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Automotive

Work For $1 a year: Ford CEO Offers to work for $1
Dec 2, 2008 Ξ

Work For $1 a year: Ford CEO Offers to work for $1

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President and CEO of the Ford Motor Co., Alan Mulally, says he will work for $1 a year if they have to take from the government loan money. In addition,  Full Article »

Automotive

Bailout or Bust: GM Reaches Out For Aid Through YouTube
Nov 17, 2008 Ξ

Bailout or Bust: GM Reaches Out For Aid Through YouTube

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Bottom line from the US Automakers: Pay $25 billion now or risk over $150 billion with millions of jobs lost later if nothing is done. Pretty serious if you ask  Full Article »

Automotive

Epic Fail: GM Failure Could Have Grave Consequences On Economy
Nov 14, 2008 Ξ

Epic Fail: GM Failure Could Have Grave Consequences On Economy

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CNN recently posted a very interesting article about the dreadful consequences a failed GM would cause. Not only would the Automotive Industry suffer but the whole economic structure in America  Full Article »

Automotive

October Auto Sales Plung for GM, Honda and Toyota
Nov 3, 2008 Ξ

October Auto Sales Plung for GM, Honda and Toyota

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DETROIT — Auto sales at General Motor, Ford Motor Co. and Toyota Motor Corp. plunged in October as the U.S. industry braced for what may be the weakest monthly sales  Full Article »

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