GM does not need to repay the loans given to them. Anybody who demands this is an unAmerican jackasss that needs to be taught a lesson in patriotism and protectionism. It is our duty to protect the very thing that keeps America great. Losing General motors will put this Country into third world status.

Be American. Buy American. buy GM. An American Revolution

Year-over-year total sales increase is the first since January, 2008

GM gains market share for the third straight month – estimated at 21 percent of the total light vehicle market

Chevrolet, Buick, GMC and Cadillac retail sales represented 95 percent of October retail sales vs. 85 percent in October, 2008

Combined Buick / GMC retail sales were up 33 percent compared with last year, driving Buick-Pontiac-GMC retail sales up 12 percent ”

On the above, the real clincher is that while total sales were up 4%, RETAIL were up 15%.

Including Pontiac, BPG sales were up 12% but Buick/GMC were up 33% . Kinda shows that while a loss of Pontiac will drop total sales it looks like Buick/GMC will be making up for it.

An AMerican revolution? well… why dont you try and build your cars in AMERICA, not in Canada, Mexico and use Japanese parts?

maybe you need to get away from all the oil fumes that are getting to you head!

oh yeah… and the HUMMER(S)…. not even for military vehicles do they last. MY 1996 Crown Victoria has taken better beatings than POS hummers

DEXCOOL? I might as well piss in the radiator and get better results that the garbage GM poops out of Detriot.

Tell your new Owner Obama to get your some more laxatives and lubricants so your hole doesnt hurt!

I wouldn’t be gloating too much if I were GM right now. It only took 50 billion to have the cork removed so that this little ray of sunshine could come out their ass.

i wonder who is buying their cars… probably NMOFGM and the rest of his carny friends and family….

seriously though, the new caddys are nice, and buick miight even have some decently attractive and attainable products on their sales floors in the near future…. did they already drop saab? I hope not… they need them… for at least their powertrain tech know-how, intellectual property, etc…

you need this… dont get ahead of yourselves or give yourselves too much credit just yet…

GO FORRD stock prices are climbing and climbing !!!

BUT if you can find one person that has some kind of automotive experience that actually believes what you do please let me know. I know we all hate the experts with actual knowledge and expertise of the automotive industry here but EVERY comment I have seen says the US suppliers would have gone south and we would be going thru a massive depression with huge unemployment if GM had liquidated.

My experts? From David Cole of the Center of automotive research to ALL the automotive marques (Toyota, Honda, Ford, etc) to financial experts. Please we can debate this but lets have some more input than just our opinion.

Perhaps this would be a good read:

http://www.cargroup.org/documents/FINALDetroitThreeContractionImpact_3__001.pdf

Your comment about all of those jobs disappearing is inaccurate.. the demand (??) for GM products would result in other products being purchased instead of GM products. That in turn would result in the need for additional shifts and hiring skilled labor such as the type GM has. Of course, much of the dead wood would be unemployed, as it should be.

Your argument works in a vacuum, but not in reality.

this is obviously very early in the reorg/recovery process, but it’s good news that everything hasn’t totally gone down the crapper…i’m buoyed by the strong showing of gm in china, since that’s the world’s largest market now…

and yes, we know taxpayers paid for the bailout, but unemployment just topped 10%…would it have been helpful to kill off several hundred thousand more jobs in the midst of this recession? it would be a lot worse right now if gm had liquidated…

GM. An American Embarrassment !!!!!

I read in another article regarding this interview that Henderson did say that the goals they set were low. Not artificially to exagerate their progress. That plan would never have been accepted. The goals might be considered low now because they were established during even more uncertain conditions in the industry. Besides, exceeding a set goal or standard is always a good thing because that means they were prepared for a worse situation than they are in. Their performance is remarkable considering all things, including the negative publicity of bankruptcy and the closing of several brands and dealerships. It really speaks volumes about their new products.

http://www.gminsidenews.com/forums/f70/fritz-we-outperforming-our-plan-bankruptcy-85867/

Prior to filing for U.S. bankruptcy protection in June, GM presented a viability plan to the government. The plan assumed GM would have a 19.5 percent share in 2009 with a 10 million sales year to break even, with that share stabilizing in the 18.4 to 18.9 percent range in subsequent years.

As of October GM had a 19.8% share for the year, above the 19.5% plan assumption.

If you look after Bankruptcy (July):
August…….19.5%
September.20.9%
October…..21%

And yes GM is down 34% over a year ago but the entire industry is down 28%. For a company that went out of business that is pretty darn good, if sales continue at 21% they are only down 1 point from 2008.

You could end up making yourself look like an ars.

well that about sums up the value and vagueness of this article. GM: “we got loads of free money and our ship isn’t sinking anymore for a while”.

a 5% sales increase from a month ago while your sales are down 34% is ahead of performance targets? i guess when you set your target at $1, that’s pretty good performance. even homeless people generated more cashflow increase than last month, thanks to the uptake in economy. dumb henderson.

DB9;-)

PS. Bob = Car Gawd – yup;-))