Tag Archives: Auto-Bailout

GM Creating 10,000 New IT Jobs

Posted on October 9, 2012 at 2:30 pm by JM Ashby

Good news — Government General Motors announced plans yesterday to hire 10,000 additional IT workers over the next several years, far out-pacing it’s closest competitors. The nation’s biggest automaker is moving past layoffs and the Motor City’s rusty, low-tech image … Continue reading →

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Let Them Go Bankrupt!

Posted on October 3, 2012 at 3:05 pm by JM Ashby

Good news for America. Bad news for Mitt Romney. Auto sales have risen nearly 15 percent in 2012 and are now at their highest level since before the 2008 financial crisis. A total of 1.19 million automobiles were sold in … Continue reading →

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Debate Prep

Posted on October 2, 2012 at 8:00 pm by JM Ashby

Artist – Dave Granlund In other news, Chrysler posted their best sales during the month of August since 2007. Clearly we should have let them go bankrupt.

Posted in Open Thread | Tagged , , , , | 1 Comment

Let Them Go Bankrupt!

Posted on September 4, 2012 at 3:30 pm by JM Ashby

Are you better off than four years ago? American automakers are better off. August sales ran at an annual pace of about 14.5 million vehicles, automakers and analysts said. General Motors Co. said its U.S. sales rose 10% to 240,520 … Continue reading →

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Let Them Go Bankrupt!

Posted on July 5, 2012 at 5:00 pm by JM Ashby

According to Detroit News, U.S. automakers are projecting that sales for 2012 will total more than 14 million vehicles. U.S. car and truck sales could surpass 14 million for the first time in five years, with every major automaker reporting … Continue reading →

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Let Them Go Bankrupt!

Posted on June 5, 2012 at 6:15 pm by JM Ashby

New data released today by the Bureau of Economic Analysis revealed that Michigan, the home of the American auto-industry, had the sixth highest rate of growth in the nation in 2011. Michigan’s economy grew at a rate of 2.3 percent … Continue reading →

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Let Them Go Bankrupt!

Posted on May 23, 2012 at 4:30 pm by JM Ashby

According to a new report from USA Today, American automakers are now operating at “maximum capacity.” Some are canceling annual shutdowns and adding new shifts to keep up with demand, which is now projected to reach 14.3 million vehicles in … Continue reading →

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Nothing To Celebrate

Posted on June 5, 2011 at 4:45 pm by JM Ashby

John Boehner on the success of the auto-industry bailout which saved millions of jobs. “The administration’s auto bailout is nothing to celebrate,” said Brendan Buck, a spokesman for House Speaker John Boehner, an Ohio Republican. “The model the White House … Continue reading →

Posted in Economy | Tagged , , , , | 13 Comments