General Motors

For all of us who feel only the deepest love and affection for the way computers have enhanced our lives, read on.

At a recent computer expo (COMDEX),Bill Gates reportedly compared the computer industry with the auto industry and stated, 'If GM had kept up with technology like the computer industry has, we would all be driving $25 cars that got 1,000 miles to the gallon.'

In response to Bill's comments, General Motors issued a press release stating:

If GM had developed technology like Microsoft, we would all be driving cars with the following characteristics (and I just love this part ):

1. For no reason whatsoever, your car would crash........
Twice a day...

2. Every time they repainted the lines in the road, you would have to buy a new car.

We first saw Jay Leno's EcoJet mid-engine turbine coupe at the 2006 SEMA Show in Las Vegas. Leno, with General Motors' Design Chief, Ed Welburn, and Frank Saucedo, who heads the automaker's west coast studio, penned the design concept.

Leno has both a motorcycle and a pickup truck powered by "jet" turbine engines, so the plan was to create an automobile that would run on a similar powerplant fueled by biodiesel.

http://autos.yahoo.c...

http://www.roadandtr...

The Worst Slogan Translations Ever
by The Idiot

13) When Parker Pen marketed a ball-point pen in Mexico, its ads were supposed to have read, "It won't leak in your pocket and embarrass you." The company thought that the word "embarazar" (to impregnate) meant to embarrass, so the ad read: "It won't leak in your pocket and make you pregnant."

12) Scandinavian vacuum manufacturer Electrolux used the following in an American campaign: "Nothing Sucks like an Electrolux."

11) Clairol introduced the "Mist Stick," a curling iron, into Germany only to find out that "mist" is slang for manure. Not too many people had use for the "Manure Stick."

10) Coors put its slogan, "Turn It Loose," into Spanish, where it was read as "Suffer From Diarrhea."

A handout photograph released by General Motors, shows the Project P.U.M.A. (Personal Urban Mobility and Accessibility) electric two-seat prototype vehicle driving on stage for its world debut in New York, USA on April 7. Project P.U.M.A. combines several Segway and General Motors technologies that increase mobility freedom with zero emissions, enhanced safety, seamless connectivity and reduced congestion in cities. –EPA

Washington: You know you’re in trouble when Old Europe chastises you for being too socialist. But, hey, nobody’s perfect — except maybe Michelle Obama, who landed in London with a huge Obama entourage, wearing a daffodil yellow dress and looking like a confident ray of USA sunshine.

In what may have been a gross understatement, General Motors CFO Ray Young summarized 2008 as "a tough year" in a conference call with investors last week. And its future certainly didn't look any brighter today, as Deloitte & Touche expressed its doubts that its carmaker-client will stay viable.

In the GM annual report filed today, the company carried the auditor opinion that GM had warned last week would be coming. "The corporation's recurring losses from operations, stockholders' deficit, and inability to generate sufficient cash flow to meet its obligations and sustain its operations raise substantial doubt about its ability to continue as a going concern," wrote Deloitte.

NEW YORK:

With every one minute ticking on the clock, the companies from across the world are terminating an average of five positions -- taking
the total job losses in the first two months of 2009 to about four lakh.

While a few are calling it simply layoffs and terminations, others have nomenclatures like right sizing, voluntary separation packages and workforce optimisation.

With the global economic downturn forcing one and all to adopt various cost-cutting measures, firms are estimated to have already cut close to 10 million jobs during 2008, but, with no immediate recovery in sight from the ongoing crisis, more steps are being taken to save every single penny.

In reporting a near-record 2008 loss, the automaker says auditor Deloitte is expected to raise the question in its opinion. General Motors warned that it anticipates receiving a "going concern" opinion from its auditors, underscoring in yet another way the depth of the embattled automaker's financial problems.

GM said the company and its auditor, which is Deloitte & Touche, "must determine whether there is substantial doubt about GM's ability to continue as a going concern."