Showing posts with label turnarounds. Show all posts
Showing posts with label turnarounds. Show all posts
Monday, June 22, 2009
Old car reduction incentive
The incentives proposed could be a win -win for the auto industry and the taxpayer-by providing a stimulus to reduce the estimated 2 year new car inventory. PR
Monday, June 30, 2008
high debt - high energy costs -can GM make it?
GM Shares Plunge to 53-Year Low
Troubles Deepen
As Investors Worry
About Liquidity
By JOHN D. STOLL and SERENA NG
June 27, 2008; Page B3
General Motors Corp.'s shares sank to a 53-year low Thursday on concerns about liquidity, equity dilution and a potential dividend cut, heightening speculation that the auto maker doesn't have enough cash to finance its turnaround.
GM stock fell $1.38, or 11%, to $11.43 in 4 p.m. composite trading on the New York Stock Exchange. In intraday trading, the shares slipped as low as $11.21. That was their lowest point since 1955, according to Reuters, when GM was making cars with tail fins and Dwight Eisenhower was president.
Troubles Deepen
As Investors Worry
About Liquidity
By JOHN D. STOLL and SERENA NG
June 27, 2008; Page B3
General Motors Corp.'s shares sank to a 53-year low Thursday on concerns about liquidity, equity dilution and a potential dividend cut, heightening speculation that the auto maker doesn't have enough cash to finance its turnaround.
GM stock fell $1.38, or 11%, to $11.43 in 4 p.m. composite trading on the New York Stock Exchange. In intraday trading, the shares slipped as low as $11.21. That was their lowest point since 1955, according to Reuters, when GM was making cars with tail fins and Dwight Eisenhower was president.
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