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Chevrolet says, "No more."
Chevrolet says, "No more."
http :// www .thatsracin,com /topstories/story/16193.html
N.
http :// www .thatsracin,com /topstories/story/16193.html
N.
Re: Chevrolet says, "No more."
Nancy2 wrote:
> http :// www .thatsracin,com /topstories/story/16193.html
>
>
>
> N.
Yeah, a sign of the times and troubles at GM. Let's hope its not the
first domino.
Nancy2 wrote:
> http :// www .thatsracin,com /topstories/story/16193.html
>
>
>
> N.
Yeah, a sign of the times and troubles at GM. Let's hope its not the
first domino.
Re: Chevrolet says, "No more."
On Thu, 03 Jul 2008 17:17:58 -0500, Peaceful Bill
<snails.pace@highspeedturtles,net > wrote:
>Nancy2 wrote:
>> http :// www .thatsracin,com /topstories/story/16193.html
>>
>>
>>
>> N.
>
>Yeah, a sign of the times and troubles at GM. Let's hope its not the
>first domino.
First domino?
Lets see....
{Expert economists Darrel Waltrip and Dale Jarrett listen up!}
1. They are saddled with a horrible UAW contract for current and
retired employees and have been in denail about this for some time.
The retireee health burden is one of the worst in any industry
2. The spun off Delphi and tried to let them go bankrupt to buy some
time
3. They sold off half of GMAC to try and be more liquid but GMAC's
credit ratings are linked to GM's and are attached to the GM anchor
4. Their stock is at a 54 year low
5. They are actually building very reliable cars unlike the junk of
the past but perspective buyers are skeptical that GM will be in
business so they are buying Camrys instead of Impalas
Thank you UAW
According to DW and DJ and the other talking heads, "Toyota employs
people" so it's OK to pull for a foreign make in NA$CAR. What about
the people who will be affected by a GM bankruptcy? Huh DJ, DW?
On Thu, 03 Jul 2008 17:17:58 -0500, Peaceful Bill
<snails.pace@highspeedturtles,net > wrote:
>Nancy2 wrote:
>> http :// www .thatsracin,com /topstories/story/16193.html
>>
>>
>>
>> N.
>
>Yeah, a sign of the times and troubles at GM. Let's hope its not the
>first domino.
First domino?
Lets see....
{Expert economists Darrel Waltrip and Dale Jarrett listen up!}
1. They are saddled with a horrible UAW contract for current and
retired employees and have been in denail about this for some time.
The retireee health burden is one of the worst in any industry
2. The spun off Delphi and tried to let them go bankrupt to buy some
time
3. They sold off half of GMAC to try and be more liquid but GMAC's
credit ratings are linked to GM's and are attached to the GM anchor
4. Their stock is at a 54 year low
5. They are actually building very reliable cars unlike the junk of
the past but perspective buyers are skeptical that GM will be in
business so they are buying Camrys instead of Impalas
Thank you UAW
According to DW and DJ and the other talking heads, "Toyota employs
people" so it's OK to pull for a foreign make in NA$CAR. What about
the people who will be affected by a GM bankruptcy? Huh DJ, DW?
Re: Chevrolet says, "No more."
Mike Smith <mike_z@excite,com > wrote in
news:24vs64514t108u7o5crjnkigbn7d0m02fl@4ax,com :
> 5. They are actually building very reliable cars unlike the junk of
> the past but perspective buyers are skeptical that GM will be in
> business so they are buying Camrys instead of Impalas
NASCAR ntowithstanding, the Chevy competitor to the Camry is
the Malibu, of which GM is selling as many as they can make.
John
Mike Smith <mike_z@excite,com > wrote in
news:24vs64514t108u7o5crjnkigbn7d0m02fl@4ax,com :
> 5. They are actually building very reliable cars unlike the junk of
> the past but perspective buyers are skeptical that GM will be in
> business so they are buying Camrys instead of Impalas
NASCAR ntowithstanding, the Chevy competitor to the Camry is
the Malibu, of which GM is selling as many as they can make.
John
Re: Chevrolet says, "No more."
Mike Smith wrote:
> On Thu, 03 Jul 2008 17:17:58 -0500, Peaceful Bill
> <snails.pace@highspeedturtles,net > wrote:
>
>> Nancy2 wrote:
>>> http :// www .thatsracin,com /topstories/story/16193.html
>>>
>>>
>>>
>>> N.
>>
>> Yeah, a sign of the times and troubles at GM. Let's hope its not the
>> first domino.
>
> First domino?
>
> Lets see....
>
> {Expert economists Darrel Waltrip and Dale Jarrett listen up!}
>
> 1. They are saddled with a horrible UAW contract for current and
> retired employees and have been in denail about this for some time.
> The retireee health burden is one of the worst in any industry
GM got the union to accept a VEBA, so this is no longer an issue.
...nevermind that they've already instituted a two-tier wage schedule
that will, for all real purposes, slice the wage load in half within a few years.
Any fingers pointing at the union contract are highlighting a strawman.
>
> 2. The spun off Delphi and tried to let them go bankrupt to buy some
> time
>
> 3. They sold off half of GMAC to try and be more liquid but GMAC's
> credit ratings are linked to GM's and are attached to the GM anchor
>
> 4. Their stock is at a 54 year low
*That* is a factor.
...but as was said in the article you posted elsewhere;
That raises a point made by a fellow--you will see why he doesn't
want his name mentioned--in the GM dealer organization:
"I can't really believe," he says, "that the people who got GM into
this mess are going to be the people who can get GM out."
>
> 5. They are actually building very reliable cars unlike the junk of
> the past but perspective buyers are skeptical that GM will be in
> business so they are buying Camrys instead of Impalas
>
> Thank you UAW
Yeah,...that must be it.
>
> According to DW and DJ and the other talking heads, "Toyota employs
> people" so it's OK to pull for a foreign make in NA$CAR. What about
> the people who will be affected by a GM bankruptcy? Huh DJ, DW?
...as if the workers are rolling in it.
Follow the "real" money.
...but I digress.
Bottom line is I can't see any of the domestic maufacturers being
able to afford to dump piles of money into any racing efforts
that can't turn around buyers' perceptions.
The well's gonna go dry toot-sweet.
Mike Smith wrote:
> On Thu, 03 Jul 2008 17:17:58 -0500, Peaceful Bill
> <snails.pace@highspeedturtles,net > wrote:
>
>> Nancy2 wrote:
>>> http :// www .thatsracin,com /topstories/story/16193.html
>>>
>>>
>>>
>>> N.
>>
>> Yeah, a sign of the times and troubles at GM. Let's hope its not the
>> first domino.
>
> First domino?
>
> Lets see....
>
> {Expert economists Darrel Waltrip and Dale Jarrett listen up!}
>
> 1. They are saddled with a horrible UAW contract for current and
> retired employees and have been in denail about this for some time.
> The retireee health burden is one of the worst in any industry
GM got the union to accept a VEBA, so this is no longer an issue.
...nevermind that they've already instituted a two-tier wage schedule
that will, for all real purposes, slice the wage load in half within a few years.
Any fingers pointing at the union contract are highlighting a strawman.
>
> 2. The spun off Delphi and tried to let them go bankrupt to buy some
> time
>
> 3. They sold off half of GMAC to try and be more liquid but GMAC's
> credit ratings are linked to GM's and are attached to the GM anchor
>
> 4. Their stock is at a 54 year low
*That* is a factor.
...but as was said in the article you posted elsewhere;
That raises a point made by a fellow--you will see why he doesn't
want his name mentioned--in the GM dealer organization:
"I can't really believe," he says, "that the people who got GM into
this mess are going to be the people who can get GM out."
>
> 5. They are actually building very reliable cars unlike the junk of
> the past but perspective buyers are skeptical that GM will be in
> business so they are buying Camrys instead of Impalas
>
> Thank you UAW
Yeah,...that must be it.
>
> According to DW and DJ and the other talking heads, "Toyota employs
> people" so it's OK to pull for a foreign make in NA$CAR. What about
> the people who will be affected by a GM bankruptcy? Huh DJ, DW?
...as if the workers are rolling in it.
Follow the "real" money.
...but I digress.
Bottom line is I can't see any of the domestic maufacturers being
able to afford to dump piles of money into any racing efforts
that can't turn around buyers' perceptions.
The well's gonna go dry toot-sweet.
Re: Chevrolet says, "No more."
"Nancy2" <nancy-dooley@uiowa.edu> wrote in message
news:b8b469a5-cf0c-4b09-b3f5-11d4a17a1d54@y21g2000hsf.googlegroups,com ...
> http :// www .thatsracin,com /topstories/story/16193.html
>
>
>
> N.
Yer Subject line is a bit misleading...reducing signage at tracks and
dropping pace cars (and driver intro pick-em-ups?) prolly doesn't come close
to the amount they pass on to the Chevy race teeams.
Maybe a sop to appease the Board?
--
Tom in Bristol...if it even happens.
----== Posted via Pronews,com - Unlimited-Unrestricted-Secure Usenet News==----
http :// www .pronews,com The #1 Newsgroup Service in the World! >100,000 Newsgroups
---= - Total Privacy via Encryption =---
"Nancy2" <nancy-dooley@uiowa.edu> wrote in message
news:b8b469a5-cf0c-4b09-b3f5-11d4a17a1d54@y21g2000hsf.googlegroups,com ...
> http :// www .thatsracin,com /topstories/story/16193.html
>
>
>
> N.
Yer Subject line is a bit misleading...reducing signage at tracks and
dropping pace cars (and driver intro pick-em-ups?) prolly doesn't come close
to the amount they pass on to the Chevy race teeams.
Maybe a sop to appease the Board?
--
Tom in Bristol...if it even happens.
----== Posted via Pronews,com - Unlimited-Unrestricted-Secure Usenet News==----
http :// www .pronews,com The #1 Newsgroup Service in the World! >100,000 Newsgroups
---= - Total Privacy via Encryption =---
Re: Chevrolet says, "No more."
Tom Duwe wrote:
> "Nancy2" <nancy-dooley@uiowa.edu> wrote in message
> news:b8b469a5-cf0c-4b09-b3f5-11d4a17a1d54@y21g2000hsf.googlegroups,com ...
>> http :// www .thatsracin,com /topstories/story/16193.html
>>
>>
>>
>> N.
>
> Yer Subject line is a bit misleading...reducing signage at tracks and
> dropping pace cars (and driver intro pick-em-ups?) prolly doesn't
> come close to the amount they pass on to the Chevy race teeams.
>
> Maybe a sop to appease the Board?
That'd be my (semi-insider) guess.
It'll eventually morph into a complete lack of funds.
Soon.
First they take the signs down, then they bulldoze the plant.
Tom Duwe wrote:
> "Nancy2" <nancy-dooley@uiowa.edu> wrote in message
> news:b8b469a5-cf0c-4b09-b3f5-11d4a17a1d54@y21g2000hsf.googlegroups,com ...
>> http :// www .thatsracin,com /topstories/story/16193.html
>>
>>
>>
>> N.
>
> Yer Subject line is a bit misleading...reducing signage at tracks and
> dropping pace cars (and driver intro pick-em-ups?) prolly doesn't
> come close to the amount they pass on to the Chevy race teeams.
>
> Maybe a sop to appease the Board?
That'd be my (semi-insider) guess.
It'll eventually morph into a complete lack of funds.
Soon.
First they take the signs down, then they bulldoze the plant.
Re: Chevrolet says, "No more."
On Thu, 3 Jul 2008 22:55:03 -0400, "YooperBoyka" <cjdont@likeno.spam>
wrote:
>Tom Duwe wrote:
>> "Nancy2" <nancy-dooley@uiowa.edu> wrote in message
>> news:b8b469a5-cf0c-4b09-b3f5-11d4a17a1d54@y21g2000hsf.googlegroups,com ...
>>> http :// www .thatsracin,com /topstories/story/16193.html
>>>
>>>
>>>
>>> N.
>>
>> Yer Subject line is a bit misleading...reducing signage at tracks and
>> dropping pace cars (and driver intro pick-em-ups?) prolly doesn't
>> come close to the amount they pass on to the Chevy race teeams.
>>
>> Maybe a sop to appease the Board?
>
>That'd be my (semi-insider) guess.
>It'll eventually morph into a complete lack of funds.
>Soon.
>First they take the signs down, then they bulldoze the plant.
This was written in 2006...
http :// money.cnn,com /magazines/fortune/fortune_archive/2006/02/20/8369111/index.htm
On Thu, 3 Jul 2008 22:55:03 -0400, "YooperBoyka" <cjdont@likeno.spam>
wrote:
>Tom Duwe wrote:
>> "Nancy2" <nancy-dooley@uiowa.edu> wrote in message
>> news:b8b469a5-cf0c-4b09-b3f5-11d4a17a1d54@y21g2000hsf.googlegroups,com ...
>>> http :// www .thatsracin,com /topstories/story/16193.html
>>>
>>>
>>>
>>> N.
>>
>> Yer Subject line is a bit misleading...reducing signage at tracks and
>> dropping pace cars (and driver intro pick-em-ups?) prolly doesn't
>> come close to the amount they pass on to the Chevy race teeams.
>>
>> Maybe a sop to appease the Board?
>
>That'd be my (semi-insider) guess.
>It'll eventually morph into a complete lack of funds.
>Soon.
>First they take the signs down, then they bulldoze the plant.
This was written in 2006...
http :// money.cnn,com /magazines/fortune/fortune_archive/2006/02/20/8369111/index.htm
Re: Chevrolet says, "No more."
"Tom Duwe" <tomd88SPAMLESS@bvunet,net > wrote in
news:1215128235_11606@isp.n:
> "Nancy2" <nancy-dooley@uiowa.edu> wrote in message
> news:b8b469a5-cf0c-4b09-b3f5-11d4a17a1d54@y21g2000hsf.googlegroups,com .
> ..
>> http :// www .thatsracin,com /topstories/story/16193.html
>
> Yer Subject line is a bit misleading...reducing signage at tracks and
> dropping pace cars (and driver intro pick-em-ups?) prolly doesn't come
> close to the amount they pass on to the Chevy race teeams.
>
> Maybe a sop to appease the Board?
I would guess no-one up top pays anywhere near that close attention
to it. More likely the word came down "cut the budget 10%", and
someone in the middle decided that it would be easier to get 10%
by cutting all race sponsorships and leave other stuff alone,
rather taking a bit from here and a bit from there.
Or, maybe this is just the tip of the iceberg. We'll know
eventually.
John
"Tom Duwe" <tomd88SPAMLESS@bvunet,net > wrote in
news:1215128235_11606@isp.n:
> "Nancy2" <nancy-dooley@uiowa.edu> wrote in message
> news:b8b469a5-cf0c-4b09-b3f5-11d4a17a1d54@y21g2000hsf.googlegroups,com .
> ..
>> http :// www .thatsracin,com /topstories/story/16193.html
>
> Yer Subject line is a bit misleading...reducing signage at tracks and
> dropping pace cars (and driver intro pick-em-ups?) prolly doesn't come
> close to the amount they pass on to the Chevy race teeams.
>
> Maybe a sop to appease the Board?
I would guess no-one up top pays anywhere near that close attention
to it. More likely the word came down "cut the budget 10%", and
someone in the middle decided that it would be easier to get 10%
by cutting all race sponsorships and leave other stuff alone,
rather taking a bit from here and a bit from there.
Or, maybe this is just the tip of the iceberg. We'll know
eventually.
John
Re: Chevrolet says, "No more."
In article John McCoy <igopogo@ix,net com,com > wrote:
>"Tom Duwe" <tomd88SPAMLESS@bvunet,net > wrote in
>> Maybe a sop to appease the Board?
>I would guess no-one up top pays anywhere near that close attention
>to it. More likely the word came down "cut the budget 10%",
>John
Or 75%..........
ouch.
Dan
****************************************
When people say, 'can I ask you a question?',
you really don't have much of a choice...
In article John McCoy <igopogo@ix,net com,com > wrote:
>"Tom Duwe" <tomd88SPAMLESS@bvunet,net > wrote in
>> Maybe a sop to appease the Board?
>I would guess no-one up top pays anywhere near that close attention
>to it. More likely the word came down "cut the budget 10%",
>John
Or 75%..........
ouch.
Dan
****************************************
When people say, 'can I ask you a question?',
you really don't have much of a choice...
Re: Chevrolet says, "No more."
Nancy2 wrote:
> http :// www .thatsracin,com /topstories/story/16193.html
It comes down to return on investment. NASCAR is sinking like a rock
and Chevy doesn't see as much benefit in spending precious advertising
dollars in a venue that is on the wane. Maybe NASCAR can get Nissan or
Honda to fill the gap. It would go right along with baby France's
mentality.
Nancy2 wrote:
> http :// www .thatsracin,com /topstories/story/16193.html
It comes down to return on investment. NASCAR is sinking like a rock
and Chevy doesn't see as much benefit in spending precious advertising
dollars in a venue that is on the wane. Maybe NASCAR can get Nissan or
Honda to fill the gap. It would go right along with baby France's
mentality.
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