Striking a balance
Tags: BAILOUTS (Finance); BUSINESS failures; EDITORIALS; AUTOMOBILE industry
Related Articles
- Viewpoint. Campbell, John // Orange County Business Journal;1/19/2009, Vol. 32 Issue 3, p51
The author comments on the bailout for the automobile industry in the U.S. by presenting seven myths about the industry. He compares American automobile manufactures with their Japanese counterparts. Furthermore, he notes that major car manufacturers have made management missteps which may have...
- Theatre of the Absurd. Destefani, Jim // Products Finishing;Jan2009, Vol. 73 Issue 4, p6
The author reflects on the idea of a multi-billion dollar bailout for the Detroit Three domestic automakers such as Ford Motor Co., Chrysler Corp. and General Motors Corp. He believes that the deal will be struck to keep the automakers operating for the time being. Moreover, he contends that...
- Bailout Motors? Britain went down that road. Lapham, Edward // Automotive News;11/24/2008, Vol. 83 Issue 6335, p6
The article presents the author's views about the bailouts of automobile industry in Great Britain and the lessons these bailouts are providing to U.S. bailout schemes. The author says that the bailout schemes in Great Britain have not been successful. The author further says that some of...
- Big 3 Bailout... Now What About The Rest? Wells, Anna // Industrial Maintenance & Plant Operation;Jan2009, Vol. 70 Issue 1, p6
The author offers her views about the bailout of the automotive market in the U.S. The author mentions that many people showed concern for the devastation of families and communities and yet still feared that such recompense would only further encourage a nation of people who fail to live within...
- Us vs. Them. Kelly, Kevin M. // Automotive Design & Production;Nov/Dec2009, Vol. 121 Issue 9, p40
The author expresses his views on the need for the government to provide bailouts to the automotive industry in Detroit, Michigan in 2009. He emphasized that the government committed to save the auto industry to prevent the ripple effect on other industries. The author stressed that Americans...
- Government says no to �30m bailout of LDV. Tonkin, Ian // Commercial Motor;2/26/2009, Vol. 209 Issue 5320, p7
The article reports that the British government has ruled out a � 30 million bailout for struggling British van manufacturer LDV. Ministers said there is little prospect of providing the funds if the money is going to be used to pay for LDV's losses. The company is looking to reinvent itself...
- RUNNING ON EMPTY. Murphy, H. Lee // Crain's Chicago Business;12/22/2008, Vol. 31 Issue 51, p2
The article reports that owing to economic downturn many automobile dealers in the U.S. are expected to close their business in next 18 months. It states that such is the impact of the downturn that even the bailout package from Washington won't be enough. From January 1, 2009, Chrysler LLC's...
- Panic in Detroit. Cohn, Jonathan // New Republic;12/3/2008, Vol. 239 Issue 10, p16
The article discusses the bailout proposal being planned for the U.S. automobile industry and considers the economic ramification for the U.S. if the automobile companies declare bankruptcy. The author concedes claims made by the faction that supports bankruptcy, and admits that the automobile...
- Not This Time. Sawyer, Christopher A. // Automotive Design & Production;Oct2008, Vol. 120 Issue 10, p64
The author opposes the proposal to provide as much as $50 billion in taxpayer-supported loan guarantees to automobile manufacturers in the U.S. He argues that automakers in Detroit, Michigan are not the best credit risk at the moment as profits are non-existent. He expresses his belief that loan...
