Striper Talk Striped Bass Fishing, Surfcasting, Boating

     

Left Nav S-B Home Register FAQ Members List S-B on Facebook Arcade WEAX Tides Buoys Calendar Today's Posts Right Nav

Left Container Right Container
 

Go Back   Striper Talk Striped Bass Fishing, Surfcasting, Boating » Striper Chat - Discuss stuff other than fishing ~ The Scuppers and Political talk » Political Threads

Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
Thread Tools Rate Thread Display Modes
Old 11-27-2018, 01:08 PM   #1
Pete F.
Canceled
 
Join Date: Jun 2003
Location: vt
Posts: 13,069
Quote:
Originally Posted by Jim in CT View Post
Did you even read the article you posted? The article was written in June, about what "could" happen. How about what "did" happen?

GM is not going out of business. They are shutting down production of cars that people don't want. Tariffs did not shift consumer demand away from hybrids toward full batter-operated cars. Tariffs did not shift demand away from sedans to crossovers.

"Trump gives himself plenty of credit for anything good that happens, including much of which he had no hand in"

yes he does. He's an egomaniac. That doesn't mean that everything is his doing. Not all the good things, not all the bad things.

Pete, let's make this simple. If Trump's tariffs are responsible for people no longer wanting to buy the Chevy Impala, why didn't the tariffs curtail demand for the Silverado, which is GM's best-selling vehicle?

Please answer that question? Good luck!!
Nobody said they were going out of business. They made a business decision with the hopes that it would wake him up, I'm sure there were a number of factors involved. Don't forget he's going to meet with Xi Jinping shortly and I guarantee you GM wants this #^&#^&#^&#^& over with.
The tariffs have made long range forecasting in most multinational industries scary at best, how do you make plans a year out if you don't know costs, the impact on your pricing and what will happen to the market you are in.
I might do 10% or 50% or some other number, we'll see.........
Maybe we will grant you a waiver.......

Figure that into your plan and explain it to your shareholders when you guess wrong.

Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!

Niles: You have met “people”, haven’t you?

Lets Go Darwin
Pete F. is offline  
Old 11-27-2018, 01:18 PM   #2
Jim in CT
Registered User
 
Join Date: Jul 2008
Posts: 20,429
Quote:
Originally Posted by Pete F. View Post
Nobody said they were going out of business. They made a business decision with the hopes that it would wake him up, I'm sure there were a number of factors involved. Don't forget he's going to meet with Xi Jinping shortly and I guarantee you GM wants this #^&#^&#^&#^& over with.
The tariffs have made long range forecasting in most multinational industries scary at best, how do you make plans a year out if you don't know costs, the impact on your pricing and what will happen to the market you are in.
I might do 10% or 50% or some other number, we'll see.........
Maybe we will grant you a waiver.......

Figure that into your plan and explain it to your shareholders when you guess wrong.
"They made a business decision with the hopes that it would wake him up, I'm sure there were a number of factors involved"

How do you know that Trump had anything to do, with their decision to discontinue production of certain vehicles? Has that been published? Because what I read, is that they cut production of vehicles that weren't selling. I didn't see Trump mentioned. Are you on the Board of Directors?

The tariffs have a big downside, they could turn out to be a disaster (we don't know yet). What I've asked you several times, is how the tariffs are responsible for GM's announcement. And you refuse to answer. Again.
Jim in CT is offline  
Old 11-27-2018, 01:44 PM   #3
Pete F.
Canceled
 
Join Date: Jun 2003
Location: vt
Posts: 13,069
Quote:
Originally Posted by Jim in CT View Post
"They made a business decision with the hopes that it would wake him up, I'm sure there were a number of factors involved"

How do you know that Trump had anything to do, with their decision to discontinue production of certain vehicles? Has that been published? Because what I read, is that they cut production of vehicles that weren't selling. I didn't see Trump mentioned. Are you on the Board of Directors?

The tariffs have a big downside, they could turn out to be a disaster (we don't know yet). What I've asked you several times, is how the tariffs are responsible for GM's announcement. And you refuse to answer. Again.
Which ones did they kill?
Not Silverados, they cut the weakest part of their market, the cars most likely to be bought by consumers who can least afford an increase.

From that article: The “hardest hit” cars, General Motors said in comments submitted to the Commerce Department, are likely to be the ones bought by consumers who can least afford an increase. Demand would suffer and production would slow, all of which “could lead to a smaller G.M.”

Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!

Niles: You have met “people”, haven’t you?

Lets Go Darwin
Pete F. is offline  
Old 11-27-2018, 02:42 PM   #4
Jim in CT
Registered User
 
Join Date: Jul 2008
Posts: 20,429
Quote:
Originally Posted by Pete F. View Post
Which ones did they kill?
Not Silverados, they cut the weakest part of their market, the cars most likely to be bought by consumers who can least afford an increase.

From that article: The “hardest hit” cars, General Motors said in comments submitted to the Commerce Department, are likely to be the ones bought by consumers who can least afford an increase. Demand would suffer and production would slow, all of which “could lead to a smaller G.M.”
they cut the cars that aren’t selling. if you have evidence that the reason they aren’t selling, is Trumps tariffs, how come you won’t share it?? Where is the evidence that the Impala isnt selling, because the tariffs made it too expensive? they also cut the Chevy Volt. Are poor people
buying the Volt? I doubt that very much.

You’re making it up.

The article was what “could”
happen, not what did happen.

they also cut the cadillac CT6 andnthe cadillac XTS. are these cars that poor people are buying?
Posted from my iPhone/Mobile device
Jim in CT is offline  
Old 11-27-2018, 03:18 PM   #5
Pete F.
Canceled
 
Join Date: Jun 2003
Location: vt
Posts: 13,069
Quote:
Originally Posted by Jim in CT View Post
they cut the cars that aren’t selling. if you have evidence that the reason they aren’t selling, is Trumps tariffs, how come you won’t share it?? Where is the evidence that the Impala isnt selling, because the tariffs made it too expensive? they also cut the Chevy Volt. Are poor people
buying the Volt? I doubt that very much.

You’re making it up.

The article was what “could”
happen, not what did happen.

they also cut the cadillac CT6 andnthe cadillac XTS. are these cars that poor people are buying?
Posted from my iPhone/Mobile device
What kind of "evidence" do you need
Do you think "poor" people are the bottom of their market?
Poor people don't buy cars, middle class people do and as car prices go up they price them out of the new car market.
Are you telling me the Volt, Cruze and Impala are high end cars?

Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!

Niles: You have met “people”, haven’t you?

Lets Go Darwin
Pete F. is offline  
Old 11-27-2018, 03:34 PM   #6
detbuch
Registered User
 
Join Date: Feb 2009
Posts: 7,688
Quote:
Originally Posted by Pete F. View Post
What kind of "evidence" do you need
Do you think "poor" people are the bottom of their market?
Poor people don't buy cars, middle class people do and as car prices go up they price them out of the new car market.
Are you telling me the Volt, Cruze and Impala are high end cars?
The Silverado is a popular high selling middle class auto which is not being discontinued. The volt is not popular and Cadillacs straddle upper middle to "high end" status. And Cadillacs are not being discontinued, only two models are. It's mostly the lower end less selling models being cut.
detbuch is offline  
Old 11-27-2018, 03:58 PM   #7
scottw
Registered User
iTrader: (0)
 
scottw's Avatar
 
Join Date: Nov 2007
Posts: 12,632
Quote:
Originally Posted by detbuch View Post
.

It's mostly the lower end less selling models being cut.
this makes no sense!!!!! car cuts for the rich!!
scottw is offline  
Old 11-27-2018, 03:41 PM   #8
Jim in CT
Registered User
 
Join Date: Jul 2008
Posts: 20,429
Quote:
Originally Posted by Pete F. View Post
What kind of "evidence" do you need
Do you think "poor" people are the bottom of their market?
Poor people don't buy cars, middle class people do and as car prices go up they price them out of the new car market.
Are you telling me the Volt, Cruze and Impala are high end cars?
average household income of Chevy Volt buyers: $175,000.

https://www.autoblog.com/2011/10/04/...ealthy-buyers/
Posted from my iPhone/Mobile device
Jim in CT is offline  
Old 11-28-2018, 05:56 AM   #9
scottw
Registered User
iTrader: (0)
 
scottw's Avatar
 
Join Date: Nov 2007
Posts: 12,632
Quote:
Originally Posted by Jim in CT View Post
average household income of Chevy Volt buyers: $175,000.

https://www.autoblog.com/2011/10/04/...ealthy-buyers/
Posted from my iPhone/Mobile device
GM is disenfranchising poor car buyers!
scottw is offline  
Old 11-27-2018, 04:13 PM   #10
scottw
Registered User
iTrader: (0)
 
scottw's Avatar
 
Join Date: Nov 2007
Posts: 12,632
Quote:
Originally Posted by Pete F. View Post
Are you telling me the Volt, Cruze and Impala are high end cars?
Volt starts at 33k Premier 38K

2019 Chevrolet Spark Starting At $13,220

Chevy Camaro $25,900
scottw is offline  
 

Bookmarks


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


All times are GMT -5. The time now is 06:08 AM.


Powered by vBulletin. Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Please use all necessary and proper safety precautions. STAY SAFE Striper Talk Forums
Copyright 1998-20012 Striped-Bass.com