General Motors is moving closer to terminating the term “Government Motors” as they filed plans to go public and begin selling common shares as soon as this Fall. As you Full Article »
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 »
Ford Motor Co. posted a net income of $2.1 billion in the first quarter of this year which is almost twice as much as projected by analysts. Last year Ford Full Article »
Okay, the economic situation was already pretty serious. Now it is really hitting big companies like General Motors, very hard. General Motors is preparing to announce the closure of the Full Article »
One of the highlights of the delivery that President Obama gave to the joint session of congress was a vow not to walk away from the automotive industry. The tone 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 »
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 »
