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Re: GM likely to survive, bonds a "buy" says J.P. Morgan [steve_]
by kernick on Wed Nov 12 12:01:27 PST 2008
Less variety in food choices does damper the urge to eat out. A little loophole in my choice of analogies, as all foods aren't the same. But if you're trying to say that if GM closes that potential buyers can't find a similar or better vehicle from any other manufacturer, you're going to get laughed off these forums. :P but there's little chance for a soft landing or renewal if they simply shut their doors. I'd doubt they'd shut their doors. GM would probably declare B and continue operations at least for a while. The factories and land and such have value, no matter if it is only 10% or 20% of what it was valued at. The fully assembled and partially assembled vehicles have value. Factories that make models like the CTS and the Corvette might be highly prized. Saab could be sold and operate. Opel could be sold and would operate. The economy will be much worse off for much longer if we continue to support the failed organizations and methods. You need to weed the garden, before fertilizing it.
Detroit Bailout!!!
by motorcity6 on Mon Nov 10 12:17:47 PST 2008
The Govt is bailing out the UAW, not the auto companies..It's the liberal way, however the we should blame the Big3 system..Our Democrat buddies destroyed Detroit, no drill, no oil, no jobs,and etc.....Took a long time to do, just like cigarettes, but destruction of manufacturing base is essential.. At 75 years of age, I could really give a hoot, but our kids will have a hard way to go in achieving wealth.. Last week I did buy a 09 Mustang Bullitt in Detroit which is in a garage near the motorcity until I pick it up . The little green car is sitting next to a red 08 Chrysler 300, Hemi.. It was a good deal, nothing great, but gives me the opportunity for a quick breakin schedule starting from Detroit to Cinny, Ohio on I-75 with speeds between 50-70mph and then 70-90 to Venice, Fla.. I really doubt if our giddy liberal party will allow Detroit to build these fun cars in the future, for they will be demanding cars designed to run on corn, sugar cane, weeds, manure, tree limbs, hydrogen, butane, or soybeans.. After Obama takes office, gas pricing will zoom up again..I figure that to drive the GPGT or the Bullitt will run about $6000/yr in gas costs..but there will be plenty of gas.. The Jap stateside plants will be unionized soon after the Obama starts his term, but wages will not really balloon..Ensuring future votes.. Enjoy your little 4-banger foreign cars or maybe it's a hybrid, good move, for I need the gas you save to keep my two gas hogs running.. If you get laidoff due to the recession, cheer up for you may qualify for welfare under the new govt plan..Change??????, about all you will have left in your pocket..
rear brake wear
by homerkc on Thu Aug 21 16:25:34 PDT 2008
I'm truly sorry your dealers won't / can't fix your brakes. I can't help but think that if a VW exec read this stream, they would want to save these VW owners as customers. Probably too late for some of you. While my brakes were fixed, the dealer who did it has announced they are dropping their VW franchise. Too bad, as the next closest dealer told me the brakes were "operating within spec" even though the rims were too hot to touch after driving a few miles. I just had the brakes checked, and after 31K miles have 50% left on rears, 75% on fronts (a lot of highway miles). Warranty coverage is only as good as the dealer, and there are horror stories on this site for every marque. I'm not excusing VW - - it's their job to weed out the bad dealers, or pay the price in lost customers.
Re: The 2010 BMW X1 [hpowders]
by clembo on Fri Nov 07 14:51:43 PST 2008
Okay, since we have decided to get back to car talk, I'll take a stab at your last line - Why on earth would I want to drive anything but a BMW? You and I both agree about the 3 series, it is best in class. An argument can be made that the 5 is best in class. I do not feel that the 7, X5, and Z4 are definitively best in their classes. BMW has proven over time that they do a few things better than any other company, I hope that they have not streched too far over the past number of years by introducing so many new products in other categories. Many great companies have gotten a little bit over their heads in similar situations. Given the current global economy which will weed out the weak players, this will be a good test to BMW, and others, as to how well they can delight the customers in the markets that they want to win in.
Re: My question still is hanging there... [pf_flyer]
by pafromfl on Wed Nov 05 06:34:00 PST 2008
What exactly is ethanol saving me? ... I previously reported a 7% gas mileage degradation when using E-10 for my BMW 330i and 10% for my Chrysler 300C Hemi. Since then I’ve acquired a Saturn Astra XE that also loses about 10%. Modern fuel-efficient engines are optimized for pure gasoline, and are more sensitive to bad fuel. Hopefully the ethanol is not causing damage. The ethanol in E-10 is useless, wastes diesel fuel for production and transportation, depletes the Midwest aquifers, destroys older boats and weed whackers, and drives up food prices. Why are the news reporters ignoring this? I’m not a big fan of class-action lawsuits, but something needs to be done about this scam. :mad:
Wow!
by traindriver on Mon Oct 27 21:50:35 PDT 2008
I just spent close to an hour weeding through 130+ posts on whether the Genesis is a "luxury" car or not. Clearly, the definition of luxury depends on who is defining the term. Allmet, I think you are dead on accurate with your "blue collar luxury" point. I see the Genesis aimed more at folks who don't have the budget for a 5 series or a LS460 but who want the looks and features that those type vehicles offer. Folks like me, blue collar middle class Joe 6 pack who otherwise will buy a non-luxury or near-luxury Maxima, TL, Passat, 300C etc. absent Hyundai's $34-40k V6 Genesis. I haven't driven one yet as my purchase is still almost a year away, but I have a feeling that the Genesis is exactly what I am looking for: A nice "affordable" "luxury" car that provides a "luxury" ride with "luxury" features that is still sporty enough to not look as if it belongs at the retirement home. I am not looking to impress anyone but me and I am not deterred by the fact that the Genesis doesn't wear a Lexus/MB/BMW badge. So, I guess put my vote in the corner that says admission to "luxury" status has more to do with the individual car than what badge is on the trunk lid. People who say that admission to luxury status derives from the brand, in my opinion, would be those more focused on image and status. They wouldn't seriously consider anything outside of the typical tier 1 brands anyway as nothing else will provide the image and pampering that they want. I am not saying that as a jab or as a judgment of those folks by any means. My wife clearly prefers the Maxima and TL for no better reason than she can't get beyond the Hyundai label, so probably no Genesis for me. :cry: Lexus/MB/BMW buyers apparently value the "premium dealership experience" that ownership provides and that's just fine with me, more power to them. Someone compared the cost of an oil change at Lexus versus Toyota. I personally would rather pay $30 at Toyota and sit on a milk crate in the middle of the shop floor in July than spend $79 at the Lexus dealer sitting on rich, Corinthian leather eating croissants and cappuccino but, hey, that's just my opinion. YMMV. As far as sales not meeting expectations, geez, are any $35-40k sedans flying off the lot right now? Terrible timing for Hyundai but I don't see how any judgments regarding success or failure can really be measured under the economic circumstances.

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