globaleconomicanalysis.blogspot.com - 1/5/2009
—
It was a grim December across the board for Automakers as GM’s 2008 U.S. Sales Plummet to 49-Year Low; Toyota, Honda Fall . General Motors Corp.’s 2008 U.S. sales plunged to a 49-year low, dragged down by a 31 percent plunge in December as demand was ravaged by the recession and concern that the ...
Auto sales continue to plummet
optionarmageddon.ml-implode.com 1/5/2009 —
Can’t do too much to rescue automakers if no one is buying cars. Detroit’s bad vehicle lineup is only partly to blame. The bigger problem is that overall demand has collapsed. Americans now buy about 10m cars on an annualized basis, ...
Stop The Auto Bailout Campaign - Phase Three
globaleconomicanalysis.blogspot.com 12/4/2008 — The automakers have made another push for money, now asking for $34 billion when two weeks ago they only needed $25 billion. It's time once again to let our representatives we want to stop the madness. Stop The Auto Bailout We need to Call, write, ...
Auto Sales Stabilize in October
blog.ockhamresearch.com 11/3/2009 — “…And GM really making real progress with the SUV’s. I mean, I have got to tell you, they have really come alive in that segment, they now lead Ford in that segment. Other winners just looking at everybody, not just GM, Cadillac is up. Ford Taurus sales up 41%. ...
Say No to the Auto Bailout
cato.org 11/14/2008 — This article appeared on CNN.com on November 13, 2008. General Motors, Ford, Chrysler and the United Auto Workers union are pouring millions of dollars into a lobbying campaign for a taxpayer bailout. The money devoted to influence peddling in ...
Ford Takes Advantage of Cash for Clunkers
blog.ockhamresearch.com 8/3/2009 — Ford Motors ( F ), along with other major automakers, reported sales results from the month of July, and in Ford’s case it was the first increase since November 2007. The company delivered 165,279 vehicles last month compared to 161,530 a year ago. The much discussed ...
Ford Exec: 'We Are Sensitive To Public Opinion'
npr.org 11/26/2008 — All Things Considered , November 25, 2008 President-elect Barack Obama said Monday he was "surprised" the auto executives didn't have a better thought-out proposal when the Big Three came before Congress last week. The executives, including Ford ...
Ford Motor Seeing Gains In Europe
blog.ockhamresearch.com 10/12/2009 — When it comes to American automakers, Ford Motors ( F ) has weathered the recent storm far better than the rest. Today, the company is seeing the benefit of a weaker dollar through stronger sales in its European division. Ford’s European unit is reporting that sales this year ...
Auto bailout: there's a better way
knowledgeproblem.com 11/18/2008 — Lynne Kiesling
For the past 30 years the U.S. auto industry has been like your alcoholic Uncle Bob: his self-destructive habits seem beneficial to him, despite the harm they cause him and the pain they inflict on his family and friends. You want ...
What About Ford (F)? – 24/7 Wall Street
247wallst.com 5/29/2009 — bear Chrysler is well on its way through the Chapter 11 process. The media has pointed out that even if everything goes as planned Chrysler has a line of vehicles that desperately needs a face lift. The company will also have to deal with the time ...
Auto Industry Growth at Dead End —
The Big Money 1/6/2009
The U.S. car market ended 2008 on a dire note according to new data released yesterday. Both the Wall Street Journal and The New York Times report that GM, Ford and Toyota saw U.S. sales drop more than 30% last month , "capping one of the worst ...
Bail Yourself Out —
The Big Money 1/6/2009
Imagine you're an elderly parent with a couple of deadbeat, middle-aged children. Your kids—who we'll call Germane and Chrys—have their own auto-repair shop, which has recently fallen on hard times of its own making. Their methods were outdated, ...
Corporate jets: Deeply uncool —
The Economist: Full print edition 1/8/2009
Companies are rushing to get rid of their private jets—or are they? WHEN the bosses of General Motors, Ford and Chrysler flew in their corporate jets to Washington, DC, to beg for financial aid in November, they encountered some stormy ...