And the GM hit's just keep on coming!
General Motors has discovered a problem with the supercharged 6.2-liter LSA V-8s fitted to certain versions of the Cadillac CTS-V and Chevrolet Camaro ZL1. The affected models are all 2009-2013 CTS-Vs...
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NJRVer,
NO, I'm NOT WRONG! I lived thru it from the 1960's on until I cut them off in 1999 because they were plain horrible in paying invoices. 6 months to pay their vendors was normal and they used every excuse not to pay even claiming they never received the invoice and had to invoice again. Funny that GM noe Ford lost invoices or claimed they never received it. When it got to 1 to 1-1/2 years, others and I had enough and the good vendors cut them off or quit doing any new projects or quoting on them. Leaving Chrysler with second and third rate vendors who weren't good enough to make things for Ford and GM. I could name dozens! I know the facts as I and others have the ledgers and documents to back it up!
Chrysler claimed they were highly profitable and had billions in cash and do you want to know who's money it was??? Ask the vendors, Cerberus about the many billions of dollars loan they gave them, and ask Daimler how many billions of dollars they'd lost with the Chrysler division and why they dumped them at such a huge loss. Just why, if Chrysler was so profitable were they bankrupt just a few years later? Blaming it on Daimler is such a lie as Daimler lost way over a hundred billion dollars on the Chrysler division venture while owning them and simply couldn't risk it anymore as it was creating deep financial issues for Diamler-Benz! Don't write about something you have no experience with or real knowledge of!
Read the gobs of pages of the Chrysler history and learn something!
Both Ford and GM paid their invoices within 30-60 days like clockwork depending on when in the month the invoice was received and approved as they wrote checks on the 1st and 15th of the following month.
NO, I'm NOT WRONG! I lived thru it from the 1960's on until I cut them off in 1999 because they were plain horrible in paying invoices. 6 months to pay their vendors was normal and they used every excuse not to pay even claiming they never received the invoice and had to invoice again. Funny that GM noe Ford lost invoices or claimed they never received it. When it got to 1 to 1-1/2 years, others and I had enough and the good vendors cut them off or quit doing any new projects or quoting on them. Leaving Chrysler with second and third rate vendors who weren't good enough to make things for Ford and GM. I could name dozens! I know the facts as I and others have the ledgers and documents to back it up!
Chrysler claimed they were highly profitable and had billions in cash and do you want to know who's money it was??? Ask the vendors, Cerberus about the many billions of dollars loan they gave them, and ask Daimler how many billions of dollars they'd lost with the Chrysler division and why they dumped them at such a huge loss. Just why, if Chrysler was so profitable were they bankrupt just a few years later? Blaming it on Daimler is such a lie as Daimler lost way over a hundred billion dollars on the Chrysler division venture while owning them and simply couldn't risk it anymore as it was creating deep financial issues for Diamler-Benz! Don't write about something you have no experience with or real knowledge of!
Read the gobs of pages of the Chrysler history and learn something!
Both Ford and GM paid their invoices within 30-60 days like clockwork depending on when in the month the invoice was received and approved as they wrote checks on the 1st and 15th of the following month.
