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Auto Industry

Detroit's Next Step; Analysis of Rescue Proposal Here

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

It's always nice to own part of any failing automotive giant from the last century, if the companies are still not viable three, six or even twelve months from now, what will taxpayers' ownership be worth?

The Auto Bailout and Post-Partisanship?

Hoyt Hilsman | Posted 05.25.2011 | Politics
Hoyt Hilsman

This is a mess. Everybody in the auto industry is staring into the abyss - the automakers, the unions, the suppliers, the dealers - not to mention the government and the taxpayers.

General Motor's VP Bob Lutz's Green Pose

James Hoggan | Posted 05.25.2011 | Green
James Hoggan

I think the U.S. legislators contemplating this auto industry bailout package should demand Bob Lutz's resignation before dribbling a single dollar into GM's leaky pockets.

Automotive Chiefs Announce Further Restructuring, Closing Ohio

Aemilia Scott | Posted 05.25.2011 | Business
Aemilia Scott

Over the last few years, sustaining Ohio has become less profitable for automakers. When the state began to run at a loss, the Big Three began selling off pieces to Germany and Japan.

Why the World Needs Green Motors, not General Motors...

Gavin D. J. Harper | Posted 05.25.2011 | Green
Gavin D. J. Harper

Whilst the CEOs of these great companies fight to keep them alive in the 21st century, how relevant is it to have three competing with each other to produce last century's technology?

Krugman: Concentration Of US Auto Industry Will Probably Disappear

AP | MALIN RISING | Posted 05.25.2011 | Business

STOCKHOLM, Sweden — Nobel economics prize winner Paul Krugman said Sunday that the beleaguered U.S. auto industry will likely disappear. "It wi...

Should the Government Bail Out Hip Hop?

Casey Gane-McCalla | Posted 05.25.2011 | Entertainment
Casey Gane-McCalla

Just like rappers, Wall Street execs spend obscene amounts of money on strippers, cars, vacations and houses. How come their houses and cars aren't being repossessed like all the rappers?

80% Of Consumers Won't Buy A Car From A Company That Files Bankruptcy

Jane Hamsher | Posted 05.25.2011 | Politics
Jane Hamsher

Nobody on cable news seems to think that consumers will have any problem buying cars from a company that has filed for bankruptcy.

Bailout? Detroit on His Mind

Rick Horowitz | Posted 05.25.2011 | Business
Rick Horowitz

On their last visit, the auto execs asked Congress for $25 billion in bailout loans. A nice round number. So nice and round that it sounded like it had been plucked from thin air.

Let Them Eat Hummers

Scott Thill | Posted 05.25.2011 | Business
Scott Thill

For years, we have been exporting pollution and excess to the rest of the world, in the form of gas hogs that don't work, suck up cash and destroy the environment.

NASCAR Car of Yesterday: Emblematic of the Detroit Problem

Dawn Teo | Posted 05.25.2011 | Business
Dawn Teo

Instead of taking advantage of cutting edge technology, American automakers and NASCAR tap into obsolete technology that even car consumers aren't buying anymore.

The Gray Lady Bitchslaps Auto Workers

Allison Kilkenny | Posted 05.25.2011 | Business
Allison Kilkenny

The Big Three claim their industry is tanking not because of their refusal to change their gas-guzzling car designs, but because evil workers are demanding their contractually promised benefits.

It Takes a Movement to Save an Auto Industry

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

Picture a massive caravan of thousands of people effected by the auto industry landing up in front of the Capitol demanding action to save their jobs and staying there until Congress acts.

Obama's Industrial Challenge

Marco Trbovich | Posted 05.25.2011 | Politics
Marco Trbovich

Globalization's cheerleaders claim unfettered free trade has created astronomical income growth, but the majority of working Americans haven't seen the improvement in their bottom lines.

Reading The Pictures: Shaming Detroit (While Wall St. Walks)

Michael Shaw | Posted 05.25.2011 | Media
Michael Shaw

2008-12-05-shaw_auto3.jpgWhat was completely predictable, if thoroughly heavy-handed, was the way the visual media shaped "The Return Of The Auto Executives" into a classic morality play.

What Would Moses Do?

Francine Hardaway | Posted 05.25.2011 | Politics
Francine Hardaway

We should be selling cars like clothes: big family? You need a big car. Small family? You don't get to drive a Hummer for one person.

Fire Paulson: He's Working for the Banks

Jennifer Donahue | Posted 05.25.2011 | Business
Jennifer Donahue

Do you think Paulson wanted an enforcement mechanism in the bill? Not if the banks wanted liquidity more than they wanted to lend.

Desperate: Chrysler Executive Warns Auto Industry Collapse Could Spark Depression

AP | TOM KRISHER and KIMBERLY S. JOHNSON | Posted 05.25.2011 | Business

DETROIT — Worried about their jobs and warned that the cost of failure could be a depression, hundreds of leaders of the United Auto Workers vot...

The Short End of The Socialist Stick

Paul Jenkins | Posted 05.25.2011 | Politics
Paul Jenkins

What we have is De Gaulle-style socialism (state-funded corporations, cronyism, an overstuffed military), but without free and decent French schools, doctors and trains.

The Automobile Bailout Solution: Unique and Simple

John R. Price | Posted 05.25.2011 | Business
John R. Price

It makes more sense for Congress to tell ExxonMobil, ARCO, Chevron, ConocoPhillips and their fellow travelers that they should lend the automobile industry $25 billion

Auto Industry Collapse: Who Gains From Detroit's Pain

US News And World Report | Rick Newman | Posted 05.25.2011 | Business

You'd think an automotive apocalypse was nigh. In their pleadings to the government, executives from General Motors, Ford, and Chrysler make it sound ...

UAW Will Renegotiate Terms, Modify Jobs Bank

AP | KIMBERLY S. JOHNSON | Posted 05.25.2011 | Business

DETROIT — The United Auto Workers said Wednesday it is willing to change its contracts with U.S. automakers and accept delayed payments of billi...

US Automakers Consider Selling Saab, Volvo

AP | MALIN RISING | Posted 05.25.2011 | Business

STOCKHOLM, Sweden — The Swedish government confirmed Monday it is in talks with General Motors Corp. and Ford Motor Co. after a report that the ...

Opportunities in the Big Three Bailout

Terry Curtis Fox | Posted 05.25.2011 | Business
Terry Curtis Fox

The CEOs need to be replaced by ambitious executives with a commitment to public service. There's an excellent model for recruiting such professionals. It's called the U.S. Attorney's Office.

Out of Line: Auto Makers

Mort Gerberg | Posted 05.25.2011 | Politics
Mort Gerberg

Should the Government Bail Out the Big Three U.S. Automakers? HuffPost Bloggers Weigh In...