Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: Richie London on 11 December 2008, 15:59:25
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http://uk.news.yahoo.com/22/20081211/tpl-uk-autos-bailout1-d1a0d5d_2.html
does it look like they will get govt backing or not??
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Hope not.
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TBH this I have predicted for a while. Forbes top 100 companies...only Ford, GM and one other company made losses last year. And those losses were HUMUNGOUS.
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TBH this I have predicted for a while. Forbes top 100 companies...only Ford, GM and one other company made losses last year. And those losses were HUMUNGOUS.
But to be fair, if they stopped making concept cars that will never reach the market, and in Ford US case stop giving away a dozen High Performace cars away for $1 each to custom builders to create show cars then they would propably be making a profit.
Also stop building cars that are just left on the Docks arround the world losing money.
Turn it into cash by giving buyers a good old fashied discount, rather than selling them to the car supermarkets for them to take the profits.
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Been a long time since the auto side of the company made more money that the finance side.....that was the beginning of the end really.
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Been a long time since the auto side of the company made more money that the finance side.....that was the beginning of the end really.
and once the finance side took a spanking the end was certainly in sight.......
the vultures will be circling.....
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well i say roll on gm and ford going bust so i can find a cheap gm :P
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Obama said today that he wont let them go bust.
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.............But, talks on the rescue plan have broken down again,They should have asked Gormless - "certainly,will a cheque be ok ? are you sure thats enough ? if I give you an extra 10% then you will be able to make a large donation to party funds. I saved the world you know."
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They're doomed.....doomed Captain Mainwaring.
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(http://blog.adhack.com/images/US-auto-bailout-ad.jpg)
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http://blog.adhack.com/images/US-auto-bailout-ad.jpg
Funny...but it could have been soooooo much better [smiley=evil.gif]