Even before the pandemic, most McLarens were being offered for prices much lower than the list price. Now that situation is worse - just go online and see. McLarens are very nice and should sell but can’t at a price to be profitable enough. Aston Martin is choking and now McLaren is struggling.

3rd Gear: I am a bit surprised that Hertz and other big companies (hello airlines) are going bankrupt after 3-month loss. It shows really bad cash flow management. Even at 3-4% net after EBITDA, when you generating billions in revenues, they can’t last 3 months ?

Two years is pretty outstanding life for wiper blades. Most manufacturers admit that their blades are living on borrowed time after 6 months.

One thing I can’t seem to understand is how CEO’s are being fired because their plants have had to shut down or the workforce has had to be slashed or their stock price has dropped because the economy went into the tank and people couldn’t purchase much. It’s not their fault that covid became a thing. It’s not just in…

Yep,. 24k on a 650 hp rental sounds like 240k on a normal car to me.

I am completely floored!

I heard NY was paying like $50/hour to hire people to load up those trailers. And they couldn’t keep most people past day 1.

With the states “opening up” we are going to need more refrigerated trailers very soon.

As far as I know the BMV and state DOTs in every state are shut down. Nobody is inspecting the trailers that are out there so none are failing inspection and HAVING to be replaced. The trucking industry is famous for pinching every nickle and putting unsafe equipment on the road (retreads), why wouldn’t they be doing…

British Leyland was just a little mixup. They promise (cross their hearts and hope to die)it will work this time around!

I think “stupid” should be replaced with “emotional.”

I am so sick of socialized risk. I am in a tax bracket that gets soaked to pay for those above and below me. I can handle helping the less fortunate, but subsidizing the hyper wealthy makes me want to smash things.

We should nationalize GM just so we can burn down the design studios and take a collective shit on the desk of who ever is in charge of interiors.

Can we please stop pretending we get any efficiency out of capitalism if we keep using government cash to prop up large corporations that get too moribund.

If they need aid, break them up into chunks that can safely fail.

Big Sparky Lasagna would be a killer name for a rock band.

Garfield approves.

Correction: the current battery is big sparky lasagna. The new one will be an even bigger sparky soup. 

So the battery is a big sparky lasagna. Got it.

I agree. I bought a decent amount of Toyota stock near the bottom of the crash. I also bought Ford... more on a “let’s be a river boat gambler” investment. I am much more confident in Toyota’s stability than Ford’s. 

1st Gear: 80% drop in profit still means they are making a profit. I would see this as a pretty good silver lining given the situation. Plenty of others are talking losses.