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Posted by: inkahootz ()
Date: March 26, 2008 04:14PM

j



Edited 1 time(s). Last edit at 06/01/2010 03:05PM by inkahootz.

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Re: Why the American automobile industry loses money
Posted by: WashingToneLocian ()
Date: March 26, 2008 09:10PM

inkahootz Wrote:
-------------------------------------------------------
> 2 for 1 SALE:
>
> Gotta love The Ford Motor Company! They pay over
> five billion dollars for Land Rover and Jaguar,
> and then sell them to India for 2.3 billion. Now,
> I am aware of the weak state of the dollar, but
> this is worse than outsourcing!
>
> "India #1 economy in the world, thank you very
> much!"-Apu
>

If it's any consolation, Mercedes bought Chrysler for $38 billion and sold it back to the Americans for $7 billion.

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Re: Why the American automobile industry loses money
Posted by: Gravis ()
Date: March 27, 2008 01:27PM

WashingToneLocian Wrote:
-------------------------------------------------------
> If it's any consolation, Mercedes bought Chrysler
> for $38 billion and sold it back to the Americans
> for $7 billion.



LOL! suckers!


"the wisdom of the wise will perish, the intelligence of the intelligent will vanish."095042938540

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Re: Why the American automobile industry loses money
Posted by: § ()
Date: March 27, 2008 02:04PM

Unfortunately, Jaguar and Land Rover were bleeding Ford dry with their extraordinarily high R&D costs, high rate of warranty repairs and paltry sales (although according to Ford's annual report, Land Rover sales have increased in the last 2 years).

I personally like the new improvements made in each brand by mostly focusing on fit-and-finish and overall powertrain quality (compare the Discovery to the LR3 or RRS and S-Type to the new XF to see what I mean).

I just hope Tata doesn't mess with the brand heritage too much as most of the world from a cachet point-of-view would rather drive a sportier, British-derived automobile than one of these buggers. http://www.tatamotors.com/


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