Word: america
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...sale of 20% (at least initially) of Chrysler to Fiat. His position has been undercut by Chrysler's tenuous finances, leaving Fiat holding the cards at the negotiating table. The $6 billion sweetener from the government essentially amounts to a dowry for Fiat to take the ugly bride off America's hands...
...Summit Auto's Buscher; it's financing that continues to lag.) But that also means that we'll be readier to buy when credit starts to loosen. Even if this recession lingers longer than expected, results will pick up substantially in 2011. Analyst Luedeman predicts that sales in North America will bottom out at 8.4 million units this year (others say slightly higher), then jump to 10.2 million in 2010, a 21% improvement. And by 2012 the industry will be in a full-fledged boomlet, at 13.8 million units annually...
Read "The End of Excess: Is This Crisis Good for America...
...somehow, out of a routine piece of choreography - two world leaders standing at adjoining lecterns - Obama conjured a sense of optimism about what the G-20 might achieve, and more broadly about America's changed view of its international role. He had come, he told an audience that included Secretary of State Hillary Clinton and Secretary of the Treasury Timothy Geithner, "to listen, not to lecture." The phrase had already been telegraphed by his press team, but it was no less powerful for that, especially to an audience used to his predecessor's homilies on American views and values. More...
...season if they hope to receive any additional financial aid from the government. Companies around the globe - Honda and Audi, to name two - have drawn down racing operations, and NASCAR itself has already felt the pinch in the form of reduced team spending. A complete withdrawal from America's premier racing series is expected to save more than $250 million between GM and Chrysler, a substantial amount considering the drastic measures being implemented elsewhere." [April Fools...