Just saw this on Fox News-NOT Good for GM - Page 2

Kiss My SS · 07-30-2012, 08:55 AM

Quote:

Originally Posted by FenwickHockey65

But the public doesn't purchase cars directly from GM. There are federal laws in place to prevent that, in fact.

GM's job is to design, engineer, and build high quality cars, trucks, SUVs, and crossovers. It's the dealers' job to sell them.

And yes, Fox News would LOVE to see GM fail.

If there is NO GM there will be no dealers so its a catch 22 I guess but I understand what your saying...WHY would Fox wanna see GM fail?

FenwickHockey65 · 07-30-2012, 08:57 AM

Quote:

Originally Posted by Kiss My SS

If there is NO GM there will be no dealers so its a catch 22 I guess but I understand what your saying...WHY would Fox wanna see GM fail?

It fits into their political agenda. I'm not going to delve into politics though.

Kiss My SS · 07-30-2012, 08:58 AM

Quote:

Originally Posted by FenwickHockey65

It fits into their political agenda. I'm not going to delve into politics though.

I dont beleive that personally because that would hurt the country not just the current person who is prez.

ihaveacamaro · 07-30-2012, 08:59 AM

Quote:

Originally Posted by Kiss My SS

I dont beleive that personally because that would hurt the country not just the current person who is prez.

yeah but Fox doesn't care if they get to say "I told you so."

Fox is just a bunch of propaganda for people too ignorant to use common sense and research.

FenwickHockey65 · 07-30-2012, 09:05 AM

IBTL.

meissen · 07-30-2012, 09:06 AM

Quote:

Originally Posted by SlingShot

It still has nothing to do with GM, the public buys from a dealer that owns the car.

Quote:

Originally Posted by FenwickHockey65

But the public doesn't purchase cars directly from GM. There are federal laws in place to prevent that, in fact.

GM's job is to design, engineer, and build high quality cars, trucks, SUVs, and crossovers. It's the dealers' job to sell them.

And yes, Fox News would LOVE to see GM fail.

Thank you. I'm failing to see the point of the thread "Hey look what this news company says!" "Yeah I know they're wrong, but that's just what I heard"

Two seconds of thought would have yielded "Wow - Fox doesn't know what they're talking about on this segment."

Kiss My SS · 07-30-2012, 09:08 AM

Quote:

Originally Posted by meissen

Thank you. I'm failing to see the point of the thread "Hey look what this news company says!" "Yeah I know they're wrong, but that's just what I heard"

I didnt say they were wrong, you did. And the point of this thread was constructive conversation but I think with some individuals on here thats impossible, too many know it all's.

SSBlack · 07-30-2012, 09:09 AM

This thread is going down the slippery slope of politics. FOX has an agenda. They all have agendas. Tell me MSNBC doesn't. You have to think for yourself.

Part of that includes realizing that the financing side of this won't affect GM's ability to repay the loans.

FenwickHockey65 · 07-30-2012, 09:10 AM

Quote:

Originally Posted by Kiss My SS

I didnt say they were wrong, you did. And the point of this thread was constructive conversation but I think with some individuals on here thats impossible, too many know it all's.

Misinformation is constructive?

FenwickHockey65 · 07-30-2012, 09:10 AM

Quote:

Originally Posted by SSBlack

This thread is going down the slippery slope of politics. FOX has an agenda. They all have agendas. Tell me MSNBC doesn't. You have to think for yourself.

Part of that includes realizing that the financing side of this won't affect GM's ability to repay the loans.

I've stopped paying attention to any of the big media outlets.

Rcfiddy1 · 07-30-2012, 09:10 AM

I may be wrong here but isnt GM Financial GMs own loaning service? Now if this is true than all you doom and gloom fox haters need to smarten up. They just stated GM is lending people who probably cant pay off the loans. Theres no agenda there just facts and reason to why this country is in the hole we are in.

"GM Financial is a wholly-owned subsidiary of General Motors Company. Ally (formerly known as GMAC was a subsidiary of GM, prior to its disposition by GM in 2006), is a bank holding company that also provides financing products to auto dealers. GM Financial and Ally do not have a mutual majority shareholder, nor is one company owned by the other."

meissen · 07-30-2012, 09:13 AM

Quote:

Originally Posted by Rcfiddy1

I may be wrong here but isnt GM Financial GMs own loaning service?

My bad - I forgot about GM Financial. Yes I believe GM Financial is owned by GM. I always think of GMAC/Ally, which is no longer owned by GM.

CamaroSkooter · 07-30-2012, 09:13 AM

IBTL

BowtieBelle · 07-30-2012, 09:16 AM

Quote:

Originally Posted by kalimus

The sky isn't falling. Not yet. Also, 660 really isn't that bad of a score.

This. 660 is considered "good" in terms of excellent-good-fair-poor.

People need to calm down...

07-30-2012, 09:05 AM	#19
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2023 Expedition Join Date: Aug 2008 Location: Florida Posts: 37,375 View My Garage	IBTL. __________________ 2023 GMC Canyon Elevation 2023 Ford Expedition SSV (State-Issued)

07-30-2012, 09:10 AM	#25
Rcfiddy1 Sold car... Drives: 2010 Rally Yellow 2SS/RS #37115 Join Date: Oct 2009 Location: Manalapan, New Jersey Posts: 2,019 View My Garage	I may be wrong here but isnt GM Financial GMs own loaning service? Now if this is true than all you doom and gloom fox haters need to smarten up. They just stated GM is lending people who probably cant pay off the loans. Theres no agenda there just facts and reason to why this country is in the hole we are in. "GM Financial is a wholly-owned subsidiary of General Motors Company. Ally (formerly known as GMAC was a subsidiary of GM, prior to its disposition by GM in 2006), is a bank holding company that also provides financing products to auto dealers. GM Financial and Ally do not have a mutual majority shareholder, nor is one company owned by the other." __________________ Build Thread ECS Novi 1500 Supercharged, LS3 conversion, Small blower cam, Alky Meth injection, 3:45 rear, BMR Suspension parts, 1LE Sways, Billy Boat ZL1 dual mode exhaust.

07-30-2012, 09:13 AM	#27
CamaroSkooter Retarded One-Legged Owl Drives: 2010 Black Camaro 2SS Join Date: Oct 2008 Location: San Antonio, TX Posts: 9,745	IBTL __________________ My VIN = 2G1FK1EJ9A9105017 Build Date: 04-23-2009 according to: http://www.compnine.com/vid.php

07-30-2012, 09:09 AM	#22
SSBlack Account Suspended Drives: 2010 2SS/RS JFB Join Date: Mar 2012 Location: DFW Posts: 807	This thread is going down the slippery slope of politics. FOX has an agenda. They all have agendas. Tell me MSNBC doesn't. You have to think for yourself. Part of that includes realizing that the financing side of this won't affect GM's ability to repay the loans.