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Tag: Chrysler


Photo by Matthew Hillier (CC-BY-SA)

Center for Auto Safety Dissatisfied With Chrysler’s Jeep Recall

The nonprofit group The Center for Auto Safety says that Chrysler’s Jeep recall, which the car manufacturer finally agreed to June 18 after an ongoing battle with the National Highway Traffic Safety Administration, is insufficient and will not fix the vehicle’s defect.

Posted on Jun 24, 2013 READ MORE



AP/Elise Amendola

Cerberus Collected Ex-Government Opportunists

How fitting that Dan Quayle, a bumbling excuse for a vice president of the United States, should end up as a top executive of a $20 billion private equity firm mired in controversy.

Posted on Dec 28, 2012 READ MORE



crowt59 (CC BY 2.0)

Protecting Your Ride From the New Ethanol Blend

A new policy approved by the EPA will allow states to permit the sale of fuel that contains up to 15 percent ethanol, and the difference could damage your car.

Posted on Dec 26, 2012 READ MORE



Screenshot

Romney’s Latest Lie, His Former Lies and Why We Must Not Put Liars in the White House

Over the weekend, Romney debuted an ad in Ohio showing cars being crushed as a narrator says Obama “sold Chrysler to Italians who are going to build Jeeps in China. Mitt Romney will fight for every American job.” This is only the most recent in a stream of lies from Romney.

Posted on Oct 30, 2012 READ MORE



Clinton Mocks Romney, ‘Heckuva Job Brownie’ Knocks Obama, and More

A look at the day’s political happenings, including Mitt Romney’s latest campaign deception and New Jersey Gov. Chris Christie offering praise for President Obama.

Posted on Oct 30, 2012 READ MORE



The Huffington Post

Eastwood on Detroit: ‘Motor City Is Fighting Again’

Those who caught the Super Bowl broadcast Sunday might have heard Clint Eastwood’s gravelly growl emanating from their sets during one of the big game’s coveted ad breaks.

Posted on Feb 6, 2012 READ MORE


The Difference Between Rhetoric and Reality

President Obama went over to Toledo, Ohio, to thank the workers at a Chrysler plant for the bailed-out auto industry’s newfound profitability, but, as this video attests, the workers of that community are not feeling the love from Obama’s corporate welfare.

Posted on Jun 16, 2011 READ MORE



YouTube

‘This Is What We Do’: Why I Hated Chrysler’s Super Bowl Ad

The Super Bowl commercial is a shell game. Detroit’s pain isn’t the result of some existential crisis of faith, but a direct consequence of the amoral, profit-seeking behaviors of Chrysler itself.

Posted on Feb 9, 2011 READ MORE


Pols Debate Chrysler Super Bowl Ad

Given the outsourcing, the massive bailout, the abandoned houses and the rest of the city’s emotional baggage, it was sort of inevitable that Chrysler’s “Imported from Detroit” ad, featuring Eminem and spanning roughly $12 million worth of airtime, would elicit cheers and jeers from Congress.

Posted on Feb 7, 2011 READ MORE


auto industry
fordnewsblog.wordpress.com

‘Cash for Clunkers’ Gives Auto Industry a Lift

Those dangerous socialists in our federal government have really done it this time. Why, they’ve ... engineered a way to give the American auto industry a much-needed boost with their successful “Cash for Clunkers” program.

Posted on Sep 1, 2009 READ MORE



Flickr / ThreadedThoughts

Hold On to Your Clunkers, the Cash Is Coming

The Senate is finally getting around to approving more money for the wildly successful “cash for clunkers” program, which seems to have saved the auto industry from the forces of recession and bankruptcy. With an additional $2 billion on the way, the administration hopes to transform 500,000 more clunkers into cleaner, smaller, more efficient vehicles.

Posted on Aug 5, 2009 READ MORE


GM building
Flickr/richardefreeman

Here Comes the ‘New’ GM

General Motors Chief Executive Fritz Henderson tooted his company’s horn plenty when he ushered in a new, post-bankruptcy era for the Detroit automaker—but he couldn’t promise that GM 2.0 would be able to pay back the billions of dollars his company got from taxpayers.

Posted on Jul 10, 2009 READ MORE



Flickr / dok1

Supremes Stall Chrysler Deal

The Supreme Court has put the brakes on President Obama’s plans to bail out the auto industry, ordering a stay of the sale of Chrysler to Fiat. Before the ruling, the administration said blocking the deal would have “grave consequences” for Chrysler. Also, it could threaten the government’s plans for the much larger and more complicated GM. Update

Posted on Jun 8, 2009 READ MORE


A Lemon of a Bailout

With GM’s bankruptcy filing on Monday, we the people have become majority owners of a museum-quality piece of industrial history.

Posted on Jun 1, 2009 READ MORE


Crash

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Posted on May 5, 2009 READ MORE


Obama
AP photo / Gerald Herbert

Obama’s Next Target: Hedge Funds

President Obama gave certain hedge fund manager types who held out for “an unjustified taxpayer bailout,” as he put it, a dressing down in the midst of his comments about Chrysler’s bankruptcy filing on Thursday. Needless to say, that didn’t go over so well with the targeted demographic.

Posted on Apr 30, 2009 READ MORE


The End of the Middle Class as We Know It

This is how it ends. Or at least, this is how the latest, sad chapter in a story that has been ending for three decades is written.

Posted on Apr 29, 2009 READ MORE


Left, Right & Center

‘Left, Right & Center’: Torture, Credit Cards and Chrysler

Even Fox News’ Shep Smith said it: America doesn’t torture ... although the recently released set of torture memos belies that declaration. Meanwhile, President Obama’s none too pleased with credit card companies, and Chrysler has hit the skids. Was there any good news this week? Tony Blankley thinks so.

Posted on Apr 24, 2009 READ MORE



Flickr / Dr. Keats

Chrysler Heads for the Chop Shop

The Treasury Department has cut a deal with the United Auto Workers to send Chrysler into bankruptcy while protecting retiree benefits, The New York Times reports. Fiat would be in a more favorable position to take a cut of the company once it’s in bankruptcy. Chrysler’s equity stakeholders are shaping up as the big losers in all of this.

Posted on Apr 23, 2009 READ MORE


auto industry
fordnewsblog.wordpress.com

Blurring the Line Between Business and Government

President Obama grabbed the proverbial steering wheel on Monday, shaking up the American auto industry by stating tougher conditions for receiving federal subsidies and forcing GM’s CEO to step down. But critics are wrong to suggest that this represents an unprecedented use of executive power.

Posted on Mar 31, 2009 READ MORE


Cars, Banks and Confusion

The president is telling Detroit to shape up or die while at the same time politely asking Wall Street, whose recklessness and greed caused this economic crisis, if it would be so kind as to accept another heaping helping of taxpayer funds.

Posted on Mar 30, 2009 READ MORE



Flickr / richardefreeman

Obama Team Scraps Auto Bailout

The Obama administration auto task force has sent both GM and Chrysler back to the drawing board, turning down requests for additional loans until the companies come up with more realistic restructuring plans. The government will prop up GM for two months while the automaker tries again. Chrysler has 30 days.

Posted on Mar 29, 2009 READ MORE


Downward Automobility

It makes sense to prop up ailing carmakers. Allowing GM and Chrysler to go bankrupt could be a triggering event that might make a very bad economy much worse.

Posted on Feb 18, 2009 READ MORE


General Chrysler
truckend.com

More Aid, Please

General Motors, recipient of the 2009 “Nation’s Most Resistant-to-Change Company That Still Gets Federal Assistance” award, wants more. The auto giant on Wednesday asked for $16.6 billion in loans, on top of the $13.4 billion already granted. All this amid GM plans to shed 47,000 jobs worldwide.

Posted on Feb 18, 2009 READ MORE


auto industry
fordnewsblog.wordpress.com

Auto Task Force ... Activate!

What’s to be done about the floundering American automotive industry? Appoint a “car czar,” you say? No, this is a job for a whole team of people, such as the newly formed Presidential Task Force on Autos. One small hitch: It’ll be headed up by Timothy Geithner and Lawrence Summers.

Posted on Feb 16, 2009 READ MORE


Bush with football
freewebs.com

Bush Passes Bailout Buck to Obama

Although President Bush has kicked off the auto industry bailout process before leaving office, some would call Bush’s strategy more of a punt to his presidential successor, Barack Obama.

Posted on Dec 20, 2008 READ MORE


Bush Bailed Out
The New York Times / Doug Mills

To the Bailoutmobile!

In an avowed effort to save capitalism from itself, President Bush announced Friday that he would throw the Big Three failing auto companies a $17.4 billion lifesaver, siphoning that money from the initial $700 billion bailout slush fund authorized by Congress in October.

Posted on Dec 19, 2008 READ MORE


ENTER_ALT_TEXT
New York Times / Stephen Crowley

Bailout to Jump-Start Detroit

Agreement has been reached between the White House and congressional Democrats to offer the U.S. auto industry a $14 billion emergency package aimed at keeping the Big Three going until spring. Also, in the grand tradition of state socialism, the deal includes a new auto “czar” to oversee the restructuring of Detroit.

Posted on Dec 10, 2008 READ MORE



Flickr / Franco Folini

Senator Tells GM Chief to Take a Hike

As congressional leaders, the White House and President-elect Obama came to terms with a $15-billion loan package for the auto industry, Sen. Chris Dodd suggested Sunday that not all executives should stick around to spend that money. GM CEO Rick Wagoner “has to move on,” the senator declared on “Face the Nation.”

Posted on Dec 7, 2008 READ MORE


Big Three
aolcdn.com

Poll: Auto Bailout Low on Fuel

With a bailout of the Big Three hovering over our political landscape, popular opinion has signaled a considerable voice against any federal support for the failing auto industry. A poll shows 61% of Americans oppose a bailout, believing any government assistance would be both unfair and ineffective in fixing the economy.

Posted on Dec 3, 2008 READ MORE


Ford logo
cartype.com

Ford Asks Gov’t for $9 Billion

After a dismal November, Ford Motor Co. is hanging by a thread, but the automaker told Congress on Tuesday that it is in better shape than Chrysler and General Motors and could make it through its current economic crisis with a little help—to the tune of $9 billion in standby loans.

Posted on Dec 2, 2008 READ MORE


Neigh Sayer

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Posted on Nov 30, 2008 READ MORE    



AP photo / Carlos Osorio

Bailout or Bust: How to Save the Big Three From Themselves

There’s no guarantee that a bailout would save the incompetently managed American automobile industry. However, doing nothing may be worse, especially for the state of Michigan.

Posted on Nov 20, 2008 READ MORE


ENTER_ALT_TEXT
washingtonpost.com

Running on Empty

Republican Sen. Richard Shelby seems to be one of the only real capitalists left on Capitol Hill. The Alabaman argued Wednesday that U.S. auto firms should be left to the realities of the market, letting companies like Ford, GM and Chrysler go bankrupt and forcing the failing industry to carry out what Shelby believes are much-needed reforms.

Posted on Nov 19, 2008 READ MORE



Flickr / SteelCityHobbies

Detroit Bailout Looks Unlikely

The chief executives of the Big Three American car companies head to Washington Tuesday along with the head of the United Auto Workers to beg Congress for a bailout that seems less and less probable.

Posted on Nov 18, 2008 READ MORE



chryslerllc.com

Chrysler’s Electric Car Coming in 2010

With gas-guzzling brands such as Jeep and Dodge, Chrysler has had a particularly hard time selling its cars to weary consumers, but it turns out that the company has three forward-thinking models headed to a showroom near you.

Posted on Sep 23, 2008 READ MORE


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