Club Dynasty
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GM stock and cars now more attractive now that they're closing factories in Canada

happ

Active member
Sep 22, 2010
1,556
0
36
It'll take a while but i was thinkin without all the bs the cdn and northern u.s. autoworkers cause...

The Malibu Redline Edition looks nice
 

Insidious Von

My head is my home
Sep 12, 2007
38,093
6,425
113
I only buy GM, bought a Honda once, what a mistake...
Boner, that's a joke right? GM, two consonants meaning shit. They will cease to exist by 2025, they've shut so many plants in the last 30 years and their domain keeps shrinking.

Not sure if they've made changes, GM was/is notorious for their sticky gas pedals and dirt cheap bearings.
 

shakenbake

Senior Turgid Member
Nov 13, 2003
7,598
1,626
113
Durham Region, Den of Iniquity
www.vafanculo.it
Boner, that's a joke right? GM, two consonants meaning shit. They will cease to exist by 2025, they've shut so many plants in the last 30 years and their domain keeps shrinking.

Not sure if they've made changes, GM was/is notorious for their sticky gas pedals and dirt cheap bearings.
My 1990 Grand Am SE/GT HO 16-valve death bomb was a piece of shit. Corrosion started right at the paint/metal junction, due to siloxanes that they put into the paint that they used for their cars in that ear, notorious for absorbing and passing through moisture to the metal surfaces. Don't get me started on piss poor copper wires that they used in their electrical systems, corroding well within the insulation, or the shitty Muncie transmissions that were notorious for seized clutch release bearings. The list continues with corroded fusible links within four years of ownership that caused incapacitation of the entire vehicle, and the inherently defective and materially incompatible cylinder head gasket that continually corroded and caused compression failure and engine damage. I had, at the same time, a 1987 Fort Taurus that I bought used, and the Taurus was a much more reliable vehicle.

I swore, never again a GM shit-box for me or my SO.
 

bubbles71

New member
Jan 23, 2017
1
0
1
never had a problem with a small GM cars, drive them like shit 300 to 400 km thousand KM, pay next to nothing for maintenance, sell them for a few thousand dollars and buy a new one. Only pay for maintenance items and the price is 2/3 of the cost of my toyota maintenance items for the same sized car. I drive the crap out of it, it cost me nothing and it starts every day. I have done well over a million km on last 3.
 

koreanjames

Active member
Oct 4, 2011
832
65
28
Which American cars with 400,000km sell for 4 grand ? The American cars with this kind of Milage normally are worth 200$

never had a problem with a small GM cars, drive them like shit 300 to 400 km thousand KM, pay next to nothing for maintenance, sell them for a few thousand dollars and buy a new one. Only pay for maintenance items and the price is 2/3 of the cost of my toyota maintenance items for the same sized car. I drive the crap out of it, it cost me nothing and it starts every day. I have done well over a million km on last 3.
 

wigglee

Well-known member
Oct 13, 2010
9,819
1,603
113
Unions ruined it. If they were more reasonable in their demands we wouldn't have lost GM and other big corporations.
Bullshit..... they have given concessions and they were very efficient. The labour cost was 12% of the ticket price....... so the bottom line is greed over humanity. GM making record profits but greed Trumps humanity ( let alone allegiance to a 100 year dedicated workforce or a country which bailed them out just 10 years ago.)
 
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Insidious Von

My head is my home
Sep 12, 2007
38,093
6,425
113
In 1978, GM was on top of the world. Instead of innovating to meet the Japanese challenge they chose to start shutting plants and cutting costs further with cheap auto parts. They turned the prosperous town of Flint Michigan into a ghost town. Now they are exploiting Mexican workers and hoping that the new President of Mexico will give them tax incentives. The main reason why they shut Oshawa down in the first place...HOLLYWOODDG is misguided. GM is now eating Ford, Toyota and VW's dust.

On a side note, the joy of Brexit, Honda is shutting down their UK plant (in Swindon) and moving to Holland. The Agnellis are also bugging out, The Economist is now a Dutch news source.

As for GM, matters are only going to get worse - Magna is cutting ties. By the end of 2019, Renault-Nissan will surpass them.

https://torontosun.com/2017/09/21/magna-international-suspends-supply-of-auto-parts-to-gm-cami-plant/wcm/c47a308e-9981-481a-81c8-78ed84781945
 

richaceg

Well-known member
Feb 11, 2009
11,567
3,648
113
I'm all for GM trucks...their cars...not so much...but i'm ford now though...
 

Ceiling Cat

Well-known member
Feb 25, 2009
28,188
1,103
113
GM is way down the list of stocks that interest me. It is a very unlikely stock I would keep in my portfolio, especially under threat of Trump tariffs on foreign made parts and cars.
 
O

OnTheWayOut

Which American cars with 400,000km sell for 4 grand ? The American cars with this kind of Mileage normally are worth 200$
I drove my 2009 Impala with 430,000km to the recycler recently, they gave me $350. Great car. Paid $13k for it one year old.

One of the best cars I ever had, no major problems. Before that I had a Buick that had @ 400,000km with no major issues, they gave me $500 trade in on the Impala.

Before that another Chevy Berreta Z26 which was trouble free to 420,000km.

Now I have a Chevy Equinox (made in Oshawa, btw) with 235,000km, so far best yet, nothing past routine maintenance. I expect this to last as long or longer than the above. Love this car.

Yeah, GM is real junk. Any car if properly maintained will provide good service, unless you get a lemon.
 
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