auto bailout
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Welcome to the 'auto bailout' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'auto bailout'.
Latest blogosphere posts tagged “auto bailout”
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Government intervention may not be a good thing
Letters to the Editor —
Authority: 143
Several weeks ago, the CEO of GM stated that GM lost $1.5B in the third quarter. He went on to say that was good news. The bailout was working; the losses were predicted to be higher. What he neglected to…21 hours ago -
GM Details Volt Rollout Plan Amid Tumult Over CEO’s Sudden Exit
Earth2Tech —
Authority: 636
The story General Motors wants to tell today is about the Chevy Volt — the extended-range electric vehicle that symbolizes the company’s efforts to emphasize innovation, advanced technology, fuel efficiency and a new culture for the Detroit automaker in a post-bailout world. But while GM has released new ...1 day ago -
Taxpayer Sticker Price is $12,000 for Every GM Car Sold
The Tax Lawyer's Blog —
Authority: 434
If you favor the nationalization or extreme regulation of American industry, you should read this study published by the National Taxpayers Union:The American taxpayer has put up $12,200 for every General Motors vehicle sold through the beginning of 2011, and $7,600 for every Chrysler vehicle sold as well, according ...1 day ago -
Have They No Shame? Nope.
The Frustrated Teacher —
Authority: 139
From Robert Reich : Shame? If weve learned anything over the last year, its that Wall Street has none. Ten months ago Wall Street lobbyists beat back a proposal to give bankruptcy judges the right to amend mortgages in order to pressure lenders to reduce principle owed, just like Wall Street lobbyists are now ...3 days ago -
GM: US Taxpayer-Funded Opel Plans By Christmas
Car Reviews & Car Buying Blog —
Authority: 164
Automotive News [sub] reports that GM will rush out its $4.9b restructuring plan for Opel in December, as it seeks to ease worries on the continent about the fate of the troubled division. “Our plan is very similar to Magna’s. I don’t think it’s worse,” GM’s Nick Reilly told reporters near Opel’s largest ...2 weeks ago -
Meanwhile, on the other side of Detroit...
Beers with Demo —
Authority: 504
Hey, you didn’t think that we were going to give you a cheery Chrysler update without some news on the government’s other auto bailout fiasco , did you? General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in previous ...2 weeks ago -
Youve Already Paid for 1/3rd of Every New GM and Chrysler Car
HolyCoast.com —
Authority: 587
Thats based on this analysis : To better appreciate the scale of the bailout, it is instructive to divide the taxpayers contribution of $79 billion by the number of vehicles [GM and Chrysler] sell. If the two sell 7.36 million vehicles during 2009 and 2010, the subsidy represents $10,700 per vehicle. That (plus ...2 weeks ago -
GM: Were Not Dying as Fast as We Thought
HolyCoast.com —
Authority: 587
But theyre still dying. This headline sort of says it all: GM Reports $1.2 Billion Loss, Says It Shows Progress Thats not the kind of progress thats going to keep them in business.2 weeks ago -
GM Paints Silver Lining on Cloudy Earnings Report
The Foundry —
Authority: 761
Not very often is losing $1.2 billion good news but that’s the way General Motors is spinning its third quarter earnings report. The company’s finances have improved enough that it will begin repaying the $6.7 billion in government loans as soon as December and could be paid off ahead of schedule, potentially by ...2 weeks ago -
The Secret of Ronald Reagan was that he was
Dummidumbwit's Weblog —
Authority: 144
The Secret of Ronald Reagan was that he was.. The Secret of Ronald Reagan was that he was actually much more moderate than we are remembering? He instinctively sat down and cut a deal and if you aren’t cutting deals, are you not misinterpreting what he stood for? The four pillars of ...2 weeks ago -
Great moments in the history of statism Pt. V
Beers with Demo —
Authority: 504
If Venezuela isn’t careful, they’re going to wind-up looking like the U.S. President Hugo Chavez’s government on Wednesday nationalized two coffee companies , including Fama de America, one of Venezuela’s largest coffee producers. The state-run Bolivarian News Agency said presidential decrees published in ...2 weeks ago -
Automaker Bailout Sold on Empty Promises
The Foundry —
Authority: 761
Have an idea but strapped for cash? Not sure if the idea is going to pan out? That’s all right, just ask the government for a few billion dollars. That’s what the automakers did. USA Today reports : If you believed all the talk from Chrysler about how our tax dollars would help finance its fast-track ...3 weeks ago -
Evaluating Cash for Clunkers: The Case of the Missing Denominator
Angry Bear —
Authority: 626
by Tom Bozzo An AP story (via Felix Salmon ) based on an analysis of "Cash for Clunkers" transactions is circulating with the non-news that a number of the transactions involved trades of gas-guzzling trucks for only modestely less gas-guzzling trucks. Heres the lede: The most common deals under the governments $3 ...3 weeks ago -
GM CEO Fritz “Transparency” Henderson: We’re Beating Secret Targets
Car Reviews & Car Buying Blog —
Authority: 164
Transparency. It’s what GM CEO Fritz Henderson promised taxpayers in sworn testimony in front of Congress, post $52 billion bailout (and the rest). As TTAC pointed out previously, bullshit. After not releasing the dead dealer list promised to Senator Jay Rockefeller, the nationalized automaker is now proud to ...3 weeks ago -
It Pays to Skip the Bailouts
HolyCoast.com —
Authority: 587
Americans think pretty highly of Ford these days: On the heels of Ford’s better-than-expected third quarter profits and its promise of solid profitability by 2011, 68% of Americans adults hold a favorable opinion of the one company that passed on a government bailout. Ford continues to far outdistance public ...4 weeks ago -
Chrysler Reveals 5-Year Plan for Hybrids, Electric Cars
Earth2Tech —
Authority: 636
For electric cars at Chrysler, the game won’t kick into high gear until 2011 and beyond. The Detroit automaker, which tapped A123Systems earlier this year to develop battery cells for upcoming electric vehicles, said in a meeting today detailing its five-year business plan that it’s working to introduce a test ...4 weeks ago -
Chrysler Reveals 5-Year Plan for Hybrids, Electric Cars
Renewable Energy News Syndicator —
Authority: 163
For electric cars at Chrysler, the game won’t kick into high gear until 2011 and beyond. The Detroit automaker, which tapped A123Systems earlier this year to develop battery cells for upcoming electric vehicles, said in a meeting today detailing its five-year business plan that it’s working to introduce a test ...4 weeks ago -
First Outta Recession Dummy
HolyCoast.com —
Authority: 587
Thats F.O.R.D. to you and me: Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011. The automaker said Monday earnings were fueled by U.S. market share gains, cost ...4 weeks ago -
China Considering Challenging US Auto Subsidies
Lakeshore Laments —
Authority: 142
Truth be told, I saw this coming when the World Trade Organization recently ruled in Boeings favor against the European Unions long history of subsidizing Airbus (Airbus has rarely -- if ever -- made a profit without British, French, and German taxpayers forking the bill.). Eventually, some country would look at ...4 weeks ago -
GMAC – Ally Bank Asking For Further Bailout
this is the samaBlog —
Authority: 116
On June 7, 2009 I predicted : This is another disaster waiting to happen. I’m guessing we’ll see the ruins of the 31yr old in charge of GM sooner rather than later. Well, here it is . GMAC, also known as Ally Bank, is now asking for a further bailout. It’s worth revisiting what the American Banking ...5 weeks ago
