shifting sands

I've noticed recently that General Motors here in the UK are pushing Daewoo vehicles rebadged as Chevrolets. This is part of the world economic downturn,  Jaguar Land Rover are owned by the Indians,  Hummer seems destined to go to China,  Euro GM,  Opel/Vauxhall,  seems to be  distancing themselves from GM, t he German and British governments seem determined to buy them from GM , anyway technically the product is nearer to VW than GM,  look at the Saturn Astra.  You are about to only have Chevrolet and Cadillac left, as for Fiat buying Chrysler, you'll get rust and bad electrics to add to Chrysler's problems.

Me thinks Mopar will blow away.... GM will go bankrupt, and Ford will be "the US car manufacturer" in America!

Wow....... no matter what happens, there will be 10's of thousands of folks out of work.... and you can thank the U.A.W. union for ALL of this!

Can you imagine a job where you retire at nearly FULL PAY! The only thing thats different in your day to day life is, you don't get up Monday morning!

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It's not only the unions fault, GM has much to blame too.

GM failed to realize that the Japanese were serious competitors until GM was WAY over their head with benefits and out of control pay.

GM needs to file bankerupcy and slow their bleeding before they can even think about turning the company around.  I hate to say it, but the retirees that are collecting nice checks need to be cut off.

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Kevin Pierson

KT:- Gary email KP with the one you sent  me last week re $1M per person aged 60, the only gflaw in that argument is you would have to pay out every year.  I don't think printing pound notes or dollar bills is going to help any one. As I said 10years ago, if I had any money, it was going to Boeing, Lockheed,  British Aerospace and Rafael (Israel).  Chris Wallace is probably the expert here (he is well into economics) but I would put GM's money into alternate fuel and power systems.  Tesla is only the start,  build hydrogen storage, recharging systems, whatever shows the most bang for the buck. Yes I know about nano battery cathodes and super electrostatic caps etc. We should be doing a Manhattan Project on this employing lots of people. And fusion energy, fission's a dead end with lots of nasty by-products.  I know that quote" fusion's 5 years away and has been for 40 years".

I want to take this 10 years into the future:- Korea;  Hyundai Kia group. Europe;  Porsche VW Audi, also with connections to South America and China, Peugeot/Citroen, Ren, Fiat and what's left of Saab and Volvo,*  Mercedes and BMW (Could BMW and Honda join forces?) Euro Ford and possibly EuroGM as separate entities**. Japan; Toyota (No Nissan, possibly shafted by the Renault merger)  Mitsubish?  Now almost vanished from Europe, but are part of a massive industrial/banking group,  I believe the world's largest company, let's face it,  do Sony and Pana make money from their car radios? Honda but with someone else, they now have manufacturing in Japan, China, USA, UK and France A new giant to rise in China and or India, probably Tata in India.  USA; Ford?  Plus Toyota , Honda,  BMW,   Merc and VW locally assembled possibly even designed and manufactured just as British Civics and Focuses are very different to the US spec. I think that's it.   * I can't see Sweden sustaining Saab AND Volvo. ** Right now Ford Europe is quite successful financially, Euro GM, (Opel and Vauxhall) is about to be hived off from GM and backed by the British and German Governments.