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All items tagged General MotorsOpen Think Tank ArticlesJune 3, 2009 | State-Backed Opel Deal Poses Threat to Free MarketsJens F. Laurson & George A. Pieler : The recent deal to save Opel in Europe, which was backed by the US, German and Russian leaders and included a 1.5 billion euro investment from Germany, is not the end of the story. The deal blithely gave the state control of a major industry - putting free markets themselves at stake. ... MoreMarch 9, 2009 | As the Wheels Come off GM, Opel Goes it AloneChristoph Suess: Instead of forging ahead with its separation from General Motors, German affiliate OPEL should be kept within the GM group. German politicians must engage with their American counterparts in trying to find a transatlantic solution to the auto crisis on both sides of the Atlantic. ... MoreGlobal Must Read ArticlesJune 4, 2009 | US Car Makers Lose out to Asia's Green CredentialsGeneral Motors, the second of the three big US car companies, filed for bankruptcy while the “rising economic might of Asia” appears differently than expected. ++ After the “industrial humiliation” of the US, the world turns its attention towards the developing countries of Asia, who buy more luxury cars than the US and who are closing the gap in manufacturing. ++ Their production focuses on ... MoreDecember 12, 2008 | Put GM, Chrysler and Ford Into BankruptcyBankruptcy is the right path for Detroit car companies. ++ Under “Chapter 11” proceedings they will be able to continue and restructure production. ++ This will not undermine trust in American cars -the company executives of GM and Chrysler have already done that. ++ Pension funds will suffer, but it is better to help them directly. ++ “US workers, working for Japanese carmakers, have shown their ... MoreNovember 17, 2008 | Gas: $3.50General Motors is on the brink of bankruptcy with Ford and Chrysler not far behind. ++ The government must bail out the auto industry as hundreds of thousands of jobs are at stake. ++ A gas tax is the answer. ++ Gas prices should be set to $3.50 per gallon with a variable tax adjusted according to the real gas price. ++ This tax could revenue $17 billion in one month, $140 billion in one year, ... More |
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