Comments on: Ford, GM Report Massive Losses

GM Loses $2.5B, Ford Loses $129M In 3Q; Both Automakers Announce Major Job Cuts, Cash Burns

[mbourn2]

Ah yes... The evil corporate rich... I know, lets tax them some more!! I am sure that will help. I am sure they would be more profitable if they were just taxed a bit more. And who cares about the auto workers anyway? I am sure the government will come up with some kind of program to take care of them when the companies they work for go bankrupt... Actually they should be happy!! If they do not have a job then they will not make enough money to pay taxes! Yes!! There is a Tax cut for the middle class right there! And the fact that they can not afford to buy food is just an added benefit... it will help address the obesity problem in this country! I am not seeing a down side to this! Labor unions might be what this country needs after all!!

[jediservant]

Big corporations continue to send jobs to Mexico and over seas and now the American people are fighting back with our wallets.

You get what you pay for corporate idiots!

[docadams3]

This is the free market at work. Competition is killing these guys because they were short-sighted. Let them die because they will always be short-sighted. It''s who they are. Americans are better off without these guys at the helm.

[assemblyofso]

Why should the taxpayer have to bail out companies that are badly managed.

If they would design cars the public wants and if their labor force would manufacture a quality product they would not be in this predicament. We buy Toyotas, Nissans, and Hondas because they are competiviely priced quality products that give value for the cost paid.

The government should not get involved in business. Let the free enterprise system work. If these companies go under, there is someone out there who can come to the front and produce a quality American product.

Does anybody bail you out when you screw up?


Management and Union Leaders are to blame.

[middleman8]

these are the same type company''s and people who cry and discredit socialism, but watch when they say they are in trouble they turn pure sociolists and want the government to save their a$$.
Its all a paper lose anyway.
Let these CEO''s and the like give back some of what they stole.

[vsg4]

"Ok, time to "let in a little light" around here.
1. Until the early 90s, American cars were considered lower in quality to the Japanese and the Europeans. In the last 10-15 years, that has changed. If you read reports such as J.D. Power%u2019s and Associates, ---

oil change was the Dodge. It had a leak in the power steering that was fixed under warranty. BTW, my Solstice BLEW THE DOORS OFF a Porsche 911 today.

Posted by stillwatersg at 12:41 PM : Nov 07, 2008"

I agree to some of your points. Add to this lobbying, their central bank keeps Japanese Yen artificially low by 10 - 15% against dollar. Better not to speak about Chinese currency. It is a mistake on big 3 autos to support current administration for long while and ask for cheap loans to new administration. They should have known better.

I would like to mentions that if it was a democratic president asking a GOP congress about what could have happened ? Just think over. It takes 2 to 4 years to come to some stable economy & more than 8 years to get some improvements in economy. Really gloomy. We have to eat what we cook.

[easeup-2009]

Any of you pubtards notice how Sean Hannitized and Rush Limpballz are NOW ACCEPTING CALLS FROM OBAMA SUPPORTERS?


Running scared...ROFL!!!

Posted by POTUS_Obama at 12:35 PM : Nov 07, 2008

Why do you people have to make fun of names like that?

Are you in the 6th grade?

[stillwatersg]

Ok, time to "let in a little light" around here.
1. Until the early 90s, American cars were considered lower in quality to the Japanese and the Europeans. In the last 10-15 years, that has changed. If you read reports such as J.D. Power%u2019s and Associates, you will find that American cars now average better build quality then 90% of the European cars and are virtually on par with the Japanese (last year Ford was reported as %u201Cequal%u201D to Toyota in quality.) Unfortunately, it apparently takes a long time to overcome %u201Creputation%u201D.
2. Foreign car companies have always had a free and open market in the United States in which to sell their wares. This is NOT TRUE in most of the rest of the world. For example, I lived in Japan for ten years where CRIPPLING tariffs were placed on all %u201Cforeign%u201D cars, forcing the Japanese to buy Japanese. How %u201Ccrippling?%u201D Try 100% of the car%u2019s retail price. BTW, the Japanese government actively lobbies our congress to keep U.S. tariffs low. Seem fair?????
3. As a final note, of the last four American cars I bought (A Dodge Ram, Ford f-150, Pontiac Sunfire, and Pontiac Solstice), the only car that had to go back to the dealership for anything other than an oil change was the Dodge. It had a leak in the power steering that was fixed under warranty. BTW, my Solstice BLEW THE DOORS OFF a Porsche 911 today.

[au_fait]

Friday. 7 November ''''08

WE DID NOT GET FORD OR ANY OTHER AUTO MANUFACTURER TO GIVE A CARE WHEN AMERICA WAS LOOSING THEIR HOMES AND LIVELY HOOD WHY SHOULD AMERICA NOW LEND A BAIL OUT FOR FORD OR ANY OTHER AUTO MANUFACTURE.

DO YOU REALIZE THEY MADE A MASSIVE PROFIT JUST OF THE SALE OF A SINGLE VEHICLE THAT DID NOT EVEN COST THE $35K STICKER SHOCK WHEN IT ONLY COST LESS THAN $5000 %u2264 TO GET THE MATERIALS USED TO PUT IT TOGETHER IF THAT

Posted by ms1-1-1 at 12:25 PM : Nov 07, 2008

Are you serious, the profit is generally made on the back end of the vehicle. Unions and the expectations that have pushed on the manufacturers have caused the profits to erode to where you have to make money on the back end of a product. Yes there quality sucks when compared to some other manufacturers, but don''t think VW is better for reliability. I as well as many friends have owned many and would not own another one. Yes the quality of hte materials is there, but *** they are not reliable.

[rickwar]

Welcome to the Obamanation!


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Posted by DaVicar1 at 12:10 PM : Nov 07, 2008

Thanks for continuing to display your ignorance, it''s an amusing part of the day for most of us. Just more of the SOS.

[rbullock440]

How much does it really take to build a car? They''ve been socking it to buyer''s for years. I''m sick of over profiting corporate scum. Too bad the american workers have to pay.

[inventagod2]

No one could see this coming?
Since the sixties, these companies designed the very worst vehicles, undeterred by Volkswagen or Toyota dominating the good car market. The committee-designed American products were inferior in every way. These corporations would not, could not learn from their competition. They should NOT be rescued. If they cannot clean their own house, they should fold. Dinosaurs!