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General Motors & Chrysler: Assistance & Exit From The Troubled Asset Relief Program

Editat de James S Kousakis, John Peter Leonard
en Limba Engleză Hardback – 11 iun 2012
Substantial federal assistance allowed GM and Chrysler to restructure their costs and improve their financial condition. Through federally-funded restructuring, GM and Chrysler reported lowering production costs and capacities by closing or idling factories, laying off employees, and reducing their debt and number of vehicle brands and models. These changes enabled both companies to report operating profits and reduce costs enough to be profitable at much lower sales levels than ever before. Nevertheless, to remain profitable, both companies must manage challenges affecting both their costs, including debt levels, and vehicle demand, such as launching products that are attractive to consumers amid rising fuel prices. This book examines the role of TARP assistance in the restructuring of the U.S. motor vehicle industry with a focus on unwinding the government stake in GMAC and Chrysler.
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Specificații

ISBN-13: 9781619420724
ISBN-10: 1619420724
Pagini: 119
Ilustrații: illustrations
Dimensiuni: 230 x 155 x 13 mm
Greutate: 0.31 kg
Editura: Nova Science Publishers Inc
Colecția Nova Science Publishers, Inc (US)
Locul publicării:United States

Cuprins

Preface; The Role of TARP Assistance in the Restructuring of General Motors; TARP Assistance for Chrysler: Restructuring & Repayment Issues; TARP: Treasury's Exit from GM & Chrysler Highlights Competing Goals, & Results of Support to Auto Communities are Unclear; TARP Assistance for the U.S. Motor Vehicle Industry: Unwinding the Government Stake in GMAC; Index.