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GM: The Bailout vs. Bankruptcy Meme
In addition to the usual people hurt ..... you have to take into consideration that GM was long considered a "widows & orphans" stock. Retirees, pension plans and others with no direct connection to GM stand to loose a considerable portion of their savings.
This bankruptcy would be felt at WalMart as bad or worse then Wall Street.
Is This a Rebound for Autos?
"Hey, lets go buy a new car" ........ NOT!
Car sales make a good barometer of how tough a time the consumer is really having.
Pension Benefit Corporation Rolls the Dice at Exactly the Wrong Time
It almost looks as if there is a plan to run the pensions into the ground ..... or would that be greed ....... a way to tap into the piles of cash invested in/for our future.
GM, Ford: Big Mistakes Keep Piling Up
It is nice to see however, that some folks out there understand that GM &Ford try to build to customer demand and cannot change gears as fast as the oil company.
Sad commentary on consumers though.... all to ready to bash industry (American Industry) because they weren't ready to by a Jetta two years ago.
GM, Ford: Big Mistakes Keep Piling Up
If Toyota is the answer how come their sales are down too?
Sure we all would like better fuel economy, but what are we giving up to get it?? Primarily mass. Smaller lighter car... less weight to move... better fuel economy.
But I for one really need and use a vehicle with a gross weight of almost 9,000 pounds. Think anyone will come up with a power plant that will power a beast like that and get 30mpg. not likely. Not without a shift completely away from conventional engines to an all new energy source. The laws of thermodynamics can predict how much energy it takes to shift a 9,000 pound mass..... even with 100% efficiency it's not cheap.
GM has be3en peddling the Vibe and the Optra for some time now. If American's really want a small car why aren't they snapping these up?
When gas prices stabilize (note I didn't say come back down) and the American consumer can borrow again the shiny new trucks will begin to appear in driveways again.
This will take years, not months.
Then we can trash GM for not having enough big cars to meet demand!!!
Impact of GM Destroying the EV1
Impact of GM Destroying the EV1
Let's do the math..... gasoline is a molecule of carbon, hydrogen and oxygen......... weighs about 7??? pounds a gallon....... combustion products are H2O... C0.... CO2 and soot.......where does the "15 pounds of co2" come from???
Are Cars Loans Our Next Problem?
You have a cash strapped consumer with negative home equity and high gas prices.... a perfect storm for ALL car manufacturers. (even Toyota is down).
The consumer who has been buying the SUV for the last 5 or 6 years is still out there and will still buy a large vehicle....... he just can't afford it in the near future.
GM and Ford: Still Easy Shorts
GM Calls the Top for Oil
Right now everyone hopes this is all just temporary and gas prices will drop "just like last time"........ When people start to relocate and not just buy smaller gas guzzlers is when a meaningful drop in fuel prices will occur.