Comments on: Obama May Help GM, and CEO Says Bankruptcy Still Not an Option http://gm-volt.com/2008/11/08/obama-may-help-gm-and-ceo-says-bankruptcy-still-not-an-option/ Real-time news, information, and discussion about the Chevrolet Volt. Mon, 13 Feb 2012 14:23:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Nachman http://gm-volt.com/2008/11/08/obama-may-help-gm-and-ceo-says-bankruptcy-still-not-an-option/#comment-114641 Nachman Fri, 22 May 2009 04:18:13 +0000 http://gm-volt.com/?p=1363#comment-114641 Great blog Great blog

]]> By: WTF http://gm-volt.com/2008/11/08/obama-may-help-gm-and-ceo-says-bankruptcy-still-not-an-option/#comment-82684 WTF Tue, 25 Nov 2008 02:55:54 +0000 http://gm-volt.com/?p=1363#comment-82684 GM's CEO makes 14 times what the CEO of Toyota makes yet GM continues to blow through cash like Tony Montana blew coke. Any now he wants us to give him billions more? And he doesn't even have a business plan in place for the money. Call me a 1st year economics student but you DO NOT PARTAKE IN ANY BUSINESS VENTURE WITHOUT A BUSINESS PLAN!!! W.T.F? Wake up people. If the gov't gives the tools the cash they will blow it, still lay off tons of people and still drive the company into the ground. Yes it would be nice for us to have a U.S. auto industry but only if they can make money. Last time I checked we have a capitalist society. If you make money, you win, if you don't, you lose. Game over. Come on people... GM’s CEO makes 14 times what the CEO of Toyota makes yet GM continues to blow through cash like Tony Montana blew coke. Any now he wants us to give him billions more? And he doesn’t even have a business plan in place for the money. Call me a 1st year economics student but you DO NOT PARTAKE IN ANY BUSINESS VENTURE WITHOUT A BUSINESS PLAN!!! W.T.F? Wake up people. If the gov’t gives the tools the cash they will blow it, still lay off tons of people and still drive the company into the ground.

Yes it would be nice for us to have a U.S. auto industry but only if they can make money. Last time I checked we have a capitalist society. If you make money, you win, if you don’t, you lose. Game over. Come on people…

]]> By: Randoman http://gm-volt.com/2008/11/08/obama-may-help-gm-and-ceo-says-bankruptcy-still-not-an-option/#comment-79727 Randoman Fri, 14 Nov 2008 18:38:22 +0000 http://gm-volt.com/?p=1363#comment-79727 There is something else everyone fails to see! The U.S. auto industry is a National Security asset! Who do you think contributed tremendously to war production in WW2? The auto industry, it's machinery and it's experienced assembly line workers provided the core to get our war production going! Whatever way it is done-we need the U.S. auto industry! There is something else everyone fails to see! The U.S. auto industry is a National Security asset! Who do you think contributed tremendously to war production in WW2? The auto industry, it’s machinery and it’s experienced assembly line workers provided the core to get our war production going!
Whatever way it is done-we need the U.S. auto industry!

]]> By: T http://gm-volt.com/2008/11/08/obama-may-help-gm-and-ceo-says-bankruptcy-still-not-an-option/#comment-79532 T Fri, 14 Nov 2008 17:15:19 +0000 http://gm-volt.com/?p=1363#comment-79532 Think big. Here's another approach to bolster Volt sales and help GM. Instead of a tax credit, offer GM a $20,000 cash "production development rebate" for each unit sold, payable to GM at closing with only one caveat -- the car must sell for a base of $38,000 ($18,000 after the credit). Sales of 500,000 units (about twice the Prius sales rate) would give GM $10B, a figure well within the amounts being talked about in various "bailout" scenarios. Everybody wins -- GM gets to sell half a million high-priced cars per year, legislators get to help GM without having to re-engineer the company's entire business plan, the U.S. fleet gets greener in a hurry, and consumers are prepared for the upcoming $5/gal. gas. Think big. Here’s another approach to bolster Volt sales and help GM. Instead of a tax credit, offer GM a $20,000 cash “production development rebate” for each unit sold, payable to GM at closing with only one caveat — the car must sell for a base of $38,000 ($18,000 after the credit). Sales of 500,000 units (about twice the Prius sales rate) would give GM $10B, a figure well within the amounts being talked about in various “bailout” scenarios. Everybody wins — GM gets to sell half a million high-priced cars per year, legislators get to help GM without having to re-engineer the company’s entire business plan, the U.S. fleet gets greener in a hurry, and consumers are prepared for the upcoming $5/gal. gas.

]]> By: Jason The Saj http://gm-volt.com/2008/11/08/obama-may-help-gm-and-ceo-says-bankruptcy-still-not-an-option/#comment-78691 Jason The Saj Wed, 12 Nov 2008 17:44:52 +0000 http://gm-volt.com/?p=1363#comment-78691 I say let GM go bankrupt. Let them shatter the union noose around their neck and start clean and in a manner which would facilitate competitiveness. I say let GM go bankrupt. Let them shatter the union noose around their neck and start clean and in a manner which would facilitate competitiveness.

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