Loss-making car brands?
Loss-making car brands?
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Discussion

PumpkinSteve

Original Poster:

4,231 posts

176 months

Tuesday 26th June 2012
quotequote all
I might be missing something here, but I'm always hearing about how GM Europe lose a st load of money:

2010 fourth quarter losses £360 million

2011 fourth quarter losses £180 million

Why don't they just stop making cars? I don't get it. If there was something that cost me money every time I did it, I sure as hell wouldn't keep doing it.

Don't Ford also make a loss?

Derp

1,347 posts

174 months

Tuesday 26th June 2012
quotequote all
Now Saab is in the bin, they should turn a profit soon biggrin

CBR JGWRR

6,573 posts

169 months

Tuesday 26th June 2012
quotequote all
PumpkinSteve said:
I might be missing something here, but I'm always hearing about how GM Europe lose a st load of money:

2010 fourth quarter losses £360 million

2011 fourth quarter losses £180 million

Why don't they just stop making cars? I don't get it. If there was something that cost me money every time I did it, I sure as hell wouldn't keep doing it.

Don't Ford also make a loss?
That's less than the cost of design to manufacture of a new car...

crosseyedlion

2,378 posts

218 months

Tuesday 26th June 2012
quotequote all
PumpkinSteve said:
I might be missing something here, but I'm always hearing about how GM Europe lose a st load of money:

2010 fourth quarter losses £360 million

2011 fourth quarter losses £180 million

Why don't they just stop making cars? I don't get it. If there was something that cost me money every time I did it, I sure as hell wouldn't keep doing it.

Don't Ford also make a loss?
Essentially because it would cost them a shed load more than that to wind the company up, redundancy payments, contract obligations, liabilities etc...

CBR JGWRR

6,573 posts

169 months

Tuesday 26th June 2012
quotequote all
crosseyedlion said:
Essentially because it would cost them a shed load more than that to wind the company up, redundancy payments, contract obligations, liabilities etc...
That also...

DickHerpes

900 posts

179 months

Tuesday 26th June 2012
quotequote all
CBR JGWRR said:
crosseyedlion said:
Essentially because it would cost them a shed load more than that to wind the company up, redundancy payments, contract obligations, liabilities etc...
That also...
Or because they don't intend on making a loss forever....

CBR JGWRR

6,573 posts

169 months

Tuesday 26th June 2012
quotequote all
DickHerpes said:
CBR JGWRR said:
crosseyedlion said:
Essentially because it would cost them a shed load more than that to wind the company up, redundancy payments, contract obligations, liabilities etc...
That also...
Or because they don't intend on making a loss forever....
That is sort of covered by my earlier post though.
smile