Comments on: GM Will Build New Yet-to-be Revealed Subcompact Car in Michigan, Hopes to Sell More Than 100,000 Annually

By: jeffhre

jeffhre — Tue, 30 Jun 2009 15:42:01 +0000

So every bad decision from an untalented industrialist will be called socialism from now on? Because it’s the isms that bother you and not the fact that some pitiful managers are destroying investor wealth.

If union and management can’t negotiate profitable ventures investors should go and play tiddly winks instead of propping up failures. And you could be helping by putting the blame for those failures where they lie, instead of getting your rant on about some musty old European failed experiments and scary ism’s that go boo in the night.

By: Mohsen

Mohsen — Tue, 30 Jun 2009 06:26:15 +0000

Wake up jeffhre – issue is not size of the car. Issue is whether it is competitive. When it is not competitive, it makes a loss, and the government will have to pay for the subsidy. Everyone gets poorer and the level of wealth in society decreases. Living standards come down.

All this hardship that society has to endure, just to make unions who have POLITICAL power (via the strike) happy and well fed.

If that is not socialism, then what is?

By: wwskinn3

wwskinn3 — Mon, 29 Jun 2009 21:23:53 +0000

Now can someone please make an affordable 2 seater convertible electric?

By: wwskinn3

wwskinn3 — Mon, 29 Jun 2009 21:14:43 +0000

Is this going to be “Obama’s Car” – the car everybody needs and nobody wants?

By: Bob G

Bob G — Mon, 29 Jun 2009 20:58:15 +0000

“Automotive is THE nastiest environment for electronics.”

You’ve obviously never heard of the aerospace industry.

By: Bob G

Bob G — Mon, 29 Jun 2009 20:50:49 +0000

Moving production may have helped GM deal with the tilted playing field, but it would not have prevented 40% of all automobile sales from drying up overnight. Also, personal insults may gratify your ego, but they erode the credibility of your arguments.

By: N Riley

N Riley — Mon, 29 Jun 2009 20:38:11 +0000

I hate to rain on your parade, but that car is pretty much a Prius/Volt copy design except for the butt ugly rear end. Sorry, but that is my best opinion. Maybe the technical specs will make up for its “copy” image.

I don’t disagree with the statement that the car pictured is ugly. We really did not get to see much of the BMW to tell just how it looks any different than the Prius or Volt.

By: Lwesson

Lwesson — Mon, 29 Jun 2009 19:20:32 +0000

Nuke Lad, You were spot on on nailing the form of government. What I cannot understand is why the “leaders” of GM took the “bailout” knowing, they must have known, that the situation would still lead to bankruptcy which would mean that Das Stat would own much of GM. What incentive did the self serving smart guys have?

Regards to your fallout.——–Higgins and the Lads, Zeus & Apollo

By: MuddyRoverRob

MuddyRoverRob — Mon, 29 Jun 2009 17:30:24 +0000

It is widely felt that the UAW have freely ripped off the car buying public for too long. The wages paid for what is mostly unskilled labour is both both insane and unjust.

There is a line where covering a higher cost of living transitions to incrediblely expensive. The UAW ensures they are well past that line at all times.

By: N Riley

N Riley — Mon, 29 Jun 2009 14:44:53 +0000

Maybe the car will be profitable. Maybe the car will have quality construction. Maybe the car will be fuel efficient. Maybe people will buy it. Maybe……………..