GM posts highest net profit ever
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URL: http://www.CorrectCraftFan.com/forum/forum_posts.asp?TID=24891
Printed Date: January-12-2025 at 4:56pm
Topic: GM posts highest net profit ever
Posted By: eric lavine
Subject: GM posts highest net profit ever
Date Posted: February-16-2012 at 12:58pm
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you naysayers who got robbed in your 401's and real estate, including myself,
lefty propagnda? you should be ashamed of uttering the word bailout, AIG was bailed and gone, GM got a loan is paying it back and posting profits...like i said 4 more Americans are tough, keep up the good work ------------- "the things you own will start to own you" |
Replies:
Posted By: harddock
Date Posted: February-16-2012 at 1:02pm
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Yea and the tax incentive to buy a Volt is up to $10K. So the deck isn't stacked by the government now is it? Ford took no money and they are still in business with no incentives or tax breaks from the government.
------------- http://www.correctcraftfan.com/diaries/details.asp?ID=4487" rel="nofollow - 1998 Ski Nautique |
Posted By: Jllogan
Date Posted: February-16-2012 at 1:07pm
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ya ford is really the one who gets screwed here. They should be master of the american car market. But instead their questionably managed counterparts got a sweet deal and are now making more money than them. Why because they screwed up in the first place. No incentive to be smart with your company, be risky and expect a bailout. ------------- http://correctcraftfan.com/diaries/details.asp?ID=5792&sort=&pagenum=1" rel="nofollow - 1986 Ski Nautique 2001 |
Posted By: eric lavine
Date Posted: February-16-2012 at 1:11pm
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Ford is also showing profits, it really is a good thing Fella's, it means people are spending their 800.00 unemployment checks, and ironically they will go back to work....vicious cycle, isnt it ------------- "the things you own will start to own you" |
Posted By: Jllogan
Date Posted: February-16-2012 at 1:15pm
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I am biased as I am a ford shareholder I guess but I personally think their product is superior. I wish that would show up in their bottom line though. They also now have one of the highest debt ratios of any car company at almost 80% while after renegotiating everything GM is around 20%. I honestly think Ford would be better off today if they would have gotten a bailout too, but I respect them for what they did, not sure consumers really care though. ------------- http://correctcraftfan.com/diaries/details.asp?ID=5792&sort=&pagenum=1" rel="nofollow - 1986 Ski Nautique 2001 |
Posted By: 86BFN
Date Posted: February-16-2012 at 3:28pm
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GM Receives Environmental Approval For Possible New China Assembly Plant.
The AP (2/10) reported, "General Motors Co. has won approval from environmental authorities in central China for a new $1.1 billion assembly plant, though the company says it has not yet decided on the plan." The $1.1 billion "vehicle assembly plant would have an eventual annual capacity of 300,000 vehicles," according to a notice posted on the Hubei Environmental Protection Bureau's website. "GM's office in Shanghai did not comment directly on the project Friday, but issued a statement saying the company would make 'sustainable plans' for expanding production capacity based on market conditions, and would share details 'at a proper time.' This is exactly why I will never buy another GM product! We spend billions of U.S. tax dollars to bail these guys out of trouble and make them competitive again and they send jobs to China. Also I hope the union chokes on the 4 billon worth of shares they scamed out of the american taxpayer.  ------------- 👣 Steve http://www.correctcraftfan.com/diaries/details.asp?ID=4057&sort=&pagenum=1&yrstart=1986&yrend=1986" rel="nofollow - 86 Barefoot Nautique 89 Martinique Former Owner: 93 Hydrodyne 350 MAG |
Posted By: eric lavine
Date Posted: February-16-2012 at 3:44pm
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the japs set up in our back yard, there is a foriegn market and why not set up in their back yard and steal their resources, pollute their air, i would imagine its more profitble for GM to set up shop over there, but not to re-invest into the economy over there, i really think it will strengthen GM's bottom line to re-invest into America. maybe im a do as I say kinda guy. eye for an eye
I think alot of these business decisions do take them away from the union regime, we know what happens when the unions step in, unions are still powerful, but, not necessary anymore. ------------- "the things you own will start to own you" |
Posted By: TRBenj
Date Posted: February-16-2012 at 4:14pm
Wait a minute... 
Who cares if GM sets up plants in China? Its not like everyone is rushing to boycott Apple products for being built overseas. I suspect that GM is investing in China because they have a strong (and growing) market share there. ------------- |
eric lavine wrote:Posted By: eric lavine
Date Posted: February-16-2012 at 5:13pm
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i think in part its more part of the free trade agreement, and yes a growing market, hence the earlier term...eye for an eye
sht Tim, i just miss the city's ammenities from Chryslers tax base, now i gotta pay for all the kids sports, fitness center etc... ------------- "the things you own will start to own you" |
Posted By: eric lavine
Date Posted: February-16-2012 at 5:19pm
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forgot a minute point, getting assessed 7k for the bridge and street attached to my Culdasac....these are the hidden costs of a long gone tax base...it really does suck because it takes away from my lavish life style ------------- "the things you own will start to own you" |
Posted By: Jllogan
Date Posted: February-16-2012 at 5:40pm
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Ya we NE Ohio folks do live it up. HAHA. ------------- http://correctcraftfan.com/diaries/details.asp?ID=5792&sort=&pagenum=1" rel="nofollow - 1986 Ski Nautique 2001 |
Posted By: mdvalant
Date Posted: February-16-2012 at 6:57pm
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Ford Fan here...
The Silverado Superbowl commercial really pissed me off though, anyone else? ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=5009 - '90 Ski (sold) http://www.correctcraftfan.com/diaries/details.asp?ID=5479 - '00 Sport Mississippi River - Bellevue, IA |
Posted By: eric lavine
Date Posted: February-16-2012 at 7:54pm
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yeah, they coulda said Toyota
------------- "the things you own will start to own you" |
Posted By: harddock
Date Posted: February-16-2012 at 7:57pm
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GM took pensions away from the white collar workers and GM pays no corporate income taxes for the nest 10 years. Pretty level playing field isn't it?
GM is now owned by the union and the union is going to stick it to the GM bosses. Seems they are being favored by Obama. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=4487" rel="nofollow - 1998 Ski Nautique |
Posted By: 86BFN
Date Posted: February-16-2012 at 9:02pm
I thought it was a low blow. Especially since they pressured Ford to stop airing their comercial where the guy said he didn't want to buy from a company that took the bailout. And Ford caved and stopped running it. It even got removed from YouTube. I think they should bring it back now. ------------- 👣 Steve http://www.correctcraftfan.com/diaries/details.asp?ID=4057&sort=&pagenum=1&yrstart=1986&yrend=1986" rel="nofollow - 86 Barefoot Nautique 89 Martinique Former Owner: 93 Hydrodyne 350 MAG |
Posted By: john b
Date Posted: February-19-2012 at 5:03pm
If you followed the business news you would know that GMs Chinese operations build cars for the Chinese market, the most rapidly expanding auto market in the world. The majority of GMs profits this last quarter were from this market. These cars are not imported to nor do they meet US Standards. No jobs were sent overseas, they are new jobs to produce cars for the Chinese market. It goes some distance toward offsetting the trade deficit. Don't buy one, no one cares. The big profits are in capturing % in emerging markets like China and India. Good job GM. I however prefer Fords.( I am a stockholder) but I currently drive a GM and like it very much. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: eric lavine
Date Posted: February-19-2012 at 8:21pm
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so lets try to figure out de de dumb de dumb, ahahah, where the profits go....maybe we let the slants keep the profit, you know like toyota lets us keep theirs. ------------- "the things you own will start to own you" |
Posted By: john b
Date Posted: February-19-2012 at 8:54pm
GM kept the profits, hence the great quarter! I'm in favor of taking the profits from and applying them to the bottom line of our industry. Nothing like bringing it back home. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: February-19-2012 at 9:02pm
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How about we take those profits and re-imburse all the creditors that got hosed in the bailout? the only reason for the record profits is that they have no longer have any debt. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: February-19-2012 at 10:31pm
I thought you were in favor of letting them file for bankruptcy and go under, as they would have done without the money. Guess what, that's how bankruptcy works! The creditors made bad business decisions and now have no recourse. Which way do you want it today? ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: February-20-2012 at 1:23am
How about we let the courts do their job, at least the creditors would have seen a percentage. why did the unions, a bargaining unit that was owed nothing end up with a share of the company, and creditors that were owed money got nothing? It was political payoff in an area where the government had no business interfering. The result is a US car company owned by Fiat and the Unions and the Government, and all three have proven not to no squat about making cars that people in the US want. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: February-20-2012 at 1:32am
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The largest auto manufacturer in the world has added third shifts to make more of these cars that no one wants!
Where do they store them all? ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: February-20-2012 at 1:35am
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And Obama is trying to get you and I to fork over $10,000 a piece to try to find people willing to buy a volt. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: OverMyHead
Date Posted: February-20-2012 at 1:38am
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Take a way my debt and get the government to fork out money to anyone willing to put in a floor and I could work three shifts too, but instead my company gets to pay for GM to get the easy ride. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: February-20-2012 at 1:51am
------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: john b
Date Posted: February-20-2012 at 1:56am
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Let the courts do their job? Isn't that your big bad government that you seem to hate messing with free enterprise? Oh, I forgot, today you like the government meddling. You just want to decide which branch. Do you prefer they decide the fate of private business on Sunday only, odd numbered days, or months that start with F? Maybe only when you're confused about what you really want or whether you believe in the country and our form of government. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: February-20-2012 at 2:18am
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I am for leaving the balance of power between the three branches of government in tact. Gms creditors were blind sided. the government chose to impose their bailout solution contrary to hundreds of years of precedent involving contract law. If I were supplying GM they would be a cash only business from here on out. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: February-20-2012 at 2:26am
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BTW, if you think no creditor was paid off in the GM bankruptcy, you should do a little research on MTLQQ (Motors Liquidation Company). They handled the liquidation of GMs assets and were approved by the court to do so.
If you are a vendor you have a choice. Supply product to a company you know may enter bankruptcy and not be able to pay you, or demand COD. Now you want government to force them to pay with money they don't have. Get over it. My head is spinning trying to keep up with your arguments of government should vs government shouldn't get involved in private business. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: February-20-2012 at 2:29am
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Easy, when in doubt, Government should not. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: February-20-2012 at 3:51am
Whose doubt? It seems you are able to argue both sides of some issues, often at the same time. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: February-20-2012 at 3:58am
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One side, the one that our constitution supports. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: February-20-2012 at 7:10am
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We can all talk our heads off, but we'll see what the people think in November! ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: eric lavine
Date Posted: February-20-2012 at 9:46am
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lets look at it in hindsite, it was the right and correct thing to do. ------------- "the things you own will start to own you" |
Posted By: harddock
Date Posted: February-20-2012 at 11:21am
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Sure,and once GM enjoys how much more profit they can make building cars in China, guess where your next Silverado may come from?
Maybe if you want to export a Kia you take a Chevy would have been a bettter policy. Free trade, not one way trade agreement. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=4487" rel="nofollow - 1998 Ski Nautique |
Posted By: john b
Date Posted: February-20-2012 at 1:34pm
That makes perfect sense. If a Korean auto manufacturer, who builds their US market cars in Georgia, wants to import a car to the US, the Chineese must import a Chevy from the US. We need more like you making policy. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: harddock
Date Posted: February-20-2012 at 1:37pm
------------- http://www.correctcraftfan.com/diaries/details.asp?ID=4487" rel="nofollow - 1998 Ski Nautique |
Posted By: harddock
Date Posted: February-20-2012 at 1:43pm
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You really need to learn to read.
I said that they would be making the Silverado in China and sending them back here. I didn't say the ones built there and staying there. If a foreign company make a product in a country and sells it in that country it is not an import. The point was with all the benefits the government has given GM they are seeing record profits and once they see those increas using Chinese labor they might just start outsourcing American vehicles. You would have under stood this if you could read. Perhaps Kia was a bad example but the point was stuff made there not here. We do import cars that are not made in Georgia. You are correct about one thing, Maybe we do need more people that think as I do making decisions. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=4487" rel="nofollow - 1998 Ski Nautique |
Posted By: JoeinNY
Date Posted: February-20-2012 at 2:24pm
Why would you think this is going to happen? Because of some tiny 1.1 billion investment that brings GM's china capacity from 2 million to 2.3 million? That aint trucks, and it aint us market cars. It is passenger vehicles for the chinese market. There no plans to build vehicles for the North american market over there, certainly not trucks . No one in thier right mind would do so.. the shipping costs alone would be astronomical. No when those jobs move it will continue to be to canada and mexico to avoid the health care costs of employing people in the US. The other completely false nonsense in this thread is the bogus assertion that the unions were favored over creditors in the GM restructure even though they werent owed anything. Holy mischarecterization batman! The unions trust funds took on the massive health care costs for 800,000 retirees supposedly in exchange for cash payments from the big three. This made them a creditor as sure as any other. The only way to ever clear GM or Chrysler for private ownership was to relieve them of thier debts to these 800,000 who had fulfilled thier end of the agreement years ago. Back when these companies were worth nothing the trust funds agreed to take stock in leiu of the cash payments (not that they had much choice). That is why they now own part of GM and Chrysler.. and still are solely responsible for the health and welfare of 800,000 retirees. Thats a pretty good deal for the tax payer considering all those retirees would have ended up on medicare, and the governments shares in GM would never have been worth anything with the retiree health care liability out there in the courts attaching to every asset. There is only one real difference in how the republicans would have bailed out GM (it was started by GWB, btw) and how obama did... the republicans would have given the company away to cronies and donors(in the name of capitalism) and the US government (that is us) would have assumed all the liabilies and all the risk with no chance of payback what so ever. I have good friends that were screwed on the Delphi retirement side of the deal... it sucked but it was a different scenario and most of them will end up making out reasonbly well. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1477 - 1983 Ski Nautique 2001 1967 Mustang 302 "Decoy" http://www.youtube.com/watch?v=cO5MkcBXBBs - Holeshot Video |
Posted By: john b
Date Posted: February-21-2012 at 5:21pm
Please tell me how to get a $10,000 rebate on a Chevy Volt. Encouraged by your claim of a $10,000 rebate I went to my local Chevy dealer thinking I could get a fantastic deal on a new Volt. When I inquired about the $10,000 rebate the salesman asked where I got that info. I told him "from a friend". The salesman said my "friend was wrong. He got the manager to confirm the rebate program. He showed me the program and confirmed that the rebate is $5,000, the highest its ever been.He explained that it is the same program as Toyota and Honda have on their hybrid cars. The Prius had a $3,400 rebate for the first 20,000 or so units. Toyota has sold more than that in the last 5 years so there is no rebate on them any more. Honda and GM still have rebates because they have not sold as many cars, but when they do, their rebates will expire as well. Where do you get your "facts", Faux News? ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: TRBenj
Date Posted: February-21-2012 at 5:29pm
A google search revealed http://dailycaller.com/2012/02/13/obama-hikes-subsidy-to-wealthy-electric-car-buyers/ - this article. Appears to still be in the proposal phase. On the surface, all other points seem to be valid- the rebate (if passed) shouldnt be specific to the Volt.
------------- |
Posted By: JoeinNY
Date Posted: February-21-2012 at 6:03pm
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yes it is an increase of an existing subsidy of 7500 to 10000. Not necessarily a rebate but it does go to lower the price of the car. It would apply to cars powered by batteries or natural gas (I can only imagine hydrogen would apply as well). I think it is funny because I won best bill in NYS model congress back in 1992 with a very similar proposal. The problem with any new technology vehicle is the inherent benefits of the existing technology using existing (and paid for and previously subsidised) infrastructure. It is very difficult on the initial adopters because there are not gas stations on every corner. If the transition to the new techology is not lubricated by subsidy then the developed countries will behind developing contries in adoption of the new technology.. as in the developing countries there will not be the existing barriers to entry found in developed countries.
You may disagree with the amount or the economics, or simply be in favor of perpetuating the monopoly on transportation fuels enjoyed by the oil industry.. but to say it is a law designed to make you buy a government motors vehicle is a simplistic view at best. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1477 - 1983 Ski Nautique 2001 1967 Mustang 302 "Decoy" http://www.youtube.com/watch?v=cO5MkcBXBBs - Holeshot Video |
Posted By: harddock
Date Posted: February-21-2012 at 7:22pm
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Well the article I read stated it was for the Chevy Volt. Now if others were included they should have be mentioned. If it is only for the Volt then is perpetuating the monopoly of GM. I only know what I read but since you are so knowledgeable about all things government I stand corrected. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=4487" rel="nofollow - 1998 Ski Nautique |
Posted By: john b
Date Posted: February-21-2012 at 7:59pm
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I saw the rebate program at the Chevy dealer, it clearly showed a government rebate of $5,000. I still can't find a credable source that states that it is $7,500. The Chevy dealer has an incentive to get me the highest rebate to sell the car so I can't imagine he and the literature is wrong. If the rebate reaches $10,000 I think I will join my brother as a Volt owner. It would create some significant inconvenience however since it can't tow. I seem to always need to tow something and I don't want to have to borrow Mrs B's Escape all the time, nor does she want me to.
The best accessory any car can have........A Correct Craft stuck to the rear bumper. I'm afraid the Volt falls short in this area. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: March-03-2012 at 1:49pm
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I heard on the radio that the Volt production is shutting down and 1300 workers will be idled, anyone have any details? ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: OverMyHead
Date Posted: March-03-2012 at 1:59pm
I just found the story, sounds like the plan is to take five weeks off from production due to low sales. This is the car Obama said last week he wants to buy in FIVE years when he is out of office. Since things are looking shaky I say lets vote him out now to make sure he can get to buy a new model of his dream car.  ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: March-03-2012 at 2:27pm
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Barack had a hybrid Ford Escape back in the day before his current job, when he and Michelle worked at the University of Chicago. Some time before that he drove a Dodge Neon. There was a funny story in the paper here about a youth woman who bought a used Neon from a local dealer here and found out it was Barack's old car. She decided to keep it instead of going for the profit of selling it to some collector. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: eric lavine
Date Posted: March-04-2012 at 10:14am
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im very surprised that im not reading Cadillac anywhere, or a duece and a qauter ------------- "the things you own will start to own you" |
Posted By: MI-nick
Date Posted: March-05-2012 at 3:22pm
this is the government trying to dictate behavior...and subsidize a car that nobody wants to buy. the volt is not and most likely will never be a practical car. reminds me of driving through WV last weekend...huge mountains of coal and a big billboard titled "Obama's No Job Zone" highlighting how the EPA is killing coal... ------------- As far as I can tell, I'm not quite sure... |
Posted By: john b
Date Posted: March-05-2012 at 3:52pm
Better to kill coal than to let it kill us! BTW the Volt is an awesome car! My first video camera cost $2,400 in 1986 and had a separate recorder and camera to carry at about 10 pounds. My TI99 computer was a toy as well, and we didn't give up afterr marketing the Apple II computer. I remember people saying the interweb was a fad. If you stop moving forward you will be crushed by the steamroller of technological achievement. I have no idea why someone would not like the Volt. Is it just because you can't afford one? What is your objection? I could drive one all week on -0- gallons of gas, but still drive it cross country uninterrupted on a combination of gas and electric without plugging in. My brother loves it. On a daily commute of about 30 miles plus some farther trips it gets over 200 miles per gallon. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: MI-nick
Date Posted: March-05-2012 at 6:19pm
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how will coal kill us?? dangerous to mine?? global warming?? neither of those should be up to the EPA. if WV decides coal is a good idea, they should mine it. if other individual states decide coal is a good idea, they should mine it and built power plants.
the big difference b/w the volt and the other products you mentioned is that clearly people wanted video cameras and computers...it seems not many people want a volt. i take that back about the volt not being and never being practical...i forgot what it was and thought it was plug in electric. it's a good idea, but clearly it can't compete with the cars like the prius and I don't think the government should be subsidizing it's sales...nor should they have with the prius. ------------- As far as I can tell, I'm not quite sure... |
Posted By: john b
Date Posted: March-05-2012 at 9:57pm
I forgot, unlike the video camera and the computer, no one is interested in a fuel efficient car! ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: Gary S
Date Posted: March-05-2012 at 11:08pm
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Much like your video camera and Apple II John in 10 years a Volt will be just another worthless piece of electronic garbage that no one else will want either ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1711&sort=&pagenum=1&yrstart=1966&yrend=1970" rel="nofollow - 69 Mustang HM SS 95 Nautique Super Sport |
Posted By: Gary S
Date Posted: March-05-2012 at 11:25pm
Blah blah blah whats stopping him from buying one now? He could still buy one to show that he's not a big bag of wind and park it in his Chicago's house garage. Typical of ANY of our politicians, don't do as I do,do as I say. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1711&sort=&pagenum=1&yrstart=1966&yrend=1970" rel="nofollow - 69 Mustang HM SS 95 Nautique Super Sport |
Posted By: peter1234
Date Posted: March-05-2012 at 11:26pm
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I see the volt as a sporty version of the prius . I think that in time cars as these will be as common as any other car . if the government adds perks to buy into it then it might be doing it to help mainstream the whole idea . it is going to be an easier choice to make 5 yrs from now when they make up 20% of cars on the road. Do whatever it takes to advertise them or the idea of them I say. I wish i could carry one around with me in the back of my excursion. ------------- former skylark owner now a formula but I cant let this place go |
Posted By: Riley
Date Posted: March-05-2012 at 11:52pm
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The Volt doesn't seem too practical when you can buy a Cruz or Honda Civic for less than 1/2 the price and they get close to 40 mpg and will last at least 10 years.
Is GM leasing the Volt? |
Posted By: JoeinNY
Date Posted: March-06-2012 at 12:21am
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you guys buy em now I will buy them in 10 years, when they are 10 years old.. that is my wheel house. I will feel bad driving it to the lake in the summer when I stop at the station everyday to pick up 12 gallons whether I need em or not. One tank for each arm to keep me balanced walking down the steps, then one more trip for the beer and ice. But I won't feel that bad. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1477 - 1983 Ski Nautique 2001 1967 Mustang 302 "Decoy" http://www.youtube.com/watch?v=cO5MkcBXBBs - Holeshot Video |
Posted By: OverMyHead
Date Posted: March-06-2012 at 2:30am
It will look great seeing that little volt surrounded by suburbans full of secret service guys that Obama will get for life. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: March-06-2012 at 3:49am
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Maybe they can trade in the Sloburbans for Escalade hybrids! ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: March-06-2012 at 3:52am
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Nothing would intimidate the bad guys like secret service agents piling out of a clown car. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: March-06-2012 at 4:14am
I said Escalade hybrid, not Prius! ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: March-06-2012 at 4:21am
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Sorry, Reading to quickly I thought it read escape. Damn, it was a funny line too. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: john b
Date Posted: March-06-2012 at 4:28am
Escape a clown car? I'll have to fell my wife! We both love ours. ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: OverMyHead
Date Posted: March-06-2012 at 10:15pm
Sorry, I did not mean to knock your ride, But compared to a the standard issue government suburban,the visual is somewhat accurate. I test drove an escape in 2004 while helping my mom car shop. It was not a bad little car. We settled on a Saturn Vue with the Honda V6, She is still in love with the Saturn, she has the money to trade it in but will not do it, and there is really no reason to. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: GlassSeeker
Date Posted: March-06-2012 at 10:31pm
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Heck if Obama bought a Volt right now you guys would complain about that with some more nonsense ------------- This is the life |
Posted By: eric lavine
Date Posted: March-06-2012 at 10:33pm
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I think they will be introducing the LNG powered Dodge pickem truck here shortly, them crude boy's are doin some knee knockin......what will the world be like when we dont need to rely on black gold anymore? naaah will find something to fight about ------------- "the things you own will start to own you" |
Posted By: MI-nick
Date Posted: March-07-2012 at 11:42am
not at $40K..doesn't justify the savings in fuel cost...just doesn't make good sense...hence the temporary production stop...they should sell it at a loss for a while and hope the economies of scale catch up... ------------- As far as I can tell, I'm not quite sure... |
Posted By: Riley
Date Posted: March-07-2012 at 11:53am
| You can lease a Volt for $349/month. From what I've read, it can travel 375 miles non stop if you use the gas powered generator. I couldn't find what the gas mileage was under that scenario, but it's possible the savings do justify the cost. (The price of the lease is brought down by the $7500 tax credit). |
Posted By: eric lavine
Date Posted: March-07-2012 at 3:50pm
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and alot depends on how much fuel will spike to in the future, if it was 8 bucks you would be like white on rice with that car, maybe thats the game plan? ------------- "the things you own will start to own you" |
Posted By: azeus17
Date Posted: March-07-2012 at 7:51pm
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Holy cow...so much garbage in this thread it is hard to keep track of. Here is what I can remember to comment on: 1. There is a 7500 incentive to buy or lease a Volt right now (lease is $349/mo with 2500 down...I just got a quote, this is the base model)...you can be stubborn and reject new technology all you want. I will take my $3840 annual savings and laugh all the way to the bank. Or maybe I will wait for the Ford Fusion Energi later this year (better looking than the Volt IMO). 2. Presidents do not get secret service for life anymore...I think Slick Willy was the last...or maybe the first without...can't remember. 3. Why would GM not want to build a facility in the area it is going to sell the cars? The bottom line is that the majority of the money is coming home and supporting the white collar jobs here in America (by the way, there is some stat out there somewhere that I can not provide a link for, but it is like 3 white collar workers for every blue...something like that). That is the problem with Asian vehicles...that money goes back to support their white collar jobs. 4. Crap...I lost track of stuff to comment on... ------------- Boats: Current: 02 SANTE Sold: 89 Sport Nautique |
Posted By: eric lavine
Date Posted: March-07-2012 at 9:56pm
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you were on the right track, so would the argument be a good argument if we said Honda's are built right here in our back yard or...do we understand the reason they are built right here? ------------- "the things you own will start to own you" |
Posted By: harddock
Date Posted: March-07-2012 at 10:57pm
While your holding that thought, Everyday or at least every other Obama flies somewhere to make a speech which is televised telling me that I nee to concerve and lower my dependency on foreign oil. He Flys in a jet, has a parade of suburbans, vans cop cars and press gulping gallons and gallons of fuel. He could have any one of these speeches right at the white House and save his dependency on foreign oil but he feels the need to ride around in helicopters, jets and limos constantly. Why can't Obama practice what he preaches? You want him to drive a volt when he gets out of office. I'd like him to go pick his color tommorrow. Have it all ready to go in for November. ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=4487" rel="nofollow - 1998 Ski Nautique |
Posted By: quinner
Date Posted: March-07-2012 at 11:29pm
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Nice Start Adam, good stuff!! These Jap car guy's kill me, they bitch if GM is considering production overseas yet say it's OK to buy some Jap car because it was assembled here?? Getting my car for free, thanks buddy!!  ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1143" rel="nofollow - Mi Bowt |
Posted By: GlassSeeker
Date Posted: March-07-2012 at 11:32pm
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Last I checked he was the President of the United States of America If he didn't do that some rightwing whacko would shoot him. Just more nonsense ------------- This is the life |
Posted By: GlassSeeker
Date Posted: March-07-2012 at 11:35pm
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I saw one of newts speeches that was all about newt and on his podium is a big 2.50 LOL ------------- This is the life |
Posted By: quinner
Date Posted: March-07-2012 at 11:57pm
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Seeker, wish I could jump all over Obamas (or whatever his name is) bandwagon however what has he done to draw us in? He did nothing for Chicago or the State of Illinois while he was hitched to our wagon and has continued on that same path in Washington. He is nothing more then a politician, he has no business sense or experience yet is at the helm of the biggest business in the world, or at least that is what his title says??? ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1143" rel="nofollow - Mi Bowt |
Posted By: john b
Date Posted: March-08-2012 at 12:00am
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I think he should book a flight on Syrian Arab Airlines just like all heads of state do. Why bother with a security detail? Maybe he could drive a new Volt with Michelle and the kids. It would be nice to have him in the next seat on my upcoming Alaska Air or Southwest flights. I get the isle though. This is the United States. The president always has and hopefully always will travel freely. O'Bama is the president who cancelled the new $1,000,000,000 + presidential helicopters Bush had ordered commenting "Now I have never had a helicopter before, but these seem pretty nice. He is also one of the first to travel in a Gulfstream bizjet on some trips to avoid the cost of operating AF1 since they have operated it. Seems like you're digging pretty deep for criticism. What's wrong, the improving economy and positive employment figures not interesting to you any more? ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: GlassSeeker
Date Posted: March-08-2012 at 12:09am
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Q - I would vote for anybody who I thought had any better ideas/plans but I don't see anyone like that. I am an independent and have voted Rep and Dem in the past. I have lots of guns. I never thought Obama was going to take them and he didn't even though that was the threat from the peanut gallery. Like most all of the terrible things Obama was going to do...just didn't happen. I think Obama is more for the middle class than anybody else. The damage to our economy wasn't his doing and he has handled our business as good as anyone could under the circumstances IMO. I also voted for Ross Perot and decided it was a waste, we have a two party disfunctional system because nobody will get behind "the other guy" --the numbers always fall in behind the Dems and the Reps and so we get they guy that makes it to the top of that pile. The fight for the GOP nom right now shows how weak the candidates are and the Republicans have become...complain about Obama but he's probably going to get a second term he's still a better option than MittNewtRickRon. ------------- This is the life |
Posted By: quinner
Date Posted: March-08-2012 at 12:10am
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Thanks Obama, The State of Illinois is in absolute dire straights, if you are due a signifigant income tax refund you get a an IOU not a check, FACT, says you should have your money in 2-3 yrs, OK. You do business with the state and send an invoice, same deal, they owe me money there as well!! Your Buddy Rocks Seeker!! Edit, I used to feel like I was middle class, not so much the last several years, must be why he is not working for me!! Nothing personal seeker, just sick of all the BS, these guys driving their Jap cars with an American flag and a hope sticker, makes me just want to puke all over the place, in Illinois we already had our 4 years and our totally effed as a result!! ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1143" rel="nofollow - Mi Bowt |
Posted By: GlassSeeker
Date Posted: March-08-2012 at 12:23am
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Californias broke too...wasn't Obama...the economy has been hijacked for the richest 1%, Bush tax cuts in 2001 were the beginning. We were sold a pack of lies back then. The middle class has been bled out ever since--remember those tax credit checks from the federal govt? 500 or 600 or 200 if single I forget but if you were rich you got your break later and it was waaayyy bigger and it kept on coming tax breaks for the richest...not you and me. So increase tax on the rich, they never delivered the jobs that were supposed to come so here we are. ------------- This is the life |
Posted By: john b
Date Posted: March-08-2012 at 12:39am
The governor controls the budget, and here in Illinois 4 of the last 9 governors have gone to prison. The last one for trying to sell O'bama's vacated seat, among other things. Is it a surprise they have money problems? ------------- 1970 Mustang "Theseus' paradox" If everyone else is doing it, you're too late! |
Posted By: Gary S
Date Posted: March-08-2012 at 1:11am
Madigan and Daley/Emanuel control the budget don't kid yourself ------------- http://www.correctcraftfan.com/diaries/details.asp?ID=1711&sort=&pagenum=1&yrstart=1966&yrend=1970" rel="nofollow - 69 Mustang HM SS 95 Nautique Super Sport |
Posted By: OverMyHead
Date Posted: March-08-2012 at 3:50am
Lots when you do it with someone else's money! ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: OverMyHead
Date Posted: March-08-2012 at 4:06am
The Idea of a tax break is to give a break to those paying taxes. Remember at the federal level the top 5% pay 40% of the taxes and the top 10% pay 60%, so when reduce the burden, the top %5 should get 40% of the break and the top 10% should get 60%, otherwise it is just another plan to re-distribute wealth, which was that case with Bushes checks. People paying nothing received "a break". From what? The jobs we have we have are primarily do to the "rich". Are we grateful? I am, but the left just sees them a revenue source. Look at why they have stopped delivering jobs. The rich are humans and exhibit human behavior. they respond to rewards and punishments, If there is something you want from them you have to reward that behavior, and if you punish the behavior it will go away. Look at the states that are broke, California, Michigan , Illinois. who has dominated their government, republicans or democrats? ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: GlassSeeker
Date Posted: March-08-2012 at 5:07am
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When did they(the rich that got the big tax breaks)deliver the jobs? ------------- This is the life |
Posted By: OverMyHead
Date Posted: March-08-2012 at 5:10am
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Always for the history of this country. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: GlassSeeker
Date Posted: March-08-2012 at 5:16am
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I posted this on the gas price thread too I guess you missed it. Here's where the money all went, here's the demise of the middle class. http://en.wikipedia.org/wiki/Winner-Take-All_Politics_%28book%29" rel="nofollow - Winner-Take-All-Politics ------------- This is the life |
Posted By: OverMyHead
Date Posted: March-08-2012 at 5:37am
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I read it, Whats your point, the politics of income distribution does not change who crates jobs, we have private sector jobs, the majority of which are created by the 'Rich" and government jobs which (at the federal level)are paid for by taxes primarily from the "Rich". If not who is creating our jobs? ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: GlassSeeker
Date Posted: March-08-2012 at 5:57am
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I guess maybe you just don't see that the rules of the game have changed and you did not get the memo. For the history of this country---things have not always been the same and there have been booms and busts and no jobs before and a deficit that was 147% of GDP ...way more than today and even the projections into the future, which unless somebody pays more taxes are going to go on and on...do you want to eliminate Social Security? what will happen to our old people who are not rich? Soylent Green? I am not eating people LOL ------------- This is the life |
Posted By: OverMyHead
Date Posted: March-08-2012 at 6:13am
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change will always happen,Some is natural, and other is agenda driven. We have had big deficits in the past but they were from temporary expenditures which could be paid down, not permanent and growing spending, that is based on always growing from the previous year. You focus on more taxes but we can also cut spending. I look at what I have had to do because of this economy. I am taking another hourly cut this month of about $2 an hour on top of the large percentage of income I have lost over the past two years. That I am looking for a better job, but the short term reality is I either have to work more, (I already work most weekends), cut spending, or deficit spend from our savings. I dont think I can work much more so we will go back to our budget. The government does not have the option to work more, the more they work the more they cost, they don't make a product or a profit. So to reduce their deficit they have to take money from job creators, or cut spending. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: GlassSeeker
Date Posted: March-08-2012 at 6:31am
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And the Republicans are pushing Obama to attack Iran and Syria..war causes huge spending--billions-- gas would go through the roof if we attack Iran or Syria, I have an idea why not go ask the Isrealis whoever wants to come to the US come now because we are going to give back Israel and end all the trouble that having them there causes the US plus all the COSTS for what benefit?????? Have you not seen Mitts, Newts, and Ricks plans? all increase the deficit so what is different about them? ------------- This is the life |
Posted By: GlassSeeker
Date Posted: March-08-2012 at 6:33am
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I have not seen any Republicans making the govt smaller or cutting spending. So? ------------- This is the life |
Posted By: eric lavine
Date Posted: March-08-2012 at 10:42am
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Romney will line his buddy's pockets just as Bush did, I got a baaaad feeling about him, its not a gaydar but more of the used car salesman radar....he has the mentality of this is the way things are suppose to be (silver spoon) ------------- "the things you own will start to own you" |
Posted By: BuffaloBFN
Date Posted: March-08-2012 at 10:59am
Are you serious?!!? ------------- http://correctcraftfan.com/diaries/details.asp?ID=2331&sort=&pagenum=12&yrstart=1986&yrend=1990" rel="nofollow - 1988 BFN-sold "It's a Livin' Thing...What a Terrible Thing to Lose" ELO |
Posted By: OverMyHead
Date Posted: March-08-2012 at 11:10am
Many reasons for that, including getting beat up by the media if they do not compromise. and the republican establishment supporting RINOs to attract the middle. That is why we need true conservatives. Unfortunately we will not get one out of our current choices. we will have to get move the house and senate further right. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: eric lavine
Date Posted: March-08-2012 at 11:18am
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Buffaloed.....ironic ------------- "the things you own will start to own you" |
Posted By: eric lavine
Date Posted: March-08-2012 at 11:19am
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OMH, question for you, what are your thoughts on Romney? ------------- "the things you own will start to own you" |
Posted By: eric lavine
Date Posted: March-08-2012 at 11:20am
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im gonna rag him unti November 6th ------------- "the things you own will start to own you" |
Posted By: eric lavine
Date Posted: March-08-2012 at 11:22am
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Damn, I gotta take my Tacoma in again, this time for steering ------------- "the things you own will start to own you" |
Posted By: OverMyHead
Date Posted: March-08-2012 at 11:27am
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Eric, better than Obama, that's about it. ------------- For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats. 1987 Ski Nautique |
Posted By: BuffaloBFN
Date Posted: March-08-2012 at 11:53am
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Romney wasn't my first choice, but I don't see why he gets so much grief. I wasn't there when he worked with the Olympics, but try to imagine a more diverse group to keep happy at one time. ------------- http://correctcraftfan.com/diaries/details.asp?ID=2331&sort=&pagenum=12&yrstart=1986&yrend=1990" rel="nofollow - 1988 BFN-sold "It's a Livin' Thing...What a Terrible Thing to Lose" ELO |