Texting and Driving
By donar | Related entries in Cars, Cartoons, Political GraffitiTweet
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It’ll be a while before we know if this arrangement will work or not, but I can’t help but think a new G.M. that builds better, greener autos will be competitive in the future. From NY Times: “We deeply appreciate the support we’ve received during this historic transformation and will work hard to repay the [...]
Hello this is Mike Fritz from the American News Project. We have a new story out that focuses on those most affected by the bailout of General Motors: laid off autoworkers. It examines one of the central tensions in the public takeover of the company: Should federal dollars be spent building a lean, mean business [...]
Interesting link to new corporate logos… Tweet
Not too many people are dancing over the news of GM’s bankruptcy, but opinions are decidedly mixed on what the government ownership of the car company will mean. Lee Cary, of American Thinker sees the era of Government Motors dawning with coercive attempts to force a Green fleet onto American consumers. This, in Cary’s opinion, [...]
All the kings horses and all the bond deals couldn’t keep GM from cracking. As feared, the car giant has filed for bankruptcy. Now what? The plan is for the federal government to take a 60 percent ownership stake in the new GM. The Canadian government would take a 12.5 percent stake, with the United [...]
This is an extreme example, but I can’t help but think car companies can easily hit the 35 MPG mileage standards Obama is about to lay out if the following is possible for a street ready car. From Green Car: Volkswagen’s CEO, Martin Winterkorn recently confirmed the company is working on a car that will [...]
This is a pretty big stake in the ground, because they’ll be using California’s standards…the toughest in the nation. No doubt you’ll be hearing that this is bad for business, but that’s what they said about seat belts, airbags and every other time CAFE standards were raised. And I think we’re all fairly aware that [...]
In a bid to survive bankruptcy, Chrsyler is closing nearly 800 dealerships, a full quarter of the company’s dealers. The dealers themselves had no say. While bankruptcy may be a better long-term solution for Chrysler than continued government bailouts, the short-term will not be pretty. Car dealerships provide a lot of jobs and a lot [...]
Despite all the government assistance and talk of providing more, GM lost $6 billion last quarter with earnings dropping by 47%. GM executives say car buyers are turning away from GM out of concern the company will end up in bankruptcy and won’t honor its warranties. Could the prospect of bankruptcy help force bankruptcy? To [...]