Are GM, Ford going Broke?

ajmat · 16th April 2005, 19:54

GM are also suffering from high pension and health costs of an aging population

Deeps · 16th April 2005, 20:47

Like GTO said, the japanese are doing a great job in the US. This means that the americans are not able to manufacture theirs cars as efficiently. The lack of appeal of their products is also a problem.

During the oil crisis of the late '70s, pple started driving japanese cars due to the high efficiency. Because of government policies, the japanese thought that it would be more beneficial to produce cars in the US rather than export them. Now again, the japanese are gaining in sales due to high prices. In europe too Ford is not faring as well it used to a few years ago.

islero · 16th April 2005, 21:40

yep, the japs are doing their stuff even in Europe, eating up Focus and Mondeo sales, although they arent so readily accepted there.

Steeroid · 16th April 2005, 22:12

A lot of people here may not like to hear or accept this, but the Koreans are also doing a lot of damage to the amercian car makers. Also taking more of the European pie now...

GTO · 16th April 2005, 22:21

Quote:

but the Koreans are also doing a lot of damage to the amercian car makers.

Size aside, I think that Hyundai is way superior to the mighty GM. In fact, its GM that is going the korean way i.e. selling on price alone.

GTO

islero · 17th April 2005, 07:59

GM not only sells on price, they also sell on the so-called after sales customer service, and they keep trumpeting about how they keep making serveys about the type of cars they should make. This is one of the very american characteristics that Bob Lutz had attacked once.

16th April 2005, 19:54	#16
ajmat Team-BHP Support Join Date: Feb 2004 Location: Bangalore Posts: 14,864 Thanked: 27,973 Times View My Garage	GM are also suffering from high pension and health costs of an aging population
	() Thanks

16th April 2005, 20:47	#17
Deeps Senior - BHPian Join Date: May 2004 Location: Delhi/Noida Posts: 1,116 Thanked: 170 Times	Like GTO said, the japanese are doing a great job in the US. This means that the americans are not able to manufacture theirs cars as efficiently. The lack of appeal of their products is also a problem. During the oil crisis of the late '70s, pple started driving japanese cars due to the high efficiency. Because of government policies, the japanese thought that it would be more beneficial to produce cars in the US rather than export them. Now again, the japanese are gaining in sales due to high prices. In europe too Ford is not faring as well it used to a few years ago.
	() Thanks

16th April 2005, 21:40	#18
islero Senior - BHPian Join Date: Dec 2004 Location: Chennai Posts: 1,574 Thanked: 13 Times View My Garage	yep, the japs are doing their stuff even in Europe, eating up Focus and Mondeo sales, although they arent so readily accepted there.
	() Thanks

16th April 2005, 22:12	#19
Steeroid Senior - BHPian Join Date: Mar 2005 Location: N.A Posts: 7,046 Thanked: 2,751 Times	A lot of people here may not like to hear or accept this, but the Koreans are also doing a lot of damage to the amercian car makers. Also taking more of the European pie now...
	() Thanks

17th April 2005, 07:59	#21
islero Senior - BHPian Join Date: Dec 2004 Location: Chennai Posts: 1,574 Thanked: 13 Times View My Garage	GM not only sells on price, they also sell on the so-called after sales customer service, and they keep trumpeting about how they keep making serveys about the type of cars they should make. This is one of the very american characteristics that Bob Lutz had attacked once.
	() Thanks