Two years ago, the Chinese were viewed as car industry amateurs. Most of their design and manufacturing skills came from joint venture partners in the US and Europe. Chinese cars where shown…
Douglas A. McIntyre According to Reuters, the G-20 began the work of addressing the economic crisis. Reuters reports that US auto sales may have bottomed. Reuters reports that the House backed new laws for pay…
“Green is green as in the color of money” – Brand director of General Electric, Brandweek, July 26, 2006 “Greenwashing” is the act of misleading the public regarding the environmental practices of…
Like a number of other numbers which have come out in the last month, US light vehicle sales were slightly better than expected. Tell that to the US car companies which are…
According to Reuters, Obama demanded that the G-20 find solutions to the global financial crisis. Reuters reports that a bankruptcy for GM (GM) and Chrysler could be a long, drawn-out process. Reuters…
Rick Wagoner, former CEO of GM (GM), is not old enough to retire. He has an incredible CV which includes running a huge but troubled car company for eight years. Another firm…
Toyota’s (TM) share of the US light vehicle market is 18% and Honda’s (HMC) is 10%. GM’s (GM) share of its home market is about 22%. Fifty-five years ago, the No.1 US…
Last month unemployment hit 8.1%. Of course, the figure was not uniform across the country. Seven states posted double-digit figures. But, in Wyoming, less than 4% of the population is out of…
According to Reuters, government talk of auto company bankruptcy may cause creditors and the UAW to renew talks with GM (GM) and Chrysler. Reuters reports that Obama is talking a hefty agenda…
This morning we already knew that General Motors Corporation (NYSE: GM) has 60 days and Chrysler has 60 days until D-Day. The Obama administration pledged that GM brands will be on the…
Citigroup (NYSE: C) and General Motors (NYSE: GM) were removed from the The Global Dow, a relatively new index from Dow Jones Indexes, the same group that puts together the much-more imporant…
The US car companies still have an ace in the hole. The Administration cannot take Chrysler and GM (GM) into bankruptcy without the probability that it will severely undermine stimulus plans meant…
Douglas A. McIntyre The current word in the news media is that Chrysler chief Robert Nardelli will keep his job, unlike his counterpart at GM (GM). That seems odd since, so far, the heads of…
According to Reuters, the Administration has forced GM (GM) CEO Rick Wagoner out of his job. Reuters reports that in an FT interview Obama said the G-20 nations should send a strong…
It may be that GM’s (GM) Rick Wagoner was associated too much with the car company’s failures. To get the concessions necessary to restructure GM, the UAW or the creditors may have…
Douglas A. McIntyre 