The net income is no longer in red for automotive giants Chrysler and GM who once filed for bankruptcy in 2008. As of April 2010 the total U.S. sales have increased to 12.1% and 2% for GM and Chrysler respectively. Chrysler’s first quarterly report, for the year 2010 shows that the cash flows for the company have turned positive.
When Saturn was yanked out of the General Motors Co. orbit last year, Bob Clute had to move quickly to line up another auto maker for his dealership in Belleville, Ont.
Toyota, Nissan, Mitsubishi, Fuji Heavy Industries and Tokyo Electric have set up a group to promote electric vehicles by standardizing recharging machines and marketing the technology world-wide
Since the economy began its downward spiral into recession in early 2008, we have seen changes in consumer behaviors and habits. Studies have shown that mindsets have shifted and that the current consumer is a very different person than the consumer of several years ago.
The Geneva Motor Show has indicated that there is a strong interest for the greener cars across the Globe. Almost all the companies are gearing towards a green future. While Toyota is ahead in the race with the Prius being already successfully marketed, Chevrolet is catching up with Volt and Nissan is all set to launch Leaf.
Viewing a financial snapshot while not considering your operational efficiency may potentially overlook deficiencies in customer expectations potentially resulting in a slippery spiral downward.
The net income is no longer in red for automotive giants Chrysler and GM who once filed for bankruptcy in 2008. As of April 2010 the total U.S. sales have increased to 12.1% and 2% for GM and Chrysler respectively. Chrysler’s first quarterly report, for the year 2010 shows that the cash flows for the company have turned positive.
When Saturn was yanked out of the General Motors Co. orbit last year, Bob Clute had to move quickly to line up another auto maker for his dealership in Belleville, Ont.
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