Stephen Girsky
Stephen Girsky
challenge chrysler extremely partner third
The integration of Daimler and Chrysler is a big challenge and the integration of a third partner would have been extremely difficult.
billion burning cash coming earnings flow held looks pay revenue worse
All things considered, their earnings held up better than expected. But their cash flow was worse than expected. They have to pay their suppliers for parts, but they have no revenue coming in. It looks like they're burning off about $2 billion a month. That's a lot.
admitting avoid forces government paying recall unless
By not admitting a flaw, Bridgestone will probably try to avoid paying for any of the recall unless the government forces it to.