Posted by News on August 14, 2009, 11:49 am
Without the US government GM would not exist. Under private ownership it
was poorly run. You may find that under Uncle Sam it works better. Let's
Posted by harry on August 14, 2009, 6:16 pm
If experience in the UK is anything to go by, NO CHANCE.
Posted by News on August 14, 2009, 11:37 pm
The UK did the same as the US and saved an industry, but they allowed it to
be split, against advice, sold it off and then decline.
Posted by Bruce Richmond on August 15, 2009, 12:08 am
Please elaborate on this. I remember a lot of buying/selling going on
in years past. So much so that I stopped trying to keep track.
Posted by News on August 16, 2009, 8:20 pm
15 years ago Rover (ex British Leyland -> ex BMC) was a profitable expanding
company with a great range of vehicles. BMW totally screwed the company up -
deliberately so. It was predicted BMW would and they did. The new Mini is
very heavy car and heavier than the Austin Maxi. A technically poor
design - just retro design.