BMW should get some credit for being on the CA side of the CARB fight but that was just common sense.
But it really does look like BMW is failing right now globally. Last year they announced their X3 saved them but admitted that they had the worst financial results in a decade and fired their CEO. They have a new guy he's doubling down on the same stupid strategy. It only took a 9% decline to bankrupt GM. Granted BMW was a much stronger firm in the down turn and weathered it, but you just don't see new BMWs in SoCal anymore and it can't fail SoCal and not fail everywhere else. It very clearly seems to be failing, its major competitor sold more cars primarily to is customers in the US with one model than it sold cars in the US. And again I don't see its X3 in SoCal which is the most competitive market within the most competitive market globally. MB has some of the same issue, lowest sales in a quarter century but at least MB isn't stupid or delusional about the transition to electrics being the source of the decline.
If BMWs in progress bankruptcy isn't obvious to everyone at this point it can only be because of something like a quiet bailout by the German government. Presumably the German government wants to help the employees. But there is a better way. Let the firm go bankrupt but restrict the sale of its assets at fire sale values to its employees only. Let them take it private then have them convert it to a membership vice ownership basis. But strip away all the elements of slavery, no more investors or owners, no more board, no more executives, no more managers, no more supervisors, no more union, no more investing the firm's money in outside entities, strictly pay as you go all internally funded pensions, health care, insurance. Sure its a collective not a coop but the people who added all of BMWs value in the first place can run it with out all that extractive parasitic slavery bs added in- no bosses just get sht done in a fair manner, run it on friendship (not nepotism) and trust not: fear, coercion, lies and theft. Make sure the charter runs specifies it must run in the black and no outside borrowing. Also give this kind of entity a much more favorable tax status. Tax shouldn't encourage slavery. This arrangement will allow BMW to be as aggressive with automation as it needs to be and it will ensure the benefits accrue to the people who contribute to the organization and the public.
The non contributing parasites in associated with he organization are responsible for its bankruptcy. They were paid off many times over long ago for their non contribution.
But it really does look like BMW is failing right now globally. Last year they announced their X3 saved them but admitted that they had the worst financial results in a decade and fired their CEO. They have a new guy he's doubling down on the same stupid strategy. It only took a 9% decline to bankrupt GM. Granted BMW was a much stronger firm in the down turn and weathered it, but you just don't see new BMWs in SoCal anymore and it can't fail SoCal and not fail everywhere else. It very clearly seems to be failing, its major competitor sold more cars primarily to is customers in the US with one model than it sold cars in the US. And again I don't see its X3 in SoCal which is the most competitive market within the most competitive market globally. MB has some of the same issue, lowest sales in a quarter century but at least MB isn't stupid or delusional about the transition to electrics being the source of the decline.
If BMWs in progress bankruptcy isn't obvious to everyone at this point it can only be because of something like a quiet bailout by the German government. Presumably the German government wants to help the employees. But there is a better way. Let the firm go bankrupt but restrict the sale of its assets at fire sale values to its employees only. Let them take it private then have them convert it to a membership vice ownership basis. But strip away all the elements of slavery, no more investors or owners, no more board, no more executives, no more managers, no more supervisors, no more union, no more investing the firm's money in outside entities, strictly pay as you go all internally funded pensions, health care, insurance. Sure its a collective not a coop but the people who added all of BMWs value in the first place can run it with out all that extractive parasitic slavery bs added in- no bosses just get sht done in a fair manner, run it on friendship (not nepotism) and trust not: fear, coercion, lies and theft. Make sure the charter runs specifies it must run in the black and no outside borrowing. Also give this kind of entity a much more favorable tax status. Tax shouldn't encourage slavery. This arrangement will allow BMW to be as aggressive with automation as it needs to be and it will ensure the benefits accrue to the people who contribute to the organization and the public.
The non contributing parasites in associated with he organization are responsible for its bankruptcy. They were paid off many times over long ago for their non contribution.
