Cars
Temple University Economics Professor William Dunkelberg recently posted a nice, succinct article on how GM really didn't repay us after all.
- New Chrysler 300 "the Kings & Queens Of America" Spot Narrated By Got's Peter Dinklage
After the "Imported From Detroit" and "America's Import" campaigns, Chrysler has a new tagline named "Drive Proud" that focuses on the 300 and this is the first spot to hit the air. Read more »...
- Bailout Execs Criticized For Receiving Big Salaries, Some Claimed They Couldn't Survive With $500k…
On Tuesday, the Office of the Special Inspector General charged with auditing the government's Troubled Asset Relief Program (TARP), which bailed out among others General Motor and the Chrysler Group, came out with a report criticizing the U.S. government...
- Vw Group To Invest €51.6 Billion In Its Automotive Division Over The Next Five Years
€51.6 billion, or about US$71 billion at today's exchange rates, is a lot of money - equal to around 15% of Sweden's GDP, for example. Nevertheless, that's the amount of money that will be poured into the Volkswagen Group's automotive...
- General Motors Could Get Over $45 Billion In Future Tax Breaks
According to the ever-enjoyable Wall Street Journal, General Motors may come away from its near-death experience with over $45 Billion in tax breaks on future profits over. Yes, that is Billion with a "B". How exactly did that happen? Somewhere...
- Chrysler Llc Begins Spending Government Loan With 'thank You America' Print Ad...
American taxpayers will be glad to know that the folks over at cash-strapped Chrysler LLC thank them for the approved government loan of $4 billion that they received to help bridge the current economic crunch. In fact, Chrysler is so thankful that it...
Cars
Professor Claims General Motors "Repaid Us With Our Money"
Temple University Economics Professor William Dunkelberg recently posted a nice, succinct article on how GM really didn't repay us after all.
He explains that the $8 Billion that GM gave back was clearly nowhere near the $80 Billion of TARP funds US taxpayers "invested" in GM and Chrysler. Instead, taxpayers received 61% of GM ("and a block of stock for the UAW").
Dunkelberg slams GM by saying that such a loss hardly represents the returns necessary to drive up the stock price "needed to insure a return of taxpayer money", hinting that he really doesn't believe GM will be able to pay everything back.
- New Chrysler 300 "the Kings & Queens Of America" Spot Narrated By Got's Peter Dinklage
After the "Imported From Detroit" and "America's Import" campaigns, Chrysler has a new tagline named "Drive Proud" that focuses on the 300 and this is the first spot to hit the air. Read more »...
- Bailout Execs Criticized For Receiving Big Salaries, Some Claimed They Couldn't Survive With $500k…
On Tuesday, the Office of the Special Inspector General charged with auditing the government's Troubled Asset Relief Program (TARP), which bailed out among others General Motor and the Chrysler Group, came out with a report criticizing the U.S. government...
- Vw Group To Invest €51.6 Billion In Its Automotive Division Over The Next Five Years
€51.6 billion, or about US$71 billion at today's exchange rates, is a lot of money - equal to around 15% of Sweden's GDP, for example. Nevertheless, that's the amount of money that will be poured into the Volkswagen Group's automotive...
- General Motors Could Get Over $45 Billion In Future Tax Breaks
According to the ever-enjoyable Wall Street Journal, General Motors may come away from its near-death experience with over $45 Billion in tax breaks on future profits over. Yes, that is Billion with a "B". How exactly did that happen? Somewhere...
- Chrysler Llc Begins Spending Government Loan With 'thank You America' Print Ad...
American taxpayers will be glad to know that the folks over at cash-strapped Chrysler LLC thank them for the approved government loan of $4 billion that they received to help bridge the current economic crunch. In fact, Chrysler is so thankful that it...