£22.60

General Motors & Chrysler: Assistance & Exit From The Troubled Asset Relief Program (Transportation Issues, Policies and R&D: Economic Issues, Problems and Perspectives)

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Price distribution over 91 days • 5 price ranges

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Most common range: £30-38 (29 days, 31.9%)

Price range: £23 - £61

Price levels: 5 price ranges over 91 days

Description

Substantial federal assistance allowed GM and Chrysler to restructure their costs and improve their financial condition. Through federally-funded restructuring, GM and Chrysler reported lowering production costs and capacities by closing or idling factories, laying off employees, and reducing their debt and number of vehicle brands and models. These changes enabled both companies to report operating profits and reduce costs enough to be profitable at much lower sales levels than ever before. Nevertheless, to remain profitable, both companies must manage challenges affecting both their costs, including debt levels, and vehicle demand, such as launching products that are attractive to consumers amid rising fuel prices. This book examines the role of TARP assistance in the restructuring of the U.S. motor vehicle industry with a focus on unwinding the government stake in GMAC and Chrysler.

Product Specifications

Format: hardcover
ASIN: 1619420724
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Conditions
Domain: Amazon UK
Release Date: 11 June 2012
Listed Since: 23 September 2011

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General Motors & Chrysler: Assistance & Exit From The Troubled Asset Relief Program (Transportation Issues, Policies and R&D: Economic Issues, Problems and Perspectives)

It has never been this cheap. We have no record of a lower price.

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