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Shael
Location: Witherbee, NY. Gender: Female Total Likes: 7 likes
Baaaaah.
| | | Re: Best Looking Car - Hot Rod / Modified < Reply # 67 on 5/10/2009 3:11 AM > | Reply with Quote
| | | Posted by oddspot
So GM is four times as large as Toyota and has 1/3 the cash on hand that Toyota does. Still sounds like a problem to me edit: so i decided to do some homework on this. Not sure how accurate these figures are but i read that toyota has over 60,000 more employees worldwide then toyota and sold 600,000 more cars then GM did. interesting
| GM's issue is they have too much capital tied up in stock vehicles on hand that aren't selling. That's the problem they're having. They discontinued a lot of products, but did it entirely too late, as in after building the products. That's why Sam and I are laid off for two weeks. IP is trying to get capital out of the stock on hand so the company can go back to production of what's selling and discontinue what isn't. Right now, GM needs to come up with some sort of plan by the first of June to recapitalize and restructure the organization or go into Chapter 11. So, they're trying to sell what they can and figure out how they can keep from sinking. Toyota is in a completely different situation. They went into production of vehicles that were selling, like the Prius, and lowering production on vehicles that weren't earlier in the crisis, like back when people weren't buying trucks during the gas crisis and they managed to convert a lot of stock on hand to surplus capital, which is more than enough to weather the crisis for them. GM just made a huge screwup back when they should have been belt tightening. Shael
| "The best wine lies at the bottom of the pail/And Happiness lies below the navel." - Drukpa Kunley, "The Divine Madman of the Dragon Lineage" and "Saint of 5,000 Women". |
| Caligula
Location: Long Island Gender: Male Total Likes: 0 likes
I'm a hipster who wrestled a bear,Once
| | | | | Re: Best Looking Car - Hot Rod / Modified < Reply # 69 on 5/10/2009 5:12 AM > | Reply with Quote
| | | Posted by Samurai you're wasting your breath. all hail lord god toyota. fuckers.
| No. Fuck Toyota. Everyone i know drives a fucking toyota. It is SO annoying to have to hear how Toyota is better. Or how your 1993 1.6 gets better gas mileage. But yet I still beat them going down the service road, In an automatic.. All the Toyota cars are very bland looking to me, And the drivers are pricks. The 2010 Models that Nissan are coming out with are crazy looking. The altima and Maxima are very nice cars. Subaru's 2010 models coming out look alright, nothing special. Ford is making a huge deal about the new taurus. Which is a decent looking car. Not chinsy or anything on the inside. Chrysler is coming out with some very awesome looking Electric Cars, or were supposed to. But as for Toyotas 2010 Models, They look exactly the same. Bland. My bad on the rant.
| CONservative governMENt http://www.flickr....s/actofdepression/ “Global warming kills more people than 9/11 every week.” www.myspace.com/ttwg |
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