Auto Industry at Oil Change

Archive for the 'Auto Industry' Category

The End of the Road?

0 Comments Published by Andy Rowell December 12th, 2008 in Alternative energy, Auto Industry, Car manufacturers, Financial Crisis, Fuel Efficiency, US politics, gas guzzlers

It is over fifty years ago when the then Chief Executive of General Motors, Charles Wilson, famously told the Senate in 1953 that “for years I thought that what was good for our country was good for General Motors, and vice versa”.
Not any more. It could well be the end of the road for General […]

Help Defeat Dingell “the Dinosaur”

1 Comment Published by Andy Rowell November 14th, 2008 in Alternative energy, Auto Industry, Car manufacturers, Climate Change, Coal, Iraq, Separate Oil and State, US politics

Next week there is another crucial American election.
OK – its not as important as the one ten days ago, but the outcome will have a huge bearing on Obama’s plans for energy, climate change, and how he tackles America’s ailing auto industry.
The battle is for the Chairmanship of the powerful Energy and Commerce Committee. In […]

The $50 Billion Bail-Out

1 Comment Published by Andy Rowell November 7th, 2008 in Auto Industry, Fuel Efficiency, SUVs, US politics, gas guzzlers, transport

I wonder how Main-Street feels about this one. Even though millions of Americans are already outraged over bailing out Wall Street, they are now being asked to bail out Detroit too.
Later this morning expect dismal third-quarter results from GM and Ford, estimated at $2 billion each, which will probably plunge the markets even deeper down.