GM getting ready for bankruptcy

manta · 06-01-2009, 01:43 AM

Quote:

Car giant General Motors is expected to file for bankruptcy protection later on Monday, marking the biggest failure of an industrial company in US history.

http://news.bbc.co.uk/2/hi/business/8075818.stm

they made ugly cars anyway, except the mustang

Silverblade · 06-01-2009, 01:50 AM

The end is near.

Freshgrease · 06-01-2009, 01:58 AM

Quote:

Originally Posted by manta

http://news.bbc.co.uk/2/hi/business/8075818.stm

they made ugly cars anyway, except the mustang

You do realize that the Mustang has and always will be made by Ford (a completely separate company)? Ford refused bailout money, and such they won't suffer the bait-and-switch the feds did to GM.

If GM was smart, they would have not delayed the Camaro and Volt releases. There were reports that there were no shortage of preorders for Camaros, and there were people begging for this car. Had they released it, they wouldn't be in this predicament. I doubt, with the socialization of Obama's new car company, we will be seeing a Camaro (unless its a 140HP hybrid.)

OG · 06-01-2009, 02:03 AM

^ i lol at that mustang comment too XD

GM's been in trouble for a LONG TIME, its bound to happen

Freshgrease · 06-01-2009, 02:13 AM

All I can say is that I have had my truck (or atleast in the family) for 15 years, and we havn't had a car payment since 1999 on it. Only 115K miles, but old Chevy products are good. Cars keep getting shittier and shittier as the years go on as they try to increase profits.

manta · 06-01-2009, 02:15 AM

yea my bad lol i meant the camaro doh anway its just that the new camaro looks similar so I just know about companies not much about cars.

Freshgrease · 06-01-2009, 02:22 AM

It's ok. Ford, Chevy, and Dodge all have their sports cars. I didn't know what the Dodge Challenger was until my dad told me about how it looked similar to an old one.

I'm sold on getting an F150 (fricken sweet when I test drove one) after hearing GM took the fall. Cars are great, but trucks are more practical for my uses.

zer0systm · 06-01-2009, 04:10 AM

i find it funny how GM is going under and yet the Australian subsidiary Holden is stronger than ever, i don't know how it goes over int he US but over here the main rivalry is between Holden and Ford, there are the V8 supercar race series which is only Holden Vs Ford, the rivalry is no as strong as it was 10 years ago with asian companies like Toyota, Mazda and Mitsubishi finally starting to compete with the 2 overlords of the Aus car market.

lol, im Aussie and i know the mustang is a Ford car..

Matthekage · 06-01-2009, 04:23 AM

Quote:

Originally Posted by zer0systm

i find it funny how GM is going under and yet the Australian subsidiary Holden is stronger than ever, i don't know how it goes over int he US but over here the main rivalry is between Holden and Ford, there are the V8 supercar race series which is only Holden Vs Ford, the rivalry is no as strong as it was 10 years ago with asian companies like Toyota, Mazda and Mitsubishi finally starting to compete with the 2 overlords of the Aus car market.

lol, im Aussie and i know the mustang is a Ford car..

Yeah, Mitsubishi was right on the brink. They seem to be on their way back, with the new models. Especially, the new lancer. The evo X version looks pretty cool.

maddog · 06-01-2009, 07:24 AM

@FG: F150 guzzles up too much gas though. but if gas prices are ok, F150 is a good buy.

as far as asian cars, i've always been loyal to Toyota (currently have a Vios). but i also admire Honda. hoping to have a CRV.

i guess the publicity given to Camaro by the movie Transformers was not enough to save GM...

Freshgrease · 06-01-2009, 11:09 AM

If I could afford a Nissan 370Z I'd go get that. I fricken love those cars.

manta · 06-01-2009, 11:11 AM

it doesnt matter if ur aussie japanese american w/e if some1 doesnt know about cars then they dont know all i know is some cars look good and honda, since where i live street racing is all about hondas

TheSixthHokage · 06-01-2009, 11:20 AM

GM was caused by American protectionism since the 1950's in regards to delivering the North American market to the "Big Three," Ford, Chrysler and GM. Anyone who has analyzed this industry knows unlike Germany or Japan, America has not streamlined or modernized its production capacities as effectively, the American auto unions ask for way more than their competitors and these 3 companies haven't paid as muchattention to the global consumer. You reap what you sow.

zer0systm · 06-01-2009, 11:35 AM

Quote:

Originally Posted by manta

it doesnt matter if ur aussie japanese american w/e if some1 doesnt know about cars then they dont know all i know is some cars look good and honda, since where i live street racing is all about hondas

Cry Moar... .

kluang · 06-01-2009, 11:53 AM

Seems bumblebee wasnt enough to save GM

06-01-2009, 01:50 AM	#2
Silverblade Missing-Nin Join Date: Mar 2007 Location: Brooklyn Posts: 1,681 Thanks: 355 Thanked 590 Times in 275 Posts	Re: GM getting ready for bankruptcy The end is near.

06-01-2009, 02:03 AM	#4
OG [잊지 말아요] Join Date: Aug 2005 Age: 25 Posts: 7,624 Thanks: 2,234 Thanked 4,183 Times in 1,816 Posts	Re: GM getting ready for bankruptcy ^ i lol at that mustang comment too XD GM's been in trouble for a LONG TIME, its bound to happen __________________

06-01-2009, 02:13 AM	#5
Freshgrease ▂▅▇█▓▒░◕‿‿◕░▒▓█▇▅▂ Join Date: Feb 2005 Age: 25 Posts: 4,112 Thanks: 1,489 Thanked 1,005 Times in 546 Posts	Re: GM getting ready for bankruptcy All I can say is that I have had my truck (or atleast in the family) for 15 years, and we havn't had a car payment since 1999 on it. Only 115K miles, but old Chevy products are good. Cars keep getting shittier and shittier as the years go on as they try to increase profits. __________________

06-01-2009, 02:15 AM	#6
manta No Leaf Clover Join Date: Mar 2008 Location: Tropic Age: 26 Posts: 411 Thanks: 1,017 Thanked 1,357 Times in 703 Posts	Re: GM getting ready for bankruptcy yea my bad lol i meant the camaro doh anway its just that the new camaro looks similar so I just know about companies not much about cars. __________________

06-01-2009, 02:22 AM	#7
Freshgrease ▂▅▇█▓▒░◕‿‿◕░▒▓█▇▅▂ Join Date: Feb 2005 Age: 25 Posts: 4,112 Thanks: 1,489 Thanked 1,005 Times in 546 Posts	Re: GM getting ready for bankruptcy It's ok. Ford, Chevy, and Dodge all have their sports cars. I didn't know what the Dodge Challenger was until my dad told me about how it looked similar to an old one. I'm sold on getting an F150 (fricken sweet when I test drove one) after hearing GM took the fall. Cars are great, but trucks are more practical for my uses. __________________

06-01-2009, 04:10 AM	#8
zer0systm Antagonist Join Date: Jun 2008 Location: West. Australia Age: 24 Posts: 1,012 Thanks: 4,259 Thanked 8,041 Times in 2,867 Posts	Re: GM getting ready for bankruptcy i find it funny how GM is going under and yet the Australian subsidiary Holden is stronger than ever, i don't know how it goes over int he US but over here the main rivalry is between Holden and Ford, there are the V8 supercar race series which is only Holden Vs Ford, the rivalry is no as strong as it was 10 years ago with asian companies like Toyota, Mazda and Mitsubishi finally starting to compete with the 2 overlords of the Aus car market. lol, im Aussie and i know the mustang is a Ford car.. __________________ Never take life seriously. Nobody gets out alive anyway.

06-01-2009, 07:24 AM	#10
maddog Chuunin Join Date: Apr 2009 Location: Philippines Posts: 730 Thanks: 126 Thanked 137 Times in 110 Posts	Re: GM getting ready for bankruptcy @FG: F150 guzzles up too much gas though. but if gas prices are ok, F150 is a good buy. as far as asian cars, i've always been loyal to Toyota (currently have a Vios). but i also admire Honda. hoping to have a CRV. i guess the publicity given to Camaro by the movie Transformers was not enough to save GM... __________________ I HATE IT WHEN INNOCENT PEOPLE DIE ...

06-01-2009, 11:09 AM	#11
Freshgrease ▂▅▇█▓▒░◕‿‿◕░▒▓█▇▅▂ Join Date: Feb 2005 Age: 25 Posts: 4,112 Thanks: 1,489 Thanked 1,005 Times in 546 Posts	Re: GM getting ready for bankruptcy If I could afford a Nissan 370Z I'd go get that. I fricken love those cars. __________________

06-01-2009, 11:11 AM	#12
manta No Leaf Clover Join Date: Mar 2008 Location: Tropic Age: 26 Posts: 411 Thanks: 1,017 Thanked 1,357 Times in 703 Posts	Re: GM getting ready for bankruptcy it doesnt matter if ur aussie japanese american w/e if some1 doesnt know about cars then they dont know all i know is some cars look good and honda, since where i live street racing is all about hondas __________________

06-01-2009, 11:20 AM	#13
TheSixthHokage S-Ranked Shinobi Join Date: Mar 2009 Location: Hokage's Office Posts: 2,676 Thanks: 952 Thanked 1,017 Times in 587 Posts	Re: GM getting ready for bankruptcy GM was caused by American protectionism since the 1950's in regards to delivering the North American market to the "Big Three," Ford, Chrysler and GM. Anyone who has analyzed this industry knows unlike Germany or Japan, America has not streamlined or modernized its production capacities as effectively, the American auto unions ask for way more than their competitors and these 3 companies haven't paid as muchattention to the global consumer. You reap what you sow. __________________

06-01-2009, 11:53 AM	#15
kluang One Punch Man Join Date: Apr 2006 Posts: 6,418 Thanks: 3,186 Thanked 4,659 Times in 2,099 Posts	Re: GM getting ready for bankruptcy Seems bumblebee wasnt enough to save GM __________________ To err is human, to forgive, divine. Humans aren't machines... they have souls, feelings. They live, they die, they love, they hate... And yes, they even make mistakes..... When kluang finds you creepy and wrong then you are beyond horrible. He who fights with monsters should look to it that he himself does not become a monster. And when you gaze long into an abyss the abyss also gazes into you. Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe. Quis custodiet ipsos custodes? Being Malaysian is about driving in a German car to an Indian restaurant for an Indonesian food, then travelling home, grabbing a Pakistani kebab on the way, to sit on Swedish furniture and watch American shows on a Japanese TV. Because we have no originality.

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