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Thread: In the News 8-4-08

  1. #1
    Join Date
    Jun 2004
    Location
    TUJUNGA, CALIFORNIA U.S of A.
    Posts
    4,208

    In the News 8-4-08

    IN TODAY’S ISSUE:

    Page 1 Herndon: VW committed to expanding U.S. market share

    Page 2 Volkswagen labor warns Porsche talks may collapse
    Volkswagen Plans to Sell 18-Month Bonds in Euros, Banker Says

    Page 3 Auto sales sink to 1992 rate

    Page 5 Automakers Race Time as Their Cash Runs Low

    Page 6 Crossovers Disappoint Detroit

    Page 7 GM posts $15.5 billion loss for Q2, third-worst in its history

    Page 8 GM’s really bad news: Its revenue

    Page 9 Crisis at Chrysler: Buyers bail

    Page 10 Chrysler unit gets $24B credit line
    Ford, GM explore joint engines

    Page 11 Speaking of ads, don’t overlook VW

    Page 12 Lawmakers back boost for alternative fuel research

    Page 13 Service survey: Customer satisfaction rises
    Europe’s sports car makers feel endangered

    Page 15 BMW to Cut Production, Raise Prices World-Wide

    Page 16 Tough labor climate isn’t helping state

    Page 17 Ditch the Gas Guzzler? Well, Maybe Not Yet

    Page 18 Nissan gas pedals to push back when drivers floor it
    Attached Files Attached Files
    Some Rulers Are Immortalized In Marble Others,
    In Carbon Fiber.{Hard Core Audi Fan}Ich Fahr Omnibus!
    """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""

  2. #2
    Join Date
    Oct 2004
    Location
    Goshen, IN
    Posts
    3,377
    If things get bad GM can file chapter 11. That's what it's designed for, a lot of businesses are going to be doing this. As long as they stay out of chapter 7 (liquidation) they'll be fine. I hope the companies can figure out what they need to do to get out of this slump.

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