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12 May 2009 09:42

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Biz: Summer’s closing in. Gas prices are on the rise again.

  • 10% or 20¢, increase in gas prices in the last 14 days source
Posted by Ernie Smith • 0 Comments • Permalink

08 May 2009 11:50

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Biz: Think GM is doing really bad? Check out Toyota’s losses.

  • $4.4 billion in annual losses – their first down year since 1950 source
Posted by Ernie Smith • 0 Comments • Permalink

27 Apr 2009 11:02

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Biz, Politics: Peace out, Pontiac: You will be missed, old friend

  • It wasn’t only the muscle cars, the GTO or the ’67 Firebird or the beastly Trans-Am, that made Pontiac something special.
  • “The Swamp” blogger Mark Silva • Reminiscing about the death of the Pontiac brand, which was announced today along with all those job cuts by GM. The Pontiac brand slowly but surely evolved away from those muscle cars that defined it early on, but they still define the brand to many. • source
Posted by Ernie Smith • 2 Comments • Permalink

26 Apr 2009 20:53

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Sports: This NASCAR race had it all: Crashes, injuries, and flying debris

  • 7 were injured when Carl Edwards’ car went flyin’ at Talladega source
Posted by Ernie Smith • 0 Comments • Permalink

22 Apr 2009 22:33

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Biz, Politics: Expect GM’s decision to screw over all sorts of industries

  • There could be failures in lots of different industries as a result of this. One lost job at GM can result in up to 10 lost jobs elsewhere.
  • Mark Zandi • Chief economist at Moody’s Economy.com, on the potential mushroom effect this GM taking a break business could have on the freaking economy. We recommend that those 10 lost jobs elsewhere stock up on the Peanut Butter Crunch, because there’s gonna be a run on it because of all the middle aged men watching cartoons on a Tuesday afternoon. • source
Posted by Ernie Smith • 0 Comments • Permalink

16 Apr 2009 10:25

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Biz: A group of people want to buy Saturn from G.M. Whoo.

If you were an investor, wouldn’t you be interested in taking these cars off the hands of a failed auto giant? source
Posted by Ernie Smith • 2 Comments • Permalink

01 Apr 2009 22:56

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Biz, Politics: Editorial: Carmakers could have pulled the electric trigger long ago

  • In Michigan, we are doing everything we can to become the home of this new electric auto industry – and to the jobs this industry will create.
  • Gov. Jennifer Granholm • On the rebuilding of the industry that’s the cornerstone of that state. GM had a chance to do the electric car right and a captive audience, and they limited its appeal and let it die. It seems like a sad commentary on our country’s priorities that it takes near-bankruptcy to convince the auto industry to properly give electric cars an actual shot. • source
Posted by Ernie Smith • 2 Comments • Permalink
 

30 Mar 2009 00:30

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Biz, U.S.: The bailed-out auto companies are pretty much screwed

  • 60 days for General Motors to restructure in a way that doesn’t suck; if it doesn’t, the bailout funds go dry. source
Posted by Ernie Smith • 0 Comments • Permalink

23 Mar 2009 10:31

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Tech: The Tata Nano: It’s like the cheapo car version of the iPod Nano

At £1,300, it costs as much as a Vespa, but this uber-cheap, kinda-ugly Indian car may be perfect for city drivers. source
Posted by Ernie Smith • 0 Comments • Permalink

16 Feb 2009 10:20

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U.S.: One “car czar” isn’t enough. Obama needs a task force.

  • The auto industry is “necessary,” says an Obama advisor. After initially saying he was going to put one guy in charge of the auto industry’s restructuring, Barack Obama thanks a staff is necessary, an official says. The task force would be overseen by Treasury Secretary Timothy Geithner and White House economic adviser Lawrence Summers. Tomorrow is GM and Chrysler’s deadline for submitting their company’s plans to restructure. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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