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GM stock is at a 54 year low, the lowest its been in my life.. wow

Strikes at GM's largest axle supplier and two of its own plants trimmed production in the region 27 percent last quarter

GM probably won't drop its Cadillac and Chevrolet brand names, the newspaper said. But GM is considering whether to drop some of its

eight brands, which include Buick, Saturn and Saab

GM has plunged 59 percent this year This is a sad day for me

Pre-1995 - DTC codes OBD1  >>

1996 and newer - DTC codes OBD2 >> https://www.obd-codes.com/trouble_codes/gm/obd_codes.htm

How to check for codes Caddyinfo How To Technical Archive >> http://www.caddyinfo.com/wordpress/cadillac-how-to-faq/

Cadillac History & Specifications Year by Year  http://www.motorera.com/cadillac/index.htm

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Watching this happen over the years hasn't exactly been like watching a train wreck but there are a lot of decisions that put them in this corner, and not outfits like Renault or Nissan. GM isn't alone; Chrysler has been bailed out three times since the 1950's and Ford is in even deeper trouble. The problem with GM is that their plan is for return to profitability in 2011 but not enough cash to get there, and with the stock crash, raising money isn't a very good option, so that leaves them with downsizing. Here are some of the things we have all seen over the last couple of decades from GM, Ford, and Chrysler:

THE GOOD

  • Chevrolet has the Aveo, a gas mileage leader.
  • Chevrolet and Pontiac have several cars with excellent fuel economy.
  • GM is leading the way with the Volt.
  • GM has co-developed large-car hybrid systems with BMW and others.
  • A program of innovation and customer responsiveness has positioned Cadillac as an industry leader and innovator.
  • GM has gone global in a big way with assembly plants in China, Europe, Australia and elsewhere.

THE BAD

  • GM has an acceptable selection of economical entry-level cars but not a comprehensive lineup.
  • The profitability of GM has leaned more and more heavily on trucks and SUVs while the Middle East and OPEC has become less and less stable since about 1990 while China, India and others ramp up their oil consumption.

THE UGLY

  • GM had no "worst case" financial plan in place, even though the clouds have been gathering for over 15 years.
  • GM is truly publicly traded, not closely held in actuality like Ford and most foreign marques. If the stock goes through the floor they can be bought by Lockheed-Martin, GE, or even Microsoft.
  • New Model design points have been determined to optimize company profits as opposed to customer desires and satisfaction, a strategy that has been known to be self-defeating since the 1950's.
  • Entry level models have been consigned to commodity designs as opposed to leadership symbols, which fails to grow the next generation of brand-loyal customers. There are a few exceptions to this like the Quad 4 powered models of the 1980's, the Pontiac Solstace and Saturns but not enough.

CTS-V_LateralGs_6-2018_tiny.jpg
-- Click Here for CaddyInfo page on "How To" Read Your OBD Codes
-- Click Here for my personal page to download my OBD code list as an Excel file, plus other Cadillac data
-- See my CaddyInfo car blogs: 2011 CTS-V, 1997 ETC
Yes, I was Jims_97_ETC before I changed cars.

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Earlier this year one of the folk at Stansberry Research flatly said GM would see bankruptcy before it would see 2009. Despite the compelling numbers he presented I thought the guy had "lost it."

What a difference a few months make.

Regards,

Warren

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There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. - Ludwig von Mises

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I've been saying to drop SAAB for the longest.Born from Jets.What a joke!

Who wants to buy an ugly car that was born from jets?

GM has to concentrate on making small SUV's like Honda and Toyota,and to try to sell overseas as much as possible.

They have to concentrate on making more efficient cars and SUV's and sell them inEurope.

Florin

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Earlier this year one of the folk at Stansberry Research flatly said GM would see bankruptcy before it would see 2009. Despite the compelling numbers he presented I thought the guy had "lost it."

What a difference a few months make.

Regards,

Warren

I'll be paying closer attention to his calls in the future.

Regards,

Warren

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There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. - Ludwig von Mises

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When UAL declared chapter 11 and dumped their pension on the PBGC, it was the largest pension plan they ever had to guarantee. If GM does it, it will make UAL's look like peanuts and place the PBGC in a very precarious position. A lot of GM's retiree's and workers will be in for a BIG surprise.

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