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23 Jul 2010 13:53

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Biz: Ford makes it five straight quarters of actual profit

  • $2.6 billion in profits this quarter; who needs a bailout? source

29 Jun 2010 11:24

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Politics: No, really? Michigan governor: We have to diversify our economy

  • The world has changed and we have to change with it. There’s still hope for change, but we have to create our own way forward and not wait for change to come to us.
  • Michigan Gov. Jennifer Granholm • Saying the most mind-numbingly obvious thing we’ve ever published. Ever. With a state that has as high of unemployment as hers and a main industry struggling as much as the auto industry, the time to act is not now. The time to act was 20 years ago, when Michael Moore was making “Roger and Me.” We’re from Michigan, so we have even less sympathy for statements like this. No talk. Just make it happen. And don’t pretend that you haven’t had your opportunities. source

18 Jun 2010 11:52

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Biz: Evidence GM and Toyota are in an auto-industry upswing

  • GM Instead of having its traditional two-week factory shutdown this summer, the company plans to keep 9 of its 11 plants open.
  • Toyota The company is planning to actually use a plant it nearly finished but never opened up. 2,000 people will get jobs. source

27 May 2010 20:47

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Biz: Ford kills Mercury, has eyes on Zeus himself next

  • 528k number of Mercury models the automaker sold in 1985
  • 92k number of Mercury models they sold just last year
  • 0k number of Mercury models they plan to sell after 2010 source
  • Why kill them? Simply put, Ford is trying to ditch most of their sub-brands to focus on the flagship. Jaguar, Land Rover and Volvo have all met similar fates. Mercury has more history than any of those brands, though – at 71, it’s eligible for social security.

02 Mar 2010 10:37

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Biz: GM makes sure Toyota isn’t alone in its car-recall hell

  • 1.3 million Cobalts and G5s recalled due to power steering source

03 Feb 2010 21:19

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U.S.: Michigan Governor: We aren’t just about cars anymore

  • Where the old Michigan economy was all about autos and manufacturing…the new Michigan economy is much broader: clean energy, life sciences — like bio-economy and medical devices — homeland security and defense, advanced manufacturing, film and tourism.
  • Micigan Gov. Jennifer Granholm • In her final State of the State address before being term-limited out of office. The state, which has felt the worst effects of the recession, needs a change in mentality. Granholm says she plans to help the state leapfrog the auto industry in its entirety, while not quitting it entirely. With less than a year left, can she pull it off? With the economy in such dire straits, she needs to. source

20 Aug 2009 20:50

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Biz, U.S.: Cash for Clunkers over: It’s so hard to say goodbye to yesterday-eeeee

  • 457,000 clunkers number of cars accepted into one of the Obama administration’s most popular programs source
 

02 Aug 2009 02:33

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Biz, U.S.: Coming soon: More cash for more clunkers? It’s up to the Senate

  • $2 billion is on the table, but it still needs Senate approval source

29 Jul 2009 15:50

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Biz, U.S.: A damn shame: Nearly one-fifth of Detroit is out of work

  • 17% percent of Detroiters are sitting at home doing nothing source

28 Jul 2009 10:52

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Biz, U.S.: The history of the auto industry, lost with the bankruptcies?

  • Chrysler’s already scattered their archives. Much of the history of GM and Chrysler is well-embedded into American history. Which is why it’s a damn shame that one of Chrysler’s pre-bankruptcy owners, Cerberus, decided to close off the engineering library at the Chrysler Technical Center. They later gave large chunks of it away to whomever. The Truth About Cars’ Bob Elton makes an impassioned plea for auto companies to remember their history – the good and bad – and keep that information safe and available to the public. Especially in the wake of the fact that, you know, the American public owns huge chunks of it now. source