Posts Tagged ‘GM bailout’

What We Lost in the Clunkers Program

Sunday, November 1st, 2009

Lot’s of people think it was a total success.

But if you’re an American muscle car enthusiast, the Obama “Cash for Clunkers” program was not a good as it sounded.

First, as you may have read, many new car sales were for imports, in fact, I’ve read it was almost 85%! This means all those profits zipped across the oceans to Germany, Japan, Korea and France. Not good.

Next, recent numbers exposed the sadder part of this wonderful deal: it cost taxpayers $24,000 per car sold! That is absolutely ridiculous! And people are congratulating each other and the president for that?

Finally, let’s take a look at the toll it took on our potential resto projects. What will our kids find and rebuild as we did when we were kids? There are 700,00 old cars out of circulation now, but the list below is the saddest part of all of this:

1,611 Mustangs were crushed – (one of them was an SVT Cobra and many were GTs)
2 Roush-equipped Stage 3 F-150 trucks are gone.
2 Chip Foose resto-mod F-150s. (Are you kidding me???)
3,000 Thunderbirds (some were Super Coupes and Turbos – even an ‘05 2-seater!!!)
107 Ford Taurus SHOs  (Special Vehicle Ops at Ford are probably sick over this!)

But let’s look at the General!
131 Chevy Corvettes! (34 of which were ‘verts. Who could crush a Vette? Are these people NUTS???)
1,000 Camaros (1984-2000 – Think we lost any IROC Zs? I certainly do.)
1 Buick GNX -  A collector’s prize…gone.
1 20th Anniv. Trans Am (plus hundreds more F-body Ponchos!)
61 Fieros

This is really bad: it really saved the planet and juiced our economy didn’t it?
I am so pleased with Obamas performance thus far. (Not.)
1,000 Camaros are crushed… and unemployment is about to hit 9.9% as I write this.

I’ll be back next week!

Modern Survivalist: The world is changing. Maybe we should all prepare for “different times”?

I recommend this site.

I recommend this site.

‘Anybody here, seen my old friend John?

Saturday, May 2nd, 2009

Only someone just like John Z. DeLorean could save Pontiac right now.

The Pontiac Division was in trouble. At one time, it had produced a successful line of cars, but because they now lacked style and sophistication, they had lost their public appeal. The dealers were upset with their sales, and there were even rumors that GM might drop the line. Obviously, only major changes could save the division.

~John Z. DeLorean, in his 1985 book “DeLorean”

Pontiac heard its own death rattle back in the late 1950s, when its engineering department was headed-up by an “old schooler” named George Delaney. When DeLorean met Delaney, he decided to opt out of the offer to work as an engineer at Pontiac Division, but when Delaney was replaced by a guy named Pete Etses, DeLorean had a change of heart. Pontiac general manager, Bunky Knudsen wanted DeLorean bad enugh to shuffle the deck and in doing so, he put together a winning team of Estes, Delorean and Russell Gee.

The rest – as so many of us know – is history.

There can only be one in every lifetime. This guy was one of them.

There can only be one in every lifetime. This guy was one of them.

Now we see Pontiac spinning down the drain toward oblivion. This time, there’s no Bunky Knudsen, no Pete Estes…. no John DeLorean. This is more than a shame – it’s a travesty. One of General Motors’ most historic lines of cars is about to be euthanized and nobody was intelligent enough to figure out what went wrong or how to fix it.

Part of this cluelessness is typical of GM. When the insurance companies and environmentalist applied the thumbscrews to GM back in 1970, they had no idea how to fix their problems. What we got were the big bumper cars with embarrassingly lethargic engines that got shit for gas mileage and were as unreliable as a winning ticket in a Nigerian lottery.

The rest of the equation is simple: General Motors has been run by a gaggle of chicken shit pussies since Delorean resigned in April of 1973. To me, they became a company that was afraid to take chances. They have been led by uninspired followers – rather than true leaders, like those creative engineers who used to meet on the GM test tracks every Saturday in the early 60s.

Some may say, “Well, what were they supposed to design and build since the government began their gestapo-like rule over the Detroit automakers in the early 70s?”

The answer is simple; hire only the best designers, the best engineers, the most innovative sales and marketing people and never, ever, ever let the UAW have so much power over them and their decisions as a leading car company. When the unions came knockin’ GM should have had the balls to push back now and then. Remember what happened to the air traffic controllers? Remember Eastern Airlines?

GM needed to hire men – real men. The kind of men like Delorean and Estes. Guys that took chances and circumvented the red tape and stupid rules made by the sackless geeks who cowered in their offices at the mere stirring of the union, the government or their own overbearing wives.

Pontiac is fading away, and it didn’t have to happen like this.

I guess we’ve just run out of DeLoreans.