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To: willcousa who wrote (3318)12/17/2002 9:26:31 AM
From: robert b furman  Respond to of 13403
 
OFF Topic,

Yes that is true.In the past major cash rebates occurred on cars.

Last year GM for the first time sold more trucks than cars.

Cars historically had big cash rebates - trucks since they sold better didn't have the cash - but did have the 0.0.

Trucks have had more price increases and now are getting some better cash rebates.

It is a shell game to keep prices static and keep working on your cost reduction plans.This has created better profits.

An example GM invented Hydroforming frames from tube stock instead of stamping and welding heavy flat steel stock.

The strike that stopped production @ GM several years ago was to force GM to keep the frame jobs in Flint Metal stamping plant.GM wanted to outsource it - now they've reinvented it.

The cost savings from Hydroforming from tube stock, which creates a stronger and lighter frame, saves 400-500 million per year.

Technology still surfaces in even low tech companies - although not near as frequently.

I'm biased as heck - but GM is a good story for America and old tech in general.

Bob