Tweet Well, GM finally did it. After months of speculation, the General finally decided their most performance oriented brand could last no longer. It make me wonder how much of that was a PC oriented move, and how much of it was based on purely business considerations. When you’re taking so much money from a [...]
Tweet So, the Obama administration has decided they no longer like having Rick Waggoner as CEO of GM, so he should resign. It’s somewhat reminiscent of the mob “suggesting” that the local shop owner should pay them insurance money because the world is a dangerous place. Now the Obama administration can step in and tell [...]
Tweet With the news this morning that Porsche A.G. increased their stake in VW to a majority, that old saw you always heard that “a Porsche is really just a VW” is ass-backwards. A VW is now a Porsche! So, all you GTI owners that really wanted a 911 are that much closer to your [...]
Tweet Many reports are circulating that General Motors is strongly considering “shedding” 4 of their brands; Saab, Saturn, Hummer, and Pontiac, in an attempt to return to profitability. They’ve been trying to rid themselves of Hummer for quite some time. If there were no takers when gas was expensive, one may step up now that [...]
Tweet The Chevy electric car, or more properly, the new Chevy Volt plug-in hybrid, and the similar cars its’ success is sure to spawn, is the best chance the General has to return to profitability after an especially bleak quarter. Even GM can’t absorb too many -$15 billion quarters and expect to survive. To be [...]
