We wish we could get excited about Scott Brown*. Yes, his victory was historic. Yes it will mean interesting things in Washington. But for the love of Benji, did the man have to whip out a pickup truck to prove that he's a red-blooded American? Snore. Now, look: we have nothing against pickup...
The ongoing tale of Saab's sale may be drawing to a close, as early reports out of Sweden today have General Motors and Swedish supercar maker Koenigsegg, along with a group... June 14, 2009 by Kenneth Hall 13
The Cash for Clunkers bill is just one of the incentives the government is trying to implement to bring the U.S. auto industry back to its pre-recession levels. Now, the Cash... June 12, 2009 by Jeremy Weber 5
With accusations and hyperbole that the U.S. government's bailout of the Detroit 3 is a clear step towards socialism, President Barack Obama's automotive task force that has... June 11, 2009 by James Martinez 3
Earlier this year the original ‘Cash for Clunkers’ bill was rejected by the Senate because of research that showed the program wouldn't have made much impact on... June 9, 2009 by James Martinez 3
The future of Saab is starting to look much brighter, thanks in part to important concessions from General Motors to help it build and design its own range of cars in the... May 19, 2009 by Alex Kaufmann
The last thing we heard about Saab was that the struggling General Motors division had up to 20 interested buyers and a May 20 deadline to restructure under the guidance of... May 6, 2009 by Kenneth Hall 4
GM's decline over the course of this year wasn't enough to convince bondholders and the UAW to grant any concessions, but recent reports that the carmaker was in... April 15, 2009 by Ralph Hanson 3
In the first major sign that the U.S. government was keen on helping out the entire domestic auto industry and not just the Detroit 3 carmakers, the U.S. Treasury approved a... April 7, 2009 by James Martinez
Chrysler’s request for an additional $2 billion in government funded loans in its latest viability proposal looks trivial compared to the $16.6 billion requested by... February 17, 2009 by Viknesh Vijayenthiran 1
Building a foundation for the reconstruction of the industry, General Motors and Chrysler are required to submit new plans for viability today as part of the loan agreement... February 17, 2009 by Ralph Hanson
A lot of hullabaloo on the topic of the need (or lack thereof) to act quickly and decisively on the economy, and to help kick-start the car industry in particular, has been... February 13, 2009 by Nelson Ireson 1
President Obama and his administration has made much political hay over the impending disaster that could befall the U.S. economy barring swift action. Today Obama called... February 12, 2009 by Nelson Ireson 2
No one at this point doubts the country's, or the world's, economic woes, most especially those within the car industry. So the passage today of a Senate bill allowing the... February 3, 2009 by Nelson Ireson
The first $13.4 billion in auto industry loan funds have been disbursed to General Motors and Chrysler, but already Michigan's congressional representatives are seeking... January 23, 2009 by Nelson Ireson 2
The on-again, off-again saga of the auto industry rescue package has finally come to a (temporary) end: President Bush this morning signed an agreement securing $17.4 billion... December 19, 2008 by Nelson Ireson 3