This move will get the rest of the banks off their azz. They won't want to be left out of the game. You watch the banks follow into the 620 FICO score game shortly.
As Gas Prices Fall, Fuel Economy Loses Importance to Auto Shoppers [View article]
Item one on this list is exactly why CAFE is an unmitigated financially for automakers. Until there is Regulated fuel pricing in this country to replace CAFE their is no financial business model for a 40,000 thousand dollar 60 MPG vehicle period. They have to be deeply discounted to sell and anything less than 4.)) dollar a gallon fuel makes them a defunct business model. This is a direct looking view into how US government policy has not only contributed to losses at the domestic automakers but the foreign ones to. Ms Pelosi, When are you and the new Tree hugging Mr Waxman going to wake up and develop the political fortitude to scrap CAFE in favor of regulated fuel pricing. This is exactly why the automakers voth Domestic and Foreign alike have resisted CAFE. The Domestics have been railed for resisting CAFE but in the last round challenging California's new standard Honda, Toyota and Kia were front center and present in the fight. Ms Pelosi you and your ilk in washington have done no better with E85 infrastructure. The manufacturers stepped up and built the vehicles and the only thing you accompolished was subsidising the farmers into making E85 fuels with no infrastructure plan. Where is your PLAN!!! Stop being hypocritical and admit you have been culpable.
Say No to the Auto Industry Beggars [View article]
By the way Mr West your a canadian as is apparent from your website. Now if you referring in your article to a canadian auto industry support loan thats your business but you should stipulate so. If your referring to the USA then STFU. You have no business interjecting yourself into a U.S. Matter. This is the problem with the web and comments on the web. You never know what the source is. I have a serious issue with foreign entities interjecting themselves into U.S matters outside of foreign affairs and its a rampant issue. American people, you need to always question the source of opinoins on the web concerning matters in your own country. Other countries have a vested intrest in damaging the U.S economy to advance their own means and country. China for one has a massive policy of trying to skew US pilicies and politics to advance their own intrests only to do so annoymously under the guise that your reading the opinion of a U.S. Citizen.
And by the way Mr West gold will take a serious hit in the evet of a US domestic automobile collapse from the gold used for module and harness connectors to the reduction in microprocessor volume and the gold used to plate the pins on them. Not to mention the massive decline that would occur in jewelry sales due to an exxessive fall in personal comsumer spending.
Say No to the Auto Industry Beggars [View article]
I think the plan the government plans to put forward to clean up the domestic auto industry. Specifically the financial burdens they have been trying to unwind for the last ten years in an orderly fashion but were unable to do so because of legal ramifications is the right thing to do not only for the industry but for the country as a whole. It will provide the least damage to the country economically while maintaining its manufacturing capability. James if you can't see that you are a certifiable Moron of the highest degree.
Say No to the Auto Industry Beggars [View article]
James There is absolutly nothing natural about thios economic contraction you idiot. Unless letting the thugs of wall street act like like drunk gamblers in vegas natural economics. Note to self: Remind me to never subscribe to this individuals market finance newsletter. Given that statement he made I would be better off consulting Ronald Mcdonald. Just how short the market are youat this time? Inquiring minds want to know.
Detroit's Big Three and the Democrats' Economic Illiteracy [View article]
lazaris actually no. The transplants drop kick their workers for dubious offenses just before they are elgiable to retire and thereby negate their entitlements. Now there havent been many retirees from transplants but there have been enough side stories to indicate that what I have said is true. Just like Honda made the OSHA dirty dozen list for working their US workers to death (literally) Just go google it (OSHA dirty dozen)
Detroit's Big Three and the Democrats' Economic Illiteracy [View article]
Lets take Gm for example. GM makes cars in china and Europe just to name 2 of 35 countries. GM is profitable in those countries. So at this point we can't blame the management. Apparently they can run a profitable auto venture.
The Foreign transplants can make cars here and make a profit using US workers so its not the U.S. workers per se.
Automakers: Bailout Arguments, Pro and Con [View article]
Also if you say GM does not build cars people like just look right here. All of GM's brands are above averagew while many touted foreign brands are well below. This is a new survey as of this month.
Automakers: Bailout Arguments, Pro and Con [View article]
JP won't happen until the government gets its head out of its behind and fixes fuel prices at a minimum 3.50 to 4.00 That is the threshold where the public really gets behind buying a green or a smaller car. Without this its pointless as people wont buy. Lets get real here. The Toyota prius sold like crazy in the run up to 4.00 fuel. then it stalled or flatlined in sales voulume in july/august. And the total impact of the Prius nationwide was only 2% of the market. They had volume issues at first but they adjusted for it by early summer. The bottom line is that americans talk a good line about wanting hybrids but the reality is less than 2% of the cars sold in the USA last year were Prius hybrids. And thats at 4 dollars.
So wheres the disconnect? Are the green huggers screaming louder than everyone else on the web making it look like everyone just has to have one now. Or is everyone just chanting a good line but wouldn't be caught dead in one even at 4.00 fuel. Maybe it takes 5 or 6 or 7 or 9 like most of the EU for people stop talking a good line and get real about it. When the public's ready to get real the automakers will get real.
Sort by:
Latest | Highest ratedFed's 'White Horse' GMAC Bailout Enables Consumer Credit Habit [View article]
Fed's 'White Horse' GMAC Bailout Enables Consumer Credit Habit [View article]
As Gas Prices Fall, Fuel Economy Loses Importance to Auto Shoppers [View article]
As Gas Prices Fall, Fuel Economy Loses Importance to Auto Shoppers [View article]
Ms Pelosi you and your ilk in washington have done no better with E85 infrastructure. The manufacturers stepped up and built the vehicles and the only thing you accompolished was subsidising the farmers into making E85 fuels with no infrastructure plan. Where is your PLAN!!! Stop being hypocritical and admit you have been culpable.
Say No to the Auto Industry Beggars [View article]
And by the way Mr West gold will take a serious hit in the evet of a US domestic automobile collapse from the gold used for module and harness connectors to the reduction in microprocessor volume and the gold used to plate the pins on them. Not to mention the massive decline that would occur in jewelry sales due to an exxessive fall in personal comsumer spending.
Say No to the Auto Industry Beggars [View article]
Say No to the Auto Industry Beggars [View article]
There is absolutly nothing natural about thios economic contraction you idiot. Unless letting the thugs of wall street act like like drunk gamblers in vegas natural economics. Note to self: Remind me to never subscribe to this individuals market finance newsletter. Given that statement he made I would be better off consulting Ronald Mcdonald.
Just how short the market are youat this time? Inquiring minds want to know.
Detroit's Big Three and the Democrats' Economic Illiteracy [View article]
users.rcn.com/jbarab/F...
Detroit's Big Three and the Democrats' Economic Illiteracy [View article]
actually no. The transplants drop kick their workers for dubious offenses just before they are elgiable to retire and thereby negate their entitlements. Now there havent been many retirees from transplants but there have been enough side stories to indicate that what I have said is true. Just like Honda made the OSHA dirty dozen list for working their US workers to death (literally) Just go google it (OSHA dirty dozen)
Detroit's Big Three and the Democrats' Economic Illiteracy [View article]
GM makes cars in china and Europe just to name 2 of 35 countries. GM is profitable in those countries. So at this point we can't blame the management. Apparently they can run a profitable auto venture.
The Foreign transplants can make cars here and make a profit using US workers so its not the U.S. workers per se.
So whats left. The UAW and legacy.
The Rules on Buybacks Ought to Be Changed for Citigroup [View article]
Citi's Management Looks Overmatched [View article]
Automakers: Bailout Arguments, Pro and Con [View article]
All of GM's brands are above averagew while many touted foreign brands are well below. This is a new survey as of this month.
www.jdpower.com/corpor...
Automakers: Bailout Arguments, Pro and Con [View article]
won't happen until the government gets its head out of its behind and fixes fuel prices at a minimum 3.50 to 4.00 That is the threshold where the public really gets behind buying a green or a smaller car. Without this its pointless as people wont buy. Lets get real here. The Toyota prius sold like crazy in the run up to 4.00 fuel. then it stalled or flatlined in sales voulume in july/august. And the total impact of the Prius nationwide was only 2% of the market. They had volume issues at first but they adjusted for it by early summer. The bottom line is that americans talk a good line about wanting hybrids but the reality is less than 2% of the cars sold in the USA last year were Prius hybrids. And thats at 4 dollars.
So wheres the disconnect? Are the green huggers screaming louder than everyone else on the web making it look like everyone just has to have one now. Or is everyone just chanting a good line but wouldn't be caught dead in one even at 4.00 fuel. Maybe it takes 5 or 6 or 7 or 9 like most of the EU for people stop talking a good line and get real about it. When the public's ready to get real the automakers will get real.
Automakers: Bailout Arguments, Pro and Con [View article]