Summit Notebook

Audio – Timing is everything … and cash is king

September 16, 2008

ron1.jpgUnited Auto Workers head Ron Gettelfinger knows that a bird in hand is far better than one flying around with a bunch of promise.

Audio – To lease or not to lease, that is the question

September 15, 2008

york1.jpgWith apologies to the Bard, that is one of the key questions that U.S. automakers are asking themselves now.

Audio – Three?

September 15, 2008

stallkamp1.jpgThe Big Three.

Remember when GM, Ford and Chrysler carried around that nickname with pride?

Then, a few years ago, we noticed some of the automotive folks we know starting to call the three companes “The Detroit Three”. Still an impressive title. Detroit’s a big city and they make a lot of cars.

Audio – Feeling for a bottom

September 15, 2008

henderson1.jpgIt can’t get any worse.

Right?

Automotive executives and investors would love to have the answer to that question, but they just aren’t there yet.

Audio – The hits just keep on coming in 2008!

September 15, 2008

henderson2.jpgIt’s not like 2008 has been a dance around the maypole.

Fritz Henderson, chief operating officer of General Motors Co, said on Monday at the Reuters Autos Summit that the events of this past weekend — with the collapse of Lehman Brothers and sale of Merrill Lynch are just another things making a tough year worse for struggling U.S. automakers.

Audio – No parades yet for Ford’s CEO

September 15, 2008

mulally2.jpgIn a week where the U.S. financial system has been thrown for an enormous loop, Ford Motor Co Chief Executive Alan Mulally warned that it will be some time before the U.S. consumer feels free to spend, spend, spend.

Audio – Looking ahead with Ford

September 15, 2008

Ford Motor Co Chief Executive Alan Mulally found himself in a rather strange situation this week.

Video – Car makers speed into Russia

September 15, 2008

U.S. and Asian automakers are rushing to lure Russian consumers to offset declining sales in the U.S., Europe and Asia.

Ask a Car Maker …

September 12, 2008

 

The U.S. autos sector has hit a wall like some kind of crash test dummy – record gas prices, rising supply costs and sales hitting a 15-year low. Can car makers ride it out?

Inflation in Argentina worries Toyota

April 3, 2008

toyota-argentina.jpgHigh inflation in Argentina is “worrying” Toyota’s local unit but the company is optimistic that concerns over energy shortages will ease in the medium term, said the firm’s president.