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Daimler to axe luxury cars subsidiary Maybach

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RZM Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 03:24 PM
Original message
Daimler to axe luxury cars subsidiary Maybach
Edited on Mon Nov-28-11 03:31 PM by RZM
Source: BBC

German industrial group Daimler is preparing to disband its ultra-luxurious Maybach car marque.

The decision follows almost a decade of trying to make Maybach a profitable rival to Rolls Royce and Bentley.

Daimler is said to have invested more than 1bn euros in the Maybach brand, which was revived nine years ago after more than 60 years out of production.

Daimler had intended to sell 1,000 Maybachs a year at more than 300,000 euros (260,000, $400,000) each, but fell well short of that at around 200 a year.

Read more: http://www.bbc.co.uk/news/business-15917550



Looks like all those rappers and super-wealthy businesspeople will have to find other ways to waste their fortunes ;)
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Submariner Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 03:36 PM
Response to Original message
1. Limbaugh owns a couple of these things
If I lived in Florida I would love to have a chance to sideswipe his paint job with my old Chevy truck. Standing at the side of the road exchanging insurance info with Rush and ragging him something fierce would be a wonderful thing. :evilgrin:
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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 03:36 PM
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2. Oh no! What will our cats ride around in now?
They will be so pissed if they are 'downgraded' to the Rolls.

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usrname Donating Member (134 posts) Send PM | Profile | Ignore Mon Nov-28-11 04:07 PM
Response to Original message
3. The trickle down didn't trickle down to these
luxury car manufacturers, apparently.
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Populist_Prole Donating Member (774 posts) Send PM | Profile | Ignore Mon Nov-28-11 04:11 PM
Response to Original message
4. A rising tide swamps non-bouyant boats
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KeepItReal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 04:18 PM
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5. They looked like overdone S-Class Benzes...
The Rolls Royce line is very distinctive and much better looking.
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montanto Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 04:51 PM
Response to Original message
6. Who is going to take care of my warranty issues?
oops.
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 05:26 PM
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7. I guess the one-percenters aren't buying Maybachs.....
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alp227 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 05:40 PM
Response to Original message
8. now Maybach=a silly rap song.
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RZM Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 07:24 PM
Response to Reply #8
9. LOL. Does this guy write about anything other than European cars?
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Kurmudgeon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 08:10 PM
Response to Original message
10. Now you know where some of that money that Benz took from Chrysler went.
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