Re: GM-Chrysler Merger Talks to Intensify After Election

[Spicemanii@xxxxxxx]

Now, ask yourself, do I have any foreign cars? Even if assembled here, the money still goes out of country. I give no crap on gas mileage or longivity, because I only see old American cars still going, not econo foreign crap. Think about this for a second or two, If it gets good mileage, it does not hold its value. If it gets what many call, bad gas mileage, it goes up in value. Obviously their are a few things to also consider, like, muscle or convert or fin ear cars, as these do go up in value. I figure the gas mileage is made up in higher value as I drive them. The other is the repair of an older car in maintenance is lower than the repair of a econo car. Ever check what a trans axle cost to repair? Starter or air conditioner on a newer car? How about the cost of gas compared to blood? I will always take the bigger, heavier American over the loss of blood against a small foreign or American made small car. I win everytime. I could go on, but I love to tinker on my old cars more. later, joe machado


-----Original Message-----
From: Dennis J. <djohn14296@xxxxxxxxx>
To: 1962to1965mopars@xxxxxxxxxx
Sent: Wed, 5 Nov 2008 8:04 am
Subject: RE: GM-Chrysler Merger Talks to Intensify After Election




I know that this not the normal form for this, but it has to do with our 
cars. Think about this, at the present rate, it is very possible that in 
the near future, we may not have an American car maker? If Chrysler goes 
under, GM is likely to follow, how far can Ford be? It is a sad day for 
all Americans if that happens. jm2cw.
Steve Chervinsky wrote:
> 
> I received a note in the mail that Chrysler Financial would no longer
> be the underwriter of the contract of my Dodge Ram, but payments will
> still be made in the name of Chrysler Financial. They are liquidating
> big time!
> 
> On Mon, Nov 3, 2008 at 8:42 PM, Bill Watson <wwatson6@xxxxxxx> wrote:
> >
> >
> > Right now GM owns 49% of GMAC.  Cerberus owns the other 51%.   Which is 
> > why
> > Cerberus is at GM's door - I give you Chrysler, you give us 49% of GMAC 
> > -
> > that sort of stuff.
> >
> > And GMAC is not in good shape.  They got into the housing mortgage 
> > market,
> > and I think you can take it from there.   GMAC is presently lining up 
> > for
> > federal mortgage money and wants to change over to a bank classification 
> > to
> > open up a wider source of working capital.
> >
> > Another thought came to mind - what of Chrysler Financial?   What 
> > happens to
> > it?  CF never got into mortgages so it should be doing well.
> >
> > All GM comes away with is a duplicate of itself, on a smaller scale,
> > including dealers they don`t need.  They get the Jeep and Caravan, both 
> > good
> > sellers and moneymakers when the market is good.  Plus a pile of cash 
> > that,
> > hopefully, will cover the bills for less than a year.  All else is a
> > write-off.  Other than the cash there really is nothing there to help GM 
> > in
> > a turnaround situation.
> >
> > Bill
> > Vancouver, BC
> >
> >
> > ----- Original Message ----- From: "Dave Casey" <dcasey@xxxxxxxxxxxxx>
> > To: <1962to1965mopars@xxxxxxxxxx>
> > Sent: Monday, November 03, 2008 1:58 PM
> > Subject: Re: GM-Chrysler Merger Talks to Intensify After Election
> >
> >
> >>
> >> And I don't see how the deal would be very good for GM either. They'll 
> >> be
> >> giving up the one part of the company that makes money - the financing.
> >>
> >> Dave Casey
> >>
> >> ----- Original Message ----- From: "Bill Watson" <wwatson6@xxxxxxx>
> >> To: <1962to1965mopars@xxxxxxxxxx>; <mml@xxxxxxxxxxxxxx>
> >> Sent: Monday, November 03, 2008 3:49 PM
> >> Subject: Re: GM-Chrysler Merger Talks to Intensify After Election
> >>
> >>
> >>>
> >>>
> >>> Obama will not be negotiating anything all by his little ol' lonesome. 
> >>> No
> >>> politician has just as no president has ever written a bill by himself, 
> >>> no
> >>> matter how much he claims the bill is "his".   Obama will meet with 
> >>> whomever
> >>> with a room full of 'experts' in tow.   Just as his campaign promises 
> >>> were
> >>> formulated with assistance with the back room boys, so will any 
> >>> agreements
> >>> he may be able to hammer out in the case of the American auto industry.  
> >>> So
> >>> it matters not how much his experience is or is not. The backroom boys,
> >>> though, that is another matter.  Besides, look at the mess the "experts"
> >>> created with the American auto industry.   Maybe some "inexperience" 
> >>> might
> >>> open some minds and doors.  Including Obama's in the end.
> >>>
> >>> The saddest part of this GM-Chrysler deal is that Chrysler is actually 
> >>> in
> >>> better shape than GM.   Last year GM lost over $38 billion and its 
> >>> October,
> >>> 2008, sales are down 45% compared to last year.   It is still #1 in the 
> >>> U.S.
> >>> as Toyota sales fell 23%.   GM is presently going through a billion 
> >>> dollars
> >>> a month, an improvement of the average $3 billion last year.  On the 
> >>> other
> >>> hand, Chrysler sales are down 25% and the firm lost a little over a 
> >>> billion
> >>> dollars in the first six months of 2008.
> >>>
> >>> As to Chrysler's potential loss of 12,000 jobs, note the person being
> >>> quoted has a personal interest in Chrysler.  Thus no GM figures.  GM is
> >>> presently cutting back employees and closing plants, more than Chrysler 
> >>> has
> >>> in the same period.   Should GM acquire Chrysler, both GM and Chrysler
> >>> employees and factories will be hit.  The 12,000 Chrysler jobs lost will 
> >>> be
> >>> but the tip of the iceburg.
> >>>
> >>> There are people out there who say that Chrysler becoming a part of GM 
> >>> is
> >>> best for the survival of Chrysler.  I just cannot understand how some 
> >>> people
> >>> wander through life with their eyes closed and their ears plugged. This
> >>> "merger" will destroy both Chrysler and the American auto industry. As 
> >>> far
> >>> as I am concerned, GM is a black hole when it comes to money.  If this
> >>> situation occurred fifty years, GM would be considering Chapter 11
> >>> proceedings.
> >>>
> >>> Bill
> >>> Vancouver, BC
> >>>
> >
> >
> > ----
> > Please address private mail -- mail of interest to only one person --
> > directly to that person.  I.e., send parts/car transactions and 
> > negotiations
> > as well as other personal messages only to the intended recipient, not 
> > to
> > the Clubhouse public address. This practice will protect your privacy,
> > reduce the total volume of mail and fine tune the content signal to 
> > Mopar
> > topic.  Thanks!
> >
> > '62 to '65 Mopar Clubhouse Discussion Guidelines:
> > http://www.1962to1965mopar.ornocar.org/mletiq.html.
> >
> >
> >
> 
> 
> 
> -- 
> Steve
> '63 Hemi Polara


----
Please address private mail -- mail of interest to only one person -- directly 
to that person.  I.e., send parts/car transactions and negotiations as well as 
other personal messages only to the intended recipient, not to the Clubhouse 
public address. This practice will protect your privacy, reduce the total volume 
of mail and fine tune the content signal to Mopar topic.  Thanks!

'62 to '65 Mopar Clubhouse Discussion Guidelines:
http://www.1962to1965mopar.ornocar.org/mletiq.html. 



[Non-text portions of this message have been removed]


----
Please address private mail -- mail of interest to only one person -- directly to that person.  I.e., send parts/car transactions and negotiations as well as other personal messages only to the intended recipient, not to the Clubhouse public address. This practice will protect your privacy, reduce the total volume of mail and fine tune the content signal to Mopar topic.  Thanks!

'62 to '65 Mopar Clubhouse Discussion Guidelines:
http://www.1962to1965mopar.ornocar.org/mletiq.html.