Toyota is forecast to surpass GM production output this year.
GM says that it will not let that happen. Good news I've read for GM is at the auto show the people/industry analysists liked what they saw. Also, unions are starting to make concessions, GM plants will close to save money, and Toyota output has remained flat and might not go up as much as they think. I've also read GM is going to spend much more money this year improving quality, especially interiors. Management at GM is strong as well.

Analysts really dog GM stock prices. Last year they forecast GM to go bankrupt(even my buddy Jim Cramer), and GM stock was one of the best performers of the year rising 40%. One of cramer's calls that makes him look like a monkey.

GM stock recently dropped from $35 to $30 a share(probably due to the threat of Toyota), and I'm thinking about buying in GM for the long term. The last week GM has rose and TM has gone down.

The bet is if GM holds of toyota, and becomes profitable then the stock would explode. If GM gets beat by Toyota, and there "road to recovery" is going slower then they predict, stock prices will go down.

It's worth a gamble, what do you guys think?? I'll probably put 20% of my portfolio in GM, they also have a 3.3% dividend, which is pretty nice.

Hmm, any other GM investors here??

 

I don't know if they will get passed or not - it's fairly likely and even if GM announced the second coming of christ they still might get passed, because there is something to be said for momentum, and for established reputations.

What GM needs to worry more about is KEEPING their product mix as desirable as it has been in the last couple years of new model releases, and making sure that those cars don't have any serious issues with reliability, making sure they keep their customers happy, etc.

Basically they need to worry less about rankings and more about gaining back their reputation and faithful customer bases that they lost in the last 2-3 decades. Screw the stockholders and their 'profit now even it it hurts us later' mentality. That just won't work, period.

 

Lol, they have no profit now, there EPS is negative as always. They plan to restructure to regain profits. THey lose money every 1/4.

And I agree about rankings, but you see, I'm thinking in terms of stockholder viewpoint. There are "idiot" investors and "hype" traders that will inflate GM stock because of any good news or milestones. And if Toyota is expected to beat GM, and they don't, "hype" investors will drop TM stock and GM will go up. And I'm sure Wagoneer knows that, that is why he made the comment about holding TM off, he knows stock price effect.

An example is dumb asses in the oil company stocks right now, dropping my shares artifically low because of the weather when all these companies have massive profits. I forecast this week when the market opens, oil company stocks will raise 3% because of the ice storms, you have to think like the other guys.

In the long term, I feel GM will regain profitability. I'm talking long term here, I"m not short trading GM shares.....

 

Me.

 

Cramer makes alot of bad calls. I dont really much pay attention to him. I remember he interviewed the KRY CEO on his show and rated KRY a buy. The next week, the stock went down 40% or 50% in one day. He was apologizing for the bad call the next day.

 

The question is when, not if.

 

I thought toyota already surpassed GM's production and sales figures.

In any case I don't see GM folding, they're starting to dig themselves out of the hole they made in the past few decades. In a few years I think GM's going to be the dominant domestic company, and maybe even rival toyota in a few years.

 

Fj Cruiser sucks. Therefor GM will stay in the lead.

 

Sounds like the Media is doing a good job. How many years has Toyota been supposed to surpass GM? How many years have they been short? Lets not forget this is world wide and GM's marketshare has been growing like weeds in China, which itself is a growing market.

Not this year for sure, but maybe down the road.

 

bump. Need info

 

What info??

And for an update, I didn't buy GM yet.

I went ahead and bought some Caterpillar (CAT), they are at 52 week lows(because they missed last 1/4 earnings) and earnings coming out end of this month, I"ll take that gamble. CAT financials look strong and it has support at $59, I bought at $59.25.

For some reason I like this 6-month chart if you buy at $59.........



But, I could be wrong, but thats the nature of the beast I'll know Jan 26.

 

I was being distracted during my last post, but I am looking for more input into the topic

 

So about that info. I am pretty sure GM is gonna **** slap toyota. don't know when, but it's coming. And it's gonna be great (the look on the toyota owners eyes) when they find out they've been long-surpassed.

 

My local Chevrolet dealership just forced all their senior mechanics and service advisors into early retirement. Came out of nowhere. One day the senior service advisor, that handles all our business vehicle repairs was just gone, along with a handful of the other long time employees.

Everyone had gotten an ultimatum on short notice, and were gone the next day. Apparently 12 people are now gone, leaving all the lower rate employees to run things.

Not a good sign methinks...

 

i hope GM can hold'm it isnt looking good now but i think they can do it but im not buying and imports unless its a DD/beater under 1,500 lol.. always gonna have my fbody.. maybe a new cobalt for the gf in a year or 2 gotta support america/gm