Quote:
Originally Posted by jak112460
You guys are dreaming. With the government a major player in GM they are going to be bogged down with beaurocracy and politics about what kinds of cars are acceptable. Performance is going to take a back seat to fuel economy and clean emissions. How are they going to justify a car that goes 170 mph + on highways where the speed limit is 75 or less? I wish soome private investors would make an offer to buy GM that would take them out of the hands of the government. Especially when it's run by liberal democrats.
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I'm afraid...not afraid, glad actually, that you're the one that's dreaming...or having a nightmare.
The company will go public again next year, and the treasury will begin selling off its shares then, too. (no idea on a final 0% share date, because you can't just dump 60% and run...see: financial suicide). They haven't said a word as to what cars can and can't be built, yet -- and everybody (from both sides) has assured us that they won't interfere in the future, either. They are a "passive shareholder" concerned only with large movements of money. Even Bob Lutz decided to stay on board when he realized this wasn't a gov't takeover like the doomsayers would have us believe. Further evidence? If the current "owners" had say in the vehicles produced, why did GM just announce the axing of a Buick Plug-in Hybrid, mere weeks after public feedback on the vehicle?
Though, even if you still subscribe to the gov't takeover theory, consider this: the "auto task force" got to take some of the company's cars out for a spin...to get an idea of where they're headed. And they had the most fun, not in the Volt, but in the CTS-V.....
We'll see a C7 that improves upon the C6, mark my words.
EDIT: I just re-read my post, and wanted to make sure I made clear that I'm
not comfortable with the current situation of things re: GM ownership...I just can't ignore things to inflate that discomfort, personally.