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Old 12-08-2008, 07:02 PM   #1
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the recession - not all bad

to be honest Ford have not been doing well with car sales for many years now.

and in fact other car firms have been plodding on, putting out the same old cars, nothing exciting or inovating.

and its not just car firms, but many others too in different sectors have been plodding about giving to be honest poor service or not great goods foir many years.

so now they are suffering.

so my point is that this recession will force many large firms to shape up or go bust.

take the ford cars. in the uk they do not last long, paint chips and the cars go rusty quick. ok they have improved as in the 70's they were the joke car firm when it came to security, and now they have great locks. but the problem is other car firms who were a joke now simply make veery high quality cars.

Ford used to be in both the uk and usa the top selling car. now its not.

i do think this recession will force many firms to improve.
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Old 12-08-2008, 07:06 PM   #2
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im on my second ford great cars no problems. the problem isnt the cars they are making its customers cant get loans. the big 3 sales are down 40% toyota is down 30%. So no one is selling cars like blockbusters.
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Old 12-08-2008, 07:06 PM   #3
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That is exactly what recessions are for. But people have this idea that recessions are bad and they have that feeling everything needs to be bailed out or the world will end.

Fact is everyone claims they want change but when they have a genuine chance of getting that change they toe the line.

Things need to fail so better things can come.
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Old 12-08-2008, 07:08 PM   #4
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im on my second ford great cars no problems. the problem isnt the cars they are making its customers cant get loans. the big 3 sales are down 40% toyota is down 30%. So no one is selling cars like blockbusters.
So why bail them out? If they are not selling cars what are they going to do? Build cars and park them on the streets of Detroit?
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Old 12-08-2008, 07:52 PM   #5
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That is exactly what recessions are for. But people have this idea that recessions are bad and they have that feeling everything needs to be bailed out or the world will end.

Fact is everyone claims they want change but when they have a genuine chance of getting that change they toe the line.

Things need to fail so better things can come.
The issue is how people think. You feel things need to fail to get better, but what if that "failing" destroyed YOUR world? What if you lost your job, your house, and you can't put food on the table for your kids? Will you think "I think this is GREAT, this country will be a better place! or will you think YOUR world is ending?
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Old 12-08-2008, 09:19 PM   #6
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Having these big companies close thier doors is never a good thing. They employ thousands of people, however when "bailing out" companies, where do you draw the line. How can you say yes to one company and not another, however we know it is impossible to bail them all out. But if you do one, then they all want help, it will never end.
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Old 12-08-2008, 09:25 PM   #7
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I cant see how the collapse of a huge multi national company could ever be a good thing.
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Old 12-08-2008, 09:28 PM   #8
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I cant see how the collapse of a huge multi national company could ever be a good thing.
the death of the dinosaurs paved the way for the rise of human kind
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Old 12-08-2008, 09:41 PM   #9
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So why bail them out?
Because if you don't you will have a gazillion people not working and when you have x amount of unemployment people tend to get pissed off and use their spare time to invent crafty little toys like this:

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Old 12-08-2008, 09:43 PM   #10
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the death of the dinosaurs paved the way for the rise of human kind
How exactly did this benefit the dinosaurs?
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Old 12-08-2008, 09:48 PM   #11
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they are selling two for one around here brand new off the lot
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Old 12-08-2008, 09:54 PM   #12
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good observation, all I know is everyone arund me is getting layed off or canned, definatly scary
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Old 12-08-2008, 10:03 PM   #13
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a company won't instantly vaporize if it fails. many companies have proven that bankrupcy and restructuring can turn them back into profitable businesses.

setup new bankrupcy rules for the auto makers, let them fail, if that happens, and then let the banks with their 700 billion bailout cash loan them money under the new terms.
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Old 12-08-2008, 10:09 PM   #14
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a company won't instantly vaporize if it fails. many companies have proven that bankrupcy and restructuring can turn them back into profitable businesses.

setup new bankrupcy rules for the auto makers, let them fail, if that happens, and then let the banks with their 700 billion bailout cash loan them money under the new terms.
I agree but make sure that the fat cat executive are limited in the golden handshakes and share offers - its disgusting that some of these guys make more in a year than most of us of us make it a lifetime - they are not worth it!
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Old 12-09-2008, 01:28 AM   #15
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im on my second ford great cars no problems. the problem isnt the cars they are making its customers cant get loans. the big 3 sales are down 40% toyota is down 30%. So no one is selling cars like blockbusters.
That's the whole fucking problem. If you buy something you should pay it with your own fucking money!
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Old 12-09-2008, 01:49 AM   #16
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so my point is that this recession will force many large firms to shape up or go bust.
Or the big companies will just blackmail the government into bailing them out or they'll cause hundreds of thousands of lost jobs.
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Old 12-09-2008, 01:59 AM   #17
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I predict thay will get the cash and carry on as they were. With some minor superficial changes. Then in a few years they will need more more money.
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Old 12-09-2008, 02:27 AM   #18
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That's the whole fucking problem. If you buy something you should pay it with your own fucking money!
Well, if there were no loans there would be almost no car companies. The average household in the US consists of 2 adults 2 kids and a pre tax household income of around 44K. With four people living on an income like that it would take most of them forever to save enough to buy a decent car.

Don't get me wrong. I prefer to pay cash if at all possible and I think credit and debt is killing this country. I will never have another car loan. Mostly because I don't care about the new cars so there will be no way I will be shelling out 40K for a truck or even 20K for a new car. If I have 20k cash to spend on a car I would get 71 GTO or a 69 Camaro convertible or something like that.

Still most people would never be able to buy a decent car without a loan which would cause the car companies to crash and burn or only sell very cheap cars that don't allow them much profit. For most people a car loan that has a reasonable interest rate allows them to buy a good quality, reliable car that can get them to and from work without worry. Where the trouble sets in is when these people making 44K buy a 45K truck or SUV or they buy two 30K cars and they end up spending a huge chunk of their income on car payments.
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Old 12-09-2008, 02:38 AM   #19
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In driving school i drived ford fiesta and it is realy nice car.But it is fucking expensive,i mean it cost 2x more then other cars.Question is does anyone here buys ford at all.
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Old 12-09-2008, 02:39 AM   #20
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Well, if there were no loans there would be almost no car companies. The average household in the US consists of 2 adults 2 kids and a pre tax household income of around 44K. With four people living on an income like that it would take most of them forever to save enough to buy a decent car.

Don't get me wrong. I prefer to pay cash if at all possible and I think credit and debt is killing this country. I will never have another car loan. Mostly because I don't care about the new cars so there will be no way I will be shelling out 40K for a truck or even 20K for a new car. If I have 20k cash to spend on a car I would get 71 GTO or a 69 Camaro convertible or something like that.

Still most people would never be able to buy a decent car without a loan which would cause the car companies to crash and burn or only sell very cheap cars that don't allow them much profit. For most people a car loan that has a reasonable interest rate allows them to buy a good quality, reliable car that can get them to and from work without worry. Where the trouble sets in is when these people making 44K buy a 45K truck or SUV or they buy two 30K cars and they end up spending a huge chunk of their income on car payments.

Credit is the reason it's so unaffordable in the first place. How else could a house that takes a half dozen guys a few months to build take 30 years to pay off? People are essentially bidding their time against eachother. The longer mortgage lifetimes are offered, the more expensive housing will become.
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Old 12-09-2008, 03:01 AM   #21
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fuck the auto industry.

who's gonna bail out the porn industry? lol
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Old 12-09-2008, 04:25 AM   #22
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These auto industries are so fucking huge to collapse at all... It's just a bad phase. ;)
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Old 12-09-2008, 04:35 AM   #23
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Credit is the reason it's so unaffordable in the first place. How else could a house that takes a half dozen guys a few months to build take 30 years to pay off? People are essentially bidding their time against eachother. The longer mortgage lifetimes are offered, the more expensive housing will become.
Credit might play a small part in it, but it is not the sole reason things are expensive. You can also blame our standard of living on it. When you make more money things will tend to cost more. There are parts of the world where people live on 1K a year. But if the average family makes 44K a year people want to maintain that standard of living so they charge more if they have a business and they look for the best paying job if they work for other people. Sure if you buy a house for 200K and over the course of a 30 year mortgage you end up paying 450K for the house after all the interest the house is expensive, but without that credit the people would not have been able to buy that house in the first place and the bank owners want to maintain their high standard of living so they are going to charge as much interest as the can, as will the carpenters and the suppliers and so on.

If we went to non-credit way of life where nobody had a credit card, nobody got a mortgage or a car loan or took out a loan to buy anything this country would quickly degrade into something that looks a lot like a 3rd world shithole.
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Old 12-09-2008, 10:26 AM   #24
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im on my second ford great cars no problems. the problem isnt the cars they are making its customers cant get loans. the big 3 sales are down 40% toyota is down 30%. So no one is selling cars like blockbusters.

for many years ford dsales in the usa have been dropping.

in fact the classic ford pick up used to be the big seller but i think toyota (or at lease a japan make) became a bigger seller.

this is not somthing of the last year or so but for ten years.

ford have had a lot of problems in sales for ages.

they have not realy kept up, while the quality and build of such as japan's firms as well as many eu countries cars have vastly improved.

go back a few years and car firks that were a bit of a joke are now firms of quality.

but such as ford have stood still since the 90's.

the other problem with a LOT of usa car firms is that they have for some odd reason ONLY produced for a us market. many well known usa firms are not sold in other countries.

in fact you can probably find more old ex comunist cars driving around the streets of the uk and other eu countries than you can find american cars (not including ford).

ford seem to be the only car firm to make cars to sell to other countries.

as i say ford was for many years the uk car giant. in fack when New Labour came into power the voters were refered to as Ford Mondao man as there were so many on the roads.

For many years the Ford Escort was a huge seller in the UK.

But now you do not see that many fords.

its somthing ford need to deal with, both cars for the home market (usa) and eu countries such as the uk.

In fact ford should be doing betst sales now as the cars are relitivly cheap and low running costs. after all cars such as bmw that are both expensive and high running costs you would expect to see to be doing wose at the moment, but while sales of ford cars would be down they should in fact do better due to the cheaper cars.

this is what i mean, this now gives ford a chance to come up with some great cars, or simply go bust.
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Old 12-09-2008, 11:11 AM   #25
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Old 12-09-2008, 12:11 PM   #26
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Some are saying the recession could end after the first quarter of 2009. I'm thinking that's a bit optimistic but what do I know.
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Old 12-09-2008, 12:32 PM   #27
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In 2007, more than 9.3 million "nobodies" bought GM cars and trucks, keeping the brand in a dead heat with Toyota as the world's largest automaker. It was the second-best sales year in GM's 100-year history.
Seriously, the problem isn't people don't want to buy the vehicles. That's FACT - it's proven in the statistics.

The problem lies in a lot of other issues. A major one is the union wages the companies have to pay.
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Old 12-09-2008, 12:34 PM   #28
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That is exactly what recessions are for. But people have this idea that recessions are bad and they have that feeling everything needs to be bailed out or the world will end.

Fact is everyone claims they want change but when they have a genuine chance of getting that change they toe the line.

Things need to fail so better things can come.
Good way to look at it.

Innovation is born more of despair, rather than prosperity.
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Old 12-09-2008, 12:35 PM   #29
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for many years ford dsales in the usa have been dropping.

in fact the classic ford pick up used to be the big seller but i think toyota (or at lease a japan make) became a bigger seller.

this is not somthing of the last year or so but for ten years.

ford have had a lot of problems in sales for ages.

they have not realy kept up, while the quality and build of such as japan's firms as well as many eu countries cars have vastly improved.

go back a few years and car firks that were a bit of a joke are now firms of quality.

but such as ford have stood still since the 90's.

the other problem with a LOT of usa car firms is that they have for some odd reason ONLY produced for a us market. many well known usa firms are not sold in other countries.

in fact you can probably find more old ex comunist cars driving around the streets of the uk and other eu countries than you can find american cars (not including ford).

ford seem to be the only car firm to make cars to sell to other countries.

as i say ford was for many years the uk car giant. in fack when New Labour came into power the voters were refered to as Ford Mondao man as there were so many on the roads.

For many years the Ford Escort was a huge seller in the UK.

But now you do not see that many fords.

its somthing ford need to deal with, both cars for the home market (usa) and eu countries such as the uk.

In fact ford should be doing betst sales now as the cars are relitivly cheap and low running costs. after all cars such as bmw that are both expensive and high running costs you would expect to see to be doing wose at the moment, but while sales of ford cars would be down they should in fact do better due to the cheaper cars.

this is what i mean, this now gives ford a chance to come up with some great cars, or simply go bust.
you're so wrong..

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2007, GM is estimated to have sold 9.3 million cars, compared to Toyota's estimated sales of 9.36 million.
Also, in 2008. Toyota was expected to make a 1.1% increase in sales. Which is the same increase Ford reported.
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Old 12-09-2008, 02:19 PM   #30
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The big three do sell a lot of cars. The problem is that their companies are so bloated and ran so poorly that they make little or nothing on those cars. If they can fix that they will be profitable and can survive, if they can't they won't. It really is that simple.

To me the main reason for this is the SUV. They basically put all their eggs in the "big car" basket and convinced everyone they needed an SUV. And they started selling like mad. The world followed. Every car maker these days seems to have an SUV including Porsche, BMW and Mercedes. Then gas nearly tripled in price and all of a sudden those gas guzzling SUVs were not so attractive and people stopped buying them. It didn't happen overnight, but as people got to that point where they were ready to get a new car they started buying cheaper, smaller and more economical cars. The big three were dependent on the SUV to make profit and now the SUV wasn't selling as well. You add that in with poor managment and huge union contracts and it was a recipe for disaster.
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Old 12-09-2008, 02:34 PM   #31
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untill it affects formula 1
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Old 12-09-2008, 03:58 PM   #32
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i had to gigle when they flow in on there private jets begging for cash and the chap said hands up who will sell there jets and fly back on a standered flight.

none did.
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Old 12-09-2008, 04:02 PM   #33
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Bloomberg is reporting that there will be a 15 billion dollar bailout soon and that Ford has decided it won't take part in it that they think they have enough cash to restructure their business and be profitable by 2011.

This makes me wonder. Clearly they were there just looking for a handout because otherwise why would they go? If they think they have enough cash to turn the company around and get it profitable without the government's help, why did they go before congress to ask for money? I think they were just hoping for a free check.
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Old 12-13-2008, 03:43 PM   #34
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It will be bad though
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