مصر موتورز مجتمع السيارات

يبدو ان الجنرال ولا هيبيع ولا هيشتري

هيتقفل و يتفكك

بعد ما اكثر من 60% صوتوا في استطلاع للراي على رفضهم ان تأخذ شركات السيارات قروضا

و اليكم التقرير

Poll: 61 percent of Americans oppose Big Three federal aid

According to a new poll released earlier today, nearly two-thirds of Americans are against low-interest federal loans being granted to Detroit’s Big Three automakers. Chrysler LLC, Ford Motor Company and General Motors are seeking between $25 and $34 billion in low-interest bridge loans that they say will prevent them from going under.

A CNN/Opinion Research Corporation poll conducted over the phone Monday and Tuesday to 1,100 people showed that 61 percent opposed government assistance to the three automakers.
Seventy percent of those surveyed said that they thought the loans were unfair to taxpayers, but 43 percent said that one of the automakers falling into bankruptcy would have an effect on them over time.
Georgetown University professor of finance Sandeep Dahiya told CNN that the poll results were “quite surprising.” and that the result “tells you much about how what is good for GM is not good for America.”

و يبدو ايضا ان العديد من الديموقراطيين يرفضون

و هذا من الممكن ان يجعل الصناعه على المحك إذا انتهى برفض الكونجرس ذات الاغلبيه الديموقراطيه

فسيكون امام الشركات خطوه واحده اخرى

و هي بمثابه الخطوه الاخيره

Federal Reserve

و هو ما ترجحه بعض الشائعات

ان الديموقراطيين ينون تصعيد الامر

و اليكم نص لما حدث منذ بدايه الاجتماع حتى الان منقول من تقرير

The fate of Detroit’s Big Three - Chrysler LLC, Ford Motor Company and General Motors - essentially rides on today’s Congressional hearings. After presenting their proposals earlier this week, which called for up to $34 billion in low-interest loans in exchange for CEO salary cuts, restructuring and ditching of corporate perks, the automakers’ CEOs will attempt to persuade lawmakers to approve the loans.

Watch this space for live updates as the story develops. The hearings begin at 10:00 a.m. Eastern
2:31 p.m.
Democrat congressman Jon Tester from Montana stated that he doesn’t want the automakers to invest the proposed low-interest loans in manufacturing facilities outside of the United States.
2:02 p.m.
Ron Gettelfinger said that by the end of December, GM could be gone.
Nardelli asked Congress to set a date by which the automakers must show they are making progress; the date that seemed to be agreed upon was March 31, 2009.
All three CEOs confirmed earlier in the hour that they had arrived in Washington via hybrid versions of their products.
12:52 p.m.
Chrysler, which is asking only for a $7 billion infusion of cash, unlike General Motors and Ford which want continued support, came under fire from Senator Dodd.
“Are we merely providing money because of a business decision that was made?” Dodd asked Chrysler CEO Bob Nardelli. He continued to ask if Congress was “pumping $7 billion into the company” before it is sold.
12:20 p.m.
The CEOs have taken the stage. GM’s Rick Wagoner asked for $4 billion in loans in December and another $4 billion in January in order to accelerate “the restructuring we’ve been undergoing for several years” and to “radically [expand] on those moves.”
UAW President Ron Gettelfinger stressed that a bankruptcy would not allow the automakers to survive.
“Research has indicated that customers will not buy vehicles from a company in bankruptcy,” he said.
He also defended the UAW, which has agreed to new restrictions and concessions. He said that UAW “wages and benefits only make up 10% of the cost.”
11:09 a.m.
“Nobody is going to buy a car from a bankrupt company,” said Democrat Senator Charles Schumer of New York.
“I don’t trust the car companies’ leadership,” he continued.
11:06 a.m.
As the debate continues - with comparisons being drawn to the Chrysler bailout of the 1980s - news comes that Senator Chris Dodd would support the loans. He said that letting the automakers slip into bankruptcy would be like playing “Russian roulette with the entire economy of the United States.”
General Accounting Office acting comptroller Gene Dodaro told the hearing that the GAO recommends a board with strong authority to oversee the use of the federal loans if Congress provides them to the automakers. He recommends that Congress require the companies to provide collateral in exchange for the loans.
10:50 a.m.
After giving their prepared opening remarks, the three CEOs have been met by strong initial skepticism by the Senate Banking Committe.
GM CEO Rick Wagoner admitted that the automakers are in Congress “because we made mistakes.”
Chrysler CEO Bob Nardelli, who arrived in Washington in an electric Jeep Wrangler, said that he has “never attended a more important session where more is reliant upon both the House and the Senate.”
And Ford CEO Alan Mulally, whose company is struggling but isn’t on the verge of collapse like GM and Chrysler, said, “Our plan is working, but there is clearly more to do—something that is increasingly difficult in this tough economic climate.”
9:20 a.m.
Rumors the morning of the hearings indicate that Senators are eager to push the matter to the Federal Reserve, rather than having the Senate Banking Committee make the decision.
Democrat Chris Dodd of Connecticut wrote yesterday to Federal Reserve Chairman Ben Bernanke to ask him if there was anything stopping him from using his lending authority to provide the loans to the automakers, reports the Associated Press.
Senate Majority Leader Harry Reid, D-Nev., said he thinks Congress doesn’t have the votes to rescue the Big Three. He said it was up to the Bush Administration to dole out the $34 billion from the $700 billion already doled out to Wall Street.
General Motors and Chrysler are considering a pre-arranged bankruptcy, Bloomberg reports. It’s a last-ditch effort that, according to analysts, shows the desperation of the situation. Recovering from bankruptcy would be difficult since shoppers might not continue to purchase GM and Chrysler cars until the automakers recover - but recovery hinges on increased sales.

و هذا جعل هناك بعض الشائعات تؤكد على قرب اشهار الافلاس رسميا من قبل جنرال موتورز و كريسلر

لو لم يطلعوا بنتيجه ايجابيه و لو محسوسه من الاجتماع ليستغلوا الاموال التي في هذه الحاله الحكومه ملزمه بدفعها لهم

و اليكم التقرير

Report: GM and Chrysler considering bankruptcy

General Motors Chrysler executives are reportedly considering accepting a pre-arranged bankruptcy as a final measure to gain a bailout package from the federal government, although they insist such a move would most likely lead to a liquidation of the companies.

The latest information comes from people familiar with the internal discussions, who also revealed to Bloomberg that there are a number of options on the table, including bankruptcy with liquidation protection. Discussions are currently taking place between members of Congress, company executives, lenders, union officials and other interested parties.

GM CEO Rick Wagoner has previously stated that bankruptcy was not an option as it would turn away more customers from buying GM products. Chrysler has also previously stated that it does not intend to file for bankruptcy, however the current cash positions of both carmakers say otherwise.

Both will need about $11 billion from the federal government just to remain solvent until the end of the year. For this, they will most likely be asked to cut executive pay, reduce worker benefits, cut the number of brands and products, and launch more fuel-efficient vehicles.