Conservative Political Forum

General Category => Financial => Topic started by: walkstall on November 09, 2011, 10:09:19 AM

Title: Government Motors
Post by: walkstall on November 09, 2011, 10:09:19 AM
GM profit falls, shares tumble on weak outlook.
snip~
DETROIT — General Motors Co posted a third-quarter profit that fell 15 percent after a loss in Europe and disappointed investors with a forecast that closed the door on any improvement in the current quarte.

more @
http://xfinity.comcast.net/articles/news-general/20111109/NEWS-US-GM/ (http://xfinity.comcast.net/articles/news-general/20111109/NEWS-US-GM/)
Title: Re: Government Motors
Post by: Dan on November 09, 2011, 01:38:28 PM
I heard the Chevy Volt was underperforming.

That's why you don't make business choices for political reasons.

Silly leftists. They never learn.
Title: Re: Government Motors
Post by: JLeh1985 on February 20, 2012, 01:13:14 PM
"The average income of the Chevy Volt's buyers is $170,000 per year, according to General Motors CEO Dan Akerson".

Why are we subsidizing the vehicle purchases of the upper middle class?


Title: Re: Government Motors
Post by: Solar on February 20, 2012, 01:27:57 PM
Quote from: JLeh1985 on February 20, 2012, 01:13:14 PM
"The average income of the Chevy Volt's buyers is $170,000 per year, according to General Motors CEO Dan Akerson".

Why are we subsidizing the vehicle purchases of the upper middle class?



Good point JLH.
Here is an even more active thread on the subject.
http://conservativepoliticalforum.com/political-discussion-and-debate/the-government-wants-to-sell-you-a-chevy-volt/ (http://conservativepoliticalforum.com/political-discussion-and-debate/the-government-wants-to-sell-you-a-chevy-volt/)
Title: Re: Government Motors
Post by: Dan on March 13, 2012, 04:46:27 PM
A purely commuter type vehichle needs to be priced around 20K to be accepted.
Title: Re: Government Motors
Post by: lessthantolerant on April 18, 2012, 04:03:17 PM
Quote from: walkstall on November 09, 2011, 10:09:19 AM
GM profit falls, shares tumble on weak outlook.
snip~
DETROIT — General Motors Co posted a third-quarter profit that fell 15 percent after a loss in Europe and disappointed investors with a forecast that closed the door on any improvement in the current quarte.

more @
http://xfinity.comcast.net/articles/news-general/20111109/NEWS-US-GM/ (http://xfinity.comcast.net/articles/news-general/20111109/NEWS-US-GM/)

Wait! I thought Obie saved them and they were on the rise again! How could this happen? I thought thse silly liberals knew everything about economics :laugh: :laugh: :laugh: