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General Motors Company Message Board

lebu64 23 posts  |  Last Activity: Dec 19, 2014 11:25 AM Member since: Aug 31, 2011
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  • Reply to

    Not one GM on this list

    by jeyebolt2003 Dec 19, 2014 9:20 AM
    lebu64 lebu64 Dec 19, 2014 11:25 AM Flag

    This list:
    The best value car for 2015 is the Toyota Camry Hybrid, Consumer Reports said Thursday.
    "Smooth and capable-but not exciting," the $29,000 vehicle is "affordable for the roominess, comfort, and all-around functionality," the magazine said.

  • Reply to

    So much with Fair Trade with Japan

    by jeyebolt2003 Dec 15, 2014 1:55 PM
    lebu64 lebu64 Dec 15, 2014 8:09 PM Flag

    Let me take your half truth and turn it into the FULL truth:
    Now for SIX years, THE FED and the US Government has been manipulating its currency that Benefits their exporters. CALLED QE1, QE2 and QE3
    All of GM, Ford and Chrysler joint ventures with the Japanese Auto makers failed--THEY HAVE TROUBLE MAINTAINING THE QUALITY STANDARD AND LABOR COST CONTROL.
    Spotting a foreign car on Japanese streets is fairly uncommon — particularly from the big American companies — OVERSIZED AMERICAN CARS DO NOT SELL WELL IN JAPAN AND WHY BUY A COMPACT FROM A CAR COMPANY WITH LOWER STANDARDS THAN YOUR EXISTING DOMESTIC OFFERINGS.

  • When is the Justice Dept going to subpoena the GM executives for the cover up?

  • lebu64 lebu64 Nov 18, 2014 12:57 PM Flag

    Bingo. Even the liberals are criticizing GM's mismanagement debacle:
    Out of respect for the National Women's History Museum and the honorees, CEO Mary Barra will not attend the de Pizan Honors next Monday, November 17th
    "While we recognize that Mrs. Barra is the first woman to be named CEO of an American auto company, her first year in this position is only credited with one record so far — a record number of vehicle safety recalls connected to nearly 32 deaths and thousands of injuries," said to the letter signed by Christian.
    Barra was slated to receive the award Monday evening in Washington.
    Earlier in the week, the National Legal & Policy Center sent a request to the acting chair of the museum and congressional co-chairs, asking that the museum withdraw the award for Barra. The letter explained the center has concerns about Barra's credibility and continued investigation by the Justice Department related to the ignition switch recall.

  • Reply to

    GM Sales Are Softening

    by lebu64 Nov 12, 2014 12:58 PM
    lebu64 lebu64 Nov 12, 2014 8:39 PM Flag

    Meh.
    And by your logic Toyota is suffering? LOL !!!
    Do you need to be reminded who are the number ONE and number TWO car companies?
    PSSST Its not the channel-stuffing company misleading you with 226,819 sales!

  • lebu64 lebu64 Nov 12, 2014 8:31 PM Flag

    YUP!
    OCT SALES: GM was pleased to report that its dealers delivered 226,819 vehicles in the United States in October leading to "the company’s best October sales in seven years." GM added that Chevrolet sales were up year over year on the strength of the Silverado, Cruze, Traverse and Equinox, and "Buick had its best October in more than a decade." Alas, Cadillac did not, October sales tumbled -8.0%, and are down -4.6% on a YTD Y/Y basis. Bottom line: total GM sales increased a tiny 0.2%, well below the 3.1% expected.
    But it could have been much worse if GM had not resorted to its favorite sales "boosting" gimmick: channel stuffing. Indeed, as GM reported, in October, total units at dealer lots, rose to 792,489, or a whopping 94 days supply, up from 753, 928 (81 days) in September, and up a whopping 8.9% from the 728K in October of last year, when, again, sales were only 0.2% lower. This was the biggest one month jump in "dealer stuffed" vehicles since November of 2013.

  • Massive channel stuffing in October to support MARGINAL gains and TWO layoff announcements within a week.
    Dinero and M&S called it.

  • lebu64 lebu64 Nov 6, 2014 4:03 PM Flag

    Hardly a success story:
    "What still has been ignored by the mainstream media (likely because they are journalists and not financial analysts) and certainly hasn’t been voluntarily revealed by the car company execs is the fact that GM and other car manufacturers’ inventories still remain extremely elevated. And, this is an issue because, although, these inventories count as “sales” for the large auto companies, they really aren’t sales.You see, when the car companies push their vehicles to dealer lots, the car companies are able to show Wall Street that those cars were “sold”, taking advantage of accounting gimmicks. In reality all they have done is be able to keep production high while reporting sales for vehicles that may actually never really be “sold” in the more traditional sense. These cars may sit for months or longer on dealer lots before actually being sold at liquidation prices down the road. The fact that inventories continue to creep up supports this notion.
    General Motors for instance just pushed an extra 40,000 cars and trucks to its dealers in October, a very big 9% rise in inventories over last October and a 5% one month jump over September. Those 40,000 vehicles however count as sales for GM."

  • Reply to

    VOLT is now considered a failure*

    by robert_dinero_here Oct 28, 2014 1:18 PM
    lebu64 lebu64 Oct 28, 2014 4:37 PM Flag

    Hmmm. Where have I seen GM exaggerate and lie about there electric car capabilities?
    Oh.... the LAST Chevy Volt launch.
    WARREN, Mich. — General Motors said Tuesday that its Chevrolet Volt extended-range electric vehicle, scheduled for release in 2011, would achieve a fuel rating of 230 miles a gallon in city driving.
    Figures for highway driving and combined city and highway use have not been completed for the Volt, but G.M.’s chief executive, Fritz Henderson, told reporters and analysts at a briefing on Tuesday that the car was expected to get more than 100 miles a gallon in combined city and highway driving.
    “Our Chevrolet Volt extended-range electric vehicle will achieve unprecedented fuel economy,” Mr. Henderson said. “I’m confident that we will be in triple digits.”
    ACTUAL: 34 miles on single charge and 34 MPG on the gas engine.
    GM lives in denial.

  • lebu64 lebu64 Oct 27, 2014 3:54 PM Flag

    Yes it is, They DON'T pay taxes, they DON'T survive on merit, and EXIST only because of TAXPAYER bailout. Their mascot should be a single parent with 8 kids, a big TV, and a liquor cabinet full of booze.

  • Reply to

    ANOTHER GREAT DAY FOR SHORTS

    by qqq2244 Oct 9, 2014 4:40 PM
    lebu64 lebu64 Oct 13, 2014 4:24 PM Flag

    Speaking of SHORTS, do you a pair to loan to nomoredns? EVERYTIME he longs the stock, it drops another dollar.

  • Reply to

    The NEW GM ?????

    by bustabords1 Oct 7, 2014 7:37 PM
    lebu64 lebu64 Oct 7, 2014 8:30 PM Flag

    Exactly, Where are all the KOOL-AID drinkers that believe bankruptcy would solve decades of quality issues and the culture that supported it.

  • Reply to

    Buick compared to Tesla

    by jeyebolt2003 Sep 26, 2014 1:46 PM
    lebu64 lebu64 Sep 29, 2014 12:59 PM Flag

    When you say GROWING, you mean trying to emerge from GM's ashes?
    Wait until 3B people find out that Chevy and Buick are not too far apart--unlike the Buick Motor DIVISION of yesteryear from which their opinions are founded.

  • Reply to

    Buick compared to Tesla

    by jeyebolt2003 Sep 26, 2014 1:46 PM
    lebu64 lebu64 Sep 29, 2014 12:47 PM Flag

    This article is really reaching here. Buick and Tesla. phfff.
    Buick is GM, uses their corporate engines, embedded poor culture, and has the same division between labor and management---both here and in Germany.

  • Reply to

    GM OFFERS A MEASLY $1 MILLION PER DEATH?

    by thelyingobamas Sep 25, 2014 9:08 AM
    lebu64 lebu64 Sep 25, 2014 11:36 AM Flag

    "I am so glad I do not own a GM product. I do not trust the engineers in product safety design."
    EXACTLY
    With all the deaths and recalls, GM puts out a press release on an upcoming SELF DRIVING car.-- as if customers would be oblivious to their horrible track record.
    NEW GM is no different than OLD GM--except OLD GM paid more taxes.

  • lebu64 lebu64 Sep 23, 2014 12:38 PM Flag

    US car companies are not competitive in Japan--lack fuel efficiency, ill-sized, poor quality, no parts network, and are often NON-American. Its a garbage tariff by another name.

  • lebu64 lebu64 Sep 23, 2014 12:31 PM Flag

    ...as apposed to Detroit, GM, and Chrysler who sucked taxpayer dollars, evade taxes, squandered energy grants, and invested our money in other countries--as a "GIVER" state.

  • Reply to

    Sonic

    by jhawks2008ncaachamps Sep 21, 2014 11:59 AM
    lebu64 lebu64 Sep 22, 2014 1:07 PM Flag

    For some reason, the Midwest is more duped in these Korean cars as being American.

  • Is this GM's first year of building cars?
    A century's worth of experience? My #$%$

  • Reply to

    Another recall by Dead Beat Motors Inc.

    by msftintckings Sep 12, 2014 11:52 PM
    lebu64 lebu64 Sep 17, 2014 11:21 AM Flag

    You are a socialist by another name.
    Speaking of taxes, GM does NOT pay taxes:
    They NEW YORK (CNNMoney) -- The U.S. Treasury is giving up $14 billion in tax revenue because of a sweetheart deal it's giving General Motors.
    The automaker is expected to post its first profitable year since 2004 when it reports fourth-quarter results on Thursday. But GM (GM) won't have to worry about being hit with a big tax bill because billions in previous losses will provide shelter for years to come.
    That break will reduce GM's U.S. tax bill by an estimated $14 billion in the coming years, and its global taxes by close to $19 billion, according to a company filing.

GM
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