Bankrupt GM and disontinued 2010 Camaro - Page 3

LSX-80MM · 02-10-2009, 11:13 PM

All I know is the longer it takes,The Deeper my pocket get's for the down payment,around 20k now and counting,I'm looking for that 350ish car payment,Hell the way things are going I might get to that oh so comfortable 250ish,I hope everybody else is trying to do the same,while they work this out..............keep the faith guys!

*Milk 1027* · 02-10-2009, 11:16 PM

Quote:

Originally Posted by BKnBLK

All I know is the longer it takes,The Deeper my pocket get's for the down payment,around 20k now and counting,I'm looking for that 350ish car payment,Hell the way things are going I might get to that oh so comfortable 250ish,I hope everybody else is trying to do the same,while they work this out..............keep the faith guys!

That is a really nice car in your sig by the way ^^^

Tactical Z · 02-10-2009, 11:18 PM

That would Fail hard.

fastball · 02-10-2009, 11:19 PM

Chapter 11 has been a serious consideration for GM for over a year now. While it would have made business sense, Wagner and the board have been steadfast against it because of the fear of loosing even more sales due to the "stigma" the general public would have about buying a car from a "bankrupt" company. They know full and well the general American public don't understand Ch. 11, and that it is not necessarily a bad thing. Their warranties would still be honored and the company would still exist. Cars would still be built and employees would still be paid.

The caveat here if GM and Chrysler ARE forced to ch. 11 by the govt. is that if they DO start a sales slide, things could slide quickly into chapter 7 which would be very bad..... liquidation and the end of GM.

So, I would suspect GM should be building a plan for the govt that helps to solidify sales and keep them from sliding. One way to do that is to start marketing their product and not their price. All to often GM has zippy adds with rockin music touting the fantastic lease price or interest rate or dealer incentives..... when the competition is showcasing their latest 24 valve engine architecture, high quality interiors, and exquisite tail lamp design..... even Ford and Lincoln advertise the product and not the price.

The entire marketing of GMs products has got to be revamped if they want people to take them seriously.

Caliman93230 · 02-10-2009, 11:20 PM

Quote:

Originally Posted by irpq11

I considered this but dismissed because they actually have til end of March. The Feb. meeting is to make sure their on track as far as what the Gov. will want.

true, but GM would had spend a lot of money to start production in Feb, and their budget would look exhausted . So their saving all their pennies so they wouldn't look so broke when they go to congress.

*The_Blur* · 02-10-2009, 11:21 PM

These are ridiculous allegations. MSNBC is reporting that GM will make its deadlines without much trouble. It's not easy, but GM is ahead of the curve right now.

LSX-80MM · 02-10-2009, 11:21 PM

Quote:

Originally Posted by Milk 1027

That is a really nice car in your sig by the way ^^^

Thank 's

ArcAngel · 02-10-2009, 11:23 PM

MSNBC is about as reliable with info as GM dealerships

PQ · 02-10-2009, 11:25 PM

Quote:

Originally Posted by Caliman93230

true, but GM would had spend a lot of money to start production in Feb, and their budget would look exhausted . So their saving all their pennies so they wouldn't look so broke when they go to congress.

Good point. Certainly plausible.

kylepo · 02-10-2009, 11:29 PM

Quote:

Originally Posted by TheCaptain

Everybody just wants to make headlines, and the more doom and gloom, the more they sell. Pricks.

agree 10000%

Caliman93230 · 02-10-2009, 11:36 PM

Quote:

Originally Posted by ArcAngel

MSNBC is about as reliable with info as GM dealerships

StoutFiles · 02-10-2009, 11:39 PM

Quote:

Chapter 11 has been a serious consideration for GM for over a year now. While it would have made business sense, Wagner and the board have been steadfast against it because of the fear of loosing even more sales due to the "stigma" the general public would have about buying a car from a "bankrupt" company.

Exactly. It wouldn't stop Camaro production but it would hurt sales.

5th_GEN_SS · 02-10-2009, 11:42 PM

my source was the cleveland plain dealer there was a big article...

and i am scared cuz the idots running the country dont care,
they still get a pay check.
who cares if americans loose thier jobs..
they are laying off 10,000 ppl anyway.
the gov. doesnt care. i thnk we have seen that enough

and i know how much time and money they have put into the car but my consern is although it would be a great loss.. it would cost a great deal more to continue the production of the car.

i just hope everything works out for the best.
we are in a mess right now and finacial experts say its going to get worse.

5th_GEN_SS · 02-10-2009, 11:44 PM

"Everybody just wants to make headlines, and the more doom and gloom, the more they sell. Pricks."

i also agree but i thnk what they say is true to a degree.

02-10-2009, 11:13 PM	#29
LSX-80MM Ghostly Unknown Drives: Silver Ice 2010 SS/RS A6 Join Date: Oct 2008 Location: Glen St Mary,Fla. Posts: 483	All I know is the longer it takes,The Deeper my pocket get's for the down payment,around 20k now and counting,I'm looking for that 350ish car payment,Hell the way things are going I might get to that oh so comfortable 250ish,I hope everybody else is trying to do the same,while they work this out..............keep the faith guys! __________________ TS416,GMPPLSX-LS3 6 Bolt Heads,Custom 80mmComp Turbo,ID850 Injectors, Lonnies Twin Pump Setup,Level 3 4L80E,DSS,3in Magnaflow Exhaust,CoolingMist Meth,RX Dual Catch Can,InnovateWB,Aeroforce Interceptor,AEM Truboost Controller,matte black CF5 Forgestars.700rwhp/712rwtrq

02-10-2009, 11:21 PM	#34
The_Blur Moderator Drives: 2018 Harley-Davidson Street Bob Join Date: Nov 2007 Location: San Diego Posts: 14,768	These are ridiculous allegations. MSNBC is reporting that GM will make its deadlines without much trouble. It's not easy, but GM is ahead of the curve right now. __________________ RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet// Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban

02-10-2009, 11:23 PM	#36
ArcAngel Drives: 07 Black Cobalt SS/SC Join Date: Aug 2006 Location: Manalapan-NJ Posts: 2,872	MSNBC is about as reliable with info as GM dealerships __________________ Through HIM you believe in GOD, who raised HIM from the dead and Glorified him..

02-10-2009, 11:42 PM	#41
5th_GEN_SS Junkie Drives: SIM 2SS/RS M6 Join Date: Sep 2008 Location: Cleveland, Ohio Posts: 1,695 View My Garage	my source was the cleveland plain dealer there was a big article... and i am scared cuz the idots running the country dont care, they still get a pay check. who cares if americans loose thier jobs.. they are laying off 10,000 ppl anyway. the gov. doesnt care. i thnk we have seen that enough and i know how much time and money they have put into the car but my consern is although it would be a great loss.. it would cost a great deal more to continue the production of the car. i just hope everything works out for the best. we are in a mess right now and finacial experts say its going to get worse. __________________ "Letty" Murdered out 2013 Camaro 1LE. (Old car SIM 2010 2SS/RS)

02-10-2009, 11:44 PM	#42
5th_GEN_SS Junkie Drives: SIM 2SS/RS M6 Join Date: Sep 2008 Location: Cleveland, Ohio Posts: 1,695 View My Garage	"Everybody just wants to make headlines, and the more doom and gloom, the more they sell. Pricks." i also agree but i thnk what they say is true to a degree. __________________ "Letty" Murdered out 2013 Camaro 1LE. (Old car SIM 2010 2SS/RS)

02-10-2009, 11:18 PM	#31
Tactical Z Banned Drives: Nissan Titan Join Date: Feb 2009 Location: San Antonio, Texas Posts: 8,490	That would Fail hard.

02-10-2009, 11:19 PM	#32
fastball Banned Drives: 2017 Camaro 2SS 6MT Join Date: Aug 2006 Location: Cleveland, Ohio Posts: 4,361	Chapter 11 has been a serious consideration for GM for over a year now. While it would have made business sense, Wagner and the board have been steadfast against it because of the fear of loosing even more sales due to the "stigma" the general public would have about buying a car from a "bankrupt" company. They know full and well the general American public don't understand Ch. 11, and that it is not necessarily a bad thing. Their warranties would still be honored and the company would still exist. Cars would still be built and employees would still be paid. The caveat here if GM and Chrysler ARE forced to ch. 11 by the govt. is that if they DO start a sales slide, things could slide quickly into chapter 7 which would be very bad..... liquidation and the end of GM. So, I would suspect GM should be building a plan for the govt that helps to solidify sales and keep them from sliding. One way to do that is to start marketing their product and not their price. All to often GM has zippy adds with rockin music touting the fantastic lease price or interest rate or dealer incentives..... when the competition is showcasing their latest 24 valve engine architecture, high quality interiors, and exquisite tail lamp design..... even Ford and Lincoln advertise the product and not the price. The entire marketing of GMs products has got to be revamped if they want people to take them seriously.