Belorion, on 12 December 2013 - 05:02 PM, said:
It is a Canadian company...
GM is a Detroit (ie American) company, so even though we would love to push Detroit over to the other side of the lake and let you have it, I don't understand your comment...
Aidan, on 13 December 2013 - 08:39 AM, said:
Paid back with a HUGE loss to the American taxpayer.
GM should learn how to manage a car company ! This is why Detroit is a wasteland now !
You don't see Ford asking for Federal bailouts !
I wouldn't hit a dead dog in the butt with a GM product ... except for a Cadillac or a Corvette ... the rest is trash !
Ford is based out of Detroit, just like Chrysler and GM. I am a huge Ford fan, so I am pretty proud of the high risk pre-emotive loan they took out just prior to the bailouts, but you are misrepresenting Detroit, which doesn't need any help doing that. There ARE successful companies there, such as Ford, but the social issues in that city are causing most of those companies to cut their losses and go elsewhere.
Also, a Cadillac is built by the same people that build a Chevrolet - GM union members - the difference being the price point giving more leeway for better parts and refinement on the Cadillac side, but it is not as dramatic of a difference as you make it out to be. A Corvette is built using most of the same parts as a Camaro, actually, and they are all taken from the same bins as most of the other vehicles in the GM lines. On top of that, most manufacturers, short of custom built brands, share the same suppliers as the rest of the industry, which is why the collapse of the auto industry would have been so disastrous to not only domestic brands, but also foreign brands that purchase from the same suppliers and would have had to pay higher costs to offset the loss of volume. It would have been like the Dark Ages in MechWarrior...(see how I brought it back on topic? You are very welcome)