GLG News by Aluminum Wheels Experts

  The article in the news today about the reduction of health care benefits planned for GM salaried retirees is very sad .We are talking about folks in their seventies and eighties who gave their lives to the company. People who were told almost annually that the size of their wage increases...

Leadership at the top will just double the problem with the merger.

Two weak companies with same failed strategy equals a diaster unless changes at top are part of deal.

As single brand dealership stores fail so does the OEM brand image. You can spin it anyway you like; Independent Dealer, poor management, bad financial risk but at the end of the day perception is reality.

Chrysler LLC announced it was exiting leasing entirely in July and GMAC has discontinued leasing in their Canadian market. This in it self may be considered a risk management avoidance given the current market status, however I find it interesting that Chrysler LLC is owned by Cerberus and Cerberus...

A Sea Change has occurred in the Tire Industry. Major changes in production locations, pricing strategy,capital investment are happening today.

Ford announced it was bringing six European vehicles to the US market and GM announced it was closing four truck Plants and adding shifts and new products to other plants.  While driven by the marketplace and predominantly by the price of fuel, this represents a departure from past downturns.

With US auto sales down 13% in July and the forecast for the balance of the year equally distressing, news for the Tier 1 suppliers is even worse.  The news of existing designed European vehicles being brought to the US quickly , may well mean European companies presently manufacturing parts in...

Where are the leaders on a daily basis. This company needs some real "hands on" leadership to survive.

How long will the “do nothing” board at GM allow Waggoner and his team to continue their destruction of the company? How many restructuring scenarios will they be allowed before their board realizes that the plans presented are not working? When will the top folks be held accountable? Will they wait...