GM selling EMD

Posted by Anonymous

on Mon, Jan 17 2005 4:18 PM

It is official. On gmemd.com under press releases, GM has agreed to sell EMD. The sell should close the first quarter of this year. The press release was dated 1/15/2005. OH WELL...

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Posted by ndbprr

on Wed, Jan 19 2005 8:28 AM

The sale will happen no earlier then the first quarter and in the quarter they find a buyer!

Posted by Anonymous

on Fri, Jan 21 2005 2:40 PM

Thats a shame, I liked the company EMD, they made great locomotives.

Posted by Anonymous

on Sat, Jan 22 2005 4:43 PM

YOU MEAN TO SAY THAT EMD IS NO MORE?![:(!][:(!][:(!][V][}:)][}:)][:O][*^_^*][banghead][banghead][banghead][banghead][banghead][banghead][banghead][banghead][X-)][censored][censored][censored][%-)][soapbox][soapbox][soapbox][soapbox][soapbox][soapbox]

Posted by Anonymous

on Thu, Jan 27 2005 3:44 PM

I guess EMD wasn't making enough money for GM, I wonder who's gonna buy EMD

Posted by CSXrules4eva

on Sun, Jan 30 2005 5:17 PM

QUOTE: Originally posted by comfterbullEd

YOU MEAN TO SAY THAT EMD IS NO MORE?![:(!][:(!][:(!][V][}:)][}:)][:O][*^_^*][banghead][banghead][banghead][banghead][banghead][banghead][banghead][banghead][X-)][censored][censored][censored][%-)][soapbox][soapbox][soapbox][soapbox][soapbox][soapbox]

DARN !!!!!!!!!!!!!![:(!][:(!][:(!][banghead][banghead][banghead][banghead][censored][soapbox][soapbox][soapbox][soapbox][tdn]
This is not cool :( I don't want GM to get rid of EMD. I think I might have to go right on down to the GM HQ and knock them upside the head. Why couldn't they get rid of Saturn or something they have to get rid of the best locomotive builder in the entire North American Continent!?????////// I'm ticked off about that. Well, all I can say is that I hope the new owners of EMD don't demolish it. If they do I'll really be upseat. CRAP.

LORD HELP US ALL TO BE ORIGINAL AND NOT CRISPY!!! please? Sarah J.M. Warner conductor CSX

Posted by CSSHEGEWISCH

on Mon, Jan 31 2005 10:06 AM

As has been mentioned elsewhere, EMD has been sold to raise cash for GM's pension obligations and as part of a return by General Motors to its core business of automobiles.

The daily commute is part of everyday life but I get two rides a day out of it. Paul

Posted by Anonymous

on Tue, Feb 8 2005 11:31 AM

[%-)]Will the new owners buy the HTCR truck and FIRE elctronics from GM so that they can build locomotives with HTCR-III trucks?????

Posted by Anonymous

on Tue, Feb 8 2005 10:54 PM

QUOTE: Originally posted by CSSHEGEWISCH

As has been mentioned elsewhere, EMD has been sold to raise cash for GM's pension obligations and as part of a return by General Motors to its core business of automobiles.

I am sure that is one reason that it is being sold, but GM has made so much money with GMAC that building locomotives is not something they want to keep on doing. They have had EMD on the market on and off for twelve years or so if I remember correctly.

IF GM sells the division, BNSF might come back as a buyer, since they stopped buying GM diesels after the auto contract went to Union Pacific exclusively.

Posted by Anonymous

on Tue, Feb 15 2005 6:24 AM

Sometimes ago I opened the thread below to talk about the possibility of GE take over GM. Do you remember?[;)]

http://www.trains.com/community/forum/topic.asp?TOPIC_ID=21067

Posted by Anonymous

on Tue, Feb 15 2005 1:56 PM

thats what was bieng said on thier web site,it's beyond me why their doing it,but ny guess is that they are getting a better share of the locomotive market,anyhow my favorite locomotive manufacture will always be GE,they made a very awesome locomotive the EVOLUTION seies.