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06 Aug 2009 20:58

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U.S.: Cash reclunked: The senate lets more clunker funds flow

  • 60-37 looks just like the Sotomayor vote source
Posted by Ernie Smith • 0 Comments • Permalink

01 Aug 2009 13:15

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Biz, U.S.: What happens to the vehicles clunked for cash?

  • It’s kind of backwards because we’re used to fixing them. But it’s kind of fun to destroy them at the same time.
  • Auto technician John Eichorn • Describing what he does with the gas-guzzler vehicles exchanged in the Cash-for-Clunkers program. Eichorn has to put a special chemical in the motor that freezes it, preventing it from running (the vehicle gets a special stamp noting this), but other parts of the vehicle can be re-used once it’s brought to a salvage yard. “Some of it is a shame because they are good running vehicles,” he says, “but the program wouldn’t be effective if the car wasn’t destroyed because it can’t be on the road anymore.” • source
Posted by Ernie Smith • 0 Comments • Permalink

31 Jul 2009 10:09

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Biz, U.S.: Cash-for-clunkers in the trash: Is it suspended, or isn’t it?

The money is nearly gone. The Transportation Department says it’s suspended. The White House says it isn’t. Dealers weren’t sure. PANIC! source
Posted by Ernie Smith • 0 Comments • Permalink

30 Jul 2009 20:53

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Biz, U.S.: That was quick: The cash-for-clunkers program, put on hold

  • one month the length of time the cash-for-clunkers program was in operation; it was as popular as a pile of free KFC coupons source
Posted by Ernie Smith • 0 Comments • Permalink

02 Jun 2009 11:07

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Biz, U.S.: GM sez parties making interested rings around Saturn

  • 16 interested parties approached GM about buying the brand source
Posted by Ernie Smith • 0 Comments • Permalink

01 Jun 2009 22:08

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Biz: First to go in the GM bankruptcy? The corporate jets.

  • 7 number of “not necessary” corporate jets GM wants to ditch source
Posted by Ernie Smith • 0 Comments • Permalink

01 Jun 2009 08:44

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Biz, U.S.: Big auto news #2: GM files for bankruptcy protection

  • One of the country’s greatest icons of industry is no longer independent. After years of mounting losses and an inevitable couple of weeks, General Motors filed for bankruptcy this morning. source
  • The automaker, which has been eroding market share since the ’80s and lost $30 billion last year alone, will likely be 60% owned by the federal government, which is sarcastically awesome. source
Posted by Ernie Smith • 0 Comments • Permalink
 

23 May 2009 19:10

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Biz, U.S.: GM keeps needing money and the U.S. Treasury keeps giving it

  • $4 billion more in another bandage prior to bankruptcy source
Posted by Ernie Smith • 0 Comments • Permalink

19 May 2009 23:05

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Biz, Tech: From DaimlerChrysler to DaimlerTesla: Daimler goes electric

  • 10% Daimler’s stake in fledgling electric automaker Tesla source
Posted by Ernie Smith • 0 Comments • Permalink

15 May 2009 12:57

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Biz: GM begins its long, crazy trip to screwing over its dealers

  • 1,100 dealers learned today that GM’s not working with them anymore source
Posted by Ernie Smith • 4 Comments • Permalink
 
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