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Month: September 2012

Industry Churn: Clout and Overcapacity

Posted in clout, design for manufacturing, economies of scale, entrance, europe, excess capacity, exit, industry consolidation, model proliferation, and platforms

New turmoil dominates today’s [July’s?] news. First, there is the not-quite-yet announced linkup between PSA and GM. Fiat-Chrysler claims to be looking for an alliance…

Auto Bailout Redux: Warren Buffett

Posted in bailout, bankruptcy, car czar, Chapter 11, Chapter 7, Chrysler, DIP finance, General Motors, GM, Government Automotive Task Force, TARP, and Warren Buffett

…it was Bush who bailed out GM — Obama forced it into bankruptcy… Steve Rattner’s blog points out a February 27th CNBS interview with Warren…

Europe’s Troubles: BMW postscript

Posted in block exemption, BMW, discounting, Euro, european union, exports, Mercedes, and recession

…my quick analysis suggests no European OEM will weather the coming storm without taking on a fearful amount of water… According to an August 16th…

GM and the Upcoming Presidential Election

Posted in Syllabus Schedule

Ruggles – September 2012 Amid the political turmoil of election season the rescue of the domestic auto industry by the George W. Bush administration and…