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The precarious condition of the Chinese consumer and first time buyer of cars, with no safety net in the economy for health care or unemployment. The severe downturn for Cherry and why GM cannot look to China for any kind of relief.
Linked Articles
With First Car, a New Life in China
New York Times 04/24/2008
China's Car Makers Seek Different Help: Lower Sales TaxesWall Street Journal 11/20/2008
Improving unemployment figures in Ohio in 2012 with 7.2% unemployment has come with lower incomes in manufacturing and a lowering of expectations about the future.
Linked Articles
Ohio economy improving, but residents can’t feel it - The Washington Post
Washington Post 08/08/2012
The Wage That Meant Middle ClassNew York Times 04/20/2008
The insurance itself was not insurance but a chance to use different accounting rules to take the issuance of collateralized debt obligations to new heights. ACA was an outfit by the river issuing flood insurance. It had an A rating and was supposed to insure AAA securities.
Linked Articles
BusinessWeek 04/03/2008
Building WonderlandNew York Times 04/06/2008
The Dacia and Logan brands manufactured in Romania are expected to cross the 1 million sales mark in 2012. The Logan and Dacia have established a presence in Europe as models known for reliability. Sales of these lower cost cars are popular with buyers in France who see this as a choice replacing buying a used car.
Linked Articles
Frugal Dacia Stars in Renault's Overhaul
Wall Street Journal 02/11/2008
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
Treasury Secretary Paulson and the deft diplomacy and bridgebuilding that led to bipartisan agreement on a stimulus package and set the stage for cooperative work from Republicans and Democrats to restore public confidence in the political leadership of the country to act concertedly.
Linked Articles
Paulson’s Deal-Making Revives Treasury’s Relevance
New York Times 01/28/2008
Stimulus Deal Spurred by Fears Of Voter BacklashWall Street Journal 01/26/2008
The EU has newbiofuels law that requires that a biofuel production and use reduce emissions by 35% to meet its standards, rapeseed oil at 37% passes and corn for ethanol as in the US at 22% fails.
Linked Articles
EU Is Planning Measures To Protect Biofuels Industry
Wall Street Journal 01/23/2008
U.S. Given Poor Marks on the EnvironmentNew York Times 01/23/2008
Nissan wil have a mass market type electic car by 2010, and Toyota will have a plug in by 2010.
Linked Articles
Nissan Plans Electric Car in U.S. by ’10
New York Times 05/13/2008
Toyota Will Offer a Plug-In Hybrid by 2010New York Times 01/14/2008
Among the changes in the mass market downscaling of Starbucks was the introduction of hot breakfast sandwiches. Schultz did not like the smell of the sanwiches taking away the aroma of coffees that was a key part of the Starbucks experience.
Linked Articles
Schultz Takes Over to Try to Perk Up Starbucks
Wall Street Journal 01/08/2008
Starbucks Shares Rise as CEO ReturnsWall Street Journal 01/09/2008
About 1800 people die in traffic accidents in New Delhi each year and most of them are on motorcyles, whole families on a motorbike. This was the image in Ratan Tata's mind behind his vision of a 1 lakh rupee ($2000) car affordable to the motorcycle Indian. Is it safe, for the motorcycle rides and passengers its a lot safer being in a car.
Linked Articles
Economist 01/10/2008
Four Wheels for the Masses: The $2,500 CarNew York Times 01/08/2008
Farley brings fresh thinking to marketing and advertising at Ford to get themes like safety and green into buyers minds.
Linked Articles
Wall Street Journal 03/18/2008
Ford's EcoBoost Engine Excites MarketerNew York Times 01/06/2008
How Cherry and BYD, with small beginnings but the vision and perseverance moved to take leadership positions in the car industry in China. They are also moving into export markets in western countries. BYD has the lead and the low cost technical manpower to sell electric cars at an attractive enough price to make a dent in the market, even with gasoline prices coming down.
Linked Articles
Technology Levels Playing Field in Race to Market Electric Car
Wall Street Journal 01/12/2009
In China, Chery Automobile Drives an Industry ShiftWall Street Journal 12/04/2007
How the display of a crashed Taurus at the 2008 New York Auto Show is an ongoing effort like the Swap My Ride Campaign to get car buyers who defected to foreign makes to take a look at Ford.
Linked Articles
Drivers Size Up Fords (Unknowingly) in New Campaign
New York Times 09/04/2007
Ford Displays a Wreck to Score Safety PointsNew York Times 03/18/2008
Southwest keeps it open boarding system but puts a number on the boarding pass.
Linked Articles
Economist 11/16/2006
Southwest Alters Boarding ProcessNew York Times 09/20/2007
Linked Articles
Finances Frail, Le Monde Contemplates the Unthinkable
New York Times 04/21/2008
Billionaire Reaches Deal On Funding For Times Co.Wall Street Journal 01/20/2009
Grennspan took huge risks in his ambitious experiment with the American economy of a philosophy that simply said allow markets to operate unrestrained and trust in humans benevolent intentions and enlightened self interest. Goodman and Ip document the details. Did he believe that there was something miraculous that would prevent things from imploding, something inherently sacred about an idea of markets, when plain common sense like Buffets said that the arithmetic did not add up and in the end thats all that counts common sense.
Linked Articles
Taking Hard New Look at a Greenspan Legacy
New York Times 10/09/2008
His Legacy Tarnished, Greenspan Goes on DefensiveWall Street Journal 04/08/2008
Ford is showing originality and focussing on safety and innovation as one of its advertising themes in a "Ford, Drive One" campaign which will be done with dealers and after listening to dealers.
Linked Articles
Wall Street Journal 03/18/2008
Ford Displays a Wreck to Score Safety PointsNew York Times 03/18/2008
The success of the Logan and Dacia in France and other European markets has helped Renault. Profit margins on the two low cost vehcles is about 6%, higher than Renault's 2-3% margins on other cars. This turns the accepted logic in the auto industry on its head about higher margins with larger more expensive cars.
Linked Articles
Frugal Dacia Stars in Renault's Overhaul
Wall Street Journal 02/11/2008
Renault Takes Low-Cost LeadWall Street Journal 04/16/2012
How Nokia stayed ahead of the market and with new competitors like Apple's Iphone and stayed ahead of the rapid changes in the cell phone market, customers needs, new ways of using the phones, and new technologies and software changing the way cellphones are used every 1-2 years.
Linked Articles
Motorola to Spin Off Handset Unit, As Icahn Waits
Wall Street Journal 02/01/2008
Nokia Earnings Jump on Emerging MarketsWall Street Journal 01/25/2008
As the percentage of women in India's software industry approaches 50% by 2010 their concerns and issues important to them should be important to companies to attract good employees. Safety will soon emerge as one of the issues.
Linked Articles
H.P. Case to Go Forward in India
New York Times 01/31/2008
Young and Impatient in IndiaBusinessWeek 01/17/2008
The overheating of lithium ion batteries is why it has taken so long to come up with mass market electric cars or hybrids using lithium ion batteries. Daimler's Zetsche says his company is the first to put a car on the market with litium ion battery in its S400 in late 2008 and it has developed a sophisticated cooling system in the car for this.
Linked Articles
At Daimler, Sales Follow the World’s Oil Riches
New York Times 05/10/2008
Race to Make Electric Cars Stalled by Battery ProblemsWall Street Journal 01/11/2008
The new small car from Tata will meet current and future European emissions standards Mr. Tata said in an interview. There were doubts in the NYTimes of Jan 8, 2008 about the emissions, and it was thought that this car would just meet the lower Indian emissions standards. If this is true then this is part of the foresight of the vision of Ratan Tata. In fact Tata said that it was easier to meet the emissions standards than to meet the crash and safety standards because of the lightness of the car.
Linked Articles
Tata's High-Stakes Bet on Low-Cost Car
Wall Street Journal 01/10/2008
Four Wheels for the Masses: The $2,500 CarNew York Times 01/08/2008
Ford shows originality in the display of a crashed Taurus at the March 2008 New York Auto Show, the display designed to show car buyers how the safety features protect occupants and make them look at Ford cars.
Linked Articles
Ford's EcoBoost Engine Excites Marketer
New York Times 01/06/2008
Ford Displays a Wreck to Score Safety PointsNew York Times 03/18/2008
Bosch wants to invest $500 million euros in India by 2010. It plans get to sales of 1 billion euros by 2010 selling to lowcost makers like Tata for which it makes a specially designed engine for the $2500 Nano car.
Linked Articles
Four Wheels for the Masses: The $2,500 Car
New York Times 01/08/2008
Bosch Wants to Expand Supply For Low - Price CarsNew York Times 12/30/2007
Petro -Canada faces risks in its oil sands project as project costs continue to rise as rapidly as oil prices, could end up 2-3 times the original estimate.
Linked Articles
Oil Sands Are Shifting in Alberta
Wall Street Journal 02/05/2008
Petro-Canada Faces ChallengeWall Street Journal 09/12/2007
Tata will get Land Rover and Jaguar for about $1 billion when it cost $5 billion to acquire these assets and has invested heavily since then. The credit squeeze gives Tata these assets at a good price.
Linked Articles
Tata May Bid for Ford's Luxury Brands
Wall Street Journal 08/27/2007
Tata Pulls Ford Units Into Its OrbitNew York Times 01/04/2008
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