Teachers and Students > Debates
General motors bankrupt again
nid404:
--- Quote from: The Dude 321 on September 11, 2009, 11:38:57 pm ---I know quite well the Tata is the worst Car company in the world, with a record for highly dangerous to the environment. The Longivity of the Nano in normal circumstances is 2 yrs. It pollutes 3 times as much as an average Ford. And most importantly, it is very unsafe, as its frail body is made of thin steel, 3 times thicker than and alluminium can's coating.
About GM, it does not deserve to make cars, Toyota provides the best cars, both frndly to environment and also cheap for the quality it provides. Rarely people comment badly about a Corolla.
GM should go bankrupt because all they do is spend money on buying expensive assets such as private jets. And the cars it makes are unpopular even in the US. It should stop wasting government money. However, if it does go bankrupt, the ppl it owes money to will get it over a lon perios of time hence, creating financial trouble for them.
However, it is not the GM company that is to be blamed completely, but rather the Western, especially American Banks that led to reduction in the availabity of finance, as they themselves went bankrupt and also led to others being so. Problem here really is credit speding and speculation. The western financial system is one that is "screwed up", it frankly does not work and the sophistication is far to advanced, causing loop holes to form, thus allowing financial gurus to take advantage of them.
--- End quote ---
That's right..TATA's cars are known to cause potential harm to the environment.....but I still feel sad for the employees of GM Motors
Toyota is amazing though :) Wish to see hybrid cars and the lot coming from their side
astarmathsandphysics:
The employees of gm are also responsible for the company's bankruptcy. They fought like fury to protect their benefits, be the company in ever so much trouble.
X Abdulrahman X:
yea gm are stupid, they should decrease their prices and try to sell as much as they can even with little profit, and reduce the number of employees and factories they have, then try to get more shareholders and new ideas..
~~~~shreyapril~~~~:
my dada says that if u want to buy tata goods buy a truck
cause they use truck engine in their cars!!!
silly company
astarmathsandphysics:
truck engine in their cars.
Actually for a car company that is a niche market.
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