Originally Posted By: E365
Originally Posted By: edyvw
Originally Posted By: E365
Originally Posted By: edyvw
BMW is selling every single 328d they have in the lot, and guess what, BMW is MUCH more profitable then GM (and they did not bankrupt, so I guess not stupid as GM).
Yet BMW still required money from the US tax payer to survive. And for deeds infinitely worse than GM ever did.
And back in 2008 when the economy was in the tanks, BMW, VW, Daimler and Opel all requested loans from the German government. Hardly just a GM thing.
http://m.spiegel.de/international/busine...s-a-592658.html
Where did BMW requested money from US taxpayers in 2008? If you are referring to SC plant, all manufacturers, including GM etc. are getting pretty sweet deals from states, including BMW.
Also, do not forget, BMW is GERMAN company, OPEL in 2008 was American company (GM), bailed out by German government, and stayed in GM ownership, and later sold by GM.
I’m thinking more like 1948. But that’s a whole other can of worms...
I know, like French in 1776.