The new GM looks abroad

Reply to
Mike
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Based on the goofy stuff you have been posting for over a year concerning economics, I guess that opinion makes sense in your world, dummy LOL

Reply to
Mike

Saab Automobiles made little economic sense and still does. They made a loss of 139.000.000 euro. They sold 10 500 cars. The plan was for 50.000 cars.

The plan for next year is for 80.000 cars.

What are such plans based on?

I guess being part of GM they must have learned some higher economics.

Even after this heavy loss they have no fear because they recently got

500.000.000 euro loan and they are ok for a few years making losses.
Reply to
Bjorn

No they are not. And if you haven't noticed, USD is slowly loosing value.

Yep, democrats are selling out the American dream for debt, dysfunction and corruption.

Vote differently next time. Vote for honorable types, most often these are not those with the fastest moving lips like Obama.

Reply to
Canuck57

Reply to
Canuck57

SAAB was a damn good car, before GM got involved. I loved the way mine ran, and fit ergonomically. But that was before GM dipped their wick into this ink.

Reply to
hls

In message , Mike writes

It is are raining nor, here also, dummy LOL

Reply to
Clive

In message , Bjorn writes

Saab has been bought out by a Dutch firm whose finances have come into the news today. The firm, Spyker is said to have cash flow problems and bankers are meeting to see if help can be given.

Reply to
Clive

Hey, YOU were the one that said GM would NEVER go bankrupt. And how wrong you were.

You d> Based on the goofy stuff you have been posting for over a year concerning

Reply to
Canuck57

SAAB no longer has anything to do with GM

Saab Automobiles made little economic sense and still does. They made a loss of 139.000.000 euro. They sold 10 500 cars. The plan was for 50.000 cars.

The plan for next year is for 80.000 cars.

What are such plans based on?

I guess being part of GM they must have learned some higher economics.

Even after this heavy loss they have no fear because they recently got

500.000.000 euro loan and they are ok for a few years making losses.
Reply to
Mike

SAAB sold far more of its vehicles after being taken over by GM.

Reply to
Mike

WHAT?

Reply to
Mike

Get real. I never said GM would no go bankrupt. I owned dozens of new GM vehicles in my time. Probably more GM cars and trucks alone, than all the new brands you have owned. LOL

Reply to
Mike

In message , Mike writes My word, you picked that up fast, dummy LOL

Reply to
Clive

Tony Hancock at is best ;-)

Cheers,

Indrek Aavisto

Reply to
Indrek Aaviso

If you mean no one in Japan wants to buy a GM, it isn't because of anything the government needs to do, GM is viewed as over priced junk.

Everyone suffers with protectionism, as people buy less when they are forced to pay for lethargic unions and incompetent management. Fortunately I don't believe this will happen. It is more likely that the Tata Nano will show up for $5000.

Reply to
Canuck57

I dont exactly mean that. GM products might be viewed as junk. I am not sure.

Some countries put such a high import tax on cars that it is just not feasible, but not all of them suffer from it. My previous boss, a Norwegian citizen, wanted to take her Lexus (430?) back with her. The car cost about $72K here, but the tax to take it back was about $300K.

Some countries subsidize their auto industries, and you have little chance of dragging an American car in there.

Gasoline prices punish some makes and models.

There is always a way to inhibit this sort of trade.

Reply to
hls

Yes and fewer people buy cars. Your point? Make less cars?

Yep. And fewer people enjoy riding a nice car, if they have one at all. Your point? Make less cars?

Not like GM, not even close. GM wrote off almost 300 billion in equity.

And by your very argument, what about North American non-union Toyota, Honda and BMW? You are just a blowing smoke.

So? I believe the buyer should have the choice.

Yep, at the cost of everyone else for greedy selfish marxist-socialist auto.

Go to Cuba or Venezuela to see how marxist-socialist really work. (Hint, they don't even make cars because so few can afford them).

GM needs to get the fat our or die. The later is preferred as no one believes the prior is possible. All talk, no action.

Reply to
Canuck57

I lived for some years in Venezuela, Canuck. I can assure you I know what it was, and is, like. Venezuela did not manufacture cars at that time because there was not enough market to support it. But we WERE almost forced to provide all our employees with cars and even living accomodations. Cars were imported, were expensive, but were quite available and lots of people had them.

I agree. GM needs to straighten up or go bust. I dont think many of us want to support an industry that is not viable, in which we are not de facto share holders.

Reply to
hls

In message , Indrek Aaviso writes

Well spotted, I wonder if anyone else got the joke?

Reply to
Clive

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