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Category Archives: Automakers
GM’s March Sales Rose 43% at Surviving Brands
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!By KEVIN KINGSBURY And JOHN KELL General Motors Co. on Thursday said U.S. sales in March rose 43% at its four surviving vehicle brands, with crossover vehicles and cars providing a lift. GM said sales of Chevrolet, Cadillac and GMC [...]
Posted in Automakers, Business, Economy, Solid Principles, Wall Street Journal
Tagged as: Car Sales, Economy, General Motors, GM, Hyundai Motor Co., Toyota
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Volvo: The New Chinese Car
Swedish high end auto icon Volvo now has a new owner, Geely of China. After skimping on the Auto-Maker bail-out offered by the U.S Government, Ford had to find other forms of revenues and sell off their hemorrhaging brands to new owners, like Geely. After paying $1.8 B, Geely then announced plans to pump a [...]
Posted in Automakers, Business
Tagged as: Automaker Bail-Outs, Ford, Geely, SAAB, TARP, Volvo
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Gov. Pours the Sodium Silicate into Car Dealers
Under the proviso of ‘Cash for Clunkers’, each ‘Clunker’ a dealer received required immobilizing the engine, sent to the junkyard with a dose of sodium silicate. According to this article in Yahoo Auto News The Transportation Department won’t say exactly what the rejection rate is, but in an Automotive News survey, some dealers said up [...]
We’re Not Even Close to Sweden
Earlier this year, ‘media pundits’ called the Obama Administration Automaker bailouts a step closer to Swedish styled Socialism for America. Even The Daily Show with John Stewart sensed a gag in the making and sent comic Wayatt Cenac to Sweden on a report titled ‘The Stockholm Syndrome’. So what would Sweden have done with an automaker on [...]
