$11: GM Stock Falls Hard At Market Open On Goldman Downgrade

[Ming]

Sunglasses (Note how cheap I am later in the thread)

[FenwickHockey65]

Originally Posted by Ming

IP bans are meaningless with revolving IP schemes out there.

Oh yeahh...with proxy servers and stuff...lamesauce.

[mgescuro]

Originally Posted by Ming

That's a pair of sunglasses for mgescuro. Or a nice pair of shoes.

Heh.... Not the pair of sunglasses I've been eyeing....
But it will buy me that pair of shoes at John Varvatos I've been eyeing for a week!!

[vanshmack]

Originally Posted by FenwickHockey65

Oooo. Where do I apply?



Can't they just ban his IP address?

If he has a static IP, yes they could. If it's a dynamic IP, then it changes, so it probably wouldn't be possible. And even with a static IP, he could still use a different computer to get around it.

Back on-topic, the idea of Lutz having a tecnho-geek apprentice has merit. Even if they gave him some piercing-ridden Gen Y punk who drives an xB could give Lutz more insight into what younger drivers are looking for. I would be all for something like that!

[377Z]

Originally Posted by K-1

Scary? How so?

Because to be a well leveraged company, GM needs to have a well rounded lineup of competetive offerings that generate sufficient profit to sustain the company in ALL segments regardless of what mix is selling at the time, and be flexible enough to change it up with market demand. The fact that the drop of SUV sales are giving GM a pumpkin head deluxe is evidence that it isn't making enough on its sales of other vehicles. We also know that GM manufacturing is not very flexible, having trouble building to suit market demands. Finally, The fact that many of the programs they need now are still 2-3 years out.

[K-1]

Originally Posted by 377Z

Because to be a well leveraged company, GM needs to have a well rounded lineup of competetive offerings that generate sufficient profit to sustain the company in ALL segments regardless of what mix is selling at the time, and be flexible enough to change it up with market demand. The fact that the drop of SUV sales are giving GM a pumpkin head deluxe is evidence that it isn't making enough on its sales of other vehicles. We also know that GM manufacturing is not very flexible, having trouble building to suit market demands. Finally, The fact that many of the programs they need now are still 2-3 years out.

Which company frequently switches where they build each vehicle? GM's plants are plenty flexible. LDT can build anything from Lambdas to Kappas. Spring Hill can do the same. The problem is getting the right parts there - which is why companies don't switch up production.

The Cobalt XFE, Malibu/AURA 4-cyl/6-spds, etc. are just the tip of the iceburg. There's lots more coming this year and next year, not 2-3 years out.

[pwinskey]

I read this board everyday and I could not help but let Ming know that his post is the smartest idea yet outlining how to save the company! Hopefully the GM heads will be reading this board and taking note!!

[FenwickHockey65]

Originally Posted by vanshmack

Back on-topic, the idea of Lutz having a tecnho-geek apprentice has merit. Even if they gave him some piercing-ridden Gen Y punk who drives an xB could give Lutz more insight into what younger drivers are looking for. I would be all for something like that!

I don't fit either description...but I'm still willing to do the job.
Then again, I'm still probably too much of an old man mentally to tell Lutz what young drivers want.

They should really consider this though. I think it'd help a lot.

[Hotspur]

Let the bankruptcy come. Most companies realize too late that Chapter 11 can be a benefit, and in hindsight would have filed SOONER had they known.

GM should FILE NOW while it still has cash and the market is in the toilet. Shed or sell Pontiac, GMC, and Hummer, make Buick an Asia only brand, kill 75% of US GM dealers, rid itself of debt. GM could emerge as a real juggernaut if it moved NOW.

[Ed Arcuri]

We all recognize that better planning earlier would be making a difference now. We should also recognize that the planning that is done now will be regarded as brilliant or shortsighted at some time in the future.
We've had oil price shocks before and each time critics have emerged from the woodwork to blame the problem on automakers and oil companies.
This time things are a bit different. We know better than to distract ourselves with the blame game. The Congressional "gouging" hearings were a dud.
We also know that it is unlikely that the price of gasoline will ever drop by any substantial amount, at least not in a decade or two.
Thus, the planning should be for a robust product line of fuel sippers. At the same time, though, there will remain a market for trucks, vans, and people movers. Those sales will rebound somewhat as the housing market stabilizes and the economic crepe hangers move on to another crisis. I predict that much of this will go away on the Wednesday after the first Monday in November. I'm not making a partisan point. History has shown us that news media wring their hands about the economy every Presidential election year.
They've got to sell newspapers and advertising time, after all, so they need a hook.
Responding to present conditions is smart. Responding to future conditions is wise.
Cheers,
Ed Arcuri

[FenwickHockey65]

Originally Posted by member2

This is why gm is about to become second biggest car company in america.

Not really a bad thing. GM's always in the public eye since it's the largest automaker, I think it's about time toyota got its fair share of public scrutiny. If being the largest automaker in America will do that, then they should go ahead and do it. Now if toyota messes up on anything, they'll get the living hell criticized out of them. They've been pampered and babied for too long.
Plus, looking back at history, being the largest automaker does NOT result in good things towards the end of your reign...Ford, GM...and now toyota.

[jzchev28]

Originally Posted by drew770

Boeing is a manufactoring behemoth just like GM and when Boeing was having trouble they didn't wait until the shares fel by 1/2 to dump the leaders.

Also, Toyota never needed saving!! The Prius is the icing on the very profitable cake.

toilet-a never needed saving? really? are you sure on that one? like in the last 5 years never? or like never never? because i'm pretty sure japan has helped them more then you obviously realize.

[jzchev28]

Originally Posted by member2

But the problem is gm will not just stop at second spot, they will keep going down and soon will be third. That is the problem with downsizing all the time. you can not downsize to profit. you have to invest money in order to make profit not cut investment and expect to be profitable. That is what rick and lutz do not get.

you can't downsize to profit????

[Geotpf]

Originally Posted by Hotspur

Let the bankruptcy come. Most companies realize too late that Chapter 11 can be a benefit, and in hindsight would have filed SOONER had they known.

GM should FILE NOW while it still has cash and the market is in the toilet. Shed or sell Pontiac, GMC, and Hummer, make Buick an Asia only brand, kill 75% of US GM dealers, rid itself of debt. GM could emerge as a real juggernaut if it moved NOW.

If GM goes bankrupt, sales will fall further. Customers would be concerned about whether or not their warranties will be any good, as well as future availability of spare parts. Now, there are some very good technical reasons to go bankrupt, but they probably don't outweigh the consideration that such an action will cause sales to drop even more.

[FenwickHockey65]

Originally Posted by member2

But the problem is gm will not just stop at second spot, they will keep going down and soon will be third. That is the problem with downsizing all the time. you can not downsize to profit. you have to invest money in order to make profit not cut investment and expect to be profitable. That is what rick and lutz do not get.

Who's going to pass them? Ford?
Just kidding, I do like Ford.

I think GM's future lineup looks pretty good so far. The news of smaller, more economical four cylinder engines sounds promising. In reality, all we really need to do is streamline lineups, make a few fuel efficiency tweaks here and there, cut back on production of trucks/SUVs, and make sure that we manufacture quality cars. As long as all that happens, we'll be all right, and those gears are already in motion.
Nobody said the restructuring would be quick or easy. We're going to hit a few bumps along the way.