Title | : | Bankrupt - General Motors |
Lasting | : | 14.43 |
Date of publication | : | |
Views | : | 1,5 jt |
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It’s crazy that the UAW members (GMs workers) made sacrifices to keep the company afloat… but GM still hasn’t restored their prior pay and benefits, despite now raking in tens of billions in profits each year Comment from : Durgenheim |
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This didn't age well Comment from : k |
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Can we get a normal one please? I don’t like filters lol Comment from : The “S” Kicker |
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Someone remember the GM Coach & Truck División? (Greyhound Lines, Trailways, etc) Comment from : Oxygenetion |
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RIP Pontiac Comment from : EightyTwoBucks |
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Its all really just one big Saab story Comment from : Gus Bean |
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It's crazy how GM's reign lasted exactly a century 🙃 Comment from : Eric Moreau |
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At one point GM was spending more money on healthcare for its employees and retirees than it was on steel for vehicles Comment from : Corkfish1 |
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The people of America killed GM every jackass buys imports Comment from : CMC |
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why can't us small businesses get billions of dollars in tax payer money? Comment from : Fierce |
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I always loved GM vehicles, Chevrolet especially, seeing all of this shit they got into makes me feel awful I hope they change for the better Comment from : Valuable Wizard |
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The bailout was disgusting I can't believe the idiots actually gave them that much money What a stupid Administration Free market? Naw! Let's just buy out all the private companies and set up a monopoly for the government! Absolutely horrible Comment from : Fleeting Memories |
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Gm makes junk Comment from : ecosby100 |
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I love it when CEO's and exec's of big companies fuck up so bad the company has to be bailed out and still recieve multi million bonuses for essentially running the company into the ground I'm looking at you CreditSuisse Comment from : Toilet FX |
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What happened to our money (taxpayer)? Just puff? Gone? Comment from : Zhuge Liange |
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There is a world…brwhere Holden still existsbrwhere NEVS is a succeeding brandbrwhere Pontiac stays instead of Buick for North America (Buick stays for China)brwhere Oldsmobile fills the gap left by Buickbrwhere Saturn succeeds under Penske and Renaultbrwhere Daewoo is a serious competitor to Hyundai and Kia Comment from : Mikeytheweirdo |
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Tbh if I had been in that hearing and asked the questions I would've lost it That guy was supposed to be the CEO, the guy in charge, the face of the company and he couldn't even answer a simple straight-up question They went to the hearing to ask for money and upon being asked how much money they needed he couldn't answer Unbelievable As such based on the "answers" he gave there was literally zero confidence their business had any future under their current leadership Sure some jobs were saved, but at what cost? Wouldn't a forced merger have made a lot more sense considering all domestic competitors were in the same boat anyway? Comment from : Jason Nchuleft |
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Sooooooo, GM being able to fund this years Le Mans campaign is a good thing? Comment from : Cactus |
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That part posted when Wagner forgot how to speak and bumbled and made up numbers, I'd have shut him down right there I don't have patience for stupidity Should have come here with your ducks in a row Apparently this isn't important, or you would have I would have turned to the rest of the council in the middle of his sentence and said he doesn't have my vote, and walked away Comment from : Point Vector |
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Private Jets aren't that bad of a cost when you pack it full & make everyone work during the flight 😂 Comment from : Effervescent_Smegma |
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Congratulations! The documentary is quite enjoyable Maybe, there should have been more room for topics such as the competition from German and Japanese car makes; the buy-backs folly that went on at GM for many years; the birth of GMAC and the confused direction that white collars tried to give GM, just to avoid facing the dire realitythat they were not able to make cars as well as they once had used to Comment from : Carmine Iuorio |
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GM as a company has always been an inefficient bohemoth that leaked money from every single pore of it's being, today is no different The one that always sticks out so clearly to me is Opel/Vauxhall brbrBrought by GM in the early 20th century, and made a loss every single year since 2001 GM publically stated it was a financial basketcase and couldnt be saved so they lost the will to try and sold it to Groupe PSA (now Stellantis) in 2017 PSA said, based on the information supplied by GM, they only expected to make a profit from it in a decadethey managed to turn it round to being profitable within 18 months Within 3 years, they had dropped every GM platform and stopped paying licencing costs to them for their technologyit's now the second most profitable arm of the group It was a very simple task in reality, PSA were not miracle workers; they just considered the problems and went to bat fixing them, something that GM never made a real effort to try This inaction is something thats been apparent in every division they have Comment from : Sloeginandsleep |
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❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤ Comment from : GrooveWorldMedia |
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No surprise, when a company is runned by greedy ass shareholders that doesn't care about customers, Comment from : Raymond Haley |
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car companies destroyed by GM - Pontiac, Holden, Saturn, Beaumont and SAAB among others Comment from : J |
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It’s interesting that the central tower of GM’s headquarters, the Renaissance Center, is a shiny cylinder shaped building just like the attraction they sponsor at Epcot under their Chevrolet brand, Test Track
br
brThis is likely a coincidence as the Test Track building was designed in the late 1970s and opened in 1982 as The World of Motion which was sponsored by GM under the GM corporate name itself
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brThe Renaissance Center opened in 1977, but GM didn’t move into it until 1996 Comment from : Blatsen |
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The big three ruin brands Just ask the Japanese companies that worked with them Unfortunately the passenger car divisions of Isuzu and Suzuki didn't survive in the us and Mazda is slowly getting back on track Comment from : Jamal Fakih |
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Why was it so hard to get a lm actual answer out of GMs ceo like god damn! Comment from : Lil Lilith |
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If they hadn't flown in private jets they could've avoided bankruptcy Comment from : chesswealthy |
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They will be bankrupt again in the next 3 years Comment from : Aaron McQuaid |
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watching some retired old white male talk to some younger pod person like a father trying to get the truth out of his four year old son Comment from : nocomment |
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goverment motors Comment from : Farleyeccles Gaming |
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My mother's favorite car is THE CORD Comment from : private delete button google is missing |
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Laughlin Thomas Motors Comment from : private delete button google is missing |
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GM will never be forgiven for killing Saab, Holden and nearly Opel and Vauxhall Cost cutting may work in the US but a lack of quality is a killer in other markets Comment from : Money Sleeping |
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more recent is Flybe an international airline Comment from : Kartingdriver234 |
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It's an old corporation expression The business was too top heavy & ready tumble Too many overpaid pen pushers Comment from : WICKEDLEE LOOPY |
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I'm sitting here playing my video game and listening, I just wanna say, I can't begin to fathom the amount of money they are detailing in this video cheers bsf, and all viewers Comment from : storm filter |
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Fuk GM Comment from : Medic311 |
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GM is still a good company Comment from : Alexander Gillingham |
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Gm still has a plant in flint Comment from : Valeo1993 |
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GM - Gruesome Murderer - didn't just Kill Oldsmobile, Pontiac, Saturn, SAAB, and the EV1 Electric Car, GM Killed Americans, hundreds, simply because they could It almost like GM hates the car business and lives the Killing business Republican Capitalism Comment from : AMG Guy |
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Absolutely disgusting lol Mark my words, I’ll never buy an American car again Comment from : Jawn Hansen |
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"Government Motors" Comment from : Jack OESTERLE,Jr |
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Mmm Comment from : Aløngjr⁵⁵⁵ |
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Toyota ended Partnerships with GM for the same reasons customers stopped buying their vehicles Low Quality, Poor Reliability and Inefficiency on a scale never seen before! Comment from : Lilibeth Doherty |
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They was way better vehicles before 2008 My family has owned a couple post 2008 and they aren’t good anymore Plus in order to buy one now you have to ask yourself can you buy from a company that didn’t pay back the last 33 of their loan aka Bail out? I know I can’t Comment from : Jonathon Mecklenburg |
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Let GM get bankrupt a second time Comment from : Akaalis Benjamin |
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GM was everything in mid 20th century Comment from : Tercera República Española |
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Im not even surprised Comment from : Christy Li |
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Michael Moore has never made a "fantastic" documentary in his life Documentaries require, REQUIRE, objectivity, especially political objectivity Keep that in mind in your future endeavors, young man In 2008 you were what, 10? Keep this in mind as your make your various videos: human memory is logarithmic, not linear That's why actual documentaries require factual and objective commentary, not commentary based on memories or feelings Any time you feel like saying "I think", or "I feel", you need to take a step back and examine what you're about to say Documentaries based on feelings or political bias are nothing more than opinions, and you know what they say about opinions, they're like assholes, everybody's got one Comment from : Stacey Ward |
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Just give him a fucking number I would t have helped either He couldn’t just give info! Comment from : Bully Homestead |
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When you make sh!tty cars for decades, this is what happens We only hear about the great new cars GM made in "recent years" at the end of the videobrbrThe fact of the matter is that GM brands from the 1970s through the 1990s never put as much craftsmanship or quality control as German powerhouses Mercedes-Benz and Volkswagen Nor did they keep their expenses in check the way that frugal Toyota, Honda, Nissan and Mazda didbrbrEven Ford wasn't in as bad shape as GM They just sucked as a car company for at least 25 years, if not longer They failed to keep up with their competition, which is now, even stronger with the rise of Korean makes Hyundai and KiabrbrThe only car I ever wanted from GM in my lifetime was a Chevrolet SS (last model year 2017), which was basically a Corvette engine in a rebadged Australian Holden Commodore The only American car I've ever owned was a Ford Ranger pickup 💁🏻♂️🚘 Comment from : TuNnL |
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Thank god they sutvived, other nations support their car industry Comment from : John Smith |
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No mention of the number of customers GM killed with the faulty ignition switch? Comment from : 4021095 gmailcom |
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My dad worked for GM for 28 years He was the head of his department at the facility in Oak Creek, WI At the time they had a “30 and out” program where an employee could retire and receive pension after 30 years of working for the company He was laid off right before Christmas, wherein they hired non-salaried, younger employees for cheaper while they restructured It was a real shit Christmas, and it took my dad 9 months to find another job, I’m sure due in part to it being emotionally difficult to have this pulled out from underneath him He did find a job at Rexnord and worked for them for another 10 or so years, but without that pension, and my little brother being special needs, my parents basically have nothing to fall back on because they were relying on that pension all while doing everything medically possible to ensure my brother’s wellness Feels bad man Comment from : Stephanie Schultz |
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They should have never been bailed out They could have gone through bankruptcy on their own and come out much leaner and more productive this was a bailout for all of the fat pensions and liabilities that GM promised when times were better Comment from : Alexander Ryan |
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GM was a good company, in the UK Vauxhall's were reliable cars up to about 5 years old but you always had the sense cost cutting was happening and actually they could have been even better Comment from : Devon896 |
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It’s never “taxpayer money” it is debt from the FED Swapping one debt for another Oh and mary barra took good care of herself too Comment from : SoS |
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Most of people only know this company cuz they sponsored Dale Earnhardt's #3 Car Comment from : Hero Kurogane |
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Used to work under GM for Opel Until they got sold it was one of the best times in my life Comment from : Sympathieträger |
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individual? You deserve to be poor 😠brCorporation? Government bailouts!!! 🥳 🙃 Comment from : Doc Possum |
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Team Japanese Honda and Toyota Best vehicles, change my mind Comment from : liquidalloy |
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Glad to see they're doing SO much better today NOT!!!! In spite of $B's in taxpayer bailouts, they're still failing Zombie corporations need to go Comment from : wtf_ usa |
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Hey how about an update? Does the government still own 75 How is the future looking? Did the tax payer get paid back for the loans? Thanks 🙏 Comment from : Ed Mac |
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Hey how about an update? Does the government still own 75 How is the future looking? Did the tax payer get paid back for the loans? Thanks 🙏 Comment from : Ed Mac |
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possibly one of the evilest companies America has ever produced Comment from : poopoo |
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Of course top heavy institutions fail in hard times, it's like balancing a morbidly obese clown on a stick Nobody is worth what even the lowest paid executive getsbrbrNo individual should have that power Comment from : Hayden Travis |
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It's great that my tax dollars bail out a company and I still can't afford one of said company's new vehicles Comment from : PMM4177 |
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You can thank Obama for the 08 recession and $5 a gallon for gas kinda sounds like where Biden is headed Comment from : PMM4177 |
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My dad makes his living from third-party car part manufacturing, and one year took me on a trip from Michigan to DC for my birthday when I was 11, and one of our stops during our vacation was at Congress, where we took a big tour At the end of the tour, we went to the viewing gallery of the US Senate, and they were talking about the financial bailout of General Motors and other companies, with Sen John McCain speaking in opposition to the motion It was really interesting to me, but was even more important for my dad, to see the life of my father and the continued relevance of our state economy debated on by a former presidential candidate he respected in the name of fiscal conservatism and austerity Crazy how we traveled across the country only to get a look at the problems on our doorstep Comment from : The Apocalyvid |
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Wasn't the CEO'S and the boards annual salary the highest in the company's history and climbing, even through the bailout? Comment from : MazinCray |
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You should make one on the WWF New York restaurant Comment from : Travis Manney |
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That CEO is a disgusting slimeball Comment from : Nimbus Shadow-Wings |
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They never should have bailed out GM Comment from : Matt Man Productions |
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I have a 1984 Newsweek mag telling of GM woes Change some bigwig names and the same problems existed in 2008-9 It took a calamitous collapse to force true and (mostly) effective restructuring Comment from : Arne Sahlen |
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Government should have decreed NO golden handshakes I remember the fury levelled at those execs flying private jets to beg for gov't help! Comment from : Arne Sahlen |
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How are you a drug dealer trying to arrest me for drugs? Make it make sense UNCLE SAM 🤮 You’re a looser Comment from : Ugine Mulahoo Graham |
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Because of making tanks a Ranger milatery museum Park Comment from : Cash Brooks |
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GM is such a terrible company, CEO taking home millions while company is going under, killing off a dozen historic brands, moving factories overseas, and both of my GM vehicles (2009 Malibu and a 2022 high country Silverado) had a SLEW of electronic issues, the 2022 in particular going back in for warranty or recalls so often that we only drove it for about 4 weeks in the 6 months we owned it before selling it back Comment from : murled |
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Absolutely disgusting Let irresponsible companies with incompetent management die After 08, I decided to never purchase GM in the future Comment from : ChatBot1337 |
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Congressman: Ok, just tell us how much money you need, and we'll cut you a checkbrWagoner: Wellumm you see, there's lots of factorsbrCongressman: 😮💨 Comment from : Machu Pikachu |
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Where is the intro audio from? Comment from : AJayAnswersYou |
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I love how even well before and after after the crash and bailout, GM still makes hot peices of shit that they call "cars" Comment from : Jupiters Ghost |
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and Ford stood on its own feet, 😋 bragging rights for ever, Ford beat GM Comment from : 351 Cleveland modified motor |
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When are they planning on paying back the US tax payers? Surely that would be the morally correct thing to do? Comment from : Gertrude |
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After they killed Holden I'll never buy a single GM product ever There scum and not worth my money, time or effort I hope they do eventually become bankrupt Take you filthy GM crap out of Oz and never come back Comment from : Stuart Rowley |
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For the first time, I own an "AMERICAN" car! A 2016 Buick Cascada Convertible & I love it! It was mfg'd in Poland It will probably be my last car so I got the maximum strength extended warranty Comment from : Richard Wernsing |
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America is a shithole prove me wrong Comment from : sugarblunt |
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GM should have stayed bankrupt Comment from : kevin r |
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Don't pay taxes asks for tax money, refuses to elaborate Comment from : Gunslinger I Lv |
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I will still never forgive General Motors for killing Pontiac They should’ve killed Buick instead tbh Pontiac had just gotten their brand back on track and had some newer cars that had better styling and performance Pontiac really built the excitement for GM Comment from : XGS1AYERX |
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I'd take gm over and have a reasonable program in 4 years I believe, turn a profit, by doing the old thing and offering mobility to the public Comment from : M |
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Congress; can you tell us how much money do you need to survive long enough for us to come to a decision?brCEO; I'm sorry sir, I can't do thatbrThe United fucking States everybody Comment from : Lord Drayvon |
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Now all they have to do is start making good quality cars & trucks 🤣 Comment from : RED PILL RULES |
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