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Raymondjram

Raymondjram
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  • The whispers are developing into murmurs from automakers on plans to follow Google's lead and develop self-driving car concepts. While Google has already successfully auto-piloted its test car through traffic in Silicon Valley, major automakers start to ramp up. Nissan (NSANY.OB) unveiled a futuristic driverless car at a tech show - while Ford (F), Audi (VLKAY.PK), and BMW (BAMXY.PK) are in a testing phase. The end game: Down the road, the technology could be developed to automate simple driving in places such as college campuses or business complexes before hitting mainstream roads. [View news story]
    Computers didn't put accountants and secretaries out of work. The opposite happened: since the introduction of computers required training, their salaries actually increased and their workload improved. So "self-driving" cars will require more trained mechanics and engineers for servicing and put more people to work.

    Why do you need to sue a "self driving car"? Did you know that over 95% of car accidents are human related, and the highest cause is speed? If these cars are programmed to respect speed limits and traffic laws, there will be few accidents, and riding will be safer. I have experienced several automated transportation systems (some have moved millions with no incident), and they are really trustworthy.
    Your last question show how single-track minded you really are!
    Oct 29, 2012. 10:01 AM | 2 Likes Like |Link to Comment
  • General Motors, Unloved And Misunderstood [View article]
    I wish to know who are the idiots that constantly devaluate GM's stock, when other company stocks that sell much less have higher value. Their irrational logic actually will benefit GM, and prevent another bankruptcy because the largest stock owners will not sell until the value increases, and in return will not let their stock crash with a new bankruptcy. Meanwhile, GM continues to produce the best and most advanced vehicles on Earth, and their competitors will foolishly copy their ideas. Toyota will fail, VW will weaken, and GM will take over and keep the title as the largest automobile manufacturer. Go, GM!
    Oct 25, 2012. 12:22 PM | 3 Likes Like |Link to Comment
  • Just like that General Motors (GM +0.8%) is drawing young buyers after the company tried to refresh the brand's stodgy image, according to one of its execs. Two key metrics, the average age of buyers and the automaker's conquest rate (percentage of first-time buyers), are reported to be moving in the right direction. If the trends continue, Buick could be a meaningful bottom line driver for GM again. [View news story]
    I agree! I had GM vehicles since 1976, and my Dad had them since 1950. I presently have two now. GM vehicles last longer (my average is sixteen years per vehicle) so they sell less than imports, which are really "disposables" .
    Oct 16, 2012. 07:10 PM | Likes Like |Link to Comment
  • It's too early to tell which lighter-weight materials will become dominant in carmaking as tough new federal fuel-efficiency rules take hold, NYT reports. The Energy Department says reducing a car’s weight by only 10% can improve fuel economy 6%-8%; technologies showing promise in lightening vehicles are supported by $8M in awards the agency has doled out to the likes of GM, F and CAT[View news story]
    It depends what you consider more important: surviving an occasional accident or surviving the increasing gas prices. You can buy the safest vehicle in the world (such as a Hummer H1) but how much can you pay to actually use it? My 1995 Buick Regal survived an impact by a Ford Econoline Van , but it gets only 20 MPG. My next American vehicle will be lighter and get a better MPG since I want to save on gas. By now most of the imports on the road are lighter than the Americans (and Ford is selling a smaller van), so I know that I can survive the next accident.
    Oct 12, 2012. 07:37 PM | Likes Like |Link to Comment
  • General Motors (GM -0.6%) plans to introduce 13 new models for its Chevrolet brand in 2013 including refreshed versions of the Silverado pickup, Tahoe SUV, and Spark electric vehicle. The company says more younger buyers are considering buying Chevrolet vehicles after being off their radar for years. [View news story]
    I dare you to prove that last comment!

    GM knows who are the young drivers, and produces better vehicles. Although the Chevy Spark is new here, it has been sold worldwide in the MILLIONS under other names. So it is what younger drivers are considering buying worldwide already. Definitely, you don't know (and can't prove) what you posted!
    Oct 11, 2012. 06:54 PM | 1 Like Like |Link to Comment
  • General Motors (GM -0.6%) plans to introduce 13 new models for its Chevrolet brand in 2013 including refreshed versions of the Silverado pickup, Tahoe SUV, and Spark electric vehicle. The company says more younger buyers are considering buying Chevrolet vehicles after being off their radar for years. [View news story]
    If that was true (it isn't), then those "young People" are ignorant, easy to manipulate idiots who believe what they see on TV. GM products are much better and may cost more, but so does any product with better quality. If you believe that cheaper is better, go Hyundai, Honda, Kia, Mazda, Mitsubishi, Nissan, Subaru, or Toyota. If you want to pay through your nose for high prices relabeled copies, go for luxury imports. But if you want the best for the right price, buy American!
    Oct 11, 2012. 06:50 PM | 1 Like Like |Link to Comment
  • General Motors (GM -0.6%) and Ford (F -0.9%) could be in line for extra global sales in Q4 as rivals Toyota (TM -2%) and Honda (HMC -0.7%) reel from the double-whammy of large recalls and slumping sales in China. Analysts warn that a territorial dispute between China and Japan could keep an informal boycott of Japanese products in place for months, while the safety recalls for both automakers are another hit to their reputation for quality. [View news story]
    The U.S. should not back Japan since this disputed territory was Chinese, but invaded by Japan during its Imperial era (early 20th century). This was also the era when Japan needed to guarantee its oil supplies in the Pacific, and U.S. was a big "thorn" in its plans. So they planned the destruction of the Navy at Hawaii to scare us out of the Pacific. It backfired, and we nuked them twice, winning a terrible war. Now the U.S. is Japan's biggest customer, and China was its second.

    China will impose its might on Japan economically and probably will win. So the U.S. will back China, and gain China as its best trade partner. Japan will complain against the U.S, but it cannot lose us as a trading partner. Japan should have learned its lesson over 70 years ago!
    Oct 10, 2012. 07:59 PM | Likes Like |Link to Comment
  • The territorial dispute between China and Japan that sparked anti-Japan sentiment in China (previous) doesn't look like a short-term blip to auto sales, according to analysts. A new study from JPMorgan predicts auto exports to China from Japanese automakers such as Toyota (TM), Honda (HMC), Nissan (NSANY.OB) will crash 70% during Q4 and could stay low through 2013. Waiting in the wings: The flareup occurs with General Motors (GM) just coming off a record month in the nation and ramping up production plans. [View news story]
    I understand how the Chinese are reacting badly over territory that belongs to them since the 1930's, but this issue must be taken to the United Nations. Now if the United States reacted the same way to Japan over what they did to us in 1941, Japan will surely lose billions of dollars. Japan should accept their error, apologize, and give back the territory to China. It may be a political issue but it can cost them dearly.

    American and European manufacturers are taking advantage over the loss of Japanese sales and enjoying their sale increases in China. Good for them! China knows that the U.S. was the only nation to help them against Japan before World War II started (look for the "Flying Tigers") and as so will remain America's largest trade partner.
    Oct 9, 2012. 08:37 AM | Likes Like |Link to Comment
  • General Motors (GM) will recall over 462K Chevrolet, Pontiac, and Saturn sends from model years 2007 to 2010 to repair a transmission gear issue. [View news story]
    What are "sends"? GM should publish the exact vehicle models and years.
    Sep 21, 2012. 04:23 PM | Likes Like |Link to Comment
  • Credit Suisse puts itself out on a limb by calling out General Motors (GM) as a more attractive investment proposition than Ford (F) with a robust product cycle slated for 2013 and 2014. GM execs outlined yesterday at an investor conference how its product lineup will be almost completely turned over by 2016, while Ford seems to be making bigger bets that reworked models such as its Fusion sedan will create a splash in the market. [View news story]
    Yes, it is completely idiotic naming the cheap imports here when no one asked about them!
    Sep 20, 2012. 01:17 PM | 1 Like Like |Link to Comment
  • The European Automobile Manufacturers Association reports that new passenger car registrations fell 8.9% Y/Y in August as the sluggish trend in the industry shows no signs of abating. Key market Germany saw demand contract by 4.7%, while in France and Italy double-digit declines don't paint a pretty picture. [View news story]
    It works best when eliminating the top paying jobs. Most don't deserve it. GM has already taken out hundreds of top executives in America and some at Opel, so it really works!
    Sep 19, 2012. 09:07 PM | Likes Like |Link to Comment
  • In the zero-sum game of auto sales, General Motors (GM +1.5%) and German automakers such as BMW (BAMXY.PK) and Volkswagen (VLKAY.PK) could benefit from the wave of anti-Japan protests across China, while Honda (HMC +1.9%), Toyota (TM +1.0%), and Nissan (NSANY.OB) suffer a loss of market share. The trio of Japanese automakers already reported attacks on dealerships and have cut production in the region. [View news story]
    China didn't need to attack Japanese dealerships. A boycott and higher tariffs will work with no violence. Lets see when Americans will boycott and apply tariffs to Japanese dealerships!
    Sep 19, 2012. 08:58 PM | Likes Like |Link to Comment
  • Don't You Dare Buy General Motors Stock [View article]
    If everyone compared manufacturer's models like you did between the Cruze and the Volt, no one will buy Lexus because they are just expensive Toyotas, nor Infiniti because they are just expensive Nissans, nor Acura because they are just expensive Hondas.

    So you have proven that millions of luxury import buyers are as stupid as anyone buying a Volt. I consider import buyers pure idiots, anyway. I hope those import buyers read your words, cancel all future purchases, and return their purchased vehicles for refunds on the price differences. Then they should buy American cars and keep that cash in America!
    Sep 19, 2012. 08:24 PM | 2 Likes Like |Link to Comment
  • As it looks to return to profitability in Europe, Ford (F) is preparing to restructure its operations in the region and close a factory, possibly a 4,000-staff facility in Genk in Belgium, the WSJ reported yesterday. Meanwhile, GM is in talks with labor unions to close an aging plant in Bochum in Germany as it also struggles to turn around major losses. [View news story]
    All major business do that. It is "business as usual". The CFO will identify where the business is losing money and the CEO will "execute" the decision to cut the losses.

    I have seen a famous brand close a store after a few months because that store didn't reach their monthly sales forecast. BTW, the brand initials is "BB" and they use "Geeks". I took advantage of the store closeout and bought a Samsung receiver (original price tag : $800) for only $250!
    Sep 13, 2012. 08:53 PM | Likes Like |Link to Comment
  • GM's Chevrolet Volt And What You Need To Know About The Unpredictable Future For Electric Cars [View article]
    The Volt of GM never go where?
    How do you justify those who buy $100,000 sports cars? Now that is too expensive, but who cares? The Volt can last over 50 years if well cared, since the electric motor has very little wear, the gas engine is hardly used (less than 10% of a regular gas car), and you will use little or no gas. So it is an investment into your future, not an "expense"!
    Sep 12, 2012. 08:47 PM | 1 Like Like |Link to Comment
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