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BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > General BMW News and Cars Discussion > BMW CEO Denies GM Partnership Discussions



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      10-16-2010, 05:12 PM   #23
quagmire
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Originally Posted by Bimmer5 View Post
Glad to hear that BMW has enough sense to stay away from GM. After all GM builds crap, and if it was not for the Govt they would not even be in business anymore. Which is what should have happened to them. If a company cant survive on its own then BYE BYE
There is a reason no one buys there cars.
I didn't know 172,969 sales last month( #1 in the US) is nobody..... I also didn't know that having trouble keeping up with demand for the Equinox/Terrain, Camaro, etc required nobody buying them as well.

Oh and if GM built crap, they wouldn't be the most reliable vehicles in my families history.

Last edited by quagmire; 10-16-2010 at 05:17 PM.
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      10-18-2010, 12:00 AM   #24
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Originally Posted by quagmire View Post
I didn't know 172,969 sales last month( #1 in the US) is nobody..... I also didn't know that having trouble keeping up with demand for the Equinox/Terrain, Camaro, etc required nobody buying them as well.

Oh and if GM built crap, they wouldn't be the most reliable vehicles in my families history.
just because it works out for you doesn't justify the fact that overall they tend to make bad quality cars. The fact that it went bankrupt even after they took our tax money while Ford standing by us did not take a dime of that bailout money just shows how crappy GM is . I would not buy or even be in a GM period.
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      10-18-2010, 06:43 AM   #25
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Originally Posted by zhangzeyuandss View Post
just because it works out for you doesn't justify the fact that overall they tend to make bad quality cars. The fact that it went bankrupt even after they took our tax money while Ford standing by us did not take a dime of that bailout money just shows how crappy GM is . I would not buy or even be in a GM period.
What was the last GM product you were in/driven? Or you just stating what you said via perception?

GM didn't go bankrupt even after taking tax money, it was a controlled bankruptcy that was planned out by the government. It was the best route to go in saving GM. It would have cost more to fund the old GM until they were restructured then it did to have them trim the fat via bankruptcy by creating a new company to buy the good assets of GM and let the bad assets go into liquidation. Ford avoided the same situation by pure luck. Back in 2007, they mortgaged out the whole company because they didn't have money to restructure and to fund future vehicle development. If Ford didn't do that, they would have been in the same situation GM was in. Trying to restructure with no means to get funds because of the credit crisis in 2008. And it was a big gamble. If they didn't succeed, Ford would be on its death bed as well. Even though Ford's public perception is improving thanks to not taking the bailout, they are still in bad financial standing because of that $28 billion debt while GM has around $6 billion in debt. GM right now is in a better financial situation.


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Originally Posted by Hu99 View Post
Maybe BMW can learn from Mercedes' disastrous partnership with Chrysler. The moral of the story is: Don't get involved with anything American because it will be the death of your company and cost you billions to get out of.
Daimler bought( it wasn't a merger/partnership) Chrysler because they didn't have the funds to fix Mercedes. Chrysler at the time when Daimler bought them was doing well and had a pretty decent cash reserve. Daimler bought them to use that reserve to fix Mercedes. They then neglected Chrysler and that is why Chrysler was in poor condition in 2008. Daimler bought them for the money and left them to rot.

You do know GM and BMW have worked together for a long time right? GM supplies the automatic transmission for the 328i and GM and BMW developed( along with DaimlerChrysler) the two-mode hybrid transmission. It hasn't killed BMW has it now?

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      10-18-2010, 10:28 AM   #26
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Originally Posted by zhangzeyuandss View Post
just because it works out for you doesn't justify the fact that overall they tend to make bad quality cars. The fact that it went bankrupt even after they took our tax money while Ford standing by us did not take a dime of that bailout money just shows how crappy GM is . I would not buy or even be in a GM period.
Amen brother let Obama and Biden drive em
UAW = Govt Bailout
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      10-18-2010, 10:32 AM   #27
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Maybe BMW can learn from Mercedes' disastrous partnership with Chrysler. The moral of the story is: Don't get involved with anything American because it will be the death of your company and cost you billions to get out of.
Great point, They just had a story on not long ago. Workers at a Chrysler plant outside smoking weed and drinking. LOL just who I want building a car.
Lack of PRIDE and WORK ETHIC
Enough said
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