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#1
posted to rec.boats
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"Vic Smith" wrote in message ... If GM goes belly up, I wonder how that will affect Canada. Haven't seen anything about this. Seem like some - maybe all - of the best-selling GM vehicles are made in Canada. Here's some: Buick Allure and Buick LaCrosse Chevrolet Equinox Chevrolet Impala Chevrolet Monte Carlo Chevrolet Silverado and GMC Sierra Pontiac Grand Prix Pontiac Montana SV6 Pontiac Torrent General Motors of Canada Ltd is owned by GM of Detroit. If that is sold to Canadians, there may not be a serious interruption of much of GM vehicle production. I think the Impala is a top-seller after the pickups. Was laughing with the wife a couple days ago at all the Impalas that were passing us on I-55. It was by far the most common car we saw on a 5600 mile trip. As I said once before, I consider Canadian-built cars "Foreign." Believe my Lumina is Canada-built. Bought it used, but I still don't like that. Just don't care for Caddies. If I were to buy new, it would have to be U.S-built. BTW, I know the difficulty of finding out what is U.S. sourced, as I watched Wall Street interests lobby and succeed at removing country of origin labeling during the pat two decades or so. You guys know some of your foodstuffs are coming from China, right? Wonder how the CAW wages are, and if General Motors of Canada Ltd has an advantage due to the national health care up there. Lots of interesting twists and turns not apparent in most discussions going on here. What I think, and I still don't see anybody seriously addressing it, is that a country can't consume more than it produces without sliding downhill. It was interesting that while the article Eisboch recently posted rightly pointed out the recent economic meltdown can easily be traced to Clinton policies, and likewise mentioned trade deficit increases as a contributing factor, they were too busy pointing fingers at Clinton to the heart of the matter, which are the trade deficits. That's what led to excessive borrowing. "You can't consume more than you produce." They just don't get it, and still believe the Reagan-era bull**** about Wall Street "creating" wealth. Workers create wealth. Wall street just moves it around. Chinese workers are creating wealth, and they will soon call in the American IOU's. The free ride is over. Socialism won't be fun. But until we get our factories going again, that's what we'll have. A damn welfare state. Thank you Ronald Reagan, Bill Clinton, GW Bush, Wall Street, and consumers who didn't think buying American mattered. --Vic We're hearing a lot of the same scare rumours that you do. Our auto industry is centralized in Ontario and Quebec...where about half the country and votes reside. GM/Ford/Chrysler will get soething no doubt. http://www.ctv.ca/servlet/ArticleNew...116?hub=Canada BTW total auto sales in canada rose slightly in September due to a big increase for Toyota. This is odd because you can't get a deal from them. Even in this unsure financial climate, a local salesman said Toyota Canada wasn't offering incentives to clear the left over '08 stock... but the dealer would drop the price by $500.00. I almost laughed in his face.... |
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#2
posted to rec.boats
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On Sun, 16 Nov 2008 19:08:51 -0400, "Don White"
wrote: BTW total auto sales in canada rose slightly in September due to a big increase for Toyota. This is odd because you can't get a deal from them. Even in this unsure financial climate, a local salesman said Toyota Canada wasn't offering incentives to clear the left over '08 stock... but the dealer would drop the price by $500.00. I almost laughed in his face.... I posted to rec.autos.gm about this, and a Cannuck who works at the Oshawa plant said Impala sales were actually up. I saw a slew of them on a recent road trip. Much is up in the air, and nobody has a clue what will happen. Maybe that's a good thing. --Vic |
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#3
posted to rec.boats
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Vic Smith wrote:
On Sun, 16 Nov 2008 19:08:51 -0400, "Don White" wrote: BTW total auto sales in canada rose slightly in September due to a big increase for Toyota. This is odd because you can't get a deal from them. Even in this unsure financial climate, a local salesman said Toyota Canada wasn't offering incentives to clear the left over '08 stock... but the dealer would drop the price by $500.00. I almost laughed in his face.... I posted to rec.autos.gm about this, and a Cannuck who works at the Oshawa plant said Impala sales were actually up. I saw a slew of them on a recent road trip. Much is up in the air, and nobody has a clue what will happen. Maybe that's a good thing. --Vic If you needed a new car right now, would you buy one from a company teetering on the brink? |
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#4
posted to rec.boats
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On Sun, 16 Nov 2008 18:33:11 -0500, Boater
wrote: Vic Smith wrote: On Sun, 16 Nov 2008 19:08:51 -0400, "Don White" wrote: BTW total auto sales in canada rose slightly in September due to a big increase for Toyota. This is odd because you can't get a deal from them. Even in this unsure financial climate, a local salesman said Toyota Canada wasn't offering incentives to clear the left over '08 stock... but the dealer would drop the price by $500.00. I almost laughed in his face.... I posted to rec.autos.gm about this, and a Cannuck who works at the Oshawa plant said Impala sales were actually up. I saw a slew of them on a recent road trip. Much is up in the air, and nobody has a clue what will happen. Maybe that's a good thing. --Vic If you needed a new car right now, would you buy one from a company teetering on the brink? Since I never buy new cars, I can't really say. Probably not. But I have a very strong feeling GM will be around a long time, in some form. Too big to die. --Vic |
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#5
posted to rec.boats
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Vic Smith wrote:
On Sun, 16 Nov 2008 18:33:11 -0500, Boater wrote: Vic Smith wrote: On Sun, 16 Nov 2008 19:08:51 -0400, "Don White" wrote: BTW total auto sales in canada rose slightly in September due to a big increase for Toyota. This is odd because you can't get a deal from them. Even in this unsure financial climate, a local salesman said Toyota Canada wasn't offering incentives to clear the left over '08 stock... but the dealer would drop the price by $500.00. I almost laughed in his face.... I posted to rec.autos.gm about this, and a Cannuck who works at the Oshawa plant said Impala sales were actually up. I saw a slew of them on a recent road trip. Much is up in the air, and nobody has a clue what will happen. Maybe that's a good thing. --Vic If you needed a new car right now, would you buy one from a company teetering on the brink? Since I never buy new cars, I can't really say. Probably not. But I have a very strong feeling GM will be around a long time, in some form. Too big to die. --Vic You mean, like a boat company that has gone under? Someone buys the name after the company has gone teats up? |
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#6
posted to rec.boats
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On Sun, 16 Nov 2008 18:41:46 -0500, Boater
wrote: Since I never buy new cars, I can't really say. Probably not. But I have a very strong feeling GM will be around a long time, in some form. Too big to die. --Vic You mean, like a boat company that has gone under? Someone buys the name after the company has gone teats up? All kinds of possibilities. Might keep the name GM after reorg, or change it ala IH becoming Navistar or some such. Bottom line is there will always be a Chevy. --Vic |
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#7
posted to rec.boats
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"Vic Smith" wrote in message ... On Sun, 16 Nov 2008 18:41:46 -0500, Boater wrote: Since I never buy new cars, I can't really say. Probably not. But I have a very strong feeling GM will be around a long time, in some form. Too big to die. --Vic You mean, like a boat company that has gone under? Someone buys the name after the company has gone teats up? All kinds of possibilities. Might keep the name GM after reorg, or change it ala IH becoming Navistar or some such. Bottom line is there will always be a Chevy. --Vic I figure Chrysler or Ford will pick up the brand cheap. |
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#8
posted to rec.boats
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"Boater" wrote in message ... Vic Smith wrote: On Sun, 16 Nov 2008 19:08:51 -0400, "Don White" wrote: BTW total auto sales in canada rose slightly in September due to a big increase for Toyota. This is odd because you can't get a deal from them. Even in this unsure financial climate, a local salesman said Toyota Canada wasn't offering incentives to clear the left over '08 stock... but the dealer would drop the price by $500.00. I almost laughed in his face.... I posted to rec.autos.gm about this, and a Cannuck who works at the Oshawa plant said Impala sales were actually up. I saw a slew of them on a recent road trip. Much is up in the air, and nobody has a clue what will happen. Maybe that's a good thing. --Vic If you needed a new car right now, would you buy one from a company teetering on the brink? Depends on model and price. How much off of invoice? If less than 30% of invoice on a desired model, wouldn't consider it. Also needs to be a high volume model so after market parts are easy. If they don't want to sell it for that, wait until chapter 11 becomes chapter 7 and I will get it for 1/2 price or less. And another 15% off because I will pay in full on delivery, Amex, Visa or cheque. |
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#9
posted to rec.boats
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Canuck57 wrote:
"Boater" wrote in message ... Vic Smith wrote: On Sun, 16 Nov 2008 19:08:51 -0400, "Don White" wrote: BTW total auto sales in canada rose slightly in September due to a big increase for Toyota. This is odd because you can't get a deal from them. Even in this unsure financial climate, a local salesman said Toyota Canada wasn't offering incentives to clear the left over '08 stock... but the dealer would drop the price by $500.00. I almost laughed in his face.... I posted to rec.autos.gm about this, and a Cannuck who works at the Oshawa plant said Impala sales were actually up. I saw a slew of them on a recent road trip. Much is up in the air, and nobody has a clue what will happen. Maybe that's a good thing. --Vic If you needed a new car right now, would you buy one from a company teetering on the brink? Depends on model and price. How much off of invoice? If less than 30% of invoice on a desired model, wouldn't consider it. Also needs to be a high volume model so after market parts are easy. If they don't want to sell it for that, wait until chapter 11 becomes chapter 7 and I will get it for 1/2 price or less. And another 15% off because I will pay in full on delivery, Amex, Visa or cheque. I could only put $6000 down on my credit card. They might me more inclined to take more now. |
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#10
posted to rec.boats
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"DK" wrote in message ... I could only put $6000 down on my credit card. *They might me more* inclined to take more now. "They might me more"??? You gotta quit raiding LoogyTunes private stash. |
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