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Old 11-12-08, 07:32   #51 (permalink)
Setec Astronomy
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Re: Should the government bail-out include domestic automakers?

Quote:
Originally Posted by Yal View Post
These companies were/are run by the same people that were there when oil went scarce in the 70's but less than two decades later they did the same thing all over again...
That's just not true...the 70's were 30 years ago, man...GM has been thru, what, 4 CEO's since the 70's? The guys today didn't do the same thing all over again...they did it MUCH WORSE. GM's initial response to the '73 oil embargo was excellent, they downsized the full-sized cars in '77 (The New Chevrolet) and the A-Bodies in '78. New Riv/Toro/Eldo in '79, X-car in '80...they had their whole fleet trimmed down and switched over to FWD by '86-'86 and those were good cars, decently sized inside and out, ran good by that time (off of the MCC carbs)...then gas stopped going up and it all went to crap, until the cars are just as big and thirsty as 30 years ago.
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