GM's new start - not looking to good
#1
Scooby Regular
Thread Starter
Join Date: Jul 2005
Posts: 12,329
Likes: 0
Received 0 Likes
on
0 Posts
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
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
#3
Scooby Regular
Join Date: May 2005
Location: Here, There, Everywhere
Posts: 10,619
Likes: 0
Received 0 Likes
on
0 Posts
#4
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
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
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!
#5
Scooby Regular
Thread Starter
Join Date: Jul 2005
Posts: 12,329
Likes: 0
Received 0 Likes
on
0 Posts
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
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
#6
Guest
Posts: n/a
We get back to our political masters doing things for their own political gain rather than for the British electorate. Take a read of [url=http://eureferendum.blogspot.com/2009/02/taking-us-for-mugs.html[/url]
"... What Booker points out in his column though, as indeed did we earlier, is that one of the largest Army contracts in recent time, for a new fleet of 8,000 Army trucks, was not decided on any of these criteria but in support of Mr Blair's policy of supporting European military integration. Even Gerald Howarth, at the time noted that the MoD was "Buying them for political rather than commercial reasons". That is wrong, wrong, wrong. Army equipment should not be used as a political tool.
With a deep recession now in progress, the way this contract was awarded is particularly poignant, given the travails of one of the earlier bidders, LDV. The firm is now facing closure when it could have been sharing in a programme originally costed at £1.6 billion and which will end up at around £2 billion by the time all the add-ons have been taken into account ..."
The article also points out, what we already see anyway, that nations such as the French look after their own first. Oh that we could elect politicians such as those! God knows which party they come form though.
Dave
"... What Booker points out in his column though, as indeed did we earlier, is that one of the largest Army contracts in recent time, for a new fleet of 8,000 Army trucks, was not decided on any of these criteria but in support of Mr Blair's policy of supporting European military integration. Even Gerald Howarth, at the time noted that the MoD was "Buying them for political rather than commercial reasons". That is wrong, wrong, wrong. Army equipment should not be used as a political tool.
With a deep recession now in progress, the way this contract was awarded is particularly poignant, given the travails of one of the earlier bidders, LDV. The firm is now facing closure when it could have been sharing in a programme originally costed at £1.6 billion and which will end up at around £2 billion by the time all the add-ons have been taken into account ..."
The article also points out, what we already see anyway, that nations such as the French look after their own first. Oh that we could elect politicians such as those! God knows which party they come form though.
Dave
#7
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
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.
Thread
Thread Starter
Forum
Replies
Last Post
aaron_ions
General Technical
17
03 November 2021 11:07 AM
Adam Kindness
ScoobyNet General
0
15 September 2015 03:31 PM
Ste333
Wheels, Tyres & Brakes
7
11 September 2015 11:24 AM