One of GM's (GM) viability plans - due Tuesday - include assimilating all of its viable assets into a new company, and selling the undesirables under the protection of bankruptcy court. Alternatively, GM could ask for more aid. (WSJ) [View news story]
The Auto Union has been the culprit from the beginning - whatever it takes, get them OUT OF THE PICTURE ENTIRELY. then reduce the line to Chevrolet, Cadillac and GMC. Rebadge other models you want to keep and watchout for the now non-union members and sabotage on the lines
Evidence That Big Inflation Is Coming [View article]
Your comment -- "When a central bank doubles the monetary base in a matter of months, a lot more money is going to be flooding into the real economy. It will compete for finite goods, services, and investments, driving up prices" -- doesn't this instance send a message to manufacturers and service providers to rehire and crank up production to satisfy demand, thereby correcting the problem?? What am I missing?
Disaster? Not really, I can hear the excitement in the replacement parts industry and the auto repair shops as they prepare to expand their facilities and prepare for the swarm of new customers (at realistic prices) as the giants (small g) collapse. Their customers WILL be pleased.
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Latest | Highest ratedOne of GM's (GM) viability plans - due Tuesday - include assimilating all of its viable assets into a new company, and selling the undesirables under the protection of bankruptcy court. Alternatively, GM could ask for more aid. (WSJ) [View news story]
Evidence That Big Inflation Is Coming [View article]
Six Myths about the Big Three [View article]