MSNBC just reported that part of the GM restructure includes a deal with EBay so that people can buy cars online. Who in their right mind would make such a major purchase without the human interaction of a sales rep and dealership to return the vehicle to if there is a problem, let alone being […]
There has been all this talk from the fat of how he wants “Obama to fail”. Well now that the government has such a large stake in General Motors, the fat one is calling for a boycott of General Motors. Bob points out the irony here: Just a couple of weeks ago, the wingnuts were […]
Bloomberg has an article quoting a bunch of different senators and their opposition to the closing of Chrysler and GM dealers. While there is justification to this concern, there is also a need to ask why there are so many dealerships. Let me explain this. Here in Cincinnati it used to be you had certain […]
Michael Moore has written a goodbye letter to GM: I write this on the morning of the end of the once-mighty General Motors. By high noon, the President of the United States will have made it official: General Motors, as we know it, has been totaled. As I sit here in GM’s birthplace, Flint, Michigan, […]
It looks like GM employees are going to get that perk that is usually limited to those in the teaching profession: General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and growing inventories of unsold vehicles, three people briefed on […]
That’s what Coulter thinks: If Obama can tell GM and Chrysler that their participation in NASCAR is an “unnecessary expenditure,” isn’t having public schools force students to follow Muslim rituals, recite Islamic prayers and plan “jihads” also an “unnecessary expenditure”? Are all those school condom purchases considered “necessary expenditures”? Coulter was going by the big […]
Looks like the well is dry for GM and Chrysler: The White House says neither GM nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants. The Obama administration, however, has […]
Ford’s CEO agrees to a paycut: Ford Motor became the first of the three U.S. automakers to unveil its turnaround plans to Congress Tuesday, but the plan contained little in the way of new cost cuts or other changes beyond what the company had previously announced. The company announced that the salary of Ford CEO […]
If you missed Morning Joe, Mort Zuckerman was on and had a very grim outlook for our financial future. The Freddie and Fannie bailout, while necessary, will cost tax payers millions. Detroit is worse off. He is predicting GM and some other manufacturers like Chrysler to merge, and maybe a foreign automaker to buy out […]
While we hear reports of our economy doing good, we are presented with a harsh reminder of what outsourcing has done to our nation. This from theAssociated Press: General Motors Corp. said Tuesday it plans to nearly triple the number of cars it produces in India to meet growing demand in the South Asian country. […]