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Tag Archives: Automaker Bail-Outs
Never Let A Good Weinergate Go to Waste
As the saga of Rep. Anthony Weiner drags on, it provides the perfect opportunity for Obama. It becomes another distraction, like releasing a long form birth certificate, or running a victory lap over Osama bin Laden. So in light of the appalling jobless figures last week, Obama visited Chrysler in Ohio to trumpet the success [...]
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 [...]
