What Happened to GM
by: Scott Bianchi
GM was once the biggest automaker in the world by far.
This reign at the top lasted for decades.
But, with news that Toyota is on pace to take over the number one spot sometime next year, based on projections and GM?s recent history, things are changing.
GM?s stock is in junk status, they are over $300 billion in debt, they are losing market share to the Toyota?s , Nissan?s, and Honda?s of the world.
GM likes to blame a lot of their problems on increased employee expenses in the United States due to the unions.
This is a small factor I am sure, but mostly just an excuse.
Toyota and other foreign automakers manufacture their cars in this country as well.
In fact, the American car companies do a lot of their assembly in Mexico.
So, the competition that is taking over GM?s top spot is incurring similar expenses.
I think the real problem is the poor quality and the design of the cars.
As someone who used to only buy GM vehicles I can say I wouldn?t even consider buying one again.
I find the design and look of the cars to be unattractive, I also feel the quality of their cars is inferior to their foreign competitors.
While they clearly have not put as much effort into their cars as their competition, their prices somehow still remain equal with the competition.
The sticker prices on the cars are similar I should say, but the promotions being used by the Big Three American automakers to sell cars is much different.
Even with the sales promotions all three companies are still losing market share.
Toyota gains market share every year and they have not had to offer an employee discount or a red tag sales event.
They just build high-quality vehicles and that is all the promotion they need.
People work very hard for their money these days.
It has become increasingly more difficult for families to make ends meet.
The internet offers tremendous opportunity for buyers to research a product before making a purchase.
Given how valuable people?s money is to them you can?t blame them for spending it as wisely as possible and looking for the best value.
It is unfortunate that such an immense company is now doing so poorly but they have nobody to blame but themselves.
The management over the years has made poor decisions that has brought them to the place they are now.
The management turned their back on the people of this country by moving jobs outside the company and also by charging them premium prices for inferior products.
Now the people of this country has turned their backs on GM.
About The Author
Scott Bianchi is a car enthusiast that also operates www.bestinternetbargains.com.
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What To Look For When Buying Cars Online
What To Look For When Buying Cars Online
by: Dr. Drew Henry
Ten years ago, you would be laughed at if you were to tell someone that people would buy cars without first inspecting them in person. Well, today thousands of people are buying cars on the internet through sites like eBay, without ever physically coming in contact with their cars before the purchase!
Let?s face it: The internet is a hassle free place to shop for cars. There are many advantages to shopping cars online. When buying a car online, you don?t have to listen to a dealer talk about the specs of a car. You just have to read all about it in a website. You don?t have to go to a showroom, you just to have to point and click your mouse and you could browse through different make and models of cars. And if you want to take a second look at a car it?s very easy.
Furthermore, transactions can be done without you having to go out of your room. After ordering the car you want...
What To Look For When Buying Cars Online
Used cars > What To Look For When Buying Cars Online
Guides For Perfect Car Dealerships
Guides For Perfect Car Dealerships
by: Gregory Ashton
Have you considered buying a used car? There are fair and not-so-fair deals lurking around but for most of us, we are not just looking for something fair, we are looking for something great!
The Internet will equip you with valuable details about unbiased car reviews and ratings, including price ratings, specifications and reasonable, yet honest, reviews, including photos of used cars.
Comparison shops furnish and maintain databases as well where they keep price listings for used cars with their respective merchandisers across the net.
Private Seller Listings: Great Deals for Real
Great deals may not always turn out great in some circumstances. Unwise selection and choice of car dealers could lead you to wasting your money.
In fact in 2004 alone, it was recorded that half of those who bought their own cars in the US have considered purchasing used cars rather than...
Guides For Perfect Car Dealerships
Used cars > Guides For Perfect Car Dealerships
Buying Used Car Tips
Buying Used Car Tips
by: Gregory Ashton
Scouting for price-cuts is a smart habit. And buying used cars is no exception.
No wonder why many people are enticed to buy used cars. In fact, statistics show that the number of people who buy used cars is three times more than the number of people who buy new cars.
But then again, not all used cars are maintained equally by their previous owners. Hence, it is important for those who wish to purchase used cars to consider the different factors that might affect the performance and the condition of the car.
Here is a list of some tips that will help buyers in choosing their used cars.
1. Safety features should not be taken for granted.
Being old is not an excuse to justify the used car?s lack of safety features. Every car, whether old or new should have safety features in order to prevent some possible accident while driving.
Every used car should still have its anti-lock...
Buying Used Car Tips
Used cars > Buying Used Car Tips
Used cars
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