I understand and appreciate it.
I dont get into Wiki too much as people have told me that the general public can add or change the info on there. Doesnt seem to reliable to me.

The stories spread around shops and at car shows may not be too reliable either.

Also, what was GEO? A joint venture between GM and Toyota?
Maybe there isnt ownership between the 2 companies but they do have vested interests in eachother.
Just like Ford and Mazda, Dodge and Mitsubishi. They tend to share designs and parts.

Whatever the truth is, I am not too worried about GM.

 

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GM and Suzuki

Ford owns 33% of Mazda
I believe Chysler sold off their stake in Mits, but they still do joint development stuff like the new "World Engine" development with Mits and Hyundia

 

GEO was a joint venture between GM and Suzuki. The GEO name was later dropped and they were badged (and still are) as Chevys.

I'm not worried that GM is going away. Not soon anyway. Remember the late 70's? Remember 300 people standing in line for a single job opening? Where I live most of the major manufacturing companies went under. The "big three" were losing thier shirts and closing plants. Chrysler had to be bailed out by the government, then later AMC went under and was bought by Chrysler. GM will survive. If they are smart, and I think they really do finally "get it", they will be a very different company. Less offerings, but much better ones at that. Even now, new models like the CTS, Malibu, G8, and Acadia are knocking people's socks off and showing that they really can build great cars. They are slowly changing the public's perception of GM. And I'd rather see them be the #2 automaker, try harder, and build great cars, than have people thinking they build junk.

Incidently, one can quote all the sales figures they want about Toyota. They have enough troubles of thier own though. While I am by no means an advocate of Consumer Reports, because so many people put faith in thier ratings, it significant that Toyota is no longer automatically on their "recommended" list. That can't be good for sales. The Tundra has lots of issues, and although Toyota is making good on it, the Tundra is not on the CR recommended list. The Chevy Silverado is however. Recently, CR also dropped the Camry from their recommended list. The HHR remains a recomended buy.

 

winkipedia... i use it regulary... open to input... they do suggest when information might not be complete (when i looked up DNS)

winkipedia might be considered better than open forums... don t know the qualification of the individuals.. many have serious opinions...
so i think i ll stick with. world wide oversite vice a couple of hundred inputs

not sure that there are to many errors (intentional or otherwise) that would eventually be corrected... i you found and error... did you correct it?

go to a book store... find a topic... take the ten books (by different authors)... going to find any differances? so what s the differance with winkipedia?

 

Not w/ just Toyota or Suzuki. Geo models were manufactured by GM in joint-ventures with Japanese import manufacturers.

Venture w/ Suzuki included the Metro......aka Suzuki Cultus and the Tracker.....aka Suzuki Sidekick.

Venture w/ Toyota resulted in the Prism.....aka Toyota Corolla.

Venture w/ Isuzu gave us the Spectrum.....aka Isuzu I-Mark and the Storm aka.....Isuzu Impulse.

That should about cover everything produced under the GM brand of Geo.

 

Jim Cramer (Booyah!) of CNBC's Mad Money called General Motors a gigantic HMO that happens to sell vehicles as a sideline. Of course, his interest in GM is strictly confined to GM's value as an investment. The UAW is, and continues to be, the thorn in the side of US automakers. They simply cannot compete on a cost basis with the Asian brands, for reasons that are quite tiring to reiterate.

Change is upsetting and sometimes painful. We will all get over it.

 

Nah. It isn't necessary with the new retirement and health care packages being managed by the UAW now. Jim Cramer would have been right two years ago about GM being an HMO that happens to build cars, but that responsibility has more or less shifted to the UAW and the costs have already been written off. GM is essentially starting fresh without the bad rap associated with bankruptcy.

I've worked for a company going through Chapter 11. It isn't pretty at all. There is absolutely NO WAY an auto company could survive a filing and make it back as the world's largest automaker. GM isn't even close to that position--they have WAAAY too much cash and assets to justify a filing at this point. Not to mention the key contracts have already been re-negotiated to serve their needs for the future. People rag on Wagoner, but he's probably done more in the last five years to save the company than anyone else did over 50 years to get it to the position it was in five years ago.

The stock prices will rebound. Now is as good a time as any to buy, IMHO. All it's going to do is start going up for the next decade.

 

Well, I've had to put in a few 72 hour weeks this year to keep the general happy.

 

IMHO If you can go long in the market, GM stock purchases over the next 18 months ought to be a pretty good buy. I'd stick Ford in there too.
Wow, I didn't realize the GEO was anything more than the Suzuki deal

 

USA Today, July 2, 2008

NEW YORK — Stocks gave up a brief rally and resumed their sell-off Wednesday after oil hit a new record and a bearish analyst report renewed concerns that General Motors could run out of cash.

Fears that GM could go so far as to declare bankruptcy only added to investors' unease. The stock closed below the $10 mark for the first time since September 1954 when Dwight Eisenhower was president. Investors shrugged off better-than-expected sales figures from June and fretted about the company's cash needs.

Complete story at: http://www.usatoday.com/money/market...ednesday_N.htm