hoffman23

Total Rating:
+3 / -2

13 Comments

    • Mon Nov 3rd 23:28 PM | Rating: +1 -2
      Commented on:
      Driven to Bankruptcy
      You are just clueless!! If any auto company declares bankruptcy, it will be the end of their business. No one is going to buy a car from a bankrupt company. They would be concerned with warranty issues. And doesn't the consumer want a company to stand behind their warranty? How about money for engineering and design? We cannot let GM or Ford go down. The repercussions will be felt in every town and city as all the suppliers to the comany, as well as the dealers, will lay off tens of thousands of people. WAKE UP!!!!
      View article »
    • Sun Nov 2nd 08:36 AM | Rating: +2 0
      Commented on:
      Ford Celebrates, GM Scratches Its Head
      Why are you not accounting for the loan issues at Ford. Do you know that the "Blue Oval" is collateral for the bank loans? And how long did it take for the loan convenants take to unwind when they went to sell Land Rover and Jaguar? They have done a better job than Chrysler, but not better than GM. If there is federal help, you can easily expect Ford to be on that boat. Yes, they are optimistic about the new F series, but why are you ignoring two major issues? First, they held back this launch for 4 months due to 2008 inventory backlogs. And their dealers still have lots of stale products on their lots. And, of course, Who's lending their customers the money to buy this new vehicle? If you spent 5 minutes talking to a real "car guy" like me, you would know a lot more about this unique business.
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    • Sun Oct 26th 17:08 PM | Rating: 0 0
      Commented on:
      Chrysler Makes a Poor Fit for GM
      Although the merger would be good for me, job wise, I honestly don't see the fit. There is nothing that Chrysler can offer to GM except the Jeep brand. A combo of Jeep and Hummer could be an interesting fit, if GM doesn't sell Hummer. Most Chrysler dealers have become used car stores with a new car shingle for the pre-owned programs. I would like to see GM stand alone, downsized, with some government loan guarantee program. Its engineering and craftmanship is second to none. Their problem is they have become the poster child for America's manufacturing woes. Also, we should limit the Asian imports the same way they limit our imports into their countries. All playing fields should be level.
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    • Sun Aug 17th 11:13 AM | Rating: 0 0
      Commented on:
      Automaker Rebadging Revisited
      The premise is soooooo stupid !!! Haven't you heard of the "Internet"? Every car website shows badge engineering within a company and badge engineering between companies ( see Matrix and Vibe). Have your people run out of ideas? Subaru is a Northeast US brand. It has little traction in the marketplace other than quirky 4x4's. At GM, it is a process getting the buyers back. Probably slower than desired, but check the Malibu's sales. They selling everything they can produce.
      View article »
    • Sat Aug 16th 18:18 PM | Rating: 0 0
      Commented on:
      GM, Ford: Big Mistakes Keep Piling Up
      Any writer who lumps GM in with Ford and Chrysler is an idiot !!!! It's like comparing themselves to someone who has a brain. GM may be reeling, but they are in a far better position than the other two. Ford has hocked the "Blue Oval" logo to the banks. Chrysler is totally clueless. If Cerebus had talked to a " car guy" bbefore they bought Chrysler and 51% of GMAC, they would have told them to leave the money in their piggybank. GM will survive ( I'm in the know) but the other two are shaky, at best. Likely Ford will make the cut. Is that Fiat or Nissan I hear knocking at Chrysler's door?
      View article »
    • Sun Jul 20th 16:07 PM | Rating: 0 0
      Commented on:
      Ford's Financial Services Business About to Enter the Red
      Even if Kerkorian gets control of Ford, what the hell is he going to do with the debt. The whole company is owned by the banks, including the Blue Oval. He must need a big tax loss.
      View article »
    • Sun Jul 20th 16:01 PM | Rating: 0 0
      Commented on:
      Ford's Financial Services Business About to Enter the Red
      You have not mentioned another area where FMCC is going to lose a bundle. They have a huge lease portfolio full of trucks and SUV's coming off lease in the next two years. With the switch to cars, each vehicle can represent a $3-6000 loss at the wholesale auctions. Likely no insurance to cover. This is the stuff that can put them into bankruptcy. GM doesn't have anywhere near this problem, as they are not as heavy into leasing. Plus Cerebus (those brilliant auto guys) have 51% of that loss. I always find it amazing that the finance guys never ask the auto people about the underlying grief. Anybody in auto retail could tell you this is a bomb that is already exploding.
      View article »
    • Wed Jul 16th 08:21 AM | Rating: 0 0
      Commented on:
      Solar Cells on Electric Cars Make Cents
      There is a LOT of IF's in that scenario. Drivers don't drive slow enough to take advantage of better gas mileage. Over 65 MPH, the economies of good MPG get thrown out the window. Think about that the next time you are on the highway.
      View article »
    • Wed Jul 16th 08:17 AM | Rating: 0 0
      Commented on:
      GM Goes Lean to Stay Ahead of Toyota
      2 major thing to focus on with GM. First, the overseas business. It's going gangbusters and trading in strong currencies. 60% of their business is overseas. And second, they are selling their high MPG vehicles like hotcakes. they have redirested all their high MPG vehicles to the US and will be leading the industry within a year. The difference in this company is that they use to react to issues in years. Now they react in WEEKS! This is the new GM. Only the idiot analysts look at the company's leadership as if it was the old days. Buy now and make money.
      View article »
    • Wed Jul 9th 08:53 AM | Rating: 0 0
      Commented on:
      General Motors: General Malaise
      When does this stupidity end? GM has a very bright future. First look at the overseas business. It's booming!!!! Next, look at how quickly this company is reacting to the current dramatic change in the market. As a veteran of 30 years in this industry, GM used to take YEARS to react. Now they can change within weeks. And PLEASE stop lumping GM and Ford together. The situations are completely different. FORD has put up the entire company including the Blue Oval as collateral on its loans!!!! GM will survive and eventually prosper. Ford and Chrysler are quite a different story. Why don't you write about Toyota and their
      Tundra-Texas factory fiasco. How about how much the Europeans are losing money on their American sales due to the crappy dollar? If you went out into the marketplace and compared the quality of the various vehicles, you would have a very different tune. Try the Peter Lynch theory of actually getting out of the ivory tower and going among the masses. It will open your eyes!!!
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    • Sun Jun 22nd 09:35 AM | Rating: 0 0
      Commented on:
      GM and Ford: Still Easy Shorts
      Putting Ford and GM in the same category is insane !!! They are two totally seperate situations. GM has become a faster moving, far more adaptive company then in the past. It is making billions in the BRIC countries and is working quickly on a NA turnaround. Ford, on the other hand, has hocked everything to the banks, including the blue Ford oval. Ford 's problems are similar to Chrysler, not GM.Their cash till is starting to run dry. Do better homework.
      View article »
    • Fri Jun 20th 13:45 PM | Rating: 0 0
      Commented on:
      Is the Chevy Cobalt as Good as a Hybrid?
      The Cobalt is a well built compact car with plenty of room. Using rental cars for a comparison is not fair because of their lack of servicing and TLC by the renters.
      View article »
    • Wed Jun 18th 23:28 PM | Rating: 0 0
      Commented on:
      GM's Last Fatal Mistake
      GMAC's lease portfolio is much smaller than its competitors. the GM dealers have been complaining for years about GMAC's lack of a lease program. the ones in real hot water is Ford, Nissan, Chrysler, and Toyota. Honda is okay because of its lack of trucks
      View article »
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