GM retreating into its shell ?

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Punx0r   100 GW

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Re: GM retreating into its shell ?

Post by Punx0r » Feb 20 2020 3:41am

Tesla? :whistle:

boars   100 W

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Re: GM retreating into its shell ?

Post by boars » Feb 20 2020 3:44am

Punx0r wrote:
Feb 20 2020 3:41am
Tesla? :whistle:
Haha are you here all week? Try the veal?

Nice.

Hillhater   100 GW

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Re: GM retreating into its shell ?

Post by Hillhater » Feb 20 2020 5:47am

I guess a loss of $800+m could be considered as “doing well”. .... compared to previous years.l :wink:
Meanwhile, Ford did report a $7.0bn profit .!
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Punx0r   100 GW

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Re: GM retreating into its shell ?

Post by Punx0r » Feb 20 2020 1:33pm

https://en.m.wikipedia.org/wiki/List_of ... and_losses

GM have three places in the top 11 of largest annual losses of all time. Tens of billions! :o

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Re: GM retreating into its shell ?

Post by boars » Feb 20 2020 5:51pm

69 billion over the 2 financial years ending 2007/8 ... Wow, that had to hurt.

How anyone can complete with companies losing that sort of money... (Yes, yes bailouts too but not everyone is a favorite that will get those).

This financial year is still in the black for Tesla if I recall correctly, not that it matters.

If Tesla is in red: say how bad they are doing financially.
If Tesla is in the black: say how slowly they are growing and that demand will dry up shortly. The profit will never be big enough anyway.

Amazon confused investors and analysts for years and look at them now... Probably still confusing people. Haha

Hillhater   100 GW

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Re: GM retreating into its shell ?

Post by Hillhater » Feb 20 2020 6:09pm

boars wrote:
Feb 20 2020 5:51pm

If Tesla is in red: say how bad they are doing financially.
? I did.....2019 result was a loss of $800+m.
Q42019 was a $350 profit
They forcast a profit for 2020...of course ! :wink:
Q4 2019 profit came from O’seas..USA sales were down $2bn from Q3 ??
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AussieRider   100 W

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Re: GM retreating into its shell ?

Post by AussieRider » Feb 20 2020 7:23pm

I,m disappointed, but not surprised. A few years ago the most loved Aussie cars were the Ford Falcon & Holden Commodore. Problem was, as popular as they were, the public stopped buying them. Ford respectfullly retired the Falcon. GM rebadged an imported FWD that isn't even built by GM & hoped no one would notice! Holden fans were insulted.
BTW, has anyone else noticed that GM hasn't put the "Holden" name on any vehicles for 20 years? Go on, walk around any 21st century "Holden" , even look around inside. How many times does the name ( not the logo ) appears?. None!

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stan.distortion   100 W

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Re: GM retreating into its shell ?

Post by stan.distortion » Feb 21 2020 5:17am

Aren't Holdens considered a national icon in that part of the world, the kind of car that can take a bit of rust without the daylight showing through? Tell your bloody government that GM can do whatever the hell it wants but Australia is keeping Holden. Guinness used to be like that here in Ireland, a national institution and then they where sold off to some multinational pisswater conglomerate. If no one from Ireland was willing to buy it then the state should have stepped in, fxing potato republic :/

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Re: GM retreating into its shell ?

Post by Hillhater » Feb 23 2020 12:40am

AussieRider wrote:
Feb 20 2020 7:23pm
BTW, has anyone else noticed that GM hasn't put the "Holden" name on any vehicles for 20 years? Go on, walk around any 21st century "Holden" , even look around inside. How many times does the name ( not the logo ) appears?. None!
AussieRider
Hold on there maaaaate !..
Lots of Ozzies will have seen these at the weekend 1 :wink:
Image
Doesnt that count ? :lol:
But , yes an interesting point !
And ironic that the one car with the name “writ Large”. Is a german designed, PSA owned/built, model. !! :evil:
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Re: GM retreating into its shell ?

Post by AussieRider » Feb 26 2020 1:51am

Yeah HH, you got me there.... Sort of. It's got the "Holden" name on it, but no "Holden" parts. Chassis is custom, sorta like a NASCAR stocker, engine is Chevy, drivetrain, ZF race, suspension is Bilstein ( I think ) & body panels are Opel.
No Holden in there mate.
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Hillhater   100 GW

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Re: GM retreating into its shell ?

Post by Hillhater » Feb 26 2020 7:05am

Yep !... we havnt had a proper “Holden” since 2017.
...just rebadged models from other manufacturers
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