View Full Version : Oops!!!!
vintageracer
01-05-2010, 12:40 PM
GM sales down 13% on a day to day adjusted basis. Stock flat to down. Good looking GM VP of Export Marketing skirt trying to convince the viewers of CNBC how good GM is doing!
Toyota stock up 23% today in early trading.
JEFFTATE
01-05-2010, 01:14 PM
The dealership I work for has been very busy in Parts , Service , and Body Shop.
And Sales Dept has been selling a good many units..
Which reminds me, I need to call you Jeff for some prices, lol. Meant to do that yesterday actually. doh!
trapin
01-05-2010, 09:13 PM
GM sales down 13% on a day to day adjusted basis. Stock flat to down. Good looking GM VP of Export Marketing skirt trying to convince the viewers of CNBC how good GM is doing!
Toyota stock up 23% today in early trading.
In other news......a man watered a plant and several months later it gave him tomatoes.
Mike, back to you............
79-TA
01-06-2010, 01:14 AM
What's the Toyota stock have to do with it? Are people looking to own part of the manufacturer with the most recalls this year? :rolleyes:
vintageracer
01-06-2010, 06:12 AM
What's the Toyota stock have to do with it? Are people looking to own part of the manufacturer with the most recalls this year? :rolleyes:
Yes!
It's the same as when the Detroit led the "Recall List" and investors continued to buy into the Big 3.
Apparently poor quality attracts investment capital!
vintageracer
01-06-2010, 06:14 AM
[QUOTE=trapin;617431]In other news......a man watered a plant and several months later it gave him tomatoes.
QUOTE]
Will the man's tomatoes be red and juicy or green and bitter?
Tom Welch
01-06-2010, 07:28 AM
Tonights forecast, Dark. With widely scattered light in the morning..
rob07002
01-06-2010, 09:21 AM
Just bought a new Caddy SRX for the Wife this weekend and saw 4 other Caddys and a Saab sell. Not bad for 1 Saturday in January when it's 20 degrees out.
6'9"Witha69
01-06-2010, 09:54 AM
Tonights forecast, Dark. With widely scattered light in the morning..
LMAO.
Seriously, what's with the apparent GM bashing threads going on recently. A few started by the same person.:spam:
Bow Tie 67
01-06-2010, 09:58 AM
Hmmm I played with Gm and ford stock in the fall of 08. I wish I had kept my Ford. I think Mike wishes he had sold his GM. :spam:
formula
01-06-2010, 10:31 AM
What's the Toyota stock have to do with it? Are people looking to own part of the manufacturer with the most recalls this year? :rolleyes:
List of things I want my floormats to do:
-protect my carpet.
-remove easily for cleaning.
-look nice.
List of things I do not want my floormats to do:
-kill me.
vintageracer
01-06-2010, 11:46 AM
LMAO.
Seriously, what's with the apparent GM bashing threads going on recently. A few started by the same person.:spam:
The first thread was bashing.
This particular thread is reporting the headline news from yesterday not bashing. I have not purchased any GM stock personally but as a taxpayer I am now an unwilling owner of GM and Chrysler. Since this still is America why not voice an opinion and ask a few questions?
I have posted two threads that are now considered by some to be "bashing" GM and "Spam". What about all the other threads about all the "praise" of GM for their operations since emerging from bankruptcy in June yet GM has still lost another $1 Billion dollars in the last 6 months. That hardly instills confidence in an owner of GM.
Why are those threads also not considered :spam:?
buickfunnycar.com
01-06-2010, 04:18 PM
Ford sales up 23%...
Twentyover
01-06-2010, 09:13 PM
GM sales down 13% on a day to day adjusted basis. Stock flat to down. Good looking GM VP of Export Marketing skirt trying to convince the viewers of CNBC how good GM is doing!
Toyota stock up 23% today in early trading.
Mark Twain said there were three kinds of lies- lies, damned lies, and statistics. The sales information you quote without source falls into the third category. I can pull up a source that says GM sales are up 7% and down 6.3% in the same article. The referenced article indicates retail sales are up, while total sales are down because GM is attempting to reduce it's dependence on less profitable (and value compromising) sales to daily rental fleets.
A better measure of business sucess is profit/loss. This has been a tough year for everyone, and all auto manufacturer's have struggled How did the players referenced do compared to last year? If profit improved or loss decreased, they are in an improved business situation; if profit decreased or loss increased, they are in a worsened business situation.
I'm not taking a position here trumpting or decrying GM's, Toyota's, or any other manufacturers sales/market position/quality or any other feature of business. My beef is that you are posting a number pulled from the internet/news media/out of the air, with no source referenced and expect it to be taken seriously. Automotives sales are frequently parsed in many ways to show what the reporter wants to show, not necessarily the correct overall picture.
Because we all know everything on the internet and news media is absolutely the truth.
If your real objection is to public support of the private sector, I think your attention would be better focused on banking where 10 times the amount of public money was spent to subsidize an industry that undertook high risk investment (that provided no significant numbers of jobs) for significant personal gain.
These are, of course the ramblings of an old madman
http://forums.motortrend.com/70/7980328/monthly-sales-madness/gm-december-2009-retail-sales-up-7-total-61-down/index.html
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