GM Bankruptcy – CHECKMATE

[patb]

[quote=HereWeGo]For the Republicans reading who are desperately trying to find new memes after having banished all the thinkers from your party to the hinterlands well north of Alaska, let me give you a little help.

[/quote]

Correction:

Having banished all the GOP Thinkers to the Democratic party.

Where did all those Kansas Dems come from?

Republican moderates who were driven out by the Bible Thumpers.

[tucker…]

bail them out, then they will give jobs to brazil. LET THEM GO BANKRUPT!!!!!!!

http://www.laht.com/article.asp?ArticleId=320909&CategoryId=12396

General Motors to Invest $1 Billion in Brazil Operations — Money to Come from U.S. Rescue Program

By Russ Dallen
Latin American Herald Tribune staff

General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.

According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to “complete the renovation of the line of products up to 2012.”

“It wouldn’t be logical to withdraw the investment from where we’re growing, and our goal is to protect investments in emerging markets,” he said in a statement published by the business daily Gazeta Mercantil.

Meanwhile, he cut the company’s revenue forecast for this year by 14% to $9.5 billion from $11 billion, as the economic crisis began to cause rapid slowdowns in sales.

GM already announced three programs of paid leave, and Ardila added that GM Brazil “is going to wait and see how the market behaves in order to know what decision to take” with regard to possible layoffs.

For Ardila, the injection in Brazil’s automobile sector of 8 billion reais ($3.51 billion) recently announced by the federal and state governments of Sao Paulo “has already begun to revive sales,” which fell by 12% in October.

The executive said that the company will operate a “conservative” scenario in 2009 with an estimated production of 2.6 million units, and another more “optimistic” that contemplates sales of 2.9 million.

This year sales will reach 2.85 million vehicles, which represents a growth of 15% over last year.

Russ Dallen with EFE in Sao Paulo

[tucker…]

bail them out, then they will give jobs to brazil. LET THEM GO BANKRUPT!!!!!!!

http://www.laht.com/article.asp?ArticleId=320909&CategoryId=12396

General Motors to Invest $1 Billion in Brazil Operations — Money to Come from U.S. Rescue Program

By Russ Dallen
Latin American Herald Tribune staff

General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.

According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to “complete the renovation of the line of products up to 2012.”

“It wouldn’t be logical to withdraw the investment from where we’re growing, and our goal is to protect investments in emerging markets,” he said in a statement published by the business daily Gazeta Mercantil.

Meanwhile, he cut the company’s revenue forecast for this year by 14% to $9.5 billion from $11 billion, as the economic crisis began to cause rapid slowdowns in sales.

GM already announced three programs of paid leave, and Ardila added that GM Brazil “is going to wait and see how the market behaves in order to know what decision to take” with regard to possible layoffs.

For Ardila, the injection in Brazil’s automobile sector of 8 billion reais ($3.51 billion) recently announced by the federal and state governments of Sao Paulo “has already begun to revive sales,” which fell by 12% in October.

The executive said that the company will operate a “conservative” scenario in 2009 with an estimated production of 2.6 million units, and another more “optimistic” that contemplates sales of 2.9 million.

This year sales will reach 2.85 million vehicles, which represents a growth of 15% over last year.

Russ Dallen with EFE in Sao Paulo

[tucker…]

bail them out, then they will give jobs to brazil. LET THEM GO BANKRUPT!!!!!!!

http://www.laht.com/article.asp?ArticleId=320909&CategoryId=12396

General Motors to Invest $1 Billion in Brazil Operations — Money to Come from U.S. Rescue Program

By Russ Dallen
Latin American Herald Tribune staff

General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.

According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to “complete the renovation of the line of products up to 2012.”

“It wouldn’t be logical to withdraw the investment from where we’re growing, and our goal is to protect investments in emerging markets,” he said in a statement published by the business daily Gazeta Mercantil.

Meanwhile, he cut the company’s revenue forecast for this year by 14% to $9.5 billion from $11 billion, as the economic crisis began to cause rapid slowdowns in sales.

GM already announced three programs of paid leave, and Ardila added that GM Brazil “is going to wait and see how the market behaves in order to know what decision to take” with regard to possible layoffs.

For Ardila, the injection in Brazil’s automobile sector of 8 billion reais ($3.51 billion) recently announced by the federal and state governments of Sao Paulo “has already begun to revive sales,” which fell by 12% in October.

The executive said that the company will operate a “conservative” scenario in 2009 with an estimated production of 2.6 million units, and another more “optimistic” that contemplates sales of 2.9 million.

This year sales will reach 2.85 million vehicles, which represents a growth of 15% over last year.

Russ Dallen with EFE in Sao Paulo

[tucker…]

bail them out, then they will give jobs to brazil. LET THEM GO BANKRUPT!!!!!!!

http://www.laht.com/article.asp?ArticleId=320909&CategoryId=12396

General Motors to Invest $1 Billion in Brazil Operations — Money to Come from U.S. Rescue Program

By Russ Dallen
Latin American Herald Tribune staff

General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.

According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to “complete the renovation of the line of products up to 2012.”

“It wouldn’t be logical to withdraw the investment from where we’re growing, and our goal is to protect investments in emerging markets,” he said in a statement published by the business daily Gazeta Mercantil.

Meanwhile, he cut the company’s revenue forecast for this year by 14% to $9.5 billion from $11 billion, as the economic crisis began to cause rapid slowdowns in sales.

GM already announced three programs of paid leave, and Ardila added that GM Brazil “is going to wait and see how the market behaves in order to know what decision to take” with regard to possible layoffs.

For Ardila, the injection in Brazil’s automobile sector of 8 billion reais ($3.51 billion) recently announced by the federal and state governments of Sao Paulo “has already begun to revive sales,” which fell by 12% in October.

The executive said that the company will operate a “conservative” scenario in 2009 with an estimated production of 2.6 million units, and another more “optimistic” that contemplates sales of 2.9 million.

This year sales will reach 2.85 million vehicles, which represents a growth of 15% over last year.

Russ Dallen with EFE in Sao Paulo

[tucker…]

bail them out, then they will give jobs to brazil. LET THEM GO BANKRUPT!!!!!!!

http://www.laht.com/article.asp?ArticleId=320909&CategoryId=12396

General Motors to Invest $1 Billion in Brazil Operations — Money to Come from U.S. Rescue Program

By Russ Dallen
Latin American Herald Tribune staff

General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.

According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to “complete the renovation of the line of products up to 2012.”

“It wouldn’t be logical to withdraw the investment from where we’re growing, and our goal is to protect investments in emerging markets,” he said in a statement published by the business daily Gazeta Mercantil.

Meanwhile, he cut the company’s revenue forecast for this year by 14% to $9.5 billion from $11 billion, as the economic crisis began to cause rapid slowdowns in sales.

GM already announced three programs of paid leave, and Ardila added that GM Brazil “is going to wait and see how the market behaves in order to know what decision to take” with regard to possible layoffs.

For Ardila, the injection in Brazil’s automobile sector of 8 billion reais ($3.51 billion) recently announced by the federal and state governments of Sao Paulo “has already begun to revive sales,” which fell by 12% in October.

The executive said that the company will operate a “conservative” scenario in 2009 with an estimated production of 2.6 million units, and another more “optimistic” that contemplates sales of 2.9 million.

This year sales will reach 2.85 million vehicles, which represents a growth of 15% over last year.

Russ Dallen with EFE in Sao Paulo

[ralphfurley]

[quote=DWCAP]
Small car gets 40 mpg. Uses 375 gallons a year
[/quote]
Which small cars get 40mpg? Most of the ones I’ve been looking at get somewhere in the 30s.

[ralphfurley]

[quote=DWCAP]
Small car gets 40 mpg. Uses 375 gallons a year
[/quote]
Which small cars get 40mpg? Most of the ones I’ve been looking at get somewhere in the 30s.

[ralphfurley]

[quote=DWCAP]
Small car gets 40 mpg. Uses 375 gallons a year
[/quote]
Which small cars get 40mpg? Most of the ones I’ve been looking at get somewhere in the 30s.

[ralphfurley]

[quote=DWCAP]
Small car gets 40 mpg. Uses 375 gallons a year
[/quote]
Which small cars get 40mpg? Most of the ones I’ve been looking at get somewhere in the 30s.

[ralphfurley]

[quote=DWCAP]
Small car gets 40 mpg. Uses 375 gallons a year
[/quote]
Which small cars get 40mpg? Most of the ones I’ve been looking at get somewhere in the 30s.

[ralphfurley]

[quote=esmith]
Are you suggesting that GM should stop building Escalades and leave a niche in the market for some reason?[/quote]
Yes. What possible need does anyone have to buy an SUV? Minivans or trucks do just fine. Pick one and stop blocking my view on the freeway.

[ralphfurley]

[quote=esmith]
Are you suggesting that GM should stop building Escalades and leave a niche in the market for some reason?[/quote]
Yes. What possible need does anyone have to buy an SUV? Minivans or trucks do just fine. Pick one and stop blocking my view on the freeway.

[ralphfurley]

[quote=esmith]
Are you suggesting that GM should stop building Escalades and leave a niche in the market for some reason?[/quote]
Yes. What possible need does anyone have to buy an SUV? Minivans or trucks do just fine. Pick one and stop blocking my view on the freeway.

[ralphfurley]

[quote=esmith]
Are you suggesting that GM should stop building Escalades and leave a niche in the market for some reason?[/quote]
Yes. What possible need does anyone have to buy an SUV? Minivans or trucks do just fine. Pick one and stop blocking my view on the freeway.

[Author]

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