Thought of buying a GM car lately? …….

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Re: Thought of buying a GM car lately? …….

Postby DoxaPar on Mon Mar 04, 2013 9:46 pm

No. I haven't but thanks for asking!
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Re: Thought of buying a GM car lately? …….

Postby Tronster on Mon Mar 04, 2013 9:53 pm

After working on GM cars versus other brands, I'll never buy a GM. The materials used are definitely made to be as cheap as possible.
More and more Toyotas are made here now, and they are much higher quality.

Thank God most of our guns come from either here or Europe. It would be ironic to fight off a Chinese invading army with Chinese guns.
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Re: Thought of buying a GM car lately? …….

Postby gman1868 on Mon Mar 04, 2013 10:26 pm

Buy American, built in the USA!

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Re: Thought of buying a GM car lately? …….

Postby grousemaster on Mon Mar 04, 2013 11:30 pm

yuppiejr wrote:My 2013 Kia is made in West Point, Georgia - USA. If you exclude the components made in Canada I believe it has more US made parts than my GMC Yukon...


My Honda is made in Indiana
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Re: Thought of buying a GM car lately? …….

Postby xd ED on Tue Mar 05, 2013 5:58 am

Rip Van Winkle wrote:Here's a test for everyone who owns an "American" car or truck. Check the first digit of your car or truck's VIN# if it is anything other than a 1 it was made outside the US.

As for GM expanding into China, they'd be foolish not to. China is an enormous and expanding market.


^^^THIS^^^
China to Overtake US as Top Luxury Car Market by 2016
Sales of luxury cars in China could exceed the US by 2016 and touch levels similar to Western Europe sales by 2020 as incomes rise in tandem with the rapidly-expanding economy, according to a McKinsey & Co report cited by multiple media sources.

The global management consultancy said that demand for premium cars in the world's second- biggest economy will increase over two-fold by 2020 to 3 million from the 1.25 million sales recorded in 2012. McKinsey expects luxury-car deliveries to touch 2.25 million by 2016.

China has already become the world's top automobile market with 4.3 percent year-on-year sales increase in 2012. Premium auto sales have jumped 36 percent annually over the past 10 years while the overall passenger-vehicle market grew 26 percent, McKinsey said.
Last edited by xd ED on Tue Mar 05, 2013 6:03 am, edited 5 times in total.
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Re: Thought of buying a GM car lately? …….

Postby sansooshooter on Tue Mar 05, 2013 5:59 am

Tronster wrote:After working on GM cars versus other brands, I'll never buy a GM. The materials used are definitely made to be as cheap as possible.
More and more Toyotas are made here now, and they are much higher quality.

Thank God most of our guns come from either here or Europe. It would be ironic to fight off a Chinese invading army with Chinese guns.



My Norinco Ak has never had a single FTF /FTE or any kinda of malfunction in 25 plus years of shooting it! Have owned 5 or 6 Chi-Com guns.
All have been very dependable!
With that being said, China does produce a lot of poor quality goods. I am in manufacturing and my company competes against Chinese companies .
We have had quite a few customers come back to us after going to China to get a price cut. But after a bout of quality control issues .
They come back and pay more here to be assured of good products.
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Re: Thought of buying a GM car lately? …….

Postby minnhawk on Tue Mar 05, 2013 6:01 am

Mixed message here. Do you all think that GM is building cars in China for import into the United States? Is this what the boycott is all about, while posting pictures of Jap cars built in America and calling them American made? With the exception of Canada, no GM cars are manufactured outside the US for importation to the US that I know of. GM has plants in Germany, Brazil, Australia and so on -- so what's the big deal?

Geez. Foreign car manufacturers do build cars here, made of many parts made in Japan, China, or Korea. All are non-union that I know of except a couple of the German manufacturers. Nearly all have plants in China and other countries as well.

GM, owned 1/2 by the UAW and 1/2 by the US, meaning you and me as taxpayers, builds cars all around the world, including China. That doesn't mean Chinese GM models are coming back to the States for sale.

If you want to get mad, ask why the UAW was given half of GM by the Obama administration FREE. Ask why GM bondholders were told their investments would not be honored. Widows, retirees, pension funds all took it on the chin because they owned GM Bonds that were declared valueless by Obama. Still in the courts 5 years later, no resolution.
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Re: Thought of buying a GM car lately? …….

Postby sansooshooter on Tue Mar 05, 2013 7:32 am

minnhawk wrote:If you want to get mad, ask why the UAW was given half of GM by the Obama administration FREE. Ask why GM bondholders were told their investments would not be honored. Widows, retirees, pension funds all took it on the chin because they owned GM Bonds that were declared valueless by Obama. Still in the courts 5 years later, no resolution.


The answer to that one is a political pay back to the union for support in elections. Cronyism at work.
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Re: Thought of buying a GM car lately? …….

Postby xd ED on Tue Mar 05, 2013 7:54 am

sansooshooter wrote:
minnhawk wrote:If you want to get mad, ask why the UAW was given half of GM by the Obama administration FREE. Ask why GM bondholders were told their investments would not be honored. Widows, retirees, pension funds all took it on the chin because they owned GM Bonds that were declared valueless by Obama. Still in the courts 5 years later, no resolution.


The answer to that one is a political pay back to the union for support in elections. Cronyism at work.


And it continues:

Government to shed GM stake, taxpayer loss likely
December 19, 2012

The U.S. government plans to sell 40% of its General Motors stock within weeks and to sell the rest of its shares within 12 to 15 months, officials announced this morning.


STORY HIGHLIGHTS
Will sell all GM shares in 12 to 15 months
Company will buy back 200 million shares within weeks for $5.5 billion
Buyback share price is $27.50, but U.S. needed $53 to break even on bailout
The plan the U.S. announced today to sell its remaining 500 million shares of General Motors virtually guarantees a substantial taxpayer loss on the $49.5 billion bailout.

The Treasury Department today said that it will sell all its stock in GM within 12 to 15 months and sell 40% of its stake within weeks, starting with a $5.5 billion deal for GM to buy back 200 million of its shares as soon as next month at $27.50 per share.

The government would have needed about $53 per share for its 26% stake to break even on the bailout. The deal negotiated with GM for the 200 million shares will cut the U.S. stake to 19% but raise the price needed to break even on the remaining 300 million government shares to nearly $70.
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Re: Thought of buying a GM car lately? …….

Postby Uffdaphil on Tue Mar 05, 2013 10:41 am

Obama's defrauding of the bondholders is the biggest reason I am anti-GM. However, I don't want to see them fail and hurt thousands of hard working citizens in all the related companies dependent on them.

It was hard to resist a good deal on a new year old Caddy CTS-V wagon (or Jeep SRT8) but ultimately, Obama's re-election caused me to spend all my cash on AR's and ammo instead and resolved my dilemma.
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Re: Thought of buying a GM car lately? …….

Postby xd ED on Tue Mar 05, 2013 10:53 am

Uffdaphil wrote:Obama's defrauding of the bondholders is the biggest reason I am anti-GM. However, I don't want to see them fail and hurt thousands of hard working citizens in all the related companies dependent on them.

It was hard to resist a good deal on a new year old Caddy CTS-V wagon (or Jeep SRT8) but ultimately, Obama's re-election caused me to spend all my cash on AR's and ammo instead and resolved my dilemma.


It is a dilemma, especially for one in the midwest, where many small towns survive on the jobs making gaskets, gears, muffler bearings, and other parts for GM.

On the other hand if they don't respond to the present real market forces, they will become just another buggy whip maker.
I doubt I would buy GM for that reason, and probably not Chrysler either.
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Re: Thought of buying a GM car lately? …….

Postby White Horseradish on Tue Mar 05, 2013 11:12 am

sansooshooter wrote:With that being said, China does produce a lot of poor quality goods. I am in manufacturing and my company competes against Chinese companies .
We have had quite a few customers come back to us after going to China to get a price cut. But after a bout of quality control issues .
They come back and pay more here to be assured of good products.



China can produce everything as good as anyone else. The thing is, it will cost you same as anyone else. The reason they make crap is not because they aren't capable, it's because we order crap and are only willing to pay crap prices.
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Re: Thought of buying a GM car lately? …….

Postby grousemaster on Tue Mar 05, 2013 2:44 pm

White Horseradish wrote:
sansooshooter wrote:With that being said, China does produce a lot of poor quality goods. I am in manufacturing and my company competes against Chinese companies .
We have had quite a few customers come back to us after going to China to get a price cut. But after a bout of quality control issues .
They come back and pay more here to be assured of good products.



China can produce everything as good as anyone else. The thing is, it will cost you same as anyone else. The reason they make crap is not because they aren't capable, it's because we order crap and are only willing to pay crap prices.


We also pay a lot for good quality imports. I think the Chinese do lack the capability/technology to product many of the high quality items we pay top dollar for.
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Re: Thought of buying a GM car lately? …….

Postby Hmac on Tue Mar 05, 2013 3:57 pm

grousemaster wrote:
We also pay a lot for good quality imports. I think the Chinese do lack the capability/technology to product many of the high quality items we pay top dollar for.


Left to their own devices as in, say, inferior components and skimpy quality assurance, no doubt the Chinese put out some significantly crappy products. OTOH, Apple computers and iOS devices are made there in Chinese factories.
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Re: Thought of buying a GM car lately? …….

Postby 20mm on Tue Mar 05, 2013 4:13 pm

grousemaster wrote:
White Horseradish wrote:China can produce everything as good as anyone else. The thing is, it will cost you same as anyone else. The reason they make crap is not because they aren't capable, it's because we order crap and are only willing to pay crap prices.


We also pay a lot for good quality imports. I think the Chinese do lack the capability/technology to product many of the high quality items we pay top dollar for.


What technology do they lack? If they lack anything it's brand names that are accepted in the USA. China has a capabilities to build almost anything to the standards they want from what I can tell. This is especially true when the government mandates the specifications.
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