Stockman Scott's Political Debate Porch Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Stockman Scott's Political Debate Porch

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: maceng2 who wrote (4811)	8/19/2002 4:03:04 PM
From: Jim Willie CB	Read Replies (3) of 89467

the number of 8balls for US Auto Industry is staggering - unfunded pension trusts in the multiple $B's, with GM claiming last week to need $6B more infusions in the next 6-7 years - profitless sales, with cashbacks and zero pct loans, which have become pervasive - horrendous debt levels, as a ratio of mktcap, with Ford the worst at $23B per $1B in mktcap - Japanese invaded US turf, building better cars & trucks, thus removing currency risk from hurting at least Japanese mfrs - continued product recalls, as result of poor quality, as your link announces - then you have the Firestone Tire liabilities in my view, it is not a question of whether US Auto Industy will be bankruptcies it is more a question of which one first and what the restructurings will look like and what the production levels will become afterwards / jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next