08-01-2008, 09:54 AM | #1 |
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BMW fell as much as 10.8 percent in Frankfurt trading.
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08-01-2008, 06:25 PM | #5 |
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08-08-2008, 08:28 PM | #7 |
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they will fall, then go up, then fall. Welcome to the stock markets of the 21st century, volatility is their game.
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08-08-2008, 09:46 PM | #8 |
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Does not surprise me for a company where their largest market is the U.S. and they offer the crapiest gas mileage.
They do not sell one car in the U.S. that gets 25MPG city. The diesels cannot come fast enough.
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08-09-2008, 12:02 AM | #9 |
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Buying stocks in automobiles these days is a bad bet.
There is more pain coming to the US yet. Toyota will buy GM and will signal an end to true domestic car production. |
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08-09-2008, 10:19 AM | #11 |
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08-09-2008, 11:08 AM | #12 | |
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Quote:
I can't think of one thing GM has that Toyota wants. However, I could see GM getting out of the car business and just providing transmissions, electronics, and other stuff. I do believe GM, Ford, Chrysler, one or more will be gone in the next 3 years. The unions and management have never had any incentive to improve quality/design and have destroyed the U.S. car business. I am surprised they lasted this long.
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08-12-2008, 09:01 AM | #13 |
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If no one buys GM then they will go bankrupt, then the gov will bail them out? You just can't keep borrowing money and losing it, sooner or later the banks will say no and they will get liquidated.
Maybe the UAW will buy them and then the ultimate irony will begin. |
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