1998MysticZ28

iTrader: (10)

All I can say is I am glad they recognize why they are still here. Great commercial and a great way to boost the new GM.

http://www.autoguide.com/auto-news/2...t-back-up.html

Zac_Speed

iTrader: (4)

So when are they going to pay "US" back?

WSsick

iTrader: (13)

^


While we'll never see any money, I am glad they at least thought to thank us.

WSsick

iTrader: (13)

Ok, now that I actually watched the video, I thought it was very tasteful. I love the new style marketing coming out of GM.

toneloc60

iTrader: (7)

it's more than France ever did.

triche

iTrader: (4)

agreed

Zac_Speed

iTrader: (4)

To me it's a slap in the face. They're still making over 100% profit on every automobile they sell. It's like saying, "Thanks for giving us your money, there's nothing you could do about it anyway!"

Just the fact that they claimed bankruptcy afterwards leaves a sour taste in my mouth...

speedracer2536

iTrader: (15)

Dude in 2008 gm lost about 1200 dollars on every car it sold.. they are making about 3100 per car sold this year.. IDK where you got your 100 percent profit from..

Zac_Speed

iTrader: (4)

They lost money not because of the profit from cars, but from the debts they owed.

Trust me, it doesn't cost GM $72k to build a C6Z, after all's said and done it probably costs them less than half that...

speedracer2536

iTrader: (15)

Um definatley not.. i dont see where you get your numbers from.. look at the financial statements.. the proof is in the pudding..

speedracer2536

iTrader: (15)

You have to factor in tooling cost, equipment cost, labor cost, etc etc.. building a car isnt just parts..

BODUKE

Nice to see GM coming back!

Zac_Speed

iTrader: (4)

That is factored in. I work at a auto plant and know first hand. For example Ford spends 12k total, parts, labor, everything on the Escape and sells a fully loaded Hybrid for 28k.

Your gonna believe a companies statments that took money from you and then claimed bankruptcy so they wouldn't have to pay you back?

speedracer2536

iTrader: (15)

how are you going to say gm marks **** up 100 percent and then start throwing around different examples than gm.. ford has nothing to do with this discussion.. GM is having to pay the government(us) back regardless of the Bankruptcy status.... You must not be very familiar with the audit process that goes on at these big companies.. I can tell you that GM profit margins are very small on everything but their trucks.. BTW which auto plant is it that you work at? and what is it you do there

franksaltz28

iTrader: (1)

Parts and labor isnt all that goes into making a car. The car must be designed and tested before it ever goes into production. This to is very costly. Also, im sure that all of the machines that are making these cars arent cheap.

speedracer2536

iTrader: (15)

^^^ exactly what im trying to say..

LS1 Sounds

iTrader: (11)

Employee benefits!

hawiianpwr

iTrader: (2)

Frank Is exactly right.

LSXFORMULA99

iTrader: (12)

love this!

Zac_Speed

iTrader: (4)

I'm just tired of bailouts... If we have to bailout California, There's a lot of militias country wide that are ready...