aron
Member
Registered: 10th May 07
Location: Ware, Hertfordshire
User status: Offline
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hardly surprising i guess...
clicky here
hope they don't go bust 
p.s. sorry if this is a re-post
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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GM has been in trouble for years & fords had the worst sales since 1983 or something. They'll stay afloat, expect big changes however.
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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Re. GM, what do you expect when they buy lots of shares in/companies such as Daewoo
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Daimo B
Member
Registered: 20th Mar 00
User status: Offline
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Daewoo is a good company fast becoming a mainstream car builder.
Likewise with Chevrolet, its expanding outside the US.
Althought I think Vauxhall and Opel are GM's main income at the moment 
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Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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They are making losses, but they won't ever go under. I don't understand why Opel/Vauxhall don't go it alone these days.
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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Daewoo and Chevrolet are the same company Daimo.
"GM Daewoo" changed Daewoo's brand name to Chevrolet as it hoped it would increase sales and shake off the crap image Daewoo had.
But people know there's nothing special about these Daewoo/Chevrolet branded cars - they were just mostly rehashed old GM models (example: Nexia > Astra mk2).
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
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we have just got a massive contract from ford
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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GM wont be allowed to go under from the US, huge home grown company with '000s of jobs. Also if GM went bust shares in the car industry would see a huge bottom out, confidence would plummet and everyone would be getting out
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BYRON
Member
Registered: 1st Jun 04
User status: Offline
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quote:
Originally posted by VXR
Daewoo is a good company fast becoming a mainstream car builder.
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Daimo B
Member
Registered: 20th Mar 00
User status: Offline
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OK so the quality of materials isn't great.
But they are still a good manufacture.
So bad they offer a 5+ year warranty? Or good reliable cheap parts that seem to work.
Yes it'll never be as fast, or as well built, or handle, or stop as well as anything european, but as a CHEAP good reliable car, they are very good cars.
GM, Daewoo, Chevvy, Vauxhall, Holden, Opel, plus a few others are all under the GM badge.
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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as said in the other thread. ford of asia and europe are keeping Ford America afloat...
the demand for our 1.4td and 1.6td engines is picking up again (making on average 1500 every 24 hours)! so just goes to show that there are still MANY MANY people buying new cars.
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