World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Credit for Detroit's Auto Recovery
Keywords:
The poor performance of GM shares since its IPO offering. GM shares in July 2012 were 41% below the November 2010 initial offering price. Ford was at its lowest level in 2 years. One problem facing both automakers is the weakness in European sales. A second is the uncertainty for U.S. sales in a weak economy.
GM's IPO offering for November, 2010, and its share price
06/22/2010
General Motors' IPO offering and efforts to pay back about $50 billion of loans to the U.S. government following the government bailout of GM and taking a 60% stake in the company.
Grouped Articles
GM Earnings: Weaker North America Hits Profit
Wall Street Journal 05/03/2013
U.S. to Sell Rest of GM Stake by Year-End
Wall Street Journal 11/22/2013
GM's IPO May Require Hefty Incentives
BusinessWeek 07/15/2010
U.S. Remaining Stake in General Motors
Wall Street Journal 12/10/2013
GM Could Be Free of Taxes for Years
Wall Street Journal 11/03/2010
IPOs Set to Raise Most Cash Since Crisis
Wall Street Journal 05/12/2013
Share prices of GM after the IPO
06/22/2010
Share prices of GM and Ford have declined with the rise in gas prices to over $4.
Grouped Articles
GM Earnings: Weaker North America Hits Profit
Wall Street Journal 05/03/2013
Is General Motors Rushing Its Initial Public Offering?
New York Times 06/22/2010
Wall Street Journal 11/02/2010
Why Are General Motors Shares Stuck in Reverse?
Wall Street Journal 04/30/2011
Pendulum Swings Back Toward Detroit
Wall Street Journal 05/03/2011
Only Gas Prices Lie in Path of GM's Inroads
Wall Street Journal 05/05/2011
Ford's credit ratings.
10/26/2010
Grouped Articles
Wall Street Journal 10/26/2010
Ford Extends Its $9 Billion Credit Line Through 2015
Wall Street Journal 03/15/2012
Wall Street Journal 05/22/2012
Credit for Detroit's Auto Recovery
Wall Street Journal 07/13/2012
The credit risks for the U.S. government as GM (General Motors) fails - risks of auto industry bailout
02/13/2006
The credit risk to the government as GM fails is huge. It brings the government into involvement with the details of the auto industry as management fails.
Grouped Articles
U.S. to Sell Rest of GM Stake by Year-End
Wall Street Journal 11/22/2013
Auto Makers Rebound as Buyers Go Big
Wall Street Journal 01/04/2014
Wall Street Journal 11/02/2010
GM Could Be Free of Taxes for Years
Wall Street Journal 11/03/2010
Auto Sales Start 2009 at an Abysmal Pace
New York Times 02/04/2009
Auto sales plummet in January; Chrysler sales down 55%
Detroit News 02/04/2009
Financial squeeze on dealers as GMAC, Ford Credit and Chrysler's financing arm cannot provide same level of support.
04/04/2006
As the automakers financing groups GMAC, Ford Credit and Chrysler's car financing arm see a deterioration in their condition, dealers are facing a squeeze too. The loans and financing previously available are being phased out for some dealers. The situation as the auto industry in Detroit faces the need for a government led bailout and the planned bankruptcy filings for GM and Chrysler.
Grouped Articles
GM Seeks Partners for Car Loans
Wall Street Journal 06/24/2010
Tight Credit Puts Squeeze On Big Three Auto Dealers
Wall Street Journal 08/28/2008
Wall Street Journal 01/11/2011
For Car Dealers, a Bleak Lot Brightens
Wall Street Journal 02/23/2011
GMAC: Is GM Selling Its Seed Corn?
BusinessWeek 04/04/2006
On the Road to Detroit's Big Pileup
New York Times 10/01/2011
Alan Mulally and the recovery at Ford Motor Company- 2009-2014
01/06/2008
Grouped Articles
Japanese Car Makers Lose Their Midsize Edge
Wall Street Journal 05/07/2013
Ford Clips Toyota's Wings in California
Wall Street Journal 07/17/2013
Ford Speeds Up Succession Plan
Wall Street Journal 04/22/2014
Ford's Mulally Talks Mark Fields, Business in China and the New F-150
Wall Street Journal 04/22/2014
BusinessWeek 02/03/2011
Ford to Shave $3 Billion in Debt
Wall Street Journal 02/11/2011
Share prices of Chrysler, GM and Ford Motor in 2011-2014
04/30/2011
Grouped Articles
GM Earnings: Weaker North America Hits Profit
Wall Street Journal 05/03/2013
Ford Earnings: Growth in Asia, U.S. Offset Losses in Europe
Wall Street Journal 07/25/2013
Mulally Tries to Raise Ford's Sticker Price
Wall Street Journal 01/28/2014
Ford Reports Earnings of $1.3 Billion
New York Times 07/24/2014
Investors Pressure GM, Ford Shares
Wall Street Journal 10/10/2014
Ford’s Profit Falls on Europe Losses, Lower Production in North America
Wall Street Journal 10/25/2014
View from the Top: A blunt and straight talking Ed Whitacre runs GM (General Motors) for the government with the goal of recovering its $50 billion.
02/13/2006
Ed Whitacre is blunt with Henderson and executives at GM, new product development faster than before 2 years instead of three, and market share north of 20%, get GM moving or be replaced. Efforts by the new management to payback $50 billion in loans to the U.S. government following the bailout of GM.
Grouped Articles
U.S. to Sell Rest of GM Stake by Year-End
Wall Street Journal 11/22/2013
U.S. Remaining Stake in General Motors
Wall Street Journal 12/10/2013
Wall Street Journal 11/02/2010
GM Could Be Free of Taxes for Years
Wall Street Journal 11/03/2010
GM: Whitacre's Way or the Highway
BusinessWeek 09/24/2009
After Bankruptcy, G.M. Struggles to Shed a Legendary Bureaucracy
New York Times 11/13/2009
Ford's crisis point in April 2006.
05/05/2006
A chart compiled by J.P. Morgan in 2006 showed credit markets rated a default by Ford in three years as more likely than one for GM 43% to 34%. The same year 2006 when Alan Mulally was hired to change Ford. In 2009 all three Detroit automakers were in critical condition- only Ford avoided bankruptcy, which says that this chart was prescient about the conditions of the U.S. auto industry. The conditions in the auto industry before the government led bailout of GM and Chrysler and the planned bankruptcies.
Grouped Articles
Ford Speeds Up Succession Plan
Wall Street Journal 04/22/2014
Ford's Mulally Talks Mark Fields, Business in China and the New F-150
Wall Street Journal 04/22/2014
Is Ford Rolling Backward With 'Way Forward'?
Wall Street Journal 05/05/2006
BusinessWeek 05/25/2006
On the Road to Detroit's Big Pileup
New York Times 10/01/2011
Search Begins for Next CEO at Ford
Wall Street Journal 12/06/2011
How debt can suddenly sink firms as business swings lead to a drying up of business.
10/14/2008
It can happen to GM and Chrysler, and a near miss for Ford and Morgan Stanley. Goldman Sachs is only pretending that it did not have a near miss after Lehman's collapse. The same can happen to an architectural firm Yamasaki as corporate real estate market collapses in 2009. The volatility and nervousness in financial markets in 2008 that shut companies out of credit markets and led to the government led auto industry bailout with planned bankruptcy filings.
Grouped Articles
A Warning Light to Alert the I.M.F.
New York Times 09/21/2011
After a Financial Flood, Pipes Are Still Broken
New York Times 09/14/2013
Morgan Stanley Memo by John Mack
Wall Street Journal 10/14/2008
Anatomy of the Morgan Stanley Panic
Wall Street Journal 11/24/2008
Wall Street Journal 03/14/2009
Morgan Stanley Comes Up Golden
Wall Street Journal 07/22/2011
GM (General Motors) before the bankruptcy and transition to post bankruptcy management.
02/13/2006
The situation at GM before the bankruptcy.
Grouped Articles
General Motors Names Mary Barra as CEO
Wall Street Journal 12/11/2013
For GE, GM and Citi, It's $7.06, $1.45, $1.03
Wall Street Journal 03/07/2009
Wall Street Journal 04/08/2006
In Dark Hour at GM, CEO Sought A Public Endorsement by Board
Wall Street Journal 06/05/2006
GM Sheds 19,000 Jobs Through Buyout Program
Wall Street Journal 05/30/2008
G.M. Closing 4 Plants in Shift From Trucks Toward Cars
New York Times 06/04/2008
Ford Restructuring under Mulally
02/13/2006
Grouped Articles
Ford Speeds Up Succession Plan
Wall Street Journal 04/22/2014
Ford's Mulally Talks Mark Fields, Business in China and the New F-150
Wall Street Journal 04/22/2014
Ford's Foreign-Operations Chief Becomes Latest to Exit Post - WSJ.com
Wall Street Journal 12/08/2006
BusinessWeek 06/04/2007
At Ford, the 'Outsider' Is Optimistic
Wall Street Journal 07/23/2007
Ford Stays the Course, Wherever It May Lead
New York Times 08/22/2007
The uncertain road ahead for U.S. automakers GM and Ford in 2012
05/05/2011
Linked Articles
Credit for Detroit's Auto Recovery
Wall Street Journal 07/13/2012
GM Roars, but Road Ahead Uncertain
Wall Street Journal 05/05/2011
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us