Auto manufacturers racing to BANKRUPTCY

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BigBarney
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Post by BigBarney » Fri. Oct. 14, 2022 11:02 am

Which auto company will go bankrupt first???... Many are trying very hard...

Will it be Nissan, Mitsubishi,Renault,Mazda,Jaguar,or many more,you

name them.

Nissan took a big step by selling its Russian operation for less than $1 us.

https://www.forbes.com/sites/michaeltaylor/2022/1 ... 04388c723e

None of the legacy manufacturers are exempt.... They all have debt and are

in a dying ICE market where all of their assets are worthless,who would want

an old ICE assembly line?

Even Toyota ,which has the largest debt in the world ,could be in big trouble,who

would loan them money on assets worth zero?

BigBarney

 
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Post by Retro_Origin » Fri. Oct. 14, 2022 11:17 am

BigBarney wrote:
Fri. Oct. 14, 2022 11:02 am
in a dying ICE market where all of their assets are worthless,who would want an old ICE assembly line?
So what you're saying is most of a current vehicle design revolves around the ICE? So electric vehicles don't have tires, suspensions systems, bodies, paint jobs, braking systems, climate control, radios, mirrors, power windows, seats, carpet, headliners....sure we'll just scrap everything because we changed several components?
*edit* Are you saying we should switch to electric but the singlemost companies who could have the infastructure to do so are incompetent, isn't that another way of saying this isn't a good switch!?

 
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Post by lincolnmania » Fri. Oct. 14, 2022 3:17 pm

Where we getting all this lithium from?
If you order a new hybrid car today it could be a year before it arrives at the dealership. order a non hybrid and it's ready in 2 to 3 months.

 
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warminmn
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Post by warminmn » Fri. Oct. 14, 2022 3:26 pm

There are lots of spare parts for electric cars from all the flooded ones in Florida, well, the ones that didnt catch fire will have parts.... Ok, I guess there arent any spare parts then. :angel:


 
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Post by nut » Fri. Oct. 14, 2022 3:58 pm

lincolnmania wrote:
Fri. Oct. 14, 2022 3:17 pm
Where we getting all this lithium from?
If you order a new hybrid car today it could be a year before it arrives at the dealership. order a non hybrid and it's ready in 2 to 3 months.
California has a lithium mine large enough for our needs https://www.forbes.com/sites/alanohnsman/2022/08/ ... 2ceee4f631

 
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freetown fred
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Post by freetown fred » Fri. Oct. 14, 2022 6:47 pm

That about a state that tells ya not to charge them????????????????????? Who-da-thunk!!! :lol:

 
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Post by waytomany?s » Fri. Oct. 14, 2022 7:04 pm

nut wrote:
Fri. Oct. 14, 2022 3:58 pm
California has a lithium mine large enough for our needs https://www.forbes.com/sites/alanohnsman/2022/08/ ... 2ceee4f631
Sure, but they won't let anyone actually mine it. To many regulations.

 
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Post by grumpy » Fri. Oct. 14, 2022 8:48 pm

Every day I find another reason not to buy a new car.


 
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Post by waytomany?s » Sat. Oct. 15, 2022 9:22 am

What company will be the first to go back to a purely functional car? A fuel efficient 4 door, crank Windows, steel rims, etc. Maybe a radio. A "get me to work and back home safely" car. Maybe all wheel drive. I don't care if it's even an EV. Has to be sub 10G.

 
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Post by freetown fred » Sat. Oct. 15, 2022 3:37 pm

W, ya forgot the 8 track!!!!!!!!!!!!!!!!!! :)

 
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Post by waytomany?s » Sat. Oct. 15, 2022 5:00 pm

freetown fred wrote:
Sat. Oct. 15, 2022 3:37 pm
W, ya forgot the 8 track!!!!!!!!!!!!!!!!!! :)
:yes: bwahaha! I could always add one I guess.

 
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Post by warminmn » Sat. Oct. 15, 2022 6:09 pm

Dont forget an echo box! Cassettes are for sissy boys! I think it was Chrysler (could be wrong) that had a factory record player way back when. That would sell a car to me!

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