Economic

Treasury Expands Auto Sales Incentives For Six States
Treasury Expands Auto Sales Incentives For Six States

On Thursday, the Treasury Department announced new rules that will help auto sales in six states; Alaska Deleware Hawaii Montana New Hampshire Oregon Drivers in these states likely felt left out of the U.S. Treasury's old program that incentivized new auto sales by making it easier to deduct state...Read More»

Alan Mulally
Ford Boss Alan Mullaly Sees Light At End Of Tunnel

Unlike General Motors and Chrysler LLC, Ford Motor Company (F) has maintained a more normal outward appearance as the organization has navigated through this current economic storm. For example, Ford introduced the 2010 Ford Mustang at the 2009 Los Angeles Auto Show.  GM and Ford did not even hold...Read More»

'Biggest Bankruptcies in History' via GOOD and Always With Honor
Graphic: Biggest Bankruptcies In History

Lots of people are complaining about the General Motors bankruptcy--at least the part about the federal government's multi-billion-dollar involvement in it. As a matter of fact, chances are pretty good that you're among those doing the grumbling. If so, perhaps you'll take comfort in this graphic...Read More»

U.S. Capitol
How Long Will GM Be Government Motors?

At recent U.S. Senate hearings on the auto bail out, yesterday's testimony by Auto Task Force Ron Bloom leaves one of two impressions; the Feds have good intentions and are heading in the right direction, or the government is clueless and operating in the dark (some would add, "as usual")...Read More»

2011 Chevrolet Cruze
GM Ramping Up Small Car Production With World Wide Model

  Decades after GM wouldn't listen to Edward Deming (the father of the Toyota Way, the Japanese manufacturer's secret production sauce), General Motor's Gary Cowger, GM's group VP for global manufacturing and labor relations, is on the PR train talking about the company's vision for new production...Read More»

Pile of junk cars
Cash For Clunkers: Junk Legislation?

As our own Richard Read reported this morning, there's news from Capitol Hill that the "Cash For Clunkers" legislation is moving forward. Who could be against a program that speeds up the elimination of bad, evil vehicles, helping bunnies and wild flowers to breath more easily across the globe? As...Read More»

Rush Limbaugh
Rush Limbaugh To GM Workers: Drop Dead

Democracy and John Stuart Mill's marketplace of ideas are often shrill, and almost always messy, in practice. And clearly people of good faith--and the rest too--disagree on aspects of the Detroit bailouts put together by the Obama Administration. But now right-wing radio talk-show host Rush...Read More»

Jeep American Flag
'Buy American' Provision To Boost U.S. Development Of Electric Vehicles

You may recall that there's a mammoth bill on energy policy in the works, and that in addition to the fairly contentious regulations put forward in the American Clean Energy and Security Act, there's also a cash-for-clunkers amendment wrapped up in its tailpipe. Now, things have become slightly...Read More»

U.S. Senator Bob Corker (R-TN)
Senator Bob Corker Moves To Protect Disenfranchised Dealers

You might remember U.S. Senator Bob Corker (R-TN) from such hits as "The 2009 Auto Show tour" and "Don't close my GM plant!" Well, now the man who's had it in for Detroit is working on legislation to help dealers who've been cut by Chrysler and General Motors. In a nutshell, Corker's legislation...Read More»

2010 Volvo XC60
Pricing: 2010 Volvo XC60 Just Announced

I liked the 2010 Volvo XC60 from the moment I laid eyes on it earlier this year. The XC60 is the Swedish car company's first foray into the compact crossover segment—the same niche that includes a number of new entries this year; the 2010 Lexus RX350, the 2010 Cadillac SRX, the 2010 Mercedes-Benz...Read More»

Money, money, money
Feds Launch $7 Million Program To Retrain Laid-Off Autoworkers

Even with billions in government funds rushing toward Chrysler and GM, it's clear that America's automakers aren't going to have the huge employee bases they once had--at least, not for a good long while. To help the thousands of autoworkers who've lost their jobs as a result of the economic...Read More»

Ford Oval on WHQ
GM and Chrysler Bankruptcies Cause Ford Worries About Competing

If you've thought about the General Motors and Chrysler bankruptcies for even a minute, ramifications for Ford Motor Company quickly surface as a big, "Hmmmm, wonder how that's gonna work out." Certainly, the folks at The Glass House (Ford's Dearborn, Michigan HQ) have been wondering. And wringing...Read More»

Audi A4 fueled by biogas
Link Love From The Car Connection: Audi Outraces Bugatti, Cash-For-Clunkers Rears Its Head, And A Look Back At The Top 50 Car Ads

♦  GM goes bankrupt, Susan Boyle loses a talent show, and a biogas-huffing Audi A4 (to your left) outraces a Bugatti? The 21st century is a strange and scary place. [Wired] ♦  Even the New York Times has gotten a little weepy over General Motors' fate. Check out their slideshow of...Read More»

Holden
General Motors' Holden Division Avoids Bankrputcy Axe: Cool RWD Chevrolets Still A Possibility

  In a move that mimics what might happen within an extended celebrity family, General Motors' Australian division, Holden, released a statement today that's essentially said, "We're doing just fine down here, thank you." The official language was more formal, and we quote, "Holden will continue...Read More»

2010 Ford Mustang
Smoking The Competition: Ford Planning To Increase Production

With GM following Chrysler into bankruptcy, Ford is again bucking the trend by quietly announcing that it plans to increase production in the third quarter of this year (beginning this month for those of you who aren't accountants). This move continues a trend of optimism that Ford Motor Company...Read More»

2009 Chevrolet Corvette
General Motors Products After Bankruptcy: Our Picks For Chevrolet

  We're a bit ahead of things, but what will General Motors look like when it emerges from Chapter 11 (provided it happens as planned on Monday, June 1)? Looking first at Chevy, here are my predictions on what will stay and go and when: Chevrolet Corvette: Makes money, a halo car for Chevy, hated...Read More»

Anti Union Button
Right To Work: A Huge Issue For Detroit Manufacturers

  Three cheers for the Detroit News's Manny Lopez. His recent column on the issue of Right To Work addresses a huge issue for domestic auto manufacturers. As one who has benefited from what the United Auto Workers initially stood for (safer work places, and fair pay for work provided), I've also...Read More»

Bond Holders View of GM
GM Makes Sweet Move With Bondholders

Just as Chrysler is moving through its bankruptcy, General Motors is working to make more friends at it heads toward a similar fate. The Detroit News reports that GM has sweetened its offer to bondholders in an effort to bring them on board to support the company's restructuring. Bondholders, owed...Read More»

Renaissance Center
The City of Detroit: Getting Its Due If GM Leaves Ren Cen?

While it may not make much difference to the world where General Motors has its HQ, it's big news here in Detroit. Yesterday, Jim Fouts, the mayor of Warren, Michigan, said he was delivering a proposal to GM about moving their HQ from Detroit's hopefully-named Renaissance Center out to the suburb...Read More»

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