Detroit Bailout

Page: << 1 2 3 4 5 6 >>

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

Steve Parker | Posted 01.13.2009 | Business

Read More: Change to Win, Herbert Hoover, Chrysler, Decherd, Buffalo, Honda, Blue Springs, Mercedes-Benz, Cars, Montgomery, Ford, Volkswagen, Senators, Nissan, Infrastructure, Princeton, Benedict Arnold, General Motors, Hyundai, Greensburg Indiana, Essential Action, Ralph Nader, Uaw, Lafayette, Toyota, Canton, Detroit Three, Ohio, San Antonio, United Steelworkers, Kia, Huntsville, Democrats, Foreign-Owned, Good Jobs First, Treasury Secretary Henry Paulson, Bush Administration, Chattanooga, Detroit Three Loans, Bmw, Subaru, International Association of Machinists and Aerospace Workers, Transplant, Tax Exempt, Smyrna, Unions, Japanese Transplants, Spartanburg, Republicans, Detroit Bailout, Auto Industry, Business News

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

Read Post

The Republicans Want A Depression

Hale "Bonddad" Stewart | Posted 01.12.2009 | Business

Read More: Economy, Auto Bailout, Depression, Detroit Bailout Failure, Auto Bailout Failure, Auto Industry, Detroit Bailout, Business News

At a time when the US economy cannot withstand another shock the Republicans have decided that is exactly what they want. Instead of helping Detroit out, they put ideology ahead of the country.

Read Post

Hypocrisy on Parade

James Moore | Posted 01.11.2009 | Business

Read More: Financial Crisis, Auto Bailout, Detroit Bailout, Business News

Was Detroit supposed to anticipate $150 barrel oil any more than Wall Street was expected to know they were playing a funny money game with credit derivative swaps and collateralized debt obligations?

Read Post

Obama: Rescue Detroit and Buyout Gas Guzzlers

Diane Francis | Posted 01.11.2009 | Business

Read More: Environmental Policy, Trade Deficits, Oil Imports, Gasoline Prices, Green, Obama, Reaction Against Detroit Bailout, Age of Oil, Cars, Oil Prices, Gas Guzzlers, Detroit, Environment, Fuel Efficiencies, Detroit Bailout Reaction, Detroit Bailout, Canadian Oil Imports, Business News

The U.S. and Canadian governments should devise a scheme to get the gas guzzlers off the highways.

Read Post

Modern Joads

Jeff Danziger | Posted 01.11.2009 | Business

Read More: Chrysler, Automaker Bailout, Gm, US Automakers, Rick Wagoner, Ford, Cars, Nardelli, Alan Mullaly, Political Cartoons, Big Three Automakers, The Big Three, Joads, Detroit Bailout, Big Three Private Jets, Detroit, Grapes of Wrath, Detroit Bailout Reaction, Business News

Read Post

Time For A Gas Tax

Henry Blodget | Posted 01.11.2009 | Business

Read More: Oil, U.S. Economy, Gas, Automobiles, Fuel-Efficient, Gas Tax, Fuel-Efficient Cars, Cars, Auto Industry, Detroit Bailout, Business News

No one will pay a premium for fuel-efficient cars now that gas is again cheap, which means Detroit will be asking strapped consumers to pony up out of the goodness of their hearts. A gas tax is the answer.

Read Post

Big Three Automakers to Give Every American a Free Car

Billy Kimball | Posted 01.10.2009 | Politics

Read More: Big Three, Chrysler, Auto Bailout, General Motors, Rick Wagoner, Ford, Christopher Dodd, Free Car, Richard Shelby, Detroit Bailout Reaction, Detroit Bailout, Politics News

The plan, dubbed the "Unprecedented Winter Sales Event" in internal company documents, was reportedly the brainchild of a marketing team at Chrysler, the most beleaguered of the Big Three.

Read Post

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

Matthew DeBord | Posted 01.10.2009 | Green

Read More: Scion, Plug-in EV, Chevy Volt, Prius, General Motors, Hybrid, Electric Vehicle, Sustainability, Lexus, Toyota, Detroit Bailout, Sustainable Mobility, Detrooit, Green News

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.

Read Post

Why I Like the Auto Bailout

Fortune's Stanley Bing | Posted 01.10.2009 | Business

Read More: Financial Crisis, Auto Bailout, Detroit Bailout Reaction, Detroit Bailout, Business News

In short, there's no opinion out there right now that's worth more than any other. If ignorance was bliss we'd all be tap dancing down Wall Street.

Read Post

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

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.

Read Post

Model A's to Solar Cells

Carl Pope | Posted 01.10.2009 | Green

Read More: Energy, Gm, Auto Bailout, Solar Power, Big Three Automakers, Photovoltaics, Green Energy, Detroit Bailout, Green News

Has no one learned anything? Detroit's dedication to fighting technological innovations in fuel economy was the biggest factor in costing the Big Three so much market share that a recession could send them into bankruptcy.

Read Post

Republicans Bring Socialism to America

Robert Scheer | Posted 01.10.2009 | Politics

Read More: Robert Scheer, Great Depression, Bailout, Bush, Reagan Revolution, Paulson, Pornography of Power, Fdr, Socialism, Economy, Detroit, Financial Crisis, Detroit Bailout, Politics News

Let the record show that it was George W. Bush, the rich Texas Republican, who brought socialism to America, so don't blame it on that community organizer who made it into the White House.

Read Post

Call for Resignation of GM's Lutz, Too, as Condition of Bailout

David Sassoon | Posted 01.09.2009 | Business

Forcing out GM's Bob Lutz may seem like a sideshow to the much bigger issues needing resolution to rescue Detroit, but if you believe in the power of gesture, maybe not.

Read Post

Lee Iacocca: US Auto Execs Shouldn't Be Ousted

AP | Posted 01.09.2009 | Business

Read More: Lee Iacocca, Auto Bailout, Auto Execs, Detroit Execs, Detroit Bailout, Detroit Three, Business News

DETROIT — Lee Iacocca, the man who led Chrysler through a government bailout in the late 1970s, says the CEOs of Detroit's automakers should not...

Read Whole Story

Saving the Auto Industry by Pre-Paying for Plug-Ins

Paul Loeb | Posted 01.09.2009 | Green

Read More: Energy, Chrysler, Auto Bailout, Gm, Detroit Bailout, Hybrid Cars, Ford, Cars, Plug-in Hybrids, Global Warming, Calcars, Green News

The founder of a plug-in-hybrid innovation organization has just come up with an idea that could solve the problems of the auto industry: Getting consumers to put down a down-payment on plug-in hybrids.

Read Post

The Auto Bailout and Post-Partisanship?

Hoyt Hilsman | Posted 01.09.2009 | Politics

Read More: Republican Administration, Uaw, Automaker Bailout, Government Bailout, United Auto Workers, Economy, Ford, Congress, Obama, Bush, Chrysler, Mark Zandi, General Motors, Ron Gettelfinger, Bob Corker, Auto Industry Bailout, Auto Industry, Senate, Detroit Bailout, Automakers, Bailout, Gm, The Big 3, Detroit Bailout Reaction, Detroit, Big Three Automakers, Detroit Three, Cars, Detroit Automakers, Chysler, Politics News

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.

Read Post

Detroit's Next Step; Analysis of Rescue Proposal Here

Steve Parker | Posted 01.09.2009 | Business

Read More: New United Motor Manufacturing, Bob Nardelli, Congress, Uaw, Meet the Press, Toyota, Pontiac Vibe Hatchbacks, Chrysler, Gm, Alan Mulally, Rick Wagoner, Barney Frank, Detroit Three, Three Tenors, Detroit Free Press, Cars, Chris Dodd, Ford, Corvette, Bob Lutz, Tom Brokaw, General Motors, Detroit Three Loans, Pontiac GTO, Nancy Pelosi, Washington, Harry Reid, Pontiac G8, Detroit Bailout, Nummi, Auto Bailout, Auto Industry, Business News

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?

Read Post

Automotive Chiefs Announce Further Restructuring, Closing Ohio

Aemilia Scott | Posted 01.08.2009 | Business

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.

Read Post

General Motor's VP Bob Lutz's Green Pose

James Hoggan | Posted 01.08.2009 | Green

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.

Read Post

SUVs At Altar, Detroit Church Prays For A Bailout

Reuters | Posted 01.07.2009 | Business

Read More: Bailout Church, Sport-Utility Vehicles Altar, Finance, Greater Grace Temple, Economy, SUV Pews, SUV Altar, Charles Ellis, Detroit Bailout, SUV Church, Business News

With sport-utility vehicles at the altar and auto workers in the pews, one of Detroit's largest churches on Sunday offered up prayers for Congress to ...

Read Whole Story

Save the Jeep; Save the Nation

Leo W. Gerard | Posted 03.25.2009 | Business

Read More: Citigroup, Washington Mutual, Gm, Economy, United Auto Workers, Sen. Harry Reed, Ford, Mitt Romney, Fannie Mae, Credit Default Swaps, Congress, Collateralized Debt Obligations, Big Three, Aig, Chrysler, Freddie Mac, Wall Street, Lehman Brothers, New York Museum of Modern Art, Jeep, Uaw, World War II, Capitol, Senate Majority Leader, Willys-Overland, Detroit Bailout, Automakers, Bailout, Automaker Bailout, The Big 3, Detroit Bailout Reaction, Detroit, Big Three Automakers, Detroit Three, Detroit Automakers, Cars, Chysler, Auto Industry, Bailout Outrage, Business News

Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy -- manufacturing.

Read Post

With time short, Congress tries to seal auto deal

AP | JULIE HIRSCHFELD DAVIS | Posted 01.06.2009 | Business

Read More: Auto Bailout, White House, Bailout, Detroit Bailout, Detroit, Business News

WASHINGTON — Racing to seal a deal with the White House, Democratic congressional leaders dispatched aides Saturday to draft an emergency $15 bi...

Read Whole Story

Detroit Drives to DC and Dr. Deming Invents Japan

Steve Parker | Posted 01.06.2009 | Business

Read More: Congress, Pontiac Silver Streak Woodie Wagon, Troubled Assets Relief Program, Class Warfare, Hemi Hybrids, Cars, Infrastructure Repair, Infrastructure, Green Cars, Hydrogen Fuel-Cell Vehicles, Hydrogen Fuel Cell, Hybrid Cars, Daihatsu Naked, Ipod, Subway, Ucla, Detroit Three, Chicago Cubs, Detroit CEOs, W. Edwards Deming, Detroit Automakers, Green Infrastructure, Bullet Trains, US Capitol, Monorail, Jeep, Japan, Mitsubishi Mirage, Light Rail, Tarp, Wall Street Bailout, Chrysler, Rick Wagoner, President Obama, Ford, Las Vegas Hilton, Dodge Durango Hybrid, Bob Lutz, Southern California, Credit Markets Tight, Japanese Cars, Robert Nardelli, Electric Cars, Washington, Detroit, Congressional Oversight, Plug-in Hybrids, President Bush, Detroit Bailout, Chrysler Aspen Hybrid, Gas Electric Hybrids, Daihatsu Charade, Uaw, Gm, Alan Mulally, Electric Car Infrastructure, National Infrastructure, Dr. W. Edwards Deming, Mitsubishi Precis, Wall Street, US Marines, Hitachi, Lourdes, Narita, Business News

We've had enough threats from our sworn enemies -- we don't need them from Detroit executives. These CEOs and their boards of directors must go, whether by car or jet or skateboard, they must go.

Read Post

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

Jane Hamsher | Posted 01.05.2009 | Politics

Read More: Msnbc, Detroit Automakers, Ron Glantz, Richard Shelby, Chrystia Freeman, GM Bankruptcy, Economy, Automaker Bailout, Big Three Automakers, Bankruptcy, Detroit Three, Automakers, Detroit, Detroit Bailout Reaction, Auto Industry, Detroit Bailout, Politics News

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

Read Post

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

Michael Shaw | Posted 01.04.2009 | Media

Read More: Photos, Abc, Shaming Detroit, Shame, Auto Testimony, Auto Industry, Capitol Hill, Gm, Economy, Washington, News Video, Richard Wagoner, Photojournalism, Factory, Big Three, Politics, Chrysler, Honchos, Video, Auto Execs, Robert Nardelli, GM Factory, Auto Industry Hearings, Auto Bailout, News, Morality Play, Lordstown, Contrite, Detroit Bailout, Auto CEO's, Detroit, Detroit Bailout Reaction, Media News

What 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.