American Freedom
Source: American Freedom
FUNNY CIGARETTES or SOMETHING IN THE WATER? Let's see the Obama Administration loaned the auto industry $82 Billion
Report: Detroit Faked Consumer Demand for SUVs
Source: pcmag.com
Detroit routinely insisted throughout the past few decades that their consumer studies proved the American buying public wasn't interested in fuel efficient vehicles, and preferred big, profitable SUVs and pickups, as reason for Detroit's truck-heavy product lineups.
Tesla Motors – The Tucker for the 21st Century
Source: The Automotive Lyceum
The company has ambitious plans and intends to expland its line up of electric vehicles. Tesla plans to release by late 2011 the Model S all electric sedan, which is to sell for $49,900 after a $7,500 federal tax credit. A subcompact will follow with a price less than $30,000.
Service lets drivers borrow a car whenever they want
Source: The Detroit Free Press
Drivers like Al McWilliams increasingly concern the auto industry. McWilliams is part of a growing community of people who don't own a car and don't want to. He has no monthly car payment. He doesn't pay for insurance or gas or parking fees.
Car dealers appeal ruling on California emissions
Source: breitbart.com
WASHINGTON (AP) - Auto dealers and business leaders have appealed a decision by the Environmental Protection Agency to allow California to establish the nation's first greenhouse gas standards for cars and trucks.
The world has not seen such a global recession in a long time. It seems to have been around for ages without an end in sight.
GM and Chrysler steer different paths to recovery
Source: FT.com
By Bernard Simon in Toronto Published: August 14 2009 19:02 | Last updated: August 14 2009 19:02 Detroit's two embattled carmakers, General Motors and Chrysler, have been a study in contrasts since their emergence from court-supervised restructurings in recent months.
100 days that reshaped the U.S. auto industry
Source: CNN
President Obama ended his first 100 days in office amid hopes that both General Motors and Chrysler Group might both still avoid bankruptcy. In his second 100 days, he created a new U.S. auto industry.
A 'Free-Market Capitalist' loves "Cash for Clunkers" Plan
Source: RealClearMarkets
As a free-market capitalist who does not believe in artificial spending and pump-priming from Uncle Sam, I'm going to eat a little crow with the following statement: At this moment in history, if we're going to use fiscal stimulus as Washington insists, I favor extending the cash …
House Adds $2 Billion to Car-Rebate Program
Source: The New York Times
Officials at the Transportation Department figured Thursday morning that they had applications in hand for about a tenth of the $1 billion that Congress set aside for the "cash for clunkers" program, meant to give rebates to people who turn in old vehicles for new, more fuel- …
Today it was announced by the U.S. department of transportation. that the C.A.R. incentive was to be cancelled at Midnight on Friday the 31st.
Woes continue for world carmakers
Source: BBC News
Carmakers PSA Peugeot Citroen and Nissan have both reported substantial losses in the face of continuing declines in global vehicles sales.
I find myself wondering why it is that G.M. has given up on the Pontiac brand, given that success isn't that far away.
Now that President Obama has nationalized much of the financial sector and two thirds of the auto industry, remaking this once proud industry into a bottomless taxpayer funded candy dish for the UAW...
Nissan to create hundreds of jobs
Source: BBC News
Nissan has announced that its Wearside factory will start producing batteries for electric cars, which is expected to create 350 new jobs.