MARK PHELAN Myth and reality in federal auto loans
The News Review:
- MARK PHELAN Myth and reality in federal auto loans
- US auto dealers lobby Senate “clunkers” accelerate
- Charles Krauthammer: Credit crisis auto failures just side shows …
- Moore Nugent Wilson sound off on Detroit
- Sports Briefing | Auto Racing Awards Show May Move
- Delphi GM and auto task force to hold talks in DC
- Auto Racing Live for IPhone
MARK PHELAN Myth and reality in federal auto loans
Detroit Free Press
See instructions for fixing the problem. MARK PHELANMyth and reality in federal auto loansBY MARK PHELAN • FREE PRESS AUT CRITIC• April 5 2009.
US auto dealers lobby Senate “clunkers” accelerate
Reuters
SUPPRT FR ‘CLUNKER’ PLAN Additionally on Wednesday proposals to stimulate car sales took shape in the House of Representatives and Senate with any final action still weeks away lawmakers said. Competing proposals would offer a voucher worth up to $5000 to consumers who trade in older less fuel efficient vehicles for new ones that get sharply higher gas mileage. “The American auto industry is in serious jeopardy. Now is not the time to point fingers or ask how we got here. The question is what Congress can do to help jump-start these companies save jobs and create a more fuel efficient fleet” said a joint statement from Democratic Senators Dianne Feinstein of California and Charles Schumer of New York.
Charles Krauthammer: Credit crisis auto failures just side shows …
Houston Chronicle
Despite these astonishments I remain more amused than alarmed. First the notion of presidential car warranties strikes me as simply too bizarre too comical to mark the beginning of Yankee Peronism. Second there is every political incentive to make these interventions in the banks and autos temporary and circumscribed. For President Barack bama autos and banks are sideshows. Enormous sideshows to be sure but had the financial meltdown and the looming auto bankruptcies not been handed to him he would hardly have gone seeking to be the nation’s car and credit czar. bama has far different ambitions. His goal is to rewrite the American social compact to recast the relationship between government and citizen.
Moore Nugent Wilson sound off on Detroit
The Associated Press
Moore recently was flying to Detroit when on approach an out-of-towner in a nearby seat motioned toward the window and asked the filmmaker: “What’s it like down there?”Nothing like it used to be Moore told his fellow traveler. “There was an attitude then that anything was possible” said Moore who feels the old Detroit mantra that hard work equals a good life no longer holds. He places the blame on the shoulders of auto executives who he says presided over “a pathetically run business. “He applauded President Barack bama’s decision to remove Rick Wagoner from his post atop General Motors Corp. The new president on Monday also rejected GM’s and Chrysler LLC’s restructuring plans and set the stage for a major realignment of the industry. Nugent the wildman rocker and outdoor enthusiast known as the “Motor City Madman” is far to the right of Moore on the political spectrum and doesn’t see government intervention in autos as a particularly good thing. “Left to their own accord and entrepreneurial enterprise I am confident the U.
Sports Briefing | Auto Racing Awards Show May Move
New York Times
The Las Vegas Review-Journal reported Friday that the city’s Convention and Visitors Authority had reached an initial agreement to host the banquet beginning this year. Final details were still being discussed. The track owner Bruton Smith who has long pushed for the move said: “The hotel rooms will be half or less than New York. It won’t be snow and ice on the ground.
Delphi GM and auto task force to hold talks in DC
The Associated Press
and its former parent General Motors Corp. will meet with representatives from President Barack bama’s auto task force on Monday for talks that could get the struggling auto supplier out of bankruptcy protection. The talks also will involve Delphi’s lenders and creditors.
Related from Rizzicreations: Task force holds fate of auto industry
Auto Racing Live for IPhone
PC World
Auto Racing Live gives you that information but little else. (Image Caption: NASCAR in Your Pocket: Auto Racing Live gathers racing headlines from ESPN Yahoo and Fox Sports. You’re unable to add additional feeds. )The NASCAR-focused app from.
Written by admin on April 5th, 2009 with
no comments.
Read more articles on News.