GM Price Too High For Spring Hill

[gardnet1]

Originally Posted by Gm_Tooler

Did I miss something? Didn't corker want a 2/3 reduction in bondholder debt? I recall them not being too happy at the time.





There were still unions in WI and TN last time I checked. Staying stuck in the past with a mediocre mindset can be a problem too.

But that 2/3 debt reduction was agreeable to the bondholders, just as Ford bondholders agreed to a reduction in value. Now they get thrown behind others with less priority such as the uaw, and Uncle Sam. Sen. Corker's plan was shared sacrifice by all in a fair way.

Now the bond market is more risky than the stock market. Next up the US Government will start defaulting on US Savings Bonds. obama administration/BK court is clueless and has less guilt than a snake oil salesman. The Rule of Law no longer exists.

[momolos]

Originally Posted by Bokl

Here we go again. New gm is really same old gm. And i have a feeling gm will end up in chapter 11 again if it ever gets out from this one. Lets give same vehicle to all of your devisions and sell one for 30k and all the way up to 70k. Nothing has changed.
Then when you ask GM CEO to give g8 to chevy he said we are against rebadging. Wow

I have a feeling that they are saying no b/c If they anounce that Chevy will indeed get the G8 GM will not be ably to move the cars that Pontiac has stuck on their lots!


My hope and guess LOL

[member12]

Originally Posted by nsap

Then of course, the all-new Acadia, Traverse, and Enclave...slated for 2012.

This chassis must be pretty profitable if they are devoting this much energy into it.

Now if they can just screw it together a little better.....

[SCCA1995]

Originally Posted by Hunid Racks

Of course Tennessee can't "afford it."

Nissan already stole all the money.

WTF does that mean? Links to the alleged theft?

Originally Posted by Gm_Tooler

Keeping existing jobs has value and merit too. But SH would have still lost 800 or so of the best paying jobs even if they had won.

Same principle.