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AP
General Motors reports record
sales in Europe
Wednesday July 9, 2008 10:38 am
ET
By Dee-Ann Durbin, AP Auto
Writer
General Motors reports record
sales in Europe thanks to growth
in Russia, Eastern Europe
DETROIT (AP) -- Despite trouble
on the home front, General
Motors Corp. is booming in
Europe.
GM said Wednesday it recorded
record sales of nearly 1.2
million vehicles in Europe in
the first six months of this
year. That is an increase of 3
percent over last year.
GM's sales grew 58 percent in
Eastern Europe and 60 percent in
Russia, offsetting a weaker
market in Spain and Italy. Even
Hummer, a brand GM is
considering selling because of
slow U.S. sales, saw a 21
percent jump in Russia.
GM says its European market
share remained steady at 9.5
percent.
You could change
the country name to China, Japan, Germany, India, or any other country
the USA trades with and the story would be the same. Why? Please write
and express your opinions at the address listed below. And please
forward this article to all those foreign car purchasers you know. They
are killing the America we love so much!
LOCAL COMMENT Detroit Free
Press
Korean trade pact fails U.S.
BY U.S. REP. SANDER LEVIN •
April 27, 2008
Tom Walsh got it wrong in his April 17 column on
the pending U.S.-South Korea Free Trade Agreement ("S. Korean trade deal
worth close look; But emotional debate casts doubt on it getting
approval in Congress"). It is not an emotional debate, but an economic
one, that has derailed the Korea FTA.
Trade
agreements are about the terms of economic competition between
countries. Our negotiators should be fighting for U.S. businesses and
workers by breaking down tariff and non-tariff barriers to U.S. goods
and services.
Consider
the facts: Korea is the fifth largest producer, and the ninth largest
consumer automotive market in the world. We now have an
$11-billion deficit in automotive trade, which is 87% of the total trade
deficit between our two countries. In 2006, Korea sold
700,000 vehicles in the United States; the United States sold only 4,556
in Korea.
The FTA as
negotiated will simply lock in a structure of one-way trade between the
two industrialized nations and allow the Korean auto industry to
continue an export-driven strategy using the profits from its protected
home market to fund R&D and broader incursions into the U.S. and other
major markets.
The FTA
fails to eliminate the extensive use of discriminatory tax structures
and non-tariff barriers used by Korea to keep its auto market closed. We
also know through experience -- two previous Korean formal automotive
trade agreements that the United States called the 1995 and 1998
"Memorandums of Understanding" -- that it is very difficult to move the
Koreans to end these non-tariff barriers.
By giving
away the 2.5% auto tariff and negotiating down the 25% pick-up truck
tariff without linking it to concrete results in assuring the end of
Korea's unfair non-tariff barrier structure, the Bush administration &
congress has locked in the status quo and worse. Korean
automakers win $217 million in auto tariff reductions from the FTA while
tariff reductions for U.S.
automakers amount to just $12 million.
We cannot
accept a model of trade that fails to stand up for U.S. businesses and
workers in the area that now represents 87% of our trade deficit with
South Korea.
U.S. REP.
SANDER LEVIN, D-Royal Oak, chairs the trade subcommittee of the
Ways and Means Committee in the U.S. House. Write to him in care of the
Free Press Editorial Page, 615 W. Lafayette, Detroit, MI 48226
or at
http://www.freep.com/apps/pbcs.dll/article?AID=/20080427/OPINION04/
GM CEO's compensation jumps 64 percent in 2007?????
DETROIT, April 25 (Reuters) - General Motors
Corp (GM.N:
Quote,
Profile,
Research) Chief Executive Rick Wagoner's
salary and other compensation rose 64 percent
in 2007 to about $15.7 million, mainly due
to option grants, according to a proxy filed on
Friday.
Wagoner's compensation rose from about $9.57
million in 2006. The figure was arrived at based
on Wagoner's salary, all other compensation and
the basis of annual grants.
GM paid Wagoner a salary of $1.6 million in
2007, along with $1.8 million in non-equity
incentive compensation and nearly $700,000 for
other compensation that includes insurance
benefits, security, aircraft expenses and other
factors.
GM, which reported a record $39 billion net
loss in 2007, released the figures in a proxy
statement on Friday afternoon that was filed
with the U.S. Securities and Exchange
Commission. (Reporting by David Bailey; Editing
by Andre Grenon)
Why Do Retirees Health Benefits Decrease Every Year & Mr. Wagoner
Receives A 64% Pay Increase?????
Auto News
By Dave Horchler
Updated Daily
Complete Auto News By
Dave Horchler - If you
want to know what is
happening with GM - this
is a must read! This is
your one stop place for
GM NEWS !!!
Participants in 401(k) and other retirement plans can file lawsuits claiming their individual accounts were mishandled, the U.S. Supreme Court ruled in a decision that bolsters the legal rights of 70 million people...
The cost of government benefits for seniors soared to a record $27,289 per senior in 2007, according to a USA TODAY analysis. That's a 24% increase above the inflation rate since 2000. Medical costs are the biggest reason...
DETROIT --
General Motors Corp.
announced today that
it's taken a stake in a
biofuels research firm
that aims to widely
market $1-a-gallon
renewable fuel as soon
as 2011.
HELP TELL GM’S PEOPLE STORY . . . The Detroit Free Press has started two new weekly features highlighting positive activities going on at different companies throughout southeast Michigan. One of the features, entitled "Giving Back," showcases regular employees doing things to further a cause. The other feature, entitled "Solutions & Successes," shows interesting or unique solutions companies have come up with to solve a business challenge.
The Free Press would like to hear stories about GM people making a difference or about General Motors solutions to common business challenges. Please submit ideas for the stories to Tom Wilkinson at tom.wilkinson@gm.com or Brenda Rios at brenda.rios@gm.com.
Ya Gotta Love This. Jim
Heller & Martin Carter
Click Picture To Enlarge
The racing website "Jalopnik"
is featuring this photo
taken at the Texas State
Fair on 26 September
2007. It shows a Toyota
racing trailer being
towed by a Chevrolet
Silverado. Jalopnik
concludes that Toyota
does not have a pickup
capable of hauling such
a heavy trailer and
says, "...it's probably
a little embarrassing to
have the competition
hauling you around by
your trailer hitch."
Even Toyota needs a
Chevrolet Silverado.
Thanks to Al Canales for all the work he put into this!
From time to time,
Overthehillcarpeople.com will "poke" fun at
GM , but we agree with the statement below:
"The
bottom line is we need to be positive and
supportive of the positive things GM is
doing and do our best to promote our
products..........It
would serve no purpose to be otherwise."
Don Thomsen
Member of Overthehillcarpeople.com
Click Pictures To Enlarge
Visit "Members Suite" - "Members Current News" to see who these folks are!
Click Pictures To Enlarge
In October
2007 the Old
Southwest
Region once
again came
together for
a little fun
time. We
met on the
Texas-Oklahoma
border for a
little
gambling,
golf and
just plain
fun. The
weather
wasn't so
good for
golf this
year but we
still
managed to
have a good
time.
Sam Brown
Click Picture To Enlarge
Visit "Members Suite" - "Members Current News" to see who these folks are!
Click Picture To Remember When
Click Picture To Remember When
“No one is completely worthless.
You can always hold them up as
examples of what someone should
not be”
Ray Don Powell
Philosopher - Zone Manager
You Americans Are So Naive!
Click Picture To See Why He
Thinks We Are Stupid
Click Either Picture For The Real Story!
This Will Make You Think And Then Cry!
Click Picture To Enlarge
Hey Jack
One
of the better ones I have seen regarding our "good friend" Hilary.
Hope
all is well
Tom
Reynolds
Chelsea Clinton asked a returning
US Soldier what he feared most.
The soldier said there were only
3 things he was afraid of:
Osama, Obama, and Yo Mama!
This is a
must see. Just when you thought it was safe to wade back into the
political cesspool......
Asked during an interview on CBS’ “Face the
Nation” whether her husband would continue his
aggressive role in her campaign, Hillary Clinton
said he will continue to be with her and support
her.
“My husband has
such a great commitment to me and to my
campaign. You know, he
loves me just like, you know, husbands
and wives get out there and work on each others’
behalf. I certainly did that for him for many
years,” she said. She added that
“what he is doing for me
is obviously out of a sense of deep commitment
to me personally but also based on his
experience as president as to who he thinks
would best lead our country. And I know that in
my own support of him going back some years, I
sometimes got a little bit carried away. I
confess to that.”
“My husband has such a great commitment to
me".........WHAT????
Monica Lewinsky
Click To Enlarge Pictures
Chelsea's new t-shirt:
and, she is
shedding a tear over it....sad.
Tom Bird
Updated October
04,
2006
Rick Wagoner Story
Click Picture To
Read Story!
Cover By Bob Supino
From time to time, Overthehillcarpeople.com will
"poke" fun at GM , but we agree with the statement below:
"The bottom line is we need to
be positive and supportive of the positive things GM is doing
and do our best to promote our products..........It
would serve no purpose to be otherwise."
Don Thomsen
Member of Overthehillcarpeople.com
Click Picture For Details
Click Pictures To Enlarge
Do you know these folks? You can see
who they are in "Members Suite" - "Picture Archives" Page 2, 3, 4, 5, 6, 7, 8,
9,10,11,12,13,14 & 15
Click Pictures To Enlarge
Find Many More Pictures Like These In The Members Suite!
Click Pictures To Enlarge
June 1973
- Broken Arrow, OK.
Submitted By Al
Canales & Allen Lamberson
Click Pictures To Enlarge
Click Pictures
To Enlarge
Find Many More
Pictures Like These In The Members Suite!
Rencen
SPO
GM Building
Durant Hotel
Delphi
Retired Buick
Group In Texas - Annual Meeting Pictures -
Click Here To
See
This Michigan News Paper article
will not be seen in many News Papers across America! Why? Why
has U. S. bashing become the fashionable thing to do? Why do
Americans get in line to drink the Kool-Aid provided by the
Japanese and the News Media. Why can we not see, we (Americans)
are slowly destroying the American economy and our great
country? Please take time to read this article and please take
some action NOW!
If you have
news, pictures and/or documents you will share with the group please e-mail to spoacdc1@aol.com
or regular mail to overthehillcarpeople.com, 5184 Caldwell Mill RD., Suite 204, Box 190, Hoover,
AL. 35244. Please put a note on anything you want returned and it will be done.
Thanks to Dick Hillman, Ron Humerickhouse,
Sam Brown, Bill Dum, Mike Bommarito, Bill Gay, James Conlee, John
Covel, Dick Arntzenand Mario de Castro for the pictures, documents
and information they have supplied! Thanks
guys! 6-01-04 Many thanks to Mario de Castro for the batch of 1986,
1987 & 1989 pictures!
