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To: spetznaz
Actually BMW is in far dire straits than Daimler is, primarily due to its ability to refinance debts. It is in actual danger of bankruptcy, with a debt rollover score higher than 0.3.

Really? Didn't know that. They're outselling Mercedes in the US, although everyone is hurting now.

11 posted on 10/26/2008 6:31:19 AM PDT by jalisco555 ("My 80% friend is not my 20% enemy" - Ronald Reagan)
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To: jalisco555

You can’t look only at he US market. For example, General Motors is highly profitable outside the US. The reason GM is near bankruptcy is due to North American operations. If I owned GM and wanted to turn the company around immediately, I would just suspend US operations, layoff all US employees, and laugh all the way to the bank.

I’m not advising that. I’m just trying to illustrate that US sales are not the entire picture. Look at GM’s explosive growth in China. I think GM thinks the Chinese market may ultimately saver them. BMWs may sell well in the USA but Daimler-Benz sells well overseas.


43 posted on 10/26/2008 11:47:43 AM PDT by Freedom_Is_Not_Free
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