From: Hachiroku ハチロク on
On Sun, 31 Jan 2010 12:13:30 -0500, Mike Hunter wrote:

>
> Where did you get the idea that GM losing money on every car we sell? You
> do not seem to know much about the cost of doing business. Perhaps you are
> confusing build costs with the cost to doing business. The fact is GM
> makes money on every vehicle it sells. The COST has been spending billions
> to restructure and to revamp and develop the latest in electric vehicle
> technology. That is why they are currently not showing a profit


Then this is fairly recent, because the last review I saw showed that GM
was losing money selling cars, but making it up on financials.

In fact the REASON GM had to be bailed out wsasn't because of losing money
selling cars (which they were) but because the Financial arm started
losing money as well, led by losses at Ditech.

The "we lose money on every car we sell..." was an old joke. Or was it?

All through the 90's Gm was, in fact losing money on car sales. Only the
Financial division was keeping it afloat. Well documented many, many times
in the WSJ.


From: clare on
On Sat, 30 Jan 2010 15:49:04 -0500, Hachiroku ???? <Trueno(a)e86.GTS>
wrote:

>On Sat, 30 Jan 2010 19:25:18 -0500, Tom wrote:
>
>> "Canuck57" <Canuck57(a)nospam.com> wrote in message
>> news:eH%8n.68114$PI7.41298(a)newsfe17.iad...
>>>
>>>
>>> Funny, Toyota is helping out GM Vibe customers. LMAO.
>>>Why not toyota designed them and built them for GM. no wonder gm dumped
>>>them I am LMAOl
>
>Who dumped WHO?!
>
>I think you have that backwards.
>Before I say what I'm going to say, bear in mind GM has had about 15 times
>the number of recalls as Toyota.
>
>Toyota ended the relationship with GM.
>I think it's because GM just didn't care.
>
>NOW LYAO.
>
>
Actually, nobody dumped anybody. GM cancelled Pontiac. The Vibe was a
Pontiac. With the end of Pontiac there was no longer a Pontiac Vibe to
be built. The car was not sold under any other GM brand.
From: hls on

<clare(a)snyder.on.ca> wrote in message
>>
> Actually, nobody dumped anybody. GM cancelled Pontiac. The Vibe was a
> Pontiac. With the end of Pontiac there was no longer a Pontiac Vibe to
> be built. The car was not sold under any other GM brand.

That is almost right. It was made by the NUMMI facility, which GM dumped
and Toyota decided not to continue. The Vibe was a sister of the Toyota
Voltz that was a Japanese failure.
From: Hachiroku ハチロク on
On Sun, 31 Jan 2010 14:27:59 -0500, clare wrote:

> On Sat, 30 Jan 2010 15:49:04 -0500, Hachiroku ???? <Trueno(a)e86.GTS>
> wrote:
>
>>On Sat, 30 Jan 2010 19:25:18 -0500, Tom wrote:
>>
>>> "Canuck57" <Canuck57(a)nospam.com> wrote in message
>>> news:eH%8n.68114$PI7.41298(a)newsfe17.iad...
>>>>
>>>>
>>>> Funny, Toyota is helping out GM Vibe customers. LMAO.
>>>>Why not toyota designed them and built them for GM. no wonder gm dumped
>>>>them I am LMAOl
>>
>>Who dumped WHO?!
>>
>>I think you have that backwards.
>>Before I say what I'm going to say, bear in mind GM has had about 15 times
>>the number of recalls as Toyota.
>>
>>Toyota ended the relationship with GM.
>>I think it's because GM just didn't care.
>>
>>NOW LYAO.
>>
>>
> Actually, nobody dumped anybody. GM cancelled Pontiac. The Vibe was a
> Pontiac. With the end of Pontiac there was no longer a Pontiac Vibe to
> be built. The car was not sold under any other GM brand.


Toyota pulled out of NUMMI after GM suggested something, I can't recall
now, but it was something similar to Democrats trying the same thing over
and over and expecting a different result, and Toyota said, "ENOUGH!!!"


From: Canuck57 on
On 31/01/2010 9:48 AM, Hachiroku ハチロク wrote:
> On Sat, 30 Jan 2010 23:30:15 +0000, Michael Golden wrote:
>
>> Canuck57 wrote:
>>
>>> Maybe Obama should give GM to Toyota for $1 to get them out of the
>>> taxpayers wallet.
>>
>> Actually, that sounds like a good idea.
>
>
> But then, he'd want to get every dime that was invested i GM back, and
> would probably place a fee on all car dealers to get it back.

Nope, just GM and Chrysler ones. Squeeze the bastards so tight until it
is paid off or they quit.