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Comments
Fiat Linea
Transmission: Five-speed manual, front-wheel drive
Economy: 57.6mpg 48 US MPG
Standard equipment: Climate control, electric windows, alloy wheels, six airbags, trip computer, remote central locking
What does the rear look like? What size car is that? Aveo? Civic?
2014 Malibu 2LT, 2015 Cruze 2LT,
She...er...IT looks good to me too. :shades:
Also Fiat is only agreeing to a 20% stake in Chrysler. I wonder if that will be enough for the treasury to still give them a lone and/or keep them out of bankruptcy.
see the front lights/fender lines
In normal Chp 11 BK everything keeps running as it was pre-BK.
http://www.buick.com.cn/
Yes, but the Fiat 500 is quite a good competitor to the Mini.
And we'll get the nice looking cars when Alfa Romeos come back to our shores.
:shades:
But the front was very pleasant without the slanty odd Civic look or the pug of the Corolla
2014 Malibu 2LT, 2015 Cruze 2LT,
2014 Malibu 2LT, 2015 Cruze 2LT,
Even under the Company’s optimistic assumptions, the Company remains breakeven, at best, on a free cash flow basis throughout the projection period, thus failing the fundamental test of viability.
o Under its own plan, GM generates $14.5bn of negative free cash flow over its 6 year forecast period.
Even in 2014, on its own assumptions, GM generates negative free cash flow after servicing legacyobligations.
o Given the highly challenging current market, the Company is already behind plan in its overall volume expectations and market share for calendar year 2009.
o Since the Company has built a plan with little margin for error, even slight swings in its assumptions produce significant and ongoing negative cash flows. For example, a 1% share miss in overall global sales, all else being equal, in 2014 would lead to a $2 billion cash flow reduction in that year.
In short, while the Company has made meaningful progress in its turnaround plan over the last few years, the progress has been far too slow, allowing the Company to continue to lag the best-in-class competitors.
Furthermore, even if the projected plan is achieved, the cash flow forecast is quite modest, leaving the Company little margin for error in what will be a very difficult turnaround.
As a result, the President’s Designee has found that General Motors’ plan is not viable as it is currently structured. However, given the improvements that have been made to date, and the path on which these improvements place GM, we believe that there could be a viable business within GM if the Company and its stakeholders
engage in a substantially more aggressive restructuring plan.
No surprise there. The beancounters missed as usual, just like the sales projections at the start of the begging period. And they choose another beaner to run the mess??
Give me a break! :mad:
Regards,
OW
What a great idea! After all, the bean counters dragged GM to the edge of the abyss in the '80s. I guess it's only fair the our President lets them finish the job. Of course, Obama and his Administration now own GM literally and figuratively. If Government Motors tanks, so does the Administration. Obama and Congress can attempt to prop GM up for a while longer, but they may well have hitched their wagon to a Vega.
Or a Citation
Or a Cimarron
Or an Aztek.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
Regards,
OW
CGI? Common Gateway Interface?
CIG? Clinton Global Initiative?
CGI? Computer Generated Graphics...
2014 Malibu 2LT, 2015 Cruze 2LT,
Look at the Fiat gagrice posted. They've sure come a long way.
2014 Malibu 2LT, 2015 Cruze 2LT,
The only real winners are auto-workers and Fiat. GM and Chrysler loose possible market share and tax payers get hosed.
I'm not for the merger.
I would not have given any of them a nickel. I do think that if the money is going to be handed out there should be some chance of success. I see NONE WITH GM.
I cannot think of one I would waste space in my garage for. That includes their SUVs. The Jeep Wrangler along with their Cummins diesel PU trucks are all that is worth salvaging. What they do have that FIAT does not have is a large dealer network. That makes it a match made in heaven. They can get rid of the OVER PAID UAW workers and start importing fuel efficient cars that NONE of the Domestics seem to be able to build here. I do not consider 30 MPG fuel efficient by the way. A midsize that cannot average 40 MPG in this day of technology is a joke. VW has them, why not the D3.
Let me guess....except for the rust holes around the front and back windows?
And honestly, it would take at least one lousy vehicle like that to get me to search out other brands right now. While Detroit makes some fine vehicles, they've probably lost folks like me forever without some horrible experience from the brand we're with. Just as I'd expect that owners who have recently bought a new GM product that they're happy with really wouldn't consider "going import".
The battleground is the population of people who are not yet buying cars.
While Toyota is testing for the ideal windshield wiper speeds, GM is still figuring out how to put body panels close together.
Even on Edmund's, while the Honda accord is being critiqued on looks; the Saturn Aura is spending time in the shop. It doesn't take a rocket scientist to realize that the Aura, G6, and Malibu share the same underpinnings.
And now we have Hyundai, Nissan, and VW all chomping at the bit.
I recently read you showdown between the CTS and they Hyundai Genesis. I have never been in a CTS but considered it GM's best car, yet it resoundingly lost to the Genesis (a Hyundai of all things). Small design flaws and quality doomed it.
The Ontario and Canadian government made and emergency loan of $250 million dollars to Chrysler Canada so that Chrysler could make payroll on Tuesday, March 31st. What about next week????
Regards,
OW
Regards,
OW
It should be more than obvious, the way these loans are being administered/happening in the real world, that they are any number of "return the favor/s" rather than any attempt at actually selling products; which a hell of a lot of folks have demonstrated and continue to demonstrate, they really do NOT want.
The MY sales figures should be the "additional" clue: 16.5 M MY car sales with D3 having (20%) a minority share of that market, down to 10 M (projected) MY sales (with its statistically significant unchanged proportionate minority share.)
One (i.e., GM ) product line that so called is getting it right: the Chevrolet Corvette line. Upshot: they do NOT build a car till there is an actual dealer (aka, customer) order. Of course for a host of reasons through out its 50 plus years storied history, it has been threaten with extinction more than once.
Yet because it is ACTUALLY succeeding, most would be LOATHED to help it.
So it is difficult to impossible to come to the conclusion that our legislators want to reward success!! Indeed they are rewarding FAILURE !!! So I would not be too terribly surprised that failure will be with us for a very long time.
And look what Honda is doing. Your point is well taken. GM is still in the dark ages of Auto making.
TOKYO (AP) - Opening a car trunk or controlling a home air conditioner could become just a wish away with Honda's new technology that connects thoughts inside a brain with robotics.
Honda Motor Co. (HMC) has developed a way to read patterns of electric currents on a person's scalp as well as changes in cerebral blood flow when a person thinks about four simple movements - moving the right hand, moving the left hand, running and eating.
Honda succeeded in analyzing such thought patterns, and then relaying them as wireless commands for Asimo, its human-shaped robot.
I can send you some pictures of my '73 128-SL coupe :shades: . May take a day or two - they're on 35 mm slides!
Right now the Challenger is red hot and is going for close to MSRP. It's Chrysler's only vehicle that they do not offer their employee pricing on. That will probably change when the new Mustang and Camaro come out though.
For the fans of GM, surely thes realize they were best at clone-making.
Who wants to bet the Volt beats Toyota to mass-market PI tech??
GM lost their edge long ago.
Regards,
OW
Used mostly as Taxis in Mumbai and other parts of India
Let us know when Honda gets automatic transmissions that last.
2014 Malibu 2LT, 2015 Cruze 2LT,
1. The euro-models are generally underpowered unless they're diesels. Being that way they will get scads of bad press as soon as the reviewers get their inky hands on them.
2. The euro fuel economy results never translate directly to EPA numbers. There always seems to be a huge shortfall.
What a shocker! :surprise:
Regards,
OW
You will continue to point out every mistake in the history of GM, but can't explain how it matters. Today, they make a great choice of vehicles at good prices with great warranties and great engineering and build quality. The competition does too but how does that help America with it's 10% unemployment and 450,000 automotive jobs already lost in the Midwest just in 2008?
I will continue to point out the negative effects of buying "made in China" at Walmart and buying 'Civic' at Honda.
Globalization, like most things, is best in moderation. The Japanese and Koreans are targeting their competition for extinction.