Detroit Needs a Bailout

11 Nov

Let’s recall why our automotive industry found itself hemorrhaging cash and with massive losses. This didn’t just happen overnight when the credit crunch hit. This was many years, and a lot of half-assed design and materials decisions, in the making.

11 Responses to “Detroit Needs a Bailout”

  1. NoHo November 11, 2008 at 7:08 am #

    I’ve always wondered why nobody has died from carbon monoxide poisoning after attaching that queer tent thingie onto the back of the Aztek. Think about it.

  2. AL Beck November 11, 2008 at 7:53 am #

    Where are the electrics? What did GM do with the ownership of the high tech batteries needed for the electric cars? Why does it seem like the car companies (US) are owned by the oil companies? ALL the vehicals they are making are JUNK from the drawing board forward. I say let them go under there is nothing worth saving in those companies.

  3. JB November 11, 2008 at 8:54 am #

    Didn’t we already throw a bunch of low-interest money at them? Sure didn’t take them long to decide they wanted some more.

    Automakers get $25 billion federal loan program

  4. Mike Walsh November 11, 2008 at 1:49 pm #

    Mileage, obviously, is a big factor lately but the quality is the biggest reason for declining sales. Too many shortcuts and unreliable imported parts have put these vehicles back in the junk class, just like the seventies all over again.

    What’s left unsaid in all the analysis is the rage the little guy has after being boned at the dealers for repair problems that were unheard of in the past. When a customer has to blow a week’s(or a month’s) salary to have some plastic box with a cheap circuit board from Slovenia replaced, do you really think they’re coming back for their next vehicle?

  5. Truthiness November 11, 2008 at 2:03 pm #

    Hate to break it to you. GM is selling off Hummer and all of those models that you posted on here are either gone or about to be redesigned. Oh, and the Chevy Silverado, which no longer looks like the one you posted, has better overall fuel economy then the even newer Toyota Tundra…and offers the only Hybrid pickup(besides its twin the GMC Sierra) on the market.

    Ford just redesigned the F-150, is about to unveil a brand new Mustang, is about a year away from a new European-engineered Focus and is about to discontinue the current Explorer in favor of a car based SUV.

    Chevrolet is replacing the Cobalt with the Chevy Cruze which will have the best fuel economy, interior design out of any compact car in it’s class.

    So.. although many people like to think that the US automakers aren’t doing anything try to save themselves and don’t deserve government assistance (Something that the Japanese and European automakers have been doing for decades) You’re very wrong.

  6. Truthiness November 11, 2008 at 2:05 pm #

    Oh and GM will be the first automaker to have a high volume electric vehicle on the market with the Volt. Toyota and Honda aren’t even close.

  7. mike November 11, 2008 at 2:09 pm #

    Its like its 1973 all over again for the auto industry remember that one hank? And its like its 1929 for the stock market(great pbs show last night)

  8. Chris from OP November 11, 2008 at 2:15 pm #

    80% of my Honda was made in the USA or Canada, so a bailout of US automakers is definitely not about the guy on the line.

  9. Mike Walsh November 11, 2008 at 2:28 pm #

    it’s about QUALITY…..Period….That’s why Toyota and Honda gained market share in the eighties and that’s why they and others are doing it again….

    Let me make this clear, I’ve never owned a foreign car but I’m fed up with the American ones I’ve had recently. GM, Ford and Chrysler did it to themselves. I don’t make that statement lightly.

  10. Jeff November 12, 2008 at 1:11 am #

    The Aztek is the ugliest piece of shit I have ever seen on the road.
    I would rather drive a giant fiberglass turd.

    Not only have these car makers continued to make fuel inefficiency an art, they also deserve credit for making the roads that much less safe if God forbid you have the nerve to drive a smaller, more fuel efficient auto.

  11. vladimir November 13, 2008 at 1:06 am #

    NOHO what exactly do you mean by “gay tent thingie”? can you make your point without the surperfluous discriminatory bashing?

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