Comments on: Bailout the car makers?

By: Rene'

Rene' — Fri, 29 May 2009 14:59:20 +0000

Why a bail-out?

Follow the money.
If governments don’t bail-out the automobile industry – tax revenues will decline and that would be (in their mind) unacceptable.
They don’t give a spit about auto workers or anyone else for that matter. It’s tax reduction and their personal coffers they worry about.
It’s always about the money…

By: Alex

Alex — Tue, 27 Jan 2009 17:24:31 +0000

I agree with you completely. The reason why Toyota surpassed GM (8.97M v.s 8.35M)in number of vehicles sold is because they make a better more reliable car! Chrysler makes shitty cars always have always will its so time for them to go bankrupt. Besides last year there were 34M cars that were built but didn’t sell!!! its time to wake up and stop flooding the market with cars nobody wants. Honda Toyota V-W they’re the way of the future. So save tax payers money for green infrastructure plans and let the makers of the ugliest car on the road (pt-cruiser learn an important lesson!

By: Rick

Rick — Thu, 11 Dec 2008 04:32:34 +0000

ENOUGH of THIS !!! if Korea can make cars I’m sure Canada can too.
nevermind General Motors, how about Canada Motors.
First, start with consumer cars and lets just BUILD modern Electric Vehicles \ Alternative Fuel Vehicles, \ … and mass produce them all. !? Jobs ? uhhmm and look at the jobs that would create for potential canadian skilled workers’.
Do we need Americans’ permission? Heck, they might even like having better “alternatives” than what their own BIG 3 have been giving them -as in the same basic gas-guzzling junk since the seventies.
In fact, it may just smartin’ those wet-brained auto-execs up to atleast the point of building “BETTER” vehicles again !!!
All of today’s car makers are just puppets for their “executive” OIL\Energy Companies. -we know that right ?

But handing taxpayers money to bailout a few greedy american auto execs down south ??????????!!!

‘comon’ Canada, wake up !!!

By: DonaldJ

DonaldJ — Tue, 09 Dec 2008 21:28:33 +0000

American auto industry say they are losing millions of dollars per day.. when it is that they aren’t robbing as much from the masses as they are accustomed to… American cars shouldn’t be 30-grand… they should be 2-grand… They last only five years before things start to fall apart and off them… They aren’t worth 2-grand… They are getting as much for a new car as houses sell for in small cities and large towns… They are part of what’s destroying the economy… All they care about is their damn private executive economy… Their pricing has made it so most people can’t afford a new car in their lifetimes… We get the garbage cars the lucky ones toss-out, after they’ve almost destroyed them… The price of new parts forces us to buy our parts from the car dumps… The car companies have treated us like s— for decades.. Why the h— should the Public’s money be used to treat the car companies like royalty, when the car companies are nothing but … cheapskate parasitic-bullies..?

By: gleeden

gleeden — Thu, 04 Dec 2008 17:49:49 +0000

I have had 3 Toyota’s, kept the first 2 for 7 years, have had the current one 13 years. Cars are lasting longer which means there are fewer cars needed. Why bail-out all companies? Two have stated they can not survive: let them go broke. That will help the third one (Ford) survive and we may end up with a viable car industry. GM had a plant in Fremont, CA, where they could not built cars because of “the workers”. Toyota re-opened the plant and with the same workers builds cars that sell and last.

By: mit

mit — Wed, 19 Nov 2008 23:07:23 +0000

So the governments give foreign automakers billions to build new plants causing an overcapacity in the market and now they say – sorry big 3 – we can’t loan you some money?