Kurkin Forehand Brandes E-Newsletter
GM’s New CEO Addresses the Rampant Speculation, But Maybe Also Adds to It
By Alex Kurkin
“It is just speculation,” said Fritz Henderson during GM’s Friday, April 17, conference call, intending to quell the rumors and create greater transparency. Henderson was addressing various issues with this comment – the dealer network, brand planning strategies, government funding and the status of discussions with bond holders.
US Government’s New Warrantees Commitment Programes
By Marc Brandes
In an effort to prevent the further erosion of consumer confidence from becoming an insurmountable obstacle to the viability plans of GM and Chrysler, the Treasury Department has announced a new Warrantee Commitment Program. Essentially, anybody purchasing a new GM or Chrysler vehicle during the restructuring period will have their warrantee backed by the Federal Government.
Obama Administration Remains Confident with GM
By Alex Kurkin
While the Obama Administration did not again open up its checkbook for GM, it made clear that it is willing to do so. In fact, it concluded that GM may very well be deserving of such money, but not just yet.
[Full Story] |
The U.S. Government is Not Sold on Chrysler
By Mark Brandes
The Obama Administration has made clear that it wants the automotive industry to remain and return to viability. However, its analysis of Chrysler seems to suggest that there is little reason for optimism about the future of the company.
[Full Story] |
Red Flag Rule Help
The Red Flag Rule requires many businesses and organizations to implement a written Identity Theft Prevention Program. Have vendors confused you about this new rule? Are you no longer sure what you need to do? Many companies are still answering these questions affirmatively. For those that fall into this group and for those that simply want confirmation, you can now go to the source. No, not Kurkin Forehand Brandes; but rather, the FTC. It has just launched a new website that explains the rule and helps with solutions. Go to www.ftc.gov/redflagsrule.