GM & Chrysler Bailout

[ucalgary2000]

Originally Posted by lucky1

Besides, all cars look the same with the hoods up

Since when?

[valo403]

Originally Posted by ucalgary2000

Funny how this is all a trend reversal from a few years ago. At the time, GM was the largest automaker in the world with little to no competition. Fast forward to today, and it seems like its stalling at the end of the pack. Ford, on the other hand, has reinvented itself a great deal--previous reliance on big SUVs and pickups still exists, but new and upcoming models help it cast off that old stale image.

Ford did a great job of streamlining itself, not a coincidence that Mulally came over from Boeing which was recognized as being an incredibly efficient company.

[lucky1]

Originally Posted by ucalgary2000

Since when?

When you work on them all day every day, they are all just another POS that needs repair......aka they all look the same when the hood is up....

[Wookie]

I'd imagine the reason investors (Captain and Liberty) aren't buying GM stock is because it's worthless. If you buy it, when they come out of Bankruptcy you get nothing! The governments are taking a post bankruptcy ownership stake in the company.

Common shareholders will most likely get wiped out I imagine.

IMO.