Tough to be a GM owner these days
Tough to be a GM owner these days
GM's Latest Recall Wreck Claims the Storied Camaro
http://www.businessweek.com/articles...gn_id=DN061314
http://www.businessweek.com/articles...gn_id=DN061314
I still love my old GM stuff. There is no way I would have anything other than a Corvette that GM makes now. I am glad I switched over to FoMoCo in 1999. There was a point in my life I would have bet that would never happen. I think Ford builds better products and they did not take a government bailout. Now I wonder how much crap I will get and how long this thread will be.
I had a 2002 Cadillac and it started falling apart at about 80k miles, door panels came off, window frames on 3 windows broke, door handles assembly broke, wheel bearings needed to be replaced, AC went bad, etc., I couldn't believe how cheaply it was made. Thank god I was able to get rid of it recently.
We also had a 2006 Impala, what a piece of crap that was. At 20k things started failing.
Now 2014 Camry Hybrid is my daily. So far so good.
We also had a 2006 Impala, what a piece of crap that was. At 20k things started failing.
Now 2014 Camry Hybrid is my daily. So far so good.
The bail out thing is getting old, its no different than borrowing money to buy a house because you don't have enough in your pocket.
Funny thing is when they had the government crushing of vehicles more fords left this planet than all others combined.
Funny thing is when they had the government crushing of vehicles more fords left this planet than all others combined.
That is because there were more old Furds around to crush...lol.
Let me explain it to you.
So you borrow money from all your friends (investors) to buy a house. You then do a bunch of improvements to your house using contractors (vendors) to do the work promising to pay them. Then you can't afford to pay for all your improvements or pay your friends back and your house isn't worth anywhere near what you've got into it so you declare bankruptcy and you stiff your friends and pay back all you contractors at $.10 on the dollar.
edit......oh yeah...then gov't gives you a bunch of money to pay your vendors enough money to get them off your back but you've still screwed all your friends
You could possibly use the bridge loan argument but considering GM didn't pay back what they were loaned it doesn't work either.
Last edited by allyolds68; Jun 13, 2014 at 04:42 PM.
Originally Posted by Google News
The total cost of the government's bailout for General Motors has come to $11.2 billion after the Treasury sold the last of its assets in December. U.S. taxpayers lost more than $11.2 billion as a result of the federal bailout of General Motors, according to a government report released Wednesday.
Yeh, I think si drank too much government "kool aid". Not having to pay all the bailout money back is the hard part to swallow, not the fact they borrowed. But, back to the recalls, we can't be surprised by what's going on at Gov Motors, what with the cover ups et al. It's been a steady sinking ship for over a decade now. Reading the article thoroughly though, I'm surprised to see Toyota is still #1.......in recalls.....look out, here come the Toyota apologists.....how long until this thread disappears? Probably quicker than GM's debt......
Yeh, I think si drank too much government "kool aid". Not having to pay all the bailout money back is the hard part to swallow, not the fact they borrowed. But, back to the recalls, we can't be surprised by what's going on at Gov Motors, what with the cover ups et al. It's been a steady sinking ship for over a decade now. Reading the article thoroughly though, I'm surprised to see Toyota is still #1.......in recalls.....look out, here come the Toyota apologists.....how long until this thread disappears? Probably quicker than GM's debt......
I think I'm the only Toyota apologist here, if there is such a thing. My comment on this is that hysteria, even when there's some truth to the matter, is never deserved. It's a switch. If it bumps off, steer, brake, and pop it into neutral and fire her back up. The problem isn't the switch, it's the perception that every car fault is a life threatening catastrophe, and the reality that today's drivers are ill equipped to deal with pretty much anything out of the ordinary.
Before anyone starts complaining to the mods again about kibbles n libels towards any big car companies, this thread will need to end.
Unfortunately during the last complaint, the head admin (Omicron) says we cannot say anything bad about big companies, no matter how much they deserve it and what is true or not. (Lawsuits from them are the risk here).
Not my rule, but it stands. I sure have my points of view...
Lets all keep this in mind for the future.
Unfortunately during the last complaint, the head admin (Omicron) says we cannot say anything bad about big companies, no matter how much they deserve it and what is true or not. (Lawsuits from them are the risk here).
Not my rule, but it stands. I sure have my points of view...
Lets all keep this in mind for the future.
There are several problems here. First and foremost, is the current mindset that when I do something wrong, it's always someone else's fault. Even better if that someone else has deep pockets. The poster child for the ignition switch issue is the 16 year old girl who was killed. When she crashed, she was legally drunk, not wearing seatbelts, and driving 69 MPH in a 25 zone, but GM is at fault.

And I'll agree with Koda here on the Toyota acceleration issue. That CHP officer who was involved in the highly publicized initial crash DIDN'T know to just shift into neutral to stop accelerating?

People are idiots and are getting more stupid by the day. They have absolutely no idea how to react to an off-nominal situation. Here's an example. I had a conversation with a person who swore that hydroboost systems were bad because his wife had a situation where the hydroboost "failed" and the steering and brakes "locked up". I pointed out that the steering and brakes still work when the engine isn't running, so what he suggested was extremely unlikely if not completely impossible. It turns out that the belt came off the PS pump, so the car lost all hydraulic assist. Apparently the wife was completely unaware that simply pressing harder on the brakes to overcome the lack of boost would have still stopped the car, and turning harder on the wheel would have done the same for the steering. No, they "locked up".
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