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GM slashes earnings forecast (forsees $828 million 1st Qtr loss)
Automotive News ^ | 3/16/05 | Dale Jewett and Jason Stein

Posted on 03/16/2005 10:25:18 AM PST by BurbankKarl

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To: oceanview

Kerbeck and Bruce Gluek (is he still alive??) are two of the best.

But it's pretty sad when you use the Chevy.com website and get with error messages instead of *dealer* price quotes (the *factory* sticker quote part of their website works fine, though).

61 posted on 03/16/2005 7:28:29 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: TXBSAFH
You forgot unimaginative styling, and substandard engineering.

Not to mention they finally moved big into the SUV market 10 years plus behind Ford, just in time to see gas prices drive it all into the ground. Bad timing.

62 posted on 03/16/2005 7:33:55 PM PST by Jorge
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To: oceanview

Kerbeck?

Did you buy it from that girl in their ads?


63 posted on 03/16/2005 7:34:40 PM PST by BurbankKarl
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To: meadsjn; A. Pole; JohnHuang2; keri; international american; Kay Soze; jpsb; hershey; TomInNJ; ...
#20 - REAL-WORLD LESSON IN OUTSOURCING ECONOMICS - ping.

(Interesting thread on blaming the poor economy on everything from health care to the price of tea in China.)

64 posted on 03/16/2005 7:39:54 PM PST by Happy2BMe (Government is not the solution to our problem, government *IS* the problem.)
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To: BurbankKarl

That's Vicki! she is older then the picture in that ad.


65 posted on 03/16/2005 7:41:30 PM PST by oceanview
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To: Happy2BMe

No kidding!


66 posted on 03/16/2005 7:43:48 PM PST by ApesForEvolution (I just took a Muhammad and wiped my Jihadist with Mein Koran...come and get me nutbags.)
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To: Mr. Jeeves
Might as well give the bonds the same ratings as the cars. ;)

You got that right. GM does not stand for good merchandise.


50 miles to the quart of oil
Aluminum cylider walls. Who would do that? Only GM.

67 posted on 03/16/2005 8:07:33 PM PST by BJungNan
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To: BurbankKarl

Right on....methinks GM will survive : )


68 posted on 03/16/2005 9:00:45 PM PST by international american (Tagline now fireproof....purchased from "Conspiracy Guy Custom Taglines"LLC)
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To: BJungNan

How about the 4-6-8 Caddy, Or the diesel 350 conversion : )


69 posted on 03/16/2005 9:01:47 PM PST by international american (Tagline now fireproof....purchased from "Conspiracy Guy Custom Taglines"LLC)
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To: oceanview

I see that picture every week in automotive news...she did look younger in the 90s....I remember when they cornered the marketing on Syclones and Typhoons.


70 posted on 03/16/2005 9:04:18 PM PST by BurbankKarl
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To: Southack
In contrast, you got *all* of the above wrong. You just batted zero.

Yes, but the delivery is polished.

71 posted on 03/16/2005 9:29:51 PM PST by gogeo (Often wrong but seldom in doubt.)
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To: wideawake

And outsourcing.. People gotta be makin money to be able to spend it.


72 posted on 03/16/2005 10:45:25 PM PST by Havoc (Reagan was right and so was McKinley. Down with free trade. Hang the traitors high)
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To: Eric in the Ozarks

It reminded me of an egg.


73 posted on 03/16/2005 10:49:40 PM PST by flying Elvis
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To: Havoc
And outsourcing.. People gotta be makin money to be able to spend it.

You're dead wrong. People have been spending more money on cars every year. There is no lack of automobile buyers - people don't want to buy GM cars because they are far too expensive compared to other, better vehicles made by competitors.

People are making money and they are spending it wisely on well-built foreign cars that are superior in every way to GM cars.

If the UAW did not exist, GM could build cars much more efficiently right here in the US, like Nissan does in AL and BMW does in SC.

The UAW is destroying GM.

74 posted on 03/17/2005 6:00:11 AM PST by wideawake (God bless our brave soldiers and their Commander in Chief)
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To: wideawake

No, the UAW is a variable. What's destroying GM is the union, plus outsourcing plus the free trade crap that set the trade imbalznce in motion that is and has been undermining the US market little bits at a time. If there were an even playing field for US auto makers in America, GM would still be selling volume in Cars. As it is now, they can't compete because on an uneven playing field, the union now handicaps them completely. Free trade is nothing more than an unmasked all out offensive against the working class.


75 posted on 03/17/2005 6:15:01 AM PST by Havoc (Reagan was right and so was McKinley. Down with free trade. Hang the traitors high)
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To: Havoc
Free trade is nothing more than an unmasked all out offensive against the working class.

Do you subscribe to The Nation or something?

There is no "working class" in America any more than there is a "landed gentry" in this country. Marxist class analysis is about as applicable to our current situation as phrenology.

Americans who work for a living are not a "class" - they are 94% of the population.

76 posted on 03/17/2005 6:56:55 AM PST by wideawake (God bless our brave soldiers and their Commander in Chief)
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To: Havoc
Free trade is downsizing GM customers (free trade, out sourcing) so it is not at all surprising that GM is losing market share. Poor people do not buy new cars and if they do it's a new inexpensive imported car. GM has been done in by the effects of so called free trade.

I wonder why the GOP thinks a nation of poor destitute people will vote GOP? GOP policies of killing jobs and wealth production in the USA is going to be mean the permeate end of the GOP

77 posted on 03/17/2005 8:30:56 AM PST by jpsb
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To: BurbankKarl

GM.. switch to catastrophic care plans for your workers and self insure up to the cap... If GM put 5k per employee into an account for health care use, and insured only after the 5k was spent... (and what wasn't spent on the 5k is rolled over every year) you'd wind up cutting your recurring costs by 70 to 80%.... yes, up front cost is there, but long term return is there....

This is basically what we are going to be doing sooner or later anyway, why not be the first mover on the block?


78 posted on 03/17/2005 8:34:51 AM PST by HamiltonJay
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To: wideawake

What planet do you live on?


79 posted on 03/17/2005 9:06:59 AM PST by Havoc (Reagan was right and so was McKinley. Down with free trade. Hang the traitors high)
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To: jpsb

Yep; but, apparently to avoid that, some feel the need to distract with wierdness posing for useful discussion.


80 posted on 03/17/2005 9:07:59 AM PST by Havoc (Reagan was right and so was McKinley. Down with free trade. Hang the traitors high)
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