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	<title>Comments on: Auto Industry Needs Nearly $100 Billion to Survive:  Should They Get it?</title>
	<atom:link href="http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/feed/" rel="self" type="application/rss+xml" />
	<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/</link>
	<description>Real-time news, information, and discussion about the Chevrolet Volt.</description>
	<lastBuildDate>Sat, 21 Nov 2009 09:55:54 -0800</lastBuildDate>
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		<title>By: M1EK</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-97007</link>
		<dc:creator>M1EK</dc:creator>
		<pubDate>Mon, 23 Feb 2009 17:40:32 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-97007</guid>
		<description>&quot;And it’s what forced Detroit to cede the low- margin compact car market. If it’s really 4k per car, that’s huge when you’re talking about a 10,000-15,000 car!&quot;

Detroit&#039;s strategy was to decontent and dequality the small car to save $1K and then turn around and sell it for $5K less than a comparable Japanese car.

Good show. Gonna make it up in volume?

The delusion here is just amazing. Not only did they never really try to make good small cars (except for the 1st gen Saturns, which I actually bought); they&#039;ve usually failed to hide a deep and active loathing for the very existence of small car buyers the whole time.</description>
		<content:encoded><![CDATA[<p>&#8220;And it’s what forced Detroit to cede the low- margin compact car market. If it’s really 4k per car, that’s huge when you’re talking about a 10,000-15,000 car!&#8221;</p>
<p>Detroit&#8217;s strategy was to decontent and dequality the small car to save $1K and then turn around and sell it for $5K less than a comparable Japanese car.</p>
<p>Good show. Gonna make it up in volume?</p>
<p>The delusion here is just amazing. Not only did they never really try to make good small cars (except for the 1st gen Saturns, which I actually bought); they&#8217;ve usually failed to hide a deep and active loathing for the very existence of small car buyers the whole time.</p>
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		<title>By: Herman</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-96664</link>
		<dc:creator>Herman</dc:creator>
		<pubDate>Sat, 21 Feb 2009 11:10:04 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-96664</guid>
		<description>MONEY MONEY MONEY.... oke i wonder where is the black hole that is sucking all the money out of GM?

Maybe Tesla will take over GM :P or even aptera... haha

Anyway... maybe the BYD will here before the VOLT.

The biggest import company here in the netherlands has already signed a contract with BYD for importing byd cars. 

http://www.echo.nl/wf-ds/auto/lees/787924/autobinck.wordt.importeur.byd/   
(it&#039;s dutch but english is part of the german languages so you should get the point )

And it&#039;s claimed that they already made there cars NCAP ready. But not sure.

I still don&#039;t get it why chinese people can ride a plug in before we EVEN CAN BUY ONE =D seriously!!   
Soon chinese will be the new amerika.... i think.</description>
		<content:encoded><![CDATA[<p>MONEY MONEY MONEY&#8230;. oke i wonder where is the black hole that is sucking all the money out of GM?</p>
<p>Maybe Tesla will take over GM <img src='http://gm-volt.com/wp-includes/images/smilies/icon_razz.gif' alt=':P' class='wp-smiley' />  or even aptera&#8230; haha</p>
<p>Anyway&#8230; maybe the BYD will here before the VOLT.</p>
<p>The biggest import company here in the netherlands has already signed a contract with BYD for importing byd cars. </p>
<p><a href="http://www.echo.nl/wf-ds/auto/lees/787924/autobinck.wordt.importeur.byd/" rel="nofollow">http://www.echo.nl/wf-ds/auto/lees/787924/autobinck.wordt.importeur.byd/</a><br />
(it&#8217;s dutch but english is part of the german languages so you should get the point )</p>
<p>And it&#8217;s claimed that they already made there cars NCAP ready. But not sure.</p>
<p>I still don&#8217;t get it why chinese people can ride a plug in before we EVEN CAN BUY ONE =D seriously!!<br />
Soon chinese will be the new amerika&#8230;. i think.</p>
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		<title>By: jeff j</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-96578</link>
		<dc:creator>jeff j</dc:creator>
		<pubDate>Fri, 20 Feb 2009 19:48:06 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-96578</guid>
		<description>Oh boy!!</description>
		<content:encoded><![CDATA[<p>Oh boy!!</p>
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		<title>By: RB</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-96454</link>
		<dc:creator>RB</dc:creator>
		<pubDate>Fri, 20 Feb 2009 12:37:26 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-96454</guid>
		<description>The WSJ is reporting this morning (2/20) that customers are shifting from GM and Chrysler to Ford.</description>
		<content:encoded><![CDATA[<p>The WSJ is reporting this morning (2/20) that customers are shifting from GM and Chrysler to Ford.</p>
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		<title>By: john1701a</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-96442</link>
		<dc:creator>john1701a</dc:creator>
		<pubDate>Fri, 20 Feb 2009 10:53:20 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-96442</guid>
		<description>&lt;i&gt;Oh, and to everyone that is complaining about the Volt’s price, compare it’s maintenance cost and features to the Prius.&lt;/i&gt;
_________________________

Real-World data takes years to gather... which means &lt;b&gt;2013&lt;/b&gt; at the very minimum before anyone will have an constructive basis of comparison available.

At that point, how many of the newest model Prius will be on the road?  Stop fighting the very vehicle helping to push technology in favor of vehicles like Volt.

Remember, GM&#039;s restructuring plan just submitted to the government relies heavily on traditional (non-hybrid) vehicles.</description>
		<content:encoded><![CDATA[<p><i>Oh, and to everyone that is complaining about the Volt’s price, compare it’s maintenance cost and features to the Prius.</i><br />
_________________________</p>
<p>Real-World data takes years to gather&#8230; which means <b>2013</b> at the very minimum before anyone will have an constructive basis of comparison available.</p>
<p>At that point, how many of the newest model Prius will be on the road?  Stop fighting the very vehicle helping to push technology in favor of vehicles like Volt.</p>
<p>Remember, GM&#8217;s restructuring plan just submitted to the government relies heavily on traditional (non-hybrid) vehicles.</p>
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		<title>By: Chris L.</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-96439</link>
		<dc:creator>Chris L.</dc:creator>
		<pubDate>Fri, 20 Feb 2009 10:32:24 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-96439</guid>
		<description>I agree that cost is an issue, but the government basically investing this money.  If the US automakers can turn this thing around (which the last few years show that they can), the benefits will be much greater than the cost.

Thousands of jobs and hundreds of companies are at risk, but the only thing that most people are seeing is the $100 billion loaned and think that it is all cost.  The trade deficit is already at a negative and that&#039;s with all of the weapons sales.  The past decade has been the first and hardest part of the reconstruction of their business.  We should not just give up now.  The last depression wasn&#039;t overcome until government spending was finally called to help.

The publicity of theses events aren&#039;t helping GM.  People are worried that their warranties won&#039;t be validated.  This is followed up by Hyundai (I purposefully pronounce their name wrong), who mainly use Korean labor (one of the cheapest labor in the world), for only a couple thousand less.  Today&#039;s quality might be better, but almost all of the people that I have known that have owned a Hyundai in the past have had transmission problems and a significant drop in gas mileage, so obviously the total cost isn&#039;t factored in.

With Chevy winning the loyalty award for 2009, there should be something done to help.  Oh, and to everyone that is complaining about the Volt&#039;s price, compare it&#039;s maintenance cost and features to the Prius.  Not to mention that it will have an American battery.  The benefit out weights the cost.</description>
		<content:encoded><![CDATA[<p>I agree that cost is an issue, but the government basically investing this money.  If the US automakers can turn this thing around (which the last few years show that they can), the benefits will be much greater than the cost.</p>
<p>Thousands of jobs and hundreds of companies are at risk, but the only thing that most people are seeing is the $100 billion loaned and think that it is all cost.  The trade deficit is already at a negative and that&#8217;s with all of the weapons sales.  The past decade has been the first and hardest part of the reconstruction of their business.  We should not just give up now.  The last depression wasn&#8217;t overcome until government spending was finally called to help.</p>
<p>The publicity of theses events aren&#8217;t helping GM.  People are worried that their warranties won&#8217;t be validated.  This is followed up by Hyundai (I purposefully pronounce their name wrong), who mainly use Korean labor (one of the cheapest labor in the world), for only a couple thousand less.  Today&#8217;s quality might be better, but almost all of the people that I have known that have owned a Hyundai in the past have had transmission problems and a significant drop in gas mileage, so obviously the total cost isn&#8217;t factored in.</p>
<p>With Chevy winning the loyalty award for 2009, there should be something done to help.  Oh, and to everyone that is complaining about the Volt&#8217;s price, compare it&#8217;s maintenance cost and features to the Prius.  Not to mention that it will have an American battery.  The benefit out weights the cost.</p>
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		<title>By: john1701a</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-96428</link>
		<dc:creator>john1701a</dc:creator>
		<pubDate>Fri, 20 Feb 2009 07:54:01 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-96428</guid>
		<description>&lt;i&gt;There is nothing which indicates that the “volt” is even viable.&lt;/i&gt;
__________________________________

It&#039;s been stated many times now that money won&#039;t be flowing in the correct direction until the second generation.  Volt depends on something else sustaining the business in the meantime.

In other words, bailout money will aid the struggle to deal with legacy costs but GM is still without competitive vehicles.  What will they sell to compete with the Camry &amp; Fusion hybrids?  What about Prius &amp; Insight?</description>
		<content:encoded><![CDATA[<p><i>There is nothing which indicates that the “volt” is even viable.</i><br />
__________________________________</p>
<p>It&#8217;s been stated many times now that money won&#8217;t be flowing in the correct direction until the second generation.  Volt depends on something else sustaining the business in the meantime.</p>
<p>In other words, bailout money will aid the struggle to deal with legacy costs but GM is still without competitive vehicles.  What will they sell to compete with the Camry &amp; Fusion hybrids?  What about Prius &amp; Insight?</p>
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		<title>By: Paul-R</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-96422</link>
		<dc:creator>Paul-R</dc:creator>
		<pubDate>Fri, 20 Feb 2009 06:33:37 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-96422</guid>
		<description>&quot;The startups that will spring-up in the place of the Big 3, will be much more capable of dealing with current market conditions.&quot;
-----------
I don&#039;t think so. I think their demise will be permanent, just like the permanent demise of the US electronics industry.

Unless of course you count spring-ups like Tesla. They have been springing up for almost six years now. In that time, they have managed to hand-build a few hundred of only one model that costs $109,000. 

I think if Detroit dies, Europe and Asia will own the auto business permanently. Or President Obama will make the big-three a nationalized Amkar to go along with Amtrak.</description>
		<content:encoded><![CDATA[<p>&#8220;The startups that will spring-up in the place of the Big 3, will be much more capable of dealing with current market conditions.&#8221;<br />
&#8212;&#8212;&#8212;&#8211;<br />
I don&#8217;t think so. I think their demise will be permanent, just like the permanent demise of the US electronics industry.</p>
<p>Unless of course you count spring-ups like Tesla. They have been springing up for almost six years now. In that time, they have managed to hand-build a few hundred of only one model that costs $109,000. </p>
<p>I think if Detroit dies, Europe and Asia will own the auto business permanently. Or President Obama will make the big-three a nationalized Amkar to go along with Amtrak.</p>
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		<title>By: texas</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-96421</link>
		<dc:creator>texas</dc:creator>
		<pubDate>Fri, 20 Feb 2009 06:27:52 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-96421</guid>
		<description>I hope nobody is fooled to think this mess is only going to cost $100 billion. That&#039;s a down payment! That&#039;s why we need:


1) Complete reorganization.

2)  Destruction of the UAW.

3) Write off of all legacy debt.

4) Sell off of any assets that do not fit the new plan perfectly.

5) Completely new companies. Otherwise the UAW will start a labor war. They may anyway. Those workers are not going to be happy to make fair wage. it&#039;s like an average American worker moving to a 3rd world country and accepting those working conditions. Not without a fight.

6) Retool the new companies for the transportation needs of the next century - electrified transportation.


The above will happen. It has to happen. The current business model simply cannot work in this new environment we find ourselves in. It might take us a decade to make the needed changes but those changes are coming. If they don&#039;t, The Big -3 will be more like the Little - 3 or perhaps the Tiny - 1.</description>
		<content:encoded><![CDATA[<p>I hope nobody is fooled to think this mess is only going to cost $100 billion. That&#8217;s a down payment! That&#8217;s why we need:</p>
<p>1) Complete reorganization.</p>
<p>2)  Destruction of the UAW.</p>
<p>3) Write off of all legacy debt.</p>
<p>4) Sell off of any assets that do not fit the new plan perfectly.</p>
<p>5) Completely new companies. Otherwise the UAW will start a labor war. They may anyway. Those workers are not going to be happy to make fair wage. it&#8217;s like an average American worker moving to a 3rd world country and accepting those working conditions. Not without a fight.</p>
<p>6) Retool the new companies for the transportation needs of the next century &#8211; electrified transportation.</p>
<p>The above will happen. It has to happen. The current business model simply cannot work in this new environment we find ourselves in. It might take us a decade to make the needed changes but those changes are coming. If they don&#8217;t, The Big -3 will be more like the Little &#8211; 3 or perhaps the Tiny &#8211; 1.</p>
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		<title>By: Laura</title>
		<link>http://gm-volt.com/2009/02/19/auto-industry-needs-nearly-100-billion-to-survive-should-they-get-it/#comment-96406</link>
		<dc:creator>Laura</dc:creator>
		<pubDate>Fri, 20 Feb 2009 04:24:03 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1532#comment-96406</guid>
		<description>170
Hous Volt Pharteen Says: 
February 19th, 2009 at 9:11 pm

How are you sure that you will see  products on the street just because of the bailout?  The automobile industry is in deep dive.
There is nothing which indicates that the &quot;volt&quot; is even viable.</description>
		<content:encoded><![CDATA[<p>170<br />
Hous Volt Pharteen Says:<br />
February 19th, 2009 at 9:11 pm</p>
<p>How are you sure that you will see  products on the street just because of the bailout?  The automobile industry is in deep dive.<br />
There is nothing which indicates that the &#8220;volt&#8221; is even viable.</p>
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