GM vol.63 - Calma e gesso...

[Giringiro]

Veniamo da qui

GM Vol.62 - NO CH 11 !!!

buon proseguimento e in bocca al lupo a tutti noi

[mb1]

Ok!

[Pessimo Elemento]

Originalmente inviato da Giringiro

Veniamo da qui

GM Vol.62 - NO CH 11 !!!

buon proseguimento e in bocca al lupo a tutti noi

Ah... sei tornato in postazione... ma che m.inkia fai tutto il giorno sempre "in giro"... vienimi a dare una mano che devo fare una ventina di metri di muro a secco... che ti fà solo che bene... invece di formicolare...

[Pessimo Elemento]

Per il Generale:

Talvolta l'opzione parallela si rende indispensabile di fronte all'ostinazione di certi soggetti... (sono i c.d. "danni collaterali").

[Giringiro]

Originalmente inviato da Pessimo Elemento

Ah... sei tornato in postazione... ma che m.inkia fai tutto il giorno sempre "in giro"... vienimi a dare una mano che devo fare una ventina di metri di muro a secco... che ti fà solo che bene... invece di formicolare...

oggi sono a casa a curare le mie barbabietole.

domani iniziamo la costruzione del muro a secco

il verbo formicolare non mi si addice. meglio fornicare

[viper71]

INTERVIEW-GM says Q1 Mideast car sales fell but eyes growth
Sun May 3, 2009 4:19pm BST

* GM Mideast sales fell 19 pct in Q1
* Automaker eyes bigger market share with new brands
* Regional president sees 2009 Mideast profit, but lower
* Sees Hummer sale deal soon

By Raissa Kasolowsky

DUBAI, May 3 (Reuters) - General Motors Corp's (GM.N) Middle East sales fell 19 percent in the first quarter as customers struggled to secure car loans due to tighter lending restrictions at banks, GM's regional president said on Sunday,

Yet, while General Motors could face bankruptcy in the United States, its regional operation plans to introduce new car brands this year to help boost market share from about 13 percent now, said Mike Devereux, president of GM Middle East Operations.

"There are a lot of people who walk into showrooms who aren't able to buy because they can't get financing," Devereux told Reuters in an interview.

Overall auto sales in the region fell 21 percent in the first three months of the year compared with the year-earlier period, General Motors said, citing data compiled by a group of major car manufacturers that operate in the region.

"The availability of banks to lend our distributors money and the consumer money continues to be an area of concern for us. However, and we've been saying this for four or five weeks now, we're seeing signs of that easing," Devereux said.

The U.S. automaker has been working with banks in the Middle East to help consumers secure access to car loans, by for instance assisting with down payments of up to 15,000 dirhams ($4,084), he said.

"We will be profitable this year too, but much less so than last year," Devereux said. GM sold 144,485 units in the region last year.

NEW MODELS

Devereux said restructuring of GM in the United States, where the automaker is surviving on $15.4 billion of government loans it received since the start of the year, would not stand in the way of regional expansion.

GM, which last week reported a 34-percent decline in April U.S. auto sales, could file for bankruptcy if bondholders do not accept a debt-for-equity exchange offer that would give them 10-percent ownership of a restructured automaker. [ID:nN27530348]

"We are matching our expenditure and revenues here to what the business conditions in the Middle East are. Our focus is not on the United States," Devereux said. The automaker had laid off 12 people, or around 10 percent of its Middle East staff, in February

GM planned to introduce a number of models to the region this year, including the Chevrolet Cruze in the next two to three months, the Chevrolet Malibu in the third or fourth quarter, and the GMC Terrain in the fourth quarter, he said.

It would also launch the Chevrolet Camaro within 10 days.

"Our market share is stable and we see it growing on the back of product launches," Devereux said. He said market share stood at 12 to 13.5 percent in the Middle East, which includes Gulf Arab oil exporters, Syria, Yemen, Lebanon, Iraq and Jordan.

GM, meanwhile, expected to conclude talks soon to sell its Hummer brand, he said. Gulf Arab investors had previously expressed interest in Hummer.

"There are a number of very, very interested parties in the Hummer brand, and it's likely we will conclude negotiations with one of them in the near future," said Devereux, who is not involved in the talks and said he did not know the identity of the investors.

"The Hummer brand is extremely valuable brand, particularly for this part of the world, because people like to go off-roading," he said.

In March, Abu Dhabi's International Petroleum Investment Company bought a 9.1 percent stake in Daimler AG (DAIGn.DE). ($1=3.673 dirhams) (Editing by Daliah Merzaban and Hans Peters)

[viper71]

The clock begins to run on Chrysler's future
BY JUSTIN HYDE • FREE PRESS WASHINGTON STAFF • May 4, 2009

NEW YORK -- Chrysler’s attorneys will launch the key argument in the company’s historic bankruptcy case this morning, contending that a sale of the company to a new partnership with Fiat S.p.A. in a matter of days is the only path for survival.
Advertisement

In motions filed Sunday, the automaker laid out their plans for completing the complex deal in 60 days or less, warning that several key parts of the transaction would fall apart – including the U.S. and Canadian government’s backing to keep Chrysler alive during bankruptcy – if there’s any delay.

Under the deal, Fiat will get 20% of Chrysler, along with the right to boost its stake to 51% once it pays back all government loans. The UAW retiree health-care trust fund will own 55%, and the U.S. and Canadian governments will hold the remainder.

Chrysler will use a $4.5-billion loan from the two governments to survive the bankruptcy case. With all of its plants shuttered as of today and no incoming revenues, the company still has to pay key suppliers and dealer sales incentives.

“Even with the help of the U.S. and Canadian governments, the Debtors (Chrysler) can sustain that support for only a short period of time,” Chrysler’s attorneys said in the filing. “When that period expires, so does Chrysler.”

Once it emerges, Chrysler will get an additional $6 billion in loans from the two governments.

Chrysler will ask U.S. Bankruptcy Judge Arthur Gonzalez today to approve a motion setting out the method for selling most of the company’s assets to a Chrysler-Fiat venture. Known as a Section 363 sale, the deal will see most of Chrysler’s assets – excluding eight U.S. plants and some liabilities – transferred to the new company in return for $2 billion to pay some of the old company’s liabilities.

With the U.S. and Canadian governments acting as the only source of cash for the deal, Chrysler argues that the judge could begin hearing arguments to confirm the sale by May 21.

In addition to the short window of government backing, other parts of the deal require quick action by the bankruptcy court. The sale agreement between Fiat and Chrysler can be canceled if the deal isn’t closed by June 15, a deadline that can be extended a month for regulatory hurdles. GMAC, which will take over lending to back Chrysler’s customers and dealers as part of the case, can withdraw from its pledge by May 16 if the process for completing the sale hasn’t moved forward.

[saverio1973]

04.05 14:46 *Fiat: Min.Eco.Germania, GM ha aperto data room per divisione Europa MF Dow Jones
04.05 14:46 *Fiat: Min.Eco.Germania, importante salvaguardare lavoratori Opel MF Dow Jones
04.05 14:44 *Fiat: Min.Eco.Germania, esamineremo piano per Opel MF Dow Jones
04.05 14:44 *Fiat: Min.Eco.Germania, Marchionne ha fornito dettagli per Opel MF Dow Jones
04.05 14:43 *Fiat: Min.Eco.Germania, incontro con Marchionne interessante MF Dow Jones

[saverio1973]

04.05 14:52 *Fiat: alza offerta per Opel a 1 mld euro (DJ) MF Dow Jones
04.05 14:47 *Fiat: Min.Eco.Germania, prevede mantenere impianti e sede Opel in Germania

[matteotosi1985]

mi sembra che i BH facciano bene a cercare di prendere il giusto

mi sembra lampante che un debito di 28 miliardi non possa avere una percentuale di proprietà del 10% e un prestito di 13 una percentuale del 50

anche i sindacati hanno ricevuto troppo

credo che se andranno un po' più incontro ai BH tutto si risolverà per il meglio