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Originally Posted by Hatterasguy
They are trying, I'll give them that much. I like the new Vette, the engineering and quality they put into those things is a bargin for $50k. The old Vette's however are POS plastic rattle traps.
Stick a 1990 Vette next to an 07 Z06!  Night and day.
The problem is the average public who don't follow things like this as close as we do, still preceve GM as building junk.
The real queston is can GM turn a profit before the clock runs out? Will York, Kirk's henchman force them to sell off Sabb? Kill Pontiac? Will the $14B thats coming in over the next 3 years from the sale of GMAC be enough to aid in the turn around?
Meanwhile Toyota is figuring out what to do with the billions they have in the bank.
Its an interesting story to watch play out thats for sure.
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You raise some good points.
GM needs to (and will) kill Buick, Ponitac, SAAB, and all the little junk they have bought for no good reason over the years...) and keep Chevy, Caddy, Hummer, and Saturn.
It's a no brainer.
La Crosse is the "bank" just like Aurora was for Olds. Once that is killed, Buick is a gonner. Pontiac is next. Face it. Once the Camaro comes back... you'll have the Vette and the Camaro... the GTO is a total joke and a half... they COULD have saved Pontiac with the GTO, (think Dodge Charger) -- but GM is simply too stupid to make it happen.
I understand Saturn now has a sporty thing... but don't know about it.
Saab could have been an ass-kicking brand for GM, but they totally made a joke of it with the Subaru ***** they pulled. -- A real shame. Saabs were a blast to drive when they weren't junk.
The way I see it, the only other choice is for merge. Similar to Benz-Chrysler... which, face it, isn't going to happen. The brand is junk right now.
Caddy... that's another story. I don't know what the hell they were thinking when they ported the vette to that Caddy deal, but aside from that, there is hope. The Caddy Suburban (Hahahaha, Sorry, Escalade) makes GM a TON of cash. It's a friggin Suburban with leather and it rings the register like mad.
Oh well... We'll see. I own the stock, and it's a dog. But I got it as a toy...