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Comments
-Rocky :sick:
-Rocky
No one wants to sacrifice their job to give you a job at a large, impersonal factory with engineering on-work-site like at Boeing. You get a pink slip and you're a hot potato, they avoid you like the plague. And SPEEA, our "union", did diddly-squat for you once you have received a pink slip. Because the Company has the right to do just that, decide their own workforce personnel numbers. My original point is that Boeing jumped the gun on a lot of us way ahead of any kind of economic crisis that might've been starting to rear it's ugly head. I will not return to that zoo, ever again. Never.
GM was living in a dream world with their situation, however. They still had to try and reach and stretch and keep all of their Jobs Bank buddies, golfing friends and the like employed. They should have been cutting back on UAW members at least 5 years ago but probably 10 years ago. Or broke the Union. Once again, do you hear how that sounds, though?
2021 Kia Soul LX 6-speed stick
-Rocky
-Rocky
-As of now we no longer sell Saturns, GMCs or Hummers, period. Pontiac will evolve into a car within 5 years, not a nameplate.
-The UAW has to dismantle, if you don't like it go on strike. We are not selling cars for you to build as it is.
-With the authority of the President, all bonds have been converted to stocks. If you don't like it sue us.
-Quality is our first priority. I recommend that every GM employee drive a Lexus. That is the standard for our cars.
-The Volt is canceled and all Malibus will be sold with a 6sp Auto. Period.
P.S. GM should change its its name to Chevrolet Motors. You cant buy a GM car. A fresh start.
2021 Kia Soul LX 6-speed stick
http://money.cnn.com/2008/07/15/news/companies/taylor_gm.fortune/index.htm?sourc- e=yahoo_quote
The Volt will lose money through its production life. Not to toot a foreign brand, but doesn't the new Insight make a lot more sense than the Volt?
2021 Kia Soul LX 6-speed stick
-Rocky
P.S. This is a terrible day for me!
At least your Dad sounds like a smart guy.
I'm sure Rick wanted to hang on. I suspect the white house called Rick/The GM Board and said "Rick, GM has not been aggressive enough. The only way GM is going to get more loans is if you are gone and we put somebody in there who can turn this around".
I mean, really. GM had 3 months to put an aggressive plan together for its SURVIVIAL and "they haven't met all the March 31 conditions yet"? :confuse: :mad:
When your company's survival is on the line, how can you not take aggressive action?
Saturn should be a memory. The UAW and Bondholders should have been cowering with fear.
How about "rework" the Volt for a lower price point?
Rocky, hopefully in 2 years when you are rich selling Hyundais ( :P ) you will be able to look back and agree that it was good to get rid of Wagoner. He really wasn't earning his salary and GM was moving at a snail's pace to improve. The market demands action NOW! Obama is no dummy and he is taking quick action. He is at least trying to protect the taxpayer's money with some hope of salvation for GM. Another bailout with Wagoner at the helm was a LOSING proposition. Perhaps now there is a chance.
We've heard nothing about Chrysler. I wonder if Nardelli is going or if Obama is just going to let Chrysler fail.
-Rocky
Doesn't GM have diesel technology sitting on the shelves. Couldn't they make a 40+mp turbo diesel Malibu and Cruz right now?
But I couldn't see the TV in the living room, only heard it, and this dufus-type voice was talking. My son was watching the hearings, half asleep. I asked him who that was talking. He didn't respond. I turned the corner and saw it was Rick Wagoner, CEO of GM, trying to explain what the *#%^ GM was up to the last 20 years. For crying out loud, no wonder they're failing. He sounded like a bad, Texas high-school football coach on some big-boy quaaludes. Get a real grip, GM, I mean, full sentences seemed to be a challenge for him before Congress that day. Point being, that was a big day! The U.S. and the rest of the world was watching as Rick tried to get the words out that GM has the Volt. The $40,000 Volt will save their aging hides. Right.
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Agreed. Probably a nice guy to have as a neighbor. Probably good for the UAW. It's not going to be so pretty now--- but GM's chances to survive just improved.
Since Ford seems to be doing OK, I hope they still let Mullay fly in Air Ford One. :shades:
Wagoner has been credited by auto industry analysts with doing more to restructure the giant, bureaucratic automaker than any other executive. But given that he has been at GM's helm for so long, many of his critics say he moved far too slowly to take on the United Auto Workers and shrink the company as its market share tumbled.
While GM has improved its cars in the last two years, critics say the company relied for too long on sales of pickup trucks and sport utility vehicles for its profits and was unprepared for a drastic market shift when gasoline prices hit $4 per gallon last year.
During the Congressional debate over whether to give GM and Chrysler loans last year, many lawmakers criticized Wagoner, including Sen. Chris Dodd, D-Conn., chairman of the Banking Committee.
He accused automakers' top management of having a "head-in-the-sand" approach to problems and said Wagoner "has to move on" as part of a government-run restructuring that should be a condition of financial life support for the auto industry.
That quote could've been cut and pasted right outta this here Edmunds thread, eh?
2021 Kia Soul LX 6-speed stick
I really liked Rock Hudson, look what he turned out to be. Wagoner did not make a decent profit for GM in his entire tenure. That should say it ALL. He made the mess with FIAT. He sold control of the only money maker GM had in its GMAC finance. That in itself has cost a ton of sales the last year. What has Wagoner done for GM? He makes Roger Smith seem like a great CEO. Have they had a decent CEO over the last 50 years. I don't think so.
Just think, Lee Iacocca and Chrysler paid back the Fed.'s the money they owed them, in 1985. Imagine that.
2021 Kia Soul LX 6-speed stick
Maybe you need to get out of the People's Republic of Cambridge more often.
Have fun selling Hyundais. Maybe you will make some money.
And the NFL does have a level playing field, but that has only led them to a around three wins a year. GM might be bad but not as bad as the Lions.
The Canadian Prime Minister just on TV this morning said he will not allow GM Canada or Chrysler Canada to fail. Too much of their economy would be at stake. They also have had NO bank failures. I guess greed, self interest, and lack of home team support don't run as deep up there.
Canadian tax payers can give GM all the money they want.
So now they build better cars at a larger than ever loss. Who does this suprise? They have at least decided to put more quality and content into cars even though it means bigger losses. They have entered the game of selling vehicles in times of high fuel costs. They are not immediately the best at it? Again, who does this not suprise?
They will be taken over by the Gov't. The retirees will lose their medical to be replaced by some universal health care like America's poor now get. I doubt they will be poor enough to qualify for it, but if they had to buy it they would be poor enough after, to qualify for it. The gov't guarantees all pensions up to $64k per year so the gov't will take that responsibility away from GM. Then they will be able to turn a profit at selling cars, and make some reduced pay in to pensions and some reduced pay back to taxpayers. Union wages will be under pressure to be compared to gov't wages and therefore probably cut.
Yep. One problem. unless they licence technology from someone else, it would cost them money they don't have to design emissions equiptment to meet our strict diesel emissions standards.
While they may sell every one they make here, the Germans aren't exactly making money hand over fist selling diesels here.
WINDSOR -- The impasse between the CAW and Chrysler LLC over reducing the company's Canadian labour costs was expected to last the rest of the weekend, the union said Saturday.
No negotiations were scheduled and no progress in bargaining was expected while the CAW's leadership takes time to explain the situation to its 8,000 Chrysler members during meetings in Brampton, Ont. and Windsor Saturday and Sunday.
Buhahahahahahahahahahahahahahahahahahaahhahahahah!!!!!!!!!!!!!!!!!!!!!!!
2018 430i Gran Coupe
Chalk that up to poor engineering. UAW just put together the crap GM designed.
The trouble in Canada is nobody is spending like they use to, because of all the bad media. Car sales were down when this all started, but with the deals that are being given has changed that in the last couple months. House sales are down, but I don't think people are losing their houses like they are in some areas in the States. The tax payers don't want to give GM any money, because they drive Corollas and Civics for better gas mileage, which are built in Ontario.
Their PM also said that their 25% total corporate income tax rate is the lowest in the G20 and that has helped bring industry to Canada.
That part is good. It is there personal income tax that is killer. And the people get little for it. Healthcare that has waiting lists as long as your arm for treatments. No thanks.
Regards,
OW
Every day things like gas, smokes, booze and some foods are taxed so high that it makes it hard for some to make ends meet. That's why they love Wally Mart so much.
Their Health care is a lot better then you may think. If you have a serious problem to be looked after, most times you are in and out fast. Hip replacements and some other surgeries you have a waiting list. I guess this is the price you pay when it's free.
You should not be ashamed to work for an import company...frankly, anyone in your family who was down on you for TRYING TO MAKE A LIVING, is no family member you need anymore...don't hand me this UAW family loyalty crap...you have bills to pay (I assume you do) and sitting in a GM dealership selling nothing does not prove loyalty, it proves stupidity...if they can't see that selling GM makes you NO MONEY, then they ought to have a little brains to understand that you MUST go where the money is...if they don't have that little bit of brains to understand that, then you have made my case about the intelligence level of the UAW, because you gotta make a living...
I'd bet almost anybody here wants to see a US manufacturing base. The difference is that some of us see the UAW as destroying it, others see UAW as good for it.
Umm...last time I checked you pay in to U.I. at your place of employment. Your employer takes some money to cover his portion of U.I. out of your paycheck. Correct me if I'm wrong on that.
But these are desperate times, normal measures won't put meatballs and sauce on the table. I believe that a person deserves U.I. when they need it and shouldn't hesitate for even a NY minute to take same, eh?
rock's belief pounded in to him from his family that UAW membership, GM rules the roost, etc., come what may, is fine, but these are not fine times. One must adapt, fight, struggle, to keep alive. We are in those times.
I tell ya, I lost my Boeing job in Mar.of 1982. I had a wife and an almost-two year old son to support. That is tough, because no one wanted an out-of-work Production Illustrator from Boeing around Seattle in the spring of '82. And, if they did, I'd make about one-half of what Boeing was paying me when laid off.
That was my 1st Boeing layoff. The second would come in May of 2003. These times we're in right now remind me of 1982. After a 3 1/2 year break away, starting in Mar. '82, I came back to Boeing. I didn't hesitate one second to collect my U.I. bene's though, in 1982. I found work about two months later, IIRC. But I wouldn't get back to Boeing again in that same job until Nov. of 1985.
I was laid off in 1982 the same day John Belushi died, friends.
2021 Kia Soul LX 6-speed stick
Just got off the phone with her a little bit ago and if that Traverse, goes tomorrow like she thinks well that will be #18 for her. She is confident she can get to 20 which would give her another bonus. Yes she has great clevage and can be a flirt to stroke middle aged mens ego's to seal the deals. I don't have the female selling tools needed Marsha7.
I don't know how well Hyundai's are selling around here? There is only 5 dealerships within 70 miles of my home. Hell there is like 8 or more Chevy dealers within 30 miles of my home. It will be most interesting to see what happens with the Big 3 & UAW with regards to Obama. Obama, wants Chrysler to merge with another company if they want to survive. Will they join with Fiat? Is the end near with domestic automobile production. Is Chapter 11 around the corner and millions more stand in the unemployment line from job losses because no will buy a car from a bankrupt Detroit, automobile industry??? Obama, might of sealed is fate as a one term president after today. GM, should of made diesel cars and trucks but when you have a EPA with such tight restrictions would the investment been worth it? The sheeple have been sold a bill of goods regarding hybrid cars as it causes more pollution to create a battery than would be saved by a gas or diesel engine.
I think you can chalk me up for a non-Obama, vote next election. :mad: :mad: :mad: :mad: Hillary, would be light years better than what we got now. I am removing Barry, from my Myspace friends tonight because of what he is doing to Wagoner. :mad: :mad: :mad:
This Homie, isn't playing that!!! :mad:
-Rocky