Women (Nasty or otherwise) are going to be the reason that Donald Trump is NEVER President!
You know the time is right to take control, we gotta take offense against the status quo
Originally Posted by A. de Tocqueville
Seems a bit early to declare it a permanent success, but they certainly have a better shot than if they went belly up in 2007.
As noted, their profit margin has been in positive territory for over 2 years, market share is up, auto sales in general are up a bit. Again, no way to know the future, but they seem like they may survive just fine.They still aren't making money, they still don't have any signs of recovering. Dead man walking.
To be fair, all the government did was securitize a loan that Fiat demanded in order to negotiate a buyout.
No private financiers were willing to offer such a sizable loan, so the government stepped in.
Kudos to them for doing it, as GM seems to be doing pretty well.
The real hero here is Fiat, an Italian car-maker, for turning around a bankrupt company and making it profitable again.
Last edited by StringBean; 06-06-13 at 06:47 PM.
They showed their appreciation by inflicting four more years of what has to be the most corrupt President in History on the rest of us who.....have brains in our heads.
Now they're dependent on a economy that being held up with massive unprecedented central bank printing and that only.
" If no one among us is capable of governing himself, then who among us has the capacity to govern someone else ? "