Tag: market
Obama Administration Announces U.S. Manufacturing Plan
by admin on Dec.25, 2009, under Manufacturing
The Obama administration will announce a push today for a $5-billion boost to a tax credit for green manufacturing, along with a seven-point plan to slow job losses at U.S. manufacturers.
The plans come as Vice President Joe Biden hosts business leaders this afternoon to talk over ways to boost jobs in a sector that employs fewer Americans now than it did in World War II.
The administration’s plans tout U.S. manufacturing as a source of strength for the economy in areas such as fuel-efficient vehicles and biotechnology. But the plan faces several tough hurdles to taking effect, including international trade, government spending and relations with China.
Analyst Predicts a Win for GM
by admin on Oct.17, 2009, under Automotive, Chevrolet
A U.S. market share climb to 22.4% could help silence critics of turnaround plan
General Motors’ U.S. retail market share is being projected to climb 3.3 percentage points this month over the past three months’ average.
Such a feat would be a win for GM and could help silence some industry doubters who have questioned assumptions GM used in crafting its turnaround plan.
The success of GM’s plan is largely based upon its market share expectations and overall sales growth from the historic lows of the past year.
