Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
 
 
Behind the Wheel Video Gallery
The UK's trade deficit widened to an eight-month high in September as the number of imported cars rose sharply. Neil Mac...
The Nikkei 225 finished up 0.2% at 9,808 Monday, but volume was down at a 6-week low. Fast Retailing, Suzuki Motor, and ...
LEBEAU'S AUTO INDEX
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

BEHIND THE WHEEL VIDEO

» More

Current DateTime: 09:34:01 10 Nov 2009
LinksList Documentid: 30830730
Expiration DateTime: 11/10/2009 9:36:30 PM
    • Car Imports Widen UK Trade Gap  10 Nov 2009

        The UK's trade deficit widened to an eight-month high in September as the number of imported cars rose sharply. Neil MacKinnon from VTB Capital spoke to CNBC about the outlook for the UK and sterling.

    • The Nikkei Business Report  09 Nov 2009

        The Nikkei 225 finished up 0.2% at 9,808 Monday, but volume was down at a 6-week low. Fast Retailing, Suzuki Motor, and Kubota were top gainers, but major power companies were among the hardest hit. Makiko Utsuda from The Nikkei has more.

    • Fiat's 5-Year Road Plan for Chrysler  05 Nov 2009

        Fiat said its 5-year road plan to turn around Chrysler will result in the doubling of revenue. "There is no alternative but for Chrysler to be ambitious at this point," Stefano Aversa, co-president of restructuring specialists Alix Partners, said Thursday. "They have plenty of cash."

    • Ford's Safer Seatbelt  05 Nov 2009

        Ford is unveiling its groundbreaking seat belt. CNBC's Phil LeBeau has the details.

    • Chrysler's Rebirth  05 Nov 2009

        Chrysler is kicking off its rebirth and hoping its new game plan will please the government as well as the industry. Mike Jackson, chairman and CEO of AutoNation, shares his insight.

RSS FEED

» Help

Current DateTime: 09:34:02 10 Nov 2009
LinksList Documentid: 30830722
powered by digg

Behind The Wheel

Text Size
Nov.26
9:12 AM ET
Wednesday, 26 Nov 2008
In A Crippled Auto Industry, Reasons To Give Thanks

AP

In all my years as a reporter, I've seen and experienced many Thanksgivings that have touched me. From a family in Lincoln, Nebraska inviting me in to share their feast, to spending the turkey day enjoying a meal with firefighters in Wichita, Kansas. This year, however, I will spend the day with my family and think of workers at an auto supplier in Ohio.

Earlier this week I spent the day at a company as it told approximately 70 workers that some of them will soon be laid off. The reason was not surprising: Business has plunged (due to the auto business hitting the brakes) to the point where the company has no choice but to cut jobs. I've worked in news rooms when layoffs have been announced, and I've covered companies when they've cut thousands of jobs. Neither was easy, but not as rough as seeing the owner of this company tell workers some of them will soon be out of work.

This is not the only company in the auto industry going through this painful exercise. Nor will it be the last. There is a storm hitting this industry, and in the aftermath, many hard-working men and women will find themselves out of a job.

This is not about whether or not you think Congress should bail out the Big Three to keep the industry from collapsing. This is simply about giving thanks if you have a job.

From auto companies in the Midwest to Wall Street firms in New York, thousands of laid off workers will spend these holidays wondering where their next job will be. Blue collar or white collar, it doesn't matter. These people are hurting.

So this Thanksgiving, give thanks for all that you have. Give thanks for your family, your health, and yes for having your job.

_____________________________________
Click on Ticker to Track Corporate News:

- General Motors [GM  Loading...      ()   ]

- Ford Motor [F  Loading...      ()   ]

- Toyota Motor [TM  Loading...      ()   ]

- Nissan [NSANY  Loading...      ()   ]

- Honda Motor [HMC  Loading...      ()   ]

_____________________________________

Questions?  Comments? 

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 02:47:39 10 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:02:20 10 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 04:56:52 10 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:02:20 10 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters