Tarp and Auto Bailout

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Freedom Watch Is Back: Right-Wing Group Sues For TARP Details

The Hill | Posted 03.19.2009 | Politics

Read More: Tarp, Tarp Bailout, TARP and Auto Bailout, TARP Oversight, TARP Money, TARP Overseer, Obama TARP, Tarp Funds, Freedom Watch, Politics News

A conservative legal group is suing the Treasury Department and the Federal Reserve to reveal exactly how the first $350 billion of the financial serv...

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Even After $14 Billion in TARP Money, Detroit's on Life-Support

Steve Parker | Posted 02.07.2009 | Business

With economists predicting a rough 2009, 2010 and maybe even 2011, there's not much chance of '09 and '10 car sales reaching even 2008's miserable 13.1 million.

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Bottom Line: 2008 Car/Truck Sales Probably Worst Since 1974

Steve Parker | Posted 02.03.2009 | Business

Read More: Ebay, Treasury Department, Porsche, Automotive News, Paris Dakar Rally, Wall Street Bailout, Congress, Hank Paulson, Troubled Assets Relief Program, Chrysler, Ford Mustang, Detroit Lions, Cars, Detroit News, Ford, Highland Park, Supercharger, Dodge Durango Hybrid, General Motors, Chad Hall, Dodge Challenger, Chrysler EVs, Chevy Cobalt, 1974 Oil Embargo, Detroit, Carroll Shelby, Off-Road, Baja 1000, Porsche Panamera, Detroit Bailout, Chrysler Aspen Hybrid, Pickups, FICO Score, Chevy Cruze, Minivan, Hilton Hotels, Nascar, Detroit Three, Gm, Robby Gordon, Mexico, Washington DC, Daewoo, Rod Hall, Tokyo, Gmac, TARP and Auto Bailout, Seoul, Detroit Three Loans, San Jose Del Cabo, Hummer Sale, gt500, Darpa, Stuttgart, SUV Sales, Detroit Auto Show, Business News

The only other time the industry has seen a 3-million (or more) unit plunge was following the 1974 oil shortage.

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White House Still "Gathering Information" While Detroit Suppliers go Bankrupt

Steve Parker | Posted 01.18.2009 | Business

Read More: Toyota Camry, Chapter 11, White House, Thailand, Troubled Assets Relief Program, Flint, Chrysler, Rick Wagoner, United Auto Workers, Cars, Detroit News, Arizona, Facebook, Ford, Detroit Newspapers, Key Plastics, Los Angeles Auto Show, Mark Fields, Southern California, Larry King, Daewoo Lacetti, General Motors, Japanese Cars, Ford Flex, President Bush, Carl Levin, President-Elect Barack Obama, China Brilliance, Uaw, Bankruptcy, Gm, Minivan, Alan Mulally, Special Devices, Detroit Three, Gran Torino, Detroit Free Press, Washington DC, Sandy Levin, Clint Eastwood, Chevrolet Volt, Chevrolet Cruze, Bill Ford, TARP and Auto Bailout, Henry Ford, Detroit Three Loans, South Korea, European Cars, Henry Paulson, Sabic, Detroit Bailout, Automaker Bailout, Detroit, Big Three Automakers, Detroit Automakers, Unions, Auto Industry, Automakers, Jobs, Bailout, Unemployment, The Big 3, Labor Unions, Detroit Bailout Reaction, Detroit Auto Show, Business News

Even Bush doesn't want to go down in history as the man who oversaw the destruction of GM, Ford and Chrysler (I hope), and I'd guess Obama wishes he could install his own new team now and fire Paulson.

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Motor Racing Reacts to Worldwide Recession

Steve Parker | Posted 01.14.2009 | Business

Read More: Porsche, White House, 24 Hours of LeMans, Daytona International Speedway, 12 Hours of Sebring, NASCAR Drivers, Bobby Labonte, Cars, Daytona Prototype, Xtrac, Soap Box Derby, Chip Ganassi, Petty Enterprises, Irs, Formula 1, Felix Sabates, Soap Box Derbies, Richard Petty, Indy Racing League, New Hampshire Speedway, Detroit Three, Nascar, Chevrolet, Gm, Washington DC, Tony Stewart, Kyle Petty, Alms, Dodge, Monaco Grand Prix, NASCAR Money, Turbodiesel, Alfa Romeo, Tarp Bailout Bill, Gran-Am Rolex Sports Car Series, Joe Gibbs Racing, Chrysler, Honda, Ford, Audi Clean Diesel, Volkswagen, Mazda, General Motors, Indycar Racing, Detroit, Detroit Bailout, Indycar, Adam Petty, Uaw, Toyota, American Lemans Series, Ricardo, NASCAR Support, Cosworth, Porsche Rs Spyder, Sprint Cup, Ferrari, Earnhardt Ganassi Racing, Formula One, TARP and Auto Bailout, Daytona 500, Audi, Roger Penske, Bmw, New York Times, Super Bowl Commercials, Business News

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.

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