Car Forum / Honda Cars / February 2005
FORD buying majority share of Honda
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hunkman - 05 Feb 2005 21:31 GMT I just heard that Ford Motor Company is purchasing up to 40% of all shares of Honda. This is not official yet, but it is in the works. Interesting...
Steve Bigelow - 04 Feb 2005 22:15 GMT >I just heard that Ford Motor Company is purchasing up to 40% of all > shares of Honda. This is not official yet, but it is in the works. > Interesting... And bullshit.
SoCalMike - 05 Feb 2005 21:45 GMT > I just heard that Ford Motor Company is purchasing up to 40% of all > shares of Honda. This is not official yet, but it is in the works. > Interesting... No matter how bad it gets, Ford Motor will not fail or disappear. Ford is safe as long as the U.S. Treasury can issue loan guarantees, but it probably won't get that bad.
they arent buying anything.
ernests131@charter.net - 06 Feb 2005 00:40 GMT > I just heard that Ford Motor Company is purchasing up to 40% of all > shares of Honda. This is not official yet, but it is in the works. > Interesting... Ford owns a third of Toyota and Masda, all of Volvo and Jag and others in smaller amounts so I would not be suprised if they tried to buy Honda; however I just did a five day news search on Google and did not see anything about it.
Imminent Vengeance - 06 Feb 2005 00:44 GMT >> I just heard that Ford Motor Company is purchasing up to 40% of all >> shares of Honda. This is not official yet, but it is in the works. [quoted text clipped - 4 lines] > tried to buy Honda; however I just did a five day news search > on Google and did not see anything about it. Skunkman is obviously just trolling. Pay no attention to him.
Cello - 06 Feb 2005 06:45 GMT >> I just heard that Ford Motor Company is purchasing up to 40% of all >> shares of Honda. This is not official yet, but it is in the works. [quoted text clipped - 4 lines] >tried to buy Honda; however I just did a five day news search >on Google and did not see anything about it. No offence but your statement is only 50% accurate.
Ford Motor Co. does own a third of Mazda Motor Corp., but Toyota Motor Corp. is totally independent.
SoCalMike - 06 Feb 2005 07:07 GMT > Ford Motor Co. does own a third of Mazda Motor Corp., but Toyota Motor > Corp. is totally independent. theyre in a joint venture with GM, but thats about it. GM needs all the help they can get. never shoulda scrapped the GEO conglomeration with suzuki, toyota, and isuzu products.
christopherm_wood@hotmail.com - 06 Feb 2005 16:53 GMT Confirming what most of you are saying, Ford owns a third of Mazda, and also bought Land Rover off of BMW. But no, they don't own any of Toyota and arn't buying into of Honda.
SoCalMike - 06 Feb 2005 07:06 GMT > Ford owns a third of Toyota thats news to me. GM owns half the toyota/GM NUMMI (new united motor manufacturing international) plant in fremont, ca. thats where they make tacomas and pontiac vibes.
ernests131@charter.net - 06 Feb 2005 17:06 GMT > > Ford owns a third of Toyota > > thats news to me. GM owns half the toyota/GM NUMMI (new united motor > manufacturing international) plant in fremont, ca. thats where they > make tacomas and pontiac vibes. That one third interest in Toyota is either a miss read by me or sloppy reporting. The story I read said ford had a 33.4% in toyota, since I can't find it today I'll have to accept it as a miss read on my part. The following is from Hoovers this morning: Ford owns: 33% Masda, all of Hertz, Volvo, Jaguar and BMW's Land Rover Suv GM owns: Saab,Opel,Vauxhall and has interests in Subaru, Suzuki, Fiat and Daevoo Ernie
SoCalMike - 07 Feb 2005 00:32 GMT > The following is from Hoovers this morning: > Ford owns: 33% Masda, all of Hertz, Volvo, Jaguar and BMW's Land Rover > Suv > GM owns: Saab,Opel,Vauxhall and has interests in Subaru, Suzuki, Fiat > and Daevoo yup. all true.
T - 13 Feb 2005 06:57 GMT >>>Ford owns a third of Toyota >> [quoted text clipped - 12 lines] > and Daevoo > Ernie And what do VW/Audi own?
Mercedes?
BMW?
Heck, they are likely as not soon to be all one company, eh?
TBerk
RKMT - 13 Feb 2005 10:46 GMT >> Ford owns: 33% Masda, all of Hertz, Volvo, Jaguar and BMW's Land Rover >> Suv Ford also owns Range Rover, Aston Martin (basically all the cars displayed in the last James Bond are Ford products.)
BMW sold Land Rover, Range Rover and Jaguar the Ford Motor Company (for 10 pound sterling) when they got rid of the Rover Group. The current Range Rover is a BMW design, the new Disco is a Ford product.)
Ford owns brand as Ford, Lincoln, Continental
>> GM owns: Saab,Opel,Vauxhall and has interests in Subaru, Suzuki, Fiat >> and Daevoo >> Ernie > > And what do VW/Audi own? The VAG group owns VW, Audi, Seat and Skoda. Audi owns Lamborghini.
> Mercedes? Mercedes is a brand of the DaimlerChrysler Group.
> BMW? BMW is ows by the Quandt family. When they sold off their assets in the Rover Group, they kept Mini, which they rebranded MINI (all caps.) Ironically, BMW needed their archrival's 1.6 engine from the Neon to put it in the MINI.
> Heck, they are likely as not soon to be all one company, eh? Not likely. Peugeot is still family owned and Renault owns Nissan (the textbook example of what a good merger should be, as opposed to DaimlerChrysler's,) and TVR has been bought by a 25-yr Russian billionaire for 25 million pound sterling.
Alex
Gordon McGrew - 13 Feb 2005 17:02 GMT [snip]
>Not likely. Peugeot is still family owned and Renault owns Nissan (the >textbook example of what a good merger should be, as opposed to >DaimlerChrysler's,) and TVR has been bought by a 25-yr Russian >billionaire for 25 million pound sterling. > >Alex And GM is paying $1.5B not to buy Fiat.
http://story.news.yahoo.com/news?tmpl=story&cid=580&e=1&u=/nm/20050213/bs_nm/aut os_fiat_dc
My rule of thumb is that any merger will be bad for both companies in the long run.
Mike Smith - 14 Feb 2005 00:52 GMT >> And what do VW/Audi own? > > The VAG group owns VW, Audi, Seat and Skoda. Audi owns Lamborghini. VAG also owns Bentley and Bugatti.
-- Mike Smith
Pars - 08 Feb 2005 00:02 GMT ">
> thats news to me. GM owns half the toyota/GM NUMMI (new united motor > manufacturing international) plant in fremont, ca. thats where they > make tacomas and pontiac vibes. That's where my 1986 Chevy Nova was built which is basically the same as the Toyota Corolla. My brothers and me most have gotten into about 4 accidents per year until the lease ended and we returned the car (All three of us got our licensed within a few weeks of each other and a few month later, we got the Nova). It's too bad that the dealership didn't put the car up on a hoist before taking it back. But back then, leasing was a fairly new concept....even for the dealerships.
Pars
Gordon McGrew - 07 Feb 2005 06:43 GMT >> I just heard that Ford Motor Company is purchasing up to 40% of all >> shares of Honda. This is not official yet, but it is in the works. [quoted text clipped - 4 lines] >tried to buy Honda; however I just did a five day news search >on Google and did not see anything about it. Either 33% of Toyota or 51% of Honda are worth more than all of Ford.
Market Capitalization $Billion
49.3 Honda 129.0 Toyota 24.2 Ford 21.0 GM 47.1 DaimlerChrysler
Ford would be doing well just to keep their bonds from falling to junk grade.
John Horner - 28 Feb 2005 05:12 GMT >> I just heard that Ford Motor Company is purchasing up to 40% of all >> shares of Honda. This is not official yet, but it is in the works. >> Interesting... > > Ford owns a third of Toyota and Masda, all of Volvo and Jag and Ford does not own any of Toyota. They do own a controlling interest in Mazda and all of Volvo and Jaguar as you said.
John
He Hate Retard and Moron - 06 Feb 2005 06:43 GMT Sure..... just a ploy to get everyone to buy your worthless FORD stocks!
____________________________________ Do not write below this line. Reserved for me.
Zelk - 06 Feb 2005 20:52 GMT > Sure..... just a ploy to get everyone to buy your worthless FORD stocks! > > ____________________________________ > Do not write below this line. Reserved for me. If that was his intent, bad move. Usually the stock price of the acquiring company (the company spending the money to buy) goes down.
twaugh5 - 09 Feb 2005 01:35 GMT > I just heard that Ford Motor Company is purchasing up to 40% of all > shares of Honda. This is not official yet, but it is in the works. > Interesting... Does that mean Honda will start selling Expeditions and Navigators -- under a Honda badge like the Passport. Boggles the mind. Seriously doubt Honda would contaminate itself.
Gordon McGrew - 09 Feb 2005 04:57 GMT >> I just heard that Ford Motor Company is purchasing up to 40% of all >> shares of Honda. This is not official yet, but it is in the works. [quoted text clipped - 3 lines] >a Honda badge like the Passport. Boggles the mind. Seriously doubt Honda >would contaminate itself. (again)
hunkman7@excite.com - 10 Feb 2005 12:54 GMT > >> I just heard that Ford Motor Company is purchasing up to 40% of all > >> shares of Honda. This is not official yet, but it is in the works. [quoted text clipped - 5 lines] > > (again) Inside news, not yet public, rumours that Ford is working on a 200hp 4 cylinder engine that would go into the anemic Ford Focus and Honda Civics. The 2006/2007 Hondas would also be built on the Focus platform, just badged different but basically the same car.
slutboyx@excite.com - 10 Feb 2005 12:59 GMT No, the guys at Ford I spoke with said that they wanna launch a direct competition to the Pontiac Vibe. It is hoping to gain more market share by launching Civics on the Focus platform.
Dave - 10 Feb 2005 22:57 GMT Wasn't the last rumor here that GM wanted to buy Honda. I'm assuming these are all trolls. First, Honda has always fiercely maintained their independence. Second, Honda's market capitalization is bigger than that of both GM and Ford combined (as of today, $48.2B vs $20.7B and $24.0B respectively). So, if anything, I would think it would be Honda doing the buying ;-)
Gordon McGrew - 10 Feb 2005 23:22 GMT >Wasn't the last rumor here that GM wanted to buy Honda. I'm >assuming these are all trolls. First, Honda has always fiercely >maintained their independence. Second, Honda's market >capitalization is bigger than that of both GM and Ford combined >(as of today, $48.2B vs $20.7B and $24.0B respectively). So, if >anything, I would think it would be Honda doing the buying ;-) And (just to put the final nail in the coffin), the last part of a car that Honda would out source would be the engine.
If these rumors have any basis in fact, it would be Ford buying Honda engines to put in the Focus, just like GM is buying Honda engines for the Saturn Vue. Ford would probably love to rebadge Civics as Foci, but I am skeptical that Honda would go for that.
SoCalMike - 11 Feb 2005 02:08 GMT > anything, I would think it would be Honda doing the buying ;-) honda wouldnt want em.
Gordon McGrew - 10 Feb 2005 23:16 GMT >> >> I just heard that Ford Motor Company is purchasing up to 40% of >all [quoted text clipped - 14 lines] >Civics. The 2006/2007 Hondas would also be built on the Focus >platform, just badged different but basically the same car. What are you smoking?
SoCalMike - 11 Feb 2005 02:07 GMT > Inside news, not yet public, rumours that Ford is working on a 200hp 4 > cylinder engine that would go into the anemic Ford Focus riiight. not even close on the trollometer. fords blown so much cash they couldnt buy a cuppa coffee.
WaterWatcher - 12 Feb 2005 06:07 GMT >I just heard that Ford Motor Company is purchasing up to 40% of all > shares of Honda. This is not official yet, but it is in the works. > Interesting... Yeah, interesting that 40% is now a majority. Must be that new troll math.
WW
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