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11/11/2008, 3:01 PM

Buick News

GM cancels LA Auto Show press conference

Word came down earlier this year that General Motors had scrapped its plans to unveil the all-new Buick LaCrosse and CTS Coupe at this month’s Los Angeles Auto Show, which left the Detroit automaker without a worthy introduction for the SoCal show. Because no new products will be traipsing across the GM stage at this month’s show, the Michigan automaker has cancelled its previously scheduled press conference at the LA show.

The move will save GM some much needed cash, but should also provide a little more publicity for the automaker’s efforts in Washington.

“You honestly have to ask yourself is the news you’re going to make going to break through the clutter,” GM spokesman Scott Fosgard told The Detroit News. “The automotive and business media attention is on what’s going on in Congress and I just have my doubts that the typical auto show news is going to be as newsworthy as what they’re debating.”

GM is running out of cash at an alarming rate and is currently lobbying Washington for $25 billion in “bridge” loans. GM, along with the rest of the Detroit Three, is also pushing for an additional $25 billion in aid to fund a union retirement plan.

The LaCrosse and CTS Coupe are now tentatively schedule for a January reveal at the Detroit Auto Show, but there is the very real possibility that GM might not survive until then.

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11/11, 3:04 PM

posted by:

DrFill

Can’t afford a microphone
Got turned down for Lay-a-way
That’s what I heard
DrFill

11/11, 3:10 PM

posted by:

TomF

It’s hyperbolic for LLN to write “there is the very real possibility that GM might not survive until” January. That’s mathematically inaccurate. This is the kind of wild-eyed, off-target press that hastens the death of teetering companies. If people thought GM was six weeks away from death, nobody would buy any vehicles at all, and the possibility would become reality.

GM is obviously in incredibly serious trouble, more serious than is perhaps realized by the bulk of its insular, self-satisfied managers (although Wagoner and cohorts get it). But not six-weeks-from-death serious. LLN, get a grip.

11/11, 3:18 PM

posted by:

yarddog82abn

Don’t matter relay, there display is not the best at the show, if you have to ask the German auto maker always have the best display’s…

11/11, 3:19 PM

posted by:

DrFill

GM wants aid BEFORE Obama gets into office
What does that tell you?
Can’t wait 75 days?
DrFill

11/11, 3:23 PM

posted by:

crackerhemi

Why is GM crying for? The government will bailout GM. Stop being like Impulsive, GM, and grow some balls.

11/11, 3:25 PM

posted by:

johnnycanuck

That tells me they figure Mr. Bush is more of a pushover than your President elect. Hail ‘W’, savior of the auto industry! Lord knows he needs something positive to punctuate his stay in office.

11/11, 3:27 PM

posted by:

JakeK66

Wow, they really think GM won’t last. That’s B.S. It’s gonna be fine. They still are selling cars and getting money from where I work at and they still have every intention to build these units, they still cash our checks.

11/11, 3:30 PM

posted by:

JakeK66

Oh, W doesn’t want to give the loan becasue he thinks they are not going to pay it back! He’s an actual bussinessman who understands the definition of loans, otherwise he wants to have the US as part owners, like with the failing banks, to have some sort of control and assets for the investment. Obama wants to give them a handout.

11/11, 3:30 PM

posted by:

mayer_ray_nagin

TomF, you know the press-mantra. There are three things the US free press loves and unjustly glorifies:

………. 1) Obama,
………. 2) Imported cars, and
………. 3) Criminals/sexual deviants

And dat’s da facts.

11/11, 3:43 PM

posted by:

DrFill

Jake
They’re both right
Bush wants them to pay the money back
Obama knows they won’t
The answer is give them the money, conditionally.
DrFill

11/11, 3:44 PM

posted by:

golf4me

What’s that REM song??

11/11, 3:56 PM

posted by:

yarddog82abn

Come on…… why get a loan when you can get Big Nice Grant$$$$
The unions gave a lot of support to President ” to be” Obama, no more American Auto Industry, no more jobs (”cash”) for the Unions, So now the union and now the auto makers (”GM”) what Grants, forget loans for making “green cars” they now whant Grants ” free money” money you don’t pay pack,

“Ohooo, No”….. “We’re going BK”….. “we can’t afford a loan, just give us the money”

And the Oscar goes to….. “GM” !!!! For most dramatic performance…

LOL… I can see it now….

11/11, 4:00 PM

posted by:

jackjimturkey

Times are hard.

johnnycanuck: “That tells me they figure Mr. Bush is more of a pushover than your President elect.” W is a puppet.

JakeK66: “He’s an actual bussinessman ….” who failed at everything he ever tried!

:mayer_ray_nagin: good call on the press — certain segments thereof, anyway.

11/11, 4:18 PM

posted by:

beemerdude

CAN ANYONE ELSE PLEASE MAKE A COMMENT ON THIS SITE??? We’re always seeing posts from the SAME bunch of guys: crackerhemi… mayerraynagin… A4… johnnycanuck… howsmydriving…. DrFill … COME ON GUYS, GET A LIFE!! Does anyone besides this gang of knuckleheads read LLN??

11/11, 4:38 PM

posted by:

DrFill

In my defense, as owner of this site, the aforementioned pay, I mean receive, compensation for posting their divergent, and often erroneous, views on the industry
DrFill

11/11, 4:40 PM

posted by:

yarddog82abn

No…. jusk us knuckleheads, and a lot of car dealerships, it’s just that don’t read our post, because of the negative comments most of us make, that and the fact they just wanna read what’s going on and don’t care mush of what the peanut gallery has to say, trust me I know, I was once one of them, It’s just that now I’m in front of this computer all day long and I’m looking for something to kill time… but ya we are the only once……

11/11, 4:42 PM

posted by:

yarddog82abn

And yes they do refer the comment section the “peanut gallery” I here it all the time at dealer meets…

11/11, 4:49 PM

posted by:

DadzBoyz

Bush is more likley to give them a loan with fewer preconditions. Dear Leader, Obama, would likley mandate that they produce a car that gets 75 mpg while running on prune juice within the next 15 months.

11/11, 4:55 PM

posted by:

johnnycanuck

That’s almost funny, DrFill. If you get paid by the post you must be a wealthy man.

11/11, 4:58 PM

posted by:

A True Gear Head

t’s the end of the world as we know it.
It’s the end of the world as we know it.
It’s the end of the world as we know it and I feel fine.

Six o’clock - TV hour. Don’t get caught in foreign towers.
Slash and burn, return, listen to yourself churn.
Locking in, uniforming, book burning, blood letting.
Every motive escalate. Automotive incinerate.
Light a candle, light a votive. Step down, step down.
Watch your heel crush, crushed, uh-oh, this means no fear cavalier.
Renegade steer clear!
A tournament, tournament, a tournament of lies.
Offer me solutions, offer me alternatives and I decline.

It’s the end of the world as we know it.
It’s the end of the world as we know it.
It’s the end of the world as we know it and I feel fine.

11/11, 5:09 PM

posted by:

yarddog82abn

You would thank that the Dock! will be more open to what he say’s and not be so “one-side-ed” , I mean, if he dose own the site, that means he is living off of the auto industry, and expressing his personal opinion the way that he dose could ultimately cost him some business, that’s why it is the policy of the company that I work for, that dose not let me give out there information when ever I’m on forum like this one giving out my personal opinion. Maybe the staff at LLN should adopt that policy…
Hay if it works for the biggest name in auto racing why not….
HINT!….

11/11, 5:22 PM

posted by:

inline6

The auto industry has a better record of paying back government loans (and the taxpayers profiting) than any other industry.

And Bush wouldn’t loan them the $10B they wanted to acquire Chrysler because none of his cronies work in the auto industry. They’re all with Big Oil and Wall Street.

11/11, 5:33 PM

posted by:

Lariat Luxury Locomotive Liner No.3

GM always has a pretty display(s) of vehicles at this show. GM is one of the better ones at letting those who want to climb around their vehicles do so, even in the higher-end Corvettes.

11/11, 5:44 PM

posted by:

RaineMan

Another death knell for the General…

11/11, 6:33 PM

posted by:

Borat

I reckon it is just inconvenient to answer questions about imminent bankruptcy during car show.

11/11, 6:41 PM

posted by:

Impulsive

‘crackwhore’, if GM had the brains of Impulsive they’d rule the world … unfortunately, your marble-sized cojones probably match up to your equally-sized brain so you’d never understand that … bend over, it’s time for your sausage stuffing.

11/11, 6:43 PM

posted by:

elviososa

Errrrr….the ship is sinking…..

11/11, 8:16 PM

posted by:

Ricer Fly By...

I might not agree with everyone that posts on here, but I do enjoy reading your comments.

11/11, 10:13 PM

posted by:

porschegt3

Just give me the new 556 hp CTS-V then close the doors….

 
 
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