head care for autogigant General engines
DETROIT (DUTCH PRESS AGENCY) - General engines (GM), the
largest car producer in the world, finds oneself in difficulties.
The American concern, which is Wednesday annual returns
publishes, makes heavy losses at the European subsidiary company Opel
and at the Italian partner fiat a financial debacle threatens.
The debt of the concern has run to astronomic altitude and the
financiële branch, GMAC, makes less profit. The confidence
of beleggers threatens shrink further.
The first onrustbarende indicators occurred in Europe, at
establishments of Opel in Germany. In sum work for GM
approximately 60,000 people in Europe, of which 33,000 at
Opel-fabrieken. Since 2000 GM in Europe have suffered, where
also owner is of Saab and Vauxhall, large losses, in sum 3 billion
dollar (2.3 billion euro). For these slightly in at perken, the
coming years must more than 12,000 job Opel-vestigingen in Germany and
België disappear at;.
Moreover there it is dragging and especially precious conflict
with fiat. GM took an importance of 20 per cent in the
autodivisie of fiat in 2000. In the contract fiat got the right
sell the rest of the divisie also to the Americans. A capital
injection which got the destitute Italian company afterwards, ensured
complications. According to GM as a result, the obligation
expired to buy the rest of the shares. The italianen are not it
with that once and require in exchange of giving up the option an
amount of 3 billion euro in cash.
The problems of GM are worsened by the enormous debt of 291
billion dollar (226 billion euro). The profits of GM are not
sufficient relay the debt. Moreover the profit figures are
pressed by a setback at the health insurance for the staff of a
billion dollar (800 millions euro). Also the forks on sale of
Cadillacs, Chevrolets and Oldsmobiles in the US walk back by a felle
price war. For 2005 GM expect thus a fall of the profit.
Finally are there Bbb-kwalificatie the those GM got of the
credit valuer Standard & Poors. That means that the
kredietwaardigheid of GM have decreased to a very doubtful level.
If that still a step becomes lower, be considered by GM bonds
issued as ’junk bonds’, or worthless and
onbetrouwbaar.
It is clear that the company looks much has. Gm-topman
Rick Wagoner have the task from discomfort the tij turn and the
concern to obtain. Possibly is announced Wednesday at the
publication of the year results new initiatives on top of the measures
earlier taken <! - - showBanner('336X280 ', ' MIDDLE); //-->
<! - - showBanner("120x600", "RIGHT");
showBanner("120x120", "TOP"); / --> <! - -
if(document.referrer &&
(document.referrer.toLowerCase().indexOf("www.msn) > 0|| document.referrer.toLowerCase().indexOf("entertainment.msn") > 0|| document.referrer.toLowerCase().indexOf("msn.telegraaf.nl/") > 0|| document.referrer.toLowerCase().indexOf("telegraaf.nl/msn") >
0)) {document.write("");} //--> © 1996-2004 daily the telegraph.
All rights reserve e-mail:
info@dft.nl Disclaimer
document.write("Grootste stijgers); petroplus i 17.88%
exendis 8.33% gouda vuurv 7.33% the nederlan 5.00% middle EUR 3.50%
document.write("Sterkste dalers); dico collect
-15,38% logicacmg
-4,66% hitt
-4,12% than plc
-3,29% spyker cars
-2,72%
Today = new Date () concern funds with previous lock of 1 euro
or higher <! - -; if (today.getHours()==7||today.getHours()==8||(today.getHours()==9&&today.getMinutes()<16)) {
document.write(''); document.write(' indicative score of rates
during openingopening opening phase '); } //-->
Statistics convert Damrak (mln stuks) 133.8 A E X
grafiek='/grafieken/aex_104_INTRADAY_134_142_linear.png;
document.write("");
I N D I C E S AEX
17:56 354,22
-0,01% AMX 17:56 423,17
-0,40% Eurotop 100 17:29 2.278,42 0.03%
BEL-20 17:41 2.969,49
-0,18% FTSE 100 17:35 4.823,90
-0,50% CAC-40 17:56 3.875,02
-0,17% DAX 17:40 4.250,71
0.12% SMI 17:31 5.739,40
-0,40% Dow Jones 17:36 10.592,58 0.33%
Nasdaq 17:41 2.098,75 0.52%
V A L U T A EURO/GBP 0.6977 EURO/chf 1.5448
EURO/jpy 133.5584 EURO/dollar 1.3046 Dft-Commercials <! - -// var page
= ' www.dft.nl/stijgersdalers/';// oas_ad('TopRight, 121, 173);
showBanner('121X173 ', ' RIGHT); / -->
Source "head care for autogigant General engines": telegraph
Head index page of "head care for autogigant General
engines"
|
|
|
|
