The Obama team cast its eyes toward workers' economic anxiety Sunday with the naming of a high-level task force to be led by Joe Biden, giving the incoming vice president a defined role in the administration's domestic policy.
Since its debut in the early '90s as the manly man's answer to what to drive when a Dodge Ram pickup is just too damn small, the mighty Hummer has been celebrated and reviled as a metaphor for American bravado -- and wretched American excess.
Now that the automakers in Detroit have been turned down by the Senate, it looks like there will be no delay in what was likely an inevitable failure in the automobile industry in America.With the Jobs Report recently received showing historic rates of unemployment, and looming j …
It's my turn. I want a bailout. Not hundreds of billions of dollars to the auto industry for making an inefficient, dirty product that Americans have stopped buying.
Excellent summary of the US Auto Makers request to congress for over 34 Billion $US. Emphasizes the plans that Ford, GM and Chrysler have to make more eco-friendly cars in the next 1-3 years.
Michelin is now pushing its Active Wheel concept that can simplify how vehicles are built and reduce the manufacturing overhead for auto companies: 'no more engine under the front or rear, no more traditional suspension system, and no more gearbox or transmission shaft...all esse …
Our new President and Congress have a tremendous opportunity to deal with a large number of long-term problems in a synergistic manner. 1. Automobiles: develop programs to cut down the number of cars, and of miles driven per person.
When it comes to the� Big Three , the only compelling argument they can make at this late date-if a man strapped with explosives can be said to be making an argument-is they will not suffer alone.
But suddenly, all of Mr. Thomas's success appears to be melting away. Days go by without a sale. His debts are mounting. His friends offer him cash to get by. "I'm trying to survive as a car dealer," said Mr. Thomas, now 59, "and I don't know if I can."
For all the hoopla about consumers driving cars that burn natural gas, the fledgling industry has more growth potential as a fuel for delivery fleet vehicles such as those used in the snack, beverage, furniture, landscaping or laundry industries.
The US government should just buy Ford, Chrysler, and GM outright, and hold a fire sale of any unnecessary assets (including the McMansions of the CEOs).
"It has become conventional wisdom that the reeling U.S. auto industry desperately needs to innovate. The hard part for Detroit is working out how.
Let's start with the fact that it's not $70 per hour in wages.
President-Elect Barack Obama's transition team is considering a "prepackaged" bankruptcy plan for automakers as a solution to the looming cash-flow crisis, Bloomberg News reports Friday.
LOS ANGELES -- The 2009 Volkswagen Jetta TDI was named Green Car of the Year Thursday, the first time a diesel has won the award.
Excerpt: I hate to say it, but somebody has to: Satellite radio will come crashing down to Earth within the next two years. The newly merged Sirius XM Radio is already living on borrowed time -- and borrowed money -- and simply will not and cannot survive.
Suppose you worked hard, invented a better mousetrap and your product was so successful that you registered sales of $171 billion over the past 12 months. How much would your company be worth?
From the Autopia Unintended Consequences Department comes this dispatch from Tippecanoe County, Indiana, where researchers at Purdue University say the majority of drivers have no problem going 5, 10 or even 20 mph over the speed limit and see no risk in doing so.
Find a new ownership group. The culture must change. It is time to turn the page. In the high technology sector there are several candidates for ownership of a major car and truck manufacturer.
It will be left to the Obama administration to sort out whether, or in what way, the government might advance new billions to GM and Ford.
The US government should order a complete replacement for its vehicle fleet to be delivered over the next four years. The new vehicles must be either plugin electric hybrid, pure electric, or possibly natural gas.
To Timbuktu by flying car: it sounds the most unlikely journey on earth; a sci-fi voyage from the pages of Jules Verne. But this is no fantasy. The car really flies.
Last September, I was in a hotel room watching CNBC early one morning. They were interviewing Bob Nardelli, the C.E.O. of Chrysler, and he was explaining why the auto industry, at that time, needed $25 billion in loan guarantees. It wasn't a bailout, he said.