Six automakers, including Toyota, Honda and Nissan, are recalling nearly 3.4 million older-model vehicles worldwide because of defective air bags that can send shrapnel flying into the passenger compartment.
As the campaign draws to a close it has become very apparent that Obama will return to the White House and that Harry Reid will lead a Democratic Senate.
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.
What was most clear tonight, though, is that Mitt Romney has no idea how the world works and the Office of the President is no place for on the job training.
With the CBS Local Presidential Forum coming to a close Barack Obama and Mitt Romney take their chance to set the record straight, pointing out the false accusations their opponent has leveled and giving their response.
A risk of engine fires is forcing General Motors to recall its popular Chevrolet Cruze compact car.
GM is suspending production of the Volt for five weeks – laying off 1,300 workers – in order to “match production with demand,” which means no one’s buying them.
WBZ News Radio’s Financial Editor Dave Caruso reports on expected good news on the weekly jobs data, President Obama attending the G-20 Summit in South Korea, and GM’s financial turnaround.
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.