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Tag Archives: GM
The last car has rolled off the production lines at California’s sole auto plant in Fremont. (San Francisco Bay Area) The plant made Toyota Tacoma trucks and Corolla sedans. The plant began 25 years ago as a joint venture between … Continue reading
Public opposition to the auto bailouts may translating into consumer buying decisions, with 46% of Americans now saying they are more likely to buy a car from Ford because it did not take government money to stay in business. Nearly … Continue reading
Washington and Wall Street seem to be treating California as if it were a sideshow in the financial circus of these turbulent times. It’s not. California is home to the largest manufacturing belt in the United States and to Silicon … Continue reading
Pretty stupid. Watching Fox News Sunday, I caught a panel on which Obama economic advisor Austin Goolsbee conceded that the administration had previously predicted unemployment would top out at around 8%, that it was now up to 9.4%, and that double-digit … Continue reading
Here’s how the Dow News Wire described the carnage: “GM said it would close 17 factories and parts centers and lop off 20,000 more jobs by the end of 2011 in Michigan, Indiana, Ohio, Tennessee and other states [many of … Continue reading