Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com
 
Cold Air Inductions
Go Back   Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com > Members Area > General Automotive + Other Cars Discussion

General Automotive + Other Cars Discussion Come chat about other cars.

Reply
 
Thread Tools
Old 01-25-2010, 11:43 AM   #1
R6P

 
R6P's Avatar
 
Drives: 2010 Camaro
Join Date: Aug 2009
Location: Quahog, Rhode Island
Posts: 1,102
GM to pay back US & Canada loans in June

• GM commits to paying back US and Canadian government loans by June

DETROIT – Edward E. Whitacre, Jr., has agreed to continue as chairman and CEO of General Motors, it was announced today.

Speaking at a press conference at GM’s headquarters, Whitacre also expressed the GM board’s commitment that the company will pay back in full the U.S. Treasury and the Canadian and Ontario government loans by June.

Whitacre’s appointment reflects GM’s progress since the new company was formed last summer. “The board of directors asked if I would be willing to stay on at GM and help continue the company’s road back to success,” Whitacre said. “Having spent the past few months learning the business, meeting with our employees, customers and dealers, and working with the GM leadership team, I was both honored and pleased to accept this role. This is a great company with an even greater future, and I want to be part of it.

“We’ve made significant progress in the past couple of months, so much so that I can confirm with certainty that we will pay back in full the U.S. Treasury and Canadian and Ontario government loans by June,” Whitacre said. “This represents a significant milestone in our journey back to being a profitable and viable company.

R6P is offline   Reply With Quote
Old 01-25-2010, 11:52 AM   #2
ROD1
Back to the hunt....
 
ROD1's Avatar
 
Drives: 2010 Camaro RS V6 #1301 DOB 3/23/09
Join Date: Aug 2009
Location: Ithaca NY
Posts: 2,561
Cool, amazing what gettin ridda all the deadwood can do for the forest!
ROD1 is offline   Reply With Quote
Old 01-25-2010, 11:53 AM   #3
greenrail
Comic Curmudgeon
 
greenrail's Avatar
 
Drives: 2010 Camaro 2SS-2010 VW CC Sport
Join Date: Mar 2008
Location: Near Chicago, IL
Posts: 2,396
I sincerly hope they can accomplish this. I know that many of my friends within GM have been going through the mill lately.

Once they can regain their independence, they can start to focus even more on product and get the train back on the track!!
__________________
Member Illinois Camaro Club
His Name is Rosie - "Speak Softly and Carry a Big Stick!" - If you know who said that, then you know the genesis of his name.
greenrail is offline   Reply With Quote
Old 01-25-2010, 11:56 AM   #4
R6P

 
R6P's Avatar
 
Drives: 2010 Camaro
Join Date: Aug 2009
Location: Quahog, Rhode Island
Posts: 1,102
Quote:
Originally Posted by ROD1 View Post
Cool, amazing what gettin ridda all the deadwood can do for the forest!
I'd like to beleive the success of the Camaro played a substantial role as well.
R6P is offline   Reply With Quote
Old 01-25-2010, 12:22 PM   #5
Edrock

 
Edrock's Avatar
 
Drives: '10 Camaro 2SS LS3
Join Date: Jan 2009
Location: Jamestown, NC
Posts: 964
Quote:
Originally Posted by ChevyTech View Post
I'd like to beleive the success of the Camaro played a substantial role as well.
Without a doubt, it certainly helped.
__________________
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!!
Edrock is offline   Reply With Quote
Old 01-25-2010, 12:24 PM   #6
kentf
 
Drives: 2010 camaro Black/White Stripes SS
Join Date: Jan 2010
Location: Conyers, Ga
Posts: 81
I am sure the Camaro had a big impact on the success of GM. The car that saved GM!!
kentf is offline   Reply With Quote
Old 01-25-2010, 01:27 PM   #7
2010SSRSM6
SoCal C5 Family Member
 
2010SSRSM6's Avatar
 
Drives: My wife crazy with my C5 usage.
Join Date: Apr 2009
Location: SoCal
Posts: 5,856
Too bad the retiree's are the one's that got the shaft to pay the loan money back. My grandfather did 35 years at Fisher Body and was given 1 day's notice that he no longer has health insurance. Unless he wanted to pay $150 more per month then his retirement. The UAW should be ashamed of themselves for screwing over those who suffered so they can flurish!
__________________
Powered by Cunningham MotorSports

Last edited by 2010SSRSM6; 01-25-2010 at 04:37 PM. Reason: misspelled a key word. :(
2010SSRSM6 is offline   Reply With Quote
Old 01-25-2010, 04:27 PM   #8
Ravirn
Account Unaccounted for
 
Ravirn's Avatar
 
Drives: Black SS
Join Date: Dec 2009
Location: Alberta, Canada
Posts: 1,794
Quote:
Originally Posted by ChevyTech View Post
• GM commits to paying back US and Canadian government loans by June

DETROIT – Edward E. Whitacre, Jr., has agreed to continue as chairman and CEO of General Motors, it was announced today.

Speaking at a press conference at GM’s headquarters, Whitacre also expressed the GM board’s commitment that the company will pay back in full the U.S. Treasury and the Canadian and Ontario government loans by June.

Whitacre’s appointment reflects GM’s progress since the new company was formed last summer. “The board of directors asked if I would be willing to stay on at GM and help continue the company’s road back to success,” Whitacre said. “Having spent the past few months learning the business, meeting with our employees, customers and dealers, and working with the GM leadership team, I was both honored and pleased to accept this role. This is a great company with an even greater future, and I want to be part of it.

“We’ve made significant progress in the past couple of months, so much so that I can confirm with certainty that we will pay back in full the U.S. Treasury and Canadian and Ontario government loans by June,” Whitacre said. “This represents a significant milestone in our journey back to being a profitable and viable company.

The term "payback loans" is a bit misleading. GM will repay the US Government the $6.7 billion in loans it received last year. But the US Government spent over $50 billion bailing out GM. The US Feds will still own 61% of GM (a debt repayment that was converted to equity).

How quickly the US Government sells it's shares will have a decided factor in the future of GM. I can appreciate that GM has made good money, and will be repaying the loans. But that amount is barely over 10% of what the Government put out to help. Hopefully the US Government doesn't go nuts and start dumping stock. (I seriously don't think they'd do this, but hey... we've seen weirder things happen.)

So far, so good! Let's hope it continues in the years to come!
__________________
WARLOCK (Black 2SSRS LS3) - A work in progress.
Ravirn is offline   Reply With Quote
Old 01-25-2010, 04:28 PM   #9
FenwickHockey65
General Motors Aficionado
 
FenwickHockey65's Avatar
 
Drives: 2003 GMC Envoy SLE/2007 Ford F-150
Join Date: Aug 2008
Location: Florida
Posts: 31,469
Send a message via AIM to FenwickHockey65
Quote:
Originally Posted by 2010SSRSM6 View Post
Too bad the retiree's are the one's that got the shaft to pay the loan money back. My grandfather did 35 years at Fisher Body and was given 1 day's notice that he no longer has health insurance. Unless he wanted to pay $150 more per month then his retirement. The UAW should be ashamed of themselves for screwing over those who surrered so they can flurish!
We lost dental and vision...
__________________
FenwickHockey65's GM Thread!

My Cars: 2003 GMC Envoy SLE, 2007 Ford F-150 XL (State-issued)
Extended Family: 2013 GMC Terrain SLE, 1998 GMC Sonoma SLS Extended Cab

FenwickHockey65 is offline   Reply With Quote
Old 01-25-2010, 07:06 PM   #10
Mr. Wyndham
I used to be Dragoneye...
 
Mr. Wyndham's Avatar
 
Drives: 2014 Camaro 1LE
Join Date: Jan 2007
Location: Buffalo, NY
Posts: 25,786
Send a message via AIM to Mr. Wyndham
Quote:
Originally Posted by 2010SSRSM6 View Post
Too bad the retiree's are the one's that got the shaft to pay the loan money back. My grandfather did 35 years at Fisher Body and was given 1 day's notice that he no longer has health insurance. Unless he wanted to pay $150 more per month then his retirement. The UAW should be ashamed of themselves for screwing over those who suffered so they can flurish!
On the contrary...as bad as it is...and clearly unfortunate (I have relatives who've worked at GM, too) -- they should be commended for finally eliminating (if not completely) one of the bigger reasons GM was hurting in the first place.

EDIT: oh...and on topic -- good news!! Once this is payed off...all this money after June will be pure reinvestment/profit....and a billion or so a month is A TON of money!!!
__________________
"Keep the faith." - - Read Before You Post.
SIGN UP for 2014 Camaro5 HPDE @ Gingerman Raceway!
Mr. Wyndham is offline   Reply With Quote
Old 01-25-2010, 07:35 PM   #11
Number 3
Hail to the King baby!
 
Number 3's Avatar
 
Drives: '13 ATS 2.0T & '14 Chevrolet SS
Join Date: Dec 2008
Location: Illinois
Posts: 8,003
Quote:
Originally Posted by ROD1 View Post
Cool, amazing what gettin ridda all the deadwood can do for the forest!
I am hoping by deadwood you mean the horendous legacy costs GM had on the books and not the people. I had to fire 5 people last year............all far from deadwood...........and I won't go into what happened to Mrs. Number 3, a 25 year veteran of GM who was "terminated" 2 weeks after receiving her 25 year service award.

Quote:
Originally Posted by 2010SSRSM6 View Post
Too bad the retiree's are the one's that got the shaft to pay the loan money back. My grandfather did 35 years at Fisher Body and was given 1 day's notice that he no longer has health insurance. Unless he wanted to pay $150 more per month then his retirement. The UAW should be ashamed of themselves for screwing over those who suffered so they can flurish!
Salaried employees took the burden here. The UAW is guaranteed no cost health care with minimal deductibles forever...........unless they mismanage the billions. Where do you think the other 30% of ownership went?

Quote:
Originally Posted by Ravirn View Post
The term "payback loans" is a bit misleading. GM will repay the US Government the $6.7 billion in loans it received last year. But the US Government spent over $50 billion bailing out GM. The US Feds will still own 61% of GM (a debt repayment that was converted to equity).

How quickly the US Government sells it's shares will have a decided factor in the future of GM. I can appreciate that GM has made good money, and will be repaying the loans. But that amount is barely over 10% of what the Government put out to help. Hopefully the US Government doesn't go nuts and start dumping stock. (I seriously don't think they'd do this, but hey... we've seen weirder things happen.)

So far, so good! Let's hope it continues in the years to come!
Our only hope is that it isn't all at once so President Obama can say, "see big government works. GM not only paid us back the loans but we made a profit on the stock!!!!!!! by selling it all to China"

Quote:
Originally Posted by FenwickHockey65 View Post
We lost dental and vision...
Thank you sir!!!!
__________________
"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley Link to Every Camaro photo I've taken in Hi-Resolution
Number 3 is offline   Reply With Quote
Old 01-25-2010, 09:53 PM   #12
Fraxum


 
Fraxum's Avatar
 
Drives: 2013 TT IOM 1LE
Join Date: Jan 2010
Location: South NJ
Posts: 2,658
Send a message via AIM to Fraxum
Now if only the GM losers would pay back all the shareholders they ripped off.
Fraxum is offline   Reply With Quote
Old 01-25-2010, 10:02 PM   #13
Mr. Wyndham
I used to be Dragoneye...
 
Mr. Wyndham's Avatar
 
Drives: 2014 Camaro 1LE
Join Date: Jan 2007
Location: Buffalo, NY
Posts: 25,786
Send a message via AIM to Mr. Wyndham
Quote:
Originally Posted by Fraxum View Post
Now if only the GM losers would pay back all the shareholders they ripped off.
Oh? Who is "they"? And would you like to credit them with 30 years of "good things turned bad" plus last year's perfect storm?

You could....I suppose. I'd be extremely asinine, though...
__________________
"Keep the faith." - - Read Before You Post.
SIGN UP for 2014 Camaro5 HPDE @ Gingerman Raceway!
Mr. Wyndham is offline   Reply With Quote
Old 01-25-2010, 10:18 PM   #14
Fraxum


 
Fraxum's Avatar
 
Drives: 2013 TT IOM 1LE
Join Date: Jan 2010
Location: South NJ
Posts: 2,658
Send a message via AIM to Fraxum
Quote:
Originally Posted by Dragoneye View Post
Oh? Who is "they"? And would you like to credit them with 30 years of "good things turned bad" plus last year's perfect storm?

You could....I suppose. It'd be extremely asinine, though...
I corrected your I'd to it'd. You meant me.

I may have asinine thoughts, but don't you think building low quality cars and focusing on 5,000 lb. trucks was pretty asinine too for the last 10 years? Then they get the bailout and are then allowed to screw all of their faithful shareholders? Now they can start paying back their loans. Big whoop.

However, I am happy more GM employees did not lose their jobs.

All the big execs at GM are enjoying bonuses and fat cat life styles, even though they ruined the company. The rest of us are enjoying the economy GM helped ruin.
Fraxum is offline   Reply With Quote
Old 01-26-2010, 05:43 AM   #15
Number 3
Hail to the King baby!
 
Number 3's Avatar
 
Drives: '13 ATS 2.0T & '14 Chevrolet SS
Join Date: Dec 2008
Location: Illinois
Posts: 8,003
Quote:
Originally Posted by Fraxum View Post
I corrected your I'd to it'd. You meant me.

I may have asinine thoughts, but don't you think building low quality cars and focusing on 5,000 lb. trucks was pretty asinine too for the last 10 years? Then they get the bailout and are then allowed to screw all of their faithful shareholders? Now they can start paying back their loans. Big whoop.

However, I am happy more GM employees did not lose their jobs.

All the big execs at GM are enjoying bonuses and fat cat life styles, even though they ruined the company. The rest of us are enjoying the economy GM helped ruin.
Fraxum, where do you get this?

First of all everyone seems to think that GM should not have been making trucks. Trucks make money..............they still do. So as a shareholder you wanted GM to make less money? That makes no sense.

"Faithful" shareholders? When did that ever mean anything. You had a chance to get out at any point you wanted. My financial advisor pulled me out 2 years ago because he saw it coming. So as a loyal employee, even I didn't hang on till worthless. Don't you read the fine print on all the infomercials....."No guarantee of profits, your results may vary".

And I am completely baffled on where you get this fat cat lifestyle crap. I know some of the execs you think are living as fat cats. They haven't had bonuses in YEARS. Many of them were let go or "retired" just like my wife was last year and many, many more we releveled and are no longer executives.

Sorry, just had to clear those up for you.....................but as is often the case.................the truth doesn't sway the uniformed.
__________________
"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley Link to Every Camaro photo I've taken in Hi-Resolution
Number 3 is offline   Reply With Quote
Old 01-26-2010, 06:05 AM   #16
R6P

 
R6P's Avatar
 
Drives: 2010 Camaro
Join Date: Aug 2009
Location: Quahog, Rhode Island
Posts: 1,102


I started this thread announcing what I considered to be good news for us, GM, US and Canada, dare I say "the worlds" economic state... (OK, that one might be a stretch)
It wasn't posted to start a debate, but I guess that's the nature of the internet

Can we just try to see the future looks bright
R6P is offline   Reply With Quote
Old 01-26-2010, 06:39 AM   #17
1badSS/RS

 
1badSS/RS's Avatar
 
Drives: Rally Yellow Transformers pkg
Join Date: Aug 2009
Location: crossville,tennessee
Posts: 1,029
WOW!! Amazing and great news. Get the govt. out,
1badSS/RS is offline   Reply With Quote
Old 01-26-2010, 07:44 AM   #18
DkknightX
Account Suspended
 
Drives: 2006 Chevrolet Cobalt SS/SC Stage 2
Join Date: Dec 2008
Location: Emerson, NJ
Posts: 1,394
Quote:
Originally Posted by Number 3 View Post
I am hoping by deadwood you mean the horendous legacy costs GM had on the books and not the people. I had to fire 5 people last year............all far from deadwood...........and I won't go into what happened to Mrs. Number 3, a 25 year veteran of GM who was "terminated" 2 weeks after receiving her 25 year service award.
I think he was referring to all the shady, extraneous dealerships that had their GM new car dealer licenses expire and not renewed. I'm sure this helped a ton and thank God they shut down D&C Chevrolet of Westwood, NJ. What a crap hole of a dealership that place was. Underhanded finance department, shady management, unsympathetic and horrible service department. Can't believe those a-holes actually had the balls to give my father a military discount, seal the deal and then call my parents up the next day saying that the finance manager messed up and wasn't supposed to give my father the discount and demanded us to give the money back to him. In good faith, we returned half of it, but we shouldn't. We're paying your finance department, as professionals, to make sure all the I's are dotted and the T's are crossed. If you screw up in our favor. Tough luck for you and your dealership. The guy was actually threatening us. Glad they got flushed down the toilet. I spit on them before I flushed. Good riddance!

Hey Number 3, you can't save the world man. Have to crack eggs to make an omelette. With all of the buzz surrounding GM going down the crapper for the better part of 40 years, I'm sure all of the executives saw all the rats jumping ship but failed to plan accordingly. Instead of having a "wait and see" attitude, they should have been actively looking for other jobs feverishly in the meantime. That's what my wife did working in Pharmaceuticals. 1 year stint, blurbs of the company being merged/bought out and she wasted NO time looking for another job. Found one before the ship sank with her on board. Yeah, it sucks those people lost their jobs, but if you don't have a contingency plan, that is your problem and you can complain/whine about firing people all day. If they didn't have a back-up plan? Please don't make it our problem.

Last edited by DkknightX; 01-26-2010 at 07:55 AM.
DkknightX is offline   Reply With Quote
Old 01-26-2010, 08:06 AM   #19
Shifty 6
 
Drives: 2010 GTI
Join Date: Jun 2008
Location: Morton, IL
Posts: 679
My guess is, I could get my new camaro in June if I wasn't burdened with that pesky legacy mortgage on my house. I am glad GM is doing much better. But I have to say, I am not shocked that when they eliminated the huge burden of the legacy costs they are fairly profitable.

As to the guy who says GM was foolish for making poor quality cars and 5,000 lbs trucks.....

The trucks were the highest selling vehicle with the exception of a 3-5 month period (i speak in generalities for simplicity) Go look at the Honda and Tyoter (Toyota) lots right now. The Hybrids are stacking up like rabbits. We are in America, Americans want the SUV, the bigger the better. The small car people are saying "we NEED $4 gas to help move these cars. No one is buying them."

For the quality of cars. Yes they have struggled in the past, but go look at the CTS, Malibu, Equinox, Camaro, Cobalt, Acadia, all the Buick cars... it's home run after home run. You can't design a car in 6 months, so it is obvious the government wasn't the one to "fix" everything.
Shifty 6 is offline   Reply With Quote
Old 01-26-2010, 08:16 AM   #20
DkknightX
Account Suspended
 
Drives: 2006 Chevrolet Cobalt SS/SC Stage 2
Join Date: Dec 2008
Location: Emerson, NJ
Posts: 1,394
Quote:
Originally Posted by Shifty 6 View Post
My guess is, I could get my new camaro in June if I wasn't burdened with that pesky legacy mortgage on my house. I am glad GM is doing much better. But I have to say, I am not shocked that when they eliminated the huge burden of the legacy costs they are fairly profitable.

As to the guy who says GM was foolish for making poor quality cars and 5,000 lbs trucks.....

The trucks were the highest selling vehicle with the exception of a 3-5 month period (i speak in generalities for simplicity) Go look at the Honda and Tyoter (Toyota) lots right now. The Hybrids are stacking up like rabbits. We are in America, Americans want the SUV, the bigger the better. The small car people are saying "we NEED $4 gas to help move these cars. No one is buying them."

For the quality of cars. Yes they have struggled in the past, but go look at the CTS, Malibu, Equinox, Camaro, Cobalt, Acadia, all the Buick cars... it's home run after home run. You can't design a car in 6 months, so it is obvious the government wasn't the one to "fix" everything.
Home run after home run, eh? Shall I break out the quotes from Jeremy Clarkson after he reviewed a Caddy CTS? Car was a toy with many craftsmanship issues and cheap, disposable parts for a country that embraces a "throw-away" economy. Hardly a home-run. Hopefully the attention to quality and detail can improve once we put all this behind us. I still say the composite metal on the Gen4 Camaro was far superior to the crap sheet metal we're getting on the Gen5.
DkknightX is offline   Reply With Quote
Old 01-26-2010, 12:47 PM   #21
LOWDOWN
Downright Upright
 
LOWDOWN's Avatar
 
Drives: Daily
Join Date: Apr 2009
Location: Cruisin'...
Posts: 3,901
Two points here:

1) GM got it's one and only "bailout"...so, don't be throwin' around BILLION$ till you're damn sure the Volt/Cruze/Spark are HIT$...and a new C/K is ready... What's another year?! They'll NOT have the chance to get more, if they pay 'er back too quickly...

2) The "pain" has been pretty well spread around. Some terribly arbitrary decisions have been made re: Dealer body (NOT all the cancelled ones "deserved" it, some saved did...), employees (some families lost BOTH incomes...), suppliers (who deserved it why?), shareholders (the writing was on the wall a very long time...), bondholders (ditto), ad nauseum...
__________________
LOWDOWN is online now   Reply With Quote
Old 01-26-2010, 02:32 PM   #22
LOWDOWN
Downright Upright
 
LOWDOWN's Avatar
 
Drives: Daily
Join Date: Apr 2009
Location: Cruisin'...
Posts: 3,901
Now for some news that's SPECIFIC to this Forum...

Anyone, here, know a guy by the name of Vince Muniga? He was the guy involved "behind the scenes" in PR/Media/Print for the Camaro Launch, arguably a VERY successful launch indeed, right?

Yup...Vince got canned in April, just as the car came to Market...

"Thanks for a job VERY well done..."
__________________
LOWDOWN is online now   Reply With Quote
Old 01-26-2010, 02:38 PM   #23
Mr. Wyndham
I used to be Dragoneye...
 
Mr. Wyndham's Avatar
 
Drives: 2014 Camaro 1LE
Join Date: Jan 2007
Location: Buffalo, NY
Posts: 25,786
Send a message via AIM to Mr. Wyndham
Quote:
Originally Posted by LOWDOWN View Post
Two points here:

1) GM got it's one and only "bailout"...so, don't be throwin' around BILLION$ till you're damn sure the Volt/Cruze/Spark are HIT$...and a new C/K is ready... What's another year?! They'll NOT have the chance to get more, if they pay 'er back too quickly...
On the other hand, they're making profit right now, or they wouldn't be able to pay these loans back (as they started to already last year)...and if, out of fear/caution, they held on the money....the longer they did so the worse PR it would bring.

Quote:
Originally Posted by LOWDOWN View Post
2) The "pain" has been pretty well spread around. Some terribly arbitrary decisions have been made re: Dealer body (NOT all the cancelled ones "deserved" it, some saved did...), employees (some families lost BOTH incomes...), suppliers (who deserved it why?), shareholders (the writing was on the wall a very long time...), bondholders (ditto), ad nauseum...
All stories have two sides...and sadly, not all of them have happy endings.

Quote:
Originally Posted by LOWDOWN View Post
Now for some news that's SPECIFIC to this Forum...

Anyone, here, know a guy by the name of Vince Muniga? He was the guy involved "behind the scenes" in PR/Media/Print for the Camaro Launch, arguably a VERY successful launch indeed, right?

Yup...Vince got canned in April, just as the car came to Market...

"Thanks for a job VERY well done..."
Again...two sides to every story. What was his seniority? Did he stand out among his peers? Why was he let go?
__________________
"Keep the faith." - - Read Before You Post.
SIGN UP for 2014 Camaro5 HPDE @ Gingerman Raceway!
Mr. Wyndham is offline   Reply With Quote
Old 01-26-2010, 02:57 PM   #24
5thGenOwner

 
Drives: 20TEN SS/RS L99 (SIM)
Join Date: Nov 2009
Location: So Cal
Posts: 1,928
It's hard to say anything about this... without getting political. There is alot behind the scenes that even those on this board don't know about (yes, even you #3). Whether we want to admit it or not, governments now own this company (along with a small slice for the unions). And I can not believe that the OWNERS of this company do not have a say in what goes on.

That being said... this whole announcement reeks of some kind of political stunt. Exactly as a prior poster said, so this administration can pat itself on the back and say "see it worked".

If anything... I'll believe it when I see it! Stop promising us stuff, then making excuses when you fail. Like Nike... JUST DO IT!

EDIT: Or like my step-father has always told me... "Don't tell me what you are going to do (in 6 months), show me what you have done!"
__________________
5thGenOwner is offline   Reply With Quote
Old 01-26-2010, 03:16 PM   #25
Brokinarrow


 
Brokinarrow's Avatar
 
Drives: 2012 Honda NC700x
Join Date: Sep 2008
Location: Indianola, IA
Posts: 5,341
Quote:
Originally Posted by 5thGenOwner View Post
It's hard to say anything about this... without getting political. There is alot behind the scenes that even those on this board don't know about (yes, even you #3). Whether we want to admit it or not, governments now own this company (along with a small slice for the unions). And I can not believe that the OWNERS of this company do not have a say in what goes on.

That being said... this whole announcement reeks of some kind of political stunt. Exactly as a prior poster said, so this administration can pat itself on the back and say "see it worked".

If anything... I'll believe it when I see it! Stop promising us stuff, then making excuses when you fail. Like Nike... JUST DO IT!

EDIT: Or like my step-father has always told me... "Don't tell me what you are going to do (in 6 months), show me what you have done!"
well, they HAVE been making money and are CONTINUING to do so. I'd say their prediction is pretty accurate.
__________________
Brokinarrow is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Go Team Canada! Ravirn Canada 80 01-06-2010 07:02 PM
Awesome New Exhaust Systems Being Developed By SOLO PERFORMANCE Xmicro_SS Camaro V8 LS3 / L99 Engine, Exhaust, and Bolt-Ons 10 09-05-2009 07:38 PM
Detroit Three seek $6.8 billion from Canada, Ontario DGthe3 General Automotive + Other Cars Discussion 5 12-08-2008 07:55 PM
Its good to have it back!!! redsap05 5th Gen Camaro SS LS LT General Discussions 4 12-01-2008 09:37 PM


All times are GMT -5. The time now is 09:01 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.