b78cobra
Forum Member
Seeing as Chrysler and GM are involved with bankruptcy filings is Ford going to come out as the new King of US automakers?
Hasn't it always been?:thumbsup:
Seeing as Chrysler and GM are involved with bankruptcy filings is Ford going to come out as the new King of US automakers?
Happy about it yes. I'll be proud in another year.
-Geoff
Proud of what? That the company you work for was so pourly managed (poorly) that the goverment of all people had to step in and make the taxpayers loan them the money to rebuild?
Proud of what? That the company you work for was so pourly managed that the goverment of all people had to step in and make the taxpayers loan them the money to rebuild? After alot of the taxpayer had already given the company money by buying the products they sell.
Proud- no, you should be thankful, but not proud.
I agree GM has been poorly managed too. But do you blame them with the legacy costs that brought them to their knees? They probably could have survived this if they had a Mulally-like visionary CEO, but they would still be struggling even after the recession ends. This is the best outcome for a healthy auto industry.
-Geoff
I agree, it was just the "proud" statement that made me chuckle. Thought for a second you were part owner, oh wait we all are now!
(Ford's) June U.S. light-vehicle sales were 154,873, down from 173,462 a year earlier. Ford, Lincoln and Mercury car sales fell 11% while sport-utility vehicles dropped 20% in June. Trucks and vans declined just 6.9%.
GM reported total U.S. sales of 176,571, with trucks slumping 40% and cars down 24%. At the end of June, GM's inventories were down 26% to about 582,000 vehicles, and down about 33% compared with January.
I agree with you about the definition of King. That is what I stated in my first post in this thread too. The general definition is top sales, but if you want to use "least amount of bankruptcies" then knock yourself out if it makes you feel better.
You are just jealous because in two months GM is going to have a better balance sheet than Ford. And your tax money is paying for it. Did I get a chance to thank you yet? Tx.
-Geoff
Ford did have a good month. Fleet sales killed GM down 95%. Based on the model for the new GM, they are going to be profitable with sales of around 166,000 per month, and passing that number without fleet sales is even better. That is what I am excited about, and will be proud about next year if it actually happens.
From the Wall Street Journal:
-Geoff
This comment doesn't have to due with this post, but it has to do with a lot of things I have read from you. You are a tool. Get off gms balls and grow some yourself. I even read back to the grudge section when you locked a thread due to people arguing which that is intended for basically.
yes, but how can any company lose money so badly for so long and not restructure sooner? Seems to me that FORD did it years ago.
thanks for the spell check buddy! I was typing too fast.
are you really that misinformed. yeah in two months GM will have a better spread sheet becuase they spread everyones ass wide open and stuck thier little dick in everyone. GM and chrysler has literallyscrewed everyone over that they have done business with in the last 30 years and not to mention all the stock holders ,retirees that are getting bent over as well.
Go on and talk up GM all you want,go ahead and support them them assholes.you'll get bent over too.
the only reason GM has done well atall in sales over the past 6 months is becuase they were going bankrupt and every single employee that could afford it went out and got thier last chance at a brand new car with thier employee discount.and then theres the public that is buying becuase GM is giving cars away at no profit.
GM might have sold more cars then anyone lastyear, but they made the biggest loss of profits as well.
This comment doesn't have to due with this post, but it has to do with a lot of things I have read from you. You are a tool. Get off gms balls and grow some yourself. I even read back to the grudge section when you locked a thread due to people arguing which that is intended for basically.