Foreign Degree accreditation equivalent?

Really? I once read an account of the Daimler/Chrysler merger that asserted that Mercedes bought Chrysler because they wanted to run an American institution into the ground by making it into an overpriced mini-van company instead of a REAL car company. And, it was said that at the meeting where the merger was consummated, THEY WERE LAUHING!!!

 

Really? Very interesting!

 

Let's talk about Germanic car companies. I once read that Porsche was a sub of VOLKSWAGEN. Is that still true? Did Mercedes come out of the Chrysler merger as an independent car company or are they now someone else's sub? What is the status of the German company known as BUBBA MAKES WHEELS: independent company or someone else's sub?

 

Let's talk of Japanese car companies. They have three car companies that are more pedestrian (Datsun/Nissan, Honda, and Toyota) and three car companies that are more prestigious (Acura, Infiniti, and Lexus). And each of the prestigious car companies is a sub of one of the pedestrian car companies. Who owns whom?

 

Really? I used to own a 1995 Kia Sephia. I bought it used I 2001. Way mass totally cool!

 

I think over 60 percent of Renault shares are public and the two biggest individual shareholders are Nissan and the French state. The list of Renault subsidiaries is interesting, some are completely unknown in the US. The subsidiaries are Dacia (Romania), Renault Samsung Motors (South Korea), Alpine (France), and AvtoVAZ (Russia). By the way, the engines of the Mercedes A-Class are made by Renault.

 

Here is the answer:
Acura -> Honda
Infiniti ->Datsun/Nissan
Lexus ->Toyota

 

That's an urban myth. but it is understandable why it exists. The truth is Daimler tried to become the largest car company in the world, but they did not fully understand the US market and Chryslers role in it. And even worse, the corporate cultures of both companies were extremely different and the Germans simply didn't know how to deal with it. That's not only true for the management. The unions of both companies became some kind of arch-enemies.

 

Yes, Mercedes is still an independent company, just like BMW. Some, however, say BMW is a subsidiary of the Quandt family, who controls BMW. Wikipedia has its own category for that family, and there are two very interesting persons with a different and very poisonous surname in that category: https://en.wikipedia.org/wiki/Category:Quandt_family

However, no one is guilty of the crimes of their relatives.

And Porsche is still a subsidiary of Volkswagen, just like Audi, Seat (from Spain), Škoda (Czech Republic), Bentley, Bugatti, Ducati, Lamborghini, and the two truck brands MAN and Scania.

 

Fun fact about Porsche and Volkswagen:
Porsche AG, the maker of Porsche cars, is a subsidiary of Volkswagen AG. As of 2018, Volkswagen is the largest carmaker in the world (However, Toyota is very close.),

There is also a holding company called Porsche SE. SE stands for Societas Europaea (Latin for European society or company). An SE is basically the same as an AG, except an AG was established based on German (or Austrian, or Swiss) law while an SE was established based on EU law. Every EU member state treats an SE as a domestic company.

Porsche SE is controlled by the Porsche family (the descendants of Ferdinand Porsche)

Now, guess what who has majority voting rights in Volkswagen AG? The answer is Porsche SE!

 

Well, he might. You never know. If I hear 나는 네가 죽길 바래, I'll know I should run.

 

More facts about German (and British) auto companies. Bentley Motors has been a wholly owned subsidiary of BMW since 2003. Rolls Royce Motor Cars became a subsidiary of Volkswagen AG in 1998. I guess nobody saw that coming, after World War II!
General Motors owned Opel for many years. The Cadillac Catera of the 1990s was a badge-engineered Opel. GM recently sold their interest in Opel.

 

Wikipedia says that when GM finally sold Opel in 2017, it was purchased by the France's Groupe PSA, the manufacturer of Peugeots, Citroens and Vauxhalls.

https://en.wikipedia.org/wiki/Groupe_PSA

 

No, Bentley is a subsidiary of Volkswagen AG and Rolls Royce is owned by BMW.

Yes, Opel was a subsidiary of GM between 1929 (!) and 2017.

 

Mini is owned by BMW and Lotus by Geely and whatever is Etika Automotive. I'm in the dark about Lucas.

 

Etika Automotive is a Malaysian company that manufactures trailers, semi-trailers, and bodies for motor vehicles.

 

Thanks. I was too lazy to search for it.

But a Lotus with a trailer doesn't sound right.

 

Is this setting a record for the most hijacked thread ever?

 

Usually this happens when the original topic has been played out. There's nothing to stop someone from pulling it back on-topic if they actually have anything to add to the original line of discussion.
But what about the new Harley Davidsons? Anybody actually see one of the new smaller ones?

 

Lucas, Prince of Darkness!

Yes - Vauxhall was first bought by GM back in the 1930s, I think. Some referred to GM-spawned Vauxhalls as "Austerity Chevrolets." I guess it was finally sold to Groupe PSA. Before the GM years, Vauxhall produced some elegant and sporting cars, including my favourite, The Vauxhall Hurlingham. https://rmsothebys.com/en/auctions/mo11/auction/lots/r185-1928-vauxhall-2060-hurlingham-speedster

Some Vauxhalls were sold here in Canada in the 50s and 60s; as a whole, I don't think they lasted very well in this climate. I believe GM's infamous Envoy Epic of the early 70s (that was sold here) was largely of Vauxhall design or origin.

@mintaru Sorry about the mix-up, owners of Rolls Royce and Bentley. I looked them up and then got them backwards.

@Ted Heiks How did we get from degrees to cars? Dr. Levicoff said "Buy American" in both. Some disagreed - including me. I suggested maybe we could have a triple - one-price car, foreign holiday and degree. (Sigh.) Blame me as usual...

@mintaru I mentioned AACSB for only one reason. I recalled something about Germany's not recognizing American MBA degrees unless they're AACSB accredited. I forgot for a moment that Germany's own degrees are recognized without it.