Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.
Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.
Toyota has widened its global sales lead over General Motors because its factories have recovered from last year’s earthquake.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
FREMONT (KCBS) – Electric vehicle sales in California have taken off, industry officials said Friday as they urged state leaders to ensure there is infrastructure to support the growing number of electric vehicles. General Motors […]
The comeback of the American auto industry may depend on whether the high tech engineers needed to design cutting edge cars will consider living in Detroit instead of the Bay Area.
The recent return to profitability at General Motors could mean more Bay Area dealerships in the future.