How Bad is the US Auto Market

Source :http://www.motorintelligence.com

Note- As a professional site for tracking automobiles market in the United States  this is one of the best sites .I quote from their website itself ”

About Motor Intelligence

Founded in 1990, Autodata Corporation has grown to become the benchmark source of custom automotive statistical data, market intelligence and analysis to the OEMs, Wall Street Analysts and financial institutions. Autodata specializes in on-line electronic delivery of custom management reports, data and proprietary analysis in a near-real time environment. Autodata is the primary outsource supplier of on-going confidential market analysis to major brands.

The graphic is from NYT from their data.The table below is available as a download from their website along with more ,better detailed data.

Continue reading “How Bad is the US Auto Market”

Layoff Economics

A quote attributed to Stalin said ” The death of one man is a tragedy , that of a million is statistics.” I was reminded of this while watching the unemployement numbers in the United States which numbers now in millions, and as lawmakers grilled auto makers for their high wages, inefficiency in return for a bailout.

 

The contrast between the white collar bailout for financial services and blue collar (predominantly) automobile industry. The same law makers ( then with more Republicans ) had not argued so much while handing out 700 Billion for a now dis credited plan to buy up toxic assets. The next  plan for cash infusion in return for equity was usurped by the financial services industry with little trcikle down credit unfreezing. The financial services industry has long been accused of exorbitant pay, bonus mentality and the culpabilty in selling toxic derivatives with huge amout of over leverage is clear, including the speculation in commodities.

 

Yet the automobile industry which has millions of jobs , much lower pay has been steadily downsizing as it faces aggresive competiton and is now even more regulated than the financial services industry was – they have to burn and plead while asking for one fifteenth of the amount.Both GM and Ford sold off their stakes in Suzuki and Mazda respectively, so it can be said they are purely domestic manufacturers.It  is almost a catch 22 situation with the interwined and inter dined interests of politicians , union leaders, auto mobile manufacturers.

 

Why the current US administration cannot pick up stakes in the auto mobile giants is beyond me. They can look at the Indian government’s successful efforts to create a domestic auto industry by first creating a partnership with Suzuki , and then steadily divesting it to the public.Even the five year 5 % loan facilty can be given.

 

The good news is companies like GM have cars like the GM Volt ready, which are extremely good from a mileage perspective. The loan to these manufacturers can be made conditional to accelerating environmental regualtions and mileage conditions they have to meet. If they dont meet it, they can be penalised by extra rates of interests.

The default of auto manufacturers especially in the bonds issued ( the equity stakes have dwindled to very little value) will have an impact on the financial services world too.

The layoff of one man is a tragedy , especially when he gathers his family around the dinner table. Daddy wont be bringing home the bacon any more ,as he looks into the bright eyes of his adoring kids and wife.

The layoffs of millions of men due to shoddy economic thinking and lack of follow through in strategic impact of these actions , will be statistics. Just like Stalin said.

 

What can the average American do ? Pick up that phone, and make the call to your elected leaders to support your fellow citizens.Election time may be over , but there are still campaigns to be done.

 

(* The Author has worked with leading auto mobile manufacturers as well as with financial services companies in the past. The views expressed here are his own).

 

www.cit.gu.edu.au/~anthony/icons/dragons/

The Race -by D.H Groberg

The Race
by D. H. Groberg

Whenever I start to hang my head in front of failures face,
my downward fall is broken by the memory of a race.

A childrens race, young boys, young men; how I remember well,
excitement sure, but also fear, it wasnt hard to tell.

They all lined up so full of hope, each thought to win that race
or tie for first, or if not that, at least take second place.

Their parents watched from off the side, each cheering for their son,
and each boy hoped to show his folks that he would be the one.

The whistle blew and off they flew, like chariots of fire,
to win, to be the hero there, was each young boys desire.

One boy in particular, whose dad was in the crowd,
was running in the lead and thought My dad will be so proud.

But as he speeded down the field and crossed a shallow dip,
the little boy who thought hed win, lost his step and slipped.

Trying hard to catch himself, his arms flew everyplace,
and midst the laughter of the crowd he fell flat on his face.

As he fell, his hope fell too; he couldnt win it now.
Humiliated, he just wished to disappear somehow.

But as he fell his dad stood up and showed his anxious face,
which to the boy so clearly said, Get up and win that race!

He quickly rose, no damage done, behind a bit thats all,
and ran with all his mind and might to make up for his fall.

So anxious to restore himself, to catch up and to win,
his mind went faster than his legs. He slipped and fell again.

He wished that he had quit before with only one disgrace.
Im hopeless as a runner now, I shouldnt try to race.

But through the laughing crowd he searched and found his fathers face
with a steady look that said again, Get up and win that race!

So he jumped up to try again, ten yards behind the last.
If Im to gain those yards, he thought, Ive got to run real fast!

Exceeding everything he had, he regained eight, then ten…
but trying hard to catch the lead, he slipped and fell again.

Defeat! He lay there silently. A tear dropped from his eye.
Theres no sense running anymore! Three strikes Im out! Why try?

Ive lost, so whats the use? he thought. Ill live with my disgrace.
But then he thought about his dad, who soon hed have to face.

Get up, an echo sounded low, you havent lost at all,
for all you have to do to win is rise each time you fall.

Get up! the echo urged him on, Get up and take your place!
You were not meant for failure here! Get up and win that race!

So, up he rose to run once more, refusing to forfeit,
and he resolved that win or lose, at least he wouldnt quit.

So far behind the others now, the most hed ever been,
still he gave it all he had and ran like he could win.

Three times hed fallen stumbling, three times he rose again.
Too far behind to hope to win, he still ran to the end.

They cheered another boy who crossed the line and won first place,
head high and proud and happy — no falling, no disgrace.

But, when the fallen youngster crossed the line, in last place,
the crowd gave him a greater cheer for finishing the race.

And even though he came in last with head bowed low, unproud,
you would have thought hed won the race, to listen to the crowd.

And to his dad he sadly said, I didnt do so well.
To me, you won, his father said. You rose each time you fell.

And now when things seem dark and bleak and difficult to face,
the memory of that little boy helps me in my own race.

For all of life is like that race, with ups and downs and all.
And all you have to do to win is rise each time you fall.

And when depression and despair shout loudly in my face,
another voice within me says, Get up and win that race!

-This is a nice poem I found on the net. Hope you liked it.

Ajay

Making Money Online: John TP

An Indian online pioneer is Mr John TP of www.johntp.com . With some 3000 Feedburner readers, he knows a trick or two about retaining and attracting traffic. His niche is the how-to or online equivalent of do-it-yourself blogging , which is how to make more money. Some of the tips are really handy and his whole site is designed thoughtfully.

It may not be as good looking as some international non Indian sites that I have seen, but from a pure no nonsense blogging tip site- it is quite nice.Maybe John needs to spend some of that money on getting the creatives done ,rather than edit the css himself. The coding tips he writes are quite simplistic and extremely useful for non-coders.

Recommended if you are starting a blog or website for making money ( which www.DecisionStats.com is not- its a non-profit as opposed to a non-making profit)

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Carbon Footprints in the snow

Carbon Foot Print in terms of electricity usage-

 

 

A study at http://www.climatetalk.org.uk/downloads/CarbonCostofChristmas2007.pdf

"An analysis of the carbon footprint of Christmas in the UK shows that consumption of items such as food, travel, lighting and gifts at Christmas produces as much as 650 kg of carbon dioxide (CO2) emissions per person – equal to 5.5% of the UK annual carbon footprint. Over Christmas, the average person could produce as much as:

  • 26 kg of CO2 from Christmas food
  • 96 kg of CO2 from Christmas Car travel
  • 218 kg of CO2 from extravagant lighting displays
  • 310 kg of CO2 on Christmas Shopping

Christmas carbon emissions could be reduced by up to 60 per cent to about 250 kg"

 

A good article that discusses the weighted average cost of carbon has been published by KyotoPlanet, view the http://kyotoplanet.newspaperdirect.com/epaper/viewer.aspx

Now I would be the last person to recommend you cut down on Christmas spending ( unless your mortgage ,credit card company are giving trouble – which they are doing for everyone)

A site here tells you to offset your carbon footprint by planting trees. So go ahead, leave your fottprint but try and plant a tree too.

http://www.carbonfootprint.com/plantingtrees.html

"Each tree planted ‘offsets’ your environmental impact by ‘breathing’ in about 1 tonne of CO2 emissions over its lifetime of 100 years. It is estimated that the average person needs to save about 7,000 kg of CO2 per year. So planting just 7 trees each year is one strategy for achieving this.

All trees planted are native broad-leaved trees, which as well as taking in CO2 also provide sustainable habitat for wildlife and enhance the natural landscape."

These could be an emerging market opportunity for planting trees, saving the world , making a profit ( and you dont have to be James Bond to save the world)

Ancient Hindu texts said that planting a tree is as beneficial as having seven sons ( or daughters in todays world).

So go ahead- shop for christmas, get a Christmas tree and plant some more trees.

It’s the season of joy- and in 2008 it starts early 🙂

Sources- Compiled from Wikipedia and the indispensable ,inevitable www.google.com

Newsletters by FeedBlitz

 

In case you did not know it the best free newsletter is by www.feedblitz.com, with much more features than  www.feedburner.com which was a pioneer in the field of burning RSS feeds and making them into newsletters. So if you have a blog,a corporate intranet, or a group of friends, family you want to publish a newsletter to – try these sites. For free of course- though FeedBlitz has premium features to help get you rid of the default ads.

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