I am no politician, and I doubt I’ll ever intend on attempting to understand politicians because I believe many of them don’t have the sense that God gave a goat. Full Article »
At this point, there is no doubt in my mind; GM will be filing for bankruptcy soon. Confirmed by various sources, GM cannot file until after sometime in June of Full Article »
Today is my “what to do in case of Automotive Industry emergency” news day. All of the major news networks are steadily reporting today updates of the Obama administration’s plans Full Article »
General Motors CEO Rick Wagoner will step down from his position immediately as recently reported by various news associations. This comes about maybe as a slight surprise on the eve Full Article »
The back and forth of the Big 3 Bailout talk has come to a head. Bush today has signed the $17.4 billion auto industry bailout package to rescue mainly GM Full Article »
Late Thursday the U.S. Senate rejected the emergency bailout bill that would have provided upwards of $14 Billion to the Big 3 Detroit automakers. Many were hopeful of that was Full Article »
The Bailout for the Big 3 Automakers has made it through the U.S. House totaling $14 Billion. Not quite the original amounts of $25 Billion or even the $34 Billion Full Article »
The Saturn nameplate use to be known as a type of automotive brotherhood when it comes to its loyal owners. Lately many Saturn owners have expressed their opposition of GM Full Article »
It seems to be “very likely” that congress will reach a deal to loan the big 3 automakers a total of $15 Billion. That figure is much less than the Full Article »
The Big 3 are not the only car makers to suffer during this economic downturn or what some call it, a recession. Many manufacturers such as Toyota, Nissan, Honda and Full Article »