Car manufacturers' financial standing important?

[Kelpie]

1. Do you also consider a car manufacturer's financial standing prior to buying the car?

 

2. There were many examples of car manufacturers that their books went into red but people still buy their cars. Aren't they afraid of the cars being discontinued or debadge to some other brand names later?

 

Regards,

[Silver_blade]

Depend on which company. If it's GM, Ford, VW, etc...I'm not afraid. They are very large companies and could easily get $$$$ by selling off some brands or get banks to help out. Too much is @ stake (labour, etc)

[Jrage]

Actually no need to see financial standing as long as the manufacturer is establish. Cos' most probably before bandruptcy happens, another manufacturer will step-in to buy over or the state will lor. Someone will rescue the company one *those establish ones*. e.g. Proton, the state will come in to recues to save face. While manufactors come in to take over ready branding and factory setup. Some "company" will still be ard to service the car.. no matter what.

 

Discountinue is the same risk across all manufacturers whether or not they are in financial crisis. That's why when the car going to have face-lift will be cheaper lor.

Edited April 26, 2007 by Jrage

[Kelpie]

1. Mitsubishi once went to red for a few years. Mazda was bought over by the west. I think, making successful "bread and butter" cars is very important for the long term survival of the company. Honda has Civic and Toyota has Collora.

 

2. Look at Rover, where is it now?

 

Regards,

[Skyw4lker]

car manufacturer? not as important as PIs

[Imamiah]

Rover in China