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#1
posted to rec.boats
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GM in Canada
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 Disclaimer: Musings only. Might be wrong. Got a C in Eco 101. Mostly because I was working full time. Making goods. |
#2
posted to rec.boats
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GM in Canada
Vic Smith wrote:
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 Disclaimer: Musings only. Might be wrong. Got a C in Eco 101. Mostly because I was working full time. Making goods. I wouldn't mind seeing strict country of origin labels on all imports, and an end to unfettered "free" trade. |
#3
posted to rec.boats
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GM in Canada
On Nov 16, 12:54*pm, Vic Smith
wrote: If GM goes belly up, I wonder how that will affect Canada. *Haven't seen anything about this. It will save Canadian tax payers billions of dollars per year. We are only a small country population wise and have already wasted $756 million or so. We will ultimately benefit if GM dies as then there will be more of a market for Chrysler and Ford. And there is no way Canada can afford to put the whole auto industry on the government welfare programs.Ontario, can't count on them much. The province is running on debt as I write this. They floated billions of dollars in loans already this year and like GM, heading for debtors alley. And it really isn't fair for a worker in 80% of this country to pay for an auto industry that does not exist at all in their province. Jobs will be lost, in fact are already lost. GM can't afford the severance. Even if bailed out, their excessive production and government subsidization will hurt others. People are not going to buy GM cars, I can get better Chrysler or Ford choices even if I am in love with Detroit. Did you know there is more north American domestic content in a Honda Ridgeline than a Ford F150? This is really about CAW/UAW running the companies into the ground and other companies with more savvy management keeping their companies profitable. Now CAW/UAW wants what amounts to a north America Government Motors Tax for the select 1 or 3 CAW/UAW. Unions want government handouts. Smacks of corrupt socialism. ---- Canuck57 - Using a different posting method as my messages on this subject are being filtered via my usual posting methods. Hazards of living in a country where interference of free speach is a right. |
#4
posted to rec.boats
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GM in Canada
On Nov 16, 1:06*pm, Boater wrote:
Vic Smith wrote: 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 Disclaimer: Musings only. *Might be wrong. *Got a C in Eco 101. Mostly because I was working full time. * Making goods. I wouldn't mind seeing strict country of origin labels on all imports, and an end to unfettered "free" trade. If you look closely, and all auto manufacturers do this even through "repackaging" warehouses, they might be assembled in north America but the parts are 50% from elsewhere. In fact many companies like Honda have more NAFTA content than do the Detroit vehicles in the same class. In fact, buying a Honda, Nissan or Toyota imported car these days is hard to do. Tundra I think is Texas, Nissan in Tennessee, Honda Ridgeline in Ontario. Detroit 3 combined is NOT the major emplyment powerhouse they once were. By GM flooding the market with government subsidized vehicles, not only do tax payers not involved in the auto industry hurt, so do other Americans and Canadians that are making their companies PROFITABLE!. Dirty word I know, profit. I learned this with some very detailed research on my last purchase. I bought a F150 because of it's high foreign content. This is CAW/UAW noise to get into the taxpayers pocket. They have zero, and I mean zero intention of being part of the solution. $50 billion isn't going to keep the 3 losers in business for more than a year. You can count on them making this GMT, Government Motors Tax on Canadians and Americans alike for many years to come if they get bailed out. This is corruption and greed gone wild and someone should tell GM (management and union alike), to bad so bad, get out of my face leaches. BTW, leftists in Canada are filtering many of my posts on this, I love Google. |
#5
posted to rec.boats
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GM in Canada
"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.... |
#6
posted to rec.boats
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GM in Canada
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 |
#7
posted to rec.boats
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GM in Canada
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? |
#8
posted to rec.boats
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GM in Canada
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 |
#9
posted to rec.boats
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GM in Canada
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? |
#10
posted to rec.boats
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GM in Canada
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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