View Full Version : Big Three automakers calling for Bailout money
WhiteHatBobby
March 7th, 2009, 10:35 pm
Whoa! Toyota and Honda, two of the Big Three automakers, are calling for bailout money from the Japanese government. Renault, which owns a considerable stake in the other (Nissan), is reportedly looking at bailouts from the French government.
http://www.fool.com/investing/general/2009/03/06/ford-may-be-last-man-standing.aspx?source=iomsititn0000001
Reform2009
March 8th, 2009, 3:42 am
Whoa! Toyota and Honda, two of the Big Three automakers, are calling for bailout money from the Japanese government. Renault, which owns a considerable stake in the other (Nissan), is reportedly looking at bailouts from the French government.
http://www.fool.com/investing/general/2009/03/06/ford-may-be-last-man-standing.aspx?source=iomsititn0000001
How about Lamborghini and Ferrari? How are they doing financially and are they seeking bailouts also? New Ferraris used to sell over $100K above MSRP.
WhiteHatBobby
March 8th, 2009, 9:48 pm
Lamborghini is part of Volkswagen, and VW has called for Angie's bailout box. Fiat (majority owner of Ferrari) says no for now, and they are wanting 35% of Chrysler so they can sell their microcar with a Ram on them.
Studebaker_Hawk
March 8th, 2009, 10:07 pm
Looks like Ford is the only one that hasnt recieved any bailout money.
WhiteHatBobby
May 22nd, 2009, 11:42 pm
Ford has through Mazda, but that's it for now. They've already complied with the Obammy through the Agents of Change and the Ka.
Ferrari is part of Fiat, and trust me, Obama wants Italy to ransack America.
I want to ask those who are boycotting bailed out automakers why they are giving Toyota,, Honda, and Ford (Mazda) a pass when we know Tokyo is giving money to them.