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#31
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Oh, and they sold their old building to the State of Michigan, so they probably made out like a bandit...
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#32
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Hey Jim!
I didn't know that about their old building and the sale. The fellow that told me about the RenCen, couldn't give me many details. I don't know what building Chrysler bought either. Maybe I misunderstood, and it's not in Windsor after all. I always liked Windsor...even the Windsor ballet ![]() -Larry
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It is a truism that almost any sect, cult, or religion will legislate its creed into law if it acquires the political power to do so. Robert A. Heinlein 09 Jetta TDI 1985 300D |
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#33
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Well lets see Honda's and Toyota's are made in America by Americans. Most Fords are made in Mexico or Canada, as are GM's. So feel good driving the Canadian made GM product knowing that you are supporting Canadian auto workers. I'll keep my Camry and support the good old boys in Kentucky.
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2006 CL500 2009 C300 4matic 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
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#34
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I'll drive my GMs and enjoy them. Enjoy your beer cans and money going to japan (which has beautification laws meaning obsolescence).
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1983 300D 326,000mi (RIP) 1982 Corvette Collectors Edition "Theres a little bit of Van Halen in everyone and Im just trying to bring it out" -David Lee Roth "We shape our buildings and afterwords our buildings shape us" -Winston Churchill Last edited by Finix2835; 12-20-2005 at 11:19 PM. |
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#35
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I think I have stock in Toyota, so lots of Americans make money off them. In the new global market place everything is international and connected. If the Japanese economy tanks so will ours.
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2006 CL500 2009 C300 4matic 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
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#36
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....and the profits from those American made ricers? Goes straight back to Japan. Including the interest, if financed through honda/toyota credit. How easily people forget that just a few years ago Asian vehicles were dangerous, rust prone, econobox vehicles with no resale value. Toyotas and Hondas are not built better. They have their fair share of very expensive problems. The asians are very adept at covering up ther dirty laundry. Many of the so-called "junk cars" built by American car manufactures were really asian vehicles with a American nameplate. So there. Toyota and Honda don't spend money on things that any long term employee would wish for: health care and pension plans. For every vehicle GM builds, over $1500.00 of the cost is for health care. I say it's time we bring back trade restrictions for asian vehicles. That's what saved Harley-Davidson back in the early '80s. Look at Harley today. The real truth is the the asians are flooding the market, thus bringing overall prices down. Planned obsolescence??? Huh? Try getting parts for a ten year old domestic car, then try getting parts for a ten year old asian vehicle. The answer is the same at the dealer level and the part store level. Sorry Charlie, I don't buy that, btw, I managed a auto parts store for many years. I saw it with my own eyes, Hondas and Toyotas run great for the first 100k, then they need expensive repairs and get dumped. If you want real luxury take a ride in a true world class Cadillac with the Northstar v8. Fuel economy in the mid twenties, 0-60 in 6.5ish seconds, and reliability and luxury second to none, including Toyota and Honda. As certified by J.D. Powers surveys. Whatever happened to really buying American? |
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#37
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#38
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Oh, btw, I forgot:
LONG LIVE GM
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#39
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The GM story is unfolding as we speak. Recently the honcho over there, Wagoner wrote an op ed in the WSJ talking up the situation as he sees it for GM. He's trying to say that they are being held for ransom by the union without saying it directly. Healthcare costs etc are very high. Well, you still have to sell product. And GM has been lagging in the design area for some time. They have kept models in production too long and don't respond very well to foreign maker innovations. Go ahead steal the innovations, why not?
Anyway, it's not a buy in my book until it gets down around $10 per share. But, GM has many good assets, and is here to stay in some form. But when you buy it, you'll want to keep it for awhile. It certainly has the potential to do a Chrysler like turn around. But will need new leadership and to get rid of those middle managers.
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2010 CL550 - Heaven help me but it's beautiful 87 300D a labor of love 11 GLK 350 So far, so good 08 E350 4matic, Love it. 99 E320 too rusted, sold 87 260E Donated to Newgate School www.Newgateschool.org - check it out. 12 Ford Escape, sold, forgotten 87 300D, sold, what a mistake 06 Passat 2.0T, PITA, sold Las Vegas NV |
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#40
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Speaking of 100K mile expensive repairs and then mentioning a northstar is appropriate... American cars are garbage. So are japanese cars. So are german and Italian cars... So are swedish cars...? Perhaps if people quit BUYING them altogether they'd make them better? I dunno, something went wrong the day an orange peel paint job came on a $150'000 car. But when you just have to have the newest, shiniest hood ornament...
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#41
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The problems that people bellyache about the Northstar are due to a lack of service at prescribed intervals. Blown headgaskets wouldn't happen if people changed the coolant every five years, instead of never doing it.
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#42
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Te futueo et caballum tuum 1986 300SDL, 362K 1984 300D, 138K |
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#43
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I've spent many hours driving big GMs, Caprices and the like, former cop cars often as not when I was driving cab. Solid cars, but boat like. I've had a Chevy G-10 van for years and it is one reliable rig.
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Te futueo et caballum tuum 1986 300SDL, 362K 1984 300D, 138K |
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#44
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They sold it for $1 to the state. It's also written into the agreement that the state must not let it run down or be destroyed artifically or by time.
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Adam Lumsden (83) 300D Vice-President of the MBCA International Stars Section |
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#45
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Wait a minute! We just bought it! It's paid with MI1040 paper...
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