Author Topic: U.S. Auto Companies In a Frenzy  (Read 820 times)

0 Members and 1 Guest are viewing this topic.

Offline bill440cars

  • Feeling More & More,
  • Really Old Timer ...
  • *******
  • Posts: 12,351
  • Tryin' To Slow Down "Time"!
U.S. Auto Companies In a Frenzy
« on: October 12, 2008, 11:14:00 AM »



          Didn't realize it, but last July, Ford turned down GM's Merger Offer. And Now, GM has approached Chrysler about it! From what I read in the Sunday paper, there is a 50-50 chance it will happen. Things sure don't look good. I wondered for some time, how they could just keep on building all those cars, and find enough folks to buy them all. ::) 


                                 
Member # 1969
PRAYERS ALWAYS FOR: Bre, Jeff & Virginia, Bear, Trevor & Brianna ( Close Friend's Daughter)
"Because HE lives, I can Face Tomorrow"                  
 You CAN Teach An Old Dog New Tricks, Just Takes A Little Bit Longer & A Lot More Patience!! 
             
Main Rides: '02 Durango, '71 Swinger & Dad's '93
                  Dakota LE 4x4 '66 CB77 & '72 SL350K2
Watch What You Step Into, It Could  End Up A Mess!

Offline mattcb350f

  • Hardly a
  • Master
  • *****
  • Posts: 1,625
  • 1974 CB350F
Re: U.S. Auto Companies In a Frenzy
« Reply #1 on: October 12, 2008, 07:06:12 PM »

          Didn't realize it, but last July, Ford turned down GM's Merger Offer. And Now, GM has approached Chrysler about it! From what I read in the Sunday paper, there is a 50-50 chance it will happen. Things sure don't look good. I wondered for some time, how they could just keep on building all those cars, and find enough folks to buy them all. ::) 
                                 

Chrysrolet or Chevler?

Not really funny I guess. Alot of hard working people will no doubt be affected by the unfortunate events happening to the domestic auto industry.

 Matt.
1974 CB350F,  1980 CB125S,  1981 XL80S
Non Honda's: 86 & 87 Husqvarna 400wr's

My CB350F resto: http://forums.sohc4.net/index.php?topic=30467.0
Gallery at:
http://gallery.sohc4.net/main.php?g2_itemId=298318

Offline seaweb11

  • 1st Mate &
  • Really Old Timer ...
  • *******
  • Posts: 6,262
  • Ride & Smile
    • Playground Directory
Re: U.S. Auto Companies In a Frenzy
« Reply #2 on: October 12, 2008, 08:39:58 PM »
I heard GM stock has gone from $40.00 to $4.00.........................is this true?

Buy low-sell high

Offline nickjtc

  • I was numero dieci
  • Old Timer
  • ******
  • Posts: 4,210
  • Yamaha XT500 'Gromit'
Re: U.S. Auto Companies In a Frenzy
« Reply #3 on: October 13, 2008, 08:35:51 AM »
I seem to remember a higher-up at one of the domestic car manufacturers writing the first Honda Civic off as "too small, too cheap and disposable". Shades of Edward Turner at Triumph when the first Japanese motorcycles came to England..............and we all know what happened to the English motorcycling manufacturers after that..

As an examiner I get to ride in all kinds of vehicles. A personal observation is that a 10 year old domestic car invariably sounds and looks its age, whereas an import tends to carry its age much better. What do the North American manufacturers have to do to build 'better' cars.....................apart from re-badging Oriental ones, that is?
Nick J. Member #3247

2008 Triumph Tiger 1050
1977 Suzuki GS750

"That which does not kill us reminds us to wear proper motorcycle clothing...."