Cars
When GM and Chrysler were in trouble back in 2009, unemployment in the state of Michigan was at 14.2 percent, the worst in the United States. Today, following the government bailout and the two groups’ impressive recovery, that number has fallen closer to the 8.3 percent national average at 9.0 percent.
- Fewer And Fewer Americans Own A Vehicle; Trend Set To Continue
A study carried out by University of Michigan Transportation Research Institute (UMTRI) professor Michael Sivak revealed that the proposal of automotive ownership has been seeing fewer and fewer adepts ever since the year 2007. His findings indicated...
- U.s. Treasury Department Won’t Sell Gm Its Shares Back Until The Price Is Right
During the 2009 bailout, the U.S. Treasury Department invested more than US$50 billion in General Motors through Troubled Asset Relief Program. It currently owns a 26.5 percent stake in the company, a fact that has led bailout and government opponents...
- U.s. Gov Study Reveals Significant Decline In Border Crossings Through Canada And Mexico Over The Past Decade
A new study by the Department of Transportation’s Bureau of Transportation Statistics (BTS) reports a considerable decline in the number of people crossing from Mexico and Canada into the U.S.A from 2000 to 2009. The report found that the number...
- Usa: Car Loans That Are 60 Days Overdue Rise 17% In Q4 2008
If you had any reasons to doubt that many U.S. consumers are finding it more and more difficult to pay off their car loans, just take a look at the latest figures released today by Experian Automotive, a global information services company. According...
- U.s. Auto Sales Drop 15.5% In August
Falling gasoline prices didn’t seem to help automakers avert the downturn as U.S. light vehicle sales plunged for a tenth consecutive month in August. Overall sales for the month were 1.25 million vehicles, down a hefty 15.5 percent from August...
Cars
Shortage of Auto Engineers in Michigan Means Carmakers Will Pay More to Attract New Recruits
When GM and Chrysler were in trouble back in 2009, unemployment in the state of Michigan was at 14.2 percent, the worst in the United States. Today, following the government bailout and the two groups’ impressive recovery, that number has fallen closer to the 8.3 percent national average at 9.0 percent.
What’s more, there is more demand for automotive engineers than there are people looking for a job in the field.
Read more »- Fewer And Fewer Americans Own A Vehicle; Trend Set To Continue
A study carried out by University of Michigan Transportation Research Institute (UMTRI) professor Michael Sivak revealed that the proposal of automotive ownership has been seeing fewer and fewer adepts ever since the year 2007. His findings indicated...
- U.s. Treasury Department Won’t Sell Gm Its Shares Back Until The Price Is Right
During the 2009 bailout, the U.S. Treasury Department invested more than US$50 billion in General Motors through Troubled Asset Relief Program. It currently owns a 26.5 percent stake in the company, a fact that has led bailout and government opponents...
- U.s. Gov Study Reveals Significant Decline In Border Crossings Through Canada And Mexico Over The Past Decade
A new study by the Department of Transportation’s Bureau of Transportation Statistics (BTS) reports a considerable decline in the number of people crossing from Mexico and Canada into the U.S.A from 2000 to 2009. The report found that the number...
- Usa: Car Loans That Are 60 Days Overdue Rise 17% In Q4 2008
If you had any reasons to doubt that many U.S. consumers are finding it more and more difficult to pay off their car loans, just take a look at the latest figures released today by Experian Automotive, a global information services company. According...
- U.s. Auto Sales Drop 15.5% In August
Falling gasoline prices didn’t seem to help automakers avert the downturn as U.S. light vehicle sales plunged for a tenth consecutive month in August. Overall sales for the month were 1.25 million vehicles, down a hefty 15.5 percent from August...