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Old 04-27-2009, 02:06 PM   #8
neg_matnik
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Quote:
Originally Posted by Mike Wevrick View Post
Misleading thread title You almost gave me a heart attack. This idea is just insane. Can anyone think of any successful government-owned auto company? Even one?
A successful 100% government-owned company? I don't know any.
However, the French government has a stake in Renault. Renault has a stake in Nissan. Both companies are doing OK. Better than GM anyways.

EDIT: I wanted to add some concrete numbers here. The French government's stake went from 53% to 15% over the years.
Take a look here: http://www.renault.com/en/finance/ac...u-capital.aspx
It also looks like Nissan has a 15% stake as well.
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Last edited by neg_matnik; 04-27-2009 at 02:14 PM.
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