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American Automobile Industry

"Cash for Clunkers" Is Really Economics for Dummies

Sheldon Filger | Posted 09.04.2009 | Business

Read More: Cash for Clunkers, Auto Bailout, Car Industry, Economic Crisis, Auto Industry, American Automobile Industry, Business News
Sheldon Filger

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.

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Rx for Auto Industry -- No Tax Ours, Double Tax Theirs

Mark Goulston, M.D. | Posted 07.21.2009 | Business

Read More: Automakers, Automaker Bailout, Tax, American Automobile Industry, Foreign Affairs, Economy, Economic Crisis, Financial Crisis, Mark Goulston, Auto Industry, Business News
Mark Goulston, M.D.

Foolish pride may be one of the main stumbling blocks to saving the American auto industry.

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The Rise and Fall of Detroit

Alec Baldwin | Posted 06.17.2009 | Business

Read More: Corvette, Big Three Automakers, Celebrities Talk Politics, American Automobile Industry, Chevrolet, Cars, Ford, Auto Industry, Detroit Bailout, Alec Baldwin Detroit, Alec Baldwin, Business News
Alec Baldwin

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.

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Why Are Congressional Democrats Giving in to Bush on the Auto Bailout?

Mitchell Bard | Posted 01.10.2009 | Politics

Read More: 2008 Elections, Thomas Friedman, John McCain, Mitch McConnell, Chrysler, American Automobile Industry, Honda, George W. Bush, Ford, Democrats, Democrats Congress, Energy Policy, Barack Obama, Auto Bailout, General Motors, Rod Blagojevich, Reducing Emissions, Subaru, New York Times, Car Czar, Mitsubishi, Green Economy, Bank Bailout, Global Warming, Detroit Bailout, Politics News
Mitchell Bard

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.

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Ford To Cut 4,200 Blue-Collar Employees, Report

AP | TOM KRISHER | Posted 10.12.2008 | Business

Read More: Ford, Auto Industry, American Automobile Industry, Layoffs, Business News

DETROIT — Ford Motor Co. has said that it wants to cut its blue-collar work force by another 4,200 employees, according to a person briefed on a...

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Car Industry Group to Public: It's Not All Our Fault, It's Yours Too

Steve Parker | Posted 09.23.2008 | Business

Read More: Gas-Electric Hybrid Technology, Gas Prices, Chevrolet, Chevy Volt, Andrew Card, Gm, American Automobile Industry, Mazda, Captive Imports, Detroit Three, Ford, Ecodriving, Cars, American Automobile Manufacturers Association, Mercedes Benz, Chrysler, Rube Goldberg, Bmw, Chevy, General Motors, Malibu, Alliance of Automobile Manufacturers, Mitsubishi, Plug-in Hybrids, Corvette, Aama, Ecodriver, Aam, Detroit Auto Show, Business News
Steve Parker

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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