My own conditions for a bailout (update)

November 20th, 2008 by DaveAdmin

Nobody asked me for my opinion, but then, I didn’t ask Mitt Romney, Michael Moore, Rush Limbaugh, or any other big-mouths for their opinions, either.
Incidentally, the auto industry economists DID clearly see economic troubles coming, at least six months before it did. Ford and Chrysler acted. GM did not.
So here are my conditions for loans [...]

Tags: automakers, bailout, banks, china, chrysler, economy, ford, GM, loans, merger.
bailout

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China to spend $586 billion on its infrastructure

November 9th, 2008 by DaveAdmin

The United States recently decided to give $700 billion in Treasuries to various banks, in return for apparently worthless securities. That might be an oversimplification, but it’s the gist of the deal. The program will be overseen by a Wall Street executive who is used to eight-digit salaries, and has been stripped of any promises [...]

Tags: banks, china, loans.
Off-Topic

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What GM’s Friday announcements might be

November 6th, 2008 by DaveAdmin

The Detroit News is reporting that General Motors will announce “important changes” to its operation on Friday. Citing an internal company email, the News says GM CEO Rick Wagoner and Fritz Henderson, the company’s President and Chief Operating Officer, will outline plans to address challenges “brought on by the volatile global economic situation.”
Earlier, we’d been [...]

Tags: acquisition, brands, cars, cerberus, china, GM, GMAC, Marketing, merger, takeover, Trucks.
GM

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The return of SCORE?

August 19th, 2008 by DaveAdmin

Back in the 1990s - in the heady days of favorable reviews, high profits, rising quality, and increased retention and new-customer captures - Chrysler used to run a program called SCORE, along with its Extended Enterprise system. The basic idea behind these programs was that Chrysler would lean on particular, carefully chosen suppliers more [...]

Tags: china, denso, home depot, score, supplier choice.
Chrysler Corp

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Labor costs and production costs: where factories are sited

August 12th, 2008 by Guest123

With regard to why American factories are closing and the reasons why:
Considering that less than 10% of the total cost of a vehicle goes into wages, I would suspect that there has become a huge disadvantage in taxes from an operating standpoint, which I find ironic. Our unfavorable business taxes have been the main reason [...]

Tags: china, factories, siting.
Chrysler Corp

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Tag Archive for 'china'

My own conditions for a bailout (update)

China to spend $586 billion on its infrastructure

What GM’s Friday announcements might be

The return of SCORE?

Labor costs and production costs: where factories are sited