The Unpopular‚ Successful Auto Bailout Imagine this ----- GM‚ FORD AND CHRYSLER – The three pioneer automakers of U.S going bankrupt! This would have been an absolute reality if Mr Barrack Obama had not decided to let the world and specifically American citizens to continue being associated with the major U.S automaker brands. In December 2008‚ the three major U.S. auto industry companies -- GM‚ Chrysler and Ford -- asked the government for a $34 billion bailout to avoid bankruptcy. The Big
Premium General Motors Automotive industry
Supercharger Network: Tesla Motors has started operating its new Supercharger stations on the motorways of the UK‚ and is working on spreading its network across Europe to meet increasing recharging needs‚ according to a report released by EV Fleet World. The installed units are capable of recharging 50% of the Tesla Model S’s 310 mile-range in roughly 20 minutes. As of June 2015‚ Tesla operated 22 Superchargers in the UK‚ with many more to be released later this year and next year. Apart from the
Premium Automobile Automotive industry General Motors
NORTH COUNTRY AUTO‚ INC. North Country Auto‚ Inc. was a franchised dealer and factory-authorized service center for Ford‚ Saab‚ and Volkswagen. George G. Liddy‚ part owner‚ recently developed new control systems for the five departments within the company; new car sales and used car sales‚ service‚ body‚ and parts. Mr. Liddy wanted to see each department ran like a separate business. He was trying to motivate his department managers to see how beneficial this would be in the long run‚ not only to
Premium Automobile Management Economics
Numerical: (1) North Country Auto-Transfer Pricing problem‚ Page 181‚ Book: MCS by Vijay Govindarajan & Robert N Anthony Solution: Facts of the case: (a) North Country Auto has departments/profit centre : (i) New & (ii) Used Car Sales‚ (iii) Parts‚ (iv) Service & (v) Body. (b) New & Used cars dept.: Headed by managers. They dealt in cars of Ford‚ Saab & Volkswagen. (c) Parts dept.: Manager was responsible for tracking parts inventory for the three lines & minimizing both carrying cost &
Premium Cost Marketing Generally Accepted Accounting Principles
Introduction The Engstrom Auto Mirror plant employs over 200 people at its Indiana location. Since 1999‚ workers at the plant have received bonuses based on the Scanlon Bonus Plan‚ which paid a percentage of all labor savings each month. Workers were motivated by the bonuses to increase their productivity‚ thus saving the plant from its unprofitable state during the 1990s. However‚ in 2007‚ the plant once again faced issues of unproductivity and low profits. The plant manager‚ Ron Bent‚ had to
Premium Motivation Decision making Cognition
SEPTEMBER 2012 Assignment Brief In your study syndicates‚ you are expected to read‚ analyse and interpret the key underlying issues of the following case-study titled "The Universal Motor Company Acquires Semiconductors". Six (6) questions have to be answered and these questions can be found at the end of the case study. Your answers to the questions must relate to the issues in the case‚ however you are expected to support
Premium Supply chain management Semiconductor Automotive industry
References: * Alvaro A. C´ardenas‚ S. S. (2008). Research Challenges for the Security of Control Systems. * ISA-SP99‚ Manufacturing and Control Systems Security. (2004). Retrieved 2013‚ from www.isa.org: http://www.isa.org/MSTemplate.cfm?Section=Home964&Site=SP99‚_Manufacturing_an
Premium Control theory Physical security Security
Tata Group of Industries The story of Tata begins in 1868 when a young boy named Jamsetji Tata joined his father’s small trading company. Thirty-five years later‚ that same boy was the owner of India’s largest textile company‚ Tata Textile. Over the last century‚ Tata has excelled in many different business sectors including Materials (Steel and Mining)‚ Agriculture‚ Energy‚ Consumer Products‚ Information Technology‚ Consultancy‚ Finance‚ Automobiles‚ Chemicals‚ Engineering and Hospitality. Tata
Premium Tata Motors Automotive industry Ford Motor Company
“Motor Vehicle Insurance” MOTOR VEHICLE (also known as auto insurance‚ GAP insurance‚ car insurance‚ or motor insurance) * is insurance purchased for cars‚ trucks‚ motorcycles‚ and other road vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom. The specific terms of vehicle insurance vary with legal regulations in each region. To a lesser degree
Free Automobile Truck Damage waiver
Earning yield is a great financial ratio which can be used very effectively to evaluate a stock. The process of calculating this ratio is very simple‚ first calculate the ‘Earning per share (EPS) and then divide EPS with current market price of stock. The value you will obtain is in percentage. The reported net profit (PAT) as declared by the company in last 12 months of operation can be taken as earning. Number of shares outstanding in the market is also declared by companies in their financial
Premium Fundamental analysis Stock market Value investing