S&P 500

S&P 500 had its best day within 6 years. it went up more than half of what it went down on Monday. it went up 5.3% when the day before it went down 8.8%. Hopefully stocks and the economy will recover.

Dow Jones

The Dow Jones went down over 700 pionts today. The house of government representitives voted down on the $700 finiancial bailout package. the stock market hasn't been as bad since 9/11. It is now actually worse than ever.

J.D. Power

J.D. Power and Associates gave an award to GM's Oshawa Car Plant. The award was for hard work and dedication. in over 40 years they only gave that award to 22 companies. During the past 4 years they have recevied 4 gold and 2 silver awards

Henry Paulson

Henry Paulson was given power to take care of our economy. He is being given $700 billion and has decided to take care of our bad debt. he wants to buy it out and take care of our credit problems. This might be too fats of a decision and too much power for one man to make. He says there isn't much time but it still seems too fast of a decision.

Bus 200 Apunte GMC New plant in Flint Mich for 2010

GM is investing $370 million into a new plant of 4 cylinder engines. This plant will be in Flint Mich. They are going to build a 1.4 liter engine for the chevorlet cruize and also for the chevorlet volt. thoso are very small engines and will be extremely good on gas.

Chevorlet Orlando

The Orlando show car, making its world premiere at the Paris Motor Show in October, is a clear indication that Chevrolet is considering an expansion to its portfolio with a seven-seat multi-purpose vehicle with distinctive sport utility-like design, adaptable seating and impressive interior space. Based on the recently announced all-new Cruze compact sedan, the Orlando show car carries Chevrolet’s signature design language into a new vehicle segment. It explores the potential of combining the versatility attributes of a sport utility, a family van and a wagon in a single execution.

This will be an interesting type of vehicle. It might noy sell because of the gas prices. Putting out a new fuel efficient vehicle might work better.

Loan for anniversary

Speaking to reporters at GM's 100th anniversary celebration, Wagoner said the $25 billion in loans were approved last year as part of an energy bill and should now be funded to help the industry build next-generation automobiles and meet government fuel economy standards.

GM is working hard on making more fuel effiecent cars. Hopefully their loan will help them and they will be able to make more money and pay off that loan

Bus 200 Apunte GMC Hydrogen powered fuel cell

The EPA which is responsable for making a cleaner enviorment jioned forces with Gm. There New idea with the delivery of a Chevy Equinox Fuel Cell Electric vehicle they plan on making Hydrogen powered fuel cell. GM is taking advantage of gasoline prices and the enviornment to hopefully increase the way they produce andf make business.

Bus 200 Apunte GMC- GMs international management and cross-cultural competence

To succeed in the global market, General Motors finds that employees must come equipped with the talent, knowledge, and inclination to develop and maintain extensive cross-cultural contacts. A ruling proscribing the consideration of race and ethnicity in admissions decisions would dramatically reduce the diversity at our Nation's top institutions and thereby deprive the students who will become the corps of our Nation's business elite of the interracial and multicultural interactions in an academic setting that are so integral to their acquisition of cross-cultural skills.

This is a very important tactic that GM uses. Using the knowledge and talents of othre cultures and countries, and aplying it to thier own company.

BUS 200 Apunte Sales decrease for Ford

Shrugging off the sweet bait of huge savings, consumers avoided auto showrooms in droves last month - sending sales down by double digits as Detroit's long-running slump looks as if it could last another year.
Ford was hardest hit in the August showroom drought, with sales diving 26.5 percent from the prior August.
Ford marketing executive Jim Farley warned of bleaker months ahead "as weak economic conditions and the consumer credit crunch continues."

The ecomonmy is bad and is effecting GM's sales. The gas prices and the economy are effecting Gm. Toyota is close to taking its place as the worlds biggest automotive company

Bus 200 Apunte GMC

General Motors was formed in the year 1908 in Flint Michigan. It was founded by William C. Durant. Grabowsky Rapid Motor Vehicle Company joined them in the year 1909. GM quickly became one of the biggest automobile company in the world. They got the name GMC Trucks in the year 1912 in a New York auto show. General Motors was formed 1908 in Flint Michigan and and has about 284,000 people working for them around the world. GM's global headquarters is the Renaissance Center located in Detroit, Michigan, USA, They currently manufacture their cars and trucks in 35 different countries.