GM loss tops industry record
mtbr @ Wed Feb 13, 2008 11:40 am
stemmer stemmer:
mtbr mtbr:
stemmer stemmer:
mtbr mtbr:
Stemmer throws in the towel 
Sorry but I NEVER throw in the towel... I simply seek the truth and fight against internet punks who seek to distort the truth and undermine the Canadian way of living...
Unlike most my quest is to discover the truth and not information that merely supports my opinion.
you callin me a punk old man ![[boxing]](./images/smilies/box2.gif "boxing")
No..not you... you seem alright just naive and easily persuaded. Actually I hope to set you free on a new path of awakening to the truth. I've read your posts on hot political topics elsewhere here and it is only on autos we disagree.
There is no GM in my near future....maybe in 10 years I might be looking for a ZO6.
Tricks @ Wed Feb 13, 2008 11:48 am
ziggy ziggy:
hurley_108 hurley_108:
ziggy ziggy:
mtbr mtbr:
ziggy ziggy:
And the great Honda/Toyota debate rages on!
I know in a head on with my Chev. pickup they would both lose.
I know in a head on with my Chev. pickup they would both lose.
You would have to stop at the gas station !
No its the "japanese exports" vs "the poor old sad sack please bail me out GM"
No I wouldnt,I have a 130 gallon slip tank in the back. It's an Alberta thing.
Wow, the value of your truck must triple when you fill that up.
Small price to pay in an accident,better to go "over" then under the other vehicle. My Matrix was brutally light,the gas mileage was good but an accident would pretty well cripple you up just where your legs go. On long drives my shoulders would get sore from constantly correcting the steering to adjust for the wind.Give me a big 4x4 any day over an import.
I find most companies are useing too much plastic now,even my truck.
ziggy @ Wed Feb 13, 2008 11:48 am
I've been wondering if one of those little smart cars would fit in the back of my truck?
ziggy @ Wed Feb 13, 2008 11:55 am
Lets see a Honda or Toyota do this. Smart car on steroids.
commanderkai @ Wed Feb 13, 2008 12:08 pm
mtbr mtbr:
commanderkai commanderkai:
mtbr mtbr:
stemmer stemmer:
mtbr mtbr:
stemmer stemmer:
Toyota, Honda, etc may have plants in North America but the profits still go to Japan... They are Japanese corporations...They are not American or Canadian companies...
My point is - "it is much easier for Japan to sell cars or set up plants in North America then vice versa..."
The bulk of our consumer spending should profit our own industries unless you wish to surrender your sovereignty..
My point is - "it is much easier for Japan to sell cars or set up plants in North America then vice versa..."
The bulk of our consumer spending should profit our own industries unless you wish to surrender your sovereignty..
GM sells around the world..once again
"GM was profitable in every region outside North America. GM's Latin America, Middle East and Africa division reported a record $1.3-billion in earnings, up 140 per cent from 2006. GM's Asia Pacific division earned $744-million, up from $403-million in 2006, while GM Europe reported a profit of $55-million, down from a profit of $357-million in 2006."
As a consumer who really gives a hoot where the profits go the spin off from employment is felt here.
Maybe GM should build a new version of the '57 Chevy....I'm sure it would be a big seller in North America..
YES GM sells word wide... BUT GM does not sell in Japan... None of the big three have the ease of entry into the Japanese market that Japanese automakers have of entering into North America...
By buying Japanese imports you are giving GM a good reason to argue it most stop healthcare and pension programs in order to survive. If this is allowed, this type of cutting will ripple through cooperations in North America.
We must lobby against the trade protectionism of Japan and other countries that gain all too easy access to our markets...and do not allow the same easy access of our North American goods OR impose hefty tariffs on their products...
Buying a Toyota is not "buying a Japanese Import" ,Tell that to all those people in Cambridge. Ont.
We could just build products in North America that North Americans want to buy...Japan is not the world.
That old Buzz Hargrove argument doesn't cut it any more. Its a union lie used to harbor fear in it's members and to get voters to vote NDP,,,now Liberal
Oh come on, not all Toyotas are made in Cambridge Ontario. Enough with that argument. Here is his argument: Big three can't open manufacturing plants or have an easy time selling cars in Japan. This is a common fact
s.
here's the link on Toyota manufacturing in North America...those money stealing "thugs"
http://www.toyota.com/about/our_busines ... facturing/
What the hell is your point? The Big Three have plants in North America and around the world too...they are still American companies! GM cannot open a plant in Japan over THEIR protectionist policies, which puts Toyota at an unfair advantage. Thats my argument, can you disprove it?
mtbr @ Wed Feb 13, 2008 12:27 pm
commanderkai"commanderkai commanderkai"commanderkai:
mtbr mtbr:
commanderkai commanderkai:
mtbr mtbr:
stemmer stemmer:
mtbr mtbr:
stemmer stemmer:
Toyota, Honda, etc may have plants in North America but the profits still go to Japan... They are Japanese corporations...They are not American or Canadian companies...
My point is - "it is much easier for Japan to sell cars or set up plants in North America then vice versa..."
The bulk of our consumer spending should profit our own industries unless you wish to surrender your sovereignty..
My point is - "it is much easier for Japan to sell cars or set up plants in North America then vice versa..."
The bulk of our consumer spending should profit our own industries unless you wish to surrender your sovereignty..
GM sells around the world..once again
"GM was profitable in every region outside North America. GM's Latin America, Middle East and Africa division reported a record $1.3-billion in earnings, up 140 per cent from 2006. GM's Asia Pacific division earned $744-million, up from $403-million in 2006, while GM Europe reported a profit of $55-million, down from a profit of $357-million in 2006."
As a consumer who really gives a hoot where the profits go the spin off from employment is felt here.
Maybe GM should build a new version of the '57 Chevy....I'm sure it would be a big seller in North America..
YES GM sells word wide... BUT GM does not sell in Japan... None of the big three have the ease of entry into the Japanese market that Japanese automakers have of entering into North America...
By buying Japanese imports you are giving GM a good reason to argue it most stop healthcare and pension programs in order to survive. If this is allowed, this type of cutting will ripple through cooperations in North America.
We must lobby against the trade protectionism of Japan and other countries that gain all too easy access to our markets...and do not allow the same easy access of our North American goods OR impose hefty tariffs on their products...
Buying a Toyota is not "buying a Japanese Import" ,Tell that to all those people in Cambridge. Ont.
We could just build products in North America that North Americans want to buy...Japan is not the world.
That old Buzz Hargrove argument doesn't cut it any more. Its a union lie used to harbor fear in it's members and to get voters to vote NDP,,,now Liberal
Oh come on, not all Toyotas are made in Cambridge Ontario. Enough with that argument. Here is his argument: Big three can't open manufacturing plants or have an easy time selling cars in Japan. This is a common fact
s.
here's the link on Toyota manufacturing in North America...those money stealing "thugs"
http://www.toyota.com/about/our_busines ... facturing/
What the hell is your point? The Big Three have plants in North America and around the world too...they are still American companies! GM cannot open a plant in Japan over THEIR protectionist policies, which puts Toyota at an unfair advantage. Thats my argument, can you disprove it?
Population of Japan 127,433,494..poulation of the world 6,602,224,175...1.9% of the world lives in Japan. Maybe GM should quit crying and focus on the rest of the planet
"GM was profitable in every region outside North America. GM's Latin America, Middle East and Africa division reported a record $1.3-billion in earnings, up 140 per cent from 2006. GM's Asia Pacific division earned $744-million, up from $403-million in 2006, while GM Europe reported a profit of $55-million, down from a profit of $357-million in 2006."
They should concentrate on trying to sell cars to North Americans.
"GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC."
They should concentrate on manufacturing instead of financing their give aways.
ziggy @ Wed Feb 13, 2008 12:31 pm
MTBR says
$1:
They should concentrate on manufacturing instead of financing their give aways.
Yet GMAC will finance people where the banks wont because of a bad credit rating.
stemmer @ Wed Feb 13, 2008 12:59 pm
$1:
They should concentrate on trying to sell cars to North Americans.
"GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC."
They should concentrate on manufacturing instead of financing their give aways.
"GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC."
They should concentrate on manufacturing instead of financing their give aways.
Your desire NOT to answer the question as posed informs me either...
1) you lack the ability to comprehend
2) you know there is much truth in the fact Japan practices unfair trade policies and you wish to stick handle arround the issue with intent to convolute it with prior nonesense...
Instead of GM, Ford & Chrysler concentrating on North American markets, maybe our NA markets should be deprived from Japan.... Tic for tac...
mtbr @ Wed Feb 13, 2008 1:03 pm
stemmer stemmer:
$1:
They should concentrate on trying to sell cars to North Americans.
"GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC."
They should concentrate on manufacturing instead of financing their give aways.
"GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC."
They should concentrate on manufacturing instead of financing their give aways.
Your desire NOT to answer the question as posed informs me either...
1) you lack the ability to comprehend
2) you know there is much truth in the fact Japan practices unfair trade policies and you wish to stick handle arround the issue with intent to convolute it with prior nonesense...
Instead of GM, Ford & Chrysler concentrating on North American markets, maybe our NA markets should be deprived from Japan.... Tic for tac...
I did answer the question more than once, you can't comprehend the answer.
What does not being able to sell in Japan have to do with losing money in their North American division as compared to their divisions in the rest of the world? it's a bad excuse.
Shut down all the Honda and Toyota manufacturing plants in North America?...
That would go over well?...maybe we should shut the door to Toshiba and Sony...etc...
According to Buzz Hargrove those Hondas and Toyotas produced in North America are not allowed to be sold in Japan as well.
You sure you don't vote NDP?
hurley_108 @ Wed Feb 13, 2008 1:06 pm
ziggy ziggy:
Lets see a Honda or Toyota do this. Smart car on steroids.
Smart car on steroids.Holy shit! He did a brakestand!
Mustang1 @ Wed Feb 13, 2008 2:14 pm
mtbr mtbr:
Mustang1 Mustang1:
mtbr mtbr:
Mustang1 Mustang1:
commanderkai commanderkai:
Mustang1 Mustang1:
Scape Scape:
It only took them 30 years to do so...
True...
GM needed a scare, but it's coming back and once again it'll be the big player in the auto scene again. Toyota was that scare, but they really don't have anywhere close to the diversity of GM.
Agreed. And Toyota (great Globe article on it) is having some growing pains itself. GM seems to be getting better corporate management and with Lutz as the Car Czar, they have something Toyota doesn't have: A car guy.
Growing pains
That's because they have higher standards than lets say Honda or GM, they recall stuff before it starts a fire and someone gets killed You didn't read the article. As per usual this is nothing more than your rather pedestrian opinion. Time for a break, Toyota Tard, as no one is about to listen to you prattle on about anything when you didn't even know J.D. Powers had a reliability statistic (and don't forget the ever hilarious goof boast that a Corolla could out gun a Civic!).
You didn't post the article like usual all claims but no links.
It's not my job to educate the chronically unaware. Shuffle on.
Thanos @ Wed Feb 13, 2008 11:03 pm
I'll go as far as agreeing with Stemmer that the potential flood of Chinese manufactured vehicles that will most likely be unleashed in North America over the next ten years should be stopped by the government right now. The threat to road safety from what will undoubtedly be the worst sort of assembly-line crap ever manufactured by anyone anywhere is too great a risk to allow to happen.
We need Chinese cars on our streets about a much as we need to let more Pakistani jihadists into Canada in order to staff all the 7-11's.
Scape @ Thu Feb 14, 2008 12:51 am
The market forces will ensure that cheap cars from China are kept in check. We didn't lose our minds with the Lada, the Yugo or the Hyundai Pony. Making cars the market demands will ensure the domestic car makers prosperity. Eliminating unions and opening the Asian market are red herring solutions and do not address root cause.
commanderkai @ Thu Feb 14, 2008 5:28 am
$1:
Population of Japan 127,433,494..poulation of the world 6,602,224,175...1.9% of the world lives in Japan. Maybe GM should quit crying and focus on the rest of the planet Rolling Eyes
"GM was profitable in every region outside North America. GM's Latin America, Middle East and Africa division reported a record $1.3-billion in earnings, up 140 per cent from 2006. GM's Asia Pacific division earned $744-million, up from $403-million in 2006, while GM Europe reported a profit of $55-million, down from a profit of $357-million in 2006."
They should concentrate on trying to sell cars to North Americans.
"GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC."
They should concentrate on manufacturing instead of financing their give aways.
"GM was profitable in every region outside North America. GM's Latin America, Middle East and Africa division reported a record $1.3-billion in earnings, up 140 per cent from 2006. GM's Asia Pacific division earned $744-million, up from $403-million in 2006, while GM Europe reported a profit of $55-million, down from a profit of $357-million in 2006."
They should concentrate on trying to sell cars to North Americans.
"GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC."
They should concentrate on manufacturing instead of financing their give aways.
While once again you fail to answer my question...again. I will address your new points.
First, do you honestly believe that 1.9% of the world's population that in generally wealthy, not an advantage as a market? That's over 100 million people with money to buy cars, all for Toyota and other Japanese automakers. That's a really good market to have.
And maybe in America just shut its borders to all outside car makers would they have better success hmm? That's your argument with ignoring Japan. Hell its just 330 million people with money. Who cares? The world's population is 6 billion, the other automakers are finnne.
I do agree GM does need to cut some of its leeches off in North America but thats what the 78000 buyoffs are. And once again, they do focus on manufacturing. But oh the horror if they move their plant to Mexico. Because its not American anymore...right...
mtbr @ Thu Feb 14, 2008 8:02 am
commanderkai commanderkai:
$1:
Population of Japan 127,433,494..poulation of the world 6,602,224,175...1.9% of the world lives in Japan. Maybe GM should quit crying and focus on the rest of the planet Rolling Eyes
"GM was profitable in every region outside North America. GM's Latin America, Middle East and Africa division reported a record $1.3-billion in earnings, up 140 per cent from 2006. GM's Asia Pacific division earned $744-million, up from $403-million in 2006, while GM Europe reported a profit of $55-million, down from a profit of $357-million in 2006."
They should concentrate on trying to sell cars to North Americans.
"GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC."
They should concentrate on manufacturing instead of financing their give aways.
"GM was profitable in every region outside North America. GM's Latin America, Middle East and Africa division reported a record $1.3-billion in earnings, up 140 per cent from 2006. GM's Asia Pacific division earned $744-million, up from $403-million in 2006, while GM Europe reported a profit of $55-million, down from a profit of $357-million in 2006."
They should concentrate on trying to sell cars to North Americans.
"GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC."
They should concentrate on manufacturing instead of financing their give aways.
While once again you fail to answer my question...again. I will address your new points.
First, do you honestly believe that 1.9% of the world's population that in generally wealthy, not an advantage as a market? That's over 100 million people with money to buy cars, all for Toyota and other Japanese automakers. That's a really good market to have.
And maybe in America just shut its borders to all outside car makers would they have better success hmm? That's your argument with ignoring Japan. Hell its just 330 million people with money. Who cares? The world's population is 6 billion, the other automakers are finnne.
I do agree GM does need to cut some of its leeches off in North America but thats what the 78000 buyoffs are. And once again, they do focus on manufacturing. But oh the horror if they move their plant to Mexico. Because its not American anymore...right...
I did answer your question you just refuse the answer.
Do you think everybody in Japan would by a GM car? They have their own buicks called Camry's.
Do you think North American Gm plants would be supplying the Japanese market if the doors were open? I don't.
Japan is a drop in the bucket that GM uses as an excuse for it's in ability to sell more cars in North America , how are the two related?????? Go back and read the article , I'm not going to keep posting it line by line for you.
If America "shut its borders" would you kick out all the foreign manufactures that manufacture their product here? .
What would the big 3 do with all the foreign parts they use in their cars?
What would they do with the foreign cars that they rebadge and call their own? Would they also shut down their foreign plants?Ford would sure be pissed.
I sure wouldn't want to be a consumer in your world...."this is your car" ."it comes in this color".."this is your price comrade"