Quote:
Originally Posted by RIJIMMY
Spence, I really am amazed at your lack of any critical thnking unless it is directed at peoples posts. Are you able to look at all into the future? I heard yesterday that Obama and Cos plan is to eliminate some of GMs most profitable vehicles, what are they? BIG TRUCKS!! So now they'll force GM to make more cars people dont want, and how will they ensure that they are profitable? THEY WILL RAISE THE GAS TAX TO MAKE PEOPLE BUY SMALLER CARS!!!
Do you ever stop and think what this all means? Stop and read the constitution!
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Yes Jimmy, I don't think critically at all
Perhaps you should try to evaluate an issue from more than your narrow perspective before letting the spittle fly onto your keyboard.
SUV's and trucks may have been profitable in the past but sales of new units have dropped dramatically in the past few years.
You work in fianance so I'm sure you can comprehend this, right?
Higher profit margins are relative to volume. It doesn't make any sense for a company to restructure based on a business model that has proven to be unbalanced.
The Government is putting pressure on GM to adopt a restructing plan
based on GM's failure to meet obligations it agreed to by taking Billions in loans last year.
This notion that the Government is dictating what kind of car you're going to be able to drive is simply absurd. You can still buy that SUV you've always dreamed about. It may cost you more to operate, but perhaps it should as well. Large cars and trucks have benefited from artifically low gas prices for decades due to Government actions, and as we've seen the balance is simply not sustainable.
-spence