Monday, March 9, 2009

FORD & UAW CUTS DEAL

Executives at Ford and Representatives of the UAW (United Auto Workers) just announced an agreement that allows for certain employee benefits to be curtailed in order to bring costs in line with their competitors'. This is good news as it shows that the union is flexible and willing to concede long held positions to help the company survive these difficult times.  Experts also view this as a model from which GM and Chrysler can use when negotiating with their unionized workers.
 
The auto sales forecast numbers remain bleak. Sales were down for all the Big Three Auto companies. Yahoo News reported on March 3, 2009 the following US sales numbers for the Big Three Auto companies from the previous 12 months. General Motors was down 53%, Ford was down 48% and Chrysler was down 44%.

READ MSNBC ARTICLE 
READ YAHOO NEWS ARTICLE           

Monday, March 2, 2009

IS CLEAN COAL A LIE?

Don’t be fooled. Despite the many millions of dollars spent by the coal industry to promote the concept of “clean coal”, not one of the 600 plus coal burning power generating plants in the US exercise clean coal concepts. That’s what the Coen Brothers and Reality, a coal industry watchdog, wants the public to consider.
 
The term “Clean Coal Technology” is a catchall phrase for technologies that try to reduce the emission of pollutants generated by the burning of coal. The process includes the re-capture and treatment of impurities by chemical process. 

WATCH "AIR FRESHENER" BY THE COEN BROTHERS 
READ THE REALITY FACT SHEET ON CLEAN COAL 

DETROIT'S PRIUS PROBLEMS

Here’s Detroit’s problem. While they were busy flying their executives to meet with members of Congress for hand-outs, a group of auto engineers and designers from Toyota were getting ready to introduce the next iteration of the Prius Hybrid. The new model slated for the market in 2010 claims it can achieve an average of 50 MPG. Given the history of this company, it’s certain that even before the unveiling they were already looking for a way to make the 2010 Prius obsolete by making the next model a better car as defined by its customers. And every time they do that, they also come a step closer to making their competition obsolete.
 
READ THE PRIUS ARTICLE BY FASTCOMPANY