Lays off 1,300...
BLAMES MEDIA FOR LOW SALES...
Edited by Rogerdodger, 02 March 2012 - 11:34 PM.
Posted 02 March 2012 - 11:34 PM
Edited by Rogerdodger, 02 March 2012 - 11:34 PM.
Posted 09 March 2012 - 10:27 AM
Edited by Rogerdodger, 09 March 2012 - 10:31 AM.
Posted 11 April 2012 - 02:23 PM
Edited by Rogerdodger, 11 April 2012 - 02:25 PM.
Posted 11 April 2012 - 02:49 PM
As a result, officials at the big automaker last week announced production would resume a week sooner than expected at its Detroit-Hamtramck assembly plant after an announced five-week shutdown due to slack demand.
Last year, the Volt morphed from "technological wonder" to "political punching bag," GM CEO Daniel Akerson told a Senate committee last month. Conservatives have questioned whether GM produced the Volt to curry favor with green-tech-loving President Obama, who was a champion of the auto bailout.
Now, however, the March sales boost has brought a measure of relief – and Mr. Akerson is expecting more.
“It seems like we’ve sustained ourselves through this difficult period,” Akerson told Bloomberg Radio recently. “We hope to get up to 3,000-plus in the coming months, and are certainly positioning it.”
Some owners are offering rave reviews of the hybrid, which includes a tiny gasoline engine that, if needed, recharges its big battery on the fly. In online reviews, however, the key issue is that the car can travel about 40 miles just on electricity – and for a large number of Americans that's usually enough.
On the website of the Union of Concerned Scientists, a group that touts environmental solutions, one Volt owner, Jeff, noted that he has used just 23 gallons of gas in 13 months since purchasing his Volt. In that time, he's driven 13,500 miles – about 566 miles per gallon.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
Posted 13 April 2012 - 09:06 AM
Edited by Rogerdodger, 13 April 2012 - 09:13 AM.