GM - GMAC 70: occhi aperti

[Zhelgadis]

Si arriva da qui
GM/Gmac vol 69: verso la totemizzazione degli obbligazionisti...

[Fabrizio67]

Originalmente inviato da Zhelgadis

Si arriva da qui
GM/Gmac vol 69: verso la totemizzazione degli obbligazionisti...

Bellissimo il titolo

[Giringiro]

Cerchiamo di essere costruttivi.

[Zhelgadis]

Azione a 1.08$

[sebonweb]

Originalmente inviato da Fabrizio67

Bellissimo il titolo

La prossima esperienza potrebbe essere quella con i cocomeri...americani...

Anzi, il prossimo tomo, potrebbe intitolarsi: il grande cocomero...

[magallo]

oppure dal cetriolone al popone...

[Giringiro]

ho segnalato questo thread il cui titolo serve solo a creare tensione. complimenti.

[Fabrizio67]

Originalmente inviato da Giringiro

ho segnalato questo thread il cui titolo serve solo a creare tensione. complimenti.

Considerati i Totem precedenti non ci vedo nulla di scandaloso.

[Zhelgadis]

G.M. Notifying 1,100 Dealers That They Will Be Dropped

DETROIT — General Motors is telling about 1,100 dealers on Friday that they will lose their franchises by late next year.
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Unlike Chrysler, which on Thursday released a list of 789 dealers that it was cutting loose, G.M. does not plan to announce publicly the dealers that it no longer wants. G.M. will send the dealers a letter telling them their franchises will not be renewed after October 2010.

“We feel like we will be O.K. but we don’t know,” said Craig Sisk, the owner of Sisk Buick Pontiac in Longview, Tex. “I’m just trying to keep putting as many Buicks and Pontiacs out there as I can to where they feel like we’re one of the ones that they need. We’ve been profitable, so we know we’ve been profitable for General Motors.”

Mr. Sisk, whose brother runs the family’s other G.M. dealership 65 miles away in Mount Pleasant, already knows he will lose Pontiac when G.M. ends the brand next year. He hopes the company lets him continue selling Buicks.

Over all, G.M. plans to eliminate 2,369, or 40 percent, of its 5,969 dealers by the end of 2010. G.M. on Friday revised its number of current stores down from 6,200. In addition to the cuts being revealed Friday, the company expects to shed about 500 dealers that sell only Pontiac, Saturn, Saab or Hummer, the brands it intends to sell off or close. The rest will be achieved through attrition and by consolidating multiple franchises.

“We have said from the beginning that our dealers are not a problem but an asset for General Motors,” Mark LaNeve, G.M. vice president for sale, service and marketing, said in a statement. “However it is imperative that a healthy, viable GM have a healthy, viable dealer body that can not only survive but prosper during cyclical downturns. It is obvious that almost all parts of G.M., including the dealer body, must get smaller and more efficient.”

G.M. and Chrysler say they need drastically fewer dealerships to become more efficient and profitable, and so the remaining dealers can make enough money in what has become a much smaller industry. Even after the cuts, their dealership networks will still be several times larger than those of foreign competitors like Toyota and Honda.

“I think we’re headed to an industry that’s more viable, sustainable and profitable. Clearly consolidation has to be part of that,” said Michael J. Jackson, the chief executive of AutoNation, the largest dealership chain in the United States. AutoNation is losing 7 of its 17 Chrysler franchises and will probably lose some G.M. franchises. “This overcapacity at retail has been there for decades. They’ve tried to deal with it through attrition but we’ve never been able to make that work as an industry.”

The dealerships being cut by G.M. and Chrysler employ about 187,000, the National Automobile Dealers Association estimates, which is more than the number of people who work directly for the two companies. Dealerships are owned independently of the manufacturers and operate through franchise agreements.

Chrysler is asking its bankruptcy judge to terminate the agreements with its unwanted dealers as of about June 9.

G.M., because it has not filed for bankruptcy protection, must wait for its dealer agreements to expire in order to avoid paying hefty buyouts, which it cannot afford. However, many analysts expect G.M. to file for bankruptcy by June 1, the Obama administration’s restructuring deadline, and at that point the company could start trying to cancel franchises and shorten the time frame for the cuts.

As of now, G.M. plans to buy back inventory, parts and specialized tools from the dealers it has deemed “underperforming.” Chrysler has offered to help its castoffs resell their inventory to other stores but says bankruptcy absolves the company of any obligation to take back the 44,000 unsold vehicles filling their lots.

[lawrenceofarabia]

e non capisco perchè esista certa gente che sente il bisogno impellente di fare osservazioni fuori luogo su ***** che non la riguardano