Bankrupt US Automakers

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Bankrupt US Automakers

bobt993 Offline

Riesentöter PCA Member
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Posts: 744
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Joined: Sep 2006

06-19-2009, 01:21 PM

Hey Chris,

Keep in mind Porsche, the most "profitable" car company needed a 13 billion dollar bail out loan just 2 months ago. They screwed up with their over optimistic takeover of VW and now are broke. If Merkel had not called in favors, they may have gone into 13 end of March. Sad

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