Ford's light truck sales continue to plummet and now face the additional pressure of GM's new SUVs. |
George David, you've got 14 days left to settle this strike. |
GM appears to agree with us and is now offering buyout packages to its entire workforce. |
GM has spent heavily to advertise these new products, which should spur sales short-term. |
GM should be able to increase the retiree base quite substantially without impairing the plan. |
GM would bleed enormous amounts of cash. We estimate through the first 60 days, GM would hemorrhage $7 billion to $8 billion of cash, the bulk of which is the reversal of its negative working capital position. |
GM, specifically, would bleed enormous amounts of cash. |
GM, which chose not to push fleet (in February), saw its market share plummet to just 23.7 percent. Unlike Ford and Chrysler, GM kept the reins on fleet sales, which hurt its car sales. Car sales fell 13 percent -- after rising 15 percent last month. |
GM's decision to sell its shares in Suzuki may have been accelerated by the arrival of Jerry York. |
GM's decision to sell its shares in Suzuki may have been accelerated by the arrival of Jerry York. Although York was not explicit about the Suzuki equity stake in his January 10th speech, his aim appears to build up a cash hoard necessary to restructure GM. |
He brought in a plan called Plan 91, what the city should look like in 1991, and actually that laid the groundwork for the Outer Ring Road and Pitts Memorial Drive, |
He was a gentleman in the truest sense of the world. |
He's probably more of a mid-round guy. A lot of teams have sort of lukewarm interest in him. |
I can't emphasize enough how important that job is and how the city should fill it right away. |
I don't think there's going to be any major changes. As president, Jonathan was pretty much running all the operations of the company. Scott was working on strategy and longer-term vision. |