The Surge Worked- Now Admit the GM thing is Looking Good...

[AndrewG]

And there my friend is the issue. Aesthetics over quality...lets just agree to disagree and I'll buy you a drink at the Tarpon Club one evening, since I'm saving on auto repairs. In the grand scheme of things, it's really not worth "discussing". Cheers! ;-)

I'm with Geo here. Aesthetics plays a huge role in the American infatuation of cars. That was my point earlier that GM lost their aesthetics edge and quality at the same time. Not only did they lose it but it fell off a cliff.

I also agree with Geo that as long as a company delivers on looks or durability it will at least survive. People buy a car solely for looks all the time. Hummer owners didn't buy them because they were durable or fuel efficient.

 

[Andy A]

I'm with Geo here. Aesthetics plays a huge role in the American infatuation of cars. That was my point earlier that GM lost their aesthetics edge and quality at the same time. Not only did they lose it but it fell off a cliff.

I also agree with Geo that as long as a company delivers on looks or durability it will at least survive. People buy a car solely for looks all the time. Hummer owners didn't buy them because they were durable or fuel efficient.

Yeah, and they didn't look good, either. I guess they were a status symbol. How about the Chevy Bolt? or is it Volt? Anyway, almost $40,000 and what I consider a short usage range. The Nissan Leaf is no better though a bit cheaper. Cars, at my age, are for transportation and I'm in the drive them as long as they perform well class.

 

[beachFool]

Yeah, and they didn't look good, either. I guess they were a status symbol. How about the Chevy Bolt? or is it Volt? Anyway, almost $40,000 and what I consider a short usage range. The Nissan Leaf is no better though a bit cheaper. Cars, at my age, are for transportation and I'm in the drive them as long as they perform well class.[/QUOTE]

Good advice no matter your age.

 

[Andy A]

Yeah, and they didn't look good, either. I guess they were a status symbol. How about the Chevy Bolt? or is it Volt? Anyway, almost $40,000 and what I consider a short usage range. The Nissan Leaf is no better though a bit cheaper. Cars, at my age, are for transportation and I'm in the drive them as long as they perform well class.[/QUOTE]

Good advice no matter your age.

Thank you. I agree. My wife wouldn't trade her 2003 Honda CRV for anything. I've offered serveral times to buy her a new one. Her answer is consistent. "Why"?

 

[scooterbug44]

I'm interested in a car because of how it looks, but I buy it because of how it drives, how easy it is to maintain, and how long it lasts.

My car has not yet hit 100,000 miles and has had several of what I consider to be unacceptable issues with basic items.

Guess which car/brand I will probably not buy again?

 

[idlewind]

I'm interested in a car because of how it looks, but I buy it because of how it drives, how easy it is to maintain, and how long it lasts.

My car has not yet hit 100,000 miles and has had several of what I consider to be unacceptable issues with basic items.

Guess which car/brand I will probably not buy again?

I have a work truck that has over 220,000 and still runs like a charm. I will probably drive it until it becomes to costly to fix. Why change unless necessary? I can spend my ill gotten capitalist gains on other things.

 

[Bob]

Equities research analysts at Citigroup (NYSE: C) boosted their price target on shares of General Motors (NYSE: GM) from $47.00 to $50.00 in a research note to investors on Friday. The analysts currently have a ?buy? rating on the stock.

Separately, analysts at Goldman Sachs (NYSE: GS) cut their EPS estimates on shares of General Motors in a research note on Friday. They now have a ?buy? rating and a $42.00 price target on the stock.

General Motors Company (GM) is a global automotive company. The Company develops, produces and markets cars, trucks and parts worldwide. Its business is diversified across products and geographic markets, with operations and sales in over 120 countries. GM assembles its passenger cars, crossover vehicles, light trucks, sport utility vehicles, vans and other vehicles in 71 assembly facilities worldwide and has 87 additional global manufacturing facilities. With a global network of over 21,700 independent dealers it meets the local sales and service needs of its retail and fleet customers. GM?s business is organized into three geographically-based segments: General Motors North America (GMNA), General Motors International Operations (GMIO) and General Motors Europe (GME). It offers a global vehicle portfolio of cars, crossovers and trucks. In addition to the products GM sells to its dealers for consumer retail sales, it also sells cars and trucks to fleet customers.

 

[scooterbug44]

I have a work truck that has over 220,000 and still runs like a charm. I will probably drive it until it becomes to costly to fix. Why change unless necessary? I can spend my ill gotten capitalist gains on other things.

The car I was referring to is over 10 years old - I am a big fan of the "drive it until it stops running/repair bills start mounting" school.

But the stuff that is breaking is pretty damn basic and is something they should be able to manufacture to not break at that mileage IMO.

 

[Matt J]

Could someone please explain the difference between tax cuts for the rich and bailouts?

 

[Miss Kitty]

Could someone please explain the difference between tax cuts for the rich and bailouts?

And explain the difference of the working rich and the idle rich.