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      08-01-2008, 09:54 AM   #1
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BMW fell as much as 10.8 percent in Frankfurt trading.

http://www.bloomberg.com/apps/news?p...d=aaTU7sjXaoBE


http://newsvote.bbc.co.uk/2/shared/f...elve_month.stm
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      08-01-2008, 01:49 PM   #2
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such a shame. bmw takes a dump.
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      08-01-2008, 02:01 PM   #3
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thats for announcing non NA M cars and M cars on SUV's. that's what they get for being dumb. well deserved
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      08-01-2008, 02:42 PM   #4
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Should of dropped more.
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      08-01-2008, 06:25 PM   #5
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Quote:
Originally Posted by ///Mantis View Post
thats for announcing non NA M cars and M cars on SUV's. that's what they get for being dumb. well deserved
Hahahahaha
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      08-01-2008, 10:13 PM   #6
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Smells like a buying opportunity. Last year they were trading around 50 euros a share for a while.
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      08-08-2008, 08:28 PM   #7
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they will fall, then go up, then fall. Welcome to the stock markets of the 21st century, volatility is their game.
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"...it's not about the money and not about the brand of the car, it's about handling,performance and passion......And that, no other car has all together like an M3........when you talk about the most complete car the M is invincible." --Tony Kanaan.
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      08-08-2008, 09:46 PM   #8
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Does not surprise me for a company where their largest market is the U.S. and they offer the crapiest gas mileage.

They do not sell one car in the U.S. that gets 25MPG city. The diesels cannot come fast enough.
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      08-09-2008, 12:02 AM   #9
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Buying stocks in automobiles these days is a bad bet.

There is more pain coming to the US yet.

Toyota will buy GM and will signal an end to true domestic car production.
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      08-09-2008, 03:12 AM   #10
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That is what they get for not bringing over the the M sport.
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      08-09-2008, 10:19 AM   #11
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Quote:
Originally Posted by sparkyg View Post
Buying stocks in automobiles these days is a bad bet.

There is more pain coming to the US yet.

Toyota will buy GM and will signal an end to true domestic car production.

umm no. There is no upside for toyota to buy GM. None. Zero. Nada.
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      08-09-2008, 11:08 AM   #12
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umm no. There is no upside for toyota to buy GM. None. Zero. Nada.
+1 All the GM plants would have to be bombed and rebuilt.

I can't think of one thing GM has that Toyota wants.

However, I could see GM getting out of the car business and just providing transmissions, electronics, and other stuff.

I do believe GM, Ford, Chrysler, one or more will be gone in the next 3 years. The unions and management have never had any incentive to improve quality/design and have destroyed the U.S. car business. I am surprised they lasted this long.
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      08-12-2008, 09:01 AM   #13
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If no one buys GM then they will go bankrupt, then the gov will bail them out? You just can't keep borrowing money and losing it, sooner or later the banks will say no and they will get liquidated.

Maybe the UAW will buy them and then the ultimate irony will begin.
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