Word: perlis
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...Even worse, in the eyes of Obama's task force, is that GM was immodest in its assumptions. For instance, GM had forecast a market-share loss of 0.3% per year until 2014. The task force noted that GM has been losing market share at a rate of 0.7% per year for the past 30 years - and GM was planning to drop brands and nameplates. The task force had no reason to think that GM could gain share, and its sales rate proved that point. Industry-wide, March auto sales were down 40% on a seasonally adjusted basis...
...happy about the task force's approach. The UAW feels particularly aggrieved because it has agreed to an unending series of givebacks over the past 20 years. Even before this latest crisis, the UAW had assented to the 2007 contract, which would have put Detroit's labor cost per car within a couple of hundred dollars of Toyota's and the other transplants'. That isn't enough, in the view of the task force, because consumers are willing to pay more for the foreign badges, and the Detroit Three need to earn more on domestic car sales to become viable...
...That's particularly important because the number of drivers is increasing. The U.S. population is advancing at a clip of 1% per year. But more important, the baby-boom echo is getting its wheels. Between immigration and the offspring of boomers now asking for the car keys, at least 2 million new drivers are entering the market every year. That invariably adds to demand...
...more level now, they can race after the one market that could be substantial for either one or both of them, which is providing software and search on mobile devices. The smartphone, which is really a PC for the pocket, is part of the one-billion-units-per-year-in-sales handset industry. Providing the operating software and other key components for wireless devices is almost certainly the next big thing for tech companies from Google to Yahoo (YHOO) to Microsoft to Adobe (ADBE). Trying to milk more money out of the PC gets harder and harder. For the largest...
...advocacy goals would be better served if there were two advocacy committees. “One thing to consider is the three committees inevitably have a huge amount of overlap,” she said. The UC discussed the merits of increasing its membership to three people per district during the meeting. The discussion was only the beginning of the UC’s effort to reevaluate it’s structure in light of the Dowling Report. Discussions will take place in FiCom and SAC committee meetings this week and will continue throughout the semester. UC parliamentarian Eric...