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To: branch15_5
Very true. I wonder how Toyota, Honda, Hyundai, BMW, Mercedes and all the other solvent automakers who have plants in the U.S. (and their many employees) feel about bailing out their uncompetitive, failing counterparts?

According to The Times (London) BMW and Mercedes have experienced major sales drop and are cutting back significantly. The EU is working on a $50 billion bailout for the European auto companies according to the article.

Jack

68 posted on 11/13/2008 5:22:27 PM PST by JackOfVA
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To: JackOfVA

So we are in a race to see if we can out-Euro the Euros. Super.

At least with BMW and MB, it’s because their product is pricey, not moribund.


77 posted on 11/13/2008 6:23:42 PM PST by branch15_5
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