-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Cars, Candidates, Loans, and Bailouts
- Thread starter vfx
- Start date
-
- Tags
- Electric Vehicles
Getting confused as to which thread to post in now: GM CEO Rolling Up Capitol Hill In a Chevy Volt | Autopia from Wired.com
Are Tesla going?
Are Tesla going?
Heh... me too. :tongue:
The way I see it, this thread is about a bailout for the auto industry in general. The other thread (http://www.teslamotorsclub.com/news-articles-events/1927-tesla-message-about-detroit-3-bailout.html) is about Tesla applying for the DOE loan and their opposition to it being turned into a bailout for the D3. A small distinction, perhaps, but different enough that I'd prefer not to merge the threads. Of course, there'll be some crosstalk, and that's fine. I guess if your post is specifically about Tesla, the other thread is probably more appropriate.
Rep. Bob Corker of Tennessee is busting their chops (I applaud this man, as well as Mr. Tester), and it seems that even now they still do not have all of the information together required to intelligently present their case to the House...still!
Perhaps none to surprisingly ("?") "Chrysler" (the only privately held automaker of the three) has not only the stronger footing in the present malaise, but also the better business plan ("Dodge EV" anyone?).
Uh oh, members of the general public are weighing in on the proceedings with chants of "A bailout is a sellout!!" They've now been removed.
Perhaps none to surprisingly ("?") "Chrysler" (the only privately held automaker of the three) has not only the stronger footing in the present malaise, but also the better business plan ("Dodge EV" anyone?).
Uh oh, members of the general public are weighing in on the proceedings with chants of "A bailout is a sellout!!" They've now been removed.
Last edited:
graham
Active Member
And so it is that they adjourn largely still unresolved.
While very anti-climatic, I am pleased that they (Congress) are not rushing headlong into some action without taking into consideration all of the factors contributing to the current sessions, i.e., they (the "Big 3") got themselves into this situation, should they actually be allowed to get themselves out?
What there seems to be some consensus over is that bankruptcy is not a viable option, at this point anyway, but nor is handing the automakers a blank check, and especially not forcing a large part of the labor force into unemployment.
Time will tell.
While very anti-climatic, I am pleased that they (Congress) are not rushing headlong into some action without taking into consideration all of the factors contributing to the current sessions, i.e., they (the "Big 3") got themselves into this situation, should they actually be allowed to get themselves out?
What there seems to be some consensus over is that bankruptcy is not a viable option, at this point anyway, but nor is handing the automakers a blank check, and especially not forcing a large part of the labor force into unemployment.
Time will tell.
Last edited:
I wouldn't say the Volt is in passing and Ford seemed to make a big deal in their recent statement. Perhaps Chrysler have just gone about this in a smart way...
graham
Active Member
graham said:
Which goes far in explaining why the automakers have procrastinated about doing something to salvage their long-failing stake in the industry (this fiasco didn't just happen overnight), i.e., they've been waiting for a number of the dealers to go "out of business" so that they (the "Big 3") wouldn't be saddled with the financial burden of "buying them out"...cynical I know, but it's just that this whole scenario seems, what's the word, "premeditated", to me.
Yes, it does appear that Chrysler is more so inclined to develop and deploy an entire fleet of EV's, whereas those of GM/Ford are merely "token" offerings (the dangling carrot) to secure the loan(s)/bailout so that they can then continue on their course of providing a viable medium (petroleum fueled vehicles) for the oil companies (which they seem to have some stake in as well) by concentrating only on developing new methods to increase fuel economy.
Interesting Martin talks about programs for better mileage but not specifically battery electrics.
OK. From Ford November sales down 30.6 percent - Business First of Louisville: we can see that Ford have sold circa 2m cars this year to date. I'll assume the other two have sold the same. Tesla have 1,200 sales.
So 6,000,000 / 1,200 = 5,000.
$25bn / 5,000 means Tesla's share would be $5m.
Bailout fatigue hurts Big Three on Capitol Hill - SFGate
I wonder if I'm the only one that saw this photo in the paper this morning and thought Congress should make them compete for the funds in a televised cage match.
I wonder if I'm the only one that saw this photo in the paper this morning and thought Congress should make them compete for the funds in a televised cage match.
graham
Active Member
Similar threads
