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Comments
The turbo one has a lot of torque steer, it pulls to the left hard. They are a fun car to drive, and good value as well.
We have them here now.
The RDX and MDX are made here. Kinda hard to read the data sheet that I have
And you guys won't even buy our wheat, but you import food from China? Crazy.
-Rocky
Check your data sheet please for that info.
-Rocky
What like a premium Saturn?
Rocky
-Rocky
ps--I'm not really married to the G8's styling, but at least it looks like a new model.
-Rocky
Wash your mouth out young man.
I am upset over the importation of automobiles from Australia
Get down on your knees young man and beg forgivness for that comment.
You will be truly blessed once you get your bum behind the wheel of the noble carriage that will be the V8 G8.
Remember, G8 is sms slang for Great!
What do you think of that firebird/Camero-rebadge?
It's true 65% of the parts are mostly american and some canadian made. Is their something wrong with that ?
Get down on your knees young man and beg forgivness for that comment.
holdenguy, I think you need to ease up on the Foster's mate. :P
You will be truly blessed once you get your bum behind the wheel of the noble carriage that will be the V8 G8.
As it sits now with only 362 hp. and the weight of the G8, it's a bit to slow for my taste. 502 hp that's a little better. I'd rather drive a CTS which meets the G8 in aceleration and matchs it in handling and it gets 30+ mpg in 6th gear.
Remember, G8 is sms slang for Great!
They will be fine sport's sedans. Miles better than the Grand Prix, but until they bring the HSV model over I will pass and they need to fix the snout.
Rocky
Incredible. Did this really go on at GM? Where was management?
Remember people in past would say they hoped that the new American brand auto that they ordered was not assembled on a Monday or a Friday or before a holiday.
Reminds me of an old, old British movie probably made in the 60's with comedian Terry Thomas. It was about union people goofing off on the job in a factory, continuously bringing up petty stupid issues with management, work stoppages for the most inane reason, etc. Don't know how much of the movie script reflected actual conditions. But, didn't unions help bring down British industries?
Lenovo laptop supposedly is good quality. Technology was purchased by Chinese company from IBM. Mr Coffee coffemaker we have is made in China and does very good job. Recall getting it on special sale at Target for about $15. How much would it have cost me if it were made by a UAW worker?
If GM starts importing Chinese Buicks to US, I have to believe that GM management and engineers would have closely scrutinized all processes and outputs and results to make sure that end product of car is equal or better to what is produced in US, Mexico or Canada. Guess we would have to trust GM on this.
I think you will be pleased with the mpg the V8 G8 will get, anyway, your petrol is cheap, so don't worry about it.
holdenguy, I think you need to ease up on the Foster's mate.
Bundyberg Rum is my poison of choice.
It's true 65% of the parts are mostly american and some canadian made. Is their something wrong with that ?
This warrants further investigation, I'll look into it.
Meanwhile, say seven Hail Mary's and watch Clarkson from TopGear driving a Monaro for 3 hours.
Loren
I don't know how Canada collects their taxes, but like you said, no free ride. Since the workers are paying Canadian taxes, wouldn't they be paying most of it themselves? But that is only a guess. It must save GM some money, and the cars are built well. Oh, and they sell there too.
Loren
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Well, I'm not sure that "What's good for General Motors is good for America"
Let's see how Canadians say that Canada is doing:
"Canadians spend more on taxes than on food"
The average Canadian family earned $63,000 in 2006, with nearly 45 per cent of that going to taxes.
Just over 35 per cent was spent on food, clothing and housing.
"Access to a waiting list is not access to health care"
One [Canadian] Supreme Court decision may have done more to change health care in Canada than three major reports and a first ministers conference that ended with a $41-billion infusion into the system.
On June 9, 2005, the high court struck down a Quebec law that prohibited people from buying private health insurance to cover procedures already offered by the public system.
"Access to a waiting list is not access to health care," two of the justices wrote in their decision.
I do not think that we should be discussing National Heath Care here, but I do think that in the context of Rockylee's advocation for this as a help for GM, it's necessary to point out a few things:
a. National Health Care isn't going to save a lot of money for the middle class. It'll simply change where the money goes - instead of paying the insurance company, you'll pay for your health care through taxes.
(1). If it is said to be cheaper, it is unrealistic to expect that a healthcare system that costs less will provide the same level of care.
b. In relationship to GM, one should be wary of the potential unintended consequences. As a middle class guy, my net income is likely to go down if taxes are increased to pay for the UAW's and other workers health care. That means I'll have less disposable income. Of such situations are recessions born, or at least declining sales of heavy appliances and cars.
Not sure what you are getting at but EPS II is supposed to be FWD and AWD. This will be the next LaCrosse, malibu, Aura and the Saabs.
Management (foremans) in the plants were very aware. They were just happy back then to get the work out of them. Remember they worked 3 hours to get the output that the union had agreed to for 8 hours. So they met quota and the the Plant manager was happy. Quality? Oh well. I still remember the old guy pushing me aside and throwing L6 cranks on the inspection machine and moving a mile a minute. Did they meet spec? No but the worst were caught.
BUT it is different today. Quality is wanted by both sides and the issue I was talking about today was the skilled trades (and my relatives are skilled trades). They know it has to change but others still want to have skilled electricians there to change light bulbs.
Absolutely correct. All they needed to do was make it left hand steering and put "Pontiac" everywhere it says "Holden."
Chinese built auto parts have been coming over here for years and are used in all the OEM's vehicles.
Almost everything sold in this country is made in China and no one cares.
This is going to sound harsh but I don't mean it facetiously. Many studies have shown that trying to time the market is a fool's game. Very few people can beat market indexes over long periods of time. I'm surprised that GM's pension managers would be trying market timing. Perhaps that says something about the quality level and competence of the staff. Competence has been a problem at GM in the past in their approaches to strategic business decisions.
Perhaps the pension managers are another symptom of the BIGGER issue - why has GM had such poor abilities to make intelligent decisions? Who are they putting in these roles? Somebody (maybe an awful lot) of the management are not earning their keep in keeping the company healthy. It's been that way for far too long.
I hope they are the right stocks in that pension fund, to weather a downturn, or two yet to happen this year, or they did go mainly into cash.
Better to be shy by a percent or two, than the take a good seven to ten percent dump within a few days or weeks. A money market smaller gain for pension funds may look pretty good in the next days, or months. I doubt if buy and hold is working at all this decade. And yes, you should beat the market averages most years being in and out at the right time. If not, get out of the game.
Loren
last year.sorry that was in 2005 Earned 13%. Greatly out earned the market. Perhaps they are not so imcompetent? The pension plan is now over funded for the future and they felt they should take their gains and be conservative. I completely agree with market timing but I lost millions when the dot coms collapsed because I did not pull out, even when I knew things could not go on. Just too greedy I guess.http://money.cnn.com/2006/04/17/news/companies/gm_loomis_fortune/index.htm
For 2006 they made $9.6 billion and are now $17.1 Billion overfunded.
http://www.washingtonpost.com/wp-dyn/content/article/2007/04/09/AR2007040901262.- - html
“How could some young guy be satisfied driving a Chevy Aveo ????/”
Well if the AVEO had better fuel economy he could be satisfied driving a car that was as eviromentaly friendly as possible. Not all car buys are men. A women could be happy with a reliable new car instead of a worrisome used car. A person could be happy to take what little cash they have and get something new in the color they like instead of scrounging for a reputable used car. And mind you a used corolla isn’t that cheap. It would need to be about two years old or driven rather hard before it is around the price of a fully loaded AVEO. There are a lot of reason to buy a sub-compact or compact car. Fuel efficency, easy parking low cost.
‘I would spend my money on a Carolla and get more power and better fuel economy not to mention a better made car. ‘ The Corrolla is dull and this is from someone who likes Toyota better than GM any day. I haved liked other versons of the Corrolla but the current gereration only looks good with the S option and I am mild about the interior. Also why should people have to spend more money to get a better made car? ALL of a companies cars from the smallest to the largest should be well made. The small little sub-compact doesn’t have to be sporty or have lots of power but it should do it’s job of well. This hurts GM big time because while buick and Cadalic earn better reliablity than Toyota, Chevy isn’t.
The kid who bought the GM subcompact and had a bad experience is not likely to go an upgrade to something bigger and nicer from GM. They are going to go beep GM and the domestics. I know that is how I feel about Ford. If my mom’s 88 tempo had not had a Freon leak that was never fixed, despite numerous attempts. I might have a nice opinion on Ford. Instead every time I hear the name Ford, I think of the Escort that had a flaw that would have caused the engine to burst into flames. And even worse, I think about that beeping tempo with the airconditioner that was out of Freon every summer(not counting the times when it ran out before the end of summer). Needless to say after roasting multiple times with no air, not counting breakdowns, and minor annoyances of that car, I have developed a real hate towards Ford and will never own one in my life.
The AVEO, is a worthless POS IMHO and I don't understand who is buying these cars ???? I only know one owner and he's a co-worker.
If GM wants to have a chance of coming back and dominating the car market like it once did, this had better not be true. People remember their first cars, and I suspect that most people who buy used cars are less brand loyal than thoose who buy new. If the Aveo isn’t cheap and reliable then why should these young buyers trust GM when they are about to buy something bigger?
As for why. Well some people seem to buy the AVEO because it is GM (like you would if it were larger and made in the USA) and for no reason what so ever. Others might like it’s styling better. Or got a good deal.
Loren
Chevrolet Impala, Pontiac G6 and Saturn Aura Contribute To 15 Percent Retail Sales Increase On An Adjusted Basis For Mid-Car Segment; Aveo Drives Economy Car Segment Retail Sales Up 27 Percent On An Adjusted Basis
GMC Acadia and Saturn Outlook Fuel Significant Retail Increase In Mid-Utility Crossover Sales
Toyota dropped 4.3%.
Toyota's U.S. unit today reported an April sales decline of 4.3 percent compared to a year ago, despite double-digit gains by its RAV4 compact SUV.
Toyota Motor Sales U.S.A. Inc. sold 210,457 vehicles overall in the month, down from 219,965 in April 2006. The company's Lexus unit recorded its best-ever April, Toyota said, selling 16,317
James Surowiecki had a great column not too long ago where he quoted some research which found that 95% of the S&Ps gains in a decade occurred on something like 0.5% of the trading days (note: I am making those figures up, but they were something similarly eye-popping).
The vast majority of people simply aren't equipped to successfully pop in and out of the market. Lots of the pros can't do it, either.
http://articles.moneycentral.msn.com/Taxes/Advice/YourRealTaxRate40.aspx
I would assume that if the US went to some form of universal health care coverage, we could expect our overall marginal tax rate to inch closer to 45% while we'd spend less on health care.
Incidentally, surveys show that a majority of Americans support universal care, even Republicans, and that they would not mind assuming a greater tax burden to provide for it.
What is the best Toyota Carolla generation for power, fuel, economy, build quality if you are a expert on them. I'm gonna be looking for a good used work car and this one keeps lighting up in my brain.
Rocky
Of course, conceptually. So when is the next correction? The problem is that nobody can reliably predict when this will occur. Many who jump out of the market miss the relatively few periods of large increases. For each person who times the market correctly, many more do it wrong. Those who do it once can rarely do it on an repeat basis. Countless studies have demonstrated this is the case. The entire financial industry (some have called it "financial porn") is built around convincing people that expertise will get them a better return due to clever picking.
See a few links:
http://www.axaonline.com/rs/3p/sp/5017.html
http://www.theskilledinvestor.com/wp/archives/40
http://www.investorsolutions.com/v2content/book/ch24/ch24.cfm
One quote:
Traditional attempts to add value through management are almost impossible. Today, the weight of the evidence indicates that managers are unable to add value through either market timing or individual stock selection. In fact, attempts to actively manage equity portfolios have reliably increased both cost and risk (variability of returns) while lowering average returns!
OK, enough of the off topic items, I'll let it rest. I do think GM's recent product offensive is mostly in the right directions, and I do hope it works!
I'd call that rebalancing, not the same as market timing. :P
K.I.T.T. :shades:
-Rocky
-Rocky
What I was getting at pal, is that I believe Saab, can become successful if they take a page out of the Volvo/Audi playbook. The question was asked earlier if Saab, could continue to get a way with selling FWD luxury sport sedans ?
I think id they make their high-end models with AWD w/ 4WS they might just have enough distinguishment to steal sales from other car makers not to mention create a standard in the process. I'd love to see Saab, become a success as I would consider buying one if they were cool enough and performed very well and of course offered lots of gadgets and exceeded everyone in safety.
-Rocky
-Rocky
If it does that may be cool. :shades:
Also, I'd like to see SAAB go in the direction of the Aero X concept: small displacement+turbo=fast (2.8L twin turbo V6 capable of 400hp) AND in styling. Maybe all AWD b/c I'm still weary bout that AWD.
Cadillac could focus on replicating the Sixteen Concept.
Hummer alrealdy has a very strong brand image.
Buick I would like to continue with the Enclave/GMI Lineup direction.
Pontiac :confuse: I'm okay with the G8 in the front (unlike everyone here) but I hate the back.
Saturn's just going to be Opel's and that's nice. So eventually the brand should follow the direction of the GT-C(?) concept.
GMC I really want to see differentiated from Chevy; either more upscale (Denali models only) or work trucks (no heavy duty for Chevy, GMC only).
Chevy...
I really like the volt's bold styling. I know the new malibu has that double grill thing going on too, but somehow the volt looks much crisper. I think that Volt body should be lifted and dropped on the next cobalt and have the new Impala follow that direction.
I think I'd like to have all those cars from the GMI line-up.
The rest of your line-up I like also
-Rocky
Considering those people losing their homes, it is any wonder that car sales are as good as they have been. Perhaps the repo man will come visiting next. Should be interesting to see how the housing and overall US economy is doing between now and the end of Summer. So far, so good.
It is pretty hard to predict how much of a correction is ahead, and if it is the big one, or if the third correction of the year is the big one. Anything like the NASDAQ worst correction ever, and we all may throw in the towel. That was amazing indeed. Always wondered about why a company was worth money when it made no money, yet had a .dot com in the name. :surprise:
Guess that is why buying quality is the best policy, for the long haul.
The vast majority of people have not taken any time to learn about investing, and should not be in the Markets. And most of those funds people buy seem to make the fund managers rich and the people, well I suppose they make a little. I would say only a few funds impress. Actually, most do less than buying the Market.
As for the pros managing a lot of money, they are saddled with a lot of money to move around, and thus, like the GM money managers, it is hard for them to get in and out without their action swinging the price. They have it pretty tough. If they did 13% gain in 2005, that ain't so bad. Trying to sell a 100 shares of MSFT say, compared to 10,000 is a bit harder to do without the price dropping. Well I don't know the volume, nor follow MSFT, but ya get the point.