Home › Forums › Financial Markets/Economics › GM massacre
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June 28, 2008 at 1:51 PM #230371June 28, 2008 at 3:57 PM #230256AnonymousGuest
[quote=asianautica]GM does give a very compelling case for the car portfolio. I love what they did with Saturn. GM is smart enough to see that their European designed cars are doing very well and they can actually take advantage of it. However, what’s still holding them back when they go against the Japanese in this changing market is the flexibility of their manufacturing and the union they have to deal with. The big three Japanese are producing both cars and trucks in the same plant and can vary the % of each type of vehicle they produce per plant much easier than GM can. That’s how they can cope with this change in mixture of sales much easier. Nissan is producing more Altima in the Titan plant, same with Toyota producing more Camry in their Tundra plant and Honda producing more Fit in place of their SUV. That’s the kind of flexibility GM need to be able to thrive in this drastically changing environment.[/quote]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.
June 28, 2008 at 3:57 PM #230373AnonymousGuest[quote=asianautica]GM does give a very compelling case for the car portfolio. I love what they did with Saturn. GM is smart enough to see that their European designed cars are doing very well and they can actually take advantage of it. However, what’s still holding them back when they go against the Japanese in this changing market is the flexibility of their manufacturing and the union they have to deal with. The big three Japanese are producing both cars and trucks in the same plant and can vary the % of each type of vehicle they produce per plant much easier than GM can. That’s how they can cope with this change in mixture of sales much easier. Nissan is producing more Altima in the Titan plant, same with Toyota producing more Camry in their Tundra plant and Honda producing more Fit in place of their SUV. That’s the kind of flexibility GM need to be able to thrive in this drastically changing environment.[/quote]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.
June 28, 2008 at 3:57 PM #230382AnonymousGuest[quote=asianautica]GM does give a very compelling case for the car portfolio. I love what they did with Saturn. GM is smart enough to see that their European designed cars are doing very well and they can actually take advantage of it. However, what’s still holding them back when they go against the Japanese in this changing market is the flexibility of their manufacturing and the union they have to deal with. The big three Japanese are producing both cars and trucks in the same plant and can vary the % of each type of vehicle they produce per plant much easier than GM can. That’s how they can cope with this change in mixture of sales much easier. Nissan is producing more Altima in the Titan plant, same with Toyota producing more Camry in their Tundra plant and Honda producing more Fit in place of their SUV. That’s the kind of flexibility GM need to be able to thrive in this drastically changing environment.[/quote]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.
June 28, 2008 at 3:57 PM #230420AnonymousGuest[quote=asianautica]GM does give a very compelling case for the car portfolio. I love what they did with Saturn. GM is smart enough to see that their European designed cars are doing very well and they can actually take advantage of it. However, what’s still holding them back when they go against the Japanese in this changing market is the flexibility of their manufacturing and the union they have to deal with. The big three Japanese are producing both cars and trucks in the same plant and can vary the % of each type of vehicle they produce per plant much easier than GM can. That’s how they can cope with this change in mixture of sales much easier. Nissan is producing more Altima in the Titan plant, same with Toyota producing more Camry in their Tundra plant and Honda producing more Fit in place of their SUV. That’s the kind of flexibility GM need to be able to thrive in this drastically changing environment.[/quote]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.
June 28, 2008 at 3:57 PM #230435AnonymousGuest[quote=asianautica]GM does give a very compelling case for the car portfolio. I love what they did with Saturn. GM is smart enough to see that their European designed cars are doing very well and they can actually take advantage of it. However, what’s still holding them back when they go against the Japanese in this changing market is the flexibility of their manufacturing and the union they have to deal with. The big three Japanese are producing both cars and trucks in the same plant and can vary the % of each type of vehicle they produce per plant much easier than GM can. That’s how they can cope with this change in mixture of sales much easier. Nissan is producing more Altima in the Titan plant, same with Toyota producing more Camry in their Tundra plant and Honda producing more Fit in place of their SUV. That’s the kind of flexibility GM need to be able to thrive in this drastically changing environment.[/quote]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.
June 28, 2008 at 5:27 PM #230319anParticipant[quote=Brutus]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.[/quote]
I think generally speaking, that’s a safe assumption. That’s also the reason why I only buy Japanese as well. They’re getting much better than what they used to be, but it’ll take a long time to build a reputation that the Japanese has.June 28, 2008 at 5:27 PM #230439anParticipant[quote=Brutus]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.[/quote]
I think generally speaking, that’s a safe assumption. That’s also the reason why I only buy Japanese as well. They’re getting much better than what they used to be, but it’ll take a long time to build a reputation that the Japanese has.June 28, 2008 at 5:27 PM #230447anParticipant[quote=Brutus]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.[/quote]
I think generally speaking, that’s a safe assumption. That’s also the reason why I only buy Japanese as well. They’re getting much better than what they used to be, but it’ll take a long time to build a reputation that the Japanese has.June 28, 2008 at 5:27 PM #230483anParticipant[quote=Brutus]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.[/quote]
I think generally speaking, that’s a safe assumption. That’s also the reason why I only buy Japanese as well. They’re getting much better than what they used to be, but it’ll take a long time to build a reputation that the Japanese has.June 28, 2008 at 5:27 PM #230501anParticipant[quote=Brutus]
Plus, the Japanese are building better cars. American cars have turned to crap. I won’t buy one at any price. I don’t care about the warranty. I want a car that runs all the time.[/quote]
I think generally speaking, that’s a safe assumption. That’s also the reason why I only buy Japanese as well. They’re getting much better than what they used to be, but it’ll take a long time to build a reputation that the Japanese has.June 28, 2008 at 8:05 PM #230438RaybyrnesParticipantI think that US car bashing is way off. I think that for and GMC have really stepped up to the plate. In general engineering has improved dramatically for all car companies.
I would definitely test drive a Mercury Milan before making an automatic decsion to buy a an Accord or Camry. And I think that GM stepped up to the plate with a pretty good product in the Malibu and the Acadia.
If you look at Honda there transmissions on the 6 cylinders have been problematic. Now grant it they are made here in the US but there reliability is not what it once was.
From a valuation stand point I have a hard time believing that Toyota deserves the multiple it is getting when compared to GM and Ford especially when you take into consideration International Operations where Ford and Chevy are deemed to be very high quality cars.
June 28, 2008 at 8:05 PM #230561RaybyrnesParticipantI think that US car bashing is way off. I think that for and GMC have really stepped up to the plate. In general engineering has improved dramatically for all car companies.
I would definitely test drive a Mercury Milan before making an automatic decsion to buy a an Accord or Camry. And I think that GM stepped up to the plate with a pretty good product in the Malibu and the Acadia.
If you look at Honda there transmissions on the 6 cylinders have been problematic. Now grant it they are made here in the US but there reliability is not what it once was.
From a valuation stand point I have a hard time believing that Toyota deserves the multiple it is getting when compared to GM and Ford especially when you take into consideration International Operations where Ford and Chevy are deemed to be very high quality cars.
June 28, 2008 at 8:05 PM #230569RaybyrnesParticipantI think that US car bashing is way off. I think that for and GMC have really stepped up to the plate. In general engineering has improved dramatically for all car companies.
I would definitely test drive a Mercury Milan before making an automatic decsion to buy a an Accord or Camry. And I think that GM stepped up to the plate with a pretty good product in the Malibu and the Acadia.
If you look at Honda there transmissions on the 6 cylinders have been problematic. Now grant it they are made here in the US but there reliability is not what it once was.
From a valuation stand point I have a hard time believing that Toyota deserves the multiple it is getting when compared to GM and Ford especially when you take into consideration International Operations where Ford and Chevy are deemed to be very high quality cars.
June 28, 2008 at 8:05 PM #230605RaybyrnesParticipantI think that US car bashing is way off. I think that for and GMC have really stepped up to the plate. In general engineering has improved dramatically for all car companies.
I would definitely test drive a Mercury Milan before making an automatic decsion to buy a an Accord or Camry. And I think that GM stepped up to the plate with a pretty good product in the Malibu and the Acadia.
If you look at Honda there transmissions on the 6 cylinders have been problematic. Now grant it they are made here in the US but there reliability is not what it once was.
From a valuation stand point I have a hard time believing that Toyota deserves the multiple it is getting when compared to GM and Ford especially when you take into consideration International Operations where Ford and Chevy are deemed to be very high quality cars.
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