In article , Home Guy wrote:

bob haller wrote:

One of my customers happens to be GM in lordstown ohio.

GM lordstown is actually hiring for the first time in nearly 20
years.

GM and many other manufacturers have been "channel-stuffing" over the
past 6 to 9 months.

Building cars that they book as "sold" but are just filling dealer lots
to overflowing.

Now the the election is over, the avalanche of layoffs will start.

got a cite for that?

Malcom "Mal" Reynolds wrote:
In article , Home Guy wrote:

bob haller wrote:

One of my customers happens to be GM in lordstown ohio.

GM lordstown is actually hiring for the first time in nearly 20
years.

GM and many other manufacturers have been "channel-stuffing" over the
past 6 to 9 months.

Building cars that they book as "sold" but are just filling dealer
lots to overflowing.

Now the the election is over, the avalanche of layoffs will start.

got a cite for that?

Fox "news" for sure! They make up all sorts of things like that.

Malcom "Mal" Reynolds wrote:

GM and many other manufacturers have been "channel-stuffing" over the
past 6 to 9 months.

Building cars that they book as "sold" but are just filling dealer
lots to overflowing.

Now the the election is over, the avalanche of layoffs will start.

got a cite for that?

Here's one - on the "stuffing." I can't tell about the possible layoffs:

"...the entire incremental rise in sales [between September & October], and
then some, was due to [GM] stuffing dealers with even more inventory than
they can possibly handle!"

http://www.zerohedge.com/news/2012-1...g-soars-record

In article ,
"HeyBub" wrote:

Malcom "Mal" Reynolds wrote:

GM and many other manufacturers have been "channel-stuffing" over the
past 6 to 9 months.

Building cars that they book as "sold" but are just filling dealer
lots to overflowing.

Now the the election is over, the avalanche of layoffs will start.

got a cite for that?

Here's one - on the "stuffing." I can't tell about the possible layoffs:

"...the entire incremental rise in sales [between September & October], and
then some, was due to [GM] stuffing dealers with even more inventory than
they can possibly handle!"

http://www.zerohedge.com/news/2012-1...g-soars-record

but what's the point?

"HeyBub" wrote:
Malcom "Mal" Reynolds wrote:

GM and many other manufacturers have been "channel-stuffing" over the
past 6 to 9 months.

Building cars that they book as "sold" but are just filling dealer
lots to overflowing.

Now the the election is over, the avalanche of layoffs will start.

got a cite for that?

Here's one - on the "stuffing." I can't tell about the possible layoffs:

"...the entire incremental rise in sales [between September & October], and
then some, was due to [GM] stuffing dealers with even more inventory than
they can possibly handle!"

http://www.zerohedge.com/news/2012-1...g-soars-record

In looking at used cars, I've seen a big increase of good deals on craigs
list this past October from summer. I figure they are buying new cars. I
bought two used.

Greg

On Thu, 08 Nov 2012 20:03:59 -0500, wrote:

"...the entire incremental rise in sales [between September & October], and
then some, was due to [GM] stuffing dealers with even more inventory than
they can possibly handle!"

http://www.zerohedge.com/news/2012-1...g-soars-record

but what's the point?

The point was to delay the GM layoffs until after the election. Expect
a massive one within a month. That ripples down through all the
suppliers, including the ones in Ohio.

Cookin' the Books?

Looks good when the cars are on the lot and not at the factory.

In article , Oren
wrote:

On Thu, 08 Nov 2012 20:03:59 -0500, wrote:

"...the entire incremental rise in sales [between September & October],
and
then some, was due to [GM] stuffing dealers with even more inventory than
they can possibly handle!"

http://www.zerohedge.com/news/2012-1...g-soars-record

but what's the point?

The point was to delay the GM layoffs until after the election. Expect
a massive one within a month. That ripples down through all the
suppliers, including the ones in Ohio.

Cookin' the Books?

Looks good when the cars are on the lot and not at the factory.

yes, that's easy enough to understand, but when you play that kind of game with
this type of inventory, it catches up with you unless they are predicting huge
sales in the next month(s)

In article ,
wrote:


The federal government is still the largest single stock holder in GM
holding a third of it. The management likes to make the stock holders
happy.


And I am sure the management team remembers how they cleared out their
predesesors.
--
America is at that awkward stage. It's too late
to work within the system, but too early to shoot
the *******s."-- Claire Wolfe

In article ,
Kurt Ullman wrote:

In article ,
wrote:


The federal government is still the largest single stock holder in GM
holding a third of it. The management likes to make the stock holders
happy.


And I am sure the management team remembers how they cleared out their
predesesors.

like that could actually happen again

In article ,
"Malcom \"Mal\" Reynolds" wrote:

In article ,
Kurt Ullman wrote:

In article ,
wrote:


The federal government is still the largest single stock holder in GM
holding a third of it. The management likes to make the stock holders
happy.


And I am sure the management team remembers how they cleared out their
predesesors.

like that could actually happen again

Any particular reason to think it couldn't? The precedent is surely
there.
--
America is at that awkward stage. It's too late
to work within the system, but too early to shoot
the *******s."-- Claire Wolfe

In article ,
Kurt Ullman wrote:

In article ,
"Malcom \"Mal\" Reynolds" wrote:

In article ,
Kurt Ullman wrote:

In article ,
wrote:


The federal government is still the largest single stock holder in GM
holding a third of it. The management likes to make the stock holders
happy.


And I am sure the management team remembers how they cleared out their
predesesors.

like that could actually happen again

Any particular reason to think it couldn't? The precedent is surely
there.

so was the blowback

In article ,
wrote:

On Fri, 09 Nov 2012 16:17:49 -0700, "Malcom \"Mal\" Reynolds"
wrote:

In article ,
Kurt Ullman wrote:

In article ,
"Malcom \"Mal\" Reynolds" wrote:

In article ,
Kurt Ullman wrote:

In article ,
wrote:


The federal government is still the largest single stock holder in GM
holding a third of it. The management likes to make the stock holders
happy.


And I am sure the management team remembers how they cleared out their
predesesors.

like that could actually happen again

Any particular reason to think it couldn't? The precedent is surely
there.

so was the blowback

When GM goes belly up again there will be calls for scalps political
and in the board room.

always, but it's evolution in action and it's good for the entitled to every
once in a while stand in lines