Companies

Toyota really was a victim of US bullying Is this true of BP, too?

Nothing can be more dangerous than a mob with a cause. If crowds can go mad, then mobs can be downright vicious. And if that mob exudes power, such as the mob of senators who make up US Congress, then anyone caught in their wake is left with no option...Read More

Too big to fail: little bank emerges from ashes of big banks; big car alliance emerges from ashes, too

Virgin Money’s plans to set up a new High Street bank are gathering new momentum. It’s one of the few positives to grow out of the banking crisis. Meanwhile, in the land of autos, we are seeing the coming together of three car companies.

If a bank is too big...Read More

Posted Apr 07, 2010

Ford sees lift as GM goes under

Meanwhile, as they say, one man’s meat is another man’s poison, and so it is with the auto industry.

GM may be bust, meaning one would have thought you could say something like this to anyone who works in the auto industry: “You can have any mood you like, as long...Read More

Posted Jun 03, 2009

As the one-time world's largest company prepares to go bust, will new light shine on Vauxhall

Pick up any book and compare. Take this comparison: “When the ladies removed after dinner, Elizabeth ran up to her sister, and seeing her well guarded from cold, attended her into the drawing room…” And now there’s this: “It is a truth universally acknowledged, that a single man in possession...Read More

Posted Jun 01, 2009

Why the battle to save British jobs at Vauxhall, is really about something different

The Germans and the French are at it, and therefore, goes the argument, so should we. France has long been busy building new Maginot lines of business. As for Germany, right now it seems that only Angela Merkel can decide the fate of Opel.

Meanwhile, the British government is getting a...Read More

Posted May 27, 2009

The GM rumour, the turbo-charged fury, and why fifth gear is best

Listen very carefully. Did you hear that? It was the sound of thermometers bursting, as blood temperatures rise off the scale.

“Why so serious?” Well, it concerns GM, and a rumour going around that, if it proves right, could just be enough to make US unions, some members of the electorate...Read More

Posted May 14, 2009

Car industry in crisis, and it's all the government's fault

It seems it is all the government’s fault. Well, it often is, but on this occasion maybe there is another point of view.

A new report from the Automotive Innovation and Growth Team has slated the government and its ten years of neglect of the UK car industry. It says that...Read More

Posted May 07, 2009

Should British car industry fear or celebrate Fiat plan?

Earlier this year, Sergio Marchionne, chief exec at Fiat, said he believed only six mass car makers can survive the economic recession.

If he is right, then we are left wondering which car makers will they be? Mr Marchionne seems to be doing his level best to ensure Fiat is among...Read More

Posted May 05, 2009

Reality catches up with Chrysler

Well, they fought and fought to avoid the fate. But now it has happened, it seems many are celebrating.

Chrysler, the car maker which survived the Great Depression, finally went into Chapter 11 yesterday. Barack Obama seemed miffed with some of the company’s creditors who wouldn’t play ball.

But now, at last...Read More

Posted May 01, 2009

Chrysler on the brink; Bank of America boss steps back from brink

It’s been all go in the US corporate sector.

It seems Chrysler could be hours away from bankruptcy. Meanwhile, the fireworks went off at the Bank of America yesterday. But was the bank’s embattled chairman and chief executive able to avoid the rocket?

As you probably know, Chrysler is number three in...Read More

Posted Apr 30, 2009

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