#1 Automaker . . . .
6/21/05, 06:24 PM
#21
Legacy TMS Member
Originally posted by 1999 Black 35th GT@June 20, 2005, 10:08 AM
Simply put the US Government wouldn't allow it.
Simply put the US Government wouldn't allow it.
Please oh please all mighty federal governent, I want to give you 99% of everything I earn so some fat cat CEO in Detroit wont lose his job due to bad negotiating skills and inept business management, becaue I know one day when his company is thriving he will be oh so grateful and pay me back for my charity.
6/22/05, 11:36 PM
#24
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Ain't that the truth. I remember when Lee Ioccoca went to to the gov with hat in hat for a bailout and got it. Times have changed.
But it galls me me when I hear our so called leaders saying that US automakers have to learn how to compete. Everything else has gone offshore. Please tell me the US auto market is not next.
And kudos to Hyundia. They have figured out how to make a quality car at a decent price.
But it galls me me when I hear our so called leaders saying that US automakers have to learn how to compete. Everything else has gone offshore. Please tell me the US auto market is not next.
And kudos to Hyundia. They have figured out how to make a quality car at a decent price.
6/23/05, 04:10 AM
#25
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Too many models that are essentially the same: Ford 500 & Mercury Montego. Ford Escape, Mazda Tribute, and Mercury Mariner. Add the new Fusion, Lincoln Milano, and Mercury (can't remember the name) to the Mazda 6. Does anyone need that many choices? Ford F-150 or Lincoln LT?
Time to cut the fat! Go lean before the market forces do even more damage.
GM needs to cosolidate brands even more than recently announced.
Time to cut the fat! Go lean before the market forces do even more damage.
GM needs to cosolidate brands even more than recently announced.
6/23/05, 08:50 AM
#27
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Originally posted by Ranger@June 23, 2005, 10:49 AM
Just read in USA Today that Moody's said they will likely in the near future rate Ford the same as GM - junk bond status.
Just read in USA Today that Moody's said they will likely in the near future rate Ford the same as GM - junk bond status.
I doubt it. You're not giving Ford enough credit, they are coming back, slowly but surely. GM just really messed up with all of the problems in reliability that they have been having in the past few years and are now just starting to realize it.
Ford on the other hand has already begun the process of building better and better vehicles
There was a scare a month or so back, but that passed. GM didn't fair as well as they were rated as a "junk bond" per se. But I think they will come out of that in a while.
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