Students of history will recall that after Japan attacked Pearl Harbour, the US industrial machine mobilized from its depression-induced coma, and pulled out all stops in the production of all sorts of military machinery and equipment. During the Remembrance Day holiday two weeks ago, I watched a TV special that stated the auto-production apparatus of […]
http://www.thetruthaboutcars.com/gm-is-a-joke/
Fantastic. Even small companies are taking potshots at GM’s profitability. Avon’s market capitalization is greater than GM’s now. Even Amway, if it were a public company, given corporate profits of $1B and a 8x P:E ratio, would also be worth more than GM.
GM is on the ropes, and it’s rapidly falling market value as a […]
GM has now become a near-penny stock. GM’s business model is broken, and it could be argued that the unions were overly successful in sucking all the blood out of its employer, GM. The secret to every good parasite is that you’re not supposed to kill your very kind host!!! Not much point being Tommy […]
Like him, love him, or hate him, you have to commend Kevin O’Leary for being brave enough to have an opinion, ANY opinion. I tend to agree with his views on most items. I even like his sense of humour.
http://www.theglobeandmail.com/servlet/story/RTGAM.20070419.wh-mycarporsche-0419/BNStory/specialGlobeAuto
As a car guy, I also admire him for being the few left in North America […]