Analyst: GM could borrow from UAW health care fund
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David Barkholz
Automotive News | July 3, 2008 - 1:52 pm EST
 
 
DETROIT — Could General Motors tap the prospective UAW retiree health care fund for cash?
JPMorgan analyst Himanshu Patel thinks so. In a report and conference call today, Patel said GM could raise $3 billion to $6 [...]

Jean Halliday
Automotive News | July 2, 2008 - 12:25 pm EST
It worked so well, GM extends financing incentive

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DETROIT (AdAge.com) — General Motors said its latest incentives on 2008 models will be extended because the promotion worked so well driving traffic in the final days of June.
GM will extend 0 percent financing for 72 [...]

 
 
 
Thursday, July 3, 2008
Slow down, save money: Hurried drivers resist gas-conserving move
Mike Wilkinson and Mark Hornbeck / The Detroit News
Michigan drivers appear to be avoiding one of the few weapons they have to combat record fuel prices: the gas pedal.
On the same day Gov. Jennifer Granholm suggested the state consider lowering freeway speeds to conserve [...]

Thursday, July 3, 2008
GM stock falls below $10
Company leads Dow Index into bear market;’ Bankruptcy is not impossible,’ analyst says
Christine Tierney and Brian J. O’Connor / The Detroit News
General Motors Corp. shares sank Wednesday to their lowest level in more than 50 years after brokerage firm Merrill Lynch raised the specter of bankruptcy for the [...]

Thursday, July 3, 2008
Rebuttal
UAW fights to keep good-paying auto jobs
James Harbour, who attacks members of our union for exercising their democratic rights, built a lucrative business as a manufacturing consultant ("UAW gives comfort to Big 3 competitors," June 26).
Harbour is now retired — but just imagine his reaction if one of his clients had told [...]

Wednesday, June 25, 2008
Opinion
UAW gives comfort to Big 3 competitors
Strikes help Japanese, hurt promising U.S. vehicles
James E. Harbour
I’ve often wondered what passes for strategic thinking at Solidarity House. The United Auto Workers union says little about this publicly, but it looks like the union is sticking with a familiar theme: brute force.
Historically, this approach has [...]