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gm to shut many U.S. plants for up to 9 weeks

Discussion in 'Sports and News' started by jps, Apr 22, 2009.

  1. jps

    jps Active Member

  2. mustangj17

    mustangj17 Active Member

    This awful. Just awful.
  3. NoOneLikesUs

    NoOneLikesUs Active Member

    Depression is setting in.
  4. jps

    jps Active Member

    yeah ... not good at all.
  5. Mark2010

    Mark2010 Active Member

    Truth be told, if it's only nine weeks, that may be a positive sign. I honestly wonder if some will ever reopen.
  6. jackfinarelli

    jackfinarelli Member

    If this happens, GM is simply transferring the cost of employing these folks for 9 weeks to the general public who will fund their unemployment bennies and who will ultimately have to bail out the car companies and bring those folks back to the factories.

    There are no good and simple solutions to this problem. The good solutions are complex; the simple solutions aren't any good.
  7. Mark2010

    Mark2010 Active Member

    You mean like the government taking it over?
  8. jackfinarelli

    jackfinarelli Member

    Government takover is a simple solution that is not very good.

    Living in the DC area, there is already more than sufficient time and energy - - and money - - wasted in the "turf disputes" that exist among various USG departments and agencies. So imagine the "Department of Car Manufacturing and Sales" (DCMS) and then try to imagine any way that ther would not be turf battles created among:

    DCMS and EPA
    DCMS and Dept of Commerce
    DCMS and Dept of Labor
    DCMS and Dept of Transportation
    DCMS and Dept of Treasury (that's where the money will come from)
    DCMS and Dept of Energy
    DCMS and US Trade Rep

    Then take a look around the USG and find all of those senior execs who know how to run an auto company - - or any really large company for that matter - - at a profit. There are a few but not many.

    And to make things certain to fail, there will be grandstanding oversight and hearings by the US Congress. Don't even try to find someone there who knows anything about anything other than getting him/herself re-elected...

    Simple solution. Outcome = Fail.
  9. Football_Bat

    Football_Bat Well-Known Member

    Closing May 11, reopening July 13.


    The expected bankruptcy filing in June will just be the cherry on top. This shutdown is going to cascade through the industry, of course. Parts suppliers, etc. will also have to shut down or scale back. And I don't know if nine weeks will be enough to clear the market of the inventory glut. Maybe for the trucks, but not for the shitty little Cobalts and Aveos.

    I'm guessing July will be a great time to buy a GM product, after they slash prices and throw out all manner of incentives to clear inventory.
  10. TheSportsPredictor

    TheSportsPredictor Well-Known Member

    By nine weeks, do you mean 11 or 12 weeks?

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