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GM Warns It Won't See New Year Without Aid
CBS/AP ^ | Dec. 3, 2008

Posted on 12/03/2008 11:15:36 AM PST by george76

A top General Motors executive repeated claims Wednesday that the auto giant may not make it to New Year's Day if Congress doesn't approve a federal bailout for the beleaguered industry.

"We've seen … not only continued pressure in our business but the pace of deterioration has accelerated. October and November were just the worst levels we've seen post-World War II."

(Excerpt) Read more at cbsnews.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections; US: Michigan
KEYWORDS: 110th; auto; automakers; automotive; bailout; congress; generalmotors
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To: george76

Just a hint guys...the alarmism doesn’t work anymore. The American People have heard it time and again, and it rings pretty hollow.


41 posted on 12/03/2008 11:41:08 AM PST by Unlikely Hero ("Time is a wonderful teacher; unfortunately, it kills all its pupils." --Berlioz)
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To: Larry Lucido

“Defunct motor vehicle manufacturers of the United States”

The following 199 pages are in this category, out of 546 total. This list may sometimes be slightly out of date (learn more)
1

* 1929 Graham Paige DC Phaeton

A

* A.M. Dodge Company
* ABC (1906 automobile)
* ABC (1922 automobile)
* Abbott-Detroit
* Able (1917 automobile)
* Ace (1920 automobile)
* Acme (automobile)
* Adams-Farwell
* Adelphia (automobile)
* Adria (automobile)
* Aero Car (1921 automobile)
* Aerocar (1905 automobile)
* Airscoot (1947)
* Airway (automobile)
* Ajax (1914 automobile)
* Ajax (1921 automobile)
* Ajax (American automobile)
* Aland (automobile)
* Albany (1907 Automobile)
* Albatross (automobile)
* Aldo (1910 Automobile)
* Alena Steam Car
* All-Steel
* Allen (1913 Ohio automobile)
* Allen (1913 Philadelphia automobile)
* Allen Kingston
* Allied (automobile)
* Allstate (automobile)
* Alpena (automobile)
* Alsace (automobile)
* Alter (automobile)
* Altham (car)
* Altman (automobile)
* Aluminum (automobile)
* Amalgamated (1917 automobile)
* Amco
* America (1911 New York automobile)
* American (1899 automobile)
* American (1902 automobile)
* American (1911 automobile)
* American (1914 automobile)
* American (1916 automobile)
* American (automobile)
* American Austin Car Company
* American Automobile and Power Company
* American Chocolate
* American Electric (1899 automobile)
* American Electric (1913 automobile)
* American Junior (automobile)
* American Juvenile Electric
* American Locomotive Company
* American Mercedes (1904 automobile)
* American Motor Car Company
* American Motor Vehicle Company
* American Motors
* American Motors Incorporated
* American Napier (automobile)
* American Simplex
* American Steam Car
* American Steamer
* American Tri-Car
* American Underslung
* American Waltham
* Ames (automobile)
* Anahuac (automobile)

A cont.

* Anchor Buggy
* Anderson (Carriage)
* Anderson (automobile)
* Anhut Motor Car Company
* Ann Arbor (automobile)
* Anna (1912 automobile)
* Ansted
* Ansted-Lexington
* Apollo (1906 automobile)
* Apollo (1962 automobile)
* Apperson
* Apple (automobile)
* Ardsley (automobile)
* Argo (automobile)
* Argo Electric
* Argonne (automobile)
* Ariel (American automobile)
* Armstrong Electric
* Arrow (automobile)
* Astra (1920 automobile)
* Atlas (automobile)
* Auburn Automobile
* Aultman
* Aurora (1957 automobile)
* Austin Automobile Company
* Auto Cub (1956)
* Auto Red Bug
* Autocar Company
* Autoette
* Autoette (1910 automobile)
* Automatic (automobile company)
* Avery Co.

B

* Babcock Electric Carriage Company
* Baker Motor Vehicle
* Barley Motor Car Co.
* Bates (automobile)
* Bell Motor Car Company
* Belmont (automobile)
* Bendix (Automobile)
* Benham (automobile)
* Berg Automobile
* Berwick (automobile)
* Bi-Autogo (automobile)
* Biddle Motor Car Company
* Biesel
* Bill Dovell Motor Car Company
* Binghamton Electric
* Binney & Burnham
* Black (Automobile)
* Black Crow (automobile)
* Black Motor Company
* Blakely Auto Works
* Blood (automobile)
* Bobbi-Kar
* Bour-Davis
* Brew-Hatcher
* Brewster & Co.
* Briggs-Detroiter
* Briscoe
* Brockway Motor Company
* Brush Motor Car Company
* Bryan Steam Car
* Buckmobile
* Buffalo (1901 automobile)
* Buffalo Electric Vehicle Company
* Buffum
* Bush (1916 automobile)

C

* CVI (automobile)
* Cannon (automobile)
* Car de Luxe
* Car-Nation
* Carhartt (automobile)
* Carter Twin-Engine
* Cartercar
* Cavac
* Century (automobile)
* Chalmers Automobile
* Chandler Motor Car
* Checker Motors Corporation
* Church-Field
* Citicar
* Climber (automobile company)
* Clénet Coachworks
* Coates-Goshen
* Coats Steam Car
* Coey
* Colonial (1920 automobile)
* Colonial (1921 automobile)
* Colonial (Shaw automobile)
* Colt Runabout
* Columbia Automobile Company
* Columbia Motors
* Continental automobile
* Corbin (automobile)
* Corbin Motors
* Cord Automobile
* Correja
* Corwin Manufacturing Company
* Courier (automobile)
* Courier Car Co
* Covert (automobile)
* Coyote (automobile)
* Crane & Breed
* Crane-Simplex
* Crawford Automobile
* Crestmobile
* Cricket (1914 automobile)
* Crosley
* Crosmobile
* Crow-Elkhart (automobile company)
* Crown (automobile)
* Cunningham automobile
* Cutting (automobile)

D

* DAC (automobile)
* Dagmar (automobile)
* Dale (automobile)
* George W. Davis Motor Car Company
* Davis (automobile)
* Davis Steam Car
* Davis Totem
* Day (automobile)
* Dayton Electric
* De La Vergne
* De Luxe
* De Mot
* De Schaum
* De Vaux
* De Vaux Continental
* DeSoto (automobile)
* DeWitt Motor Company
* Deal (automobile)
* Gas-au-lec
* Ahrens-Fox Fire Engine Company
The following 198 pages are in this category, out of 546 total. This list may sometimes be slightly out of date (learn more)
D

* Gas-au-lec
* Ahrens-Fox Fire Engine Company
* Daniels Motor Company
* Desberon
* Detroit (Wheeler Manufacturing)
* Detroit Auto Vehicle Company
* Detroit Automobile Company
* Detroit Cyclecar
* Detroit Electric
* Detroit Steam Motors Corporation
* Detroit-Dearborn
* Detroit-Oxford
* Diamond T
* Diana Motors Company
* Dile
* Dingfelder
* Doble steam car
* Dodgeson
* Dolson
* Dorris Motors Corporation
* Dort (automobile)
* Downing-Detroit
* Dragon Automobile Company
* Du Pont Motors
* Dual-Ghia
* Dudly Bug
* Duesenberg
* Durant (automobile)
* Durant Motors
* Duryea Motor Wagon
* Duryea Motor Wagon Company

E

* E-M-F Company
* Eagle (automobile)
* Earl (automobile)
* Edsel
* Eisenhuth Horseless Vehicle Company
* Elcar
* Eldredge (automobile)
* Electric Vehicle
* Electrobat
* Elmore (automobile)
* Empire (1901 automobile)
* Empire (1910 automobile)
* Empire Steam Car
* Empire Steamer (automobile)
* Endurance Steam Car
* Engler (automobile)
* Eshelman
* Essex (automobile)
* Etnyre
* Eureka (1900 automobile)
* Eureka (1907 automobile)
* Everitt
* Excel (automobile)
* Excelsior-Henderson Motorcycle
* Exner Revival Cars

F

* Fal-Car
* Faulkner-Blanchard
* Fiberfab
* Fiberfab Avenger GT
* Fiberfab Valkyrie
* Fina-Sport
* Fischer (automobile)
* Flint (automobile)
* Flyer (automobile)
* Franklin (automobile)

F cont.

* Frazer (automobile)
* Fredonia (automobile)
* Friend (automobile)
* Frontenac Motor Corporation
* Fuller (automobile)

G

* GJG
* Gadabout (automobile)
* Gaeth
* Gardner (automobile)
* Gaslight (automobile)
* Gasmobile
* Gaylord (automobile)
* Gem (automobile)
* Geo (automobile)
* Glasspar G2
* Glide (automobile company)
* Globe Four
* Graham-Paige
* Grant (automobile)
* Gray (automobile)
* Gray Light Car
* Great Eagle
* Great Southern (automobile)
* Greenleaf (automobile)
* Grinnell (automobile)
* Griswold (automobile)
* Grout (automobile)
* Gyroscope (automobile)

H

* HAL (automobile)
* HMV Freeway
* Hackett (automobile)
* Hammer (automobile)
* Hammer-Sommer
* Handley-Knight
* Harrison (automobile)
* Harroun
* Harvard (automobile)
* Hatfield Motor Vehicle Company
* Havers (automobile)
* Hawk (cyclecar)
* Haynes Automobile Company
* Haynes-Apperson
* Heine-Velox
* Henry (automobile)
* Herff-Brooks Corporation
* Herreshoff (automobile)
* Hewitt-Lindstrom (automobile)
* Hidley Steam Car
* Hitchcock (automobile)
* Hobbie Accessible
* Hoffman (Cleveland automobile)
* Hoffman (Detroit automobile)
* Hol-Tan
* Holley Motor Car
* Hollier
* Holsman Automobile Company
* Hudson (steam automobile)
* Hudson Motor Car Company
* Huffman Bros. Motor Co
* Hupmobile
* Hupp-Yates

I

* Imperial (automobile)
* Indian (motorcycle)
* Inter-State (automobile)
* International Automobile Company
* International Automobile Construction Company
* International Automobile League

I cont.

* International Harvester

J

* JPL (cyclecar)
* Jacquet Flyer
* Jaeger (automobile)
* Janney (automobile)
* Jeffery (automobile)
* Jewett (automobile)
* Jordan Motor Car Company
* Junior R

K

* K-R-I-T Motor Car Company
* Kaiser Jeep
* Kaiser Motors
* Kaiser-Frazer
* Kauffman Motor Vehicle Company
* Keeton (automobile company)
* Keller (automobile)
* Kent’s Pacemaker
* Kermath
* Kess-Line 8
* Kessler (automobile)
* Keystone (gasoline automobile)
* Keystone (steam automobile)
* King-Remick
* Kirk Manufacturing Company (automobile company)
* Kissel Motor Car Company
* Knight Engine
* Knox Automobile
* Komet (American automobile)
* Koppin

L

* LaFayette Motors
* LaSalle (automobile)
* Lad’s Car
* Lambert (automobile)
* Lenawee
* Lexington (automobile)
* Liberty Motor Car
* Light (automobile)
* Lincoln (1914 automobile)
* Lincoln Motor Car Works
* Lion (automobile)
* Liquid Air
* List of defunct United States automobile manufacturers
* Little (automobile)
* Little Detroit Speedster
* Little Princess (automobile)
* Locomobile
* Lone Star (1920 automobile)
* Lorraine (automobile)
* Lozier
* LuLu
* Luverne (automobile)
* Lyons Atlas

M

* MPM (automobile)
* Malcolm Jones
* Marathon Motor Works
* Marble-Swift
* Marion (automobile)
* Marion-Handley
* Marmon
* Marquette (automobile)
* Marr (automobile)
* Marvel (automobile)
* Maryland (automobile)
* Mason Truck
* Matheson (automobile)

The following 151 pages are in this category, out of 546 total. This list may sometimes be slightly out of date (learn more)
M

* Maxwell automobile
* McFarlan Automobile
* Menominee (automobile)
* Mercer (car)
* Mercury (cyclecar)
* Merkur
* Metz Company (automobile)
* Michigan (1903 automobile)
* Michigan (1908 automobile)
* Midland Motor Company
* Miller (automobile)
* Model Automobile Company
* Moline-Knight
* Monarch (automobile)
* Monroe (automobile)
* Moon Motor Car
* Morris & Salom
* Mors (automobile)
* Motor Bob
* Muntz Car Company

N

* Nash Motors
* Nash Rambler
* Nash-Healey
* National Motor Vehicle Company
* Nelson (automobile)
* Nielson (automobile)
* Northern (automobile)
* Nu-Klea Starlite
* Nyberg Automobile

O

* O-We-Go
* Oakland (automobile)
* Oldsmobile
* Olympian (automobile)
* Orient (automobile)
* Orlo
* Overland Automobile
* Owen Magnetic

P

* Packard
* Paige automobile
* Parry Auto Company
* Partin Manufacturing Company (automobile company)
* Paterson (automobile)
* Pathfinder (1912 automobile)
* Peerless
* Penn (automobile)
* Phelps Motor Vehicle
* Piedmont (1917 automobile)
* Pierce-Arrow
* Piggins
* Pilgrim of Providence

P cont.

* Pittsburgh Six
* Plass
* Playboy Automobile Company
* Plymouth (automobile)
* Pope Manufacturing Company
* Pope-Robinson
* Pope-Toledo
* Pope-Waverley
* Powell Motor Company
* Premier (automobile)
* Premier Motor Manufacturing
* Pullman automobile
* Pungs Finch

Q

* Queen (American automobile)
* Quick (automobile)
* Quinby (automobile)

R

* REO Motor Car Company
* Rambler (automobile)
* Rayfield (automobile)
* Reber Automobile
* Rickenbacker (car)
* Riker Electric Vehicle Company
* Roosevelt (automobile)
* Ross (automobile company)
* Ross (automobile)
* Ross (steam automobile company)
* Royal Motor Company
* Rugby (automobile)
* Rutenber Motor Company
* Ruxton (automobile)

S

* Sampson (automobile)
* Savage GT
* Saxon (automobile)
* Schacht (automobile)
* Schaum
* Scripps-Booth
* Selden Motor Vehicle Company
* Shad-Wyck
* Shawmobile
* Simplo
* Sinclair-Scott (automobile)
* Single Center
* Sintz
* Skene (automobile)
* Smith Automobile Company
* Smith Flyer
* Spaulding (automobile)
* Speedwell Motor Car Company
* St. Louis Motor Company
* Standard (1904 automobile)
* Standard (1912 automobile)

S cont.

* Standard Six
* Standard Steam Car
* Standard Steel Car Company
* Stanley Steamer
* Stanwood (automobile)
* Star (automobile)
* Staver
* Steamobile
* Stearns (automobile)
* Stearns-Knight
* Stevens-Duryea
* Stewart-Coats
* Stoddard-Dayton
* Stout Scarab
* Streco Turnpike Cruiser
* Studebaker
* Studebaker-Garford
* Studebaker-Packard Corporation
* Stutz Motor Company
* Success Automobile Manufacturing Company
* Sun (automobile)

T

* Templar automobile
* Terraplane
* Thomas B. Jeffery Company
* Thomas Motor Company
* Tincher
* 1948 Tucker Sedan
* Twombly (cyclecar)

U

* US Automobile
* Union (automobile)
* United States Motor Company

V

* Van Wagoner
* Velie
* Vermont (automobile)
* Viking (automobile)
* Virginian (automobile)
* Vulcan (automobile company)

W

* Ware Steam Wagon
* Westcott automobile
* Western Tool Works (automobile company)
* White Motor Company
* Wills Sainte Claire
* Willys
* Willys-Knight
* Wilson Automobile
* Windsor (automobile)
* Winton Motor Carriage Company
* Woods Motor Vehicle

X

* Xenia (automobile)

Y

* Yale (1916 automobile)


42 posted on 12/03/2008 11:41:26 AM PST by mnehring
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To: ScottinVA

Gone
Monday
**************************************
Some “know nothing” RAT friends were ogling the new Camaro a few weeks ago ,, ready to cash out all they have for one,, totally oblivious to the fact that GM doesn’t have the cash to build anything new and cash burning specialties such as the Camaro (always sold way way behind the Mustang) will never be built...


43 posted on 12/03/2008 11:44:01 AM PST by Neidermeyer
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To: HamiltonJay
"All of this isn't really going to work without getting some kind of flexibility from the UAW," Rebecca Lindland, an auto analyst at Global Insight, told CBS News. "The reality of the situation is these companies could go bankrupt and then the union is powerless, so they have to give concessions."

The alternative is a foreign company or country buying GM.
44 posted on 12/03/2008 11:44:49 AM PST by Dallas59 (Not My President)
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To: george76

Good, declare Chapter 11 already and get it overwith.


45 posted on 12/03/2008 11:45:34 AM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: george76

GM should do as all of us small business owners must do in such circumstance, file Chapter 11.

If they go down, they go down. But throwing tax payer money at a bad business model is political and economic INSANITY.


46 posted on 12/03/2008 11:45:58 AM PST by Badeye (There are no 'great moments' in Moderate Political History. Only losses.)
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To: Redbob
Well, as we used to say in Tennessee, “Sayonara!”

Or, as we used to say in southern Russia: tough shitzky 'y'all

47 posted on 12/03/2008 11:46:50 AM PST by dearolddad
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To: Redbob

Not only that, we’re actually *better* in terms of quality and productivity than the Germans - if we’re not unionized.


48 posted on 12/03/2008 11:47:24 AM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: rhbee1
GM has to force cars on the dealership to feed that hungry beast called the UAW health care and pension plan.
49 posted on 12/03/2008 11:47:49 AM PST by quadrant (1o)
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To: mnehrling

that’s alot of potential bailouts.


50 posted on 12/03/2008 11:47:58 AM PST by WOBBLY BOB (ACORN:American Corruption for Obama Right Now)
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To: Long Island Pete

There is one group that this should scare to death.

The unions.


51 posted on 12/03/2008 11:49:49 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: george76

The title reminds me of an MLB owner’s comment in regards to the MLB umpire’s strike: “It is either a threat to be ignored or an offer to be accepted.”


52 posted on 12/03/2008 11:50:20 AM PST by Jibaholic ("Those people who are not ruled by God will be ruled by tyrants." --William Penn)
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To: californianmom

They don’t want to go Chapter 11 because a bankruptcy trustee might slash their salaries and perks. And a trustee might actually expect them to produce some tangible results, too.


53 posted on 12/03/2008 11:51:04 AM PST by henkster (It's time for a conservative "long march through the institutions.")
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To: george76

... lets give the banks money to burn ... but a loan to the automakers is the end of the world.


54 posted on 12/03/2008 11:51:13 AM PST by Mark was here (The earth is bipolar.)
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To: Redbob
True, UAW assembly workers don't make $70 an hour in wages, but when the whole compensation package is calculated (including health care, pensions, and the infamous “jobs bank”) the total is very near $70 per hour.
55 posted on 12/03/2008 11:51:34 AM PST by quadrant (1o)
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To: pburgh01

The last GM car I bought was a new 1980 Buick Skylark.

That is WHY it was the last GM car I bought.


56 posted on 12/03/2008 11:52:01 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: Spktyr
Not only that, we’re actually *better* in terms of quality and productivity than the Germans - if we’re not unionized.

.....Bubba Makes Wheels here in UpState SC does a fine job.....

.....lots of my friends and neighbors work there and the cars are great.....

57 posted on 12/03/2008 11:53:14 AM PST by cyberaxe (((.....does this mean I'm kewl now?.....)))
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To: Perdogg

They would have to pay me to buy one. I recently rented ford fusion and edge and both are fantastic vehicles. Fords going to survive.


58 posted on 12/03/2008 11:53:33 AM PST by omega4179 (Pardon Ramos and Compean !! Hello Jorge??)
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To: WOBBLY BOB

That’s a lot of US Auto Industry that went out of business that didn’t trigger depressions or kill the US Auto Industry.


59 posted on 12/03/2008 11:54:41 AM PST by mnehring
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To: californianmom

“They don’t want to go Chapter 11 because they say that people won’t buy a car from a company in bankruptcy. How likely is anyone to buy a car when the head of the company says they may not be there by the end of the year?”

Their scare tactics don’t seem to hold water. Unfortunately, the gov. is just begging for a good excuse to fork over taxpayer money.


60 posted on 12/03/2008 11:56:12 AM PST by smallbiz (Palin 2012)
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