Still one-quarter owned by the voters,
Has seized on the chance
Of expanding its plants
With the market it took from Toyoters.
Those who recall when, just two years ago, GM was rescued from certain death by a $50 billion taxpayer bailout, must be pleasantly surprised at the automaker's recent developments. Having increased its domestic market share from 18.7% to 19.6% over the last year, a newly profitable GM is investing $2 billion in US factories and creating or saving 4,000 American jobs. There's a catch: the new factory jobs, at an hourly wage of $14, pay half the going rate of existing jobs and add to the pressure on UAW president Bob King to take back some of the concessions made during the crisis.
Posts
Wow. A whopping 0.9% increase in total market share. Impressive.
ReplyDeleteIf someone essentially wiped out my debt and screwed my bondholders, I could do a lot better than that.
It's Ford or Foreign for me for the rest of my life.
...or Forgo Driving?
ReplyDeleteActually, in the glacial landscape of the auto business, 1% movement in one year is significant: http://online.wsj.com/mdc/public/page/2_3022-autosales.html#autosalesD
LOL! Good one!
ReplyDeleteThe place of entrepreneurial competence in any business can't be over stressed. There are some basic entrepreneurial competences that an individual entrepreneur must have and practice with consistency to ensure successful business. Some of these competences include financial management, communication, time management, human resources management competence etc. Upcoming Local Business Events
ReplyDeleteWhere is your small business at now? Do you have a charted plan? Do you get great advise? This article highlights 10 points that will assist the small business mindset of each and every business owner that reads it. Branding Agency
ReplyDeleteToday's world is filled with business identity thieves and con artists who are very clever, fast and determined to quickly take advantage of people who owns businesses but do not ensure necessary precaution have been put in place to protect their businesses. Identity theft has been labeled as a crime that affects many people each and every year. やまとなでしこ,口コミ,効果
ReplyDeleteThanks for the article.Much thanks again. Keep writing. backlink
ReplyDelete
ReplyDeleteGreat article post.Much thanks again. Will read on... SEO
Congratulations! You have taken the first big step to becoming your own boss and going out on your own. You know your industry, how to build a brand and are very creative about the details of certain business affairs. However, many first time small business owner's fall short of putting systems into place to get the business moving in the right direction from the gate. This is where the smart business owner will save time, money and avoid inevitable pitfalls that plague many entrepreneurs the first time out by hiring a business coach. how
ReplyDeleteThe place of entrepreneurial competence in any business can't be over stressed. There are some basic entrepreneurial competences that an individual entrepreneur must have and practice with consistency to ensure successful business. Some of these competences include financial management, communication, time management, human resources management competence etc. Inked Girl Reviews
ReplyDeleteMany business owners are burned out, stressed, bored with their business, and ready to move on. Do you recognize any of these 9 common signs that it's time to sell your business? Do you have a comprehensive exit strategy in place to help you if and when you DO decide to sell? In this article, a well-known business acquisition expert tells you what to watch out for when you think you might be ready to sell your business. best mlm to join
ReplyDeleteIf your business is doing well in this competitive market, congratulations! You must be doing something right. The question is, is business as good as it could be? A good way to test that theory is to bring in some outside business counsel to scan the landscape and see if there is more you could do to expand and grow even more. top rated mlm
ReplyDelete