Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
Options
General Motors discussions
This discussion has been closed.
Comments
The same extended Thank-you goes to you also. I don't need to Thank lemko, he already knows I thank him.
Rocky
Rocky
Agree with your post, but it's not patriotic and right IMHO, to help/allow foreign governments to buy up vast quantities of america, just because they can.
Rocky
And the reason for that is.....?
Let's say Toyota buys a large chunk of dirt in San Antonio. They then invest a billion or so $ in the area to build a plant and hire employees. This is called 'investment'.
What are you afraid Toyota (or Japan) will do with that hunk of dirt? Open a wormhole for the direct invasion of the Japanese army into south Texas?
The flip side of it is when GM (America) invests a few billion $ in foreign countries (like China). Do you think the Chinese should FEAR a foreign government buying up 'vast quantities' of China? How would GM purchase/investment in China be BAD for the Chinese?
There was a smallish GM concept shown there. Maybe this fits in with what Bob Lutz said in Paris according to yesterday's WSJ. Some of his items:
"I'd say the best thing the government (US) can do is raise the gas tax by 10 or 15 cents a year until it reaches European levels....In Europe, people buy $30,000 Golfs.... People are willing to pay lots of money for extremely well equipped, fuel efficient cars."
He also said that three years ago, GM instinct would be to make future Hummers even bigger and more massive than the current H2. "Now, our instinct would be to go down instead of up" in size, toward a vehicle even smaller than today's H3.
Is GM thinking still behind the times? Three years ago, Honda was probably getting ready for Fit and Toyota and Nissan getting their Versa and Yaris finalized. And, GM was thinking bigger is better?
Toyota, Honda and Nissan already well positioned to offer small fuel efficient well equipped and "desirable" cars if US gas taxes were to start climbing toward European model. GM is lagging behind.
However, saying that he does own 9.9% and they are basically prohibiting him from buying more of GM. I don't find that right or ethical, even though I'm glad it's happening to him for GM's sake. The guy reminds me of Hitler in his final days. Desperate !!!! He knows the big man upstairs could take him anytime, and for some odd reason he wants to leave his mark in history. He is a strong-armned man. A bulley some would say.
I personally think a GM-Ford Merge would be easier on GM IMHO. They both compete to much with each other and could channel their energy's on Toyota, etc to regain there glory. A Nissan-Renault merger would yes yield some benefits but I think the culture difference would be a hard task to overcome. Again IMHO.
Rocky
As far as opening the valves is concerned, the camshaft/pushrods can easily be designed to do that.
Three years ago GM was already selling the Aveo in this country. The Fit/Versa/Yaris are just getting here. So yes the transplants were getting ready to export those models while GM already was. Good Point.
I am thinking Nissan-Renault would be very interested in GM's new dual-hybrid system, as well as its DOD technology for larger engines. Meanwhile, GM could get its vehicles onto common platforms using common parts, and perhaps get tips for streamlining their production too. These two parties DO have things they could offer each other, and ways in which they could cooperate in future for both sides' benefit.
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Is GM thinking still behind the times? Three years ago, Honda was probably getting ready for Fit and Toyota and Nissan getting their Versa and Yaris finalized. And, GM was thinking bigger is better?
I do not follow on three points:
First, the quote you have says GM is thinking about going down, not up.
Second, while GM is planning an even smaller Hummer, (probably will be the H4) it is also planning the plant that will make the Corsa in North America and bringing the Torrance - a small rwd 4 cylinder sedan (which I believe will be the only 4 cyl. hard top rwd in North America) here as a Pontiac.
Saturn Astra is on the way. (Next generation, Astra and Cobalt will be the same car) The next generation Aveo is already being processed as well.
Just as Toyota and Nissan continue to make trucks - and Toyota just launched that retro LandCruiser thing - GM cannot afford to give away Hummer's market. But it is working on smaller options as well.
Finally, the dual phase hybrid trucks and large sedans are on the way. First dual phase trucks start shipping later this year.
Rocky
But 3 or so years ago GM was also selling a small car, the Aveo, that had no or little competition. So about 3 years ago the competition decided that they should also enter the sub-compact market and prepared the Fit/Yaris/Versa for export into the US to compete with the already selling Aveo. Those 3 vehicles are now just hitting our shores.
So what was GM thinking!!! They developed the best gas efficient large trucks to keep their lead on the new Toyota/Nissan trucks AND they redesigned the Aveo.
Rocky
GM is already on the road to streamlining platforms throughout the world. No need for Nissan to come in and help. Plants are almost as efficient as the transplants but their is still a little problem-Union work rules.
Sorry I just do not see much for Nissan to offer.
I can understand that fear (even though, IMO, I don't think 'one-world' government is REALLY what you fear...)
I just don't think it'll happen because Toyota/Honda/etc. invests in the U.S. anymore than it'll happen because GM invests in China.
rorr, what do you think I fear then ?
Rocky
Rocky
As far as Honda goes, traditionally the Civic was their 'subcompact'. However, to meet American tastes better the Civic grew with each generation, until it no longer fit that segment. So Honda brought over the Fit to meet the segment the Civic used to be in.
And Toyota has always had a car in that market. It used to be the Tercel, and then the Echo. Now it's the Yaris. If you want to interpret Toyota's decision to bring the Yaris over to compete with the Aveo, terrific. Another interpretation would be that the Yaris is simply replacing the Echo (which, in all honesty, NEEDED replacement).
BTW - GM redesigned the Aveo? I thought the Aveo was ENTIRELY a Daewoo of Korea effort and GM was simply purchasing rebadged versions for the American market? I'd honestly like to know how much GM design/engineering effort went into the Aveo... :confuse:
Here is the power curves for the up coming crossover 3.6: http://media.gm.com/us/powertrain/en/product_services/2007/HPT%20Library/HFV6/20- - - 07_36L_LY7_Acadia.pdf
Some comments were made yesterday about the 3.6 power output. Note that this engine is not the direct injection version. Add 15% to this power output and what do you have? MOre than 300?
When GM and Suzuki bought the Daewoo assets that became GM DAT, I believe the Aveo design as we now know it was substantially complete. GM did some design work on the initial car, then did more on the sedan redesign available this year.
The next Aveo - which I believe comes out in 08, will be a ground to completion GM design (of course by the engineers at GM DAT with some Opel, Holden and NA input as well).
My opinion, sitting here 400 miles away?
Foreign labor, foreign governments, and foreign business; top 3 and not necessarily in that order.
Not good for what? 1500 rpm is only 7.5% of the F20C's operating range.
However, the next generation arriving (next year?) as an '08 would be a GM design. It'll be interesting to see how that car competes with the Fit/Versa/Yaris.
That's a huge improvement over the 3800 engine. Loads of torque and enough power to move quickly.
The new Corsa is among the best of the lot of the subs. It would sell for more than the Aveo, but be worth every dime.
The problem is the folks at Opel never bothered to talk to the US engineers. Making the current new Corsa US legal would make it not profitable.
Lutz says the next version, which is three years away, will even be made in NA. The biz rags are speculating Mexico. I'm not so sure. GM will have a lot of capacity in Spring Hill then.
Rocky
It's a shame that Opel can design such car and no plans made whatsoever to bring it across to the U.S. Is the concept of a slightly upscale subcompact THAT alien to GM thinking? People driving a subcompact don't what to think it's a penalty box...
What ?
Foreign labor, foreign governments, and foreign business; top 3 and not necessarily in that order.
Well, In my eyes I'm seeing all that you just listed ruin our politics and way of life. I like my independence.
Rocky
I think GM's engine designs in general try to get better torque at lower engine speeds rather than to go for the highest possible horsepower rating. If GM were to design for higher speed torque, with a lower low speed torque, they could boost the horsepower ratings. For example, the high horsepower northstar:
http://media.gm.com/us/powertrain/en/product_services/2007/HPT%20Library/Premium- - %20V/2007_46L_L37_Cadillac_DTS.pdf
The general purpose northstar:
http://media.gm.com/us/powertrain/en/product_services/2007/HPT%20Library/Premium- - %20V/2007_46L_LD8_DTS.pdf
Note the difference in lowend torque. The high performance northstar comes with a high performance axle ratio, otherwise the base engine would out perform it. The high performance axle reduces highway MPGs from 26 to 24. With the high performance axle, the base northstar also is rated 24 (Pontiac Bonneville).
"What ?"
I was taking a wild guess about how far it was from Cedar Park up to Dumas. Boy, was I way off. It's actually closer to 535 miles (by road) from here in central Texas up to your neck of the woods.
In all honesty, I don't think anything foreign has anything to do with 'ruining' our politics.....and (unfortunately) one's perception of their own 'way of life' tends to be tied very closely to their politics. It's amazing how well one's 'way of life' is going is tied to whether or not 'their' party is currently in the WH. Of course, those tendencies apply to people of ALL political stripe....
"I like my independence." Okay, I'm going to get real cynical now....
Do you? Do you really? Then why identify with Unions (which do everything in their power to quash 'independence'), Government healthcare, and protectionist policies? Each of these things (and I've but barely scratched the surface) scream 'DEPENDENT'......
-Loren
And breaking a timing belt results in engine damage ONLY if it is an 'interference' design. From what I understand, most Honda engines ARE interference design (valves can hit the piston if the belt breaks); Toyota engines are NOT (valves can't hit the piston even if the belt breaks.
I know the timing belt broke on my mom's old Supra and there was no engine damage at all.
-Loren
-Loren
Is it because Ghosn wants an answer ASAP? What successful businessman doesn't want everything RIGHT NOW? Its an attitude of the trade.
I wish more details were publicly available (but of course I understand why they wouldn't be). I'd like to know why GM would be adverse to making/saving money. Does it really matter who makes more? That seems silly to me. "No, no, I don't want to split the lottery ticket with you because you'd take a bigger cut. We should then just throw it in the fireplace instead."
If they can do better with someone else, that's great and that's what they should do. But if it comes down to Nissan or nothing, they should take what they can get.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
The New Stang has a prop rod to keep the hood open, and an ad on the gas cap to use BP gas.... not exactly classy all around.
-Loren
early '80s: chrysler / dodge has a huge quality issue. the public perception is that they are indeed the poorest quality cars made. and for good reason btw, i had one. trust me. Solution?.....well, the long term solution is an easy one, build better cars. The problem is, that will take years and a more short term solution is needed. The answer?....increase perceived quality by incorperating a cheap, but long term warranty into the cost of the cars.....the famous dodge 7yr / 70,000 mile warraty was the result. The crazy thing is, this was the most effective move that company ever did. it was a stroke of genius. increase perceived quality until actual quality could catch up.
fast forward to modern day. the companies with the bogus long term warranties are the same that have huge quality issues, be they perceived or real. in recent years, i think the only thing mitsubishi has advertised is their warranty. i dont know if this ploy has worked for them or not, but their reputation is still pretty bad. hyundai and kia have had very poor quality reputations and have rediculous resale values, just like the mitsubishis. their short term answer for the problem is the same. a bogus long term warranty. i have no hard facts, but this warranty coupled with their practice of financing anyone for anything would probably yield some short term success. at least, i dont think people laugh nearly as hard at you now as they would a couple years ago if you are driving a hyundai.
the reverse is also tru of corse. honda has great perceived quality, though i personally am not a fan of their engines. no need for an extended warranty in thier case. people think they have great quality anyway. the same is also true of toyota.
the point is, companies do not introduce long term warranties because they know their products are great and wont need them. they do it when they have to to address a concern, founded or not, in the marketplace to stay competitive.
as for the hyundai warranty you quoted, i have never worked for hyundai, but i can tell you that i know several people who have for a long time. they make jokes about it. maybe one day you'll find out what they're laughing about.
Okay, let me rephrase the question; How many new plants have GM & Ford built in Mexico and elsewhere to build cars for sale here? The following from the Detroit free press on March 31, about GM's palns for a new plant in Mexico:
"I guess they're awfully cautious to make sure that nobody in the UAW feels hurt by this decision. That's the reason they've kept a low profile on the news release."
GM imports several top-selling vehicles, including the Chevrolet HHR small car and Buick Rendezvous SUV, from Mexico. GM builds some Chevrolet Silverado pickups and Chevrolet Suburban and GMC Yukon XL large SUVs in Mexico as well as the United States.
Ford builds a lot of the cars it sells here in Mexico as well, with more to come at the expense of American jobs (Detroit Free Press, June 16):
In January, Ford announced its Way Forward turnaround plan for North America, a plan that included 14 plant closures, 34,000 job cuts and other measures, such as a new low-cost plant for an unnamed location. The internal proposal -- dated April 3 -- obtained by the Free Press and WDIV-TV Local 4 suggests that new plant, as well as a lot of other investments, will go to Mexico, a country where labor and parts are less expensive.
Or are you saying from Japanese and Korean perspectives, the transplants in North America are bad. And if this is so, shouldn't you be against them? I mean Japanese and Koreans are people too.
HUH???!!!??? How in the world did you come up with that? I think it was quite clear that I said I supported any automaker that was building their cars HERE, instead of somewhere else. Yes, they are nice people, but I care more about people here in America having jobs, than I do about Japanese having them. DON'T YOU? I understand some of you guys work for GM & Ford, and are cheering for the "team"... But face it, the "team" is selling you down the river in the name of corporate profits. :mad: