The automotive bailout |
The automotive bailout |
Dec 9, 2008 - 2:07 PM |
|
Enthusiast Joined May 22, '03 From NOVA Currently Offline Reputation: 16 (100%) |
This post has been edited by playr158: Dec 9, 2008 - 2:21 PM |
Dec 11, 2008 - 12:46 PM |
|
Enthusiast Joined Feb 10, '03 From Connecticut Currently Offline Reputation: 11 (100%) |
Well - I'm not sure if they mean Saab & Volvo as a whole, or their car manufacturing. Yes Ford owns Volvo car division, but doesn't own the Volvo company. Same with GM. GM owns Saab car division, but Saab is an aerospace provider, which GM doesn't own.
-------------------- |
Dec 11, 2008 - 2:13 PM |
|
Enthusiast Joined Jun 6, '08 From Hamiltron, Ontario Currently Offline Reputation: 0 (0%) |
Well - I'm not sure if they mean Saab & Volvo as a whole, or their car manufacturing. Yes Ford owns Volvo car division, but doesn't own the Volvo company. Same with GM. GM owns Saab car division, but Saab is an aerospace provider, which GM doesn't own. We're talking about the car firms though. I also found an article that verifies its the car firms. "Volvo and Saab had been asking for Swedish state support because of the financial woes of their US owners." But yeah... Saab aerospace.... Do they even make money? Volvo Trucks probably is still profitable. -------------------- (\__/) (='.'=) This is bunny. Copy and paste bunny into your (")_(") signature to help him gain world domination. |
Lo-Fi Version | Time is now: November 29th, 2024 - 10:31 AM |