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Author General Motors in trouble
Teddy
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Registered: 19th Jul 04
Location: Northampton Drives: VW Bora 1.9TDi pd130
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12th Oct 05 at 12:43   View User's Profile U2U Member Reply With Quote

http://today.reuters.com/business/newsarticle.aspx?type=tnBusinessNews&storyID=nL12325752&imageid=&cap=

Dan. T
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Registered: 6th Jan 05
Location: Northampton Drives: Astra Coupe SE2
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12th Oct 05 at 12:45   View User's Profile U2U Member Reply With Quote

Hopefully they will stop making every model in the range look like an astra mk5
Teddy
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Registered: 19th Jul 04
Location: Northampton Drives: VW Bora 1.9TDi pd130
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12th Oct 05 at 12:50   View User's Profile U2U Member Reply With Quote

Not really Vauxhall have been performing well in the UK market for a consisant amount of years now.
Opel has been dragging its heals for a number of years.
If this is as bad as it could be (if you forget all the jargon) this could have repocussions thought the whole industry.
This really isnt clever from what I can make out.

Suppose we shall have to wait and see.

If the unthinkable should happen (even though GM are very profitable generally speaking) the funding Vauxhall get for their projects could disapear............
broster
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Registered: 6th Dec 02
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12th Oct 05 at 12:51   View Garage View User's Profile U2U Member Reply With Quote

a 30% chance of going bust is nothing, also with them being such a good company whats to say the japs wont buy it....
Edd
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Registered: 8th Nov 04
Location: Glasgow
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12th Oct 05 at 12:52   View User's Profile U2U Member Reply With Quote

GM have been in trouble for ages through one thing or another
Cybermonkey
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Registered: 22nd Sep 02
Location: Sydney, Australia
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12th Oct 05 at 12:54   View User's Profile U2U Member Reply With Quote

old news really, GM have been in trouble for a while, hence them dropping Zeta and forcing Holden Australia to foot the whole god damn bill. well this is a good thing for australia though, since Zeta will be exported to europe for 2006/2007 Saab/Opel/Vauxhall sedan models
bradfincham
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Registered: 20th Sep 02
Location: East Of England Drives: Clio 172
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12th Oct 05 at 13:13   View User's Profile U2U Member Reply With Quote

haha i have about 20 mates that work for delphi, there diesel injection factory is in my local town
Cybermonkey
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Registered: 22nd Sep 02
Location: Sydney, Australia
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12th Oct 05 at 13:16   View User's Profile U2U Member Reply With Quote

GM need a major re-shuffle within the USA, focus needs to be taken from big SUV's and money put into smaller more fuel efficient cars, just like europe. Australia is dragging its heels in this respect, Toyota was the number 1 seller last month ahead of Holden and Ford thanks to the Corolla and Echo.
Teddy
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Registered: 19th Jul 04
Location: Northampton Drives: VW Bora 1.9TDi pd130
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12th Oct 05 at 14:04   View User's Profile U2U Member Reply With Quote

http://www.guardian.co.uk/business/story/0,,1589111,00.html
ed
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Registered: 10th Sep 03
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12th Oct 05 at 15:24   View User's Profile U2U Member Reply With Quote

Even the biggest compay in the world can go bust
Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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12th Oct 05 at 15:27   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by ed
Even the biggest compay in the world can go bust


It's true if you have the power to earn so much money you also have the worry of losing so much money

 
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