GM financial woes have begun

LMAO as a GMC and FMC trained seller... Do pile on, fellas! :)

mooky stinks wrote:
Didn't a lot of Fords drop into gear when unoccupied? Oh and what about those Pintos that blew up when rear-ended? With so many things in this world to despise, I wouldn't think an American company, with thousands upon thousands of American jobs at stake, would be one of them. Jus sayin'.

the pinto rear end explosions was later proven to be a stunt by abc news for ratings and discredited. My mom was in a pinto and hit in all 4 qudrants during an accident(front, drivers side, pass side and rear)..her rear decklid was inside her backseat..no fire in her car.

Didn't a lot of Fords drop into gear when unoccupied? Oh and what about those Pintos that blew up when rear-ended? With so many things in this world to despise, I wouldn't think an American company, with thousands upon thousands of American jobs at stake, would be one of them. Jus sayin'.

fla-gypsy wrote:
The ignition switch cover up comes home roost

http://abcnews.go.com/Business/wireStory/gm-1q-profit-dragged-recalls-23451200

Oh, and fla-gypsy - yup, GM is taking a $1.3Billion loss this quarter. They still made a profit and have $30B in the bank.
To me that is not the beginning of financial woes, they are absorbing that hit within the quarter. Is that so bad?
And you complain when folks criticise Ford.........
People in glass houses....... etc.

Ya know, I was a GM engineer (now retired).
Not trying to defend the questionable activity behind switch changes etc which apparently took place.....
BUT
In my world there was no standard or test that covered kids driving drunk or angry (or both) with a hunk of keys on the keychain where the switch got turned off when the car left the road/hit a ditch/bounced off a tree.
Seems to be the case in many of the accidents where the key turning off was identified. Based on on-board computer log analysis some of the accident reports at least suggest the ignition was turned off AFTER the vehicle was out of control.

AFAIC this is what makes it a bit of a gray area. Not sure how an engineer with ANY car company could predict that!

Combined with the old reports that were never made public about switch specs and unauthorised changes, it sort of backed GM into a corner that they can't cleanly get out of without doing what they are now attempting to do - replace 2.6 million switches with a stiffer detent.

But now they are being criticised because they don't have 2.6 million switches sitting on a shelf somewhere and it's going to take months of 3 shift/7 day operations for Delphi to make them all.

Just seems the World is being a little hard on GM over this one. It's unfortunate that 13 people have died in the last 10 years as a result of switch "failure" - c'mon, we kill 40,000 people a year on our roads. 1.3 a year hardly registers on that scale!
And how many would not have survived even if the air bags had deployed?

OK, flame suit on!

fla-gypsy wrote:
The ignition switch cover up comes home roost

http://abcnews.go.com/Business/wireStory/gm-1q-profit-dragged-recalls-23451200

In before the lock!!

I will probably just buy another Tundra, because I know you loath them too....

I towed with a Chevrolet Cobalt ...

And your point is ??????????????? they had a recall, and sales were not realty affected.

Just like Toyota's financial woes with the unintended acceleration. I guess we will know in another 7 days the official verdict if this is having any impact on sales. If sales are good for April, that will make two months in a row that sales didn't show an impact.

...but sales are up....what's your point??? retaliation maybe...

Your posting shows a very different and insidious difference between the very threads you complain about and yours...You complain about continual Ford bashing but are right in the fray when one of your hated brands can be speared...

At least when I was distributing the evil Blue KoolAid, I completely refrained from bashing their competition...you will find some individual battles with OB guys about their attitudes and positions but never an attack on the manufacturer as a whole...

Regards