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Motor Racing Reacts to Worldwide Recession

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

With car sales suffering worldwide, the marketing and advertising budgets, where many companies keep their racing dollars, are often the first budgets to be trimmed.

"Transplant" Automakers Get Over $3.6 Billion in Subsidies; More Unions, Ralph Nader Comment

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

This post has the latest news on the billions in subsidies which off-shore transplant carmakers have received from state and local governments.

Bottom-up Blindness; The Reason to Fire Detroit Execs

Rob Kall | Posted 05.25.2011 | Business
Rob Kall

The Big Three management is stuck with a petrified top-down mentality that's unable to provide the vision and leadership necessary for American auto manufacturing to succeed.

Auto bill clears House; Should it pass the Senate, too?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

And now, it's on to the Senate! The House today passed, 237 to 170, HR 7321, the automotive loan bailout bill, and has sent it on to the Senate. H...

So GM Gets Bailed Out and Brings Us the Chevy Volt...and Then What?

Matthew DeBord | Posted 05.25.2011 | Green
Matthew DeBord

As Congress closes in a "short term," bailout of the Big Three Detroit Automakers, it's time to ask what their product plans for the future are going to be, if they survive.

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?

Analysis: Toyota Takeover Could Save GM

Truthdig | Michael D. Intrilligator | Posted 05.25.2011 | Business

In his prepared remarks before the Senate Banking Committee on Thursday, General Motors CEO Rick Wagoner Jr. spoke of the urgent need for federal assi...

Car Sales Tank; Detroit Visits DC, Pt. II

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Now that they have our attention, the Detroit Three, in plans submitted to Congress Tuesday, increased their appeals for federal loans from $25 billion to $34 billion.

Congress Bails out Those Who Shower Before Work, but not Those who Shower After Work

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.

Apparently, It's the Government's Fault Detroit Is Bankrupt

Andrew Winston | Posted 05.25.2011 | Business
Andrew Winston

We're seeing an amazing act of willful ignorance here. The predicament that Detroit has found itself in is an American business tragedy. Let's not make it worse by lying to ourselves.

The Case for Bailing out the Big Three

Brian Ross | Posted 05.25.2011 | Business
Brian Ross

Apparently there is one thing that liberal and neo-con think-tanks can agree upon: Let Ford, General Motors, and Chrylser fail.

Compressed Natural Gas Cars: What Are They?

Huffington Post | Johanna Smith | Posted 05.25.2011 | Green

Surprise: the most eco-friendly car sold in America isn't the Toyota Prius. It's the Honda Civic GX, which runs on compressed natural gas, according t...

Journalist to GOP: You're 100 Percent Wrong About U.S. Automakers

Diane Tucker | Posted 05.25.2011 | Business
Diane Tucker

"People who say the U.S. doesn't innovate are woefully out of touch with Detroit's standing in this business."

Greening Hollywood: Rosario Dawson Takes Home EMA's Futures Award

Paige Donner | Posted 05.25.2011 | Entertainment
Paige Donner

Rosario Dawson took home the Futures Award and remembered her days as a child when she had no choice but to compost.

Save SUVs First, Then Kill Them Really Dead

Matthew DeBord | Posted 05.25.2011 | Green
Matthew DeBord

Assuming a federal bailout, it makes sense that, over the next few years, American carmakers will be re-engaging with the small-car market.

Tata Shall Lead Us

Matthew DeBord | Posted 05.25.2011 | Green
Matthew DeBord

India's Tata Motors represents a modern-day version of what Detroit could have become if it had begun to adjust its products to obviously impending future needs back in the 1970s.

Auto Industry Drops 32%; GM Plummets Over 45%

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Obama has consistently shown his support for an American car-making industry, a modern and green industry able to build the kinds of cars and trucks people will want to buy.

Lewis Hamilton Wins F1 Championship; First Black Driver in Sport's History

Steve Parker | Posted 05.25.2011 | Entertainment
Steve Parker

Lewis Hamilton, 23 and the first Black driver in the history of Grand Prix racing, won the World Driving Championship on Sunday, the most coveted title in all of motorsports.

Detroit Has to be Saved

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

The de facto Depression underway worldwide will trigger consolidations. Strong will eat weak; cash-rich will eat debt-laden and consumer spending will shrink along with economies.

NHTSA: Ford's Chinese Tire Troubles; Kerkorian Selling Ford; Unsafe Knock-Offs; Americans Driving Less

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

There's good news, bad news and -- finally -- some smart, encouraging news by and for American drivers.

One American Carmaker -- Our Best Solution?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

If the Detroit Three were to merge into one company, ownership shared with the American people, it could benefit everyone; the carmakers, their dealers and their customers

Hybrid, alt-fuel, clean-diesel taxis in NYC? Maybe not ...

Steve Parker | Posted 05.25.2011 | Green
Steve Parker

Cleaning-up the air is always in everyone's best interest, and one big way to make an impact on air quality is for a community or city (or nation) to ...

Late Car Payments Now Total $25 Billion; US May Lose 700 Dealerships This Year

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The number of people late on their monthly car and truck payments is huge, represented by nearly $25 billion worth of consumer auto loans that are delinquent.

Honda Rolls Out New Hybrid, Looks To Challenge Toyota

New York Times | JERRY GARRETT | Posted 05.25.2011 | Business

Honda issued its challenge to the Toyota Prius on Thursday, introducing the Insight hybrid at the Paris Motor Show. "Honda is committed to taking a l...

Gassing Up and Down: How to Improve Your Mileage

Bob Schildgen | Posted 05.25.2011 | Green
Bob Schildgen

A higher-than-rated mpg is quite achievable. On one occasion, I got 42 mpg on the highway, simply by maintaining a speed of 55 mph and using the cruise control.