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#1
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With Ohio This Election's Deciding State, Here Is The Truth Behind Its "Jobs Miracle"
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? |
#2
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With Ohio This Election's Deciding State, Here Is The Truth Behind Its "Jobs Miracle"
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. |
#3
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With Ohio This Election's Deciding State, Here Is The Truth Behind Its "Jobs Miracle"
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 |
#4
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With Ohio This Election's Deciding State, Here Is The Truth Behind Its "Jobs Miracle"
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? |
#6
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With Ohio This Election's Deciding State, Here Is The Truth Behind Its "Jobs Miracle"
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) |
#7
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With Ohio This Election's Deciding State, Here Is The Truth Behind Its "Jobs Miracle"
"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 |
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