Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.
Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
A risk of engine fires is forcing General Motors to recall its popular Chevrolet Cruze compact car.
A-123 Systems will provide advanced Nanophosphate lithium ion battery systems for an unannounced product line at GM.
The Insurance Institute for Highway Safety recognized 66 vehicles on Wednesday with its “top safety pick award” for the 2011 model year, the most-ever awarded.
The Chevy Volt isn’t a typical hybrid. It has an electric motor.
In a survey of car owners conducted by Consumer Reports, the reliability of General Motors’ cars has improved drastically in the past year – with some GM brands outranking several European manufacturers – and Ford now outranks Mazda and Nissan.