Porsche Near Bankruptcy
#5
Metatron
iTrader: (1)
The VW merger was being pushed by the EU government - all car makers have to achieve a certain 'grams of CO2/kilometer' and Porsche is not going to be able to meet it.
A merger with VW, with all their economy models would satisfy the eurocrats, but who in the class can tell me the total amount of CO2 that this would save?
Correct, Little Johnny: not one single gram.......
S
A merger with VW, with all their economy models would satisfy the eurocrats, but who in the class can tell me the total amount of CO2 that this would save?
Correct, Little Johnny: not one single gram.......
S
#8
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From a common sense standpoint, Porsche is more or less a niche car company and 99% of the car buying population can't afford a single one of their vehicles. Why on earth would you bail them out? I don't want to see them go away and I'd love to have a Porsche if I could but based on pure economics and reality it would make no sense at all to me.
I don't even like the idea of a merger because now, at least by idiotic US standards, you have another company that is too big to fail. Not sure if European governments share that same attitude but if this keeps happening you are going to have nothing left but a bunch of huge companies run by corrupt and greedy people, just like GM and Chrysler and they will always know they can get away with anything they want because the gov't will always bail them out.
I don't even like the idea of a merger because now, at least by idiotic US standards, you have another company that is too big to fail. Not sure if European governments share that same attitude but if this keeps happening you are going to have nothing left but a bunch of huge companies run by corrupt and greedy people, just like GM and Chrysler and they will always know they can get away with anything they want because the gov't will always bail them out.
Last edited by 77mjd; 05-25-2009 at 08:59 PM.
#14
Stealth, you know as well as I do with these people that it's all about their intentions and has nothing to do with results.
The point is they "tried" to save CO2 emissions. Demanding results is a capitalist thing and therefore isn't imporant.
The point is they "tried" to save CO2 emissions. Demanding results is a capitalist thing and therefore isn't imporant.
#15
I know. Mercedes, BMW and many others.
But Porsche?
Who's next? Ferrari?
Some car companies lose their soul when they commit certain acts, and Porsche had such a pure sports car soul that the foray into the netherworld of SUVs and such just corrupted that soul.
But Porsche?
Who's next? Ferrari?
Some car companies lose their soul when they commit certain acts, and Porsche had such a pure sports car soul that the foray into the netherworld of SUVs and such just corrupted that soul.
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