Bianco on Cars: Heresy in Munich
#1 Jun 8, 2010
Todd Bianco is yet another uninformed (or willfully stupid), you pick, writer who can't be bothered to research his subject or dig deeper than the latest twitter message. Daimler was saved by Chrysler's cash and by their volume sales and engineering. The company (Daimler), used Chrysler's billions of cash to revamp the failing Mercedes lineup and then deliberately starved Chrysler of product in order to protect Mercedes. When Chrysler was finally out of cash and starved for sales because of lack of new product; ( which had all gone to Mercedes), the lovely folks in Stuttgart threw them into the street. It's called a 'Strip and Flip'. Since Todd never did his homework, he knows none of this. Therefore anything this guy says is suspect. The truth is that Daimler and BMW are in serious trouble due to their lack of volume sales. They both know it and are frantically trying to fix it. Daimler by eating up yet another company, Bmw by offering a little something for everyone. Both will be forced into some kind of a merger before too long, neither of their business models is viable any longer.
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