Mister Jimmy

Total Rating:
+23 / -9

53 Comments

    • Wed Nov 12th 17:31 PM | Rating: +4 -1
      Commented on:
      Do the Automakers Deserve a Bail Out?
      Friedman has a great knack...for telling half of a story. That $25 billion was authorized by Congress to provide relief for costly legislation effecting the auto industry, long before the current situation, and is available to all auto makers, not just those based in Detroit. There's plenty of innovation coming out of Detroit. Check out this link....

      www.gm.com/experience/.../
      View article »
    • Wed Nov 12th 12:31 PM | Rating: 0 0
      Commented on:
      Could AIG Kill GM's Chances for a Bailout?
      Failing to provide federal help for the auto industry will ensure its collapse, and Great Depression-style consequences. That being said, any assistance should ensure painful concessions by all concerned, including the UAW, management, retirees, shareholders, and bondholders..
      View article »
    • Sun Nov 9th 13:08 PM | Rating: +1 0
      Commented on:
      Why General Motors Should Be Delisted
      The EV-1 was based on lead-acid battery power and would have failed to satisfy the long-term quality and performance expectations of consumers. The coming Chevy Volt, with lithium ion batteries, is far superior.

      Yes, GM offers many SUV's, even now, but also offers more models that achieve over 30 mpg on the highway than any other company. All of which begs the question, fg144331, how smart can YOU be?
      View article »
    • Sun Nov 9th 12:57 PM | Rating: 0 0
      Commented on:
      Detroit is Hemorrhaging
      Hey, "Briggsy", before you make soft, sweet love to that Camry, you might want to check this out.....

      www.toyotaproblems.com.../
      View article »
    • Sun Nov 9th 12:45 PM | Rating: 0 0
      Commented on:
      Slamming the Brakes on GM - Barron's
      Dave M, your comment "I would think that parts suppliers sell to them to" is remarkable. Before you suggest something that could have devastating consequences, understand what you're talking about. As far as us feeling no worse for wear on the failure of the U.S. TV manufacuring industry, have you checked the trade deficit lately?
      View article »
    • Sat Nov 8th 17:24 PM | Rating: +3 0
      Commented on:
      General Motors: Beginning the Endgame?
      To Ax, who stated above that "GM had a great electric car in the 80's", the earlier GM electric EV-1 had an utterly inefficient set of lead/acid batteries. It would never have suited large masses of people over the long haul. Hybrids, like the Prius, rely on nickel/cadmium batteries, which are more efficient but unable to power a fully-electric car. The Chevy Volt will be powered by lithium ion batteries, similar to what powers your cell phone. and will have a fully electric drive train. Its small gas engine will only recharge the battery after miles without a charge,

      GM still sells 6 of the top 20 selling cars in the USA. Obviously, they know why they're in the business. They only need to reduce labor and legacy costs to the level of their competition.
      View article »
    • Sat Nov 8th 13:32 PM | Rating: 0 0
      Commented on:
      Detroit is Hemorrhaging
      Yes, management missteps, being handcuffed by the UAW, and the credit crisis all contributed to the current situation, but the "transformation&q... referred to above is already underway....

      www.gm.com/experience/.../

      However, without a government lifeline, it will never be realized.
      View article »
    • Sat Nov 8th 12:02 PM | Rating: +2 -1
      Commented on:
      General Motors: Beginning the Endgame?
      Rick, you perpetuate the false perception of their superior quality by suggesting GM "reopen as a Toyota-quality...opera... Toyota had an engine sludge problem so superior a couple of years ago, that it took a consumer class-action suit to get their attention (look it up on Google). They also got knocked recently by Asian-friendly Consumer Reports for quality issues. Yet, the perception of their superior quality continues...perpetuate... by journalists like you that just assume it's true.
      View article »
    • Mon Oct 27th 12:17 PM | Rating: 0 0
      Commented on:
      How to Navigate the Troubled Auto Industry - Barron's Interview
      America was the "leader" and the most powerful industrial nation on earth, during the period from 1945 to about 2001. Any one that does not see that it's all over is either not paying attention or in denial. We're has-beens now, much like the Brits. Bloated with debt and a fat sense of entitlement. Thankfully, at least it means that we won't be invading any more nations to "liberate" them in the name of democracy and free trade. The Chinese can have that role, too.
      View article »
    • Mon Oct 27th 03:13 AM | Rating: 0 0
      Commented on:
      Chrysler Makes a Poor Fit for GM
      Foreign auto makers, primarily the Japanese, are heavily supported by their own governments. They also build vehicles on U.S. soil with a HUGE advantage, in that they do not have to contend with the UAW. U.S.-based auto companies are saddled with UAW relationships that are truly from another era. GM, in particular, is developing fuel cell, electric, bio-fuel and compressed natural gas vehicles, many currently in actual fleet-testing. Many independent reviewers now find their quality on many vehicles on a par with the imports. With all the domestic industry must overcome, don't these accomplishments make them worth saving?
      View article »
    • Mon Oct 27th 03:00 AM | Rating: 0 0
      Commented on:
      How to Navigate the Troubled Auto Industry - Barron's Interview
      Yeah, let's join our "esteemed" U.S. president in the belief that the auto industry deserves no federal help (unlike Asian and European competitors). Let 'em go under, and their suppliers, and the entire manufacturing sector, and the airlines, while we're at it. Oh, but let's make sure Billions are available for Wall Street. And let's import even more crap from China. Then, we can become ever more a nation of burger flippers and lawn cutters. That'll help us pay down that $10 Trillion national debt.
      View article »
    • Mon Oct 20th 12:53 PM | Rating: 0 0
      Commented on:
      Will Chrysler Crash?
      Like many commenting on the auto industry, "gas guzzlers" are blamed for Detroit's plight. The U.S. auto industry is still held hostage by UAW agreements made in another era, one that did not include Asian competitors with non-union, lower-wage, and lower-benefit workers in plants on U.S. soil. Like no other nation on earth, the U.S. allowed foreigners to compete in our markets with more favorable business models. Yes, the domestics had poor quality and bad designs at one time...but so did Toyota and Honda. Is it in the best interest of America's economic, energy, and security interests to abandon this industry to Asia, Europe, and God knows who else?
      View article »
    • Wed Oct 8th 16:56 PM | Rating: 0 0
      Commented on:
      U.S. Automakers Can't Afford to Overlook Natural Gas Opportunities
      This author is mis-informed. The $25 billion loan from the federal government was not "to help keep the doors open in Detroit". It was specifically ear-marked to help ALL auto OEM's to meet stringent fuel economy standards, and was a commitment made by the Feds long before the current dire situation. As far as domestic manufacturers ignoring alternative fuels, you owe to yourself to check out this link:

      www.gm.com/experience/.../
      View article »
    • Fri Oct 3rd 12:32 PM | Rating: 0 0
      Commented on:
      September Auto Sales: Why Was Ford Hit So Hard?
      I've rented Camry's on several trips out of town. Toyota also sells through to rental companies ("fleets").
      View article »
    • Mon Sep 29th 12:19 PM | Rating: 0 0
      Commented on:
      Chrysler to Launch Electric Car Line By 2010
      Road Runner, you typify an unrealistic perception of Toyota. Toyota's next gen hybrid is two years away, but YOU already KNOW it will be better, bigger, give a BJ, etc., etc.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»