Notices
Non Scooby Related Anything Non-Scooby related

GM's new start - not looking to good

Thread Tools
 
Search this Thread
 
Old 02 June 2009, 08:27 PM
  #1  
mart360
Scooby Regular
Thread Starter
 
mart360's Avatar
 
Join Date: Jul 2005
Posts: 12,329
Likes: 0
Received 0 Likes on 0 Posts
Default GM's new start - not looking to good

Thats the tip of the iceberg..

read this

Last-ditch rescue of LDV called off - , - Latest news & weather forecasts - MSN News UK

whats this got to do with Vauxhall some of you are going to ask...


then read this...

Uncertainty for Vauxhall workers as Magna and Sberbank look at cost savings - Times Online


How can that be allowed?


Mart
Old 02 June 2009, 08:49 PM
  #2  
yoza
BANNED
 
yoza's Avatar
 
Join Date: Mar 2002
Location: LIVERPOOL THE CENTRE OF EXCELLENCE
Posts: 8,511
Likes: 0
Received 0 Likes on 0 Posts
Default

We are all going to get fcuked up the **** soon, too many companies making too much product with too few buyers, it cant work and wont work.
Old 02 June 2009, 08:54 PM
  #3  
stilover
Scooby Regular
 
stilover's Avatar
 
Join Date: May 2005
Location: Here, There, Everywhere
Posts: 10,619
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by yoza
We are all going to get fcuked up the **** soon,
I really hope you're in the que before me. In fact, I hope ost people are in the que before me.....
Old 02 June 2009, 09:06 PM
  #4  
Spooky Mulder
Scooby Regular
 
Spooky Mulder's Avatar
 
Join Date: Dec 2000
Location: York
Posts: 1,029
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by mart360
Thats the tip of the iceberg..

read this

Last-ditch rescue of LDV called off - , - Latest news & weather forecasts - MSN News UK

whats this got to do with Vauxhall some of you are going to ask...


then read this...

Uncertainty for Vauxhall workers as Magna and Sberbank look at cost savings - Times Online


How can that be allowed?


Mart
I really have no clue what your post is about - having read both articles - however the underlying reality is very simple.

Business makes products, people buy them, everyone happy.

Business makes products, people don't buy them, business stops making products.

Personally I don't want my taxes to be paying for industries and business that really have no hope of survival. I would consider investment in new business, retraining, redevelopment. But flogging a dead horse is a complete waste of time.

GM has been in decline for a very, very long time. The credit crunch is merely the straw that broke the camels back.


PS And remember this is a Subaru Forum - we have contributed to the downfall of domestic production as we have all bought cars from Japan!
Old 02 June 2009, 09:55 PM
  #5  
mart360
Scooby Regular
Thread Starter
 
mart360's Avatar
 
Join Date: Jul 2005
Posts: 12,329
Likes: 0
Received 0 Likes on 0 Posts
Default

So the fact that one of the major shareholders in the new venture, has just

let one of his car, (ok van) firms go into administration, and hasn't saved it,

asks the question, what will he do with his new acquisition, when things arnt rosy? Which they wont be for some time?

Dont you think it odd, that no one questioned how he could walk away from one firm, which needed investment and protecting, and want to invest in another?

Has he money to burn?


Mart
Old 03 June 2009, 12:55 AM
  #7  
Spooky Mulder
Scooby Regular
 
Spooky Mulder's Avatar
 
Join Date: Dec 2000
Location: York
Posts: 1,029
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by mart360
So the fact that one of the major shareholders in the new venture, has just

let one of his car, (ok van) firms go into administration, and hasn't saved it,

asks the question, what will he do with his new acquisition, when things arnt rosy? Which they wont be for some time?

Dont you think it odd, that no one questioned how he could walk away from one firm, which needed investment and protecting, and want to invest in another?

Has he money to burn?


Mart

I am still struggling to understand what you think should happen here.

I run a business and if I decide one bit is not doing so well and I fancy a go a something else I really don't think it is your business, the Prime Minister's business or anyone else's business really.

They are called free markets for reason.

What I think you are hinting at is nationalisation at worst, or protectionism at best.

It is clear that in a free market the majority of politicians couldn't run a **** up in a brewery - please don't encourage to actually get involved in running businesses.

There is also no evidence from the articles that Deripaska is a direct investor into Vauxhall, but a business partner of the two investors.

Last edited by Spooky Mulder; 03 June 2009 at 12:59 AM.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
aaron_ions
General Technical
17
03 November 2021 11:07 AM
Brett-wv14
Subaru
17
06 October 2015 09:03 PM
Adam Kindness
ScoobyNet General
0
15 September 2015 03:31 PM
blackandz
General Technical
0
12 September 2015 07:01 PM
Ste333
Wheels, Tyres & Brakes
7
11 September 2015 11:24 AM



Quick Reply: GM's new start - not looking to good



All times are GMT +1. The time now is 09:49 AM.