It may be too optimistic to call 2012 the year of recovery in the car world, but it's the strongest year since 2007, and one that sees the domestics doing quite well on every metric.
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For automakers, December delivered 2010's strongest monthly sales totals, invigorating industry hopes for a more prosperous year to come.
Automakers converged on Detroit this week for the annual North American International
Auto Show, where they introduced their latest models and conce...
Using borrowed money to subsidize the purchase of foreign made automobiles does not make economic sense. "Cash for Clunkers" is a showroom lemon masquerading as brilliant economic policy.
Foolish pride may be one of the main stumbling blocks to saving the American auto industry.
There can be only one legitimate response to the auto crisis. Let energy conservation and fuel efficiency rule the day. Let the carmakers go under.
You would think that winning the White House and overwhelming majorities in both houses of Congress would instill some backbone into Democrats on Capitol Hill. You would, of course, be wrong.
It's the same story we've been hearing from car-makers, especially those in Detroit, for the past 30 years: "Just wait a little longer and we'll have those new cars and trucks you've been hoping for."
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