GM weighs cuts in jobs, brands

DETROIT: General Motors Corp. may get rid of some brands, speed the introduction of small cars from other markets and make further white-collar job cuts as it tries to deal with a shrinking U.S. auto market.

[rootvg]

Toby Galownia wrote:

1954? and we're talking GM bankrupt? and this isn't depression? am i the only one who sees it? WWIII starts august 01, 2008.

The house around the corner from us just sold for nine hundred grand.

My brother is getting his Instrument rating and I'm gonna finish my Private later this year.

Is that a depression?

GM is looking at bankruptcy because it built poorly made cars nobody wanted for too many years. They're going down the same road as British Leyland and Studebaker before them and will probably end up in the same place.

I don't see Honda and Toyota talking about going broke. Their sales are down but they're still very much alive and still making money. Honda is doing the Hondajet in Greensboro and it's projected to be a very hot product when it comes out.

Still think it's a depression?

[RU Kiddingme]

rootvg wrote:

<quoted text>
The house around the corner from us just sold for nine hundred grand.
My brother is getting his Instrument rating and I'm gonna finish my Private later this year.
Is that a depression?
GM is looking at bankruptcy because it built poorly made cars nobody wanted for too many years. They're going down the same road as British Leyland and Studebaker before them and will probably end up in the same place.
I don't see Honda and Toyota talking about going broke. Their sales are down but they're still very much alive and still making money. Honda is doing the Hondajet in Greensboro and it's projected to be a very hot product when it comes out.
Still think it's a depression?

No, it's just income disparity on a Latin American scale, where you're either very well-to-do or extremely poor. No in-between.

It's kind of poor form for you to rub peoples' noses in it, rotty. So much for noblesse oblige. You must have a very small penis.

[jackson]

Are you kidding me? We are definitely in a depression and the fun is just beginning. Thanks to all who bought foreign vehicles and other junk from China, Japan, etc... Free trade made it possible for them to drop their crap here. You think it's funny that the American auto worker is in trouble, you also forget that the American auto worker is the one who supports this country in a huge number. Everybody's goin' down. It's a vicious circle.

[George N]

jackson wrote:

Are you kidding me? We are definitely in a depression and the fun is just beginning. Thanks to all who bought foreign vehicles and other junk from China, Japan, etc... Free trade made it possible for them to drop their crap here. You think it's funny that the American auto worker is in trouble, you also forget that the American auto worker is the one who supports this country in a huge number. Everybody's goin' down. It's a vicious circle.

The American Auto Worker:

Nissan; Tennessee and Mississippi.
Toyota; Kentucky, Indiana, Texas, California.
Honda; Ohio, Alabama
Mecedes; Alabama
Hyundai; Alabama
Kia: Georgia
BMW; South Carolina

And, that is not a complete list. It does not include the HUNDREDS of component suppliers located in the USA

[rootvg]

jackson wrote:

Are you kidding me? We are definitely in a depression and the fun is just beginning. Thanks to all who bought foreign vehicles and other junk from China, Japan, etc... Free trade made it possible for them to drop their crap here. You think it's funny that the American auto worker is in trouble, you also forget that the American auto worker is the one who supports this country in a huge number. Everybody's goin' down. It's a vicious circle.

Here we go again...everyone's going down.

How much do you want to bet that doesn't happen?

Not everyone works in the auto industry, just as we don't all work in the real estate industry or the tech industry or in finance.

Global trade is REAL and it is NOT going away! This is why I'm telling you Ohio has to get with the program. If it doesn't, it's gonna look like West Virginia ten years from now.

[rootvg]

George N wrote:

<quoted text>
The American Auto Worker:
Nissan; Tennessee and Mississippi.
Toyota; Kentucky, Indiana, Texas, California.
Honda; Ohio, Alabama
Mecedes; Alabama
Hyundai; Alabama
Kia: Georgia
BMW; South Carolina
And, that is not a complete list. It does not include the HUNDREDS of component suppliers located in the USA

I didn't know they were building Kias in Georgia.

I did hear Tesla has plans to ramp up production in Fremont, which is about a half hour from me.

[rootvg]

RU Kiddingme wrote:

<quoted text>
No, it's just income disparity on a Latin American scale, where you're either very well-to-do or extremely poor. No in-between.
It's kind of poor form for you to rub peoples' noses in it, rotty. So much for noblesse oblige. You must have a very small penis.

I'm not rubbing anyone's nose. I'm just telling you things are nowhere near as bad as you say they are.

What's happening there now has been coming for years. Time after time, the Detroit Three were told to get their collective act together and each time they took the path of least resistance.

I've been telling friends and family since 1995 that Ohio's leadership would sit there and watch the place burn to the ground...and that is precisely what happened.

I'm gonna ask you yet again:

What in the hell are you all afraid of? Why can't you simply stand up to your leadership?

[George N]

rootvg wrote:

<quoted text>
I didn't know they were building Kias in Georgia.
I did hear Tesla has plans to ramp up production in Fremont, which is about a half hour from me.

Kia starts production in about 8 months.

[George N]

rootvg wrote:

<quoted text>
I didn't know they were building Kias in Georgia.
I did hear Tesla has plans to ramp up production in Fremont, which is about a half hour from me.

The article below should interest you. I see the Tesla as being where the cell phone was 25 years ago, unaffordable for the masses, but ground-breaking nonetheless. Now they are as common as tv sets. Ditto VCRs in the late 70s. It all shows that things are happening.

http://online.wsj.com/article/SB1215474050227...

[Spirit of Reagan]

jackson wrote:

Are you kidding me? We are definitely in a depression and the fun is just beginning. Thanks to all who bought foreign vehicles and other junk from China, Japan, etc... Free trade made it possible for them to drop their crap here. You think it's funny that the American auto worker is in trouble, you also forget that the American auto worker is the one who supports this country in a huge number. Everybody's goin' down. It's a vicious circle.

The economy doesn't grow when their is a depression. Plus unemployment is usually higher than 5-6% in a depression.

[Spirit of Reagan]

rootvg wrote:

<quoted text>
Here we go again...everyone's going down.
How much do you want to bet that doesn't happen?
Not everyone works in the auto industry, just as we don't all work in the real estate industry or the tech industry or in finance.
Global trade is REAL and it is NOT going away! This is why I'm telling you Ohio has to get with the program. If it doesn't, it's gonna look like West Virginia ten years from now.

The Dems complain about trade then stop a deal with Columbia. This deal would remove 35% tariffs from our goods and make them comparable to those from the EU and Canada. Without the deal, our goods cost more, we lose deals and that HURTS the workers. More orders is better not worse.

[Spirit of Reagan]

RU Kiddingme wrote:

<quoted text>
No, it's just income disparity on a Latin American scale, where you're either very well-to-do or extremely poor. No in-between.
It's kind of poor form for you to rub peoples' noses in it, rotty. So much for noblesse oblige. You must have a very small penis.

Bull. America should take pride in those that ACHIEVE and not complainers like you that have 3rd grade comebacks focused on penis size.

[Spirit of Reagan]

RU Kiddingme wrote:

<quoted text>
No. America should take care of all of its citizens, not just the wealthiest or most ruthless.
Bite me, penisface.

America gives everyone the RIGHT to PURSUE their happiness and dreams - not the RIGHT to Demand that someone else provide it for them. That's not the government's responsibility.

[RU Kiddingme]

Spirit of Reagan wrote:

<quoted text>
America gives everyone the RIGHT to PURSUE their happiness and dreams - not the RIGHT to Demand that someone else provide it for them. That's not the government's responsibility.

The government has a responsibility to make sure that the playing field is level for all Americans.

[George N]

RU Kiddingme wrote:

<quoted text>
The government has a responsibility to make sure that the playing field is level for all Americans.

Explain.

[RU Kiddingme]

George N wrote:

<quoted text>
Explain.

Equal access to opportunity and justice for all. Believe it or not, not everyone gets a fair deal now.

[George N]

RU Kiddingme wrote:

<quoted text>
Equal access to opportunity and justice for all. Believe it or not, not everyone gets a fair deal now.

And just who are these hapless victims?

[RU Kiddingme]

George N wrote:

<quoted text>
And just who are these hapless victims?

Don't worry - it's no one you know.

[rootvg]

George N wrote:

<quoted text>
The article below should interest you. I see the Tesla as being where the cell phone was 25 years ago, unaffordable for the masses, but ground-breaking nonetheless. Now they are as common as tv sets. Ditto VCRs in the late 70s. It all shows that things are happening.
http://online.wsj.com/article/SB1215474050227...

Good article.

I wonder if the SF south peninsula area (Fremont) will end up being the next Detroit. Wouldn't THAT be a switch?

Boy...they'll have to widen the 101 freeway.

[Observer]

George N wrote:

<quoted text>
The American Auto Worker:
Nissan; Tennessee and Mississippi.
Toyota; Kentucky, Indiana, Texas, California.
Honda; Ohio, Alabama
Mecedes; Alabama
Hyundai; Alabama
Kia: Georgia
BMW; South Carolina
And, that is not a complete list. It does not include the HUNDREDS of component suppliers located in the USA

What is sad is that these companies have fooled you into believing this lie. The money still goes oversees and these companies don't pay what the American companies were paying employees. They also don't have the retirees to support like the big 3 car companies. They build cars here because it is cheaper than importing them and they can fool people by stating Americans build them. They still use inferior imported steel. Again American companies can't compete because of our EPA laws that these companies don't have to deal with. Buying foreign cars has led to a downfall in the American economy whether you can face the fact or not.