Why GM stocks are tanking?

[Dayze]

Originally Posted by tomahawk kid

Last Chevy I bought was a 2005 Malibu.

We've had 2-3 major repairs (2 of which were related to a recall, but we were over the mileage cut-off) and I found rather quickly that GM wouldn't stand behind shit.

i recently ditched my '05 Malibu; had 88k miles on it. While overall it was a decent car, I couldn't believe how the quality degraded over the 6 years I owned it. I bought it with only 20k miles on it.
Replaced the intermediate steering shaft at 40k miles, and again at 65k; and it was ready for another at 80k but I decided I wouldn't replace it. Service bulletin issued, but they wouldn't replace it; so $350 a pop to replace it.

Rear window wiper would just come on for no reason and shut itslef off when it chose too. Constant alignment issues. Ignition would sometimes stay on after I stopped turning the key, causing the engine to continually try to 'start' (if that makes any sense); Radio would have random buzzing for no reason for several days, then go a week or so with clear sound, then it would start again. Power sterring/steering assist would stop working at random times, mostly in slow turns.

both seat fold-down lever thingys broke off

Rear plastic on the back of the front seats came loose on the passenger seat; so I had this dangling plastic piece the size of the seat always dangling around.


Overall, it was at least 'reliable' in that nothing blew up on it, never left me stranded etc; just very disappointed as a whole with the vehicle. Bought used VW Rabbit last month; 3 years old; 40k miles; four new goodyears, and new brake pads; 5 speed; for $13k. Fit/finish etc is night and day better. My Malibu at the same age was beginning to fall apart/have constant issues.