7月3日
American carmakers
That shrinking feeling
Jul 2nd 2008
From Economist.com
High petrol prices land Detroit’s Big Three in even deeper trouble
AP/Shutterstock
THE share price of General Motors (GM), America’s biggest carmaker, fell to $10.57 on Monday June 30th, valuing the giant firm at little more than $6 billion. In 1954, the last time GM’s share price was this low, the Cadillac Eldorado had yet to grow fins and the Volkswagen Beetle was still a novelty.
通用汽车是美国最大的汽车制造商,在6月30日礼拜一那天,它的股票价格下降到10.57美圆,因此估价这个巨大的公司的市值为稍多于60亿美圆.在1954年,最近一次通用汽车的股票价格跌至这个低价时, 凯迪拉克埃尔拉多还是必须增长价格并且大众甲克虫汽车仍是个新鲜事物.
词组:
Share price 股票价格
fell to 减少到,削减
value at 估价为
grow fins 涨价???
替换:
General Motors (GM)/ America’s biggest carmaker/ the giant firm
GM’s woes are shared by the other two members of Detroit’s Big Three. Ford has abandoned all hope of returning to profit as promised in 2009(请问下这个as是做连词省略了Ford has,还是做副词?怎么翻译) appears to be bracing itself for an even bigger loss in 2008 than last year’s $2.7 billion. And on June 26th Chrysler had to deny rumours that it was preparing to file for bankruptcy.
通用汽车的痛楚,底特律的三大汽车制造商中的另外两家也在经历.福特公司已经放弃了恢复赢利的所有希望…并且似乎正在为自己在2008年一个更大的损失做准备,这个损失多于2007年的27亿美圆.在6月26日, 克莱斯勒汽车必须否认一些传言---它正在为申请破产做准备.
Woe: n. 悲哀,悲痛
Share woes 分担悲痛
Abandon hope 放弃希望
Return to回到,恢复,重新采取
deny rumours 否认谣言
file for 申请
It was not meant to be like this. At the beginning of the year both Ford and GM were expecting the credit crisis to knock sales in the first half of the year, but they were still cautiously optimistic that they would soon reap the rewards of their expensive and painful turnaround plans. Along with Chrysler, they had just secured a big package of concessions from unions that went a long way to closing the production-cost gap with(请问with 怎么理解?)the lean, non-union North America factories operated by Asian and European rivals.
它并不意味着象这样.在这一年年初,福特和通用公司期望信用危机来削减上半年的花费,但是他们仍然谨慎地乐观,认为他们会很快收回他们的昂贵和痛苦的趋利计划的回报.随同克莱斯勒汽车,他们已经获得了来自联盟的很大的让步,这个让步非常有助于用被亚洲和欧洲竞争对手所操控的倾斜的非联盟的北美工厂来缩小生产和花费的距离???
credit crisis 信用危机
knock sales 削减花费
reap rewards 收获利益
turnaround plan 有所好转的计划
Along with 随同….,随着..
secure a big package of concessions 得到很大的让步
went a long way to+ doing 非常有益于…
close gap 缩小距离
operate factory 经营工厂