By PUMA Pundit on March 9, 2009
Personally, I think that till Obama’s Auto Task Force turns its focus on how to reduce the labor expenses of the Big 3, it is merely putting up a dog and pony show. Overall, GM / Chrysler /Ford need to get to a point where their operating expenses are lower than their revenue so that [...]
Posted in Economy | Tagged american cars, auto task force, barack obama, chevrolet volt, chrysler, dodge ram pickup, ford, general motors, ron bloom, ron gettelfinger, steven rattner, united auto workers, warren truck plant
By PUMA Pundit on January 31, 2009
I have nothing against Brazil or Brazilians, but why are funds which were meant to keep US companies afloat short term being used to invest long term in the economy of another nation? Yeah I am for free trade, and lower production costs, but this is insanity. Latin America Herald Tribune General Motors plans to [...]
Posted in Economy | Tagged bailout, brazil, general motors, gm |
By PUMA Pundit on November 15, 2008
Wait, maybe I am missing something here, but why are tax-payer dollars being used to engage in a hostile take-over of the US auto industry? In an AP article posted on Yahoo News, here is what we are told: House Speaker Nancy Pelosi said Saturday the House would provide aid to the ailing U.S. auto [...]
Posted in Capitol Hill | Tagged auto industry, barack obama, chrysler, ford, general motors, gm, honda, hyundai, Nancy Pelosi, toyota |