Can Hank Paulson Use TARP Funds To Bail Out Auto-Makers?

So just in case you’ve been living in a cave this week, Congress is struggling to figure out how to bailout the big three automakers ... have significant financial service companies. For example, Ford has Ford Motor Credit. GM owns GMAC [more...]

Date: 2008-12-13 19:55:45

Blog posts (138) | Videos (146)
 

A loophole wide enough to drive a GMC truck though

The Bush administration’s outline of its automaker bailout package lists some seemingly sensible changes in labor practices that GM and Chrysler need to make. (Ford, to its credit, is seeking private financing instead.) Targets: The terms ... of Congressional negotiations but did not come to a vote, including: Reduce debts by 2/3 via a debt [more...]

Date: 2008-12-19 16:41:00

Auto Sales Collapse, GM At 49 Year Low

It was a grim December across the board for Automakers as GM’s 2008 U.S. Sales Plummet to 49-Year Low; Toyota, Honda Fall.General Motors Corp ... t overcome the weight of consumer pessimism and tight credit in the world’s biggest auto market. Ford’ ... percent, Ford Motor Co. fell 32 percent and Nissan Motor Co. was down 31 percent, pointing toward [more...]

Date: 2009-01-05 19:27:00

On January 5

On this day in ...... 1914(95 years ago today), Henry Ford announced what the New York Times called " ... available at the Ford Motor Co. These days Ford executives are bidding for a federal bailout. (credit for 1914 photo of employees painting a new Ford on the assembly line)... 1943, amid World War II [more...]

Date: 2009-01-05 11:01:00

Work from home, in your ute

The first few in-car PCs are surfacing in Australia but the US is way ahead, with Ford offering it as an option in its F-150 ute range ... with no view (Credit: Ford) The remote PC access product LogMeIn is getting into trucks. A branded version of the software, "LogMeIn for Ford Work Solutions", will be included in the new F-150 trucks [more...]

Date: 2009-01-15 04:57:01

Is this the scoring for the BG/Kent game or my retirement fund?

Stats by StatSheet.comKent just put a plain, old-school style whupping on the Falcons last night ... , though...."We weren't locking them down at the tune of blowing them out," Flashes coach Gino Ford ... of credit for that, but they just had a tough night shooting it and that's not going to happen often [more...]

Date: 2009-01-15 15:47:00

Auto Bonds, Stocks Gain on GMAC Deal

In a quiet day for the markets, the U.S. government’s decision to throw a lifeline to the financing arm of General Motors has reduced the ... Partners. Similarly, Ford Motor Credit Corp.’s insurance protection is at $2.15 million, compared ... cost of insuring those bonds against default. The credit-default swaps of General Motors [more...]

Date: 2008-12-30 09:13:00

Why Video Will Be So Important in 2009

One of the principles that Web 2.0 affords us all is that, thanks to the ease of self-publishing, ... credit: Ford Motor Company ... . This became pretty clear to me today, when we made an announcement at Ford that we're launching a new [more...]

Date: 2008-12-30 23:24:33

CARDIN BACKS BAILOUT OF US AUTO INDUSTRY

From the Office of Ben CardinThank you for contacting me about ongoing efforts in Congress to aid the ailing U.S. automotive industry ... of credit to General Motors, Chrysler, and Ford to help them continue to operate in the near term ... .Although the decline in the U.S. market share held by General Motors, Chrysler and Ford began many [more...]

Date: 2009-01-13 13:36:00

Buying the Auto Industry when Everyone’s Selling

Now is not the time to be in the car business. As the stock market plunged in October, car sales followed suit ... the heat. Credit is tight, meaning prospective car buyers will need a better credit score if they want ... , either. Ford Motor Co. execs are predicting industrywide December sales numbers to drop by 35 [more...]

Date: 2009-01-15 19:57:40

EcoBoost: High Tech Green Technology

photo credit: Ford Motor Company EcoBoost was released last year at the auto show (which I did not attend) and this year at the auto show, everyone is talking about it. The vehicle that I’m in love with, the Ford Flex 2010 will feature this green technology saving me more money. Who doesn’t love [more...]

Date: 2009-01-08 02:16:43

Ford dealership credit firm to axe part of Australian operations

Up to 160 jobs will be lost after Ford Credit Australia announced it is winding down part of its Australian operation. [more...]

Date: 2009-01-15 13:06:01

ON THE RECORD at 10pm !!!

images-53 ON THE RECORD at 10pm PROGRAMMING NOTE: Tonight the CEO of Ford Motor Company, Alan Mulally. I am interested in, among other things, why Ford is asking for a line of credit when it says it does not need it???? and is the CEO really going to work for $1/year??? or are there options [more...]

Date: 2008-12-17 20:53:15

Bailout truthiness, and one cheer for Ford

By TigerHawk at 12/10/2008 07:50:00 PM Ouch: ... . By shunning government loans, Ford Motor Co.'s top executives say they hope to buff up the automaker's image ... of the year without it. But Ford set up $23.5 billion worth of credit in 2006, and both Chief Executive Alan [more...]

Date: 2008-12-11 01:08:02

GMAC Deal Boosts Auto Stocks

The government’s decision to provide $6 billion in financing to steady the lending arm of auto giant General Motors has jolted futures on ... , shares of GM were up by nearly 8% and rival Ford Motor Co. gained 5.9%, while stock futures rose ... credit rating needed for funding new loans to 621, down from the 700 limit established by GMAC two [more...]

Date: 2008-12-30 14:03:40

GMAC Deal Boosts Auto Stocks

The government’s decision to provide $6 billion in financing to steady the lending arm of auto giant General Motors has jolted futures on ... , shares of GM were up by nearly 8% and rival Ford Motor Co. gained 5.9%, while stock futures rose ... credit rating needed for funding new loans to 621, down from the 700 limit established by GMAC two [more...]

Date: 2008-12-30 17:03:00

40th Anniversity of CLEPR Dinner at the AALS Annual Meeting: read Elliott Milstein's ten commandments of clinical education

This was a terrific event, honoring "the work and legacy of CLEPR and its early pioneers, William Pincus and the Hon. Dorothy Nelson ... had, going back to the 1960’s, still has such vitality, such currency.  This idea, that he sold to the Ford ... , to provide students opportunities to learn, for academic credit,  to be ethical responsible lawyers [more...]

Date: 2009-01-13 14:31:15

Tom Ford Plans Womenswear Line

Drapers reports that Tom Ford is seeking a $50 million investment to launch a womenswear line. The eponymous luxury label from the ex-Gucci creative director is looking for an investment of $50m (&30.5m) or more in a process managed by Credit Suisse, according to Reuters' private equity website peHUB. Tom Ford International currently sells menswear and men's and women's eyewear and fragrances through four standalone stores and several wholesale sites. [more...]

Date: 2009-09-28 17:41:00

Giving the Auto Companies What They Want

With the prospects for some kind of short-term aid for the auto makers looking more likely, ... Motors rose 22% while Ford Motor gained 15%. Weekend negotiations produced a framework that would ... of the funds would go to GM and Chrysler, as Ford has said it only needs a government line of credit [more...]

Date: 2008-12-08 14:14:27

links for 2008-10-14

No Time to Waste . . . - The Big Picture Death rate 70 percent lower at top-rated hospitals - EurekAlert Wall Street's Nine Banking Families Fail ... Credit Default Swap fault-lines: Lessons from 2005 GM, Ford crisis - Vox EU Preserving Forests ... How to Repair What Ails Us - The Big Picture Why don’t we trust a stranger? Ties that bind - Vox EU [more...]

Date: 2008-10-14 07:06:00

Cavalcade of Risk #69: Risk Management and Uncertainty Quotes

It’s the Cavalcade of Risk, the first of 2009! It’s issue #69… and I figured any theme based on the issue number would be far too risky for this ... decision is wrong when it was taken too late. Lee Iacocca 1924-, Father of the Ford Mustang and CEO ... Makes Sense posted at Personal Finance Analyst. Credit Card Assist presents Is Credit Card Insurance [more...]

Date: 2009-01-14 19:22:15

GM, Ford Jump on Rescue Package

News of a $17.4 billion rescue package for the nation’s auto makers that avoids bankruptcy has bolstered shares of the publicly ... of General Motors were up 45 cents, or 12%, to $4.11 a share, and Ford Motor Co. shares rose 26 cents ... Lombard, analyst at Gimme Credit. GM is expected to try to exchange as much of its senior [more...]

Date: 2008-12-19 15:28:32

George Bush Center for Intelligence

by eriposte Since there seems to be, um, a bit of umbrage over the Panetta pick for DCI, I should add one more thing following my previous post ... , and then appointed head of the Republican National Committee. After that Gerald Ford appointed Bush "Chief ... "intelligence" experience prior to this role. To its credit, the NYT article points [more...]

Date: 2009-01-13 09:41:27

US porn baron's appeal for $5bn bailout

Larry Flynt is hoping to bring off one of the more bizarre PR coups of the credit crunch by asking the US government for a $5bn (£3bn) ... after Ford, General Motors and Chrysler began to feel the effects of the recession.Flynt and Francis [more...]

Date: 2009-01-09 10:06:00

US auto sales plunge whopping 36 percent in December

DETROIT (AP) — Huge rebates and zero-percent loans couldn’t overcome economic uncertainty as U.S ... million vehicles from 2007. Auto Sales Ford The bleak numbers, according to both industry ... in, coupled with a loosening of credit that could bring people back to the showrooms. Even Toyota [more...]

Date: 2009-01-06 02:35:35

Chrysler Wants $3 Billion More

—Gabriel Malor See, the failing car-maker originally wanted $7 billion, but only got $4 ... Street rescue fund, known as the Troubled Asset Relief Program, or TARP. Ford Motor Co. said Sunday that it would not seek a $9 billion line of credit as planned because the company was satisfied [more...]

Date: 2009-01-13 03:42:56

Hyundai to slash domestic production by at least 25 percent during Q1

Hyundai to slash domestic production by at least 25 percent during Q1 Read More Discuss (3)E-Mail Despite global efforts to loosen credit and inject cash into the financial markets ... with sagging demand. Companies like General Motors, Ford and Toyota have already announced production [more...]

Date: 2009-01-09 20:15:38

2008 UK car sales fall

The UK motor industry has experienced a 12-month low in the number of cars sold, according to the Society of Motor Manufacturers & Traders ( ... , with the Ford Fiesta, Vauxhall Corsa and Ford Focus being the top three best-selling vehicles ... confidence. Further action to ease access to finance and credit across the economy is essential if long [more...]

Date: 2009-01-07 15:24:01

Bush Working on "Orderly" Auto Bankruptcy

Apparently the President has heard the voices of his own party, ... for at least a month as it, General Motors Corp. and Ford Motor Co. await word on government action. General ... bankruptcy court is the best way to work through credit and debt and restructuring," he said during [more...]

Date: 2008-12-18 19:04:54

Jessica Nicole Trisko, Miss Earth 2007

Jessica Nicole Trisko (born 1984) is a beauty queen from Vancouver, British Columbia, Canada who is Miss Earth 2007 ... at the age of 15. In 2001, she teamed up with Ford Models and L'Oréal to participate in the behind ... issue as belowview more: Jessica Nicole Trisko photoThank you & credit: see-star.blogspot.com [more...]

Date: 2009-01-15 17:47:00

THANK YOU AMERICA!!! Chrysler Gets $4 Billion Loan In U.S. Bailout

DETROIT — Chrysler LLC received its $4 billion low-interest federal loan Friday, helping the auto maker continue funding its operations ... the next two months. Chrysler has been hurt more than GM and Ford Motor Co. by the U.S. recession because it relies on North America for about 90% of its sales. Tight credit and a weak economy [more...]

Date: 2009-01-04 19:05:27

Could it be that the Banks and Flaherty are both right? part 2

I enjoy decoding riddles. Canadians are telling Finance Minister Jim Flaherty that they can’t get credit ... in new bridge and term debt that Teck (TCK.B:TSX) required for its company-risking acquisition of Fording Canadian Coal Trust. Those two deals together amount to C$7 billion of new corporate debt [more...]

Date: 2009-01-09 13:30:46

Angleina Jolie Hits 2009 Critics’ Choice Awards

Looking ever the Hollywood couple, Angelina Jolie and longtime love Brad Pitt heat up the red carpet at VH1’s 2009 Critics’ Choice Awards held at ... this info, please credit JustJared.com: The regal-looking Angie wore a gorgeous asymmetrical Max Azria ... Leger clutch. Brad looked dapper as always in a Tom Ford suit. Angie’s Changeling is up for the [more...]

Date: 2009-01-09 02:09:50

The Losing Kansas City Lunch

Local Civic Links: Taking Credit in all kinds of ways: KC Council lauds man's quest to aid those facing foreclosure Actually, a pretty great cause: Fund set up to help family of KC boy who died after house fire And a special thanks to a AWESOME TKC TIPSTER who sent a recent photo from the very professional Jan Marcason Newsletter that strangely smells like her nasty potato salad. Witness what looks like the most uncomfortable lunch in Kansas City, and is certainly the most unproductive. [more...]

Date: 2009-09-25 13:14:00

Why Stop at Converting Hybrid Vehicles?

Converting hybrid vehicles — particularly the Prius and Ford Escape — into plug-in hybrids has become a profitable niche industry for a few specialty companies. But the net impact of this new mini-industry has been much greater by influencing consumer and industry opinions. Promoting the technical feasibility of PHEVs has been a significant factor in the auto manufacturers’ decision to develop the dozens of plug-in and all-electric vehicles now scheduled for delivery in the next five years. [more...]

Date: 2009-09-28 11:00:36

Auto Finance Basics ABC

by Terry U. Vostor Going down the road to purchase an auto ” a car, truck or S.U.V.? Perhaps you need a car to drive to your job, your vehicle just gave up the ghost or your truck was in an auto collision, written off and you are off to purchase a new or replacement vehicle? Autofinace can be very confusing if handled without proper guidance. You may stand the risk of paying unnecessarily high amounts of installments or getting an unfavorable warranty deal. [more...]

Date: 2009-09-27 09:59:31

Auto Finance Basics ABC

Auto Finance Basics ABC by Terry U. VostorAutofinace can be very confusing if handled without proper guidance. You may stand the risk of paying unnecessarily high amounts of installments or getting an unfavorable warranty deal. Remember first and foremost it is you , or your family , who pays the price of poor , sloppy or incomplete negotiation in the auto purchase and sales process. You , as a consumer, have a responsibility to both your family and yourself. [more...]

Date: 2009-09-25 12:34:00

SunTrust Racing: Utah 250 Preview

TOOELE, Utah (Sept. 15, 2009) – When the curtain came down on the four-race “Solid Is Lightning Fast” summer tour of the Grand-Am Rolex Sports Car Series three weekends ago at Montreal’s Circuit Gilles Villeneuve, SunTrust Racing’s Max Angelelli and Brian Frisselle were spraying victory champagne for the second time in their last four outings.   The unique promotion of SunTrust’s mobile and online banking products, featuring an eye-catching silver paint scheme on the No. [more...]

Date: 2009-09-28 02:25:00

Week 3 Monday Morning Hangover, Where the Lions Get King Kong Off Their Back

Matthew Stafford Photo Credit: Icon SMI The day belonged to the Detroit Lions. Brett Favre and Greg Lewis were brilliant in their miraculous, game-saving hookup in the back of the endzone that gave the Vikings a dramatic 27-24 win over the San Francisco 49ers and a 3-0 record to start the season. Maurice Jones-Drew broke out for one of the year’s biggest fantasy days in racking up 147 total yards and 3 TDs against the abominable Houston Texans defense. [more...]

Date: 2009-09-28 16:40:44

OVER THE WEEKEND…

NATIONAL ASSOCIATION OF FORMER BORDER PATROL OFFICERS Visit our website: http://www.nafbpo.org Foreign News Report The National Association of Former Border Patrol Officers (NAFBPO) extracts and condenses the material that follows from Mexican and Central and South American on-line media sources on a daily basis. You are free to disseminate this information, but we request that you credit NAFBPO as being the provider. Friday, 09/25/09 Frontera - Tijuana, B.C. [more...]

Date: 2009-09-28 19:06:10

Livemint Story on Twitter Etiquette

I was interviewed recently for a Livemint story on Twitter etiquette . Apart from the basic Twitter etiquette all of us need to follow as individuals, companies and celebrities need to be cognizant of several other considerations. It’s a good practice to inform and guide employees about these considerations through a corporate social media policy. I’ll write a separate post on corporate social media policies and also share 20:20 Social ’s own simple social media policy. [more...]

Date: 2009-09-26 08:53:01

My friends, we are now in the bright age of the "retro-revival" but I am sorry to say that I am not very pleased with what I see

  I have a confession to make: I personally do not like Super Mario 64 and all of the subsequent 3D Mario games. [more...]

Date: 2009-09-27 15:00:00

The Most Eco-Friendly Half Ton Truck Engines

Many hard-core “greenies” long for the extinction of the pickup truck . These people view pickups as an anachronism – a hold-over from a time when Americans actually worked for a living. If you’re reading this blog you already know, but here it is again: Pickup trucks aren’t going away. High gas prices won’t end the American love affair with pickups because people buy trucks for a reason – they need em.’ The Most Eco-friendly half-ton truck engines. [more...]

Date: 2009-09-28 12:00:01

M's Racing: Kyle Busch Fall New Hampshire Advance

For Every Problem There is an Opportunity     HUNTERSVILLE, N.C. (Sept. 16, 2009) – In the face of bitter disappointment, one might be able to take comfort in the old saying, “For every problem there is an opportunity.”   Kyle Busch, driver of the No. 18 M&M’s Toyota Camry for Joe Gibbs Racing (JGR), is certainly disappointed since he now faces the next 10-race stretch of the NASCAR Sprint Cup Series schedule without being part of the 12-driver Chase for the Championship. [more...]

Date: 2009-09-29 01:32:17

Social media and healthcare: hospitals lead

A signal moment has happened: When a major business authority with no history in healthcare speaks up about a shift in the wind, it’s worth noting. And this time it’s a great sign for participatory medicine, because the news is that hospitals are engaging with patients. My company’s been working with hospitals the last few months, and it’s surprising and hopeful how eager they are to use social technologies. [more...]

Date: 2009-09-28 11:49:48

"The Dollar Is Dead, Long Live the Renminbi"

"The Dollar Is Dead, Long Live the Renminbi" by Jeremy Warner "Sometimes it takes a crisis to restore reason and equilibrium to the world, and so it is with the trade and capital imbalances that were arguably the root cause of the financial collapse of the past two years. To economic purists, the changes now under way in demand and trade are inevitable, necessary and even desirable. Even so, dollar supremacy and the geo-political dominance of the West are both likely long-term casualties. [more...]

Date: 2009-09-27 16:03:00

U.S. Climate Action Partnership Presents Outdated Climate Plan

From the Wonk Room. Today, in the first hearing of the House Energy and Commerce Committee under the leadership of Rep. Henry Waxman (D-CA) ... the political tide in Washington. They deserve credit for moving past conservative rhetoric that denies ... indicated in a recent report, “A U.S. climate bill should set a target of reducing U.S. greenhouse gas [more...]

Date: 2009-01-15 23:59:04

How Hospitals Are Quietly Leading The Way With Social Media

Amidst the attention on Twitter and how Pharma brands may be using it, what the FDA is doing with their blog and the rise of internet users finding health information on the web there is one group that has been quietly innovating with using social media without receiving much attention or credit for it. Today in the US, there are 367 hospitals that are actively using social media. Collectively they are responsible for 186 YouTube Channels which include over 5,000 videos. [more...]

Date: 2009-09-25 10:55:15

Evisu's Comeback: Interview with CEO Scott Morrison

Media coverage touting Evisu's first collection designed by their new CEO and creative director Scott Morrison has been hard to miss. Looking back to the pre-WWII selvedge Levi's and Hidehiko Yamane's obsession with them that originally inspired him to found the brand in 1991, the widely-circulated story is the good ol' brand heritage angle—one that boils down to Morrison's return to a less embellished but still highly stylized look. [more...]

Date: 2009-09-25 23:20:12

Patrick Sheltra Eyeing Salem Sweep For Team; Buffalo Wings & Rings

SALEM, Indiana (September 17, 2009) - - Without hesitation, April 5, 2009 was one of the greatest days of ARCA RE/MAX Series driver Patrick Sheltra’s life. After surviving and recovering from a vicious incident in the season-opener at Daytona International Speedway, Sheltra returned to the seat at the very next race at Salem Speedway and stormed to his first career victory in his third year of competition. [more...]

Date: 2009-09-29 01:45:08

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