dawdler

Treasury Continues to Harpoon the Real Economy

What do you suggest? Legislation to FORCE consumers to buy a car or truck they don't want? You're saying this is just a perception problem? Then GM is not doing a good job marketing.

Live by the free market, die by the free market.


On Nov 12 11:26 AM Repper wrote:

> This IS an ignorant rant. You may know i LITTLE about finance, but
> you obviously know nothing about the auto industry.
> I'm SO sick of people blasting the products produced by the US automakers.
> The OBJECTIVE TRUTH is that they are building world class quality
> cars and trucks with world class fuel efficiency. Compare styling
> and they blow Toyota away. GM’s products are the benchmark in many
> segments. Look at the data! And [really] look at the cars!
> The problem is the perception that keeps getting perpetuated that
> they don't build good cars and trucks. Many won't even look at them
> because of this ridiculous, pervasive misconception.
> Yes, they had problems in the 70’s, 80's and early 90's. They got
> very complacent, and their products suffered. The companies have
> changed drastically since then, they HAVE BEEN doing the right things,
> but since so many consumers have written them off for past sins,
> they are having trouble getting some people to even look at domestic
> vehicles. Now with this perfect storm of the economy, and their legacy
> costs they are obviously hurting.
> Letting them fail would truly send the economy into deep depression.
> Apparently most don't realize how much this manufacturing base effects
> every part of our economy. Yes, it hurts to say we're gonna "bail
> them out", but all they need is affordable loans to continue on the
> RIGHT path of building great vehicles and getting ahead of the competition
> with alternative fuel technologies. The American public would do
> the most for their economy if they would just CONSIDER buying American.
> It would help 'themselves' as well because the government can make
> a good deal of money from these loans (see the Chrysler "bailout"
> of the early 80s).
> Before blindly bashing, please give a real look at the products that
> are being produced today and educate yourself with the facts. Try
> visiting gmfactsandfiction.com/.../ . Yes, it is compiled
> by GM, but all the facts included are from third-party sources to
> which links are provided. Dispel your misinformed misconceptions
> about GM and the other domestic auto makers.