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evok

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Everything posted by evok

  1. Why? and by who exactly?
  2. There is no articulation to the public what an SS is. None. Why have an SS model if there is no advertising to creat a halo image for the sub brand and lesser product. The general public certainly does not care, read or show interest in Dewar-industry quotes. That was the point of the NY Times article. This has nothing to do what you or I know about the SS product. We do not count when the average Joe on the street can not make the connection.
  3. Kirk wants out. That reads like investment CYA 101
  4. The problem for him is that he needs to unload the stock at the low 30's or better. That is the problem. A sign that he is sell stock on the open market will drive down the price. He needs to figure out a way to sell blocks of shares privately. This appears to be such an attempt. With GM not giving a full divended, institutional investors may be hard to come by.
  5. STATE STREET CO... 86,397,253 CAPITAL RESEARC... 80,113,400 BRANDES INVESTM... 61,926,733 SOUTHEASTERN AS... 40,621,300 BARCLAYS GLOBAL... 18,772,804 Tracinda ...... app. 61million shares That is what Kirk is up against unless he can get a back door deal as I have outlined. Make no mistake of Kirks intentions. Apparently he may not have gotten what he wanted from the GMAC deal as was outlined as a possibility by Hogan_Heros a while back.
  6. Regardless of the the potential "Global Motors" deal that reporters and the journalist are speculating on. The underlying solution may be very simple. - The letters filed by GM from Tracinda with the proposal came from Tracinda and not Renault/Nissan. The Tracinda letter to Renault/Nissan state, 'As we recently discussed with Mr. Ghosn, Tracinda believes (key word) that GM, Renault, and Nissa should (Tracinda opinion) explore a three-company partnership-based alliance. This is Tracinda's opinion, not that of Nissan or Renault. Now why would Tracinda propose such a partnership PUBLICALLY? The simple solution is most likely the correct one. Kerkorian is an 80+ year old man and wants out of GM stock. The quick buck he envisioned or whatever his initial intentions did not come to fuition. Remember Kerkorian wanted to buyout Chrysler in the early 90's. I am sure his intentions have not changed with age! Remember the term "unlocking shareholder value"? Shareholder refers to Mr. Kerkorian. By issuing the letter, Tracinda drives up the price of the stock as we have seen. Tracinda already has taken a tax loss on shares sold at a loss which can be carried over for the next few years. Tracinda bought some of those shares back at the low $20s. Tracinda initially purchased their shares at the low 30's. Tracinda can not unload there shares on the open market without an SEC filing notifing the public and thus speculation. Most likely that speculation will be negative driving the share price down further. So how does Tracinda unload their 10% in the company. Sell to either Nissan or Renault. That is the chess game. Now the question are? Does York have the support on the BOD? Does Wagoner have the balls to take on Kirk as Eaton did. Or is there enough sense in the concept of Global Motors that GM is aggreeable to the proposal. Either way, it appears Kirk wants out and his money to boot. Suffice it to say - You will not hear this in the press.
  7. There is a simple solution to that Josh - Don't read my posts. If you find my posts that offensive there is an ignore feature on CG. PS: See my post #35 below in this tread. You might learn a thing or two instead of just being a big mouth.
  8. HuH - I think you confuse master obvious with any "body" with half a brain that can look up stock quotes on yahoo.
  9. This is a game of chess.
  10. Some might argue that GM's product are even more horrible.
  11. You illustrate the point, no one really knows what the SS sub brand is supposed to be about! Chevrolet never told the public what SS stands for.
  12. Since your University Education lacked any studies on the US Constitution, I will take two minutes and give you a quick study. There is 1 Federal Government that for the most part is responsible for regulating interstate commerce and the supply of money where 50 individual states directs its own government and economy independently. The US federal government is relatively very weak legally when it comes to enforcing its will upon the sovereign states. Therefore what is logical and legal may be two different things and thus states can compete for business. And moving onto your faulty analsis of the job situation based upon the rights of the states. If the US auto companies did not have the UAW, those 60K+ factory jobs announced by Ford, GM and DPH (MI, OK, VA, PA, GA, etc.) over the past 12 months would have been axed years ago. Legacy agreements kept those jobs as long as they did and in the process reduced the respective companies efficiencies and investment capabilites in growth. GM, F and C Group can build the same amount of vehicle today in a lot fewer plants with hundred of thousands less workers. But your Honda example is still flawed for this very reason: http://www.conway.com/ssinsider/incentive/ti0404.htm "Michigan Fires Up $43.9M in Incentives for GM, German" That much is evident. Every new transplant facility in the US or NA, creates a generation of jobs. Every ill conceived and thought out program by GM and Ford is another nail in their coffin.
  13. You are debating with the wrong person. Don't dillude yourself my friend.
  14. The author did praise the Cadillac V-Series and the author does have many excellent points, though for a journalist can not express them very well. So here are the valid sustinct issues the author trys to make but just can't seem to get them across without sounding ignorant. 1) The Chevy SS vehicles are the performance vehicles of the respective models. Where is the marketing? The SS line is about marketing and GM's Chevrolet Division has not marketed the vehicles as halo vehicles. There is no definition of what the SS models stand for. Chevrolet really has only 1 performance vehicle and yet there is not link to the rest of the SS performance line up. Chevrolet over the years has done a piss poor job of connecting the Corvette as a Chevrolet and that same disconnect is evident with the SS line. What is the connection between the SS lineup and what is that connection to the 1 performance vehicle they really do have, Corvette? 2) Because there is the disconnect with marekting, the author than focuses on the product. And well with a muddled marketing image as to what an SS is, the author is left to speculate on the SS line. Therefore with questionable product to begin with, the author judges the product as it should be, against the other SS models. And that there is no consistency there. My biggest problem is the lack of understanding/experience of the author. Where is the direct comparison with Dodges SRT line up? Vehicle for vehicle their SRT product is just as muddled with the out going Neon, now the Calibre, Nitro, etc. But, DCX to the average person pulled the connection off? But the authors points are well taken by me. Even though the author is ill educated on the subject, the authors points speak many words as to how the average person perceives the Chevrolet SS line up. The article may not be great journalism but it speaks volumes about the "marketing" problems at Chevrolet. i.e. Malibu Maxx SS?
  15. So you remember any Toyota, Honda etc dealers in the Flint area. MB/BMW and Honda all the way out in Grand Blanc. I think there is a Toyota right around the corner but nothing in Flint proper or relatively close. It just is not the same market. Can I get a gooooooo GMS?
  16. 1926 - GM Japan Ltd. is established in Kobe, Japan. The following year, GM opens a new assembly plant about twenty miles away in Osaka. A little thing called WWII got in the way in both Japan and Germany for both Ford and GM. And BTW your opinion is very naive. Your University teachers on the subject should not be teaching. 1) The Japanese do not want US branded cars or the type of car US brands offer. 2) The Japanese also do not want European brand or the type of cars the Europeans offer. (Exception for the Lux vehicles.) 3) The only people to blame for the implosion of the US OEMs over the past 33 years since the first oil embargo is the management of the US OEMs. Heck instead of Hank "The Duece" Ford crying to Nixon about installing air bags in vehicles in the 1970s and subsequently Nixon caving into auto management, the US OEMs would have had the lead and forced the Japanese to go back to the drawing board because their vehicles would not be legal. But the US OEMS cried and that is another incident that they could have used to their advantage. Plain and simple - the US manufacturers screwed themselves and today they are still paying for those blunders. I will not loose sleep over that. I grew up and educated myself. Last time I blamed the Japanese for the US auto problems I was still a teenager.
  17. It was not an attempt at humour, it was humour. Your statements lack consistency and I made sure I pointed out the irony.
  18. Who needs a boat, when a few logs strapped together with some twine will do just fine.
  19. One thing I have never seen is a good study on is this: Actual transaction price versus residual value after a given period of time. There has been some anecdotal evidence that for a buyer of a domestic car if actual transaction price is taken into account the residual is not that bad. It is the sucker that buys close to MSRP that gets killed. PS - I knew what he meant.
  20. WTF are you talking about?Please learn how to read!
  21. The GMS fixed price of your customers did not hurt either.
  22. Should ask him where he gets his Viagra. Heard he gets a good deal!
  23. You have been shown countless times by myself and other people that know a hell of a lot more about this business than you, why your plan is childish and therefore will not do anything to help the systemic problems the industry or in this case GM faces. I think it is about time you shut up and grow up and actually listen for a change.
  24. evok

    C&G survey

    Hell - Anything that reduces traffic I am all for.
  25. It is the product "Stupid". Get your head out of your ass already and learn a thing or two about the industry. And BTW Shooting Fish in a Barrel is not fishing.
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