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timstar92404
Joined: 22 Sep 2004
Posts: 2075
Location: richmond BC
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 Posted: Tue Sep 27, 2005 8:23 pm Post subject: |
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thats so confusing...... ford owns aston martin and mazda.
what does owning the company do? I don't think ford takes any part in designing aston martin or mazda or using ford parts in mazda or aston martin etc.
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78 924 sold.
85.5 944 |
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Modoc
Joined: 22 Dec 2004
Posts: 155
Location: Rexburg, Id / Fremont, Ca
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| Posted: Tue Sep 27, 2005 11:14 pm Post subject: |
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More money? why own 1 company when you can buy an already made company not setup anything not design anything and just let them work on their own and in your spare time make 2x the money?
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Proud owner of
'88 924s - Sold
'01 ML430
'97 Honda Civic |
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skemcin
Joined: 02 Sep 2003
Posts: 1284
Location: Plainfield, IL
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| Posted: Tue Sep 27, 2005 11:25 pm Post subject: |
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PROFIT We live in a capitalist society Tim, so money controls practically everything. Bigger company's prey on the smaller ones - when they are week, or when they are showing promise. Buy em out when they are weakened, invest a little, and turn them around - i.e. Land Rover. Buy them when they are showing promise, i.e. Aston Martin (for racing - notice how more and more Astons are wining races that have been dominated by Corvettes and Porsches?)
This is what sometimes bothers me so $%^%#&# much:
| Quote: | | Its{Porsche} shares have surged amid speculation that a large investor was building a stake in preparation for a takeover. |
I wish our human nature would just be satisfied with a good thing and not be so damn tempted to make something that is awesome, more awesome. Why can't we be satisfied with a good thing - why do we always have to "try" (operative word is try) to make things better. I sware, I hope the guys/gals at Porsche don't reduce themselves to actions resulting from greed or desperation.
I'd rather see Porsche close its doors than be bought out. I mean just research at all the classic/vintage automakers that have gone out with respect. I know manufacturers learned alot when Crysler bought Maserati - but still - don't even tease me with the possibility.
BTW, my hole position on this (now that I'm off my soap box) originated from the Chrysler/Maserati merge. I worked at a Chrysler dealership when that happened and I got to drive one of the first Chrysler Maserati POSes shipped - and POS is an understatement - talk about vicariously living through another brand name . . . . I'm done - no one wants to read this $hit anyway!
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924.org (no time to complete)
9249206346 - 89k – new shifter bushings, belts, running well.
9249206347 - 8k – waiting its resurrection, no power at the fuel pump and fuse #7 blows w/power |
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timstar92404
Joined: 22 Sep 2004
Posts: 2075
Location: richmond BC
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| Posted: Wed Sep 28, 2005 6:34 am Post subject: |
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I already think porsches image is ruined alot now with the cayenne.
before porsche was just the name for a sports car mostly referring to the 911 now porsche could be a big ass 911 looking suv that old ladies drive to the groccery store.
yeah I have seen an older lady driving a cayenne to get grocceries.
the cayenne is actually pretty popular here I see them all the time.
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78 924 sold.
85.5 944 |
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Carris
Joined: 19 Sep 2004
Posts: 109
Location: Melbourne Australia
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| Posted: Wed Sep 28, 2005 8:15 am Post subject: |
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The Ford Focus, Mazda 3 and Vovlo S40 all share the same platform. So same basic concepts and major sub assemblies.
The new jags will share a lot with the new astons martins.
Is all about spreading hte development cost of the vehicles over
as high a volume as you can.
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Chris |
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DS-777
Joined: 16 Sep 2005
Posts: 134
Location: Michigan USA
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| Posted: Wed Sep 28, 2005 8:41 am Post subject: |
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| Carris wrote: | Ferrari are owned by Fiat, which is no better than GM or Ford really, apart from it being italian, which I am not sure if that is good or bad.
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Sorry to say, but I'm almost positive that Fiat is owned by Ford.  Along with Jaguar that I'm actually quite fond of. Before I bought my 924 I was looking at a Fiat Turbo and a Jaguar XJ12.
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Gone: 1981 silver 924 w/ black int. and a 5 speed. |
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Carris
Joined: 19 Sep 2004
Posts: 109
Location: Melbourne Australia
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| Posted: Wed Sep 28, 2005 9:22 am Post subject: |
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Ford do not own fiat, GM owned a large stake in Fiat, up until recently, when they were forced to buy themselves out of a buy-out clause they stupidly signed onto a while back. So Fiat is on their own at the moment, however they do own Lancia, Alfa Romeo, Masarati and Ferrari.
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Chris |
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DS-777
Joined: 16 Sep 2005
Posts: 134
Location: Michigan USA
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| Posted: Wed Sep 28, 2005 9:24 am Post subject: |
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Yea, that makes sense, I knew they owned all those Italian companies, but I really thought Ford at least had a piece of them. Oh well, can't be right every time.
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Gone: 1981 silver 924 w/ black int. and a 5 speed. |
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augidog
Joined: 03 Mar 2003
Posts: 1360
Location: New Jersey
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| Posted: Wed Sep 28, 2005 10:02 am Post subject: |
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I believe Triumph bought out MGB and soon after that stopped making them. -I hate them for that
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1978 924 95 mile daily driver.
Audi TB/POR174M/High Flow Cat/2.25" exhaust
I knew that positive thinking thing wouldn't work. |
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ATL_racer
Joined: 09 Aug 2005
Posts: 97
Location: Atlanta, GA USA
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| Posted: Wed Sep 28, 2005 12:56 pm Post subject: |
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"shares in Porsche were down by 8.9% at 618.50 euros. VW fell initially, but recovered to trade 1.8% higher at 52.45 euros."
618.50 per share? Holy crap.
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late 1979 porche 924, red 2.0l NA 5speed snailshell
Plans: Restore exterior, revitalize interior, install killer sound system, run engine in stock form and have fun.(+ a short throw shifter if i can find one) |
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ATL_racer
Joined: 09 Aug 2005
Posts: 97
Location: Atlanta, GA USA
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| Posted: Wed Sep 28, 2005 1:47 pm Post subject: |
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| skemcin wrote: | PROFIT
This is what sometimes bothers me so $%^%#&# much:
| Quote: | | Its{Porsche} shares have surged amid speculation that a large investor was building a stake in preparation for a takeover. |
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don't miss quote "Its" was reffering to VW, porsches shares dropped that day...
_________________
late 1979 porche 924, red 2.0l NA 5speed snailshell
Plans: Restore exterior, revitalize interior, install killer sound system, run engine in stock form and have fun.(+ a short throw shifter if i can find one) |
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skemcin
Joined: 02 Sep 2003
Posts: 1284
Location: Plainfield, IL
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| Posted: Wed Sep 28, 2005 1:55 pm Post subject: |
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| ATL_racer wrote: | | skemcin wrote: | PROFIT
This is what sometimes bothers me so $%^%#&# much:
| Quote: | | Its{Porsche} shares have surged amid speculation that a large investor was building a stake in preparation for a takeover. |
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don't miss quote "Its" was reffering to VW, porsches shares dropped that day... |
sorry, thanks for the correction - its the later part of the statement that urks me - "preparation for takeover" - errr I hate the concept but understand the economics behind the idea.
_________________
924.org (no time to complete)
9249206346 - 89k – new shifter bushings, belts, running well.
9249206347 - 8k – waiting its resurrection, no power at the fuel pump and fuse #7 blows w/power |
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Peter_in_AU
Joined: 29 Jul 2001
Posts: 2745
Location: Sydney, Australia
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| Posted: Wed Sep 28, 2005 2:15 pm Post subject: |
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The report I read from the Guardian said that Porsche bought the 20% of VW to effectively stop VW being a take-over target for the "Anglo-American locusts".
Apparently VW owns 13% of it's own stock and 20% is owned by another German group so Porsche's 20% will keep VW German.
Porsche paid cash for the shares so business must be good.
_________________
1979 924 (Gone to a better place)
1974 Lotus 7 S4 "Big Valve" Twin-cam (waiting)
1982 924 (As featured on Wikipedia)
Learn to love your multimeter and may the search be with you |
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ozarknight
Joined: 27 Jul 2005
Posts: 27
Location: Rolla, MO
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| Posted: Wed Sep 28, 2005 3:02 pm Post subject: |
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| Quote: | | what does owning the company do? I don't think ford takes any part in designing aston martin or mazda or using ford parts in mazda |
For a few years I sold Fords (sorry guys) about the only difference in the Ranger and the B series Mazda truck was that Mazda had a better warranty. The Escort and the Protege were the same except for minor body differences and Probe was made for Ford by Mazda.
(I don't know how to quote from a previous page but Khal said) "Porsche bought a fifth of VW... "
I feel good if I can by a fifth of VO.
Cheers
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'88 924S Slate Gray Metallic |
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gepetto143
Joined: 14 Oct 2004
Posts: 27
Location: Quebec City, Canada
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| Posted: Wed Sep 28, 2005 9:55 pm Post subject: |
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[quote="timstar92404"]I already think porsches image is ruined alot now with the cayenne.[quote]
have you ever driver a cayenne? It's quite pleasant to drive. They sell a lot of cayenne here. I beleive that sometimes, companies have to sell a "high volume" product to give them the incomes they need to work on other projets that are, maybe, less profitable.
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1974 Porsche 914-4
1984 VW Jetta TD |
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