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GM Halts Sales Of Chevy Cruze; Gives No Reason

Tyler Durden's picture




 

And the hits just keep on coming for new CEO Mary Barra. By now she must be suspecting Dan Akerson threw her under the bus as he left the sinking ship. On the heels of all-time record high inventories (over-built amid a frenzy of mal-investment last year), massive recalls (amid ignition switch problems linked to 12 deaths), and potential bankruptcy fraud, GM announced today that it has instructed dealers to stop selling 2013 and 2014 Chevrolet Cruzes but gave no reason for the halt.

 

Reuters confirms,

"I can just confirm that we put a stop-sale in last night," GM spokesman Alan Adler said.

 

He said he did not have any details on why the action was being taken, but said stop-sale orders can happen for various reasons. He said stop-sale orders mean the dealers need to do something to the vehicle before it can be sold.

Via WSJ,

Chevrolet dealers received a stop-delivery via email Thursday advising them to halt sales of Cruze models with 1.4-turbo engines, according to a copy of the notice viewed by The Wall Street Journal. A reason for the notice wasn't provided.

 

"This is something we don't see every day," said one dealer who asked not to be identified since he shared the internal document. "To not be given a reason must mean GM has spotted an issue and is still trying to get its arms around it."

 

A GM spokesman confirmed a notice was sent late Thursday but declined to provide details. Automotive News reported the stop-delivery order earlier Friday. The notice affects only 1.4 Liter turbo charge Cruze.

 

The number of vehicles impacted could be relatively small since the notice only covers 60 days worth of production.

If we build it (and stack them high on dealer lots) they won't come if they fear spontaneous combustion...


 

GM Chief Executive Mary Barra is scheduled to testify to both chambers of Congress next week as members of the House and Senate seek to learn how the problem did not result in a recall earlier despite being first noted within the company in 2001.

Bring your popcorn...

 

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Fri, 03/28/2014 - 11:35 | 4602628 OldPhart
OldPhart's picture

I wlll never buy anything from Government Motors...ever.

Fri, 03/28/2014 - 11:40 | 4602642 TahoeBilly2012
TahoeBilly2012's picture

Chevy what? Ford or walk.

Fri, 03/28/2014 - 11:41 | 4602653 NotApplicable
NotApplicable's picture

In other news, GM now has a scape-goat to defend record-high channel-stuffing.

Fri, 03/28/2014 - 11:47 | 4602669 666
666's picture

I can give you a reason for the stop sell order: the Cruze sucks.

Fri, 03/28/2014 - 11:57 | 4602702 tarsubil
tarsubil's picture

They are trying to build inventories for the Christmas blitz.

Fri, 03/28/2014 - 12:54 | 4602875 TerminalDebt
TerminalDebt's picture

built by union thugs

Fri, 03/28/2014 - 13:56 | 4603125 Town Crier
Town Crier's picture

Union thugs, also known as welfare queens.

Fri, 03/28/2014 - 14:29 | 4603255 Agstacker
Agstacker's picture

My first job was bagging groceries in a supermarket.  It was required to join the union and pay dues, even tho the only position that wasn't guaranteed raises and other union benefits was...the bagger.  I've had no interest in joining a union since.

Fri, 03/28/2014 - 16:27 | 4603646 666
666's picture

My first job at the ripe old age of 16 was at Bradlees making $1.60/hr. After 30 days, I had to join the union and was given a raise to $2.00/hr. After deducting union dues, my real wage before taxes dropped to $1.50/hr. What a great deal for us workers! And of course the union did nothing to help me when I was fired for refusing to do a dangerous task without being issued canvas work gloves, a task I did once previously for them and ended up all cut up and bleeding.

Fri, 03/28/2014 - 16:45 | 4603696 NidStyles
NidStyles's picture

Statists only want you if they can con you into doing their dirty work for them.

 

Fri, 03/28/2014 - 19:29 | 4604262 mjcOH1
mjcOH1's picture

""To not be given a reason must mean GM has spotted an issue and is still trying to get its arms around it.""

 

There was money being made.   The new union owners (Thanks Obama!) became confused by this and ordered a work stopage.  Problem solved.

Fri, 03/28/2014 - 11:58 | 4602708 SilverIsKing
SilverIsKing's picture

How would you feel now if you already owned one?  Not really in the mood for a weekend drive, huh?

I don't and would never own a GM car or truck.

Fri, 03/28/2014 - 12:09 | 4602745 McMolotov
McMolotov's picture

Dropping the 'i' and replacing the 's' with a 'z' doesn't make a car sound cool, it just makes the person who named it sound like a fucking moron who can't spell.

Fri, 03/28/2014 - 12:14 | 4602759 TahoeBilly2012
TahoeBilly2012's picture

See any Avalanches on the road anymore? Chevy is the undisputed king of "trailer park style", gawd help us.

Fri, 03/28/2014 - 12:24 | 4602776 y3maxx
y3maxx's picture

...Will need a "fall guy" for NSA, Obamacare, GM Bankruptcy #2, Student Loan Bubble, Syria, Russia. ..."The Buck stops here"... goodbye, so long, farewell....Comrade Obamao.....Soon to be known as
"the Fall Guy in Chief"

Fri, 03/28/2014 - 12:28 | 4602810 Midas
Midas's picture

I always figured the spelling was to appeal to our new hispanic citizens, residents, undocumented workers, pre-legalized friends.  I guess GM learned from the No Va.

Fri, 03/28/2014 - 14:21 | 4603213 Deathrips
Deathrips's picture

New Slogan.

 

The Chevy CURSE. The moneypit of planned obsolescence.

 

RIPS

Fri, 03/28/2014 - 14:26 | 4603245 loonyleft
loonyleft's picture

deleted

Fri, 03/28/2014 - 13:00 | 4602891 Silver Bully
Silver Bully's picture

'I can give you a reason for the stop sell order: the Cruze sucks.'

I wonder if this is also related to the ignition recall. GM has been using this same freaking ignition switch on multiple models since they slapped it on the Saturn Ion back in 2003. It's currently on the Chevy Cobalt, which started the whole ignition switch recall to begin with. now this with the Cruz. makes me wonder what other vehicles of theirs are having starter issues.

Fri, 03/28/2014 - 15:03 | 4603362 TruthInSunshine
TruthInSunshine's picture

"...makes me wonder what other vehicles of theirs are having starter issues.."

It's more of a stopping and/or not crashing into things/other cars/buildings/trees/etc. issue, but yeah...

Fri, 03/28/2014 - 12:26 | 4602805 KickIce
KickIce's picture

The Janet Yellin of the auto industry.

Fri, 03/28/2014 - 13:04 | 4602905 de3de8
de3de8's picture

But it's Chevy truck month

Fri, 03/28/2014 - 15:00 | 4603352 Boxed Merlot
Boxed Merlot's picture

Chevy truck month...

 

That's only during baseball season.  Well, until football starts.  And then there's March Madness.  Oh wait, no, that's Toyotathon.

 

 

Fri, 03/28/2014 - 14:16 | 4603193 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

I used to be a chevy guy, no longer EVER again.. Now I'm loving my F150 and a 5.0 Mustang GT that is really fast and handles well now that I have spent a few dollars in the suspension. I love corvettes, but it's still a chevy.

Fri, 03/28/2014 - 16:48 | 4603710 NidStyles
NidStyles's picture

The 20 year old Honda Civic I have outside still starts everytime and gets great gas mileage. It was also only a $2k car and I own it outright. I can not complain with it, as it has never failed me. 

Fri, 03/28/2014 - 11:40 | 4602650 Dollarmedes
Dollarmedes's picture

I hope this means we Americans get a "do-over" on the GM bailout.

Fri, 03/28/2014 - 11:43 | 4602661 Oh regional Indian
Oh regional Indian's picture

Low to nil, I'd say. Conservatively speaking that is. 

 

Fri, 03/28/2014 - 12:06 | 4602738 BandGap
BandGap's picture

Th Chevy Aveo, the fucking Edsel of this generation.

The Aveo is easily the biggest piece of shit car since the Pinto.

Fri, 03/28/2014 - 12:23 | 4602796 XitSam
XitSam's picture

Vega

Fri, 03/28/2014 - 12:41 | 4602844 BandGap
BandGap's picture

I bought  '74 Vega for $50 in 1984. Loaded all my shit into it and went to graduate school. Never drove it agian, signed it over to a friend a year later who drove it into the ground at around 90K miles..

Yes, an original aluminum block engine. Only two of the fur cylinders held compression whe I got it, hence the sale price. It was such a piece of shit people wanted it because of that aluminum block and the doors (?). Nostalgia doesn't have to make sense.

Chevy disaster.

 

Fri, 03/28/2014 - 16:03 | 4603565 caShOnlY
caShOnlY's picture

When your a shit corporation with a shit union in tow, u make shit.   The only thing keeping this hulking sorry sack of shit mixed with crushed assholes alive is our 30 billion "gift" of taxdollars.

do you really believe free markets exist? just look at GM to get your answer.

Fri, 03/28/2014 - 11:53 | 4602687 Blood Spattered...
Blood Spattered Banner's picture

^ This.  They made shitty cars for decades, and deserved to go out of business, not get bailed out.

What is lost on most people is that if GM would have been left to die, several better car manufacturers would have surfaced. 

 

Fri, 03/28/2014 - 11:58 | 4602707 V in PA
V in PA's picture

What about the UAW? Have you no heart sir?

Fri, 03/28/2014 - 16:51 | 4603716 NidStyles
NidStyles's picture

Nothing but a bunch of violent over-paid uneducated statists. 

Fri, 03/28/2014 - 12:01 | 4602716 Bangin7GramRocks
Bangin7GramRocks's picture

I agree. They should have gone out of business. But the same applies to every big bank and investment bank in this country. They all did shitty banking for a decade and deserved to die. But they were all saved too and it cost exponentially more to the American taxpayer. This entire country is bankrupt. Stop pointing fingers at isolated broke dick companies.

Fri, 03/28/2014 - 12:24 | 4602799 XitSam
XitSam's picture

I have lots of fingers.

Fri, 03/28/2014 - 12:40 | 4602841 pods
pods's picture

Well there are many leaks in the dike, so we might need them.

pods

 

Fri, 03/28/2014 - 12:17 | 4602771 laomei
laomei's picture

Yes, GM makes garbage and deserves to go under, but they were bailed out not because of the UAW, rather it was due to all the parts manufacturers and supporting infrastructure.  It was a systemic issue, not in any way isolated.  Letting GM die would have knocked out suppliers which would have resulted in Ford and others dying as well, basically, the entire sector would have gone under.  Over a million jobs vaporized is what would have been the end result.  The lesson learned from this crap is to be systemic as possible and ensure that your failure guarantees the failure of far more than you alone.  With this leverage, you are too big to fail and the government will bend over backwards to throw free money at you.

 

Realistically speaking, better car manufacturers already exist, they'd simply just eat the market share, primarily Japanese, Korean and German. 

Fri, 03/28/2014 - 12:32 | 4602819 Blood Spattered...
Blood Spattered Banner's picture

While I don't disagree that the auto parts/servicing sector was the underlying cause for keeping GM afloat, where I disagree is that they too couldn't have rebounded.  The entire US auto industry wouldn't have went under.  In capitalistic societies failure is part of the game, but in an actual free market (which we sure as shit don't have), businesses rise from the ashes leaner, smarter and stronger.  I certainly would have stung in the short-term, no doubt. 

Fri, 03/28/2014 - 13:13 | 4602935 TuPhat
TuPhat's picture

Blood is right.  A lot of GM parts (including engines etc.) are purchased from japanese, Korean, and chinese companies.  Delco Remy, the premium GM parts company was sold to the Japs several decades ago.  Parts suppliers would have only lost the money GM owed them and then they would have continued to sell parts to car makers that are doing a better job.  We would have all been a little better off including the UAW workers.  I know GM engineers whose job is to decide wether japanese or chinese parts are better.

Fri, 03/28/2014 - 13:41 | 4603064 BigJim
BigJim's picture

 Yes, GM makes garbage and deserves to go under, but they were bailed out not because of the UAW, rather it was due to all the parts manufacturers and supporting infrastructure.  It was a systemic issue, not in any way isolated.  Letting GM die would have knocked out suppliers which would have resulted in Ford and others dying as well, basically, the entire sector would have gone under. 

I've heard this argument that the bailout was to save all the smaller, independent parts manufacturers. The implied corollary to this 'reasoning' is that if those parts had been manufactured by GM in house, then it would have been ok to let GM fail? Despite the fact that the number of people being laid off in toto would have been the same?

Suppliers reliant on GM orders may have gone under - but you appear to forget Bastiat's chief lesson regarding government spending - that which is unseen.

First, when the government bailed out GM, that capital had to come from somewhere, thus reducing the buying power of everyone it was taken from. So the government 'saved' GM at the expense of other, more efficient manufacturers, of vehicles and everything else. Second, with GM no longer supplying vehicles, demand would have meant more orders for the other manufacturers, in turn creating demand from those shops/employees who had been supplying GM.

Saving GM reduced the citizenry's buying power. It made everyone not immediately downstream of the bailout poorer.

Fri, 03/28/2014 - 16:54 | 4603722 NidStyles
NidStyles's picture

Not everyone actually understands economics. This is something I am sure you have learned as well. 

Sat, 03/29/2014 - 11:22 | 4605349 franciscopendergrass
franciscopendergrass's picture

I would not even call that economics.  I would just call it common sense

Fri, 03/28/2014 - 17:20 | 4603794 OldPhart
OldPhart's picture

Goobermint also set up the Cash for Clunkers program.  Another offset to GM...and other car companies.  It encouraged morons to scrap their cars in exchange for a newly financed piece of shit car.

Trade ins distroyed...and the unseen cost was soaring prices for used cars.  Those that couldn't afford a new car to begin with couldn't afford the used one now. 

Fri, 03/28/2014 - 11:57 | 4602699 williambanzai7
williambanzai7's picture

Fri, 03/28/2014 - 12:00 | 4602713 SilverIsKing
SilverIsKing's picture

I think I figured out the problem.  There's a moron in the engine.

Fri, 03/28/2014 - 12:21 | 4602791 Larry Dallas
Larry Dallas's picture

Reason #245 why I will never buy a "Murican car.

 

Fri, 03/28/2014 - 12:24 | 4602800 Scoobywan
Scoobywan's picture

I've only driven GM since I was 16

'85 Regal

'68 Impala

'79 Camaro (Still have this, but doesn't see the road except on pristine days)

'95 S-10

'02 Blazer (Only one I bought new)

 

All bought before Government Motors was formed from General Motors.

 

Still drive the Blazer, it's old, shows its age, and is being replaced in 4 weeks...with a Toyota Tacoma.

Not because I'm tried of GM, but Toyota is a better product.

 

GM did me just fine over the last 20 years

 

 

 

 

Fri, 03/28/2014 - 13:30 | 4603012 BigJim
BigJim's picture

Well, I calculate that on average each GM car lasted you 4 years. You might think that's 'fine' but I personally would prefer spending the money on a vehicle which will last a whole lot longer.

Fri, 03/28/2014 - 16:56 | 4603728 NidStyles
NidStyles's picture

Even a used car that needs a little work would be better if it was from a reputable company and good on gas.

I would never waste money on a GM product, as I know it's going to break down and I prefer to have my money in my pocket. 

Fri, 03/28/2014 - 13:17 | 4602947 ejmoosa
ejmoosa's picture

I also include Chrysler on that list myself....

Fri, 03/28/2014 - 13:51 | 4603101 drendebe10
drendebe10's picture

Gummint Motors makes nothing I want to own or drive....

Fri, 03/28/2014 - 11:36 | 4602633 Bunga Bunga
Bunga Bunga's picture

And production continues?

Fri, 03/28/2014 - 11:46 | 4602666 jcaz
jcaz's picture

Of course- when does production have anything to do with sales at GM?    Plenty of black lots in Michigan to park them on.....

Fri, 03/28/2014 - 11:59 | 4602712 Newfie
Newfie's picture

GM = General Moron

Fri, 03/28/2014 - 12:42 | 4602847 Bunga Bunga
Bunga Bunga's picture

I see, central planning is working.

Fri, 03/28/2014 - 11:41 | 4602634 Rainman
Rainman's picture

This ain't nuthin ... wait until Grandma Yellen gets Cruzed by her handlers.

Fri, 03/28/2014 - 11:37 | 4602635 ZeroPoint
ZeroPoint's picture

I bought an HHR. I tried to remove the OnStar box but they made so difficult, there was no way I could do it without going to a mechanic. It was actually easier to access and remove the car's computer than the OnStar box. 

I won't buy another Chevy again.

 

 

Fri, 03/28/2014 - 11:39 | 4602646 NotApplicable
NotApplicable's picture

What about that antenna on the roof?

Fri, 03/28/2014 - 14:18 | 4603203 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

You mean the roof penis?

Fri, 03/28/2014 - 17:55 | 4603933 SmackDaddy
SmackDaddy's picture

you have terrible taste

Sat, 03/29/2014 - 11:27 | 4605357 franciscopendergrass
franciscopendergrass's picture

On Star brought to you by the NSA

Fri, 03/28/2014 - 11:37 | 4602636 Haus-Targaryen
Haus-Targaryen's picture

This has to be bad for a stop-sale.  I mean, the Green-energy Volts were bursting into flames and GM still tried their best to sell those things.

Fri, 03/28/2014 - 12:01 | 4602717 SilverIsKing
SilverIsKing's picture

If they just rename it the Chevy Tesla, they can begin selling them again.

Fri, 03/28/2014 - 12:23 | 4602794 SilverIsKing
SilverIsKing's picture

It's the bluetooth steering wheel.  It doesn't need to be connected physically.  It's virtual.  Like Xbox or PS4.

Fri, 03/28/2014 - 12:31 | 4602817 Scoobywan
Scoobywan's picture

Steering wheels and Ignition switches aren't unique to the Turbo ICE in the Cruze.

It's more likely to do with the engine bay heat causing wiring failures or some other failure for important modules.

Turbos generate a lot of heat.

Time will tell if I'm remotely close.

Fri, 03/28/2014 - 13:37 | 4603046 Deepskyy
Deepskyy's picture

With a small engine/high spool turbo setup it could be a number of things.  I think you will prove correct, but lets not discount engine fires due to shoddy quality oil fittings, cracking to the exhaust manifold, or head gasket failure!

 

Yay shitty workmanship!  European and Japanese manufactures have been able to produce quality small displacement turbo vehicles for decades with minimal fail rates.  For the "best and the brightest" we sure do suck and some fairly simple tasks.

 

Fri, 03/28/2014 - 17:01 | 4603744 NidStyles
NidStyles's picture

Knowing US manufacturers it was due to a poor manifold design and cheaping out on the materials to make it. Typical of GM, and American brands in general. 

Sat, 03/29/2014 - 11:32 | 4605364 franciscopendergrass
franciscopendergrass's picture

Where shareholder value, union protection, and executive pay outweigh pride in tge product, safety, reliability and investment in R&D

Fri, 03/28/2014 - 17:00 | 4603740 NidStyles
NidStyles's picture

Turbos do not generate heat, they collect it and restrict it.

If the turbine housing is running too hot then the issue is in the timing and fueling system. It's squirting too much fuel and pulling too much timing which is what most factory turbo cars do, which is why turbos are seen as unreliable, because companies like GM use old tuning techniques to bandage the turbo setup rather than fixing it the proper way with a more efficient setup and proper turbo sizing and adaptive tuning. 

Fri, 03/28/2014 - 11:37 | 4602638 spekulatn
spekulatn's picture

Buy AmeriKan bitchez!!

Fri, 03/28/2014 - 13:18 | 4602953 ejmoosa
ejmoosa's picture

They are turning out some fine American BMWs in South Carolina.

Sat, 03/29/2014 - 11:35 | 4605367 franciscopendergrass
franciscopendergrass's picture

How many union thugs does it take to make a BMW in South Carolina?  NONE.

Fri, 03/28/2014 - 11:39 | 4602645 syntaxterror
syntaxterror's picture

As long as none of the giant SUV/Truck sales get suspended, it's all good. Or any of their 500+ HP vehicles.

Fri, 03/28/2014 - 11:42 | 4602659 NotApplicable
NotApplicable's picture

Given they're fully deductible from taxes, I expect those thing will explode in your driveway long before they ever quit selling them.

Fri, 03/28/2014 - 11:41 | 4602654 Oh regional Indian
Oh regional Indian's picture

Oh No, Cruze control issues perhaps?

ori

Fri, 03/28/2014 - 11:44 | 4602664 NotApplicable
NotApplicable's picture

NSA is likely dealing with an OnStar bug which has hampered their abilities.

Fri, 03/28/2014 - 12:36 | 4602828 Spastica Rex
Spastica Rex's picture

Underrated comment +1.

Fri, 03/28/2014 - 11:42 | 4602656 youngman
youngman's picture

It probably just means that the amnesty bill is not going to pass....the Cruze was built for the Latino Market

Fri, 03/28/2014 - 11:50 | 4602680 Emergency Ward
Emergency Ward's picture

They can bring back the Nova instead....

Fri, 03/28/2014 - 12:09 | 4602744 Cow
Fri, 03/28/2014 - 14:53 | 4603332 dexter_morgan
dexter_morgan's picture

The Corvair. Now is the time!

Sat, 03/29/2014 - 11:37 | 4605372 franciscopendergrass
franciscopendergrass's picture

The Ford Fiesta!

Fri, 03/28/2014 - 11:56 | 4602697 youngman
youngman's picture

my bad..I was thinking about the Chrysler Cruiser....I am not up on my cars anymore...I drive a big truck...Ford...no bailout cars for me anymore

Fri, 03/28/2014 - 11:42 | 4602657 DavidC
DavidC's picture

Who gives a toss, the market's still up over 1/2 a percent...

DavidC

Fri, 03/28/2014 - 12:00 | 4602714 DavidC
DavidC's picture

To the person who marked me down, please note I was being sarcastic.

DavidC

Fri, 03/28/2014 - 11:48 | 4602674 StarfishPrime
StarfishPrime's picture

So there are three Teslas that catch fire, with zero impact to anyone's life/health that get enormous media coverage, and then here we have a case where a large car company stops selling an entire model line presumably for safety reasons, and I haven't seen a headline yet. How does that work? Is the hate for Tesla really that strong? It seems like all the major car companies are doing some sort of a recall or another these days...

Fri, 03/28/2014 - 11:55 | 4602694 jcaz
jcaz's picture

Has nothing to do with "hate for Tesla"-  has to do with laughing at an electric golf cart that claims it's the next coming of Christ......

Such a fine difference between clever and stupid....

Haven't seen a headline yet?   What did you just read here then?

Sat, 03/29/2014 - 11:40 | 4605378 franciscopendergrass
franciscopendergrass's picture

The news media also sells advertising.  How many tesla commercials have you seen?  How many Chevy commercials have you seen?  Can't bite the hand that feeds you.

Fri, 03/28/2014 - 11:53 | 4602688 q99x2
q99x2's picture

I just woke up. Hit the ZH. I read this article and now my whole day is ruined. Of course it could have been any other article but I'm here to fight anyhow so what's the difference.

Fri, 03/28/2014 - 11:57 | 4602700 buzzsaw99
buzzsaw99's picture

The Cruze is really, really awful. It could be any of hundreds of different problems people are having. It is a piece of junk, the crowning piece of junk product from a junk company.

Sat, 03/29/2014 - 11:43 | 4605380 franciscopendergrass
franciscopendergrass's picture

If you take scratch off the Cruze label off the car, you will see the word PINTO.

Fri, 03/28/2014 - 11:57 | 4602701 Stormtower
Stormtower's picture

She'll just take the fifth. 

Fri, 03/28/2014 - 11:59 | 4602709 shutdown
shutdown's picture

The Cruze is a sad, but telling, joke of a car that reminds me of the K car which reminds me of the Pacer which reminds me of Rambler.  You'd think a nation that can send people into space, er ... forget it. 

Fri, 03/28/2014 - 12:06 | 4602729 Never_Put_Down
Never_Put_Down's picture

I owned the Chevy Cobalt pre-bankruptcy. GM repackaged this POS and called it the Cruze, the GM savior. What a joke!

Fri, 03/28/2014 - 12:19 | 4602781 HedgeHammer
HedgeHammer's picture

Replace Rambler with the word Gremlin and you got it.

 

Fri, 03/28/2014 - 12:27 | 4602809 LFMayor
LFMayor's picture

Man, ramblers were tough as a bastard.  My grandfather could tear up an anvil with a sand pile but he only made his way through two AMC Rambler 440's. 

Mary BareAss best get out there and shake that money maker to do good by the rent. 

Fri, 03/28/2014 - 12:52 | 4602869 shutdown
shutdown's picture

Correction noted. Thanbks.  Change Rambler to Gremlin. 

Fri, 03/28/2014 - 12:04 | 4602725 DB Cooper
DB Cooper's picture

Who was that skinny little POS gubmint "expert" who was put in there to "fix" things for the bankruptcy - what did he know and when?

Fri, 03/28/2014 - 12:17 | 4602765 DB Cooper
DB Cooper's picture

Steven Rattner POS

Fri, 03/28/2014 - 12:05 | 4602731 Pairadimes
Pairadimes's picture

THIS is what our President broke laws and destroyed GM corporate bonds in old ladies' retirement accounts for? To build a car that is so bad that even these crooks are afraid to sell it?

Fri, 03/28/2014 - 12:06 | 4602733 Cow
Cow's picture

"There's never been a better time to buy a new car"

 

Fri, 03/28/2014 - 12:13 | 4602750 walküre
walküre's picture

All that hip and cool advertising was for nothing? Wow, America really can't build decent small cars. Ford Focus maybe but the Japanese or Korean options are still better matchbox cars.

How many components of a Cruze are manufactured in Cherry China? Faulty or second grade Chinese parts in American or European cars are the death of all new models over the last 10 years. Don't care if the hood has a blue and white flag or a star or rings. The new cars are not as reliable and durable as previous models.

Fri, 03/28/2014 - 12:11 | 4602751 Hangfire
Hangfire's picture

Anyone notice that in the last couple of weeks that every time GM announces bad news their stock goes up. 

Sat, 03/29/2014 - 11:51 | 4605394 franciscopendergrass
franciscopendergrass's picture

It was like QE.  Bad news meant we were going to be on QE for a longer period. Printing money to save an auto maker or an economy is not a good idea.  Darwinism works in nature.  Nature does not bailout species.  She just let the unfit die.  .gov should take a hint from nature or Austrian economists

Fri, 03/28/2014 - 12:11 | 4602753 Seasmoke
Seasmoke's picture

I would not take a Chevy for Free.......a Cadillac perhaps, but no way a Chevy. 

Fri, 03/28/2014 - 14:40 | 4603297 Boxed Merlot
Boxed Merlot's picture

a Cadillac perhaps...

 

 

You know what they're saying about Rolls Royce being able to track every engine Boeing uses in their 777s day or night anywhere on the face of the earth?  That's something similar to the tracking / computer interfacing used in one of those things.  No wonder vintage rebuilts are such a rage now a days.  At least you may be able to run down to the store or a drive around the block without setting off a Jason Bourne tracing history.

Fri, 03/28/2014 - 17:37 | 4603849 NidStyles
NidStyles's picture

They can't track those engines in the air. Only at the terminals. 

Fri, 03/28/2014 - 12:13 | 4602755 RiverRoad
RiverRoad's picture

They only let a woman or a black in when it's time to  clean up.  If Hilary gets the nomination....run for the hills.

Fri, 03/28/2014 - 12:24 | 4602798 Stud Duck
Stud Duck's picture

I had te same thoughts regarding the FED chairman thing!

Fri, 03/28/2014 - 12:15 | 4602757 Bill of Rights
Bill of Rights's picture

Just another fine example of what the Government touches it fucks up royally. Add in Financing, Housing, Schooling, Healthcare... the list goes on...LIBERAL FAILURES!

Fri, 03/28/2014 - 12:18 | 4602762 TalkToLind
TalkToLind's picture

What's even more bizarre is that Chevrolet is still selling (or trying to sell) the Volt...which sucks more than the Cruze!

Fri, 03/28/2014 - 12:15 | 4602766 fxrxexexdxoxmx
fxrxexexdxoxmx's picture

Government Motors will keep getting a pass by the media, by the agencies which are suppose to regulate, by the congress, and by ever supporter of the UAW.

They will never be held accountable and finally when sales fall to zero, Obama will wave his first African American President of the United States magic wand and create a program which gives people the credit to buy only GM cars @ 0% interest for 500 months. All will be fine.

Fri, 03/28/2014 - 12:18 | 4602772 Judge Crater
Judge Crater's picture

In 2012, GM recalled all Chevy Cruze cars because of a potential engine fire problem.  I guess the fix done then was not good enough.  Maybe GM should rename the Cruz the Obama Car, to go along with Obamacare.

Fri, 03/28/2014 - 12:19 | 4602778 syntaxterror
syntaxterror's picture

GM up 1.3%. Suspend more sales of the garbage please!

Fri, 03/28/2014 - 13:15 | 4602942 Kelley
Kelley's picture

In China.

 

What happens when China pulls the plug on GM?

 

Apparently having a stop sale is a good thing in your mind.

Fri, 03/28/2014 - 13:35 | 4603032 syntaxterror
syntaxterror's picture

apparently, selling cars that kill people is a wonderful thing in the market's "mind", but not mine.

Fri, 03/28/2014 - 12:19 | 4602782 Randy Goodnight
Randy Goodnight's picture

Who would ever buy and American car?  My parents bought enough American crap to keep me away forever.  Chevy Nova, Buick Regal, Dodge Omni - Each one a POS

Fri, 03/28/2014 - 12:21 | 4602788 kw2012
kw2012's picture

Rented a Buick Regal once. OMG, worst car I ever drove. turned me off on Buicks for ever and my parents drove LeSabres

Fri, 03/28/2014 - 12:20 | 4602784 kw2012
kw2012's picture
Chevy Cruze? 

 

Never heard of it. Maybe that's why.

Fri, 03/28/2014 - 12:21 | 4602786 Stud Duck
Stud Duck's picture

My chicken shit brother in law asked me what kind of car to buy, wanted economy, I suggested the Cruze,  he bought one  This article has made my day!!! Cherishing how I am going o rub it in, work on that serious devaluation thing, He is big on GM and Obummer, this is going to be fun. fun, fun. He hates to ose money,but such an idiot with a high opnion of himself. Oh, man, thanks ZH!!!

Fri, 03/28/2014 - 12:25 | 4602797 LongOfTooth
LongOfTooth's picture

The GM Cruze webpage says "Who Says You Can't Have It All?".  

http://www.chevrolet.com/cruze-compact-car.html 

Perhaps some thought should be given to rewording it, something like "We sez you can't have it!".

 

Fri, 03/28/2014 - 12:35 | 4602824 VWAndy
VWAndy's picture

GM=Zombie.

 Maybe they could use onstar to shut off peoples cars in such a way as to generate more repair work? Might as well cuz the old buiseness model of making a decent product is dead. They could also try shutting off cars repaired at independant shops. Its a matter of national security. Just make sure not to turn off any government employees cars.

Fri, 03/28/2014 - 12:42 | 4602849 orangegeek
orangegeek's picture

GM is selling cars?  I guess if you call parking cars in a farmer's field in Indiana and letting them rust because no one is buying a sale, then I guess they are.

Fri, 03/28/2014 - 13:02 | 4602899 VWAndy
VWAndy's picture

Or they could write a law making all check engine light repairs be done at the dealers only. Hook it up thru the DMV with the nessasary fines of course.

Fri, 03/28/2014 - 13:21 | 4602963 lostcause
lostcause's picture

It's funny how every company that the government seems to bail out or get behind fails. When will people realize that failure is a good thing. We don't get better unless we learn how to fail. It allows us to see what works and what doesn't. By propping up every failing company, your essentially saying there are no losers. Risk and failure must be a part of every business. Government should never be in the process of picking winners or losers, but only be there to make sure everyone is playing by the same rules. Small businesses fail everyday in this country and you never hear them being bailed out. The economy will only improve when failure is allowed to happen.

Fri, 03/28/2014 - 13:23 | 4602979 VWAndy
VWAndy's picture

Dream on.

Fri, 03/28/2014 - 13:24 | 4602973 GotNuttin'todo
GotNuttin'todo's picture

This is my surprised face ....

Guess you can't post pictures.

Fri, 03/28/2014 - 13:28 | 4603000 the not so migh...
the not so mighty maximiza's picture

they will start crushing these cruzes and recycle them to make metal obamacare membership cards.

Fri, 03/28/2014 - 13:33 | 4603023 Mac Avelli
Mac Avelli's picture

Dammit.. my Cruze ECO has been dam near perfect for 32000 miles now...I was starting to like Chevy again in spite of all the bailout bullshit, union crap, and crappy cars like the Aveo, Cobalt, and Volt.

Fri, 03/28/2014 - 13:56 | 4603124 Cold Grub
Cold Grub's picture

Just turned 420,000 klicks on my 96 GMC 3500 4x4 . Original 454 auto . I can pass every thing except the Gas Station

Chevy........LIKE A ROCK

Fri, 03/28/2014 - 14:20 | 4603221 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

Pre 2007 chevy was good.

Fri, 03/28/2014 - 17:39 | 4603861 NidStyles
NidStyles's picture

No, no it really was not. 

Fri, 03/28/2014 - 14:15 | 4603191 kchrisc
kchrisc's picture

I still like that trumped up safety/recall thing they pulled on Nissan, or was it Toyota, a few years back.

Seemed, to me, to have been politically motivated.

Anyways, "It's only as safe as the number of pols and crats the manufacture paid off to say it is."

 

"My guillotine is safe at any speed. At for the operator, that is"

Fri, 03/28/2014 - 14:30 | 4603260 Uchtdorf
Uchtdorf's picture

But what do with the Cruze they sold yesterday? Call the buyer, "Uhm, about that car..."

Fri, 03/28/2014 - 14:31 | 4603264 Duude
Duude's picture

Best cartoon i've seen all day.

Fri, 03/28/2014 - 14:59 | 4603347 dexter_morgan
dexter_morgan's picture

Maybe they should update the old Corvair and bring that sucker back. Get Nader to write another book about it and all that. Bullish!

Fri, 03/28/2014 - 16:36 | 4603672 RockyR
RockyR's picture

it's not like GM was ever any good!

 

well, maybe they were one time long ago.  but, i doubt even that.

Fri, 03/28/2014 - 17:33 | 4603837 Atomizer
Atomizer's picture

I thought GM discontinued the removable NASCAR steering wheel edition.

Sat, 03/29/2014 - 12:05 | 4605411 franciscopendergrass
franciscopendergrass's picture

.gov spends all its time, R&D, money on weapons, surveillance, and empire.  It spends little effort on fixing ignition problem.  It cares more about spying on Merkel than it cares about making people don't die in a Chevy Cruze. 

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