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(said in a Fred Gwinn Southern Drawl......)

Wh-wh-WHAT is a "Yoot"?
 

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If you watch closely, the guy in the burnout video goes veering off into his neighbor's yard. It's great!
I saw that, was wondering "WHY didn't they continue filming as he punched-through the side of his neighbour's trailer?"
 

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>...Why is that when Renault talks about a merger with GM, its the frenchies who have the power position (answ: because their business is successful).
- cruiz-euro
No, because GM is $430 Billion In The Hole. Which doesn't say much for the "Brains" at Renault - if you sold-off every single thing that "was" GM (and got Top Dollar for it!) - you'd still end up owing $265 Billion (these #'s are pre-dollar-"plunge" - dunno what it would be as of today). It was estimated that if you "froze" the interest owed on it (not gonna happen), and GM could show a 2% profit from here on out (which is ridiculous - also not gonna happen), it would be nearly 60 years before that debt was paid-off.

I certainly wouldn't want to merge with a company that owes more than the U.S. Deficit.

At least Ford is worth what IT owes - but just barely.

Chrysler didn't even have negative-equity, and it got sold-off (which didn't help Daimler one damn bit, it seems - still in the Red). And it was a stupid way to "rid" a company of a "loss leader" - Chrysler was in the black from 1983 to 2005 - something not even the Japanese companies can claim.

Chrysler had $12 Billion in cash at the time of the Merger in the late-'90s, and sales of $35 Billion a year - it didn't become a loser overnight - the Germans had to work at it............
 
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