Ah well...
Ah well...
I wonder how they feel about U2
Ta
So it's whoever owns the majority. So lets say one day a group of German funds own a majority of the stock of GM that's traded and then the next day they sell some stock and now it's Japanese funds that own the majority of stock. So according to you on day one GM is German but the next day it's Japanese. You do…
Well if that's how you think, fair enough. Then GM is 2.5% owned by Saudi Arabia so it's only mainly American but also Saudi. Is that how it works?
Sure. And with wit like yours, you'll be making the tea. And I don't think of you as soft cheese, more some processed KRAFT slices I think. Happy New Year to you too. With luck Chrysler won't turn to spaghetti when Fiat owns all of it. They're exporting the Fiat 500L to the US so I'm sure you're in good hands.
I thought it said Yoda was Luke's father - need to read again.
As I said before AM, Jaguar, LR etc are British companies. They themselves may be owned by an overseas company. By your reasoning Chrysler is Italian.
The British car industry was already in decline when the oil shock hit. It's easy to say they didn't have a strategy or a clue but it's always easy to say that in hindsight. I think people forget what a horrendous fuck up the oil shock was. I read a Mackinsey report that said investemnt rates into the US didn't…
Well stop licking it.
“Obi-Wan Kenobi who defends the Wookies when their home, the planet Kazhyyyk is overrun by droids”
Well done. Google has worked for you. Now look up Stockholder / Shareholder.
No your argument is based on British car companies not being owned by British people or other British companies. Which is crap. Also stock holders are not 'investors' - they are owners - that's the fucking definition of what being a stock holder is. If I give a company a loan, I'm investing. If I buy stock, I'm…
The boards of the companies authorise production. The facilities are owned by UK companies. E.g. Aston Martin facilities are owned by Aston Martin Lagonda Ltd.
Uh No. Just no. BL was formed in 1968 by the merger of BMH and Leyland. If that merger hadn't happened BMH would've gone bust - this would've included Austin, Morris and MG.
I'm really fucking struggling to see what your point is. GM is 2.5% owned by the Saudi Arabian sovereign wealth fund, did you even know that? How much of Chrysler and Ford stock is owned by foreign companies and funds? It's called globalisation. Look it up. All these cars are made in the UK by UK workers in UK…
Cool marques yes, but good companies? Yes the BL clusterfuck didn't help but what people tend to forget is the oil shock of the seventies and the major recession. The Government had to intercede (just like with GM) or the entire company would've gone bust along with all those cool marques. Further if BL hadn't been…
But that's the point. Great car companies keep going and are still here. However the British automative industry is littered with poor companies that made one or two great cars. There are only one or two exceptiosn where a great car company that made great cars disappeared, TVR being one of them. The author of this…
BL has never been seen as a great brand. So who gives a toss 30 years later? Also what does GM in it's heydey have to do with anything? It still went bust when Ford didn't. So how about the epically incompetent management at GM?
They still went bust 'organically' or not. And are you really going to lecture me on government intervention when 26% of GM is still owned by the US Government?