from $26billion....to $34billion......WOW!
#31
#32
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Posts: n/a
RE: from $26billion....to $34billion......WOW!
ORIGINAL: Aweasel
a single mfg for all cars, trucks, motorcycles etc is preposterous....what do you think motivates technological advancement? competition, why do we have competition...profits. we'd all be driving model-ts if there was one sole manufacturer and henry ford had the lead in the early 1900s so realistically why would they improve a product that is completely original...something that dominates 100% of the market? The most prospering firms lead for a reason...they invest those gains into more R&D when the consumer as well as the supplier wins.
you have competition to thank for all the improvements and innovation that has graced us over the past thousands of years...not some "utopian fantasy" where I scratch your back and you scratch mine. On paper that's wonderful but it's not human nature in the least.
a single mfg for all cars, trucks, motorcycles etc is preposterous....what do you think motivates technological advancement? competition, why do we have competition...profits. we'd all be driving model-ts if there was one sole manufacturer and henry ford had the lead in the early 1900s so realistically why would they improve a product that is completely original...something that dominates 100% of the market? The most prospering firms lead for a reason...they invest those gains into more R&D when the consumer as well as the supplier wins.
you have competition to thank for all the improvements and innovation that has graced us over the past thousands of years...not some "utopian fantasy" where I scratch your back and you scratch mine. On paper that's wonderful but it's not human nature in the least.
The world as a whole very soon will have to work and advance technologically together for something other than a bottom line profit ... .....that's the point ...
Things including vehicle manufacture can not and will not be able to be sustained the way it is being done today ....as we are now seeing!!
Your old school thought process regarding this topic will also become redundant I might add , once the whole world accepts this fact of today's life..
#33
RE: from $26billion....to $34billion......WOW!
Same cars different companies:
This I guess was supposed to be a cost savings. They could produce one frame and allow the different companies have different levels of quality, trim, powerplant, etc. Some people love their Chevy's like a rock feel over say the plushy GMC. I can certainly see where this could save production cost and I don`t necessarily disagree with it.
Ford had taken out a loan before the credit squeeze and as such, is not as strapped as much as GM. The Ford CEO said that he would take the pay cut if they needed money from the government. Furthermore, the CEOs probably have stock in their own companies. It is in their best interest for the company to improve. The loan business to run a business is pretty much a norm. A company takes out a loan to merchandise, produces and sells merchandise, paying back the loan. Saying that this is more debt when they have a debt issue lacks a little foresight of business. You need money to make money.
I say do the loan to the BIG3...right after I buy their $3/share stock. GM has a line efficient cars in the works that would help bolster the company. They will need to retool and retrain for these new vehicles. This will need money.
I think the industry did shoot themselves in the foot for not having more gas efficient cars available but instead concentrated on SUVs. The problem with this thinking though...is that the SUVs were the vehicles that were selling. They were catering to the market. If anything, it is just as much the fault of the consumer as it is the company.
Keep in mind, that this is not the first time that GM has borrowed money from the government. I don't remember the time frame or the amount, but from what I recall it was a hefty amount and GM did pay it back with interest.
Some may feel that this is the equivalent of bailing out the Titanic with a spoon, but I wholeheartedly disagree.
Keep in mind that our economy is a living growing organism. If you want to be pissed at a someone, be pissed at the banks. They are at the root, the primary cause. They were handed money but the credit situation has not freed up. From my understanding, their executives were to get (or got) some hefty bonuses (or was this a rumor?).
This I guess was supposed to be a cost savings. They could produce one frame and allow the different companies have different levels of quality, trim, powerplant, etc. Some people love their Chevy's like a rock feel over say the plushy GMC. I can certainly see where this could save production cost and I don`t necessarily disagree with it.
Ford had taken out a loan before the credit squeeze and as such, is not as strapped as much as GM. The Ford CEO said that he would take the pay cut if they needed money from the government. Furthermore, the CEOs probably have stock in their own companies. It is in their best interest for the company to improve. The loan business to run a business is pretty much a norm. A company takes out a loan to merchandise, produces and sells merchandise, paying back the loan. Saying that this is more debt when they have a debt issue lacks a little foresight of business. You need money to make money.
I say do the loan to the BIG3...right after I buy their $3/share stock. GM has a line efficient cars in the works that would help bolster the company. They will need to retool and retrain for these new vehicles. This will need money.
I think the industry did shoot themselves in the foot for not having more gas efficient cars available but instead concentrated on SUVs. The problem with this thinking though...is that the SUVs were the vehicles that were selling. They were catering to the market. If anything, it is just as much the fault of the consumer as it is the company.
Keep in mind, that this is not the first time that GM has borrowed money from the government. I don't remember the time frame or the amount, but from what I recall it was a hefty amount and GM did pay it back with interest.
Some may feel that this is the equivalent of bailing out the Titanic with a spoon, but I wholeheartedly disagree.
Keep in mind that our economy is a living growing organism. If you want to be pissed at a someone, be pissed at the banks. They are at the root, the primary cause. They were handed money but the credit situation has not freed up. From my understanding, their executives were to get (or got) some hefty bonuses (or was this a rumor?).
#34
RE: from $26billion....to $34billion......WOW!
ORIGINAL: Aweasel
They just found a way to provide quality cars people need, and do so at an affordable cost. they dissected the manufacturing process and optimized it. While the big 3 were relying on their "buy american" or "a gto is as american as apple pie" strategies, the eastern firms were streamlining the mfg'ing process to crush the western competition. While gm and ford were pushing suvs and luxury full sized trucks honda and toyota were counting their billions
They just found a way to provide quality cars people need, and do so at an affordable cost. they dissected the manufacturing process and optimized it. While the big 3 were relying on their "buy american" or "a gto is as american as apple pie" strategies, the eastern firms were streamlining the mfg'ing process to crush the western competition. While gm and ford were pushing suvs and luxury full sized trucks honda and toyota were counting their billions
#35
RE: from $26billion....to $34billion......WOW!
ORIGINAL: CBRclassic
The point of my little mind broadening rant was and is not confined to motor vehicles ..
The world as a whole very soon will have to work and advance technologically together for something other than a bottom line profit ... .....that's the point ...
Things including vehicle manufacture can not and will not be able to be sustained the way it is being done today ....as we are now seeing!!
Your old school thought process regarding this topic will also become redundant I might add , once the whole world accepts this fact of today's life..
The point of my little mind broadening rant was and is not confined to motor vehicles ..
The world as a whole very soon will have to work and advance technologically together for something other than a bottom line profit ... .....that's the point ...
Things including vehicle manufacture can not and will not be able to be sustained the way it is being done today ....as we are now seeing!!
Your old school thought process regarding this topic will also become redundant I might add , once the whole world accepts this fact of today's life..
Your eventual change in society is about as likely as people sprouting wings and flying to overcome airport terminals and security checks...it's an idea but I wouldn't call it an argument. In the thousands of years we've been around there's been a few flawed instances that weren't much more than a front for the corrupt individuals that led them....mao zedong and his crazy communist china(people starving to death..really good idea.), stalin and their ruling with a fist. those are hardly even examples of communism which is nothing more than idea on paper...you'll never see it practiced. Exhibit A...poor sap that got trampled by moneyhungry bargain hunters at wal-mart or some **** in new york
#36
RE: from $26billion....to $34billion......WOW!
ORIGINAL: Aweasel
Please cite an instance in the technological age where someone has selflessly poured themselves into technological advancement and refused any credit, benefits, rewards, anything.
Please cite an instance in the technological age where someone has selflessly poured themselves into technological advancement and refused any credit, benefits, rewards, anything.
#37
RE: from $26billion....to $34billion......WOW!
ORIGINAL: woo545
Believe or not, this happens a lot on the internet. People develop all sorts of things and give it away for free. (there is a name for this...but I don't remember what it is). The problem, is that people find that it ends up costing them more time than they have to maintain them.
ORIGINAL: Aweasel
Please cite an instance in the technological age where someone has selflessly poured themselves into technological advancement and refused any credit, benefits, rewards, anything.
Please cite an instance in the technological age where someone has selflessly poured themselves into technological advancement and refused any credit, benefits, rewards, anything.
#39
RE: from $26billion....to $34billion......WOW!
The u n i o n s OWN the Democrats. Dont believe me? Go look at who they donate to politically. They got their people in the halls of power and the presidencyand its time to pay the piper.Obama and the Congress is the u n i o ns bitch.... and they got em bent over a barrel.I'll bet you 34 billion dollars they get the bailout. Anybody want to shake on it?
#40
RE: from $26billion....to $34billion......WOW!
The u n i o n s OWN the Democrats. Dont believe me? Go look at who they donate to politically and who they support. They got their people into the halls of Congress and the presidency and its time to pay the piper. Obama and Congress is the u n i o n s BITCH..... and they have them bent over a barrel. I'll bet you 34 billion dollars they get the bailout. Wanna shake on it?