GM in talks to buy Chrysler?
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quote:Originally posted by shoff14
http://www.msnbc.msn.com/id/17186447/
Interesting. It could give GM access to a bit of Mercedes technology, which could be helpful to making the whole line of vehicles better.0 -
At first thought, I don't see the pay off. Mercede Tech...vs Cadilac Tech? I think GM's biggest problem is its "LEGACY LIABILITY". It has too many old people on pensions, and too many medical bills. The Japs in America do not have this problem. 0 -
quote:Originally posted by Captplaid
At first thought, I don't see the pay off. Mercede Tech...vs Cadilac Tech? I think GM's biggest problem is its "LEGACY LIABILITY". It has too many old people on pensions, and too many medical bills. The Japs in America do not have this problem.
My Dad worked for GM for 31 yrs. My Mom has been drawing his pension for 29yrs. since his death.0 -
quote:Originally posted by Captplaid
At first thought, I don't see the pay off. Mercede Tech...vs Cadilac Tech? I think GM's biggest problem is its "LEGACY LIABILITY". It has too many old people on pensions, and too many medical bills. The Japs in America do not have this problem.
I agree with you on that measure. But, part of GMs problem is that some of their vehicles aren't well-built, especially compared to European and Japanese counterparts. Some are very well-built.
I could get into a whole tangent on unions, but I think the place got heated enough yesterday.0 -
quote:Originally posted by spanielsells
quote:Originally posted by Captplaid
At first thought, I don't see the pay off. Mercede Tech...vs Cadilac Tech? I think GM's biggest problem is its "LEGACY LIABILITY". It has too many old people on pensions, and too many medical bills. The Japs in America do not have this problem.
I agree with you on that measure. But, part of GMs problem is that some of their vehicles aren't well-built, especially compared to European and Japanese counterparts. Some are very well-built.
I could get into a whole tangent on unions, but I think the place got heated enough yesterday.
I think GM's quality kicks butt. However, what scares me is the large corporations that have been around for over 50 years that are dumping there payrolls on the government. I work for a company that is also the largest of the three domestic manufactures in the industry and has a large "legacy liability". Makes me wonder if there will be a pension in 30 years, and if I should be looking elsewhere or gamble that it will be there.
People talk about Social Security won't be there in 30 years. Heck social security is minor supplement compared to the pension plans.0 -
quote:Originally posted by select-fire
quote:Originally posted by Captplaid
At first thought, I don't see the pay off. Mercede Tech...vs Cadilac Tech? I think GM's biggest problem is its "LEGACY LIABILITY". It has too many old people on pensions, and too many medical bills. The Japs in America do not have this problem.
My Dad worked for GM for 31 yrs. My Mom has been drawing his pension for 29yrs. since his death.
IMHO I believe your father, for his 31 years of labor for GM, deserved and earned what he and your mother have recieved. That's a long, dedicated career, and he stayed on through some very hard times in the industry. I don't understand those that begrudge these people what they recieve and applaud the Japanese for doing less for their employees when they damn sure don't sell their products for less.0 -
quote:Originally posted by Dak To 68
quote:Originally posted by select-fire
quote:Originally posted by Captplaid
At first thought, I don't see the pay off. Mercede Tech...vs Cadilac Tech? I think GM's biggest problem is its "LEGACY LIABILITY". It has too many old people on pensions, and too many medical bills. The Japs in America do not have this problem.
My Dad worked for GM for 31 yrs. My Mom has been drawing his pension for 29yrs. since his death.
IMHO I believe your father, for his 31 years of labor for GM, deserved and earned what he and your mother have recieved. That's a long, dedicated career, and he stayed on through some very hard times in the industry. I don't understand those that begrudge these people what they recieve and applaud the Japanese for doing less for their employees when they damn sure don't sell their products for less.
Amen. Don't hear much about how Toyota treats it's retirees compared to General Motors. Don't hear the story about the health care of a retired Honda employee in Japan compared to the cost and benefits of American employee.
You would think the far left would care about how Honda treats it's retirees more than MPG.0 -
quote:Originally posted by spanielsells
quote:Originally posted by shoff14
http://www.msnbc.msn.com/id/17186447/
Interesting. It could give GM access to a bit of Mercedes technology, which could be helpful to making the whole line of vehicles better.
I doubt if Mercedes/Daimler wants to be shackled with GM. Daimler will probably sell off the entire Chrysler line to GM, laugh, and say thanks for the memories.0 -
GM doesn't need to buy out anybody. What they need to do is get rid of whoever it is designing these new vehicle models and get some people in there who can design a good looking vehicle. I have, up to this point, owned nothing but Chevrolets. I think the current trucks they build are so ugly that I bought a ford truck for my wife instead. I also can't look to Chevrolet for a sports car that i can afford. They have the Corvette and that's it. I'll Go buy a Mustang, tweak the car a little, And run circles around any production corvette for less than half the money. That is why GM is a sinking ship. Unless they realize this and fix the problem, they will lose to many of there dedicated buyers, like me. By the way, the new Camaro they expect to put into production is about the ugliest thing on four wheels I have ever seen, except for the new truck design they came up with. They haven't made a good looking truck since 1998 in my opinion.[xx(] 0 -
GM Ford...all the same problem, the mob[union] telling them what to do, runs the price up way too high sales go down , blah blah blah 0 -
quote:Originally posted by civiliansoldier
GM doesn't need to buy out anybody. What they need to do is get rid of whoever it is designing these new vehicle models and get some people in there who can design a good looking vehicle. I have, up to this point, owned nothing but Chevrolets. I think the current trucks they build are so ugly that I bought a ford truck for my wife instead. I also can't look to Chevrolet for a sports car that i can afford. They have the Corvette and that's it. I'll Go buy a Mustang, tweak the car a little, And run circles around any production corvette for less than half the money. That is why GM is a sinking ship. Unless they realize this and fix the problem, they will lose to many of there dedicated buyers, like me. By the way, the new Camaro they expect to put into production is about the ugliest thing on four wheels I have ever seen, except for the new truck design they came up with. They haven't made a good looking truck since 1998 in my opinion.[xx(]
Agree with the above. Ford retroed the 69 Mustang and made a winner. Chevy should have made a 50th anniversary retro of the '57 chev. for '07. That car DONE RIGHT would have, by itself, pulled GM off the ropes. I would buy one and I'm not a chevy fan at all, unless of course we're talking old chevy trucks. Done wrong, like that squashed down turd of a lookin thing that's supposed to look like a '50s chev pickup[xx(], and it's just more GM junk. GM car designers need to scrub out the doobies out and get to work.0 -
The retro Mustang IS a great car in every way, particularlly in the "what you get for the money" department. The retro Mustang, '57 Chevy, SSR, Prowler etc. are specialty niche vehicles, and though they attract attention, they, by themselves, don't have the sales volume to pull these companies off the ropes. It's going to take strong, intelligent management, something I've seen a lack of in our domestic automobile corporations. I've come to think the industry is in a readjustment period. It may be as simple as market saturation with brands, models, and number of dealerships. Sales markets of every type sometimes find themselves in this situation, and the companies involved have no choice but to adjust to the prevailing market. The overall number of vehicle sales has really not dropped, due to a proliferation of brands, models, and dealerships in the last 10-15 years the slices of the "pie" have grown smaller. Only the strong survive. 0 -
That would be the end of Chrysler in my opinion. GM would buy them to shut them down, or ruin the nice designs coming out of Chrysler.
Benz will not be included in the deal they are the ones wanting to spin off the non-profitable Chrysler division. Its Union benefits and costs again folks, the Unions are History, they just havent figured it out yet. Dumb as a bag of hammers!0 -
I believe that it would ultimately spell the end for both of them. GM needs to work more on what it already markets - not add another brand or design. Oldsmobile, a fond memory, is just one example of what happens when a car company loses its focus. Cadillac - despite its hefty price tag - is no longer synonymous with true luxury and affluence. Hip-Hop maybe. Buick is on and off of life support, depending upon the model year. GM needs to make their brands much more desireable and not just by offering 0% and outrageous rebates. Quality. Reliability. Design. Ergonomics. Creature Comfort.
I used to drive GM's up until the 90's. It's been Honda, Subaru or Toyota ever since and I have not been disappointed one bit.0 -
I would love to see GM buy the one division of Chrysler that I heard was most profitable. That would be the JEEP line.
Can you imagine a remake of the 1986 CJ7 line (last year but had the wider axles of the Wrangler) with a small block Chevy. Maybe the current 5.3 Vortec or an older 350 high output with a auto transmission. It would be a screamer that even my wife wouldn't mind driving.
Another would be the Wangler Unlimited with a bigger V-8, and maybe, even, a BIG BLOCK. Can you say "WOW".
Think about it. Some guys have a old classic in the garage, others, a convertible, and still others, a big 4X4. With this one vehicle, you could have all 3.
Not to mention that people would be backed around the corner of their local dealerships to buy one.0 -
Also, slow hand is right. I remember walking into an oldsmobile dealer in about 1988 and commented that when they stopped making the rear wheel drive Cutlass Supreme, they were signing their own death warrant. Little did I know just how correct I was. 0 -
Must be trying to build a complete package that they can to sell to Toyota. 0
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