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GMC halting production

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Tam

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They just announces that GMC is halting production of the VOLT and laying off 1300 workers.

Will Obama stop meddling in the Free market system with tax payer money NOW
 

hypocritexposer

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Try not to get too amped up over this Tam....it's not like it is a huge shock


The public is showing some resistance to buying these electric cars.

Continuing to back these "Green" initiatives sure hertz the taxpayer financially. obama sure is collecting a battery of failures, just before the election.

Something to keep your ion, for sure. Hopefully it doesn't get more revolting than it already is.


Keep us updated and current on this situation, okay Tam
 
A

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Tam said:
They just announces that GMC is halting production of the VOLT and laying off 1300 workers.

Will Obama stop meddling in the Free market system with tax payer money NOW

I'm sure Tam that in your enthusiasm to see the US economy collapse it was just an oversight that you forgot to mention the announcement said it was a temporary halt of production due to overstock....


GM temporarily halts production of Volt

By Keith Laing - 03/02/12 03:39 PM ET

General Motors has temporarily suspended production of its Volt electric car, the company announced Friday.
GM, which is based in Detroit, announced to employees at one of its facilities that it was halting production of the beleaguered electric car for five weeks and temporarily laying off 1,300 employees.



A GM spokesman told The Hill on Friday that production of the Volt would resume April 23.

"We needed to maintain proper inventory and make sure that we continued to meet market demand," GM spokesman Chris Lee said in a telephone interview.

Lee noted that sales of the Volt were higher in February than they were in January, and added that California recently decided to allow the electric car to qualify for High Occupancy Vehicle (HOV) lanes in the state.


"We see positive trends, but we needed to make this market adjustment," he said.
 

Larrry

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Oldtimer said:
I'm sure Tam that in your enthusiasm to see the US economy collapse it was just an oversight that you forgot to mention the announcement said it was a temporary halt of production due to overstock....

Now come on ot , once again you are not to slow that you can't understand about conservatives and the economy. One more timeConservatives do not want the US economy to collapse. We point out that under your idols leadership it will collapse. So with that it seems that you ot are the one who wants the US to collapse since you are promoting policies that are failing right and left, day in day out.
So if you do not see that conservative want the US to prosper then you are a complete fool. I know you won't repeat that garbage because that would only show that you are a fool. You aren't a fool are you? Your respense will answer that question.

A temporary shutdown is a failure on their part because they didn't have a handle on units needed. Stopping and starting production is expensive to say the least. The question is though will they ever really start back up?
 

Tam

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Oldtimer said:
Tam said:
They just announces that GMC is halting production of the VOLT and laying off 1300 workers.

Will Obama stop meddling in the Free market system with tax payer money NOW

I'm sure Tam that in your enthusiasm to see the US economy collapse it was just an oversight that you forgot to mention the announcement said it was a temporary halt of production due to overstock....


GM temporarily halts production of Volt

By Keith Laing - 03/02/12 03:39 PM ET

General Motors has temporarily suspended production of its Volt electric car, the company announced Friday.
GM, which is based in Detroit, announced to employees at one of its facilities that it was halting production of the beleaguered electric car for five weeks and temporarily laying off 1,300 employees.



A GM spokesman told The Hill on Friday that production of the Volt would resume April 23.

"We needed to maintain proper inventory and make sure that we continued to meet market demand," GM spokesman Chris Lee said in a telephone interview.

Lee noted that sales of the Volt were higher in February than they were in January, and added that California recently decided to allow the electric car to qualify for High Occupancy Vehicle (HOV) lanes in the state.


"We see positive trends, but we needed to make this market adjustment," he said.

Is this why they had to halt production due to over supply Oldtimer?

December 12, 2011.Probe of GM's Volt Fires May Be Lengthy .
By SHARON TERLEP and KATE LINEBAUGH
DETROIT—General Motors Co. could be in for a lengthy investigation over why the batteries on several Chevrolet Volt cars caught fire, potentially hurting sales of the plug-in vehicle.

GM repeatedly has said a coolant leak is behind the problem, which caused three of the Volt's lithium-ion batteries to spark or catch fire days or weeks after being damaged in crash tests. GM has said the battery is safe and that the company likely can fix the problem without a major redesign.

But the National Highway Traffic Safety Administration isn't sure that explanation is correct, people familiar with the agency's thinking said.

Meanwhile, GM and its dealers face increasing fallout from the fires. About two dozen Volt owners have taken up GM's offer to buy back their vehicles. And dealers are complaining to GM about the impact on business, worried that they won't be able to sell the cars, which cost $41,000.

"It's a great car but, unfortunately, this hurts peoples' impression," said Todd Capoto, a Chevy dealer in Chittenango, N.Y. "If there's an issue with the battery, it's going to make it difficult to sell. If GM gave me an option, I would return mine until it came up with a solution."

GM has said it will do whatever it takes to resolve the problem. Product chief Mary Barra said last week that it was too soon to know the exact cause of the problem or how to solve it. The company believes it can fix the issue without an overhaul of the battery design.

Federal investigators are looking into whether welded areas around the battery were damaged in the crash and contributed to the fires, according to a memo posted last week on its website. A typical NHTSA probe can take 90 days or longer, though the agency has put the Volt incidents on a fast track.

GM is eager to find a solution. In addition to causing consumer jitters, the Volt has become a lightning rod for critics of GM and of the Obama administration's efforts to push development of electric vehicles.......

snip.

Fires and jittery buyers and LOTS OF TAX PAYER subsidies make for a bad comb. Oldtimer. :roll:
 

TSR

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How is GM doing since the bailout. Is Toyota still the leader, just wondering??
 

Tam

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TSR said:
How is GM doing since the bailout. Is Toyota still the leader, just wondering??

Best and worst used cars

The most reliable models and those to avoid

Consumer Reports magazine: April 2012

Savvy car buyers know that the best way to get the most vehicle for their money is to buy a used car. With the average new car losing 47 percent of its value in the first three years, buying used is an affordable way to get the safety and comfort features you want at a far better price.



The Best of the best list guides you to the 2002 to 2011 models that scored well in our road tests when new and have been consistently reliable over time. Each has achieved multiple years of above-average used-car verdicts (available to subscribers), indicating that owners have had relatively few problems.


Models built by Toyota and Honda dominate the list once again, and many of the best used vehicles are from Asian manufacturers. But high-quality vehicles are available from domestic and European automakers as well.


The Worst of the worst list shows models that have had multiple years of below-average reliability in our survey. It is dominated by vehicles from domestic and European manufacturers, primarily General Motors, which had 8 of the 24 models listed.

Can get a new best worst list than April 2012. :wink:

To listen to Obama rhedoric they are best auto maker in the US but not according to Consumer report.

Here is the report for new cars http://www.consumerreports.org/cro/consumer-reports-magazine/April-2012/top-picks.html



A redesigned, significantly improved Camry Hybrid has helped Toyota capture five of the 10 spots on this year’s Top Picks list. The other Toyotas that made the cut are the Prius hybrid, the Highlander and RAV4 SUVs, and the Sienna minivan. This is the first time since 2003 that one brand has so dominated the list.

In addition to the Camry and Highlander, two other new picks are the Hyundai Sonata and the redesigned Subaru Impreza. The other selections are returning models: the Chevrolet Avalanche, Ford Mustang, and Infiniti G.

Toyota’s ability to maintain its competitive lead among hybrids and SUVs is a big factor in its strong presence on this year’s list. But another factor is today’s weaker minivan field. The current Sienna scored lower in our tests than its predecessor, but the front-wheel-drive version is the only minivan that didn’t have below-average reliability in our latest survey. So it’s the only minivan we recommend.

Our Top Picks are the best all-around models in their categories, chosen from the more than 260 vehicles we’ve recently tested. For car shoppers, they are a great place to start. To find out how other models stack up, see our ratings in our model overviews.


Top Picks must meet our criteria in three areas:


Road test. Each must rank at or near the top of its category in overall test score.


Reliability. Each must have earned an average or better predicted-reliability Rating, based on the problems Consumer Reports subscribers reported on 1.3 million vehicles in our latest Annual Auto Survey.


Safety. Top Picks must perform well if included in crash or rollover tests conducted by the government or the insurance industry.


Each model’s report card shows its overall road-test and predicted-reliability Ratings, as well as its overall fuel economy in our tests. If multiple Ratings are displayed, they apply to different versions of a model. Prices reflect the sticker prices when we bought our test cars. You can find more details on all of the Top Picks in our vehicle ratings.
 

TSR

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My question was regarding sales in America. New car sales shows how a car co. is doing imo.
 

Tam

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TSR said:
My question was regarding sales in America. New car sales shows how a car co. is doing imo.

TSR do you know how to do research on the internet :?

Six of the Top 20 Best-Selling Cars In America from September 2011 wear Detroit badges. There are two Koreans and two Germans. This leaves ten Japanese cars, none of which are the Nissan LEAF. Not that any of the American cars are named Chevrolet Volt. But if you were curious, the LEAF beat the Volt by 308 sales in September and leads the Volt by 3304 sales through the first three quarters of 2011.

Toyota Camry is the top selling Nissan Altima is second Honda Accord is third, Ford Fusion is fourth and Hyundai Sonata is fifth.
 

hypocritexposer

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TSR said:
How is GM doing since the bailout. Is Toyota still the leader, just wondering??


My company will do well too, if you write off all my debts, give tax credits for the vehicles I seel and loan me billions of dollars. :lol:


How much did they pay in taxes on their profits?
 

hypocritexposer

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TSR said:
My question was regarding sales in America. New car sales shows how a car co. is doing imo.


profit per vehicle might lead to longevity.


You were a business major, weren't you?
 
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