GM on it's knees in front of Congress

Discussion in 'Stocks' started by TGregg, Nov 21, 2008.

  1. Because Detroit is a shithole. You couldn't pay me to live there.

    I also believe that non-union employees of companies like Honda have a better opportunity to move up the ranks in the company.

    With GM, management and skilled labor are two completely different worlds. Most of the managers have never worked on the assembly line and can't relate to union worker at all.


    Um, no. It's a well known fact that just the opposite is true. Japanese cars have more American made parts than American cars.

    However, at least with GM, the profits stay mostly in the US. Why do we want to make Japs wealthy?</b>
     
    #11     Nov 22, 2008
  2. One time, Consumer Reports compared 6 of the mainline, popular midsize cars. All 3 of the "foreign" cars (Maxima, etc.) were made in America. 2 of the 3 "American" cars were made in Canada or Mexico. Many parts are also made in Brazil.

    So, what does "American" car mean again?
     
    #12     Nov 22, 2008