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 […]
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
It’s snowing here, but, at least we can THINK of spring coming soon! Please click below to read a nice little article about the drag car we sponsor…. http://www.hometownlife.com/apps/pbcs.dll/article?AID=/200903010650/NEWS03/903010513
Looks like Ford is the first domestic auto company to really nail down a health care deal. Let’s hope there’s more good news in the offing! http://money.cnn.com/2009/02/23/news/companies/ford_union_deal.reut/index.htm?postversion=2009022310
An interesting read on how the downturn has negatively impacted the decades-old symbiotic relationship between auto manufacturers and their supplier base. Read on: http://money.cnn.com/2009/02/11/autos/detroit_crisis.fortune/index.htm?postversion=2009021113
Looks like the car world is going to lose an Industry Lion… http://money.cnn.com/2009/02/09/autos/gm_lutz.reut/index.htm?postversion=2009020911
Interesting article below about continued drop in new car sales, with some comments from our friends in the car rental world. This summer, as Rich Broome from Hertz notes, should be interesting. http://money.cnn.com/2009/02/02/news/companies/auto_sales_outlook/index.htm?postversion=2009020211
Good article here about how deep ties into the general economy the auto manufacturing business reaches: http://money.cnn.com/2009/01/23/smallbusiness/detroits_small_suppliers.smb/index.htm?postversion=2009012310
Even with all the gloom in the car business, the Detroit Auto Show goes on! CNN/Money has a good series of photos taken of new vehicles at the show, but the Chrysler 200C is especially cool….. http://money.cnn.com/galleries/2009/autos/0901/gallery.2009_detroit_auto_show/6.html
Encouraging article about which domestic cars to buy….a bit of good news in a sea of somewhat dreary news…. http://money.cnn.com/2009/01/02/autos/trying_times/index.htm?postversion=2009010215 Let’s hope 2009 starts off better than 2008 ended….although we are seeing signs of stirring among our rental car and auto dealer friends and partners. Happy New Year! Mike and Gang
