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Thread: GM Recalls 40,859 Cars For Possible Fuel Leaks

  1. #11
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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks

    $25 billion would be roughly $80 for every man, woman, and child living in the US. I cant speak for everyone but I could use that $80 about now instead of it going to waste in something our government should not have been involved with in the first place.

  2. #12
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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks

    They are all older discontinued models.

    One day I heard Mr. Limbaugh tell people NOT to buy American cars because of the damn unions. Why all this joy I wonder? I hope they'll design a decent car and we can get all our money back instead of hoping they'll fail.

    Americans hating Americans. Sweet.

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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks

    Americans hating Americans
    tell it to the 20,000 folks at delphi

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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks

    Quote Originally Posted by AliHajiSheik View Post
    Someone didn't get picked for the corporate softball team.
    Care to try again? I played softball in the company league for four years and my team(as well as pretty much everyone else) beat the crap out of the office team each time we played them. It's just amazing how those who make the most money in a corporation, supposedly because of their heavy responsibilities, have an excuse why it is the hourly workers' fault anytime there's a screw up. It's a primary reason they aren't respected in the workplace.

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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks

    Quote Originally Posted by specklebang View Post
    They are all older discontinued models.

    One day I heard Mr. Limbaugh tell people NOT to buy American cars because of the damn unions. Why all this joy I wonder? I hope they'll design a decent car and we can get all our money back instead of hoping they'll fail.

    Americans hating Americans. Sweet.
    The interesting question is if Cons actually believe non-Cons are Americans.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

  6. #16
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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks

    Quote Originally Posted by The Prof View Post
    yes, recalls are very expensive

    did rav4 or crv or escape or tribute crossover suspend operations?

    USA Today: GM stops building slow-selling Chevy Volts for 5 weeks

    GM Suspends Chevy Volt Production After Poor Sales | PCMag

    twice?

    in 2012?

    did honda or toyota or hyundai or mazda discriminate against their non union pensioners, like delphi's

    did subaru or ford cost the taxpayer 25B?

    Treasury: U.S. to lose $25 billion on auto bailout | The Detroit News
    Ah, nice goal post change!

    Most of the recalls I posted were five or ten or more times larger than the GM recall that got your panties in a knot. Indeed, some of the Toyota recalls caused them massive losses. Far more significant than the small GM recall you're fretting over.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks

    Far more significant than the small GM recall
    tell it to usa today

    grow up

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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks

    Quote Originally Posted by The Prof View Post
    tell it to usa today

    grow up
    I'm telling it to you. It's called arithmetic. Deal with it.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks


  10. #20
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    Re: GM Recalls 40,859 Cars For Possible Fuel Leaks

    Yep, it's going to end up costing us a fair amount. Sure beats the alternative of over a million unemployed, loss of 2/3rds of our homegrown auto industry, massive shock to the economy at the depths of the Great Recession.

    As to whether it's a buy, I would say the fundamentals look pretty damned good. P/E 8.2, P/Sales .2/x, P/Cash Flow 4/x, ROE 15.36%.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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