Why is the Automotive Supply Chain Failing?
The Detroit Free Press recently ran a story that captures the
two essential reasons why more automotive suppliers will fail in 2010,
despite a forecasted upswing in the market. According to the story, the fundamental challenges
are twofold: …
Three Card Monty at GM
I read this and shook my head in amazement at the limited financial acumen of reporters covering business.
General Motors, encouraged by its improving financial situation, could repay all of its $6.7 billion in loans from U.S. taxpayers by the end of next June, the company’s top executive said Monday.[From With $42B, GM moves […]
