[E-Type] Ford buying!?

Dang, just when I thought Ford was looking to raise money and dump
assets!! In the NYTimes today.

Ford Motor has offered 57 million euros ($78 million) for the Romanian
government’s majority stake in troubled carmaker Automobile Craiova,
officials said on Friday.

http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=OBR&date=20070907&id=7436221

pauls 67ots

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Now, that IS interesting. I wonder if Craiova has some technological gizmo, or if it may become a major auto producer in Europe. Romania is about the second most depressed country in the world, so labor is cheap.
This will be interesting to follow.
LLoyd–
My driveway is long enough that you can appreciate the conflict between the desire for privacy and the terror of being completely lost .

-------------- Original message ----------------------
From: “paul spurlock” jagdood@gmail.com

Dang, just when I thought Ford was looking to raise money and dump
assets!! In the NYTimes today.

Ford Motor has offered 57 million euros ($78 million) for the Romanian
government’s majority stake in troubled carmaker Automobile Craiova,
officials said on Friday.

http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=OBR&date=200
70907&id=7436221

pauls 67ots

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In reply to a message from soothsayer1@comcast.net sent Fri 7 Sep 2007:

I guess the secret will be out soon: It’s rumored that
Craiova owns all the tooling of the defunct ‘‘YUGO’’ plant,
those boys at FORD are a savvy lot $:-)

Quality is ‘‘Job One’’

Abner–
The original message included these comments:

Now, that IS interesting. I wonder if Craiova has some technological gizmo, or if it may become a major auto producer in Europe. Romania is about the second most depressed country in the world, so labor is cheap.
This will be interesting to follow.


lilAbner
–Posted using Jag-lovers JagFORUM [forums.jag-lovers.org]–

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In reply to a message from lilAbner sent Sat 8 Sep 2007:

Ford MUST be run by idiots. They can’t make Jaguar work so they
should give it a go at crapbox Daewoos? Then dump 675m Euros in a
facility that only turned out 24000 units last year? They might as
well resurrect YUGO while their at it. I bet Henry is rolling over
in his grave!

This has got to be the WTF of the week.–
Brad
huntington valley, PA, United States
–Posted using Jag-lovers JagFORUM [forums.jag-lovers.org]–

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In reply to a message from lilAbner sent Sat 8 Sep 2007:

Good one Abner!

Didn’t the Yugo finish #2 as ‘‘the worst car ever’’ in the Haggerty
poll?

Bold Moves!
D–
1969 BRG OTS
Skaneateles, NY, United States
–Posted using Jag-lovers JagFORUM [forums.jag-lovers.org]–

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I saw one of the first ons delivered to Sicily.
Many bolts were missing from body panels and interior pieces because the bolt holes just didn’t line up. So parts just hung and dangled.
What an “exceptional” car.
LLoyd–
My driveway is long enough that you can appreciate the conflict between the desire for privacy and the terror of being completely lost .

-------------- Original message ----------------------
From: “David Ahlers” david.ahlers@brp.com

In reply to a message from lilAbner sent Sat 8 Sep 2007:

Good one Abner!

Didn’t the Yugo finish #2 as ‘‘the worst car ever’’ in the Haggerty
poll?

Bold Moves!
D

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