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| Name: |
Council Roc Doc
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| Subject: |
The New South?
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Date:
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12/9/2008 10:06:26 AM
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Let's leave the mess that is New York and Washington that is sucking the life out of us all, and take our football with us.
URL: http://www.al.com/business/birminghamnews/news.ssf?/base/business/122864140067920.xml&coll=2
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| Name: |
Pier Pressure
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| Subject: |
The New South?
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Date:
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12/9/2008 11:14:53 AM
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In my opinion the big three are suffering from the failure of the banking industry, and the fuel crisis, not their own business practices. You can argue quality all you want, Americans demanded big SUVs and the big there produced. These vehicles are of good quality and perform as advertised. It was only the fuel crisis that demanded fuel efficient cheap cars which are produced by the Asian company.
Should the big three reverse their business model now and produce cheaper vehicls at the cost of quality? I for one appreciate a heavier car that is built better than a lighter plastic model that gets a little better fuel economy. If cars are expected to be expendable and not last then I am fine with mass production of trash as long as they are marketed that way. Cheap light weight car thats returned at four year mark for "recycling" with a given value returned for replacement...
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| Name: |
SPEARFISHER
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| Subject: |
The New South?
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Date:
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12/9/2008 12:14:46 PM
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I agree with what you say PP, but I think the UAW has WAY to much power and they should make some more concessions. Not to mention I think the big three CEO's maybe should have jet pooled on at least one private jet or flown first class commercial when going to beg for money.
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| Name: |
Talullahhound
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| Subject: |
The New South?
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Date:
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12/9/2008 5:47:34 PM
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I've owned Hondas for the past 20 years, and I have never had a minute of concern with any of them. I believe their quality has been uniformly excellent and they hold their value pretty well.
I can't personally vouch for the quality of products by the big three, other than the Ford F-150 that DH has.
But, I do think they need to change their business model. There is an awful lot of redundancy through their multiple product lines. I don't blame them for building SUVs and big trucks when the market was there, but they more or less staked the farm on the belief that it was all they had to do and that they were going to continue to sell-- they didn't diversify. They have not invested wisely in automating their plants and they have allowed their labor costs to go through the roof. And that is mismanagement, no matter how you slice it.
I think they are still in denial about where they are. If we have to bail them out, then it should be a phased thing and tied to making changes that will sustain them. Yeah, change is hard but it is not impossible. And rarely does it happen on it's own from within. Usually, an outside source has to rock the world.
If the Japanese and the Koreans can do it, surely the American makers will do it.
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| Name: |
lamont
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| Subject: |
The New South?
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Date:
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12/10/2008 8:31:56 AM
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I was always a purchaser of U.S. made cars but, I am now firmly convinced they are built with a planned obsolence (sp?) date. Normally, I would get about 150,000 miles out of my Fords however, that always included a replaced transmission and other minor repairs. I have a Suburban with 120,000 miles which has been great, other than a replaced transmission. When gas went up to 2.50 a gallon, I finally was disturbed enough to make drastic changes in my car buying habits. In 2005, I bought myself and my daughter Hondas. They both have 100,000 + miles on them and we have done absolutely nothing to them other than regular maintenance. This year, I decided to park the Suburban and bought a KIA because of my commute. I bought a Sorento, kind of a sawed off SUV, and not much to look at but, for $18,000 brand new, with leather and all the options, I love it. My 87 year old dad even bought "foreign" for the first time. an Avalon, and what a nice drive that is. Let's face it, American auto-makers will never again be competetive as long as the unions are involved. I love patriotism and all that but, there is a limit and I have long since reached mine.
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| Name: |
green,ed
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| Subject: |
The New South?
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Date:
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12/10/2008 9:20:32 AM
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Good luck with the Kia
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| Name: |
lamont
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| Subject: |
Thanks Ed......
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Date:
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12/10/2008 9:30:38 AM
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Would you like to expound on that?
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| Name: |
Talullahhound
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| Subject: |
The New South?
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Date:
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12/10/2008 1:26:58 PM
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My Dad bought "foreign" for the first time too, last year. He bought himself a Toyota van with all the bells and whistles and he loves it.
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| Name: |
Council Roc Doc
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| Subject: |
The New South?
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Date:
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12/11/2008 9:19:12 AM
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Isn't it ironic that the UAW, the same people who have spent millions of dollars attempting to defeat Repub's for Senate races over the past 3-4 years, now are relying on those same senators for their bailout? I hope the Senate says screw 'em and their legacy fees. I'll buy American - foreign autos built in America, before I add to the coffers of the UAW.
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| Name: |
rude evin
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| Subject: |
T-hound..........
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Date:
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12/12/2008 12:15:15 AM
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Your brush was a little too broad there when you said the big 3 had done nothing to adapt etc,etc,etc...........Ford brought in their CEO from the Boeing Co in 2006 and he convinced Ford namesake and their Banks to scrap their business plan and close 17 factories and eliminatre 50,000 jobs to focus on fuel efficient cars on the Ford, Lincoln and Mercury brands only. It sold the Jaquar, Land Rover and Aston Martin lines and are trying to sell the Volvo line now. It will begin bringing its smaller European made models into the US in 2010. CEO Mulally stated they did not need this assistance now as much as they may need a line of credit in the future if their sales continue to stay at 1982 levels which it is seeing now. This is the type of aggressive leadership that will outperform a line of Govt beaucrats any day given a decent economy if they can get the unions in check so they can focus on their competitors rather than paying underemployed workers. Thought a little perspective might help.
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| Name: |
Talullahhound
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| Subject: |
T-hound..........
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Date:
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12/12/2008 9:07:26 PM
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You are right. I just did some reading about what Ford has done. I wonder if they will sell off Volvo too?
Did I read correctly that they have turned down government funds?
I actually have some Ford stock -- just 100 shares that I inherited. But, I've never sold it because I've always believed that Ford will make a comeback.
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