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SATURN The next orphan car? GM??
As I said, the news announced that 2009 will be the end of the line for
Saturn. Somebody suggested that GM will continue. Many parts are not interchangeable with other GM cars. Although it now seems that even the parts that are may prove to be a problem as GM's continued existence is in serious doubt even with a MASSIVE donation by Uncle Sam. Given the load that GM carries just with their obligations to the UAW members insures that GM can NEVER be even remotely close to profitable again. To make GM survivable their vehicles would not be even remotely competitive in the auto market. They will simply cost too much. It is a problem shared to a greater or lesser degree by both Chrysler and Ford. The UAW will not budge a penny on labor contracts. Even if the Feds gave GM a trillion dollars all it would accomplish is to prolong the inevitable. The only answer is to take GM into bankruptcy and sell off its assets at the world's largest garage sale. |
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#2
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SATURN The next orphan car? GM??
"krp" > wrote in
: > As I said, the news announced that 2009 will be the end of the line for > Saturn. Somebody suggested that GM will continue. Many parts are not > interchangeable with other GM cars. Although it now seems that even the > parts that are may prove to be a problem as GM's continued existence is > in serious doubt even with a MASSIVE donation by Uncle Sam. Given the > load that GM carries just with their obligations to the UAW members > insures that GM can NEVER be even remotely close to profitable again. To > make GM survivable their vehicles would not be even remotely competitive > in the auto market. They will simply cost too much. It is a problem > shared to a greater or lesser degree by both Chrysler and Ford. The UAW > will not budge a penny on labor contracts. Even if the Feds gave GM a > trillion dollars all it would accomplish is to prolong the inevitable. > The only answer is to take GM into bankruptcy and sell off its assets at > the world's largest garage sale. > > Ok, I'll let you have *this* one <G>. |
#3
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SATURN The next orphan car? GM??
"fred" > wrote in message ... > "krp" > wrote in > : > >> As I said, the news announced that 2009 will be the end of the line for >> Saturn. Somebody suggested that GM will continue. Many parts are not >> interchangeable with other GM cars. Although it now seems that even the >> parts that are may prove to be a problem as GM's continued existence is >> in serious doubt even with a MASSIVE donation by Uncle Sam. Given the >> load that GM carries just with their obligations to the UAW members >> insures that GM can NEVER be even remotely close to profitable again. To >> make GM survivable their vehicles would not be even remotely competitive >> in the auto market. They will simply cost too much. It is a problem >> shared to a greater or lesser degree by both Chrysler and Ford. The UAW >> will not budge a penny on labor contracts. Even if the Feds gave GM a >> trillion dollars all it would accomplish is to prolong the inevitable. >> The only answer is to take GM into bankruptcy and sell off its assets at >> the world's largest garage sale. >> >> > Ok, I'll let you have *this* one <G>. It appears even the venerable Cadillac is destined to be an orphan. |
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