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  #1  
Old April 8th, 2005, 12:23 PM
Larry
 
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Last British Car maker Collapses

I found this on MSN news this morning.

http://moneycentral.msn.com/content/...ra/P114533.asp

Larry
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  #2  
Old April 8th, 2005, 02:10 PM
ronward ronward is offline
KI4WWU
 
Join Date: Oct 2003
Location: Columbus, GA
Posts: 739
When I clicked on the link, the all new Jeep Liberty Diesel commercial was scrolling in the ad window to the right of the article. Very funny.
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  #3  
Old April 15th, 2005, 09:30 AM
v22guy
 
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This is just my opinion, but I don't give GM but maybe five more years until they file. They are in very sad shape right now

Any company with an annual gross of close to $2 billion and a corresponding net income of around $4 Billion is just sad. What makes it so bad is that on the average only $1 billion came from automotive sales. Union Labor costs and negotiated health care plans combined with boring lackluster designs is really hurting them in the industry.

Lately Ford has been making the headlines, though not as severe as GM, but none-the-less the same issues.

Being a car geek, I read this car site every day.
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