GM, Ford, Chrysler saved - automakers to get 15 billion in federal loans

Discussion in 'OT Driven' started by Mitchj, Dec 6, 2008.

  1. Mitchj

    Mitchj OT Supporter

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    I really didn't want to hear this, i wanted GM to have to break down its dealer networks, get rid of its useless divisions, simplify its supply chain, and turn itself into a solid core base of what it does best, i mean it may be the biggest manufacturer of cars, but as a company, lotus is more successful, as it actually turns a profit.
     
  2. themorrison

    themorrison New Member

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    hmmm, ok
     
  3. fusion210

    fusion210 Off into the shit abyss. RIP.

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    Rejoice!
     
  4. midnite

    midnite OT Supporter

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    stupid
     
  5. BLoG

    BLoG Willing to discuss potato salad

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    WAT
     
  6. fusion210

    fusion210 Off into the shit abyss. RIP.

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    UAW president sentenced to death. :cool:
     
  7. fusion210

    fusion210 Off into the shit abyss. RIP.

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    Possibly, I just finished watching Cube2: Hypercube.

    Really wish I hadn't done that. :doh:
     
  8. BLoG

    BLoG Willing to discuss potato salad

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    i mean if GM went under, wouldn't ford all of a sudden sell a shitload more trucks and cars?
     
  9. zaink

    zaink OT Supporter

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    :run: time to buy stock?!
     
  10. Mitchj

    Mitchj OT Supporter

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    sales isn't even the issue, its the fact that they have to pay so many pentions, and have such high overheads from the abundance of useless brands that barely sell any cars.
     
  11. PHXDEMON

    PHXDEMON Taints N Beans OT Supporter

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    They should've let them burn :hs:
     
  12. BLoG

    BLoG Willing to discuss potato salad

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    but why does GM or Chrysler going under = ford needs aid?
     
  13. Mitchj

    Mitchj OT Supporter

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    yeah i don't understand that either.
     
  14. nicklol

    nicklol Nu OT Supporter

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    Chrysler does not need aid when its owner has billions
     
  15. Mitchj

    Mitchj OT Supporter

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    I love Holdens, but i'm more of a Ford fan than a GM fan, Ford make some fantastic vehicles internationally, and everything they touch turns to Gold (vehicle quality wise, outside america) they just can't seem to turn a profit.
     
  16. BLoG

    BLoG Willing to discuss potato salad

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    ok
     
  17. Gilly

    Gilly Fruit Loop outta my mind like Godzilla OT Supporter

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    stop the bail out. let them fold and someone else will come in and replace them and learn from there fuck ups
     
  18. quakefiend420

    quakefiend420 If you can read this, you're too close

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    i almost bought some stock in gm a couple days ago...should have went with my gut like i usually do...could have made a quick profit here, i'm sure
     
  19. Mitchj

    Mitchj OT Supporter

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    alot of posts ive seen on forums have a better idea of how to manage these companies than the actual CEO's... who is paying these guys?
     
  20. nicklol

    nicklol Nu OT Supporter

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    Chrysler paid off their loans in 3 years back in the 80's. Wonder how long this one will take.
     
  21. fusion210

    fusion210 Off into the shit abyss. RIP.

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    There is no wondercar for Chrysler this time. They had the minivan and the k car to the rescue.
     
  22. Mitchj

    Mitchj OT Supporter

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    unfortunately, i don't think western culture will ever be as efficient as the japanese for production on this sort of scale.
     
  23. Mitchj

    Mitchj OT Supporter

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    i can't even barely think what cars chrysler even make
     
  24. fusion210

    fusion210 Off into the shit abyss. RIP.

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    Ewwwww
     
  25. Gilly

    Gilly Fruit Loop outta my mind like Godzilla OT Supporter

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    and your fucking naive if you think the goverment should bail these companys out when there not going to ever get out of "red"


    let them fall.. many will raise back up untill there is only 3 or 4 left......its happend before let it happen again
     

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