Cars
Politics play a big part as far as large-scale auto manufacturers are concerned. The GM and Chrysler bailout initiated by Republican President George W. Bush and implemented by his Democrat successor in the White House, Barack Obama, was a political decision rather than one based solely on cold, hard facts.
- Fiat-chrysler Ceo To Announce 2013-2014 Sales Projection On October 30, Attacks Veba
It’s not the best of times to be a Chrysler-Fiat executive, never mind the group's CEO. Sales keep falling due to the European crisis, your Italian factories are operating at less than 50 percent of their capacity and you have postponed the...
- Fiat-chrysler Ceo To Meet With Italian Pm Amid Fears About Automaker's Future In The Country
On Tuesday, two days after two government ministers asked Fiat to clarify its plans, the Italian government announced Prime Minister Mario Monti would meet with Fiat and Chrysler CEO Sergio Marchionne on Saturday, September 22, to talk about the company’s...
- Obama Campaign Releases New Ads Touting Auto Bailout
While George W. Bush was the one to initiate the auto industry bailout in 2008, it is President Barack Obama who is trying to capitalize on it with the release of two new television advertisements as part of his reelection campaign. In the first spot,...
- Santorum Attacks Bush, Obama And Romney Over Gm And Chrysler Bailout
Another day, another presidential candidate of the Republican Party remembers the 2009 U.S. automotive industry bailout and declares his disdain by saying that both the country and the carmakers would be better off without it. So what else is new? Well,...
- Obama: Auto Industry Bailout Was The Right Thing To Do
President Barack Obama is using GM's recent loan repayment and Chrysler's operating profit as proof that his "unpopular" auto bailout decision was the right thing to do. "I knew this wasn't a popular decision. But it was the...
Cars
Fiat CEO Defiant Amid Analysts’ Dim Predictions, Believes Upscale Products will Save Italian Plants
Politics play a big part as far as large-scale auto manufacturers are concerned. The GM and Chrysler bailout initiated by Republican President George W. Bush and implemented by his Democrat successor in the White House, Barack Obama, was a political decision rather than one based solely on cold, hard facts.
Most European governments are now faced with the same problem due to the debt crisis that has led to a plunging new car market. The French government has already financed PSA Peugeot Citroen; Italians fear that Fiat, whose Italian plants are running way below their minimum capacity, as there is no demand to satisfy, may be forced to close some of them.
Read more »- Fiat-chrysler Ceo To Announce 2013-2014 Sales Projection On October 30, Attacks Veba
It’s not the best of times to be a Chrysler-Fiat executive, never mind the group's CEO. Sales keep falling due to the European crisis, your Italian factories are operating at less than 50 percent of their capacity and you have postponed the...
- Fiat-chrysler Ceo To Meet With Italian Pm Amid Fears About Automaker's Future In The Country
On Tuesday, two days after two government ministers asked Fiat to clarify its plans, the Italian government announced Prime Minister Mario Monti would meet with Fiat and Chrysler CEO Sergio Marchionne on Saturday, September 22, to talk about the company’s...
- Obama Campaign Releases New Ads Touting Auto Bailout
While George W. Bush was the one to initiate the auto industry bailout in 2008, it is President Barack Obama who is trying to capitalize on it with the release of two new television advertisements as part of his reelection campaign. In the first spot,...
- Santorum Attacks Bush, Obama And Romney Over Gm And Chrysler Bailout
Another day, another presidential candidate of the Republican Party remembers the 2009 U.S. automotive industry bailout and declares his disdain by saying that both the country and the carmakers would be better off without it. So what else is new? Well,...
- Obama: Auto Industry Bailout Was The Right Thing To Do
President Barack Obama is using GM's recent loan repayment and Chrysler's operating profit as proof that his "unpopular" auto bailout decision was the right thing to do. "I knew this wasn't a popular decision. But it was the...