"Hell its brilliant to announce it now."
I think you're right. I figure if the volume is 35,000, it's about 350 people. So, let them fight for that now that they've made a big deal about it. And close another 2500 person plant while they're distracted by the Chinese vehicle.
Or the more likely scenario is the common practice of the UAW taking an event that is already planned and known to them and make it look like they beat GM into submission.
"PM, you ignorant nut! He's quoting MAllen! Pay attention!"
Kind of a convention for the terminally stupid today Chebby.
"When did Mallen make the $200 oil prediction. After the $150 was close to being breached. Probably did say something in passing "don't be surprised if we hit $200. What year was THAT jeye? You are allowed to guess plus or minus 5 years. Go for it."
Actually the oldest reference that I can find about $200 oil was not by MAllen, it was by webuchadnezzar_reva on Apr 10, 2011:
"I could see oil at $200 a barrel, easily."
"I could see $200 oil within the next 2 years. In fact, if the dollar melts down as I think it could, we may see a $2,000 loaf of bread. The only thing I can see stopping a total dollar implosion, in fact, is if Congress somehow gets our debts under control."
If there's an earlier reference, it's not showing up on the search engine.
"The more a company stock drops the higher the dividend goes. Same amount at 20 dollars or 40 dollars The percent just changes because the stock gets cheaper!"
Is that how that works? Thanks for clearing that up qqq. Did you get that Chebby? Who says you can't learn things on this message board!!
"Still, you try! There's something to be said for that!"
Thank you Chebby.
This is my quest
To follow that star
No matter how hopeless
No matter how far
To fight for the right
Without question or pause
To be willing to march into Hell
For a heavenly cause
And I know if I'll only be true
To this glorious quest
That my heart will lie peaceful and calm
When I'm laid to my rest
"given him, and is now shorting the stock? Is it king who is actually shorting or his family and friends?"
Bob King hasn't been UAW President for over a year now. If you going to make stuff up, at least stay current.
"gm should have done an honest bankruptcy and shafted the uaw instead of shareholders."
I think very few on this board would disagree. Unfortunately, as has been explained many times here, circumstances did not allow that.
"He said the car was failing to sell even during ideal high fuel price conditions."
None of the alternative energy cars are selling. Even Toyota only sold 242K Prius' globally in 2014 vs 509K in 2010.
"I DON'T KNOW what I would do if I was an automaker if I was tasked with meeting those requirements. That is not my expertise and on't pretend that it was. If THEY don't know I can't be expected to. That does not mean I can't have an opinion on the subject."
Having a negative opinion without an alternative doesn't add much to the conversation. I don't see any alternative to continuing to develop hybrid and electric power trains. It is possible that the government will eventually see how stupid their current position is, but by that time billions will be wasted.
If they don't rescind the law, the consumer's choice will be:
1. Don't buy a new car.
2. Pay $10K+ more than a comparable ICE car.
3. Buy a ridiculously small car like the VW Diesel Hybrid L1 or an Elio concept with it's 3 wheel, 3 cylinder engine.
My suggestion would be to hold onto that E250 as long as the wheels don't fall off.
"I realize they can't wait for gasoline to get up to $5.00 a gallon and then turn the faucet on with their electric cars. However GM failed with The VOLT even when gasoline was at $6.00 a gallon in parts of California."
The price of gas doesn't have anything to do with why GM made the Volt. It's all about the CAFE standards. If the price of gas is $1 per gallon in 2025, automakers will STILL have to meet the standards.
"So the technology to meet the 2025 standards do exist."
It doesn't matter what you claim to get (even though your results are considerably more than the DOE estimate), it only matters that the government results are 27/38 and combined 31 MPG. It falls considerably short of the 2025 standards.
"Won;'t GM have to sell a lot more VOLTS for it even to be a factor?"
Absolutely, which is why the government standards are ridiculous. To meet the standards, consumers will have to buy enormous quantities of these cars that they currently don't want. Even your $60K car doesn't meet the standard.
"I see some of these bozos are still talking about the time when I said oil at $200 and missed it by $15-$20. I don't remember anything else being said about Oil since."
The record high for crude oil was on July 3, 2008 when the price reached $145.31, exactly $54.69 from $200.
"I think we were both spot on on VOLT but of course no one remembers that!
New Volt will not fare any better than the old VOLT. How's that for a prediction.
TESLA is going down big time. There is another."
I think we would all agree that in a simplistic, contemporary marketplace there really isn't much of a demand for hybrids, PHEVs, or electric vehicles. But we don't have a simplistic market, do we? In 9 short years, every car maker will be required to have completely turned over their fleet to vehicles that will average 54.5 MPG. That means development, engineering, retooling, capacitizing and start up must be complete.
If we lived in that simplistic world, of course no one would build these cars, they have less than 3% (and falling) of the demand.
But given the regulatory environment that automakers live in, and given your aversion to alternative power trains, what would your plan be to achieve the 2025 CAFE standards?
Ya know RDH, you can post anything you like on this board within the unenforced Yahoo guidelines. But when you start with this kind of crap, you lose me. You put yourself in the same category of these other under developed morons whom I pay no attention to.
I have LOTS of problems with Jeye, but there's no place for this garbage.
"Is this why Companies went to Alabama in the first place along the state paying them to move there.."
I don't know which companies you're talking about. Besides, it's irrelevant to the Hyundai conversation. Stay focused, try.
"Sorry I didn't Lie."
So it was a persistent and repeated mistake? Because if there's one thing we now know, it wasn't true.
Do you think this has something to do with Hyundai and illegal hiring? Or is it just a public service announcement of yours to keep the message board up on current affairs?