Replies to post #107438 on Mohacsy's Safe Portfolio Member Forum

[10nisman]

Legacy makers kept churning out mediocrity

What decade are you living in?

I feel sorry for the debt holders of F and GM. $144B and $120B, any misstep and they will be goners.

You mean equity holders not debt holders, right? Otherwise, you have no idea how bankruptcy works.

[Elroy Jetson]

Without knowing anything about Lucid or Fisker, Delorean, I'm skeptical a small volume company will be able to fund the research that will be needed.

https://en.wikipedia.org/wiki/Fisker_Inc.

https://en.wikipedia.org/wiki/Lucid_Motors

It's why Bentley is owned by VW, Rolls Royce is owned by BMW, and the plague of ever-present Maseratis in Southern California are made and leased by Stellantis which also continues to make the world's most weirdly innovative luxury Citroëns.

Pierre-Jules Boulanger who was the CEO of Citroën from 1938 to 1950 produced the Citroën military truck for the Nazis with the oil level indication on the dipstick marked in the wrong place so the engines would seize fairly early in the truck's lifespan. Such a tiny little change in production. The Gestapo couldn't prove anything but they designated him as one of the first people to be arrested and shot in the event of an allied invasion of France. https://citroenvie.com/pierre-jules-boulangers-stele/