Comments on: Wild Ass Rumour of the Day: ExxonMobil to Buy GM and Become an Integrated Producer/Consumer http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/ The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sun, 22 Nov 2009 21:23:34 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Blunozer http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-831011 Blunozer Tue, 07 Oct 2008 22:43:50 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-831011 <i>@Ingvar: why should a company owned by Big Oil make cars that were fuel efficient?</i> Because gasoline isn't the only byproduct of crude oil going into cars. Cars need motor oil, plastic, energy to produce them, asphalt for the roads etc... Even a car that ran on water would benefit the oil companies. @Ingvar: why should a company owned by Big Oil make cars that were fuel efficient?

Because gasoline isn’t the only byproduct of crude oil going into cars.

Cars need motor oil, plastic, energy to produce them, asphalt for the roads etc… Even a car that ran on water would benefit the oil companies.

]]> By: ferrarimanf355 http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-830282 ferrarimanf355 Tue, 07 Oct 2008 19:04:23 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-830282 Considering that the environmentalists still won't forgive GM for killing the EV1 in favor of making Hummers, if this happens, kiss any attempt to make good with the Sierra Club/Greenpeace crowd goodbye... Considering that the environmentalists still won’t forgive GM for killing the EV1 in favor of making Hummers, if this happens, kiss any attempt to make good with the Sierra Club/Greenpeace crowd goodbye…

]]> By: Adub http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-830092 Adub Tue, 07 Oct 2008 18:08:23 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-830092 Hey, Lee Raymond likes food and money! He ate a lot of food and made a lot of money. Compare him with the most famous vegetarian non-smoker: Adolf Hitler. Hey, Lee Raymond likes food and money! He ate a lot of food and made a lot of money.

Compare him with the most famous vegetarian non-smoker: Adolf Hitler.

]]> By: bjcpdx http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-830082 bjcpdx Tue, 07 Oct 2008 18:07:22 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-830082 You'd think that with a retirement package worth $400 million, Mr. Raymond could afford a new tooth. If this buyout happens (and it won't) it would be a great time to reorganize brand names and model lines. I'll be waiting anxiously for the 2012 Exxon OldsMobil. sorry... You’d think that with a retirement package worth $400 million, Mr. Raymond could afford a new tooth.

If this buyout happens (and it won’t) it would be a great time to reorganize brand names and model lines. I’ll be waiting anxiously for the 2012 Exxon OldsMobil.

sorry…

]]> By: John Horner http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829861 John Horner Tue, 07 Oct 2008 17:16:05 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829861 "Really? I submit Lee Raymond:" Wow, it looks like they picked him right out of central casting to play the part of "Big Oil Fat Cat". “Really? I submit Lee Raymond:”

Wow, it looks like they picked him right out of central casting to play the part of “Big Oil Fat Cat”.

]]> By: BlueEr03 http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829832 BlueEr03 Tue, 07 Oct 2008 17:12:31 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829832 Robstar, they could get around it by offering a gas card just like Chrysler did "only at participating stations" Robstar, they could get around it by offering a gas card just like Chrysler did “only at participating stations”

]]> By: Landcrusher http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829831 Landcrusher Tue, 07 Oct 2008 17:11:31 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829831 Pipe dream. Pipe dream.

]]> By: Samir http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829791 Samir Tue, 07 Oct 2008 17:08:28 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829791 <em>Buickman : October 7th, 2008 at 11:56 am anything that gets rid of Wagoner is good in my opinion. </em> Really? I submit Lee Raymond: http://www.tinyrevolution.com/mt/archives/lee_raymond_lg.jpg Buickman :
October 7th, 2008 at 11:56 am

anything that gets rid of Wagoner is good in my opinion.

Really? I submit Lee Raymond:
http://www.tinyrevolution.com/mt/archives/lee_raymond_lg.jpg

]]> By: Robstar http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829611 Robstar Tue, 07 Oct 2008 16:24:44 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829611 Hm, would there be antitrust issues if ExxonMobil offered a different gasoline price for GM purchased vehicles if they own GM? Hm, would there be antitrust issues if ExxonMobil offered a different gasoline price for GM purchased vehicles if they own GM?

]]> By: Richard Chen http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829531 Richard Chen Tue, 07 Oct 2008 16:05:52 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829531 ExxonMobil is selling their gas station division because it's not making enough money. Why bother with a company that's not turning a profit? ExxonMobil is selling their gas station division because it’s not making enough money. Why bother with a company that’s not turning a profit?

]]> By: fisher72 http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829522 fisher72 Tue, 07 Oct 2008 16:02:13 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829522 Talk about the ultimate in vertical market integration. From wellhead-to-gas-tank. I would like to think the oil & gas industry is smart enough to know the auto industry sux. Talk about the ultimate in vertical market integration. From wellhead-to-gas-tank.

I would like to think the oil & gas industry is smart enough to know the auto industry sux.

]]> By: AJ http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829512 AJ Tue, 07 Oct 2008 16:00:57 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829512 <em>snabster : October 7th, 2008 at 11:52 am I’ve been waiting for this. GM/Exxon could run up huge losses on the car side to offset any oil profits. And you can’t attack big oil when employ so many union workers.</em> Maybe so, but whoever would want to deal with the UAW? I'd sell my ExxonMobil stock, that is for sure. snabster :
October 7th, 2008 at 11:52 am

I’ve been waiting for this. GM/Exxon could run up huge losses on the car side to offset any oil profits. And you can’t attack big oil when employ so many union workers.

Maybe so, but whoever would want to deal with the UAW?

I’d sell my ExxonMobil stock, that is for sure.

]]> By: guyincognito http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829492 guyincognito Tue, 07 Oct 2008 15:59:18 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829492 This is an outstanding idea that could help big oil avert windfall taxes and could give them an avenue to patent or corner the market for the next wave of automotive fuel technology. The only problem I see is that big oil doesn't necessarily have great business acumen. Their huge profits are more a matter of circumstance. This is an outstanding idea that could help big oil avert windfall taxes and could give them an avenue to patent or corner the market for the next wave of automotive fuel technology. The only problem I see is that big oil doesn’t necessarily have great business acumen. Their huge profits are more a matter of circumstance.

]]> By: Ingvar http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829482 Ingvar Tue, 07 Oct 2008 15:58:59 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829482 Or perhaps it's a stroke of genius? Since they already own the battery technology, perhaps they would charge outrageous royalty payments for everybody else, and subsidize their own brand offering, The Volt? That would somehow lessen the gap between the Volt and the Prius... Or perhaps it’s a stroke of genius? Since they already own the battery technology, perhaps they would charge outrageous royalty payments for everybody else, and subsidize their own brand offering, The Volt? That would somehow lessen the gap between the Volt and the Prius…

]]> By: Buickman http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829461 Buickman Tue, 07 Oct 2008 15:56:44 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829461 anything that gets rid of Wagoner is good in my opinion. anything that gets rid of Wagoner is good in my opinion.

]]> By: snabster http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829441 snabster Tue, 07 Oct 2008 15:52:15 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829441 I've been waiting for this. GM/Exxon could run up huge losses on the car side to offset any oil profits. And you can't attack big oil when employ so many union workers. I’ve been waiting for this. GM/Exxon could run up huge losses on the car side to offset any oil profits. And you can’t attack big oil when employ so many union workers.

]]> By: WaftableTorque http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829432 WaftableTorque Tue, 07 Oct 2008 15:51:37 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829432 One of the greatest modern day creators of capital paired with one of the greatest destroyers of capital. For every yin, there must be a yang, right? lol One of the greatest modern day creators of capital paired with one of the greatest destroyers of capital.
For every yin, there must be a yang, right? lol

]]> By: Strippo http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829412 Strippo Tue, 07 Oct 2008 15:49:52 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829412 <em>So, that means the Volt will never see the light of day? I mean, why should a company owned by Big Oil make cars that were fuel efficient?</em> Because profits are profits, and the alternative is having Toyonda making all that "green" at Big Oil's expense. So, that means the Volt will never see the light of day? I mean, why should a company owned by Big Oil make cars that were fuel efficient?

Because profits are profits, and the alternative is having Toyonda making all that “green” at Big Oil’s expense.

]]> By: Ingvar http://www.thetruthaboutcars.com/wild-ass-rumour-of-the-day-exxonmobil-to-buy-gm-and-become-an-integrated-producerconsumer/comment-page-1/#comment-829402 Ingvar Tue, 07 Oct 2008 15:44:34 +0000 http://www.thetruthaboutcars.com/?p=99462#comment-829402 So, that means the Volt will never see the light of day? I mean, why should a company owned by Big Oil make cars that were fuel efficient? So, that means the Volt will never see the light of day? I mean, why should a company owned by Big Oil make cars that were fuel efficient?

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