Treasury sells more GM stock

   / Treasury sells more GM stock #11  
Ford quality is absolutely not any better than GM quality.

It's all in what you want to see.
 
   / Treasury sells more GM stock #12  
Ford quality is absolutely not any better than GM quality.

It's all in what you want to see.

Sure about that? Lol. I have owned a dozen Fords and the only two failures were a power window motor and a dash cluster.

My 4 GMs have had engine failure, transfer case, and about 30 other nickel and dime item's like wheel bearings, u joints, sensors, radio, horn, power seats, etc, etc, ect....

My fathers 89 Corvette has been nothing but one issue after another.

All this while me, my sister and BIL, and parents have had about 25 other vehicles from Ford, Honda, Nissan, Toyota, BMW, Infinity, Acura, ect with great service.

My mind is made up and so is yours. The Government Bailout and involvement in free enterprise sealed the deal for us.

Chris
 
   / Treasury sells more GM stock #13  
What a joke. You will never see me or my family behind the wheel of a GM again.


Chris

Me either...I lost over $5000 in that deal which is a lot for me even though it was inherited. GM used to say in it's arrogance...".What's good for GM, is good for the country". I don't believe that mentality. It's like the dishonest banking that has the same attitude........."We're too big to fail". :2cents:
 
   / Treasury sells more GM stock #14  
Sure about that? Lol. I have owned a dozen Fords and the only two failures were a power window motor and a dash cluster.

My 4 GMs have had engine failure, transfer case, and about 30 other nickel and dime item's like wheel bearings, u joints, sensors, radio, horn, power seats, etc, etc, ect....

My fathers 89 Corvette has been nothing but one issue after another.

All this while me, my sister and BIL, and parents have had about 25 other vehicles from Ford, Honda, Nissan, Toyota, BMW, Infinity, Acura, ect with great service.

My mind is made up and so is yours. The Government Bailout and involvement in free enterprise sealed the deal for us.

Chris

Yes I'm sure about that.

Guess what, for a every perfect quality Ford you've owned my family and friends have had absolute junk Fords. I just choose to leave it out of public forums.

Our 'luck' with GM has been exceptional. My dad's '95 Sonoma has gone 318k without even a fuel pump, ball joint or tie rod and the 4.3 intake hasn't been removed. Every other GM car or truck we've owned has been great. Only owned 2 Dodges and they were bought with high mileage.

My point is, that despite what people may see with their own skewed 2 eyes that GM and Ford are very close in overall, industry wide quality. Most surveys actually place GM ahead of Ford.

I don't give a crap about the bailout. Ford had Alan Mulally at the helm at the time and chose to get HUGE!!!!! loans from the banks to save themselves before the banks quit loaning. They were in just as bad of shape. I'm not buying a new GM, Ford or Chrysler any time soon anyways.

It is literally laughable to walk thru the service dept at our Ford dealer. The amount of transmissions and engines out is insane. They DESTROY the other stores in service gross profit due to the fact that a MUCH higher percentage of the labor is billed at customer pay or warranty labor rate. Both of these are much more profitable than menu items like brakes, tires and fluid services that are at a lower rate. The way old buddies of mine tell me about how little has changed since I left their in '04. Guess what, our Chevy store works on stuff too, so do our CJD and Ram stores. Even the Honda and Hyundai service depts fix stuff.
 
   / Treasury sells more GM stock #15  
Me either...I lost over $5000 in that deal which is a lot for me even though it was inherited.

To be fair, that was the Gov't's fault there. Not GM. The way that the current administration payed the lobbyist unions instead of the old stockholders was a load of crap.
 
   / Treasury sells more GM stock #16  
Yes I'm sure about that.

Guess what, for a every perfect quality Ford you've owned my family and friends have had absolute junk Fords. I just choose to leave it out of public forums.

Our 'luck' with GM has been exceptional. My dad's '95 Sonoma has gone 318k without even a fuel pump, ball joint or tie rod and the 4.3 intake hasn't been removed. Every other GM car or truck we've owned has been great. Only owned 2 Dodges and they were bought with high mileage.

My point is, that despite what people may see with their own skewed 2 eyes that GM and Ford are very close in overall, industry wide quality. Most surveys actually place GM ahead of Ford.

I don't give a crap about the bailout. Ford had Alan Mulally at the helm at the time and chose to get HUGE!!!!! loans from the banks to save themselves before the banks quit loaning. They were in just as bad of shape. I'm not buying a new GM, Ford or Chrysler any time soon anyways.

It is literally laughable to walk thru the service dept at our Ford dealer. The amount of transmissions and engines out is insane. They DESTROY the other stores in service gross profit due to the fact that a MUCH higher percentage of the labor is billed at customer pay or warranty labor rate. Both of these are much more profitable than menu items like brakes, tires and fluid services that are at a lower rate. The way old buddies of mine tell me about how little has changed since I left their in '04. Guess what, our Chevy store works on stuff too, so do our CJD and Ram stores. Even the Honda and Hyundai service depts fix stuff.

You dont give a crap about the bailout? You like seeing government stepping in to private enterprise and handing out your and my money?

Its people who think like this that allows GM to stay in business. It boggles me. Lucky for me I will never have to turn another wrench on a GM. My neighbor dumped his Duramax last weekend for a Toyota. Actually cleaned house and sold his Passat also and bought 3 new vehicle's, a Nissan and 2 Toyotas.

You are right Ford got lucky but they also realized there was a problem and fixed it without the Government stepping in. I commend them for that. They did it the right way and on their own plain and simple.
 
   / Treasury sells more GM stock #17  
You dont give a crap about the bailout? You like seeing government stepping in to private enterprise and handing out your and my money?

Its people who think like this that allows GM to stay in business. It boggles me. Lucky for me I will never have to turn another wrench on a GM. My neighbor dumped his Duramax last weekend for a Toyota. Actually cleaned house and sold his Passat also and bought 3 new vehicle's, a Nissan and 2 Toyotas.


You are right Ford got lucky but they also realized there was a problem and fixed it without the Government stepping in. I commend them for that. They did it the right way and on their own plain and simple.

Did the Gov't bail out the banks that loaned Ford billions?

I guess I worded it wrong, but I do care about the bailout. Just not in the way that some people do. It doesn't change my opinion of a company.
All of the big 3 were horribly run. All faced the same fate. All required huge loans. All got huge loans. And I'd be willing to bet that the taxpayers are paying to bail out the big banks that loaned to Ford.

It was a sh***y mess and they were all guilty of bloat and mismanagement.
 
   / Treasury sells more GM stock #18  
I think it is amazing that both GM and Chrysler got bailed out by the government, allowed to start over and still can't make as much money as Ford. That says a lot.

MoKelly
 
   / Treasury sells more GM stock #19  
I own both GM and Ford trucks and grew up with Fords but I personally like the styling of the Chevy my self. But both make a fine truck and I have no problem with either manufacture. The argument is a non issue because over history many businesses that we use have been bailed out by the government to survive. Why don't you just stop eating, The farming industry couldn't survive with out the government subcidies.
 
   / Treasury sells more GM stock #20  
If you want to be angry at a government bail out be angry at the banking industry. We bailed them out to restart the economy and they are holding it hostage when they created the crash. The banking industry caused it, the government bailed them out and then they made it impossible to get a business loan for people to restart the economic machine and your pissed over GM and Chrysler who did exactly what they said they were going to do???
 

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