GM looks to be dead in the water.

[Mr Revhead]

actually sergei, whats caused there downfall this rapidly is the collapse of the american finance system. for a period of time banks totally stopped lending for cars.
no one was financing cars, therefore ppl couldnt buy cars. thats what screwed them so fast.

the recent petrol prices caused sales of the big cars to drop, which hurt but wasnt going to kill them. however when you cant sell ANYTHING your in the poo!

[cogent]

OT - cogent i love your sig

Here's a template for anyone else who wants to rep hachi-ni pride.

[xsspeed]

OT - cogent i love your sig

Here's a template for anyone else who wants to rep hachi-ni pride.

I'm all over hachi-ni like an ichi-ni rash

[Lith]

I am more of a san-san type of guy

[Lloyd]

Laptimes list cut off just when it started getting good.

Following those were the 08 GT2, CCX, CCR, GT2, RUF RT12 and then a 911 turbo


And lol at the Porsche still having the record from 1983 for laptimes. And lol at it being near on a minute and a half faster than a GTR etc

[Jdawg]

actually sergei, whats caused there downfall this rapidly is the collapse of the american finance system. for a period of time banks totally stopped lending for cars.
no one was financing cars, therefore ppl couldnt buy cars. thats what screwed them so fast.

the recent petrol prices caused sales of the big cars to drop, which hurt but wasnt going to kill them. however when you cant sell ANYTHING your in the poo!

Actually, GMAC, their financing BU was the only part of the company making profit.
the big 3 have not made profits for years, partly on the cars they make, partly on the massive wage bill.
Employees at the big 3 get around twice what the guy at the Toyota/Nissan/Honda factory get and the pensions are massive.
The Japanese product is well built , good performance and now totally accepted in USA.
As Sergei said, time for the dinosaurs to be killed off.
The scare tactic of massive hole in car market and lost jobs is BS, I'm sure the rest of the car market will fill the void.

[1e-pwr]

R.I.P. chevy

[barryogen]

R.I.P. chevy

Who?

Never heard of them

[scotty_ish]

just as chev were building some interesting cars... (camaro, challenger)

[Mr Revhead]

Actually, GMAC, their financing BU was the only part of the company making profit.

you mean the bit they sold off?

[xsspeed]

just as chev were building some interesting cars... (camaro, challenger)

Is a Dodge/Chrysler so unless they were building a hybrid for the challenger I dont think so lol

But you are right, new camaro, new corvette

Problem is it all revolves around gas guzzling v8s (or so it seems)

Yeah it was their specialty (where Japs and euros tend to take the smaller cc market) but they should have been diversifying their market

[Lloyd]

New Camaro offers a 3.6L V6 too

[offensive]

Its because of their chubby fat american fingers! Its all in this thread, as posted before theyre getting fat, so fatty fingers. An itll be a big mission to work with all those small parts of a jap/euro engine. So therefore they make bigger engines to fit their fingers in. There u go, a link between macdonalds and world recession and as a bonus ozone depletion.

you know its true

[2jayzgte]

I say no bailout let them sink they got themselves into this mess so they should have to get themselves out I'd start at the top and middle management no more private jets and other such extravagant things.The last thing I'd like to see is Jo Public Taxpayer bailing these people out.

Yes they do employ alot of people I just don't think its right that for a so called motoring giant puts themselves in this situation the normal hard-working guy has to bail them out no I say let them sink.

[2jayzgte]

They had it coming. They ignored the real issues, and continued with american way (where the size does matter in wrong way - bigger must be better right?).

Not to mention all their V8's use inefficient pushrods...

To be honest they (the american car industry) have pulled off some pretty amazing feats recently, I think its more a case of 'too late to the game' rather than 'hurr they never adapted or evolved'


http://en.wikipedia.org/wiki/Nordschlei ... _lap_times

F**K Me go figure that 2 American cars at the top of the production car lap record at the Nurburgring.......

[barryogen]

I say no bailout let them sink they got themselves into this mess so they should have to get themselves out

Although I pretty much agree with you on this, economically, for their country, they cannot afford to lose the company because of the jobs it generates.

From what I have read, the yanky govt are still looking at giving them the $30b they say "they need at a minimum", and may still close much of what they do.

Much of country type economics is about softening the blow of sudden shock.
You don't want to suddenly have ~250,000 people unemployed overnight, it is better to have them slowly go out of business so that the rest of the economy can absorb it somewhat(think evolution over millions of years instead of a nuclear bomb mutation, and adjust time scales).

Personally I'd like to see one of the "big three" go, and then to see them help the remaining two... it should leave the remaining two in a much better position to fight it out if there is less competition.

F**K Me go figure that 2 American cars at the top of the production car lap record at the Nurburgring.......

It is quite impressive.

[xsspeed]

F**K Me go figure that 2 American cars at the top of the production car lap record at the Nurburgring.......

Sure is impressive, can only hope we see more from them IMO.

Nissan pissed off porsche, now the yanks are getting stuck in, epic three ways at the ring, jap, usa, euro

[Mr Revhead]

yeah if GM go "thats we're shut everyone go home and dont come back"
that would NOT be good!

[Stott69]

Just checked back on the what companies were parented by GM.....Nissan is, or at lest was owned by GM. Key the old Holden's using L series engines at one stage and the ability to put a RB engine in a commie easy enough. If I'm wrong please do correct

[Lith]

If I'm wrong please do correct

They never owned even a share of Nissan. The only bit they ever had was the RB20E and RB30E and they couldn't even afford to keep using the Nissan engines, hence going to the horrid Buick engines haha.