GM: Neener Neener we keep Opel, fuck you European governments!

[janstett]

I wonder if this will also bring Saturn back from the dead. Being obstinate with Penske now makes more sense, the same stall tactics and well poisoning.

[Dr_Grip]

I think some of the cars from Saturn's lineup will return as far as rebadging GM Europe products is concerned. The Buick Regal/LaCrosse, being a Vauxhall/Opel Insignia, is the first example from this. The new Corsa, from all i've heard, is a brilliant car, too - GM would be mad not to import it to pitch it against the Euro-spec Fiesta.

I don't think they'll revive the Saturn brand, though.

[flydiscovery]

Originally Posted by janstett

I wonder if this will also bring Saturn back from the dead. Being obstinate with Penske now makes more sense, the same stall tactics and well poisoning.

I was just coming over to post that thought.

[argatoga]

Originally Posted by janstett

I wonder if this will also bring Saturn back from the dead. Being obstinate with Penske now makes more sense, the same stall tactics and well poisoning.

It would make more sense to bring over the European cars as Chevys. But then GM never was one for making logical decisions.

[LeVeL]

Post-restructure GM is going back to pre-restructure GM. Hell, they already got the money and they know that Obama won't let them die, so why not throw money around pointlessly like they've been doing for almost a century?

[Dr_Grip]

If we all would have voted SPD, this would have never happened.

*ducks and covers*

[AudiV6]

Originally Posted by Dr_Grip

If we all would have voted SPD, this would have never happened.

*ducks and covers*

it doesnt matter if we voted SPD or CDU, both ruined us in the past, I voed DieLinke, even if I'm not sure if they would have done it any different.

[MacGuffin]

Originally Posted by AudiV6

Those stupid bastard CEO's of GM! Lets take a shotgun and break into their office! What a bunch of corrupt yanks!

They sent thousends of workers to hell, its just another knife sticking into the heart of the German industry!

Everyone with open eyes and a rational mind could see where this was leading to. The Magna deal could only fail. I mean, the contract they worked out, was three times as long as the unification treaty between West Germany and East Germany, after the Berlin Wall fell!

So if you wanna blame someone, blame our idiotic government and our stupid politicians. They are too dumb and naive to deal with an American corporation.

The bitch of it is: GM currently got the upper hand but there are no real restructuring efforts within what's left of the former world's biggest car maker. There is half-heartedness at best.

If it goes on like this (and I assume it will), we will see the next insolvency of General Motors in 2011 at latest.

Originally Posted by Dr_Grip

Nope. Cause if the german (or british, as they jumped onto the bandwagon) backs out of the offers made to Magna in a very public way, GM will sue them under european law for messing with free trade. And they will do rightly so. Government loans alone are enough of a problem, but only giving them to the right company is taking it to far.

Well, since the deal was never completed and GM decided to keep and not sell Opel, I don't see any legal framework for sueing the German government.

And what should GM sue them for? Handing over German tax payer money to an 100 % American-owned corporation? Forget it. That won't happen. Why not declaring war, while they're at it?

If there is one tiny bit of reason left within the German goverment, they will do nothing. Nothing at all. An end in terror is better, than terror without ending. They cannot justify letting companies like Quelle go bust, while saving Opel.

[anTo]

please dont bail gm out next time

[LeVeL]

Originally Posted by anTo

please dont bail gm out next time

GM should never have been bailed out in the first place! Billions of dollars down the drain and the end result was the same - GM went belly up. If they cant keep their company running then they need to go out of business, plain and simple. That's what the capitalist system is based on.

[MacGuffin]

Originally Posted by LeVeL

If they cant keep their company running then they need to go out of business, plain and simple. That's what the capitalist system is based on.

The signs indicate, that even now the GM management has not realized the seriousness of the situation. They live in a never-never land. It reminds be lot of those stock broker companies in 1929, which refused to accept their failure and tried to keep going with complete arrogance and ignorance instead.

[WillDAQ]

Germany, Britain collectively lols at you.

[MacGuffin]

And you have a right to.

I'm loling with you

Don't get me wrong, though: I feel sorry for the Opel/Vauxhall workers. They are nervous wrecks by now. And there is no end in sight for their suffering from uncertainty.

And in contrast to their American colleagues, they really do a good job and work their fingers to the bones in order to save their company.

[LeVeL]

Originally Posted by MacGuffin

The signs indicate, that even now the GM management has not realized the seriousness of the situation. They live in a never-never land. It reminds be lot of those stock broker companies in 1929, which refused to accept their failure and tried to keep going with complete arrogance and ignorance instead.

Exactly. GM execs just don't get it that they need to work their asses off to get the company out of the gutter.

[narf]

Strikes tomorrow.

[D-Fence]

Originally Posted by WillDAQ

Germany, Britain collectively lols at you.

Well, we will go down together I guess

[jack_christie]

Made no sense to give away the Volt / Ampera platform and now more important small car platforms, that GM needs badly.

Its good the EU shot do the sweetheart deal Germany was trying to with Magna. Was hard to believe they would get away with it.

[snoro]

damm it spectre, i wanted to cover you with +rep for any possible neg rep but a little popup said that i need to spread cover to other before i can give it to you again. You made me lold also. Also, damm it, we could had the best part of gm. Damm it you southern cousin. We wanted to show you that we can also screw up a car company for century like you always did.

[DanRoM]

Why should anyone want -rep Spectre for his post in this thread? He's right, GM fucked the European governments, especially Germany, pretty good. Not that I'm surprised.

[WillDAQ]

Originally Posted by narf

Strikes tomorrow.

Now that's insane.

- Germany piles in cash to protect German workforce.
- British workforce left to burn by UK.
- Plan backfires, no guarantees for German workers, UK jobs looking secure.
- German workers decide to improve their job security by striking!