Cramer's Stop Trading! Save General Motors (11/7/08) [View article]
America destroyed GM. When GM, Ford, and Chrysler re-developed their SUV's in the late 80's early 90's, Suburban, Blazer(Tahoe), Bronco(Expedition), Ramcharger(Durango), and their other highly gas consuming vehicles, the American public decided that these were a must-have for nearly 1 in 4 driveways in America. This wasn't The big 3's fault, they mearly marketed them to hold or grab a bit of market share from their counterparts inside of that consumer market. With the sudden surge of sales that these "beasts" created they were forced to shift focus to appease the wants of the American people. The people demanded more SUV's and light Trucks, so the Big 3 made them. Profits were good on these vehicles and customer demand never wained until the gas and economic crisis we have today.
Asian rivals begin to look like the big saviors because they never shifted focus from what they intended to present to the American people. Affordable transportation. That was it!!! Give the Americans quality and affordability, and if they want it they'll buy it. Remember, Asian manufacturers were continentally diversified by the 70's. It was just a different marketing approach for them. They wanted to provide transportation for the world. The Big 3 wanted to satisfy the people that helped invent the car culture, the American people. So who really let who down here? The ones that demand auto's on the flip of a dime, or the ones that try to provide them? In the 70's and 80's America said Asian cars were POS, we want American steel, then said they want bigger, more powerful vehicles, and YOUR Auto manufacturers resituated their ideas to provide you that. And now you tell them to burn in hell, it's all their fault. Nice...
On Nov 08 07:33 PM XeroJ. wrote:
> Cramer, > Why GM but not Lehman ? > What is the bias ? What about my donut shop ? > I need help too. > It's workers loyalty we are talking about. > Tell me who is destroying GM & Ford ? > Don't find excuses either.
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America destroyed GM. When GM, Ford, and Chrysler re-developed their SUV's in the late 80's early 90's, Suburban, Blazer(Tahoe), Bronco(Expedition), Ramcharger(Durango), and their other highly gas consuming vehicles, the American public decided that these were a must-have for nearly 1 in 4 driveways in America. This wasn't The big 3's fault, they mearly marketed them to hold or grab a bit of market share from their counterparts inside of that consumer market. With the sudden surge of sales that these "beasts" created they were forced to shift focus to appease the wants of the American people. The people demanded more SUV's and light Trucks, so the Big 3 made them. Profits were good on these vehicles and customer demand never wained until the gas and economic crisis we have today.
Nov 09 02:25 am
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All Comments by Vdogg »Cramer's Stop Trading! Save General Motors (11/7/08) [View article]
Asian rivals begin to look like the big saviors because they never shifted focus from what they intended to present to the American people. Affordable transportation. That was it!!! Give the Americans quality and affordability, and if they want it they'll buy it. Remember, Asian manufacturers were continentally diversified by the 70's. It was just a different marketing approach for them. They wanted to provide transportation for the world. The Big 3 wanted to satisfy the people that helped invent the car culture, the American people. So who really let who down here? The ones that demand auto's on the flip of a dime, or the ones that try to provide them? In the 70's and 80's America said Asian cars were POS, we want American steel, then said they want bigger, more powerful vehicles, and YOUR Auto manufacturers resituated their ideas to provide you that. And now you tell them to burn in hell, it's all their fault. Nice...
On Nov 08 07:33 PM XeroJ. wrote:
> Cramer,
> Why GM but not Lehman ?
> What is the bias ? What about my donut shop ?
> I need help too.
> It's workers loyalty we are talking about.
> Tell me who is destroying GM & Ford ?
> Don't find excuses either.