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Old 11-24-2008, 09:24 PM
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Auto Industry Cutting Costs

- Tiger Woods and Buick getting a divorce after 9 years. I guess this means if he wins another brand, he can keep it unlike the Ford GT he gave to his caddy.

- Nissan announced it will not be participating in the 2009 Detroit or Chicago Auto Shows.

- GM announced last week it had given back two of its seven leased corporate jets, and would turn in two more -- and has sharply cut back on corporate travel.

- Ford Motor Co. also announced it is considering the sale of some or all of its five corporate planes.

- Chrysler LLC no longer owns any corporate jets. It started selling its aircraft in 2001 as part of turnaround efforts while it was still part of DaimlerChrysler AG. The last two planes were sold in January of this year, said spokeswoman Shawn Morgan. Chrysler now leases or charters planes per trip, as needed, Morgan said, and usually tries to make sure it is full for all trips.

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Old 11-25-2008, 09:30 AM
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Tiger gave his Ford GT to this caddy? You can't fit any clubs in that thing.....
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Old 11-25-2008, 08:30 PM
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Old 11-25-2008, 08:35 PM
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Quote:
Originally Posted by MTI View Post
- Tiger Woods and Buick getting a divorce after 9 years. I guess this means if he wins another brand, he can keep it unlike the Ford GT he gave to his caddy.

- Nissan announced it will not be participating in the 2009 Detroit or Chicago Auto Shows.

- GM announced last week it had given back two of its seven leased corporate jets, and would turn in two more -- and has sharply cut back on corporate travel.

- Ford Motor Co. also announced it is considering the sale of some or all of its five corporate planes.

- Chrysler LLC no longer owns any corporate jets. It started selling its aircraft in 2001 as part of turnaround efforts while it was still part of DaimlerChrysler AG. The last two planes were sold in January of this year, said spokeswoman Shawn Morgan. Chrysler now leases or charters planes per trip, as needed, Morgan said, and usually tries to make sure it is full for all trips.
All nice window dressing that should be done given their current circumstances but mere drops in the bucket. Cut 150,000 employees and suspend or curtail pensions and they might save themselves.
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Old 11-25-2008, 08:39 PM
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Isn't it funny that they are selling the jets after they get bad press for showing up for a handout in them? When did they announce the sale? Before or after the meeting in Washington.

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