Autos
I don’t want to make too much of this. I mean, these people have to go on TV every week and defend the Obama administration. That is punishment enough. That said, Bill Press and Eleanor Clift did go on the McLaughlin Group and spin themselves into oblivion. JOHN MCLAUGHLIN, HOST: You say the auto industry […]
Continue reading about U.S. auto industry stronger than ever?
Chasing Classic Cars is the only TV show I DVR. There is much to like about the show, from the celebration of American car culture, the design, to the history of the cars and the stories behind the chase. Wayne’s passion for what he does is also a big part of the show’s appeal. It’s […]
Continue reading about Chasing Classic Cars with Wayne Carini
Michael Fumento is someone we’ve long admired for his investigative reporting, whether covering the wars in Iraq and Afghanistan or more recently, the Swine Flu “pandemic” and Toyota’s “sudden acceleration” scandal that engulfed the company in a PR disaster for most of this year. Michael has been all over the Toyota story from day one, […]
Detroit is the center of the universe this week. The Final Four will take place there on Saturday and Monday evenings, with local team Michigan State fighting for the national championship. Yesterday, President Obama made a surprising announcement on the fate of the domestic auto industry. Here is the Detroit Free Press this morning, Obama […]
Yesterday’s Toyota Headline: Toyota Expects Its First Loss in 70 Years Today’s Toyota Headline: Toyota to Change Leader Amid Sales Slump Rick Waggoner was promoted to CEO at GM in 2000. Seven years later, he led “The largest annual loss in the history of the auto industry.” And that was last year! He is still […]
Another mind blowing stat of the day from the outstanding blog Crossing Wall Street, In 2007, Toyota sold 9.37 million vehicles. In 2007, General Motors sold 9.37 million vehicles. In 2007, Toyota made $17.1 billion. In 2007, General Motors lost $38.7 billion A managed bankrupcy is the only solution that makes sense.
In the mail this week, my Consumer Reports 2009 Buyer’s Guide. I took a look at the auto section and a few things were clear immediately. Best of the Best 1998-2007 Acura Integra, Acura MDX, Acura RL, Acura RSX, Acura TL, Acura TSX, BMW M3, Buick Lacrosse, Honda Accord, Honda Civic, Honda Civic Hybrid, Honda […]
Continue reading about What exactly are we bailing out in Detroit?