10 CEOs To Go For 2009: Rick Wagoner of GM (GM, F)
It is already December and it is time for corporations to have at least started their reviews for how to improve in 2009. Those reviews will involve many management reviews, and many…
It is already December and it is time for corporations to have at least started their reviews for how to improve in 2009. Those reviews will involve many management reviews, and many…
GM (GM) has plants in Mexico. Ford (F) has plants in Wales, Germany, Turkey, and Spain. Chrysler has facilities in Canada. Almost all of their suppliers source and build key parts in…
According to Reuters, US car sales are expected to be down sharply for November. Reuters reports that the global recession is hurting Asian factories. Reuters reports that the GM (GM) board is…
Near the Detroit Metropolitan Airport, visible from several major highways, is a four-story tall replica of a Uniroyal tire. It was built for the 1964 World’s Fair in New York and was…
GM (GM) would like to get some unsecured debt-holders to swap their crumbling paper for equity in the failing auto marker. It may appear that this would solve a problem, but it…
Accoring to Reuters, Japan’s industrial output fell sharply in October. Reuters reports that stores are courting careful customers this Black Friday. Reuters report that Panasonic shares fell to a five year low…
According to Reuters, markets in Asia and Europe ross about 2% Reuters reports that the downturn in the Chinese economy deepened. Reuters reports that BHP Billiton (BHP) was gloomy about its prospects…
Are the markets still unstable? Are they subject to sharp moves on a rumor or a whim? Ford (F) and GM (GM) are both up about 30% today. The reason is astonishingly…
Detroit is in real trouble. There has been some hope that the really healthy Japanese and European car companies could hold on to their credit ratings. Toyota (TM) has a bullet proof…
24/7 Wall St. interviewed Jesse Toprak, Executive Director of Industry Analysis at Edmunds.com. One of the largest issues looking at November domestic vehicle sales is whether bankruptcy rumors are pushing buyers away…
S&P does not appear to be willing to bet that the new administration will want to or be able to bail out GM (GM), Ford (F), and Chrysler. If the credit rating…
General Motors (NYSE: GM) and Tiger Woods are calling their current endorsement deal quits. The company and the world’s greatest golfer have agreed to an amicable separation which will end his endorsement…
Most executives spend their careers trying to get noticed, both as a way to achieve promotion and to bolster their reputations which they hope will be remembered long after they retire. Mention…
According to Reuters, the US government gave Citigroup (C) a bailout worth over $300 billion. Reuters reports that the rescue of Citi failed to dispel concerns about the financial market as some…
The GM (GM) board is looking at a Chapter 11 as a way to get the car company out of its mess. Even if Congress approves funds for the car company, it…