GM Deathwatch

[PeteLeathersac]

I was gonna' post this below news blurb link about the company that purchased Hummer but can't find the GM Deathwatch thread...I expect it was deleted because of the foolish postings going on?.


~ Pete

Hummer Link...
http://en.autos.sympatico.msn.ca/new...entid=20213936

[Chevy454]

[ QUOTE ]
I was gonna' post this below news blurb link about the company that purchased Hummer but can't find the GM Deathwatch thread...I expect it was deleted because of the foolish postings going on?.


~ Pete

[/ QUOTE ]
Indeed...the last thread was pulled because it was headed into the dreaded "political DMZ"...let's try and keep this thread on topic, please. Carry on...

[JoeG]

Just heard something interesting..There's some Senators that realise that having a task force of hundreds of people in the Government dictating all kinds of lobbyist polices to GM is gonna be destructively counterproductive---
So in an hail mary attempt to block the Government's micro managing of GM these Senators are proposing to pass a bill to actually issue all GM shareholder stock to all American taxpayers who paid their taxes this year ,since it was our taxpayer money that bailed out GM ...thereby getting the Government fingers out of the GM pie .....Should be interesting.........

[442w30]

Rob, did you see my reply in respect to your question on the dealer closings?

[70 copo]

[ QUOTE ]
Just heard something interesting..There's some Senators that realise that having a task force of hundreds of people in the Government dictating all kinds of lobbyist polices to GM is gonna be destructively counterproductive---
So in an hail mary attempt to block the Government's micro managing of GM these Senators are proposing to pass a bill to actually issue all GM shareholder stock to all American taxpayers who paid their taxes this year ,since it was our taxpayer money that bailed out GM ...thereby getting the Government fingers out of the GM pie .....Should be interesting.........

[/ QUOTE ]

I agree.. Any links to news stories??

[JoeG]

Sen.Lamar Alexander (R-Tn)...is the gentleman spearheading the bill that would transfer all the Government owned GM stock back to Americans who paid their taxes this year....

[Fhakya]

Just got this email. WOW..gotta like the disclaimer at the end (last line of text). Whole situation is kind of heartbreaking.

Dear M. Holman,

As you may know, GM is using an expedited, court-supervised process to accelerate the reinvention of our company. At the core of that reinvention is a commitment that we will put the customer first in all that we do — starting with great cars, trucks and crossovers, and the best sales and service experience possible. We want to earn your trust in several ways, including:

GM Dealers — They are very much open for business and ready to meet your sales and service needs. And even though we are seeking buyers for our Saturn and Saab brands, have just announced the selection of a buyer for the HUMMER brand, and have decided to eventually phase out Pontiac, those dealerships also remain open and ready for service. The bottom line is service for GM vehicles will always be available through authorized GM retail and service facilities by GM-trained Goodwrench experts, with Genuine GM Parts on hand.

GM Vehicles — At this, the most important moment in the history of our company, our dedication to high-quality, fuel-efficient and outstanding-value vehicles has never been greater. Purchase a new GM product, and we stand behind it with a U.S. government-backed,1 comprehensive 100,000-Mile/5-Year Powertrain Limited Warranty.2 Combined with Roadside Assistance and Courtesy Transportation Programs, it is the Best Coverage in America. As I said before, our GM dealerships are very much open for business, and banks and credit unions are lending and continue to offer some of the best rates available to qualified buyers. To find information about GM dealerships in your area, please visit GM.com/vehicles/dealer.

General Motors — For over 100 years, GM has fueled America's passion for the automobile. Propelled by the spirit and commitment of our people, we will become the New GM, a company that makes Americans proud, and one that can compete successfully with anyone in the world. All of us at GM are confident that we will emerge a leaner, stronger company for you, offering the most compelling vehicles possible from our Chevrolet, Buick, GMC and Cadillac brands.

Thank you for your interest in our GM vehicles. As we move forward, I invite you to stay up to date on our promising new future by visiting GMreinvention.com.

Sincerely,
Troy A. Clarke, Group Vice President, GM North America
Troy A. Clarke
Group Vice President
President, GM North America
1) Government-backed warranty for GM vehicles purchased from March 30 – July 31, 2009.

[Chevy454]

[ QUOTE ]
Rob, did you see my reply in respect to your question on the dealer closings?

[/ QUOTE ]
No, I didn't...I musta missed all of that fun!

[427TJ]

[ QUOTE ]
Just heard something interesting..There's some Senators that realise that having a task force of hundreds of people in the Government dictating all kinds of lobbyist polices to GM is gonna be destructively counterproductive---

[/ QUOTE ]

Keep in mind that it was GM management that made one destructively counterproductive decision after another for the past 40 years. If GM had made the tough decisions (yes, standing up to to the UAW in certain cases) and had really paid serious attention to Japanese and German automakers as they caught up and surpassed GM in build quality/fuel efficiency/labor agreements/etc., then the government would not have been put in the position of having to bail GM out. Keep in mind also, that had John McCain been elected then he would be in the very same political pickle that Obama has been put in. Thousands of jobs, not just at GM but at hundreds of support companies, being lost every day, and the (voting) public crying out for something to be done about it. If GM were allowed to fail and go out of business people would wonder why the government didn't step in to prevent it. It is my opinion that Obama is between a rock and a hard place on much of this economic collapse that he inherited. If he "saves" GM he's wrong ("socialism") and if he sits idly by as GM blows away in the wind then he's wrong ("he doesn't care about American jobs"). McCain would be in the same lousy position and he would also have to step in and bail GM out. Of course the rhetoric would be different--spun differently so as to not look like "socialism." He'd be "saving jobs in America's heartland." Same result with different spin.

As for Lamar Alexander of Tennessee, aren't there some foreign car factories in his state? I'll have to look that up.

[427TJ]

[ QUOTE ]
As for Lamar Alexander of Tennessee, aren't there some foreign car factories in his state? I'll have to look that up.

[/ QUOTE ]

From July 2008 Chatanooga Times Free Press: http://www.timesfreepress.com/news/2...omotive-stake/

Looks like the South is finally winning the Civil War.