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Survey says auto execs pessimistic about future
Auto executives across the globe are increasingly pessimistic about their industry, and only a small number expect their companies' profits to rise in the next five years, according to an annual survey. LLP. Many expected Detroit's three automakers to continue their market share decline during...
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Personal Bankruptcy Filings Exceed 1 Million
By: steph10
According to WSJ.com, consumer bankruptcies topped one million for the first nine months of this year, the highest point since the system was overhauled in 2005. The number of personal bankruptcy filings for the nine months rose to 1,046,449 as of September 30, the American Bankruptcy Institute, an organization comprised of attorneys, accountants,...
about 1 month ago
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- News Source: CNN | 10 months agoThe survey of 200 top executives from automakers and suppliers around the globe found 77% expect more industry bankruptcies, compared to just 36% who expected an increase in bankruptcies a year ago. So far, major automakers have avoided bankruptcy in...
- News Source: Palm Beach Post | 10 months agoAuto executives across the globe are increasingly pessimistic about their industry, and only a small number expect their companies' profits to rise in the next five years, according to an annual survey. LLP. Many expected Detroit's three automakers...
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