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  • 4 weeks later...
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GM (aka Govt Motors) owes Uncle Sam $50 billion US yet they still spend copiously....OPM (other peoples money) I guess.

How they were allowed to stay in business beats me :blink:

Edited by Smoke them tyres
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Read a newspaper article a couple of weeks ago that Holdens market share is dropping rapidly while Ford's has been steady and Toyota's climbing. Looked like Toyota would be number one selling car in AUS in 3-4 years, followed by Ford and then Holden.

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  On 22/11/2010 at 7:15 AM, pharkit said:

Read a newspaper article a couple of weeks ago that Holdens market share is dropping rapidly while Ford's has been steady and Toyota's climbing. Looked like Toyota would be number one selling car in AUS in 3-4 years, followed by Ford and then Holden.

Ummm - toyota has been the number one selling car manufacturer in Australia for ages :spit:

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:spit:

I think a lot of it comes down to the massive spread of models they have. It's certainly not because their servicing prices are low!

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When it comes to saving money on production costs, no one bests Fraud... cheap-ass bastidges still dont even spend money painting the engine blocks in their locally produced models.... now that's Tight!!

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  On 26/10/2010 at 10:44 PM, Dimitry said:

Its funny how much better Ford US is doing financially compared to the struggling GM …

ummm.... http://www.autoblog.com/2010/11/10/general-motors-announces-q3-profit-of-1-96-billion-ahead-of-ipo/

Bailout aside that is a better result than Ford's Q3 isn't it?

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  On 22/11/2010 at 8:51 AM, bunna said:

Ummm - toyota has been the number one selling car manufacturer in Australia for ages :surrenderwave:

Whatever. Point was Expensive Daewoo sales are dropping fast while Ford's remain steady.

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