The News Review:
- Auto sales outlook: Running on empty
- Detroit’s North American International Auto Show changes subject …
- Sector Snap: Auto stocks rise
- Preview: 2010 Buick LaCrosse world debut at Detroit Auto Show …
- GM CE ‘confident’ of winning UAW concessions
- Forget auto bailout – buy American
Auto sales outlook: Running on empty
CNN
No matter what further concessions the United Auto Workers union makes what debt relief the automakers win in talks with creditors and what kind of additional federal help is made available U. consumers have to start buying cars again. And a rebound in sales will be difficult if not impossible to come by for General Motors (.
Detroit’s North American International Auto Show changes subject …
MLive.com MI
Forget miserable sales figures. The North American International Auto Show will give the Detroit Three and other manufacturers the opportunity to briefly change the subject from bailouts and economic uncertainty to new products and technologies. From a macroeconomic standpoint analysts and observers say there isn’t much the automobile companies displaying metal at the show can do to counteract the larger forces roiling the industry.
Related from Advertisingmonster: FRM ADVERTISING SECTIN
Sector Snap: Auto stocks rise
Forbes NY
“At this point the stage appears to be set for a weak start to 2009 which is the consensus and is already reflected in our numbers” Lache wrote in a note to investors. Lache said investors should be looking for signs that the industry may be recovering from the continued global downturn and indications that the automakers’ financial restructurings will be successful. He also warned that the financial woes of the auto suppliers could cause problems for the automakers. Comment n This Story”We’re uncertain as to whether the industry will be able to maintain the integrity of its supply chain through the massive declines in global production that we’re expecting in first half 2009″ Lache said.
Preview: 2010 Buick LaCrosse world debut at Detroit Auto Show …
Examiner.com
Buick wants to “attract a whole new buyer. We’ve heard that one before. As of late all the General Motors division gets are the old ones not so much as repeats but old personally.
GM CE ‘confident’ of winning UAW concessions
Reuters
4 billion federal bailout. “I’m confident that we’ll be able to get the kinds ofchanges we’ll need” Wagoner told NBC’s Matt Lauer in aninterview for the “Today” show broadcast live from Detroit. GM and UAW officials are to meet on Monday in talks aimedat key changes in the union’s 2007 contract. GM has received $4 billion from the U.
Forget auto bailout – buy American
San Francisco Chronicle USA
I travel frequently to bastions of progressive thinking – Boston Los Angeles New York San Francisco and Washington. From what I can tell there is a lot higher percentage of BMWs Lexuses Mercedes Toyotas and Volvos on the road in these places than what I see in Fresno Lansing and Salt Lake City. If you wish to subsidize with taxpayer funds money-losing union-produced American-made auto-manufacturing then please buy more Chevys and Fords that now get as good gas mileage as their foreign competitors. The American gospel today is “stimulus” – a euphemism for printing more money. The latest round started with the financial meltdown in September when the government decided to guarantee the solvency of banks and financial firms and offer some loans to a troubled industry to jumpstart a stalled economy. But in the last few months the conventional wisdom has morphed into “Go big!” and provide trillions of dollars for “infrastructure investment” more government programs relief of consumer and mortgage debt and aid to all sorts of weak industries. Lost among the hysteria is the fact that all sorts of stimuli have already been in the works.