July 22, 2009 | fleetvrcg | Auto Industry
I have friends that have lost their dealships to defacto “nationalization” of the auto industry in the US. They’ll collectively lose millions of dollars in this “transition” of the industry. Yet, Washington continues to dither about the issue. Below is an article that describes some of the two-faced approaches our elected officials take on this […]
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June 10, 2009 | fleetvrcg | Auto Industry
……..can stand in the way of what the US Government wants for the auto industry…. I’ll be darned: http://money.cnn.com/2009/06/10/news/companies/chrysler_fiat/index.htm ………..the Fiat/Chrysler deal is done. Do you think Bob Nardelli can get out of town fast enough?
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May 5, 2009 | fleetvrcg | Auto Industry
This is very well put, and succinctly defines (from one view point…) how an absence of energy policies indirectly (and last summer, directly…) helped put the domestic manufacturers’ between a rock and a hard place. http://dealersedge.com/ME2/dirmod.asp?sid=&nm=&type=news&mod=News&mid=9A02E3B96F2A415ABC72CB5F516B4C10&tier=3&nid=A456A006250B4327BF3A7B458211EB0B
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April 24, 2009 | fleetvrcg | Auto Industry
….and now it looks like reality is now upon us. Fabled companies like Chrysler and GM look like they’ll be lining up in bankruptcy court fairly soon. What was unthinkable even 18 months ago looks inevitable now. Reminds me of an old Doobie Brothers phrase, “What once were vices are now habits”. Read on: http://money.cnn.com/2009/04/23/news/companies/chrysler_deadline/index.htm?postversion=2009042406
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April 24, 2009 | fleetvrcg | Auto Industry
….but, welcome to the world of manufacturing automobiles in North America. Read about the Ford Motor Company’s financial results. http://money.cnn.com/2009/04/24/news/companies/ford_results/index.htm?postversion=2009042408
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March 30, 2009 | fleetvrcg | Auto Industry
The US Government has done a wonderful job, long term, with Social Security, entitlement programs, the banking industry, the home lending industry, agricultural safety programs (thrown out your peanut butter recently?), fuel savings programs (remember the 55 MPH speed limit? It’ll be back soon, along with traffic cameras to capture you more efficiently…), AMTRAK (don’t […]
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March 25, 2009 | fleetvrcg | Auto Industry
Do you think $15,000.00 or so for a used car is “cheap”? Read on about the Tata Nano, now on sale in India… http://www.time.com/time/world/article/0,8599,1887070,00.html Interesting thing about the Tata Company….they are involved in many businesses, from tea to TV. They also own Jaguar (which has its own set of problems…), and when the CEO of […]
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March 20, 2009 | fleetvrcg | Auto Industry
I live in the Detroit area, and I’ve been hearing about the Chevy Volt for a couple of years. Never seen one yet, though. I’ve also been hearing and reading about the new Chevy Camaro for getting on four years now, and they are just now showing up in dealers around town….it takes four years […]
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March 19, 2009 | fleetvrcg | Auto Industry
Little recognized in all this auto manufacturer mess is the huge underlying role, and now shaky foundation, that the supplier base has for the auto industry in the United States. It doesn’t matter if the manufacturer is “domestic” or “foreign” (whatever that really means any more…) – if the supplier base starts to fail, there […]
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March 12, 2009 | fleetvrcg | Auto Industry
Personally, I’d rather see “GM Sales Skyrocket”, or, “GM To Announce New Hybrid Available for Sale on Friday”, or even “GM to Announce Stock Buyback”, but, in the absence of news like that, you can read about some “little pinky” good news…. http://money.cnn.com/2009/03/12/news/companies/gm_cash/index.htm?postversion=2009031213
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