UPDATED: GM about to smash another record!

Perrysburg Dodgeboy wrote:
Damn Spoon you just can't get it can you. Lets do this by the numbers.

Don

Don, Don, Don... You are assuming that GM goes out of business and every employee goes down with them. Do you really think that GM customers will never buy a difference brand vehicle? When Nash went out of business, did Nash owners never buy a new car again?

Its crazy to think that GM customers are so loyal that they will never buy a different brand. Look at Indian motorcycle company... they made a fantastic and iconic motorcycle. They couldn't sustain and went out of business. HD, Honda, Kawasaki etc all increased market share when Indian fell through and are all doing well. Heck, Indian has even made several comebacks since then.

Your argument is based upon one of two theories;
#1 GM owners will never buy another car.
#2 Ford/Chrysler/Toyota/Honda/Kia/etc will produce more vehicles to take over GM's market share without hiring any new employees or increasing parts bought from (former) GM suppliers.

Neither theory holds much water to me.

FYI...
#1 In 2012 GM had 77,000 employees based upon my research, not a quarter million
#2 Yes, they will no longer receive paychecks from GM. If they get hired by Ford, for example, they receive a paycheck from Ford.
#3 If they have new jobs, they can pay their mortgage
#4 Again... not a quarter million or a half million... 77K. We are still refusing to believe that there is a chance they get hired by another auto manufacturer who needs to increase their market share...
#5 Again... I argue that JOBS aren't going to be lost if GM goes out of business, just paychecks from GM. Someone else will need to hire additional workers to handle increased output from larger market share.
#6 Vendors that used to supply that GM PS pump now supply Ford with PS pumps. Vendors continue to get paid. Maybe there is some temporary discomfort while they re-tool... Such is life.
#7 Again... why do we assume that GM goes out of business and those jobs are LOST and that market share disappears? Where is any evidence to support this theory???
#8 Ummmm... okay?
#9 Sounds horrible, guess the sky is falling?

Where are your FACTS to support your claims? All you have is a theory of what could have happened. Lets be real, do you really honestly believe that GM owners will never fix their old cars (because that would still supply jobs for vendors, which you argue cannot possibly happen) or buy new non-GM cars?

I simply don't believe that those options are viable. Indian went out of business. People lost jobs. Owners were upset. Harley filled in that market share. Harley hired more people than Indian ever employed. Life goes on.