FbodFather!!!!!!!!

[Russo]

Originally Posted by v6sonoma

My guess is Rick Hendrick would have bought them all. He buys all of the other ones.

or Jay Leno...

GM would be a better company had they not taken the bailout.. look at Ford, it's the best American company we have, they didn't sell out like Chrysler (which i'm glad they sold to the Italians, now they are going to build good cars) and they didn't hook the taxpayer on yet another government exhibition that will perpetually end up hurting all of us for the sake of a small group in Michigan..

[dkp2LT]

Quick highjack based on the thread title - wonder if we could get a Fbodfather light to shine over detroit &/or a Fbodphone for emergencies? Maybe Commissioner Tran could get this for us?

However I'm sure he'd come for this thread.

[SPCBA]

Originally Posted by Gunslinger09

Yep.

Most of the bailout was a sop to the UAW. Bankruptcy would have voided the union contracts and GM would have been able to negotiate a much lower wage and benefits package after the BK. Lee Iacocca did it with Chrysler back in the early 80s and the UAW could see it happening again and pulled some strings with the people in the Whitehouse.

bankruptcy would have been better would allowed gm to get out of some bad contracts they collectively bargained for with their various unions. if you do research the smaller unions associated with gm all got the shaft while the main ones are sitting pretty. crony politics much...smaller groups didnt have the money to buy their way into DC

[SPCBA]

Originally Posted by Russo

or Jay Leno...

GM would be a better company had they not taken the bailout.. look at Ford, it's the best American company we have, they didn't sell out like Chrysler (which i'm glad they sold to the Italians, now they are going to build good cars) and they didn't hook the taxpayer on yet another government exhibition that will perpetually end up hurting all of us for the sake of a small group in Michigan..

so full of made up bullshit and falsehoods. Ford did take some of the bailouts.....do your research and think for yourself instead of regurgitating bullshit you heard from bullshit sources.

[SlingShot]

Originally Posted by SPCBA

so full of made up bullshit and falsehoods. Ford did take some of the bailouts.....do your research and think for yourself instead of regurgitating bullshit you heard from bullshit sources.

Ford took out over 5 billion in government loans, before the bottom fell out.

[The_Blur]

We are not having a political discussion in here. A lot of people have very strong and frequently uninformed perspectives on what happened with GM. Stop posting politics in here.

[toesuf94]

[MyIBMssRS]

Originally Posted by Comrando

GM does not own the Corvette museum.

Most of the cars on display are on loan.

The last C6 is going to the GM Heritage Center, not the Corvette museum.

[CWI]

Quote:
Originally Posted by Partlow
Funny fact about MPG... I work with a guy that went to Germany a few years ago, while in Germany he rented a volkswagon passat. Driving in the CITY he was getting 70+mpg. He thought that was incredible and wrote every single option on the passat down, & planned on buying the same one when he came back to the states.

When he arrived at a VW dealer he told them everything on the list, the sales associate said they could do it all but the engine. He said that the US won't allow that engine to be used in the states because it's "Carbon Footprint".

The way the states measure Carbon Footprint is clever. It measures it in a sense that a car getting 70mpg puts out more carbon than a car getting 20mpg BECAUSE it's measuring the carbon output via distance traveled per gallon.

Basically the 70mpg car goes 70 miles on one gallon, therefore it's spreading more carbon on that gallon because it's traveling 70 miles. With the car getting 20mpg it's getting 20 miles on one gallon, therefore it's spreading "less" carbon per gallon because it's only traveling 20 miles.

interesting heh?

I have a problem understanding how they say a gallon of gas that weighs less than 8 pounds produces more than 12 pounds of CO2 in the atmosphere. How can anything weigh more after burning than before?

[911medic]

Originally Posted by CWI

I have a problem understanding how they say a gallon of gas that weighs less than 8 pounds produces more than 12 pounds of CO2 in the atmosphere. How can anything weigh more after burning than before?

Good question. I had to do a bit of googling, and here's what I found:

The eight molecules of CO2 weigh about three times more than the one molecule of octane you started with. That doesn't mean you've violated the law of conservation of mass; instead, you've added the weight of the oxygen from the air to the weight of the carbon from the gasoline.

Source: http://www.slate.com/articles/news_a...comes_co2.html

[Partlow]

apparently i was mislead by a coworker and proven wrong, therefore i deleted my post to prevent confusion.

As far as the union receiving benefits in keeping the contract for a bailout i think i have to disagree. I'm not saying both sides didn't have interests in it however the uaw had to agree to a no strike clause for the current contract and the one ratified after the bailout. our schedule was also changed to a 3-2-120 where you have 2 shifts(one on the days the "a" & "b" don't overlap) work 10hours a day 4 days a week. Also wages dropped to 14.78/hour and your truck still costs 50k. Meanwhile a lot of the smaller shops that supplied the automakers with small orders did fall apart sadly. Just my .02

[fbodfather]

Originally Posted by dkp2LT

Quick highjack based on the thread title - wonder if we could get a Fbodfather light to shine over detroit &/or a Fbodphone for emergencies? Maybe Commissioner Tran could get this for us?

However I'm sure he'd come for this thread.

I didn't see the "Fbodfather Light" flashing!


Anywhoo.....

The last C6 Corvette will reside in the GM Heritage Collection --

We actually did sell quite a few cars from the Heritage Collection before going thru Bankruptcy.

Had we gone Chapter 7 (Liquidation) -- I believe most of the cars and trucks would have been auctioned - some, on the other hand, would have been destroyed -- or - sold off as "objects of art" and modified so that they could never be driven.

There are so many mis-understandings and falsehoods about the bankruptcy.

One thing that's important to understand:

Ford would have been in the same position as GM and Chrysler - save for the fact that back in 2005, their C.F.O. predicted that the housing bubble would eventually burst (...it did....) -- causing capital to freeze up (...it did.....) meaning that businesses could not raise money on the open market (...they couldn't....) -- and the Automotive Business is one of the most capital intensive businesses..........

So - Ford essentially mortgaged everything -- including the rights to the blue oval -- in order to generate cash - which they socked away - (I want to say north of 35 Billion....but I could be wrong about the amount...) -- and when no one could suddenly borrow money - they had that cash in the bank. GM and Chrysler did not - and thus had to borrow money from the Federal Government. In return, the Government received stock in the new companies.

There are many Monday morning quarterbacks in this industry - the reality is that no one really knows what would have happened had GM and Chrysler gone out of business.

My take? We lost many automotive suppliers -- many went chapter 7 (liquidation) and some went Chapter 11 (re-organization) - and that affected just about every automotive manufacturer worldwide. Had GM and Chrysler gone chapter 7 - I daresay it would have been a catastrophe -- no only for the Auto Industry - but for the rest of the economy.

Now - all of what I've written here is my opinions - not necessarily that of the company for which I work......

[Mr. Wyndham]

Originally Posted by AllNaturall

So I just read the thread stating the last Corvette was made today and they are keeping it in the museum. Made me curious. I should be stoned for thinking this, but my general curiosity got the best of me.

What if GM had gone under via not receiving the bail out and what have you. What would happen to the ungodly awesome collection of cars they have in the museum?

Like fbodfather said above: There was a chance everything would have been liquidated and sold off had they truly "gone under".

But with luck, a collector (or group of collectors) with integrity would have bought up the museum pieces and taken care of them.....



Let's make sure we keep this thread focused on the topic: that is what might have happened to the heritage center cars...and not the ins and outs of the bankruptcy.

[mlee]

Maybe we need one of these...:biggrin1: