Posts by Tag: Big 3 Bailout»

Automotive

General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money
Aug 18, 2010 ΞComments Off on General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money

General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money

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General Motors is moving closer to terminating the term “Government Motors” as they filed plans to go public and begin selling common shares as soon as this Fall. As you  Full Article »

Automotive

American Automotive Bailout: Victory on the Horizon?

American Automotive Bailout: Victory on the Horizon?

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I am no politician, and I doubt I’ll ever intend on attempting to understand politicians because I believe many of them don’t have the sense that God gave a goat.  Full Article »

Automotive

Ford Posts $2.1 Billion Quarterly Profit
Apr 27, 2010 ΞComments Off on Ford Posts $2.1 Billion Quarterly Profit

Ford Posts $2.1 Billion Quarterly Profit

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Ford Motor Co. posted a net income of $2.1 billion in the first quarter of this year which is almost twice as much as projected by analysts. Last year Ford  Full Article »

Automotive

GM Prepping to Announce Closure of Pontiac

GM Prepping to Announce Closure of Pontiac

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Okay, the economic situation was already pretty serious. Now it is really hitting big companies like General Motors, very hard. General Motors is preparing to announce the closure of the  Full Article »

Automotive

President Obama Vows Not to Walk Away From Auto Industry
Feb 25, 2009 ΞComments Off on President Obama Vows Not to Walk Away From Auto Industry

President Obama Vows Not to Walk Away From Auto Industry

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One of the highlights of the delivery that President Obama gave to the joint session of congress was a vow not to walk away from the automotive industry. The tone  Full Article »

Automotive

Big 3 Auto Bailout Rejected in Senate
Dec 12, 2008 ΞComments Off on Big 3 Auto Bailout Rejected in Senate

Big 3 Auto Bailout Rejected in Senate

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Late Thursday the U.S. Senate rejected the emergency bailout bill that would have provided upwards of $14 Billion to the Big 3 Detroit automakers. Many were hopeful of that was  Full Article »

Automotive

Work For $1 a year: Ford CEO Offers to work for $1
Dec 2, 2008 ΞComments Off on Work For $1 a year: Ford CEO Offers to work for $1

Work For $1 a year: Ford CEO Offers to work for $1

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President and CEO of the Ford Motor Co., Alan Mulally, says he will work for $1 a year if they have to take from the government loan money. In addition,  Full Article »

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