M5 Expert (>4000)
Join Date: Aug 2003
Thanked 708 Times in 373 Posts
Hopefully you realize that the new CTS-V and many other recent GM releases were on the drawing board years ago when they were in the black. GM tends to make more profit when they increase production by widening the use of a particular base powerplant like the Corvette V8. This pushrod powerplant may offer a greater profit margin than the 32v Cadillac motor.
You are a real good monday morning quarterback. Do you happen to know the last quarter business results for BMW and Mercedes? Are they making good profit or selling mostly econoboxes? Let me give you a hint...even Toyota lost money and sales drooped almost 50%. Companies struggling in the current climate that involving tight credit and consumer restraint are not necessarily to blame. The powerful auto union & huge number of retirees have a large ball and chain strapped to GM & Ford. Folks who suggest closing company doors have not considered where the funds will come from to feed & provide health care for these people; GM & Ford cover americans that approach millions. This would produce a domino effect that would take out huge industries like steel, electronics etc. If GM fails, Obama will take the money out of your paycheck to feed the millions of families that are affected. This all compels me to buy a GM car. I'd rather pay them for shoddy work than hand them food stamps and other welfare. The solution to our financial woes does not involve reducing production and increasing imports.
Resolve never, screw genuine.
Last edited by Lscman; 24th November 2008 at 03:31 AM.