Automotive

Seems there is so much to this topic, so I’m blowing some more. Now there’s supposed talk of tapping the strategic oil reserves.  There was talk of this the last time gas was hovering around $4 per gallon.  Who are the boneheads who even consider this?  Try and keep in mind what this reserve is […]

Oh, you whiny people.  Here we go again.  All these people complaining about the price of gas.  Funny how so many of the people they interview in the news articles are driving a brand new SUV or full size pickup.  What did you expect, to not pay $80 to fill up your tank at some […]

Look/Listen/Learn always has its payoffs.  Just a few posts ago (January 26) I presented my reasoning behind what’s going on at Toyota.  Go back and reread the post.  Then read this: Link I was dead on.  The article is not someone’s opinion – it’s stated fact from the man himself.  And kudos to him for […]

Toyota lost $21 billion dollars in stock this last week.  See, I told you what was coming!  The downward spiral continues.  And now there’s computer problems with the brakes on the current Prius.  Let’s see if they have learned their lesson yet.  To me, this sucking sound I hear from Toyota is eerily similar to […]

Once again we all see what giant egos and greed can do.  Toyota today halted the sale and production of eight of its cars, after recalling 2.3 million a week or so ago, for gas pedal problems.  At first it tried to deny problems with its accelerator pedals, pushing the blame off on “faulty floor […]

We loaned GM $50 billion to avoid bankruptcy.  For you politicos out there, just for clarification, what that sentence means is 1) GM is supposed to repay the money as it is a loan and 2) it was loaned to GM in order to avoid bankruptcy.  As I, and probably a great number of us, predicted (except apparently the politicos), GM […]

So GM has filed Chapter 11.  We gave them billions, they filed anyway (which most sane people knew they would), and now they want billions more after filing.  Certainly they will get it, and eventually they will be a mere shadow of what they were – if around at all. How often in business or […]

GM looks to be possibly nearing its point of no return (bankruptcy may be its only option now).  But, what if someone else stepped in at this point?  Let’s say Toyota stepped in and bought a controlling stake in GM, and supplanted GM’s leaders with those of its own.  Then those leaders did away with […]

Should a vote come up to bailout GM, Ford and Chrysler I request that you vote against it. Even if they were to receive a bailout, the chance of it making any improvement is slim to none.  More money will be requested down the line when nothing improves and it will be yet another money […]

Forget the bailout, GM.  Here is what you should do (and should have done 15 years ago): Forget the game of being #1 in the world.  Your focus needs to be on survival.  Put the egos aside for now. Discontinue production of all cars except Volt, Corvette and Cadillacs (yes, that includes dumping Camaro and […]