It let me down for the last time.......

[Dargo]

GM will survive, and do well.

Now that is funny!

I hope they survive. They will never do well. They have cost so many employees, suppliers and stockholders so many billions of dollars that there is not even a remote possibility that they will thrive. They have trashed their reputation for several generations. It took a while, but beginning in about the mid 70's GM relied on blind customer loyalty to sell their products. Now that they've robbed those loyal customers blind, they will have a very, very tough road to hoe.

My family is a perfect example of what is happening millions of times over throughout the United States. For decades, no vehicles existed except GM vehicles as far as my father and his father were concerned. Even after the rear bedsides and front fenders rotted off of my father's brand new pickup truck when it sat inside a heated and cooled garage in 1975, what did he do? He bought a new 1976 Chevy pickup because items the size of bowling balls would fall out of the holes that had rusted in the bed of the 1975 truck and he couldn't keep the windows defrosted because the cab corners rotted out so badly that it was impossible to keep moisture out of the cab. The 1976 was no better!

It took until the mid 90's for him and millions like him to stop paying for poor products. He, and everyone else in similar situations, certainly didn't all flock to Ford, they went to Toyota, Honda, Nissan and even Dodge pickups. No, GM has screwed the pooch this time and they know it. The extremely corrupt UAW certainly played it's part in ruining the U.S. auto industry, but they can't be blamed for poor engineering and poor materials; just the poor workmanship. It took a landslide to cripple a stock that was worth nearly $90 a share a decade ago and now have it struggling to stay on the penny stock listings at about .50 cents a share. It's not hard to see a complete and total failure of a company when it's stock goes from $90 a share to fifty cents in a mere ten year time frame!

I suggest buying some really nice CNC machines to make your own parts as you need them. You see, GM took their largest and most loyal part suppliers down with them. Again, generations of loyalty kept the suppliers from abandoning ship long ago. Unfortunately, the biggest and best parts suppliers are gone from GM as well. Don't fret too much though, I'm sure that China and other similar places will pick up the ball and start producing replacement parts before long. The injection mold machines from some plastic part suppliers around me were all sold to Chinese companies and many of the CNC machines that made the engine, suspension and frame components were also sold to Chinese firms. Parts should still be available, possibly even at a lot lower price.

 

[WilliamBos]

Now that is funny!

I hope they survive. They will never do well. They have cost so many employees, suppliers and stockholders so many billions of dollars that there is not even a remote possibility that they will thrive. They have trashed their reputation for several generations. It took a while, but beginning in about the mid 70's GM relied on blind customer loyalty to sell their products. Now that they've robbed those loyal customers blind, they will have a very, very tough road to hoe.

My family is a perfect example of what is happening millions of times over throughout the United States. For decades, no vehicles existed except GM vehicles as far as my father and his father were concerned. Even after the rear bedsides and front fenders rotted off of my father's brand new pickup truck when it sat inside a heated and cooled garage in 1975, what did he do? He bought a new 1976 Chevy pickup because items the size of bowling balls would fall out of the holes that had rusted in the bed of the 1975 truck and he couldn't keep the windows defrosted because the cab corners rotted out so badly that it was impossible to keep moisture out of the cab. The 1976 was no better!

It took until the mid 90's for him and millions like him to stop paying for poor products. He, and everyone else in similar situations, certainly didn't all flock to Ford, they went to Toyota, Honda, Nissan and even Dodge pickups. No, GM has screwed the pooch this time and they know it. The extremely corrupt UAW certainly played it's part in ruining the U.S. auto industry, but they can't be blamed for poor engineering and poor materials; just the poor workmanship. It took a landslide to cripple a stock that was worth nearly $90 a share a decade ago and now have it struggling to stay on the penny stock listings at about .50 cents a share. It's not hard to see a complete and total failure of a company when it's stock goes from $90 a share to fifty cents in a mere ten year time frame!

I suggest buying some really nice CNC machines to make your own parts as you need them. You see, GM took their largest and most loyal part suppliers down with them. Again, generations of loyalty kept the suppliers from abandoning ship long ago. Unfortunately, the biggest and best parts suppliers are gone from GM as well. Don't fret too much though, I'm sure that China and other similar places will pick up the ball and start producing replacement parts before long. The injection mold machines from some plastic part suppliers around me were all sold to Chinese companies and many of the CNC machines that made the engine, suspension and frame components were also sold to Chinese firms. Parts should still be available, possibly even at a lot lower price.

No, that is not a joke. They will do well. Look outside of your personal experiences, they WILL do well!!

 

[Dargo]

I for one, will continue to support GM, no matter what.

Oh, like millions of others, after being burned so badly, a very warm place will freeze over before I'll ever support GM again!

 

[Dargo]

No, that is not a joke. They will do well. Look outside of your personal experiences, they WILL do well!!

Hey, buy that stock buddy. Hock everything you have and buy, buy, buy. Really, if you do and end up a millionaire, I'll be the first to congratulate you. People become millionaires each year by playing the lottery too. Personally, I don't play the lottery so I have no chance of winning. I'm not sure which would have better odds. Either way, if you win, great for you. Really!

And, you may want to check something. It's NOT my personal experiences. Read up on the company. They blew it! I had nothing to do with it.

 

[Diamondpilot]

I have owned 4 GM vehicles. 2 good, 2 trash. I will not buy another. In my area you can not give away a GM. Anderson Indiana, which is 6 miles from my house, was a town of over 100,000 in 1999. As of 2009 its 55,000. In 99 GM employed over 30,000, now they employee 0. The city got stuck tearing down the building and cleaning up the toxic mess left behind at the burden of the tax payer. We can not get anyone to come here. Un-employment is over 18% and crime is though the roof with home invasions, bank and store robberies, and general crime. The town was going to give Honda whatever they wanted to come here and the quote in the paper went something like "we want no involvement with a union town".

Now my personal experience was with a 89 S-10 Blazer 4x4. Keep it 35,000 miles and had the 4.3L engine blow up, the transfer case lock up and shear the drive shaft and nearly take the rear diff out from under the truck, and a cracked exhaust manifold that nearly killed my cousin Rachel. Did not harm me. The only explanation is I grew some tolerance.

Next GM was a 1996 Saturn SC2. Not a single issue and sold it at 85,000 miles.

Next GM and only current one I own, and will be my last is a 2000 Saturn SC2. 127,000 miles and only need brakes, ball joints and tie rod ends, a power window, a new sun roof motor, and a new horn. This seems acceptable to me and will keep it till it dies.

Next was a 2005 3500 Dmax that I keep less than a year. Injectors, glow plugs, limp mode 2 times, overheating issues, bed repainted, pinched wiring harness causing fuses to blow, seat issues, blown steering wheel lights, broken hood hinge that lead to a cracked windshield, and a few other items I am sure I forgot. Remember this was in less than 1 year.

So will they survive? North America is ruined for them. Globally they will be ok. My co-pilot has driven noting but GM for the last 30 plus years but went out and got a new Lincoln and VW and vowed to never go back. I hear stories like this daily. I think they will make it but they need to get someone in there that will change things. It seems like they are canning the good lines like Pontiac and Saturn and still building the same old stuff that got them in trouble. Bring in a outsider who knows nothing about the car business like Ford did about 10 years ago. He will think with his head and not his heart and make the tough decisions based on the facts.

Chris

 

[careyo63]

Oh no on the 3500 Chris I've been staying out of this one My Father retierd from FORD. Alot of my friends Have been Cert.ASE. techs for years and a couple own thier own Shops now. Heard it for years since I always drove Fords.The Old one's FIx or Repair Daily. Found on Rd Dead. F"d ona real Deal heard them all just about daily. Well no BS. the Tide has Turned. After everyone they owned are Junk Rust buckets and what do they drive now FORD's YEAP!!! all 3 of them. You don't think they don't hear about it now. You betcha!!! I Keep asking them when the 1/2ton Anointed One is coming out. Aw Come On Now but They can't do much but shake thier heads and walk away on that

 

[mjncad]

Look at Fords history. They ruined a perfectly good diesel with their changes to it. Any one with a 6.0 i a Navistar chassis has had minimal problems with them, but we cannot say the same about the ones in the Ford trucks. And why is that? FORD, that is why.

I grew up a GM man; but my '83 S-10 cured me of that. I could drone on for a long time about all the problems I had with that S-10; but I won't. I now drive Honda cars and a Ford truck.

I've heard the 6.0 PowerStroke had serious issues; but once again I'll remind you that GM has cranked out plenty of dud engines the last few decades. The gas to diesel fiasco, the Vega engine, the 2.8 V-6 (I had that mutt with fleas in my S-10), the bored out 2.8 to 3.1 V-6. Any other members care to chime in with additional dud GM engine designs?

If Honda and Ford go the way of GM in quality, then I will look at other brands; but not GM. If Toyota and Nissan offered a serious 3/4-ton and up contender to Ford's Super Duty series, I probably would have bought their product over Ford's.

If GM products work well for you, that's great; but there are plenty of us out there that feels GM's slogan "Mark of Excellence" should be changed to "Mark of Excrement."

 

[JESSE1]

The Olds Quad 4 didn't work out well. The '78 Pontiac Grand Prix we had came with a 301 V8 Pontiac engine. It ran good but had a knock at idle, supposed to have been too much main bearing clearance.

 

[ultrarunner]

Read in the paper the Last Big Block engine came off the line this week... now a 150 employees are out of work with the plant shut-down.

Said GM's Big Block goes back 51 years... another end of an era.

I was in school back in the 70's and remember a teacher saying... "As General Motors goes... so goes the Nation"... gosh I sure hope not.

Teacher was referring to how America's economy is based on Manufacturing and GM being the worlds largest manufacturer.

 

[om21braz]

"Unfortunately, the biggest and best parts suppliers are gone from GM as well. Don't fret too much though, I'm sure that China and other similar places will pick up the ball and start producing replacement parts before long." - Unfortunately that also happened many years ago. There were parts from Taiwan, Honduras, etc. in their vehicles since at least the 70's.