If GM wants to to start returning to profitablility - there's only one thing they need to do:

[Ryan]

Bring me this car :heart:

I should have Bob Lutz' job, I'm a freakin' genius.

 

[Savij]

 

[MisterCornell]

Volkswagen sells cars like that in the U.S., and their U.S. division isn't profitable either.

Nice try though, Mr. Arm Chair CEO

 

[AMDZen]

No doubt. There are a lot of European cars that I wish were sold here. Its too bad these European manufacturers don't realize the huge market there is over here if they took a chance.

 

[cjgallen]

That's hot!

 

[Bootprint]

And when you finished driving the car you can turn it into a greenhouse.

I wonder how you block out the sun.

 

[Ryan]

Seriously - slap a saturn badge on it, you're done.

 

[MikeMike]

Originally posted by: rbloedow
Seriously - slap a saturn badge on it, you're done.

yea, but then its a SATURN.

OMG AIEEEEEEEEEEEEEEEEEEENOOOOOOOO

a saturn. it must suck

MIKE

 

[vi edit]

If GM want's to return to profitability, they need to start making more than a couple hundred bucks on a car and start making a couple thousand a car like Toyota manages to do and still manage to keep it desireable and reliable.

 

[Ryan]

Originally posted by: vi_edit
If GM want's to return to profitability, they need to start making more than a couple hundred bucks on a car and start making a couple thousand a car like Toyota manages to do and still manage to keep it desireable and reliable.

yeah - that too

 

[nakedfrog]

What? Why would you want that?
Then again, you drive an xB right now, don't you? I guess that explains it

 

[Ryan]

Originally posted by: nakedfrog
What? Why would you want that?
Then again, you drive an xB right now, don't you? I guess that explains it

:brokenheart:

 

[jadinolf]

Originally posted by: MisterCornell
Volkswagen sells cars like that in the U.S., and their U.S. division isn't profitable either.

Nice try though, Mr. Arm Chair CEO

:laugh:

 

[nakedfrog]

Originally posted by: rbloedow

Originally posted by: nakedfrog
What? Why would you want that?
Then again, you drive an xB right now, don't you? I guess that explains it

:brokenheart:

I just can't abide the xB... it's just TOO boxy, and I hate the whole concept of putting the gauges in the center of the dash. And I don't have anything against hatchbacks, for example, this one looks better. I guess it's all about proportions and lines.

 

[Vic]

Opels are good cars. FYI, GM sold Opels in the US market through the 60s until 1975. Models were the Kadet (econobox), Manta (sporty coupe), and GT (literally looked like a miniature Corvette). All were powered by the same unique 1.9L cam-in-head inline 4cyl. making 110 hp (a respectable hp # for an economy 4cyl in those days). Front-engine RWD too. Unfortuately, sales were low and the cars had a rather poor reliability reputation.

GM still sells Opels in the US today, but rebranded under the Saab name. Opel Vectra = Saab 93

 

[notfred]

It looks like that glider's about to hit it.

 

[Fritzo]

Originally posted by: rbloedow
Bring me this car :heart:

I should have Bob Lutz' job, I'm a freakin' genius.

Didn't they already make that car and call it a Mazda 3?

 

[Vic]

Originally posted by: Fritzo

Originally posted by: rbloedow
Bring me this car :heart:

I should have Bob Lutz' job, I'm a freakin' genius.

Didn't they already make that car and call it a Mazda 3?

Mazda = Ford

Opel = GM

 

[Ryan]

Originally posted by: Fritzo

Originally posted by: rbloedow
Bring me this car :heart:

I should have Bob Lutz' job, I'm a freakin' genius.

Didn't they already make that car and call it a Mazda 3?

They make one with two doors, and a panorama roof :shocked:

 

[andylawcc]

damn, that looks much better than the Mazda3 HB...

also bring in the Vauxhall VX220 and the Opel Speedsters!!!!

 

[z0mb13]

the problem that GM has is actually with their workforce (unions, pension liabilities, etc)

if they dont have these problems, GM is actually a quite profitable company

 

[CTrain]

I hate to break the bubble but GM had a Net Income of $2.8 billions(give or take) last year.
From what I was taught in Accounting, + in Net Income = Profit.

 

[z0mb13]

Originally posted by: CTrain
I hate to break the bubble but GM had a Net Income of $2.8 billions(give or take) last year.
From what I was taught in Accounting, + in Net Income = Profit.

take further look where that net income came from.

there are two parts of GM: GM motors and GMAC

GM motors actually sells cars, GMAC is a financial company

GMAC is the one that is extremely profitable

corporate finance guys jokingly say GM is a finance company, not a car company

 

[CraigRT]

nice looking car... i'd go look at those for sure

 

[CTrain]

Originally posted by: z0mb13

Originally posted by: CTrain
I hate to break the bubble but GM had a Net Income of $2.8 billions(give or take) last year.
From what I was taught in Accounting, + in Net Income = Profit.

take further look where that net income came from.

there are two parts of GM: GM motors and GMAC

GM motors actually sells cars, GMAC is a financial company

GMAC is the one that is extremely profitable

corporate finance guys jokingly say GM is a finance company, not a car company

OK, they still had a Net Income of 1.2 billion for Automotive.
My accounting memory still tell me that +1.2 billion = Profit.
Just remember the title is If GM wants to to start returning to profitablility