hoffman23

Ford and the New 'Profitability'

Keep an eye on GM. The newly introduced 2010 Chevy Equinox ( only available for 1-2 weeks) is hotter than hot. The dealers can't keep them in stock. And a big player in that category is Ford Escape. Chevy is going to eat Ford's lunch and Ford is going to lose big in that profitable category. So watch that cash burn rate. It might be increasing sooner than one might think.

Mid-Year 2009 Recap: What's Ahead

Yeah, and having Mcain/Palin as our leaders would have made you MORE right. Yeah, right on the breadline. Take a breath and park your ego somewhere else.

Taxpayers: Beware GM's Decision to Build Compact in Michigan

Why don't you ask Bob Corker why GM didn't go to Tenn. How about his cries for bankruptcy, probably leading to liquidation. Maybe Nissan can hire his folks. And about profits, what about Prius, the favorite " best little car ever". Toyota admits losing money on each one produced but, because of Japanese govt. support of their car companies and their health systems, it's OK. Another idiot author on this blog.

The Final Hours of GM?

How many of the bondholders bought the paper at 10-15 cents on the dollar? Yet, they want to look like they paid all the face value. Bondholders are bulls--t. You gambled and lost. That's what RISK is all about. I'm not defending the workers, but the UAW has bent over in their efforts to save GM. And yes, THEY VOTE!! I am white collar GM and have taken pay cuts, work harder than ever before, and STILL care about this company. Bondholders are BS.

What Could Fiat Be Thinking?

The answer is SUPERSIZED EGO !!!! See Kerokian. And don't forget Ghosn. It has taken him many years and, even with all great resources, still could go down in a NY minute.

What if Chrysler Holdouts Overhedged with CDS?

Who wrote CDS's on Chrysler? AIG? Even those idiots weren't that stupid. Anyone in the car business knows why they held out. They would have to admit to a loss instead of having "the good fight". they overplayed their cards. More morons in charge of someone else's money.

Time to Look at Auto Stocks?

Don't be so quick to jump on the Ford bandwagon. Take a look at the Ford Credit lease portfolio. Lots of markdowns there that are not reaching to anyone's ears. So far, they have been lucky, not smart. Sometimes that works, sometimes not. It's your dice, not mine.

Time to Look at Auto Stocks?

As a veteran of the auto industry and as an investor, the only logic one could attribute to investing in auto stocks is that YOU CAN'T LOSE MORE THAN YOUR INVESTMENT !!!!! This industry is in freefall and NO ONE knows the answer. If they think they do, have I got a bridge in Brooklyn to sell you. Try CD's until this settles out. There will be plenty of time to buy in when the dust settles.

GM Gets Some Good News, Chrysler - Not So Much

Ah, one shining light in a sea of darkness. Someone who actually gets it. GM is welll on the way back to being the great auto manufacturer it once was, More models over 30 MPG, outstanding trucks, well built and beautiful cars. the JD Power survery is a lagging one, showing a 3 year history. GM has gotten the message and wait until you see this survey in the future. GM will rise even higher in the standings. Only if the media opens their eyes and stops discussing the past will GM get their proper due. Congrats to the author.

GM May Be Considering Bankruptcy (at Last)

Once again, a clueless author who doesn't use his/her real name. So when I address you, should I be calling you "Mr. or Ms." Moron. Is stating old news what makes people think you are smart? How about having the TARP take over the UAW healthcare system? Then the Govt. will know exactly where the money went. Right to the people who need it. This site needs new and better contributors, not nameless hacks.

The 12 Most Important Cars of 2009

Maybe I'm biased, but the most exciting car in years, the 2010 Chevrolet Camaro is going into production in March. And you think the Flex, Fusion hybrid, and Jetta deserve a higher place on the list? The word "Clueless" comes to mind.

GMAC: Why the Bond-Exchange Silence?

Let me correct you. I think it is now Plan M,N,O,P. The bondholders can continue to play hardball because they know there is no line in the sand. But, if they take it a little too far, they will screw up the GM bridge loans and have less than nothing. Having tax losses in a year where you lose money doesn't do you any good.

Offer Ford a Bridge Loan to Buy GM Assets

Mr Eickholt, you're being way too kind. This man needs to be put away and not allowed to talk to the public again. If this blog keeps using idiots like this as "contributors", I will look elsewhere. I am a 30 year veteran of the auto industry, both on the retail and factory sides. Ford is only where they are because they were broke 2 years ago and had to go to the banks then. Their "brillance" is sheer luck. GM will become quickly what they needed to be 5 years ago, leaner and stronger. They spent too much time trying to be "everything to everyone". chrysler could disappear soon with someone buying their "Jeep" brand. Their big time hires like Meyer and Murtaugh have headed for the doors. If Jim Press goes, it's over for them. Stay tuned

Buy Ford, Short GM

Oliver Stone is just an idiot. Last I looked, it is not a crime to be dumb. Just don't go to his movies. No ticket buying, no film producing. And, BTW, how many of these analysts had money with Madoff?

GM: Natural Death or Suicide?

Jerry York and his boss, Kerkorian, LOST money every time they tried to take over ANY of the Domestic auto makers. That's because they were clueless about the auto businessRoss Perot was way over his head (ears) when he tied up with GM. And how about those smart guys at Cerebus? they reallly know what they're doing. There is no doubt that GM has done this to themselves, but you are another "master of hindsight". Show me your commentary 2 years ago about this topic. Case closed. As in the immortal words of Bill Maher, "Just shut up!"