Comments on: GM needs to refinance $9 billion in debt over the next two years http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html Car news, reviews, and specs for the auto-industry Sun, 22 Nov 2009 14:36:45 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: VictorRaikkonen http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-381019 VictorRaikkonen Wed, 14 May 2008 21:33:33 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-381019 Regardless of a few design achievements, i.e. the new Caddys and the re-badged Holdens into Pontiac, the re-badged Opel into t/Saturn Sky, GM still makes ugly "a" cars. I do not care what anyone says about how great the new Malibu is it looks like crap, so does the G6 and a whole host of other cars. However, unlike Ford, at least they now understand that people want good looking vehicles. [5.53 am not pm] Regardless of a few design achievements, i.e. the new Caddys and the re-badged Holdens into Pontiac, the re-badged Opel into t/Saturn Sky, GM still makes ugly “a” cars. I do not care what anyone says about how great the new Malibu is it looks like crap, so does the G6 and a whole host of other cars. However, unlike Ford, at least they now understand that people want good looking vehicles. [5.53 am not pm]

]]> By: Get Real http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380997 Get Real Wed, 14 May 2008 20:30:10 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380997 The paradigm of big SUVs and crappy cars hurts now. The paradigm of big SUVs and crappy cars hurts now.

]]> By: Thatguy http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380986 Thatguy Wed, 14 May 2008 19:52:14 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380986 Um, pretty obvious. Fewer buyers are buying trucks, large utes, which is the only thing GM can make money on due to labor costs here in the states. There isnt a dime to be had on Cobalts and such by an american manuf, they are only offered for cafe and a few other reasons. US auto man are going to be hurting for years, not this two years turnaround lie our execs keep touting. Um, pretty obvious. Fewer buyers are buying trucks, large utes, which is the only thing GM can make money on due to labor costs here in the states. There isnt a dime to be had on Cobalts and such by an american manuf, they are only offered for cafe and a few other reasons. US auto man are going to be hurting for years, not this two years turnaround lie our execs keep touting.

]]> By: moto-racer13 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380984 moto-racer13 Wed, 14 May 2008 19:41:36 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380984 wow thats some serious debt. what the hell is wrong with the US auto industry? wheres that homo johnny canuck who loves to give us his opinions on whats going on with this industry? maybe he's still eating his kraft dinner that his over weight wife made for him. Its just a matter of time untill he comes online to blast me for insulting his fragile ego. I am so certain that he will comment against me as I am sure the sun will rise tommorow. If he doesn't comment against me, he's just trying to prove me wrong, but I know I'm right. wow thats some serious debt. what the hell is wrong with the US auto industry? wheres that homo johnny canuck who loves to give us his opinions on whats going on with this industry? maybe he’s still eating his kraft dinner that his over weight wife made for him. Its just a matter of time untill he comes online to blast me for insulting his fragile ego. I am so certain that he will comment against me as I am sure the sun will rise tommorow. If he doesn’t comment against me, he’s just trying to prove me wrong, but I know I’m right.

]]> By: doublearon21 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380964 doublearon21 Wed, 14 May 2008 18:49:01 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380964 RIDICULOUS. Enough said RIDICULOUS. Enough said

]]> By: xyunya http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380960 xyunya Wed, 14 May 2008 18:43:18 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380960 I almost forgot to bitch about their 100% raises for this coming year. I almost forgot to bitch about their 100% raises for this coming year.

]]> By: xyunya http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380958 xyunya Wed, 14 May 2008 18:42:43 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380958 Maybe Kerkorian was right when he was pushing for union with Renault-Nissan? it is Monday night quarterbacking, but those news aren't good at all. And Wagoner with Lutz were promising much brighter road ahead 2 years ago during disarrangement with Renault & Kerkorian's cash. Maybe Kerkorian was right when he was pushing for union with Renault-Nissan? it is Monday night quarterbacking, but those news aren’t good at all. And Wagoner with Lutz were promising much brighter road ahead 2 years ago during disarrangement with Renault & Kerkorian’s cash.

]]> By: F451 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380944 F451 Wed, 14 May 2008 18:03:17 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380944 Hateful83, it was a great move on GM's part as facilities pay a large part in corporate business, and depending on the tax advantages at the time, can prove quite beneficial. Hateful83, it was a great move on GM’s part as facilities pay a large part in corporate business, and depending on the tax advantages at the time, can prove quite beneficial.

]]> By: hateful83 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380941 hateful83 Wed, 14 May 2008 17:59:23 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380941 Remember how they bought those office buildings in Detroit? I'm sure that money comes from a different pot, but it still seems crazy when you read this. Remember how they bought those office buildings in Detroit? I’m sure that money comes from a different pot, but it still seems crazy when you read this.

]]> By: F451 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380921 F451 Wed, 14 May 2008 17:09:33 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380921 You need your cash on hand for R&D, etc, in the hopes of producing what buyers will be looking for in the near future. Using it to pay down your debt service will simply lead to closing your doors for GM in the long run; refinancing is the smart way to go. You need your cash on hand for R&D, etc, in the hopes of producing what buyers will be looking for in the near future. Using it to pay down your debt service will simply lead to closing your doors for GM in the long run; refinancing is the smart way to go.

]]> By: 400horseSS http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380898 400horseSS Wed, 14 May 2008 16:03:56 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380898 ^nope ^nope

]]> By: Z06ified http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380894 Z06ified Wed, 14 May 2008 15:55:42 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380894 That's what the $30 billion in cash on-hand is for. Problem solved. Do these analysts have any brains at all between their ears? That’s what the $30 billion in cash on-hand is for. Problem solved.

Do these analysts have any brains at all between their ears?

]]> By: injunraiv http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380893 injunraiv Wed, 14 May 2008 15:53:24 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380893 Or maybe get to the real source of the problem, oil company price gouging... Or maybe get to the real source of the problem, oil company price gouging…

]]> By: F451 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380891 F451 Wed, 14 May 2008 15:47:30 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380891 I wish that the Big 2.5 US automotive manufacturers would get together and help each other out versus what they are doing now. Japanese corporations do this in needy times, why can't our boys do it to save an ailing, outdated system? Gizmo2, it is pathetically easy (sad, but true) to have burn rate that will constitute a runaway wildfire in today's business world. I wish that the Big 2.5 US automotive manufacturers would get together and help each other out versus what they are doing now. Japanese corporations do this in needy times, why can’t our boys do it to save an ailing, outdated system? Gizmo2, it is pathetically easy (sad, but true) to have burn rate that will constitute a runaway wildfire in today’s business world.

]]> By: gizmo2 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html/comment-page-1#comment-380889 gizmo2 Wed, 14 May 2008 15:43:07 +0000 http://www.leftlanenews.com/gm-needs-to-refinance-9-billion-in-debt-over-the-next-two-years.html#comment-380889 Wow!! They may need to down size some of their operations. Why are they burning through so much cash? It's it going towards new development, Volt, 2Mode Hybrid, etc? Something not right with that operation. Wow!! They may need to down size some of their operations. Why are they burning through so much cash? It’s it going towards new development, Volt, 2Mode Hybrid, etc? Something not right with that operation.

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