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auto industry

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GM in doubt

3.05.09- General Motors, which has sucked in $13.4 billion from the feds (aka the taxpayers’ children) and is requesting billions more, disclosed in its annual report today that its very survival was in “substantial doubt.” The auto industry is almost as pathetic as the banking sector – and the misery is not going to [...]

Drama Highlights Auto Execs Testimony

It was the House version of “Car Talk” yesterday, according to the Washington Post, as members, both Republican and Democrat, swapped stories about their GM and Ford vehicles. This was disclosed in a article entitled “Auto Execs Fly Corporate Jets to D.C., Tin Cups in Hand.” The camera-loving representatives also had a field day with [...]

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