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Joe Phillippi


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GM sells old plants, land to raise money

Detroit News (Free subscription) | 01/10/2008

... last week. "What GM is doing is looking to build up as big a cash cushion as it can," said Joe Phillippi, principal of New Jersey-based AutoTrends Consulting Inc. "Sales are down enough as it is, and if the credit crunch gets worse, they're going to need every penny." GM isn't alone in trying to sell assets and raise cash. Chrysler LLC has sold about $500 million in real estate and non-core...

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2009 Pontiac G3: Just Another Aveo

KickingTires (Free subscription) | 18/09/2008

... and gets very good mileage and is very fuel-efficient at the entry-level car range," Hopson said. Joe Phillippi, an auto analyst and principal of automotive consulting firm AutoTrends, said what Pontiac is doing is a necessary part of the business today. "This smacks of Pontiac backsliding from performance to economy cars, but I understand what they're doing and why they're doing it," he...