Gary Wells
White turbo Buick trailer park trash
- Joined
- Mar 2, 2002
Why borrow it from the banks when they can get it for free from the government? They're not that lame.
Big Three Bailout
- Thread starter FreeBoost
- Start date
the 300billion they need to bail themselves out is sitting on all the freakin car lots,,cars will be made to order from now on...
McDonalds went out of business today ,they made 300 million bigmac's and didnt sell them all
You don't understand the industry. Vast majority are "made to order". The dealer ordered it to have in stock because it's something they sell a lot of. Lots of people go window shopping and see what they like, and can drive it to see/feel it in person. They MUST have inventory to sell anything. Very few are patient enough to order something to their exact spec and wait for it, especially when the rebates get good (though with chrysler you can pick whether you want the incentives that were out when you ordered it or the incentives that are out on the day of delivery.) But when the ones in stock don't sell, you don't order anymore. Of course, since they have to pay the workers 95% of their wages whether the plant is idle or not, they may as well crank out a warehouse full and make good incentives to buy them.
mr go fast
Member
- Joined
- Aug 8, 2007
Tires will still be sold and parts will still be made whether new cars are being built or not. Am I missing something?
Gary Wells
White turbo Buick trailer park trash
- Joined
- Mar 2, 2002
What tires will still be sold for & what parts will still be made? And, more importantly, why will tires still be sold and why will parts still be made?
And I would like for my response to not be taken as a vote for or against the bailout. And you are missing something, & when you find the missing link, you will understand why people are standing on both sides of the fence on this issue.
I don't NEED to understand the industry. The big three is private sector and has nothing to do with the taxpayers money....PERIOD! I think the friggin politicians have lost their friggin mind supporting these bailouts. This is pure old fashioned socialism at it's best, and I, as well as the majority of this country, don't want the government screwing around with the private sector is this manner. It is not what the framers had in mind, and they are rolling over in their graves!! :wink:
mr go fast
Member
- Joined
- Aug 8, 2007
The big three will survive with our money or without. Will they cut jobs? Will they cut production? Will they close dealers? YES. Just like every company that is losing money, they will regroup and restructure. Its not our fault that a big enough company cannot be at a stand point to survive for a year without making money. Its seems around here in the Bay Area, the local dealers that have closed were living month to month. I have no sympathy for that. The automotive industry will not fold cause of the big three not making enough cars. The automotive industry will taylor more to the replacement parts/tires for vehicles. The finance companies are getting a little hard on the credit score requirements. Buying a vehicle is not as easy as it was before. People will be keeping their current vehicles and spending money to keep them longer. The people who are contracted to make the parts/tires for new vehicles will survive.
Gary Wells
White turbo Buick trailer park trash
- Joined
- Mar 2, 2002
I am not too sure that all 3 will survive, and I am not too sure that all 3 deserve to survive. The outcome of this either way will affect America for years to come. Even if all 3 survive without any bail-out money there will be a trickle-down effect still affecting many peoples jobs and lives. I suspect that if all 3 do survive and not get any bail-out bucks, they will come to their senses regarding how they do business in general. Especially in regards to flying separate private jets at such a tremendous cost when asking for handouts resulting from their lack of knowledge of running businesses. I do think that either way we will lose some small businesses supporting the auto industry, and we probably already have. I am not passing judgement on whether it should happen or not, only that it will.
mr go fast
Member
- Joined
- Aug 8, 2007
I have faith in our peoples. We will overcome what ever happens.
Gary Wells
White turbo Buick trailer park trash
- Joined
- Mar 2, 2002
I am sure that we will survive. Survival of the US is not good enough for me. I would like to see our country prosper as it has done in years past. And the gap between merely surviving and prospering for our country is getting narrower by the day. At least in the issue of the finance organizations that went astray, the FDIC seems to have a good game plan as to what's best for everybody concerned. Without a watchdog overseeing the big 3, they need to pull their pants up by themselves before expecting everybody to bail them out.
Junior Samples
Walk Away
- Joined
- Aug 3, 2007
They can shut down for 6 months but what happens to all them little legs?
Joes 1600 sq ft shop with 6 employees stamping out brackets for somthing under the seats? can he shut down for 6 months?...nope
Right now the big3 have stopped payments to suppliers so once they close up and the big3 figgure it all out then open back up..where will they get the misc parts?
What happens to RMar on this board whos powder coating biz does alot of work for the big 3...he has alot of friggun money tied up into his state of the art operation...can he shut down for 6 months?...ouch
Joes 1600 sq ft shop with 6 employees stamping out brackets for somthing under the seats? can he shut down for 6 months?...nope
Right now the big3 have stopped payments to suppliers so once they close up and the big3 figgure it all out then open back up..where will they get the misc parts?
What happens to RMar on this board whos powder coating biz does alot of work for the big 3...he has alot of friggun money tied up into his state of the art operation...can he shut down for 6 months?...ouch
I was simply referrring to his anger stemming from the fact that other people's bad decisions cost him his job, which IIRC he had for many years prior. I'd be pissed too.
An awful lot of people are going to lose their jobs in this economy no matter what happens. Pretty sure there will be more if they all go bankrupt. All is not lost at this point in time but it could be if that f*#%in UAW chairman doesn't accept at least some responsibility in this matter.
Two wrongs don't make a right. The majority of the country Dem/Rep didn't support that bank bail-out either. Do we bail out the vacuum cleaner industry next? How 'bout all them car washes? If I were in the automotive manufacturing industry I would be angry, too. It's called 'self preservation'. It's human, and it's understandable. But the soldier feels the sting of war, and the general must see the big picture. However, for those of us standing outside of the situation we can see the forest for the trees. The auto man's must file chapter 11 and restructure. Then we can fall in alignment with the rest of the world, stronger, leaner, meaner, and able to adapt to change and COMPETE! THAT is how the industry will survive. NOT the monolithic institution that currently exists.
Red Regal T
Senior Member
- Joined
- May 24, 2001
It's comical discussing the paltry bailout of these disappearing manufacturing jobs in this country, when the morons in Washington have already allowed the theft of $8.5 TRILLION by the banksters in this country. Yes, that's a trillion with a T, for which they are not even allowed by congress, or anyone else, to be held accountable. Yeah, those greedy automakers. Now, I'm no expert on economic matters, but it seems to me, you're all barking up the wrong tree.
Government bailout hits $8.5 trillion
Now, I'm no expert on economic matters, but it seems to me, you're all barking up the wrong tree.Government bailout hits $8.5 trillion
turbofish38
Le Pétomane
- Joined
- Dec 3, 2002
It's like... screw you guys, but read my long winded anyway.
Hey you read it anyway. Thanks for buying a Toyota BTW. Both you and Sean need to reread the part about lost tax revenue. What dont you get about Chapter 11 being a bad idea? What don't you get about this countries loss of manufacturing base? If Detroit goes tits up Toyota aint going to step up production and hire everyone layed off. If I had to guess I'd say JapanInc is going to find it hard to build cars here which means they would most certainly take those jobs back to Japan. I'm going away from these threads for good. Can't teach people who don't want to learn.I've been insulted one to many times. Quite a few people posting here who make their livelyhood in the auto industry. It just burns the heck out of me when people post anti-Detroit hate on a board dedicated to the crapiest car ever to roll out of there. Have a nice Christmas and remember those who aren't as fortunate. Someday it may be you.
