Ford Seeks $6 Billion for Volvo - Stock Hideout
Ford, General Motors Corp. and Chrysler LLC are asking the U.S. for 34 billion in aid as the recession and credit crisis erode sales. Dearborn, Michigan-based Ford has lost 24 billion since 2005, and Chief Executive Officer Alan ...http://www.stockhideout.com/market-news/1555-ford-... 4 minutes ago
reportonbusiness.com: When it comes to the auto sector, some rides ...
If Washington bails out General Motors, the funds will never be recovered. GM will simply burn through the bailout money and then be back for more, writes Peter Schiff, president of Euro Pacific Capital Inc. The idea that GM will ...http://business.theglobeandmail.com/servlet/story/... 2 hours ago
AUTOCRAZED: The Audacity of Hope
On a Clear Day You Can See General Motors Lucky, if that's what you call it to be Ford! They're Closing Up Faster Than You Can Say Floor-P... Seems to me the beltline is turning into the neckl. ...http://automobilecrazy.blogspot.com/2008/12/audaci... 5 hours ago
UAW agrees to suspend Jobs Bank, postpone VEBA contributions ...
While Ford, General Motors and Chrysler all submitted plans to Congress yesterday that detail how much sacrifice they're willing to make in order to secure government loans, the United Auto Workers union waited until today to announce ...http://www.autoblog.com/2008/12/03/uaw-agrees-to-s... 6 hours ago
Ford says CEO will work for $1 to get government loans by ...
Chrysler LLC and General Motors Corp. have said they are perilously low on cash and need the government loans to survive the recession and the worst auto sales environment in 25 years. GM and Chrysler were to submit their plans to ...http://www.tribalwar.com/forums/showthread.php?t=5... 7 hours ago
UAW to make concessions to win government loans for Big 3 ...
The United Auto Workers will let General Motors delay payments into a trust fund that handles retiree health-care benefits, and the union will likely agree to kill off its controversial jobs bank, a program that pays employees when ...http://blog.cleveland.com/business/2008/12/uaw_to_... 8 hours ago
The Detroit Bailout: Ford Tough - The Plank
General Motors really does seem to be on the verge of collapse. Without some infusion of cash, they won't last far into 2009--if, indeed, they make it to the new year at all. Ford is in better shape. They were the first to take ...http://blogs.tnr.com/tnr/blogs/the_plank/archive/2... 11 hours ago
A Bailout for U.S. Automakers: Join the Great Debate - 2008-11-20 ...
It's great that Chinese companies may want to buy Chrysler or GM. That's how the free enterprise system works... Read More General Motors Scales Back Jets The mighty have fallen!! General Motors (GM) in response to a highly embarrassing ...http://www.designnews.com/article/49304-A_Bailout_... 14 hours ago
CORRECT: U.S. stock futures back to losing ways - MarketWatch
U.S. sales at industry leader General Motors Corp. fell 41 per cent for the second straight month. Chrysler LLC's sales tumbled 47 per cent Toyota Motor Corp., 34 per cent Honda Motor Corp., 32 per cent and Ford Motor Co., ...http://www.marketwatch.com/news/story/us-stock-fut... 15 hours ago
John R. Price: The Automobile Bailout Solution: Unique and Simple
A cursory look at the past relationship between Atlantic Richfield and General Motors and the public transportation of Los Angeles is convincing enough. Even the most casual of observers get the fact that as the Big 3 automakers wean ...http://www.huffingtonpost.com/john-r-price/the-aut... 15 hours ago