Comments on: GM, Ford, and Chrysler Chiefs Push for Action in Washington as Congress Debates Another Bailout http://www.moneymorning.com/2008/11/19/detroit-bailout/ Investment News Provider Thu, 19 Nov 2009 15:36:16 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Hot Stocks: Canadian Ford Dealer Offers Ford Shares to Buyers of Ford Vehicles http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-13776 Hot Stocks: Canadian Ford Dealer Offers Ford Shares to Buyers of Ford Vehicles Mon, 29 Dec 2008 16:39:56 +0000 http://www.moneymorning.com/?p=3354#comment-13776 [...] Money Morning: GM, Ford, and Chrysler Chiefs Push for Action in Washington as Congress Debates Another Bailout. [...] [...] Money Morning: GM, Ford, and Chrysler Chiefs Push for Action in Washington as Congress Debates Another Bailout. [...]

]]> By: Buy, Sell or Hold Insight: GM Remains a High Risk Profit Play – Even as it Files its Turnaround Plan Today http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-13387 Buy, Sell or Hold Insight: GM Remains a High Risk Profit Play – Even as it Files its Turnaround Plan Today Wed, 17 Dec 2008 16:04:33 +0000 http://www.moneymorning.com/?p=3354#comment-13387 [...] Money Morning: GM, Ford, and Chrysler Chiefs Push for Action in Washington as Congress Debates Another Bailout. [...] [...] Money Morning: GM, Ford, and Chrysler Chiefs Push for Action in Washington as Congress Debates Another Bailout. [...]

]]> By: Jutia Group - Market Jitters & Political Critters http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-13110 Jutia Group - Market Jitters & Political Critters Thu, 11 Dec 2008 18:34:09 +0000 http://www.moneymorning.com/?p=3354#comment-13110 [...] That’s why it’s not accurate to assume bailout opponents share the same opinions on the bailout as foreign automakers. As Money Morning previously reported, it’s more than just Big Three employees on the line. [...] [...] That’s why it’s not accurate to assume bailout opponents share the same opinions on the bailout as foreign automakers. As Money Morning previously reported, it’s more than just Big Three employees on the line. [...]

]]> By: Auto Bailout Awaits Congressional Approval with Millions of Jobs at Stake http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-13077 Auto Bailout Awaits Congressional Approval with Millions of Jobs at Stake Thu, 11 Dec 2008 09:25:57 +0000 http://www.moneymorning.com/?p=3354#comment-13077 [...] That’s why it’s not accurate to assume bailout opponents share the same opinions on the bailout as foreign automakers. As Money Morning previously reported, it’s more than just Big Three employees on the line. [...] [...] That’s why it’s not accurate to assume bailout opponents share the same opinions on the bailout as foreign automakers. As Money Morning previously reported, it’s more than just Big Three employees on the line. [...]

]]> By: GM Taking Swift Cost-Cutting Action http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-12436 GM Taking Swift Cost-Cutting Action Mon, 24 Nov 2008 19:51:10 +0000 http://www.moneymorning.com/?p=3354#comment-12436 [...] Money Morning: GM, Ford, and Chrysler Chiefs Push for Action in Washington as Congress Debates Another Bailout [...] [...] Money Morning: GM, Ford, and Chrysler Chiefs Push for Action in Washington as Congress Debates Another Bailout [...]

]]> By: Jutia Group - Market Jitters & Political Critters http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-12303 Jutia Group - Market Jitters & Political Critters Thu, 20 Nov 2008 15:02:06 +0000 http://www.moneymorning.com/?p=3354#comment-12303 [...] Jason Simpkins Money Morning addthis_pub = 'jutiagroup'; addthis_logo = 'http://www.jutiagroup.com/favicon.ico'; addthis_brand [...] [...] Jason Simpkins Money Morning addthis_pub = ‘jutiagroup’; addthis_logo = ‘http://www.jutiagroup.com/favicon.ico’; addthis_brand [...]

]]> By: Searcher http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-12278 Searcher Wed, 19 Nov 2008 19:24:47 +0000 http://www.moneymorning.com/?p=3354#comment-12278 Detroit has no need of resources to research fuel efficient personal transportation. They have it in house or readily available through alliances. They need the money for accelerating development and tooling and production. They need the will to serve the market rather than chasing illusory high profit margined vehicles. They need their cost structure (pensions and medical plans) rationalized. They will end up being owned by the 'govmit' and the labor force. Their equity is shot. They need a de facto prepackaged Chapter 11 (coerced, or otherwise) with labor taking a haircut on very generous and onerous benefits. If the market can be persuaded to recapitalize them and take them off the hands of the new 'owners', the sooner the better. Detroit has no need of resources to research fuel efficient personal transportation. They have it in house or readily available through alliances. They need the money for accelerating development and tooling and production. They need the will to serve the market rather than chasing illusory high profit margined vehicles. They need their cost structure (pensions and medical plans) rationalized. They will end up being owned by the ‘govmit’ and the labor force. Their equity is shot. They need a de facto prepackaged Chapter 11 (coerced, or otherwise) with labor taking a haircut on very generous and onerous benefits. If the market can be persuaded to recapitalize them and take them off the hands of the new ‘owners’, the sooner the better.

]]> By: Jason http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-12259 Jason Wed, 19 Nov 2008 13:25:48 +0000 http://www.moneymorning.com/?p=3354#comment-12259 The UAW needs a little tough love. It derailed the Cerberus deal at Delphi. Today GM suffers a loss of about $2,000 per vehicle sold. On the other hand Toyota whose employees are not part of the UAW earns a profit of about $1,200 per vehicle sold. If GM was able to operate with labor prices near Toyota’s it would have pocketed an additional $29,715,200,000. http://nomedals.blogspot.com/2008/11/gm-bailout-makes-no-sense.html The UAW needs a little tough love. It derailed the Cerberus deal at Delphi. Today GM suffers a loss of about $2,000 per vehicle sold. On the other hand Toyota whose employees are not part of the UAW earns a profit of about $1,200 per vehicle sold. If GM was able to operate with labor prices near Toyota’s it would have pocketed an additional $29,715,200,000.

http://nomedals.blogspot.com/2008/11/gm-bailout-makes-no-sense.html

]]> By: » GM, Ford, and Chrysler Chiefs Push for Action in Washington as … White House On Best Political Blogs: News And Info On White House http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-12255 » GM, Ford, and Chrysler Chiefs Push for Action in Washington as … White House On Best Political Blogs: News And Info On White House Wed, 19 Nov 2008 11:24:13 +0000 http://www.moneymorning.com/?p=3354#comment-12255 [...] Push for Action in Washington as … Posted in November 19th, 2008 by in Uncategorized GM, Ford, and Chrysler Chiefs Push for Action in Washington as … “We want the automakers to succeed and we support using an existing program to help them do [...] [...] Push for Action in Washington as … Posted in November 19th, 2008 by in Uncategorized GM, Ford, and Chrysler Chiefs Push for Action in Washington as … “We want the automakers to succeed and we support using an existing program to help them do [...]

]]> By: Whitehouse On Best Political Blogs » GM, Ford, and Chrysler Chiefs Push for Action in Washington as … http://www.moneymorning.com/2008/11/19/detroit-bailout/comment-page-1/#comment-12254 Whitehouse On Best Political Blogs » GM, Ford, and Chrysler Chiefs Push for Action in Washington as … Wed, 19 Nov 2008 11:19:21 +0000 http://www.moneymorning.com/?p=3354#comment-12254 [...] GM, Ford, and Chrysler Chiefs Push for Action in Washington as … “We want the automakers to succeed and we support using an existing program to help them do so,” said White House spokeswoman Dana Perino. “There’s not an appetite in Congress, or in the administration, to open up the… funding for … [...] [...] GM, Ford, and Chrysler Chiefs Push for Action in Washington as … “We want the automakers to succeed and we support using an existing program to help them do so,” said White House spokeswoman Dana Perino. “There’s not an appetite in Congress, or in the administration, to open up the… funding for … [...]

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