Gm still is Government Motors

[diesel96]

Translation: Cheryl, i dont like other peoples opinions that dont match my Lefty liberal one...please make them stop. I dont want anyone to hear the truth...just the MSM lies and my hero Chris Mathews and the Messiah. Please make them stop....waaaaaaaa!!! Waaaaaaa!!!!!

"Hear Ye" "Hear Ye"...The record clearly shows, who the BC's Town Crier is ringing his handbell for public attention in the form of useless threads...

 

[brett636]

Here’s something just knawing at ya.... a government success story.
Here’s something even more new.... a success story out of Detroit.

Your right, its called the Ford Motor Company.

It was only a year ago, remember, Obama made the tough decision to bail out America’s auto industry ... a decision for which he was pummeled by everybody.
But now the whole world knows, except right wing Obama haters, he did the right thing.

And look what that got us. A new government organization called GM which is now short for government motors.

Not only that, GM announced it was re-opening several closed plants, re-hiring laid-off workers, and rolling out several new models. Including the electric VOLT, which will hit show rooms this October, a year ahead of schedule.

You can do that when turning a profit no longer matters. Thats how the government operates with persistant deficits ruining future generations opportunities to live like we do today. Its also interesting you mentioned the Volt as its MSRP is going to be over $40k. This coming from a company that still can't hold a candle to the hybrid sales of its competitors like Honda and Toyota. I predict its going to be a flop and will be taken out of production in a couple years. Of course this is assuming turning a profit starts to become important to GM in the near future, but that is becoming highly unlikely.

For GM, for President Obama, for workers, and for the American public, this is a huge victory – and further proof that the American economy is on its way back.
Time to admit you naysayers were dead-wrong. Say it loud and clear: No doubt about it, the auto industry bail-out worked!
That’s my parting shot for today.

Its not a victory, its a burden. A burden to all tax paying Americans, a burden to future taxpayers, and a burden to the auto industry which would have been able to fill the hole left by GM overtime.

 

[1989]

Just how "clean" is the volt? How much coal does it take to make? Klein says you will save $100 a month in fuel. (granted you get government assistance or welfare.) But if you need a new battery every 6 or 7 years, will you really save anything? How about the impact of the used battery? I heard somewhere that you need to keep the battery at a minimum temperature of 32-50 degrees friend. We arn't talking about a little AAA. And finally service, who can service these? Only the dealer?

 

[UpstateNYUPSer(Ret)]

The Volt has an MSRP of about $40K but tax credits bring that down to around $25K. The 40 mile range would be ideal for me. As with any new and evolving technology the price will come down.

On a side note, I noticed on the commercials for Jeep that financing is available through GMAC. Did I miss something?

 

[Lue C Fur]

You plug the Volt into the wall to charge it...where does that electricity come from? Thats right...an electric plant fueled by coal...and your electric bill goes up but your gas bill goes down...so instead of smoke out your tail pipe its smoke out of a smoke stack. Any guess on which is cleaner? Todays gasoline engines are super efficiant and super clean. If Americans really want to save money, gas, and the enviroment then get onboard with clean diesel engines. Also the Prius is around 25k when all is said and done and a Honda Civic is around 18k., the Honda gets around 35mpg and the Prius around 45mpg...if you do the math with gas savings and cost of the cars it will take many years to break even on the Prius. Now check out the current VW diesel which gets 41mg and costs around 22k...IMO we need more diesels over here like Japan and Europe.

 

[UpstateNYUPSer(Ret)]

My electricity comes from Hydro Quebec. Diesel has made great strides and its use should be increased here.

Hydrogen is the way to go but the technology and distribution system are still years away.

 

[brett636]

The Volt has an MSRP of about $40K but tax credits bring that down to around $25K. The 40 mile range would be ideal for me. As with any new and evolving technology the price will come down.

On a side note, I noticed on the commercials for Jeep that financing is available through GMAC. Did I miss something?

I will have to research that, but the highest tax credit one can take on even a full electric car like the Tesla Model S is $7500, and that is a non refundable credit meaning you need a $7500 tax liability to get the entire credit.

EDIT: Just wanted to add that even on Chevy's website it says the Volt will qualify for the $7500 tax credit mentioned above. So that still brings the price well over $30k and thats only if you carry a $7500 tax liability.

 

[Lue C Fur]

The Tesla looks like a small Aston Marton Vantage.

 

[brett636]

The Tesla looks like a small Aston Marton Vantage.

Yea, one that can hold 5 adults + 2 children with the front end being the trunk. The entire drivetrain, battery and all is beneath the floorboards. Simply an amazing car. One too creative to be thought up by a government owned car company.

 

[Babagounj]

The Volt has an MSRP of about $40K but tax credits bring that down to around $25K. The 40 mile range would be ideal for me. As with any new and evolving technology the price will come down.

The General Motors EV1 was an electric car produced and leased by the General Motors Corporation from 1996 to 1999, (1,117 units).http://en.wikipedia.org/wiki/General_Motors_EV1#cite_note-CarandDriverAug09-4 It was the first mass-produced and purpose-designed electric vehicle of the modern era from a major automaker, and the first GM car designed to be an electric vehicle from the outset.
While customer reaction to the EV1 was positive, GM believed that electric cars occupied an unprofitable niche of the automobile market as they were only able to lease 800 units in face of production costs of US$1 billion over four years.
The EV1 program was subsequently discontinued in 2002, and all cars on the road were repossessed. Lessees were not given the option to purchase their cars from GM, which cited parts, service, and liability regulations.http://en.wikipedia.org/wiki/General_Motors_EV1#cite_note-CarandDriverAug09-4 The majority of the repossessed EV1s were crushed, and the rest delivered to museums and educational institutes with their electric powertrains deactivated, under the agreement that the cars were not to be reactivated and driven on the road.

 

[Babagounj]

You plug the Volt into the wall to charge it...where does that electricity come from? Thats right...an electric plant fueled by coal...and your electric bill goes up but your gas bill goes down...so instead of smoke out your tail pipe its smoke out of a smoke stack. Any guess on which is cleaner? Todays gasoline engines are super efficiant and super clean. If Americans really want to save money, gas, and the enviroment then get onboard with clean diesel engines. Also the Prius is around 25k when all is said and done and a Honda Civic is around 18k., the Honda gets around 35mpg and the Prius around 45mpg...if you do the math with gas savings and cost of the cars it will take many years to break even on the Prius. Now check out the current VW diesel which gets 41mg and costs around 22k...IMO we need more diesels over here like Japan and Europe.

Ive been waiting for this to go on sale .....


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[Babagounj]

And for those that can't wait .....
https://web.archive.org/web/20080809114752/http://shadetreeconversions.com/

Gary Brown explains how we build our pickups with diesel tractor engines.
My partners and I were trying to find a way of surviving today’s outrageous fuel prices. We have developed an engine and transmission package; a full size pick-up that gets approximately 40-50 miles per gallon. What we have accomplished through trial and error and thousands of dollars; you can achieve with a simple set of plans. It’s the combination of these parts that transforms a 15 mile per gallon vehicle into a 40-50 mile per gallon vehicle.
We are obtaining U.S. patent copyrights on the plans to our vehicles and we will make them available for a nominal amount. We want to help our fellow citizens remove the financial chains currently holding us hostage. If a few hundred thousand people build these vehicles, it would reduce our daily dependence on foreign oil and let the automobile manufacturers know if they don’t do it, we will.
For just $50.00, hardly the price of a tank of fuel, you can join our website and download our copyrighted materials. This information not only tells you what we did right, but it warns you about the mistakes we made. This material will keep you on the right path.

 

[diesel96]

Your right, its called the Ford Motor Company.



And look what that got us. A new government organization called GM which is now short for government motors.


You can do that when turning a profit no longer matters. Thats how the government operates with persistant deficits ruining future generations opportunities to live like we do today. Its also interesting you mentioned the Volt as its MSRP is going to be over $40k. This coming from a company that still can't hold a candle to the hybrid sales of its competitors like Honda and Toyota. I predict its going to be a flop and will be taken out of production in a couple years. Of course this is assuming turning a profit starts to become important to GM in the near future, but that is becoming highly unlikely.



Its not a victory, its a burden. A burden to all tax paying Americans, a burden to future taxpayers, and a burden to the auto industry which would have been able to fill the hole left by GM overtime.

Such an emotional out-cry in favor of the certain failure of many auto parts makers, car dealers, and other smaller businesses that would have been dealt a crippling blow to our already friend 'ed up economy. The best estimates are that more than one million American workers could have lost their jobs.
Now $28 billion is what percent of the U.S. GDP of $12 trillion? Yet Obama haters here, such as yourself, are enthusiastically thrilled with the Gov't's continuation of handling and operating cost of The War on Terror and The War on Drugs...So if you want to talk burden's to future taxpayers (our kids and grandkids), at least cut to thru the chase and get to the bulk of the source..

 

[klein]

Diesel, I wouldn't worry too much. Ofcourse they want Obama and everything he does to fail.
They actual want it so much, that they actually believe things will fail (like GM). Little do they know, GM will probably be turning a profit before years end.
Little do they know, Obama will be a 2 term president as well.

 

[brett636]

Such an emotional out-cry in favor of the certain failure of many auto parts makers, car dealers, and other smaller businesses that would have been dealt a crippling blow to our already friend 'ed up economy.

If the dems weren't trying so hard to get low income people into houses they couldn't afford our economy wouldn't be so "friend'ed up" as you put it.

The best estimates are that more than one million American workers could have lost their jobs.

Oh deez, do you actually think those jobs are staying here? GM has been working tirelessly to move its plants overseas for decades, those jobs are going to be lost only it will be over a longer period of time.

Now $28 billion is what percent of the U.S. GDP of $12 trillion?

Try $49 billion, $6.7 billion of which we supposedly got back through money we had already given GM. As a member of the 53% of Americans who actually do pay taxes these days I can't even consider buying a GM or Chrysler vehicle simply because I have already paid for them through my taxes, and I don't like to buy things twice.

Yet Obama haters here, such as yourself, are enthusiastically thrilled with the Gov't's continuation of handling and operating cost of The War on Terror and The War on Drugs...So if you want to talk burden's to future taxpayers (our kids and grandkids), at least cut to thru the chase and get to the bulk of the source..

http://www.costofwar.com/

http://www.drugsense.org/wodclock.htm

So I guess allowing terrorists to plant bombs in our cities and fly planes into our buildings is positive for our economy and future well being?

 

[Babagounj]

Oh Please, The GM Bailout Was A Failure, And No The Taxpayer Hasn't Made Money

Read more: http://www.businessinsider.com/gm-bailout-was-a-total-failure-2010-4#ixzz0msA0NqCp
​

 

[Babagounj]

The Tesla looks like a small Aston Marton Vantage.

Top Gear Reviews Tesla Roadster

Jeremy Clarkson took the Tesla Roadster 'round the Top Gear track, saying it's "an astonishing technical achievement...it's just a shame that in the real world, it just doesn't seem to work."

The Top Gear boys got their fish and chips scented mitts on a couple of Telsa Roadsters (you'll see why) and gave it the full program. Loving videography, a little racing with a Lotus Elise and then they tossed it to the Stig for a run at the leaderboard. Take a look and see what the final verdict is yourself.

They use an airport runway for their test track, its really fast on the straight run , but the extra weight of the batteries does slow it down quite a bit during cornering.

 

[Lue C Fur]

GM's Give Back Gimmick… More Happy Talk on the Way to Its Next Bankruptcy

By Dave Cribbin

GM, short for Gubmint Motors, is telling a whopper of a fib in its new advertising campaign. Listen to Ed Whiticare's Happy Talk and you'll be informed that through his Masterful leadership GM has become so successful in the last year that it has paid back the government loans in "FULL" with interest 5 years ahead of schedule.

That would be wonderful news, as a matter of fact it would be the best news I've heard out of Detroit in ages, but nothing could be further from the truth. GM has not come roaring back to life after a successful rescue by the brilliant Pols in Washington. GM was, and is still a basket case, only now they have a bank account that is chock full of our money.

In fact, GM's story is just another in a long line of Bailout "success" stories to go along with Chrysler, AIG, Fannie and Freddie, all of whom received money from the US Taxpayers and will never pay it back. GM didn't pay back, as much as it gave back a tiny portion of the bailout money it received. I thought paying something back implied that you had earned the money used to pay off your debt. In GM's case, they got 60 some billion dollars from US taxpayers and gave $6.7 billion of the money back. GM lost 3.3 billion dollars in the 1st quarter of this year, which means there is no way they "paid back the money". That's a Give Back! Not a Pay Back!

More happy talk is on the way with the good news that GM continues to lose market share and is down to 17.6% versus a year ago number of 18%. That's just a small loss of market share, no need to worry right? No! Not right! Last year the economy and auto sales were in a free fall. This year we are in a recovery, albeit a tepid one, and GM is still losing market share. How can things get better when revenues and market share continue to fall and profits are something that you can only dream about having someday? Answer: It can't and it won't!

Maybe even more happy talk can turn things around. GM can disclose, as it did several weeks ago, that its pension plan is massively underfunded and short a couple of billion dollars. Well, actually they are short 27 billion dollars, but like Ed I'm trying to keep the happy talk going. Is there any question about who is going to get stuck with that bill when it comes due? Then there is the Healthcare VEBA. What happens when that goes bust?

GM didn't go bust last year, but should have and almost certainly will go bust at some point in the near future after proving to be the biggest money pit the US tax payers have ever had the pleasure of funding, no matter what kind of snake oil Ed Whiticare is peddling.

Dave Cribbin, President of Tailwind Capital, is a Liberty Features Syndicated writer for Americans for Limited Government.

 

[klein]

Lucy, it's basically up to the american people if they want to purchase GM or not. I truely believe hardcore republicans, like yourself, will never ever consider one now.
So, yes, be unpatriotic, like the the rest of reps, and don't buy, and let them go under, along with hundreds of thousands of jobs and pensions.

Who knows, maybe one day UPS might need a bailout ? Then I wonder if most Republicans will boycott it, too ?

As far as GM Canada goes.... they are in full production now, with 3 shifts, and opening up new plants.
People here are different, we support our workers.

 

[Lue C Fur]

Lucy, it's basically up to the american people if they want to purchase GM or not. I truely believe hardcore republicans, (better than a Socialist American hating Canadian) like yourself, will never ever consider one now. (I support Ford, is that not American enough or should i purchase a POS just to help GM out?)

So, yes, be unpatriotic, like the the rest of reps, and don't buy, and let them go under, along with hundreds of thousands of jobs and pensions.
So your unpatriotic if you dont buy a Goverment Motors car? What if you purchase a Ford car...does that make you a Commie?
Who knows, maybe one day UPS might need a bailout ? Then I wonder if most Republicans will boycott it, too ?
With the way the company runs itself and burns money its a wonder they havent.
As far as GM Canada goes.... they are in full production now, with 3 shifts, and opening up new plants.
People here are different, we support our workers.
So Americans are Un-American but Canadians are...LMAO. Are you tippin the "Likor" bottle again?