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(Yahoo)   GM, that incompetent and doomed behemoth of an auto-maker that the socialist Obama should have let die off rather than bail it out and turn it into "Government Motors", is poised to re-take the worldwide lead in car sales from Toyota   (news.yahoo.com) divider line 155
    More: Interesting, automakers, Toyota, compact cars, socialists  
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5360 clicks; posted to Main » on 23 Apr 2011 at 12:23 PM (3 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2011-04-23 11:32:00 AM
Lead is bad for the environment.

See, S0cial1sm B4D!!!1!
 
2011-04-23 11:35:48 AM
So, Fartbongo actually fixed old no new.
 
2011-04-23 11:44:40 AM
isn't number two *always* "poised" to be number one?

also, of course I believe this, absolutely, completely.

/GM, paragon of truth, justice, and the American way.
 
2011-04-23 11:50:58 AM

aiiee: isn't number two *always* "poised" to be number one?

also, of course I believe this, absolutely, completely.

/GM, paragon of truth, justice, and the American way.


Well given they've been a strong second for a while and certain recent events in Japan have lead Toyota to announce that it's likely to be three to four months before they are able to restore most of their Japan based factories to production again, this isn't too unexpected
 
2011-04-23 12:04:13 PM
Bob Seger (new window)
 
2011-04-23 12:06:30 PM

Magorn: aiiee: isn't number two *always* "poised" to be number one?

also, of course I believe this, absolutely, completely.

/GM, paragon of truth, justice, and the American way.

Well given they've been a strong second for a while and certain recent events in Japan have lead Toyota to announce that it's likely to be three to four months before they are able to restore most of their Japan based factories to production again, this isn't too unexpected


And then there's the all-fired rush to sell off the government's stake at an ~$11B loss. If GM were "poised to re-take (sic) the worldwide lead in car sales" based on fundamentals, not an act of God, it would be idiotic to sell it off now.
 
2011-04-23 12:10:38 PM

aiiee: isn't number two *always* "poised" to be number one.


Absolutely. Why, just the other day I was telling everyone how Apple is poised to take over the #1 spot for desktop installs from Microsoft.
 
2011-04-23 12:22:28 PM
nice to see all the American business haters in the thread.
 
2011-04-23 12:25:25 PM
I guess the government can pick winners.

/what's good for GM is good for America.
 
2011-04-23 12:27:00 PM
I don't about you guys, but Im currently poised to take a number 2.
 
2011-04-23 12:28:34 PM
What seriously bugs me about GM:

1. The blue dot matrix displays -- so 1980s;

2. The paint that wears off of the interior controls after 35K miles.

Seriously -- it makes the cars look terribly cheap, and I will never buy one.

My Honda is still going strong after 100K miles and doesn't have a single rattle or squeak. THAT'S what GM has to beat to win my business.

Plus, flex fuel is for pussies.
 
2011-04-23 12:29:04 PM
> poised to re-take the worldwide lead in car sales from Toyota

But only because Toyota's plants in Japan are currently glowing in the dark.
 
2011-04-23 12:30:58 PM
Wow, this headline is so very toxic that I'm hesitant to reply. Here goes anyway.

Have you checked Consumer Reports as to the reliability of GM cars? It sucks. Every now and then, they have a model or two that does well for a year and then it's back to below average.

Have you checked Consumer Reports as to the reliability of Hondas or Toyotas? Above average for years and years in a row.

I will be the first in line to buy an American car as soon as they can _prove_, not with some BS purchased Motor Trend survey, but with an actual consumer survey, that their cars are reliable and durable.

What kind of car do you drive, Subby?
 
2011-04-23 12:32:14 PM
Obama did it so it's still wrong.

Everyone knows business only works when under the control of snotty, overprivileged a$$holes who make billion dollar bonuses for failing.

Hey, if you tax their bonuses, you really aren't taxing success, you're taxing failure! At last, a way to tax failure!
 
2011-04-23 12:32:38 PM
Awesome troll headline

/not really awesome
//is trolltasic though
 
2011-04-23 12:32:55 PM
I enjoyed subby's neutrality in the headline.

/dnrtfa
 
2011-04-23 12:32:59 PM
And you don't think the tsunami had anything whatsoever to do with this? Great plan Obama, bail out GM then send a tidal wave in to knock out the competition.

And in a few years we can read about the Toyota Miracle and how GM fumbled their place on top, and it'll be like 1987 all over again.

boomboxoverhead.jpg
 
2011-04-23 12:33:22 PM
It's amazing what one can do when given a shiatload of money...

The real "test" of this is going to be what sort of condition GM is in.. say 5 or 10 years from now. It's a bit too early to say if GM has learned anything or if the money given was well given or not.
 
2011-04-23 12:33:41 PM
Of course. People can't afford to buy the GOOD cars anymore. They have to settle for "works most of the time."
 
2011-04-23 12:34:04 PM

Hobodeluxe: nice to see all the American business haters in the thread.


That's because while the Überpatriots love America (farkyeah!), they can't bring themselves to support union jobs.
 
2011-04-23 12:34:48 PM
I can't buy a 98 Regency Brougham or a Bonneville anymore, so does anything really matter now?

It'd be fun to go to a Cadillac dealer and INSIST on buying a new Sedan de Ville just to see what they try to set me up with.

/in truth, can't afford anything new
 
2011-04-23 12:35:26 PM

jm105: Hobodeluxe: nice to see all the American business haters in the thread.

That's because while the Überpatriots love America (farkyeah!), they can't bring themselves to support union jobs.


As soon as I get a union job (not likely in my field) then I'll support the unions. Until they, they can fark off.
 
2011-04-23 12:36:34 PM
Meh. Still lovin' my new S5. MPG? What's that?
 
2011-04-23 12:36:45 PM
GM gets a lot of business from fleets. Government, law enforcement, taxis, rentals, you name it. These fleets want cheap cars, and don't keep the cars for more that one year or two, so long-term reliability isn't an issue.

So yes, GM cars are still crappy. But they sell a lot of them.
 
2011-04-23 12:37:54 PM

aiiee: isn't number two *always* "poised" to be number one?


no.
 
2011-04-23 12:38:23 PM

MuadDib: And then there's the all-fired rush to sell off the government's stake at an ~$11B loss.


That excludes the TARP funds GM took, and never repaid. I understand why GM and Chrysler weren't sent to Chapter 7; faced with the same situation as a politician, I might well have made the same choice, but there's no escaping the fact that the "surgical" bankruptcies essentially did away with 200 years; of bankruptcy jurisprudence, Even with the admonition that the Chrysler bankruptcy was not to be used as mandatory authority, the government used it less than a year later......

Decision is right up there with Bush v. Gore.

If GM were "poised to re-take (sic) the worldwide lead in car sales" based on fundamentals, not an act of God, it would be idiotic to sell it off now.

The administration and its fanboys response? "We don't wan the government making cars; that's not what we came to do."

Still, it's over, done, move along. GM is pretty much where it was before the valiant efforts to keep it out of liquidation - a bloated behemoth without a compelling, affordable vehicle in its lineup.

/Was sort of excited by the Volt, but won't buy one that doesn't have all-electric drive
//If ever a company deserved the Fail tag, it's GM.
 
2011-04-23 12:39:26 PM

j0e_average: What seriously bugs me about GM:

1. The blue dot matrix displays -- so 1980s;

2. The paint that wears off of the interior controls after 35K miles.

Seriously -- it makes the cars look terribly cheap, and I will never buy one.

My Honda is still going strong after 100K miles and doesn't have a single rattle or squeak. THAT'S what GM has to beat to win my business.

Plus, flex fuel is for pussies.


You're not exactly their ideal customer.

/You sound poor, possibly fat.
 
2011-04-23 12:39:49 PM
Subby: Earthquake. Ever hear of it?
 
2011-04-23 12:41:52 PM
skankboy/You sound poor, possibly fat.
You sound like an asshole paid blogger.
 
2011-04-23 12:43:00 PM

hurdboy: Still, it's over, done, move along. GM is pretty much where it was before the valiant efforts to keep it out of liquidation - a bloated behemoth without a compelling, affordable vehicle in its lineup.


You forgot the part about the UAW now having 1/3 ownership of GM and it's stock forming the vast funding of it's pension plan.

Anyone remember TWA?
 
2011-04-23 12:43:45 PM

waiting4godot: It's amazing what one can do when given a shiatload of money...

The real "test" of this is going to be what sort of condition GM is in.. say 5 or 10 years from now. It's a bit too early to say if GM has learned anything or if the money given was well given or not.


Correct. Being number 1 in sales is meaningless at this point what matters is how profitable they will be. GM may be pumping out smaller cars now but they don't have the margins toyota has and are still addicted to the giant markups on SUVs and luxory pickup trucks.
 
2011-04-23 12:44:19 PM

Magorn: aiiee: isn't number two *always* "poised" to be number one?

also, of course I believe this, absolutely, completely.

/GM, paragon of truth, justice, and the American way.

Well given they've been a strong second for a while and certain recent events in Japan have lead Toyota to announce that it's likely to be three to four months before they are able to restore most of their Japan based factories to production again, this isn't too unexpected


Yeah. All it took was massive government investment, an earthquake, a tsunami and a nuclear accident.
 
2011-04-23 12:44:30 PM

jm105: Hobodeluxe: nice to see all the American business haters in the thread.

That's because while the Überpatriots love America (farkyeah!), they can't bring themselves to support union jobs an inferior product backed by taxpayer money.


Fixed
 
2011-04-23 12:44:35 PM
Thanks, subby, for inviting all the LudicratsTM to this thread.
 
2011-04-23 12:46:44 PM
Not that I don't want GM to do well, being from Mid-Michigan and almost everyone I am related to relying on the auto industry in some way or another (GM directly, parts, shipping, something...), but I think Japan's manufacturing may have been hurt by a giant wave washing away huge chunks of their country.
 
2011-04-23 12:46:44 PM
All it took was an earthquake, a nuclear holocaust, and billions in bailout money to get them back into competition? Who could have seen that.
 
2011-04-23 12:47:47 PM

skankboy:

You're not exactly their ideal customer.

/You sound poor, possibly fat.


You're not making sense....poor, fat, stupid, and toothless is the typical GM customer profile.

Most folks that drive Honda or Toyotas at least seem to understand the concept of getting good quality for your money...unlike a union lackey who will pay more for a piece of shiat as long as it has a "Made in the USA by Union Labor" sticker on it.

/Let me guess, you also have sharp knees?
 
2011-04-23 12:47:47 PM

waiting4godot: It's amazing what one can do when given a shiatload of money...

The real "test" of this is going to be what sort of condition GM is in.. say 5 or 10 years from now. It's a bit too early to say if GM has learned anything or if the money given was well given or not.


yep. through bankruptcy law they were allowed to divorce themselves from all the crappy decisions they have been making for the past 60 years (NTTAWWT), but of course they couldn't have survived after that. they still needed $30 billion or something from us taxpayers to become viable again.

we the taxpayers did everything for these losers. they've done nothing as of yet. there is nothing to be happy about. all we can say is this is maybe a less shiatty outcome than any other option. there will never be anything to be happy about with regards to out intervention.
 
2011-04-23 12:50:35 PM
...by selling Kias and Hyundais dressed up as Cheverolets.
 
2011-04-23 12:50:43 PM
i thought it was common knowledge that you should only buy japanese cars?
 
2011-04-23 12:51:59 PM
WTF Toyota? Get back to work!
www.bousai.pref.aomori.jpwww.bousai.pref.aomori.jpwww.allfacebook.com
 
2011-04-23 12:53:03 PM
Wanted to post before the "My Honda" assholes made it in but I see I'm to late so...

They didn't let GM go to Chapter 7 because 500,000+ jobs would have been lost. Based on an average of 40,000* dollars per year per worker that's 20 Billion dollars per year out of the economy via bankruptcy of GM and it's suppliers. Verses a few loans of however many Billion dollars to keep it going. Then factor in the unemployment layout by the government and you can see why GM was kept afloat. I'll take it.



*number was yanked out of my arse
 
2011-04-23 12:54:35 PM

naptapper: Wow, this headline is so very toxic that I'm hesitant to reply. Here goes anyway.

Have you checked Consumer Reports as to the reliability of GM cars? It sucks. Every now and then, they have a model or two that does well for a year and then it's back to below average.

Have you checked Consumer Reports as to the reliability of Hondas or Toyotas? Above average for years and years in a row.

I will be the first in line to buy an American car as soon as they can _prove_, not with some BS purchased Motor Trend survey, but with an actual consumer survey, that their cars are reliable and durable.

What kind of car do you drive, Subby?



Actually latley I think toyota has been going down hill. Everyone I know with a toyota latley has been taking their car to the shop for things that shouldnt have broken. Drive train on a new truck etc.. That doesnt sit well with me.

Personally I have a ford explorer with over 250,000 miles on it.
Never replaced transmission etc. Have replaced the shocks and other things that are expected to wear out.

I dont buy into the toyota is more reliable than the next car. May have been true in the past but they are getting lazy like gm did. Really the only thing on the market for us to buy is a pos no matter what you buy.

On the other hand my parents have a chevy truck over 10 years old runs just fine and a suburan that is over 6 years old that looks and runs just like the day they got it. So who knows anymore. Maybe its a crapshoot. Or could just be how you take care of your vechile.
 
2011-04-23 12:55:28 PM

j0e_average: My Honda is still going strong after 100K miles and doesn't have a single rattle or squeak. THAT'S what GM has to beat to win my business.


That's something I've always noticed about Honda in particular. They retain a "solid" feel well into old age. Doors "thump" satisfyingly, chassis and body panels don't squeak, etc. The American cars I've owned or otherwise driven all seem to sound like they'll fall apart at the next speed bump. To be fair, I haven't owned a car since 1999 (motorcycle commuter - all my needs are near my place + no kids) so maybe this has improved in the past decade.

I do know that my Mom's car, a 2004 Pontiac Grand Am, has only 65k miles and it drives like a tin of Lincoln Logs.
 
2011-04-23 12:55:46 PM
Also, I'd like to add that I've been seeing a huge "Big 3" presence here in Europe since I got here. Chevy has the "Spark" all over here lately, and the Ford Focus is all over the place. It's not quite the same Focus as in the states, but a Focus it is.
 
2011-04-23 12:57:11 PM

Eponymous: You forgot the part about the UAW now having 1/3 ownership of GM and it's stock forming the vast funding of it's pension plan.


No, I didn't forget that, and it's why I understand why they did it. A full Chapter 7 of Chrysler, alone, would have completely farked the PBGC. Throw GM on top of that, well.....lots more taxpayer money being spent to pay people's pensions.

The UAW share, more than the pension, was about retirees' (and their dependents) health insurance. Currently, UAW retirees and their spouses often eschew using Medicare. All the GM retirees will eventually see their benefits be cut off at 65, no ifs, ands, or buts. But that's an issue where the government punted; the UAW will have to sort that out with its members. FWIW, Ford already did that, which is part of the reason they didn't need to file Ch. 11. (Ford also basically mortgaged everything it owns before the credit bubble burst to have cash on hand....whether they'll be able to keep up with the payments is still very much an open question.)

Anyone remember TWA?

No? I know someone who worked for them; didn't they get bought out by Delta?
 
2011-04-23 12:58:07 PM

j0e_average: The blue dot matrix displays -- so 1980s;


For most things, I'll take the old blue VFD displays over an LCD any day, because most of the goddamned LCD displays were apparently laid out by somebody who's never worn polarized sunglasses, resulting in little black rectangles wherever there ought to be information visible. It seems like they could just use the right type and/or orientation of LCDs, but that's apparently too much to ask of whoever designs automotive interiors.
 
BHK
2011-04-23 12:59:52 PM
Proving yet again that the end does justify the means!
 
2011-04-23 01:02:09 PM
It sure does seem very efficient to have the government bail out the company, buy most of its cars through fleet sales, and hammer its competition with investigations.

Good times, good times...
 
2011-04-23 01:03:28 PM
GM will be number one because:

1. Fleet sales
2. Selling actually decent cars in Europe and Australia
3. Earthquake/tsunami/nuclear disaster taking out the real world leader.

But hey, #1* is still #1.
 
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