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Latin Arms Race Heats Up: Obama Leans on Brazil To Buy Boeing Warplanes

Eric Ehrmann | Posted 09.29.2009 | World

Read More: France, White House, Hugo Chavez, Pentagon, Venezuela, Lula, Sarkozy, James Jones, Boeing, Russia, Hillary Clinton, Obama, China, National Security Council, Brazil, Saab, Arms Control, Arms Race, World News
Eric Ehrmann

While sharing his vision of a more peaceful world with the UN and demanding big Pentagon cuts, Obama has also been lobbying Brazil to buy warplanes from shrinking defense giant Boeing.

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GM's "60-day Buy Back" plan - more gimmicks or smart sales move?

Steve Parker | Posted 11.13.2009 | Business

Read More: Ebay, Saab, Lee Iacocca, California, Toyota, Saturn, Ed Whiteacre, Chrysler, Car Dealerships, Buick, AT&T, Chevrolet, Lexus es350, Cars, Gmc, Pontiac, Bob Lutz, General Motors, Detroit, Core Four, Hummer, Buick Lacrosse, Cadillac, Business News
Steve Parker

Another "Hail Mary" from GM? Or the real thing? Starting today and running through November, General Motors is offering buyers of their Core Four bra...

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GM Saab Sale: Swedish Koenigsegg Will Buy Brand

AP | LOUISE NORDSTROM | Posted 07.17.2009 | Business

Read More: Saab, GM Sales, General Motors, GM Bankruptcy, Gm, Koeingsegg, GM Saab, GM Brands, Business News

STOCKHOLM — Saab Automobile, General Motors Corp.'s struggling Swedish unit known for its family cars, was rescued Tuesday by a consortium led b...

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GM Must Cut Buick, GMC Now

Steve Parker | Posted 07.09.2009 | Business

Read More: Saab, Scion, Oldsmobile Aurora, Scion Hako, Toyota, GMC Truck, Saturn, South Bend, White House Auto Task Force, Buick, Indiana, Lexus, Chevrolet, Tony Stewart, Robby Gordon, Obama Administration, Cars, Pontiac, Obama White House, Sichuan, General Motors, Chevrolet Malibu Hybrid, Baja 500, Detroit, Buick Y-Job, Mishawaka, Hummer, Harley Earl, Cadillac, Business News
Steve Parker

General Motors must drop their Buick and GMC divisions. And do it now. The number of people already put out of work by the Amazingly-Shrinking Genera...

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Which GM Brands Will Last? (VOTE)

The Huffington Post | Ryan McCarthy | Posted 07.04.2009 | Business

Read More: Saab, GM Bankruptcy, Chevrolet, Slidepoll, Gm, Gmc, GM Daewoo, Pontiac, GM Brands, Hhmmer, General Motors, Dodge, Gm Chapter 11, Business News

When General Motors filed for bankruptcy earlier this week, the century-old automaker announced that it would quickly cut a number of brands. The new ...

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Help! I Live In Sweden, and I Am Addicted to Socialism

Nathan Hegedus | Posted 06.13.2009 | Politics

Read More: Saab, Depression, Wall-E, Mitch McConnell, Rush Limbaugh, Matrix, Gas Tax, Addiction, Stockholm, Capitalism, Daycare, Daily Show, Child Care, Bailout, Sean Hannity, Jim Bunning, Kentucky, Socialism, Mcmansions, World War II, Wyatt Cenac, Health Care, Bill O'Reilly, Sweden, Politics News
Nathan Hegedus

Reminded of what America stands for -- a nation of pure individuals -- I admit I fell prey to "socialism" after all those years as a "liberal."

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Saab Bankruptcy Filing

AP | KARL RITTER | Posted 03.23.2009 | Business

Read More: Auto Industry, Automakers, Saab, Auto Bailout, Car Bankruptcy, Automakers Bailout, Saab Bankruptcy, Business News

STOCKHOLM — General Motors Corp.'s Swedish-based subsidiary Saab went into court protection from creditors Friday so the unit can be spun off or...

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Saturn, Saab, Hummer: What You Need To Know

Wall Street Journal | MIKE SPECTOR | Posted 03.21.2009 | Business

Read More: Automakers, Saab, Auto Bailout, Automaker Bailout, Saturn, General Motors, Future of General Motors, Hummer, Auto Industry, Business News

General Motors Corp. could shed its Saturn and Hummer brands as part of its viability plan submitted to the Obama administration Tuesday. The future o...

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GM, Chrysler Want Billions More

Steve Parker | Posted 03.21.2009 | Business

Read More: White House, Congress, GMC Truck, Saturn, Chrysler, Buick, Rick Wagoner, United Auto Workers, George W. Bush, Fiat, Cars, Chinese, Detroit News, Ford, American Recovery and Reinvestment Act of 2009, Lawrence Summers, New York Federal Reserve Bank, General Motors, Brembo, Mini, Delphi, Charlie Rose, GMAC Bailout, 2010 Chevrolet Camaro, Uaw, Penske Automotive Group, Detroit Three, Chevrolet, Moody Blues, Mitt Romney, Pontiac Solstice, Mitsuoka Motor, Roger Smith, Frankfurt International Auto Show, Pontiac, Ferrari, Saab, Tokyo Motor Show, Bmw, Smart Car, Wall Street, Dodge, Tim Geithner, President Obama Administration, Henry Paulson, Hummer Sale, Hollywood, Cadillac, Firebird, Miata, Auto Bailout, Business News
Steve Parker

Incidentally, GM got another $4 billion Tuesday after turning in their plan. Were you ever rewarded that much just for doing your homework?

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Five Things Mr. Obama Must Say About Detroit -- and Fast

Steve Parker | Posted 02.18.2009 | Business

Read More: John F. Kennedy, Fuel Costs, Toyota, Chrysler, Detroit Three, Corporate Average Fuel Economy, Volvo, Cars, Ford, Barack Obama, Nissan, Saab, Chevrolet Cruze, Hydrogen Economy, Hydrogen Fuel-Cell Vehicles, Manhattan Project, General Motors, Daewoo Lacetti, Natural Gas, Chrysler Financial, Europe, Johnson Controls, Business News
Steve Parker

While GM and Chrysler both remain on life support (and Ford has also been talking with the government about a credit line or loan), the car and truck business around the world is not doing much better than Detroit.

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Sweden's Auto Bailout: $3.4 Billion

AP | LOUISE NORDSTROM and MALIN RISING | Posted 01.11.2009 | Business

Read More: Automakers, Saab, Automaker Bailout, Sweden, Sweden Auto Bailout, Cars, Volvo, Swedish Auto Bailout, Business News

STOCKHOLM, Sweden — The Swedish government on Thursday unveiled a 28 billion kronor ($3.4 billion) support package for the nation's ailing auto ...

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Car Sales Tank; Detroit Visits DC, Pt. II

Steve Parker | Posted 01.02.2009 | Business

Read More: Cars, George Bush, Roger and Me, Automotive News, Spring Hill, Wall Street Bailout, Congress, Australian, Saturn, Chrysler, Buick, Rick Wagoner, United Auto Workers, Russian Carmaker, Opel GT, $25 Billion Bailout, Honda, Ford, Volkswagen, Malibu Hybrid, Ev1, Bob Lutz, Indian Carmaker, Michael Moore, Saturn Vue, Washington, Tiger Woods, Detroit, Greenmail, Opel Kappa Platform, European Carmakers, Chrysler CEO, Pontiac Solstice Coupe, Bob Nardelli, Uaw, Toyota, Gm, Alan Mulally, AM General, Saturn Sky, Detroit Three, Chevrolet, American Honda, Deal or No Deal, Roger Smith, Gmc, Asian Carmakers, Escape Hybrid, Chinese Carmaker, Pontiac, Corvette, Saab, Wall Street, Detroit Three Loans, Bmw, Subaru, Republican, Hummer Sale, Henry Paulson, Europe, China, Cadillac, Holden, Auto Bailout, Business News
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.

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US Automakers Consider Selling Saab, Volvo

AP | MALIN RISING | Posted 01.02.2009 | Business

Read More: Auto Industry, Automaker Bailout, Big Three Automakers, Gm, Ford, Volvo, Cars, Saab, Automakers, General Motors, US Automakers, Financial Crisis, Automaker Crisis, Business News

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

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