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Lancer
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Oregon Coast, USA! or Bohol, Philippines!
Apr 1999 time: 05:24
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I would much rather have bought American, however GM quality is the pits, Crysler, ditto, and Ford screwed me. I had 3 Fords in a row and was a loyal customer, but...I refuse to be screwed and keep prduct loyalty.
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Ted Striker
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United States of America
Jan 1970 time: 21:24
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quote: Originally posted by DanS
You heard it first here. It looks to me like it is.
The company's $300 billion in debt is about to be cut to junk status by the ratings agencies, dramatically raising its cost of money. The market seems to be pricing in something like a bankruptcy, since the market capitalization for the entire company is only $15 billion.
But more importantly, GM's lineup of cars are shitty. I rented a Chevy Malibu over Christmas and it felt like I was getting into a brand new $20,000 piece of trash. Maybe these are very reliable pieces of trash, but there you are.
Does anybody have any countervailing evidence?
When the **** hits the fan, this one's going to be really ugly in the business and political worlds. |
DanS I've been predicting their demise for over 10 years now but for some reason this behemoth seems to float along and even reinvent themselves.
Nobody buys their crap here in Cali (except those annoying Hummers, which are EVERYWHERE), but apparently in the heartland they still sell very well.
Pontiac has had the crappiest quality of all the GM brands, but this year they actually have two good good looking models, the GTO and the Roadster.
Although, these two models both look like "me-too" copies of the Nissan Maxima and the Z.
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