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  #1  
Old 11-21-2005, 08:21 AM
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Default And it gets worse for GM.

GM announced this morning they will be closing the OKC, OK plant sometime early '06. The Trailblazer and Envoy is built here. 2400 people will be on the streets in early '06. Another strike against the general if you ask me.

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Old 11-21-2005, 09:05 AM
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GM is laying off 30,000 people and closing nine plants. They need to build something that people will buy. They better hit the Camaro design out of the park or turn the lights out. Nothing they build excites me beyond the Z06 and I dont think i will be buying one anytime soon.
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Old 11-21-2005, 10:16 AM
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Guys, you really need to look at the bigger picture, GM HAS to downsize, foreign competition is at an all time high, and the market share is smaller. You should look at this as a step in the right direction for a return to profitability. Many of those plants closing are products being phased out anyway, or being replaced with another built elsewhere. GM could build the best car in the world, and it will still not sway many people to a domestic product they are set that foreign is better, period. The Camaro is NOT the answer, just ask Ford, they sell a ton of them, and they are in the crapper as well right now....While I do feel for the displaced workers, this IS the right thing to do.....

I do get the impression that no matter what GM does it is perceived as "wrong".....We are losing tons of money each quarter, and people say "GM is in trouble", so GM takes major step to return to profitablility, and people say "GM is in deeper trouble"....No win situation.

For the record, The Impala, G6 (depite what you read), the Solstice, DTS, Cobalt among others are selling very well. The overhead and excess capacity are the problems...which they are trying to correct.
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Old 11-21-2005, 10:23 AM
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Yep. What he said.

No matter what we do, the media (and people in general) will always take it with a grain of salt. This is essentially why GM could have NEVER built cars like the Honda Element or Scion XB. If they had been badged as Pontiac's or Buicks, the press would have eaten them alive. But because they're Japanese cars...well now...they're the greatest thing since sliced bread!

I gotta admit. I'm getting a little nervous about "the unveiling" in January. With so many cynics nowadays, I wonder if it'll even be worth it.
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Last edited by trapin; 11-21-2005 at 10:27 AM.
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Old 11-21-2005, 10:30 AM
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Here's a Forbes article that brings up a few points.
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Old 11-21-2005, 11:16 AM
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I only buy GM cars and trucks,but that's just me and my family.

Jeff I have to agree with you some people think import's are just better.They won't even go look at domestic cars.
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