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(ABC)   American Auto Bailout - Part Deux   (abcnews.go.com) divider line 121
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7396 clicks; posted to Politics » on 10 Mar 2012 at 1:58 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-03-09 10:48:35 PM
FTFA: Because U.S. taxpayers still own roughly one-quarter of GM, they now own a piece of Peugeot.

France... surrenders?
 
2012-03-09 11:12:24 PM
General Motors last week bought more than $400 million in shares of PSA Peugeot Citroen - a 7 percent stake in the company.

followed by...

In other words, General Motors essentially just dumped more than $400 million of taxpayer assets on junk bonds.

Shares = bonds?

Is this guy f*cking retarded?
 
2012-03-09 11:54:04 PM

NewportBarGuy: General Motors last week bought more than $400 million in shares of PSA Peugeot Citroen - a 7 percent stake in the company.

followed by...

In other words, General Motors essentially just dumped more than $400 million of taxpayer assets on junk bonds.

Shares = bonds?

Is this guy f*cking retarded?


Apparently.
 
2012-03-10 12:32:44 AM
If it means Peugeot styling on American cars, I'm all for it. GM has some ugly-ass cars.
 
2012-03-10 02:06:19 AM
So how is this any different than when Bank of America used bailout money to buy Merrill Lynch?
 
2012-03-10 02:06:27 AM
SO does this mean the Cirtoen C4 is coming stateside? I"m all for it. The Peugeot 206 would be ok I suppose.
 
2012-03-10 02:19:24 AM
It appears Jonathan Karl is almost as dumb as fark.
 
2012-03-10 02:21:29 AM

ecmoRandomNumbers: If it means Peugeot styling on American cars, I'm all for it. GM has some ugly-ass cars.


If we finally get European gas mileage...awesome.
 
2012-03-10 02:26:12 AM

ecmoRandomNumbers: If it means Peugeot styling on American cars, I'm all for it. GM has some ugly-ass cars.


Seriously. GM cars just always feel slightly crappy. And I say this a chevy owner
 
2012-03-10 02:26:29 AM

NewportBarGuy: Is this guy f*cking retarded?


Sure seems that way.

GM also once owned stakes in Subaru and Mitsubishi, as well as dealings with FIAT and other companies. Ford owned a controlling interest in Mazda for 30+ years, and don't even get me started in the clusterfark that is/was Chrysler and Mitsubishi's bastard child that was Diamond Star.


In unrelated news: hueg megacorps buy and sell shares in eachother, and have since forever. I'm sure we'll have a breathless update on Chevrolet's buying substantial stock in General motors, all while buggywhip sales have plummeted!
 
2012-03-10 02:26:41 AM

Sabyen91: ecmoRandomNumbers: If it means Peugeot styling on American cars, I'm all for it. GM has some ugly-ass cars.

If we finally get European gas kilometreage...awesome.


FTFY
 
2012-03-10 02:27:07 AM
ABC comments are about as good as Yahoo comments.
 
2012-03-10 02:27:20 AM
Too bad it isn't Renault, I want a Clio:
cdn-www.rsportscars.com
 
2012-03-10 02:29:53 AM

antidisestablishmentarianism: Too bad it isn't Renault, I want a Clio:
[cdn-www.rsportscars.com image 308x204]


Who could have seen THAT coming?

/Miss Clio
 
2012-03-10 02:30:06 AM
Do we get to rename them Freedom Cars?
 
2012-03-10 02:31:25 AM

Spaced Lion: Sabyen91: ecmoRandomNumbers: If it means Peugeot styling on American cars, I'm all for it. GM has some ugly-ass cars.

If we finally get European gas kilometreage...awesome.

FTFY


We will now have to eat froot by the 1/3 meter. Damned Euros.
 
2012-03-10 02:32:58 AM

BlackCat23: and don't even get me started in the clusterfark that is/was Chrysler and Mitsubishi's bastard child that was Diamond Star.


I owned a TSi for a few years. Electrical gremlins, glass transmission, and something broke on it every month. Fun car to drive when it worked though.
 
2012-03-10 02:33:54 AM

antidisestablishmentarianism: BlackCat23: and don't even get me started in the clusterfark that is/was Chrysler and Mitsubishi's bastard child that was Diamond Star.

I owned a TSi for a few years. Electrical gremlins, glass transmission, and something broke on it every month. Fun car to drive when it worked though.


Did you just say Gremlin? Those were the best!
 
2012-03-10 02:34:48 AM
This doesn't necessarily seem like a bad idea when the US market is increasingly demanding fuel efficiency. I hope it works out for GM. And of course, Republicans are praying it blows up and ruins GM before November 6th. Because they love America so much.
 
2012-03-10 02:36:13 AM
Also you have to keep in mind that the market for US-made cars is more and more a foreign market. In the US we may buy Japanese and German cars more than American, but in China US cars are seen as a status symbol, and there is a rapidly growing demand for GM vehicles in China.
 
2012-03-10 02:36:45 AM

Sabyen91: It appears Jonathan Karl is almost as dumb as fark.


Don't take the site's name in vain!
 
2012-03-10 02:38:41 AM

Sabyen91: antidisestablishmentarianism: BlackCat23: and don't even get me started in the clusterfark that is/was Chrysler and Mitsubishi's bastard child that was Diamond Star.

I owned a TSi for a few years. Electrical gremlins, glass transmission, and something broke on it every month. Fun car to drive when it worked though.

Did you just say Gremlin? Those were the best!


I really wish AMC would have succeeded. I blame management for their downfall.
 
2012-03-10 02:39:01 AM

IceCube85: Sabyen91: It appears Jonathan Karl is almost as dumb as fark.

Don't take the site's name in vain!


He is almost certainly dumber than Drew Curtis...maybe.
 
2012-03-10 02:39:37 AM
How dare a business that the government has invested in make an investment like this!

That was taxpayer money! Nobody at GM asked ME if they could make any investments. Did they ask you guys?

No? BUT WE OWN THEM!

/seriously?
//next week: the government gets good return on bailout, how dare the government make money
//wait, that outrage already happened
 
2012-03-10 02:39:41 AM

antidisestablishmentarianism: Sabyen91: antidisestablishmentarianism: BlackCat23: and don't even get me started in the clusterfark that is/was Chrysler and Mitsubishi's bastard child that was Diamond Star.

I owned a TSi for a few years. Electrical gremlins, glass transmission, and something broke on it every month. Fun car to drive when it worked though.

Did you just say Gremlin? Those were the best!

I really wish AMC would have succeeded. I blame management for their downfall.


I see what you did there.

/farking incompetent Romneys.
 
2012-03-10 02:43:15 AM

culebra: Do we get to rename them Freedom Cars?


Sure but they only have one gear. Reverse.
 
2012-03-10 02:48:17 AM

Sabyen91: antidisestablishmentarianism: Sabyen91: antidisestablishmentarianism: BlackCat23: and don't even get me started in the clusterfark that is/was Chrysler and Mitsubishi's bastard child that was Diamond Star.

I owned a TSi for a few years. Electrical gremlins, glass transmission, and something broke on it every month. Fun car to drive when it worked though.

Did you just say Gremlin? Those were the best!

I really wish AMC would have succeeded. I blame management for their downfall.

I see what you did there.

/farking incompetent Romneys.


Busted.

But seriously, AMC designs were ahead of their time. The parts bin assembly is what killed them. IIRC there was a time when the Javelin outsold the Mustang and other muscle cars and AMC had to source parts from GM, Ford, and Chrysler.
 
2012-03-10 02:49:55 AM
Your knowledge of finance is hot, Karl.
 
2012-03-10 02:51:55 AM

antidisestablishmentarianism: Sabyen91: antidisestablishmentarianism: Sabyen91: antidisestablishmentarianism: BlackCat23: and don't even get me started in the clusterfark that is/was Chrysler and Mitsubishi's bastard child that was Diamond Star.

I owned a TSi for a few years. Electrical gremlins, glass transmission, and something broke on it every month. Fun car to drive when it worked though.

Did you just say Gremlin? Those were the best!

I really wish AMC would have succeeded. I blame management for their downfall.

I see what you did there.

/farking incompetent Romneys.

Busted.

But seriously, AMC designs were ahead of their time. The parts bin assembly is what killed them. IIRC there was a time when the Javelin outsold the Mustang and other muscle cars and AMC had to source parts from GM, Ford, and Chrysler.


The funny thing is that Mitt would have bought his dad's company just to suck the marrow out and toss it aside.
 
2012-03-10 02:55:41 AM
Now how about selling Peugots, Citroens and Renaults in America? Cause, that would be awesome.
 
2012-03-10 03:01:56 AM

antidisestablishmentarianism: BlackCat23: and don't even get me started in the clusterfark that is/was Chrysler and Mitsubishi's bastard child that was Diamond Star.

I owned a TSi for a few years. Electrical gremlins, glass transmission, and something broke on it every month. Fun car to drive when it worked though.


I've been a mechanic most of my adult life. I love the StarQuests(outside of their glass transmissions, which can be fixed and made better), but never understood the huge amount of love for the other DSMs(talon/eclipse). They were unreliable, buggy, had even WORSE drivetrains(Ahhh, let us count the recalls... 1....2...21...32....44...). But I'm not one to talk, I owned turbofords ;)

/miss the hell out of my xr4ti
//hey, the cossies are almost old enough to import legally!
///oh, yeah... i'm broke...
 
2012-03-10 03:03:57 AM
(also, I assume whenever someone talks DSM and says TSi, that means they had a Starion, not a talon/eclipse, so feel free to correct me if I mistook your car choice.)
 
2012-03-10 03:04:06 AM

NobleHam: Also you have to keep in mind that the market for US-made cars is more and more a foreign market. In the US we may buy Japanese and German cars more than American, but in China US cars are seen as a status symbol, and there is a rapidly growing demand for GM vehicles in China.


Not quite. 55% of cars on the road in the US are American built(Well, internet users anyway). Japan comes in at 33% and Europe has a measly 5%.
Link (new window)
 
2012-03-10 03:05:42 AM

BlackCat23: (also, I assume whenever someone talks DSM and says TSi, that means they had a Starion, not a talon/eclipse, so feel free to correct me if I mistook your car choice.)


Naw, I had the Talon. I eyed up a Starion a few years back but decided against it.
 
2012-03-10 03:10:42 AM

antidisestablishmentarianism: BlackCat23: (also, I assume whenever someone talks DSM and says TSi, that means they had a Starion, not a talon/eclipse, so feel free to correct me if I mistook your car choice.)

Naw, I had the Talon. I eyed up a Starion a few years back but decided against it.


Oh... oh... you poor, poor thing... I'm so sorry.

The Starquests had a problem with countershaft bearings, they would prematurely wear, wobble, and crack the transmission housing if not caught soon enough.

The Talon/Eclipse was a farking clusterfark of bad ideas that was somehow cobbled together into a working car, and even a decent performance machine. When it ran. Or moved under it's own power. Or wasn't on fire.

I never understood why people still dump insane money into them. Great engine saddled by a terrible car, a horrible driveline, and an electrical system that would make Lucas himself blush with pride...

I have a few friends that have dumped insane money into them as autox/track day rides, or "flash" rides, but not daily drivers. One had some $14.5k into his before selling it. He drove it maybe twice a month; first drive for fun, second to shake down all the bugs that cropped up in the first, and the rest of the month off to fix 'em. Lather, rinse, repeat :|
 
2012-03-10 03:14:17 AM

NewportBarGuy: General Motors last week bought more than $400 million in shares of PSA Peugeot Citroen - a 7 percent stake in the company.

followed by...

In other words, General Motors essentially just dumped more than $400 million of taxpayer assets on junk bonds.

Shares = bonds?

Is this guy f*cking retarded?


No, he knows what he's saying. This is part of the right wing noise machine's hate-on of GM. They are already doing everything to call the bailouts failures and pin it on the Ni-*CLANG* In Chief, and nearly 1/5 of Fox Business Channel's programming is dedicated to slamming the Volt. Because remember: Saving hundreds of thousands of jobs and the country's most visible manufacturing industry: SOSHULIZM!!! Bailing out multibillionares and their gambling houses banks that deep-sixed the economy: It's the invisible hand(job) of the market correcting itself!
 
2012-03-10 03:17:51 AM

BlackCat23: antidisestablishmentarianism: BlackCat23: (also, I assume whenever someone talks DSM and says TSi, that means they had a Starion, not a talon/eclipse, so feel free to correct me if I mistook your car choice.)

Naw, I had the Talon. I eyed up a Starion a few years back but decided against it.

Oh... oh... you poor, poor thing... I'm so sorry.

The Starquests had a problem with countershaft bearings, they would prematurely wear, wobble, and crack the transmission housing if not caught soon enough.

The Talon/Eclipse was a farking clusterfark of bad ideas that was somehow cobbled together into a working car, and even a decent performance machine. When it ran. Or moved under it's own power. Or wasn't on fire.

I never understood why people still dump insane money into them. Great engine saddled by a terrible car, a horrible driveline, and an electrical system that would make Lucas himself blush with pride...

I have a few friends that have dumped insane money into them as autox/track day rides, or "flash" rides, but not daily drivers. One had some $14.5k into his before selling it. He drove it maybe twice a month; first drive for fun, second to shake down all the bugs that cropped up in the first, and the rest of the month off to fix 'em. Lather, rinse, repeat :|


Yeah, I bought mine as a daily driver after my truck decided to inexplicably quit on me. So for a few years I alternated between the Talon and my truck as I couldn't keep either of them running together for more than a month at a time or so. I was able to sell the Talon after I bought my WRX and ended up losing only $500 over the 2 years I owned it. I figure I came out ahead or at least broke even with the thing. There is always someone out there willing to pay too much for a sporty car.

What Turbo Ford did you have? I"m guessing the Mustang.
 
2012-03-10 03:18:44 AM

Nuff Said McFarky: No, he knows what he's saying. This is part of the right wing noise machine's hate-on of GM. They are already doing everything to call the bailouts failures and pin it on the Ni-*CLANG* In Chief, and nearly 1/5 of Fox Business Channel's programming is dedicated to slamming the Volt. Because remember: Saving hundreds of thousands of jobs and the country's most visible manufacturing industry: SOSHULIZM!!! Bailing out multibillionares and their gambling houses banks that deep-sixed the economy: It's the invisible hand(job) of the market correcting itself!


For the record, the smear campaign on the Volt seems to have been super effective, considering they've shut down production due to such poor sales, and the fear brought on by the fire bullhonky(even though it never happened on the road, and GM was actually quick to fix it, and the NHTSA agreed that GM's fix was spot on).
 
2012-03-10 03:20:57 AM

BlackCat23: antidisestablishmentarianism: BlackCat23: (also, I assume whenever someone talks DSM and says TSi, that means they had a Starion, not a talon/eclipse, so feel free to correct me if I mistook your car choice.)

Naw, I had the Talon. I eyed up a Starion a few years back but decided against it.

Oh... oh... you poor, poor thing... I'm so sorry.

The Starquests had a problem with countershaft bearings, they would prematurely wear, wobble, and crack the transmission housing if not caught soon enough.

The Talon/Eclipse was a farking clusterfark of bad ideas that was somehow cobbled together into a working car, and even a decent performance machine. When it ran. Or moved under it's own power. Or wasn't on fire.

I never understood why people still dump insane money into them. Great engine saddled by a terrible car, a horrible driveline, and an electrical system that would make Lucas himself blush with pride...

I have a few friends that have dumped insane money into them as autox/track day rides, or "flash" rides, but not daily drivers. One had some $14.5k into his before selling it. He drove it maybe twice a month; first drive for fun, second to shake down all the bugs that cropped up in the first, and the rest of the month off to fix 'em. Lather, rinse, repeat :|


Mitsu seemed to have a problem with throwing technology at their cars and not making sure the parts were reliable in the first place, or that they would play nice at all. Remember the 3000GT Twin Turbo? Dead sexy, fast when it worked, most cramped engine bay ever, and mechanical and electrical gremlins out the wazoo. And I should know: I fix up 2nd. gen. RX-7s for fun! By the time they figured it all out and finally brought the Evo to the US, they were already in a death spiral.

/FC RX-7s aren't bad, at least not the normally aspirated ones.
 
2012-03-10 03:29:15 AM

antidisestablishmentarianism: Yeah, I bought mine as a daily driver after my truck decided to inexplicably quit on me. So for a few years I alternated between the Talon and my truck as I couldn't keep either of them running together for more than a month at a time or so. I was able to sell the Talon after I bought my WRX and ended up losing only $500 over the 2 years I owned it. I figure I came out ahead or at least broke even with the thing. There is always someone out there willing to pay too much for a sporty car.

What Turbo Ford did you have? I"m guessing the Mustang.


Only $500? That's turning a profit in DSM land!

I owned a Merkur XR4Ti, and almost bought a Thunderbird Turbo Coupe last year(wasn't happy with the chassis condition, connecticut = rust on the american made cars, the Merkurs were often better built). I would have bought an SVO mustang(the turbo GT's were shiat), but they're becoming collectors items for the only two models I'd consider(1985.5 and 1986), and are now well out of reasonable pricerange.

Nuff Said McFarky: Mitsu seemed to have a problem with throwing technology at their cars and not making sure the parts were reliable in the first place, or that they would play nice at all. Remember the 3000GT Twin Turbo? Dead sexy, fast when it worked, most cramped engine bay ever, and mechanical and electrical gremlins out the wazoo. And I should know: I fix up 2nd. gen. RX-7s for fun! By the time they figured it all out and finally brought the Evo to the US, they were already in a death spiral.

/FC RX-7s aren't bad, at least not the normally aspirated ones.


They also had a terrible problem with quality control. As for the 3kGT/Stealth, I actually have an aquaintence(friend of my mother's)that owned 5 of them. NEVER had a problem with any of them outside of factory recalls. This may have been due to her being an older female driver, but those models were indeed, hit or miss. I have a friend that's still hauling around in his blue, 97 VR4 without ever rebuilding the engine or turbos. New transmission/clutch, but for the most part, fairly unmolested. Neither owner ever had electrical problems. So yeah, I think it depends on what was for lunch in Nagoya that day.

/ain't nothin' wrong with an FC, turbo or n/a. I could get my lulz and point out that I created a now (in)famous RX meme, but I won't. Cause i'm nice.
//seriously, joking aside, the cars take too much flak. I know lots of guys running crazy boosted TIIs and single turbo(one of those bastards RIPS with a ceramic T3/4 hybrid)setups. Sure, you might spit an apex seal if you're a moron and don't know what you're doing, or if you race or beat on it hard, but hell, my friend has 132k on his TII without a rebuild.
 
2012-03-10 03:33:03 AM

BlackCat23: For the record, the smear campaign on the Volt seems to have been super effective, considering they've shut down production due to such poor sales, and the fear brought on by the fire bullhonky(even though it never happened on the road, and GM was actually quick to fix it, and the NHTSA agreed that GM's fix was spot on).


The $40k entry price isn't helping either.

Nuff Said McFarky: Remember the 3000GT Twin Turbo? Dead sexy, fast when it worked, most cramped engine bay ever, and mechanical and electrical gremlins out the wazoo.


At my local pick-n-pull there is a beautiful looking 3000GT sitting on it's rotors. No crash damage or anything. Someone must have thrown up their hands and figured getting scrap price for the thing was better than fixing and selling it. I loved the car in GT2 but in the real world the cost of keeping one on the road kept me away.
 
2012-03-10 03:37:06 AM

antidisestablishmentarianism: The $40k entry price isn't helping either.


Yeah, I had that in my rant, but since it's 330am, I accidently hamfisted the keyboard and hit F5, resulting in my having to re-write my post, and just kinda forgot about it.

antidisestablishmentarianism: At my local pick-n-pull there is a beautiful looking 3000GT sitting on it's rotors. No crash damage or anything. Someone must have thrown up their hands and figured getting scrap price for the thing was better than fixing and selling it. I loved the car in GT2 but in the real world the cost of keeping one on the road kept me away.


Just rebuilding the engine on that machine easly went over the cost of the value of the car. Same goes with the drivetrain. Goes back to the "packed under the hood like Indian folk on a train" thing. Same reason you saw a lot of 90s 300zx'shiatting the scrapyards(I worked at a foreign-only scrap yard for awhile, a lot of them came in, and just as many left whole. For every person that got rid of a non-working Z, there was some masochist that would come and buy the whole car). The cost just outran the value. Unless you were into that ride, chances are you weren't going to invest any more into it.
 
2012-03-10 03:38:17 AM

antidisestablishmentarianism: NobleHam: Also you have to keep in mind that the market for US-made cars is more and more a foreign market. In the US we may buy Japanese and German cars more than American, but in China US cars are seen as a status symbol, and there is a rapidly growing demand for GM vehicles in China.

Not quite. 55% of cars on the road in the US are American built(Well, internet users anyway). Japan comes in at 33% and Europe has a measly 5%.
Link (new window)


Hmm. I guess I'm even more right than I thought then.

/walks off humming contentedly
 
2012-03-10 03:42:18 AM
NobleHam: Also you have to keep in mind that the market for US-made cars is more and more a foreign market. In the US we may buy Japanese and German cars more than American, but in China US cars are seen as a status symbol, and there is a rapidly growing demand for GM vehicles in China.

Yes, they sell more Buicks in China than they do in the U.S.
 
2012-03-10 03:44:35 AM
I'm pleased this turned into a car guy thread smack dab in the middle of the politics tab. Goodnight people!
 
2012-03-10 03:57:11 AM

antidisestablishmentarianism: I'm pleased this turned into a car guy thread smack dab in the middle of the politics tab. Goodnight people!


We interject our greasemonkey nature in the best spots possible. 3am on the politics board seemed like a great spot.


/and I agree, 'tis time for sleep.
//PS: You won't see Renault in the US any time soon. Their last endevour left a bad taste, and they(and Nissan)have no real intention of trying again, instead they plan to try to break more into China.
 
2012-03-10 03:59:25 AM

antidisestablishmentarianism: At my local pick-n-pull there is a beautiful looking 3000GT sitting on it's rotors. No crash damage or anything. Someone must have thrown up their hands and figured getting scrap price for the thing was better than fixing and selling it. I loved the car in GT2 but in the real world the cost of keeping one on the road kept me away.


I had a massive hard-on for the 3000GT in high school and could have bought an older FWD model, but nearly everyone I spoke to about them told me to run, not walk, away from them. The FWD models are decent cruisers and aren't the maintenance nightmares the turbos are, but they still aren't cheap. It's one of those cars you can buy, but can't afford.

BlackCat23: /ain't nothin' wrong with an FC, turbo or n/a. I could get my lulz and point out that I created a now (in)famous RX meme, but I won't. Cause i'm nice.
//seriously, joking aside, the cars take too much flak. I know lots of guys running crazy boosted TIIs and single turbo(one of those bastards RIPS with a ceramic T3/4 hybrid)setups. Sure, you might spit an apex seal if you're a moron and don't know what you're doing, or if you race or beat on it hard, but hell, my friend has 132k on his TII without a rebuild.


If you have lulz, then share them! I get flak for being a rotard all the time. I'm used to the jokes. Funny thing is most of my friends who drive older boinger-powered cars spend more time fixing problems with their cars than I do with my N/A RX-7. That includes a Fox body- yes, I have a friend who screwed up a car that's as complicated as an anvil. I also have a turbo-swapped FC in storage, although the previous owner didn't upgrade the cooling system. It can run for about 5 minutes before going nuclear, and the coolant passages look nasty. I was going to go V-8 but a friend on a Mazda forum sold me two fresh-from-Japanland turbo engines, three transmissions, a drive shaft, a diff pumpkin, and a bunch of interior pieces for $250. I'm going to swap in one of the good ones and beef up the cooling, someday. Maybe. When I get around to it.
 
2012-03-10 03:59:34 AM

BSABSVR: ecmoRandomNumbers: If it means Peugeot styling on American cars, I'm all for it. GM has some ugly-ass cars.

Seriously. GM cars just always feel slightly crappy. And I say this a chevy owner


My mother had a 307 for a while. Yeah, it looked nice to start with, but the damn thing kept having bits fall off it - fabric on the back of the seat fell off, plastic part of the door arm rest fell off, sunshade went wonkey. Plus, the two LCD screens in the car were each polarised a different way (one vertically, one horizontally), so if you had a pair of polarised sunglasses on, one or the other would be invisible to you. So it all looks good to start with, but then all those cut corners in production really make it suck.

Not to mention it was pretty crappily engineered (you couldn't replace the battery without taking it into the shop, as the battery was covered by other parts (airconditioning ducting I think?), and the car would shut down completely if anything happened to the battery - which failed a couple of times, once while I was driving! Luckily on a backstreet, but it was still pretty dangerous.

Their styling is actually quite nice, the features were great, good fuel economy, and besides the electrical failures, never had a problem with the driving of the car. If they could revamp the engineering side of things, and improve quality control, then this could be an good investment, because there is such a potential to make really good cars there. But it'll take a lot of work ... well, good luck with that.
 
2012-03-10 04:10:10 AM

NobleHam: Also you have to keep in mind that the market for US-made cars is more and more a foreign market. In the US we may buy Japanese and German cars more than American, but in China US cars are seen as a status symbol, and there is a rapidly growing demand for GM vehicles in China.


Not all of us believed the derp flung at Detroit. They're still good cars in the US, just that making them more global is an epic mistake. US cars for the US market, then export those with minimal modifications to sell elsewhere - not have some foreign effort attempt to design a car without the necessary exposure and knowledge about the US that GM & Chrysler largely have in spades.

Is it a cardinal sin to have a car that is made & fully engineered in your own country, by a company that is not a transplant or foreign firm?

bingethinker: Yes, they sell more Buicks in China than they do in the U.S.


No wonder Buicks went to shiat. They ditched everything good about Buick, then slapped Buick labels on the top bits of the Opel lineup. Going global always makes a car worse.
 
2012-03-10 04:11:40 AM

Nuff Said McFarky: If you have lulz, then share them! I get flak for being a rotard all the time. I'm used to the jokes. Funny thing is most of my friends who drive older boinger-powered cars spend more time fixing problems with their cars than I do with my N/A RX-7. That includes a Fox body- yes, I have a friend who screwed up a car that's as complicated as an anvil. I also have a turbo-swapped FC in storage, although the previous owner didn't upgrade the cooling system. It can run for about 5 minutes before going nuclear, and the coolant passages look nasty. I was going to go V-8 but a friend on a Mazda forum sold me two fresh-from-Japanland turbo engines, three transmissions, a drive shaft, a diff pumpkin, and a bunch of interior pieces for $250. I'm going to swap in one of the good ones and beef up the cooling, someday. Maybe. When I get around to it.


Wow. Score. I have a friend that did an FC V8 conversion(Ford 302), and having driven it, it completely farking RUINED the handling of a fairly brilliant little car. Paticularly the n/a that were so light and well balanced. You just can't set the V8 down and far enough back to compensate.

Still, did the best god damn burnouts on the planet till he wrapped it around a tree.

As for the meme...

i.imgur.com

Made it as a joke when a friend bought his FD turbo, and promptly blew it the fark up the next day. Posted it on a few forums(following him around to be a jerk)and it kinda took off. I have the original somewhere on my serverbox. Since i created it in... shiat, 04 or 05, it's become a prevailing demotivational for the Rex crowd.


/goes back to trying to figure out how one screws up a fox
//did he throw sand in it? Cause i'm comin' up jokers here..
/I'm going to head off to bed before trying to figure that out causes me to blow something...
 
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