CAFE standards

Why the giants of Detroit have stumbled.

The rhetoric around the Big Three bailout is virulent. The finger pointing is intense. And most of it is total poppycock. The New York Times had an article this morning about the Chevy Volt electric car. One car is all GM, a global auto manufacturer, is betting the whole company on one car. An overpriced Read More

Throwing good money after good.

The State of Ohio offered GM $56 million dollars to keep Moraine General Assembly (the truck plant) open. Luckily, even as stupid as the GM leadership is, they turned the State down. 2,400 GM workers and thousands of others who support the plant will lose their jobs. Yes, it sucks. But, why invest in yesterday? Read More