One cause of the poor cars offered is the Dealers and companies writing state laws to encourage the well off to turn over their cars often. The buyer has a short term outlook if it is a 2 or 3 year lease. The deduction of the trade in for sales taxes also helps the short term view. In Europe they hold their cars longer so they demand a good car not a disposable one.
On Nov 12 12:36 PM GREG SANTO wrote:
> JASON, > GREAT ARTICLE BUT THINK OF THIS FOR A SECOND. WHAT DOES FORD GM AND > CHRYSLER HAVE TO DO TO GET HEALTHY AGAIN? SELL CARS. > HOW CAN THE GOVERNMENT HELP SAVE THE AUTO INDUSTRY? HELP THE INDUSTRY > SELL CARS. > GIVE CAR BUYERS WHO CHOOSE TO BUY AMERCIAN AN ADDITIONAL 1500 REBATE > ON TOP OF THE DEALERS BEST DEAL. THIS REBATE SHOULD BE IMMEDIATELY > REDEEMABLE AT THE DEALERSHIP AND NOT A TAX DEDUCTION AND IT IS ONLY > FOR THOSE WHO BUY FORD CHRYSLER OR GENERAL MOTORS. THE US AUTO INDUSTRY > WOULD GET HEALTHY REAL FAST. LET'S FACE IT, WE CAN'T PUT A TARRIFF > ON HONDA OR TOYOTA TO EVEN THE PLAYING FIELD BUT THE GOVERNMENT CAN > DO THIS AND IT WOULDN'T HAVE TO BE FOREVER. 2 YEARS OF THIS WOULD > CHANGE BUYING HABITS FOR A LONG TIME AND THAT'S WHAT WE NEED. <br/>GREG > SANTO > SANTO LINCOLN MERCURY VOLVO > GSBC27@AOL.COM
The bonus system got out of hand for the auto leaders. They should be given shares to hold as a penson and only sold slowly after retirement. No golden parachutes. One sharp guy the other day said give Toyota $50B to take GM off the gov't hands. And give Honda $20B take care of the Ford mess.
On Nov 12 02:28 AM The hand wrote:
> czar of auto industry??? there is no one i would trust. and what > exacty is the symbol for american motors - the automaker with the > worst product mix in history. > > not enough money was put into r&d for decades - they are short > of correct product and you cannot pull this out of your a$$. > > the american board of director system is a failure because the directors > only see the company through the chief operating officers eyes. they > only represent the biggest stockholder. > > the ceo is rewarded for short term profits. the auto industry requires > vision 5 to 10 years in the future. why would a ceo look too far > ahead. hey, this is the system the "investors" want - they got it. > > > we cannot allow an ill-timed death of the auto sector. the social > displacement would be significant - and the taxpayers will pay if > GM fails or it is rescued. i vote to use money to help GM go to an > orderly death. there are pieces of GM worth money, and worth saving. > if the crap we are hearing about the volt is true, this piece should > be worth something to somebody. but my senses tell me that the volt > is a bust - just like the vega. another Sophie's choice. >
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They seem to have a big holding in a country just before it runs into trouble. July 1 2008 above it was Brazil now Brazil is cooling. Before it was Turkey and South Africa . I have not checked it out month by month it just seems to be that way. Anybody follow it more closely?
Investing in a Resource-Constrained World (Part II) [View article]
feb 8 there was a question water stock. He may look at BWTR. They have a pattened low cost process. Expanding to national. Does have a stockhold class action suit over its head.
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Latest | Highest ratedHow To Save the Big 3 Automakers [View article]
On Nov 12 12:36 PM GREG SANTO wrote:
> JASON,
> GREAT ARTICLE BUT THINK OF THIS FOR A SECOND. WHAT DOES FORD GM AND
> CHRYSLER HAVE TO DO TO GET HEALTHY AGAIN? SELL CARS.
> HOW CAN THE GOVERNMENT HELP SAVE THE AUTO INDUSTRY? HELP THE INDUSTRY
> SELL CARS.
> GIVE CAR BUYERS WHO CHOOSE TO BUY AMERCIAN AN ADDITIONAL 1500 REBATE
> ON TOP OF THE DEALERS BEST DEAL. THIS REBATE SHOULD BE IMMEDIATELY
> REDEEMABLE AT THE DEALERSHIP AND NOT A TAX DEDUCTION AND IT IS ONLY
> FOR THOSE WHO BUY FORD CHRYSLER OR GENERAL MOTORS. THE US AUTO INDUSTRY
> WOULD GET HEALTHY REAL FAST. LET'S FACE IT, WE CAN'T PUT A TARRIFF
> ON HONDA OR TOYOTA TO EVEN THE PLAYING FIELD BUT THE GOVERNMENT CAN
> DO THIS AND IT WOULDN'T HAVE TO BE FOREVER. 2 YEARS OF THIS WOULD
> CHANGE BUYING HABITS FOR A LONG TIME AND THAT'S WHAT WE NEED. <br/>GREG
> SANTO
> SANTO LINCOLN MERCURY VOLVO
> GSBC27@AOL.COM
How To Save the Big 3 Automakers [View article]
One sharp guy the other day said give Toyota $50B to take GM off the gov't hands. And give Honda $20B take care of the Ford mess.
On Nov 12 02:28 AM The hand wrote:
> czar of auto industry??? there is no one i would trust. and what
> exacty is the symbol for american motors - the automaker with the
> worst product mix in history.
>
> not enough money was put into r&d for decades - they are short
> of correct product and you cannot pull this out of your a$$.
>
> the american board of director system is a failure because the directors
> only see the company through the chief operating officers eyes. they
> only represent the biggest stockholder.
>
> the ceo is rewarded for short term profits. the auto industry requires
> vision 5 to 10 years in the future. why would a ceo look too far
> ahead. hey, this is the system the "investors" want - they got it.
>
>
> we cannot allow an ill-timed death of the auto sector. the social
> displacement would be significant - and the taxpayers will pay if
> GM fails or it is rescued. i vote to use money to help GM go to an
> orderly death. there are pieces of GM worth money, and worth saving.
> if the crap we are hearing about the volt is true, this piece should
> be worth something to somebody. but my senses tell me that the volt
> is a bust - just like the vega. another Sophie's choice.
>
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