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Of course OT can explain this.

hypocritexposer

Well-known member
Why would a parent company refuse to bail out Chrysler and then go and buy another car company?

Tuesday, May 19, 2009
Daimler buys 10 percent stake in Tesla
Sacramento Business Journal

German automaker Daimler AG has bought a 10 percent stake in electric car business Tesla Motors Inc.

San Carlos-based Tesla had already been working with the Stuttgart giant to improve battery technology. Daimler, which used to own troubled U.S. car company Chrysler, is making electric versions of its popular two-person smart car.
 
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Anonymous

Guest
hypocritexposer said:
Why would a parent company refuse to bail out Chrysler and then go and buy another car company?

Tuesday, May 19, 2009
Daimler buys 10 percent stake in Tesla
Sacramento Business Journal

German automaker Daimler AG has bought a 10 percent stake in electric car business Tesla Motors Inc.

San Carlos-based Tesla had already been working with the Stuttgart giant to improve battery technology. Daimler, which used to own troubled U.S. car company Chrysler, is making electric versions of its popular two-person smart car.

Kind of tells you the shape Chrysler is in don't it..
 

hypocritexposer

Well-known member
Yep, you have invested in a sinking ship. Good luck with that.

I think quite a few of the "dumb Ranchers" on here were mentioning that a few months ago.

Something about their hard earned dollars going into a black hole, to benefit Obama's union and big business buddies.

But hey, Bush did it!
 
A

Anonymous

Guest
hypocritexposer said:
Yep, you have invested in a sinking ship. Good luck with that.

I think quite a few of the "dumb Ranchers" on here were mentioning that a few months ago.

Something about their hard earned dollars going into a black hole, to benefit Obama's union and big business buddies.

But hey, Bush did it!

Canada's throwing the money into the GM bailout....Why didn't they buy into GM :???:
 

hypocritexposer

Well-known member
Canada is still negotiating with the union, they just voted again for the third time in the last year.

The union members are being squeezed to make the same % concessions as the creditors.

Where we were mislead in the deal was to be guaranteed that we would retain 20% of the production capacity if we donated 20% of the bailout funds.
 
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