GM to cut 10,000 salaried jobs . . . - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Steve · 02-10-2009, 11:33 AM

NEW YORK (AP) -- General Motors Corp. said Tuesday it will cut 10,000 salaried jobs, citing the need to restructure itself with a government deadline looming and amid some of the worst sales in the auto industry's history.

http://finance.yahoo.com/news/GM-to-...-14307259.html

Scott@Bjorn3D · 02-10-2009, 11:36 AM

This is sad. I really think they should give tax breaks for buying American cars and not letting this stimulus plan also go towards foriegn cars. We really need to start making stuff in America and keeping the money in America.

CamaroScotty · 02-10-2009, 11:38 AM

Quote:

Originally Posted by Scott@Bjorn3D

This is sad. I really think they should give tax breaks for buying American cars and not letting this stimulus plan also go towards foriegn cars. We really need to start making stuff in America and keeping the money in America.

Edrock · 02-10-2009, 11:44 AM

Well, as I understand it, at least the Stimulus plan (at the moment) has legislation in it that will allow new car buyers (like me with my new Cammie!!

) deduct the interest from the car loan on my taxes for the life of the loan. I hope that tid bit stays in there but we'll see. I agree though. We seemed to have become a country of services and that's it. You're right, we need to broaden the scope and begin to make things again. You can't survive on services alone...

kdbolt70 · 02-10-2009, 11:46 AM

I hope my father didn't lose his job... Though he was in the meeting yesterday with Wagoner and the financial people to discuss this whole mess, so he should be relatively safe for now.

rmyers · 02-10-2009, 11:55 AM

This is precisely what happens when you let the government get involved in private business. These layoffs are part of what they promised to Congress in order to show viability to the federal government as a result of the bailout they were asking for. And they are probably a part of what is required just to stay afloat.

Secondly, some foreign cars are also made in America. They provide jobs and livelihood for thousands maybe hundreds of thousands of Americans. Yes we do need to start building more in America and keeping more in America. But ask yourself what is the main reason we are loosing mfg jobs. I would say it is largely the result of unions driving up the cost of labor. Leading to people making 30.00 per hour for a 15 dollar per hour job.

Lastly, anyone thinking this is a stimulus bill, should do a little research. This is government spending like you have never seen, and our kids and grand kids will be paying for it.

*GTAHVIT* · 02-10-2009, 11:55 AM

Quote:

Originally Posted by kdbolt70

I hope my father didn't lose his job... Though he was in the meeting yesterday with Wagoner and the financial people to discuss this whole mess, so he should be relatively safe for now.

here's hoping.

fad1 · 02-10-2009, 12:01 PM

Hopefully GM pulls through. It seems cool that the Camaro save the world in Transformers, and It would be even Cooler to see Camaro to save GM in real life.

CamaroScotty · 02-10-2009, 12:02 PM

I remember when Regan said there was too MUCH Government involvment in things. How times have changed.

Wait, is this considered POLITICAL???

Melson · 02-10-2009, 02:22 PM

Yea I think it is, but Regan was right!

PQ · 02-10-2009, 02:57 PM

Our GDP is down from 80% to 20% over the last 40 yrs. Buy American is all good, but theres less and less American to buy. We are all becoming assimilated and resistance is futile.

Silver Streak · 02-10-2009, 03:52 PM

Quote:

Originally Posted by rmyers

This is precisely what happens when you let the government get involved in private business. These layoffs are part of what they promised to Congress in order to show viability to the federal government as a result of the bailout they were asking for. And they are probably a part of what is required just to stay afloat.

Secondly, some foreign cars are also made in America. They provide jobs and livelihood for thousands maybe hundreds of thousands of Americans. Yes we do need to start building more in America and keeping more in America. But ask yourself what is the main reason we are loosing mfg jobs. I would say it is largely the result of unions driving up the cost of labor. Leading to people making 30.00 per hour for a 15 dollar per hour job.

Lastly, anyone thinking this is a stimulus bill, should do a little research. This is government spending like you have never seen, and our kids and grand kids will be paying for it.

It would be nice to come to camaro site to get away from all polical debates. 24/7 everywhere! Oh well, guess that would be in a perfect world.

Blownhotrodder · 02-10-2009, 06:23 PM

Man I hope GM stays around long enough for you guys to get your camaros.

jeffny09 · 02-10-2009, 06:26 PM

this sux-i still beleave the world is coming to an end and the antichrist just might be here

02-10-2009, 11:33 AM	#1
Steve Ancalagon The Black Drives: 2013 Silverado 4X4, 2010 RJT 1SS Join Date: Nov 2008 Location: Upstate - NY Posts: 901	GM to cut 10,000 salaried jobs . . . NEW YORK (AP) -- General Motors Corp. said Tuesday it will cut 10,000 salaried jobs, citing the need to restructure itself with a government deadline looming and amid some of the worst sales in the auto industry's history. http://finance.yahoo.com/news/GM-to-...-14307259.html

02-10-2009, 11:44 AM	#4
Edrock Drives: '10 Camaro 2SS LS3 Join Date: Jan 2009 Location: Jamestown, NC Posts: 964 View My Garage	Well, as I understand it, at least the Stimulus plan (at the moment) has legislation in it that will allow new car buyers (like me with my new Cammie!!) deduct the interest from the car loan on my taxes for the life of the loan. I hope that tid bit stays in there but we'll see. I agree though. We seemed to have become a country of services and that's it. You're right, we need to broaden the scope and begin to make things again. You can't survive on services alone... __________________ DT Shorties, Solo hi-flow Cats, X-pipe, resonator delete, Flowmaster Super-44s, VMAX TB, Stronger MAF, C.A.I. Intake with race scoop, and JRE Tune! WOT is my happy place!!

02-10-2009, 11:46 AM	#5
kdbolt70 Drives: 2010 Camaro 2SS/RS Join Date: Oct 2008 Location: Haslett, Mi Posts: 1,287 View My Garage	I hope my father didn't lose his job... Though he was in the meeting yesterday with Wagoner and the financial people to discuss this whole mess, so he should be relatively safe for now. __________________ 2SS/RS Victory Red M6 w/ Black Rallys #3305 Muffler Delete, Lloyd "SS" Floormats, K&N Aircharger, Skip Shift Eliminator, Blacked Bowties

02-10-2009, 02:57 PM	#11
PQ Booooosted. Drives: 2010 Supercharged SS Join Date: Apr 2008 Location: Mobile, AL Posts: 36,716 View My Garage	Our GDP is down from 80% to 20% over the last 40 yrs. Buy American is all good, but theres less and less American to buy. We are all becoming assimilated and resistance is futile. __________________

02-10-2009, 06:26 PM	#14
jeffny09 Drives: 2010 camaro Join Date: Nov 2008 Location: new york Posts: 5,618	this sux-i still beleave the world is coming to an end and the antichrist just might be here __________________ top 10 reason why real men drive stick. 10. A manual transmission is the ultimate in control 9. You can use automotive jargon and not sound like a total tool 8. You can't spell "manual" without "man" 7. Manual transmissions prove you can do more than one thing at a time 6. You can't drift in an auto 5. You can't pull fancy moves in an automatic 4. You get better fuel economy with a stick 3. You’ll never look like a chump if you can drive stick 2. Manual transmission cars are faster 1. Women like a guy who is good with his hands.

02-10-2009, 11:36 AM	#2
Scott@Bjorn3D Drives: Kami, 2013 2SS LS3 Luvin Join Date: Oct 2008 Location: Eufaula, Alabama Posts: 6,427	This is sad. I really think they should give tax breaks for buying American cars and not letting this stimulus plan also go towards foriegn cars. We really need to start making stuff in America and keeping the money in America.

02-10-2009, 11:55 AM	#6
rmyers Drives: Both American Made Join Date: Feb 2008 Location: Texas Posts: 781	This is precisely what happens when you let the government get involved in private business. These layoffs are part of what they promised to Congress in order to show viability to the federal government as a result of the bailout they were asking for. And they are probably a part of what is required just to stay afloat. Secondly, some foreign cars are also made in America. They provide jobs and livelihood for thousands maybe hundreds of thousands of Americans. Yes we do need to start building more in America and keeping more in America. But ask yourself what is the main reason we are loosing mfg jobs. I would say it is largely the result of unions driving up the cost of labor. Leading to people making 30.00 per hour for a 15 dollar per hour job. Lastly, anyone thinking this is a stimulus bill, should do a little research. This is government spending like you have never seen, and our kids and grand kids will be paying for it.

02-10-2009, 12:01 PM	#8
fad1 Drives: Future 5th gen Camaro Join Date: May 2008 Location: Los Angeles California Posts: 1,108	Hopefully GM pulls through. It seems cool that the Camaro save the world in Transformers, and It would be even Cooler to see Camaro to save GM in real life.

02-10-2009, 12:02 PM	#9
CamaroScotty Account Suspended Drives: Your new SLP Camaro! Join Date: Jul 2008 Location: Cedarburg, WI Posts: 6,801	I remember when Regan said there was too MUCH Government involvment in things. How times have changed. Wait, is this considered POLITICAL???

02-10-2009, 02:22 PM	#10
Melson Drives: Wild Cherry Join Date: Nov 2008 Location: Keller, Texas Posts: 430	Yea I think it is, but Regan was right!

02-10-2009, 06:23 PM	#13
Blownhotrodder Drives: 2018 ZL1 1LE Join Date: Dec 2008 Location: Clarkesville , GEORGIA Posts: 1,859	Man I hope GM stays around long enough for you guys to get your camaros.

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