GM closing all Oshawa, Ontario operations

[Bricktop]

Short term gain, perhaps.



Long term pain.



It's rather typical of American business management. A text book example of this is when Iaccoca took over Apple. He decided to shut down development and research of new products and instead focus on a desktop PC as a core product. This is the same guy who ran Chrysler and did the same thing there, restoring profitability - for a short period.



Where is Chrysler now?



Apple almost collapsed under his direction because he failed to grasp that innovation and development is key to survival, especially in the technology industry.



Apple had to recall Jobs...and the rest is history. Innovation. Developing new products. Challenging the market with inventiveness and entrepreneurship. Shrinking away will provide improved profitability in the immediate timeframe, but will eventually lead to despair.



Who's example would you rather follow as an investor? Apple, or Chrysler?

[Anonymous]

GM built a lot of sub par cars and got into a lot of trouble. They build fewer, but better vehicles today. The Japs and Koreans can't touch Ford or GM for trucks. And the two can hold their own in SUV's too.

[Bricktop]

Toyota, Nissan and Hyundai have heavy vehicle divisions. Mazda also builds trucks. In Oz, Toyota and Mazda clearly outsell Ford, and GM's Colorado is a very small seller.



Their SUV's are miles away from Japanese sales. You'll be lucky to see a Ford or GM badge in the outback and desert areas.



It seems their market dominance in the commercial vehicle sector is in the US and Canada only. You won't see them in Europe.

[Gaon]

I own an older Ford F150. I can't complain about it.

[Bricktop]

In the US and Canada, F150 are thicker than flies in our outback.



Outside the US, they are as rare as a fly in Antarctica.

[Anonymous]

In the US and Canada, F150 are thicker than flies in our outback.



Outside the US, they are as rare as a fly in Antarctica.

What are the most popular pick up trucks in Australia?

[Anonymous]

GM is doing alright.



How GM went from a government bailout and bankruptcy to being one of the world's best-run car companies a decade later

https://www.businessinsider.com/gm-mary-barra-management-helped-save-automaker-2018-10">https://www.businessinsider.com/gm-mary ... er-2018-10">https://www.businessinsider.com/gm-mary-barra-management-helped-save-automaker-2018-10

[Anonymous]

GM is doing alright.



How GM went from a government bailout and bankruptcy to being one of the world's best-run car companies a decade later

https://www.businessinsider.com/gm-mary-barra-management-helped-save-automaker-2018-10">https://www.businessinsider.com/gm-mary ... er-2018-10">https://www.businessinsider.com/gm-mary-barra-management-helped-save-automaker-2018-10

GM has taken a page from the Hunter Harrison book on corporate turnarounds.

[Bricktop]

In the US and Canada, F150 are thicker than flies in our outback.



Outside the US, they are as rare as a fly in Antarctica.

What are the most popular pick up trucks in Australia?

Toyota Hilux, Mazda BT50 and Ford Ranger.

[Gaon]

In the US and Canada, F150 are thicker than flies in our outback.



Outside the US, they are as rare as a fly in Antarctica.

What are the most popular pick up trucks in Australia?

Toyota Hilux, Mazda BT50 and Ford Ranger.

But, the Ford Ranger is a small pickup.

[Gaon]

The Toyota Hilux is sold in Israel. I think in North America it is the Tacoma.

[Anonymous]

In the US and Canada, F150 are thicker than flies in our outback.



Outside the US, they are as rare as a fly in Antarctica.

What are the most popular pick up trucks in Australia?

Toyota Hilux, Mazda BT50 and Ford Ranger.

Mazda BT50 is essntially a Ford Ranger.

[Bricktop]

In the US and Canada, F150 are thicker than flies in our outback.



Outside the US, they are as rare as a fly in Antarctica.

What are the most popular pick up trucks in Australia?

Toyota Hilux, Mazda BT50 and Ford Ranger.

But, the Ford Ranger is a small pickup.

Ford badges different vehicles with the same name. A Ford Ranger here is a big utility...as SB says, it's just a rebadged and slightly modified Mazda BT50.



Ford tried the F150 here. It tanked. GM tried something called a Suburban. They couldn't flog that piece of junk even if they filled it with gold.

[Anonymous]

In the US and Canada, F150 are thicker than flies in our outback.



Outside the US, they are as rare as a fly in Antarctica.

What are the most popular pick up trucks in Australia?

Toyota Hilux, Mazda BT50 and Ford Ranger.

But, the Ford Ranger is a small pickup.

Ford badges different vehicles with the same name. A Ford Ranger here is a big utility...as SB says, it's just a rebadged and slightly modified Mazda BT50.



Ford tried the F150 here. It tanked. GM tried something called a Suburban. They couldn't flog that piece of junk even if they filled it with gold.

The Suburnan is a block and a half long

[Bricktop]

Yes, it was monstrous.



People looked at it and wondered what the point was.



Fuel costs would be massive. Parking that monster would be problematic. Keeping it clean would waste an entire weekend.



Thanks, but no thanks.