iOS app Android app

Auto Industry Bailout

U.S. Government Sells Off The Rest Of Its GM Stock

AP | TOM KRISHER | Posted 12.10.2013 | Business

DETROIT (AP) — The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far wors...

GM To Become Less Government-Owned

AP | TOM KRISHER | Posted 08.05.2013 | Business

DETROIT — The U.S. government plans to sell another 30 million shares of General Motors stock in a public offering on Thursday as it speeds up e...

2012 Election: Trust and Leadership vs. Racism and Bigotry

Miles J. Zaremski | Posted 12.29.2012 | Politics
Miles J. Zaremski

Why do I say Obama has shown us trust and leadership? He came into office facing the worst financial crisis brought on by an administration to which Romney wants to return us second only to the great depression of the 1920s.

Morgan Freeman and Bruce Springsteen Stand up for Obama and America

Brent Budowsky | Posted 12.24.2012 | Politics
Brent Budowsky

In the closing days of a high-stakes election that will be determined by turnout, great stars such as Morgan Freeman and Bruce Springsteen stand tall fighting for the future of America.

Reality Check, Gov. Romney, Detroit Doesn't Forget

Gov. Jennifer M. Granholm | Posted 12.23.2012 | Politics
Gov. Jennifer M. Granholm

Mitt Romney has the nerve to argue that his plan for the industry in his now-famous New York Times op-ed piece, "Let Detroit Go Bankrupt," was the plan that the Obama administration eventually did: a managed bankruptcy.

Women, Ohio and the Clintons Will Make the Difference for Democrats

Brent Budowsky | Posted 12.19.2012 | Politics
Brent Budowsky

If you believe certain Republicans who have anointed Mitt Romney as the next president, I have a binder full of reasons they are wrong.

Jobs Plus National Pride Equals Auto Industry Rescue Worth It

David Kiley | Posted 10.03.2012 | Detroit
David Kiley

It's hard to believe, as we come into the last 90 days or so of the presidential election, that the rescue of General Motors and Chrysler, and most of the rest of the U.S.-based auto industry, is still being debated three years after the fact.

Why Romney Isn't Trusted

Brent Budowsky | Posted 09.11.2012 | Politics
Brent Budowsky

The Romney campaign raises profound questions for voters and the media. Voters do not like or trust Mitt Romney.

Major U.S. Automaker Sees Best June In Five Years

AP | DEE-ANN DURBIN | Posted 09.02.2012 | Business

DETROIT (AP) — From mini cars to monster pickups, sales of new cars and trucks surged in June and eased concerns that Americans would be turned off ...

Run It Like a Business? Really?

Patricia McGuire | Posted 08.22.2012 | DC
Patricia McGuire

Let's stop trashing academic governance while exalting corporate governance as perfect. There's a need for governance reform in many businesses, and it all coalesces around innovation, speed to market, inclusion of those affected and ethics.

Three Years Later, Will the Auto Rescue Skeptics Finally Admit They Were Wrong?

Rep. Gary Peters | Posted 08.15.2012 | Detroit
Rep. Gary Peters

Three years after this amazing turnaround, the effort to discredit one of the greatest economic success stories of the last decade shows just how out of touch the Republicans are.

The Shyster: How Romney Will Promise Anything to Be President

Michael J.W. Stickings | Posted 07.24.2012 | Politics
Michael J.W. Stickings

As the Trojans might have said, beware of people named Mitt Romney making promises they cannot possibly keep.

In Colorado, Romney Says He's Flip Flopped Only Once!

Jason Salzman | Posted 07.11.2012 | Denver
Jason Salzman

Reporters shouldn't let Romney get away with saying he's a one-time flipper.

China Trade: A 'Target Rich Environment.' Now, It's American Auto Parts

Leo Hindery, Jr. | Posted 05.20.2012 | Politics
Leo Hindery, Jr.

American-made products can compete globally just fine, thank you -- their manufacturers only need to be in fair fights in order for these products to do so.

Ann Romney Fires Back At Bill Clinton

The Huffington Post | Luke Johnson | Posted 03.02.2012 | Politics

Ann Romney struck back at former President Bill Clinton's contention that George Romney must be "turning over in his grave" over Mitt Romney's opposit...

Auto Industry Turn-Around Is a Two-Party Success

Ken Blackwell | Posted 04.24.2012 | Politics
Ken Blackwell

This auto industry recovery is an example of both parties working together to help save a national treasure in our auto industry and preserve jobs in industries that depend on auto manufacturing.

I Was There -- Why Romney Is Still Wrong on Michigan's Auto Industry

Rep. Gary Peters | Posted 04.15.2012 | Detroit
Rep. Gary Peters

Today, because of President Obama's commitment to Michigan, Detroit's auto industry is leading America's economic recovery, but this never would have happened if Mitt Romney had his way.

Obama Distances Himself From New Economic Sputters

AP/The Huffington Post | Posted 08.04.2011 | Politics

WASHINGTON -- Distancing himself from new economic sputters, President Barack Obama on Saturday declared that recent "headwinds" were the result of hi...

This Super Bowl Sunday, the Auto Industry Beats the Spread

Sean Cassidy | Posted 05.25.2011 | Business
Sean Cassidy

I know I'll be watching with great interest on Sunday night when so many auto brands write that new chapter in the narrative that is the relationship between people and their cars.

Ford Planning To Hire 7,000 U.S. Workers

AP | DEE-ANN DURBIN | Posted 05.25.2011 | Business

DETROIT — Ford Motor Co. says it will add more than 7,000 workers in the U.S. over the next two years, including 750 engineers with expertise in...

GM Wants 'Some Relaxation' Of Government's Pay Restrictions

Posted 05.25.2011 | Business

WASHINGTON (By John Crawley) - General Motors Co Chief Executive Dan Akerson said on Friday that the automaker is seeking "some relaxation" in the re...

A Time To Speak Out Against Racism

Ben Daniel | Posted 05.25.2011 | Religion
Ben Daniel

What do we do when a person (in this case, me) disagrees with someone who appears to be infected with the kind of racism that made the Holocaust possible?

How The Auto Industry Bailout Pulled One Indiana Town Back From Brink

AP | CHARLES WILSON | Posted 05.25.2011 | Business

KOKOMO, Ind. — Jerry Price remembers the eerie silence less than two years ago when he walked through one of the transmission plants that long p...

The Auto Industry a Year Later

Lawrence H. Summers | Posted 05.25.2011 | Business
Lawrence H. Summers

The auto industry turnaround wasn't an accident of history. It was the result of considered and politically difficult decisions made by Pres. Obama to provide GM and Chrysler a lifeline.

Cash For Clunkers Ends, But Stimulus Isn't Over

Ashley Rindsberg | Posted 05.25.2011 | Business
Ashley Rindsberg

With the auto industry showing national gains from a single government program -- and further gains from a creative, privately funded plan -- the country might have found the right way to do stimulus.