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Old 09-10-2004, 11:28 AM
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dmorrison dmorrison is offline
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Join Date: Dec 2002
Location: Colleyville, Texas
Posts: 2,695
Whew! let me chime in here.

It is truely sad to see what Schremp is doing to DC. Not unlike American Airlines. Carty took the airline with the best balance sheet in the industry and in 5 years he put it on the brink of bankruptcy. Schremp is a fool who is only concerned with bottom line economics and not long term viabliity.
I have been in love with Mercedes ever since I saw the brand new 107 as a senior in High School. Purchased my first Mercedes in 1980 and have owned one ever since. But I have bought my last one that is newer than 1988. The 99 E300 was a shop queen and the quality is reflected in the J D Powers and Consumers Reports surveys. The 99 E300 was sold due to reliability problems. The newest Mercedes I own is the 88 560SL.
I once leased an Acura and it convinced me that any new car I buy will be a Honda or Toyota. Or another 123, or possibly that 1971 280SE Cabriolet I think of.

G-Benz
"The DC board has got to be taking notice...when it starts to hurt the investors and stockholders, only THEN will there be some REAL pushbroom housecleaning at the executive offices!"

I don't really buy it. Corporate boards are really a "good ol boy" network who do little but sign off on whatever the "boss" wants. Look at Enron, and all of corporate America. Germany is not to far off from this. As long as they get their perks and stock options they go along for the ride. I owned Diamler benz Depository Reciepts ( stock) for quite some time ( since 1988) , but sold them at a loss due to Schremps poor leadership and the stock has never recovered to my purchase level. I bought it with the idea of "buy what you like", which has worked well in general, but the Diamler Benz was destroyed by Schremp and an inefective board.

DslBnz
Your post about the Trap Oxidizer campaign.

It was not Mercedes good nature that covered that. The EPA requires that emission systems last 10 years. Mercedes was forced to fix the poor design by the potential law suits and federal action by the EPA, not out of there concern about thier customers.

It is sad that the fine company that was Mercedes is fading. But so is BMW and Volkswagon. I really think this is a problem for Germany, not just Mercedes. Since the reuniting of Germany, Germany has had its problems and I think this is just a reflection of that. Times are changing in Germany and it just shows up this way.

I also want to corner Schremp and ask what the hell is he doing. But until he shows up on my door. I'm glad to have my 2 123s and the 107, but as I said the next new car will be Honda or Toyota.

Dave
__________________
1970 220D, owned 1980-1990
1980 240D, owned 1990-1992
1982 300TD, owned 1992-1993
1986 300SDL, owned 1993-2004
1999 E300, owned 1999-2003
1982 300TD, 213,880mi, owned since Nov 18, 1991- Aug 4, 2010 SOLD
1988 560SL, 100,000mi, owned since 1995
1965 Mustang Fastback Mileage Unknown(My sons)
1983 240D, 176,000mi (My daughers) owned since 2004
2007 Honda Accord EX-L I4 auto, the new daily driver
1985 300D 264,000mi Son's new daily driver.(sold)
2008 Hyundai Tiberon. Daughters new car
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