Jeudi 24 Février 2011.
GM's return to health?
http://votreargent.lexpress.fr/bourse/fiches-valeurs/actualite_dep.asp?id=151412GM
General Motors: net profit in Q4
Thursday, February 24, 2011 at 14:28 - By Reuters
General Motors posted a net profit of half a billion dollars for its fourth quarter 2010, earnings per share of 31 cents for a turnover of 36.9 billion.
The automaker said its results were encumbered to the tune of 0.4 billion dollars through a special charge on redemption of preference shares held by the U.S. Treasury, who had intervened in 2009 to save it from bankruptcy.
Net cash flow from operations car came out negative $ 1.7 billion, reflecting a contribution of 4000000000-1 retirement program.
For the full fiscal year, General Motors posted a net profit of 4.7 billion, for a turnover of 135.6 billion.
Copyright (c) 2011 CercleFinance.com. All rights reserved.
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Net cash flow from operations car came out negative $ 1.7 billion, reflecting a contribution of 4000000000-1 retirement program.
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There all is said, or almost.
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load "retirement" penalizes the activity of the manufacturer. This is already what I was saying FORD the U.S. where the burden retirement can be worth, more than one and half times the monthly salary.
One reason, not only for those great group to produce in France.
But that does not stop with this observation, it proves that GM, FORD and some other automakers have just forgotten the Trade of Automotive Manufacturers.
Produce, automobiles solid and lasting in time, to make profits (which will enable the investment), wages and pensions.
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Ie not be assembler automotive gadgets.
That is what our large multinational assemblers. This activity allows assembly to disengage from many burdens inherent in industrial processes, certainly well reduce these charges.
Yet NO.
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Because cars have become like the fridge or washing machines or razors, disposable tools.
Like airplanes, see!
Dear disposable tools, expensive for customers and finally, but logically, expensive for those companies who have forgotten their trade, producing goods with a strong and significant operational life.
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Exactly the opposite is happening: a new model every two years. New, exaggerating nothing new in appearance and full of gadgets to patent and it is costly patent also stupid.
Change a little bodywork and auto glass surfaces is the specialty pharmacies, bluff. I even read a report on (shall remain nameless) claimed that there was a huge potential for innovation that would bring wholesale FRANCE, perfume bottle.
What Costly gadgets automotive assembler, or put European directives, which will cost me dear to me too, as I deliver the information without getting paid back.
the range change is costly.
For it must meet the new equipment, (should not delude the majority of the tools available in quantity massive fortune, since the time reinventing the wheel) remove the old, install the new equipment, test and adjust the chain.
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When you know that VW has sold sixty million ladybugs in the world you will understand the argument I advance.
Ladies and gentlemen, I repeat, the industrial world no longer exists, as already long since the number of patent applications from individuals s and destination of the industrial world fell out, until to disappear.
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However, a social group that denies or prevents the patenting of individuals is logically doomed to become an assembler of gadgets.
Technology is dead, this blog and others say.
Only when it comes to technology, it is not enough to read to be convinced we must also study and found that no one interest. Logically design offices with engineers and many technicians, as in the days of aviation, it's over. There are offices, pharmacies, design, designing products that stop working after five hundred or a thousand hours, self-destruct chip included.
The best example is still U SA HP announced on its website a few years ago: The post printers (and ink for printers especially) generate eight per cent of net profit per second!
But I'll go further, the percentage of product leaving the machines and do not have the qualities required the specifications are increasing sharply. This results in the recall of hundreds of miles of cars, but it affects the electronics industry, you'll know it soon.
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The cause, This is the norm.
Take a peak such as Mt Blanc and put it in a vast plain.
If you are a naive, like me, you will see a sacred mountain in a large and broad plains.
If you are a naive, like me, you will see a sacred mountain in a large and broad plains.
STANDARD says differently: two for percent error; "ACCEPTABLE".
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The "BOSS", the former industrialist, who had mounted the factory or his son were not in the sense of history, it ' can notice, those who knew the reality of numbers, accounting, replaced PATTERNS. ___
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The "BOSS", the former industrialist, who had mounted the factory or his son were not in the sense of history, it ' can notice, those who knew the reality of numbers, accounting, replaced PATTERNS.
Accountants, ignoring the technique, it is surrounded not to engineers, but the technical advice STANDARDS.
A Vision of the World Industrial Accountant Industrial is not a vision that is inherently logical and structuring.
see cf tin zinc refinery north of FRANCE about 1980.
see cf tin zinc refinery north of FRANCE about 1980.
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Standard, is the instrument of impoverishment of the people who produce industrious with wages lower and lower, a protection Social expensive however led to disappear, the worst possible tools to the highest price possible, leading to high unemployment and the arrival of the SLAVERY .
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S. C ARVAJAL
Strategic Management and Innovations.
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