Comments on: Court Approves Formation of New GM http://gm-volt.com/2009/07/06/bankruptcy-court-approves-formation-of-new-gm/ Real-time news, information, and discussion about the Chevrolet Volt. Mon, 22 Mar 2010 16:00:14 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Brian http://gm-volt.com/2009/07/06/bankruptcy-court-approves-formation-of-new-gm/#comment-140484 Brian Thu, 27 Aug 2009 03:12:21 +0000 http://gm-volt.com/?p=1745#comment-140484 Then why is Amtrak alway in the red if it is so efficient? Then why is Amtrak alway in the red if it is so efficient?

]]> By: jeffhre http://gm-volt.com/2009/07/06/bankruptcy-court-approves-formation-of-new-gm/#comment-130448 jeffhre Tue, 28 Jul 2009 22:29:41 +0000 http://gm-volt.com/?p=1745#comment-130448 I didn't bump you down at all. All right on the money, except for not including any of the points stas peterson pointed out. Makes it seem very one sided. Time will tell if GM is able to gain momentum or will slide back into some old habits. I didn’t bump you down at all. All right on the money, except for not including any of the points stas peterson pointed out. Makes it seem very one sided. Time will tell if GM is able to gain momentum or will slide back into some old habits.

]]> By: jeffhre http://gm-volt.com/2009/07/06/bankruptcy-court-approves-formation-of-new-gm/#comment-130446 jeffhre Tue, 28 Jul 2009 22:14:54 +0000 http://gm-volt.com/?p=1745#comment-130446 I would take a wild guess that the value of the company post IPO at any time would be more than the minus 50 billion (capitalization minus debt + new capital needs) before. I would take a wild guess that the value of the company post IPO at any time would be more than the minus 50 billion (capitalization minus debt + new capital needs) before.

]]> By: jeffhre http://gm-volt.com/2009/07/06/bankruptcy-court-approves-formation-of-new-gm/#comment-130444 jeffhre Tue, 28 Jul 2009 22:10:42 +0000 http://gm-volt.com/?p=1745#comment-130444 Why would anyone have invested in them before - blue chip inertia? The car making business is incredibly capital intensive, low margin and subject to seizures leading to complete meltdowns during downturns. It's only because they lasted so long (lasting mainly because of the horrendous cost of entry to the business and the high cost of shipping vehicles overseas for the first 60 years of business, that they have survived) that anyone would mistake a car-maker for a safe profitable investment. Invested capital is capital at risk. Especially if it's in the car business and the government is not committed to extending a hand to keep them out of bankruptcy. Why would anyone have invested in them before – blue chip inertia? The car making business is incredibly capital intensive, low margin and subject to seizures leading to complete meltdowns during downturns.

It’s only because they lasted so long (lasting mainly because of the horrendous cost of entry to the business and the high cost of shipping vehicles overseas for the first 60 years of business, that they have survived) that anyone would mistake a car-maker for a safe profitable investment.

Invested capital is capital at risk. Especially if it’s in the car business and the government is not committed to extending a hand to keep them out of bankruptcy.

]]> By: UnderCover Tonneau Cover http://gm-volt.com/2009/07/06/bankruptcy-court-approves-formation-of-new-gm/#comment-124653 UnderCover Tonneau Cover Wed, 08 Jul 2009 17:51:22 +0000 http://gm-volt.com/?p=1745#comment-124653 I think it means Nationalized General Motors Co myself... I wish I could get a bail out every time I had a failed idea/project... I would be a millionaire I think it means Nationalized General Motors Co myself… I wish I could get a bail out every time I had a failed idea/project…

I would be a millionaire

]]>