> Gladiator wrote:
> what i wanna know is what miracle do they think they can create with 25 billio...ugghh i mean 30 billion..wait..is it 34 now?
they're dumasses who can't do business and will never ever be able to compete with even hyundai in the coming years 
forget about honda and toyota for a second
ummm, they are competing with honda and Toyota..... i think last year, Ford matched Toyota's reliability. they've been doing business for around 100 years..... before this financial crisis, ford and gm has never asked for any money from the government, and Chrysler only did once, and paid off the loan ahead of schedule, so the government gained money from the action.
the 30 plus billion is supposed to do different things for different auto-makers. Ford and GM's main problems are labor costs and banks making it near impossible for people to get loans to buy new cars while very few people can buy new cars without loans... they've fired enough union workers, that once they finish paying them benefits and once banks start loaning people money, they should be profitable. Chrysler is [w00f!] because a non-automaker bought them and then didnt invest enough in R&D, so they are behind the curve. the money for them is really just going to allow them to be attractive for other auto-companies to buy.
also, it takes like 6 years to go from idea, to new porduct in the Car industry. so its not like the auto-makers havent realised problems the last several years in their line-ups, it just takes a long time for any auto-maker to make significant changes.
sKoE )= wrote: