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GM's branding is horrible...The Volt is a pedestrian name. Now, they follow-up with the spark...Sorry, the smart young professionals who would buy this car are driving Toyotas, VWs, Audi, and BMW...The spark will be a another failure to launch display on the part of GM...
I remember that. Perot was on the GM board of directors after they bought his company Electronic Data Systems...He was a thorn in their side, as he was smart enough to see that they Titanic was sinking, and he wasn't shy about telling them. They paid big money to buy him out. Look at them now. Owned by Washington.....more
Don't kid yourself. If the stock were sold today, we would be out tens of billions...I would'nt bet on GM lasting five years without more taxpayer dollars...Former GM VP Bob Lutz said that GM couldn't survive a failure of the Volt. Guess what? The Volt is a failure...
The only thing keeping GM running is the fifty billion taxpayer dollars Obamao gave them, and of course, disavowing hundreds of billions owed by the "old" GM. The only thing keeping Washington running is the money Dr. Bernanke is printing. Good luck to all those Obamao supporters...
"Chevrolet will soon get a new addition to its lineup in the Spark,"
Are you kidding me? After the billion dollar flop, the Volt, now they are coming out with the Spark...These guys will be closing their doors within a couple of years unless Obamao sends more of our billions to prop them up again.
Funny how not a single banker, broker, or government official has been prosecuted following the greatest financial collapse in the history of the United States...Millions have lost their homes, jobs, savings, businesses and not one corrupt person has faced a jury...Why in hell is Obama's justice department running guns...more
Liz, are you on the Whitehouse payroll? Your statement, "and few experts believe we're at risk of a Greek-style crisis" while techically correct, is far from the whole story. As you know, Greece is tied to the Euro. They cannot print their own money. Our Federal government on the other hand, has the printing press...more
11/14/2012
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