…it was Bush who bailed out GM — Obama forced it into bankruptcy… Steve Rattner’s blog points out a February 27th CNBS interview with Warren…
Category: Chrysler
Bad News for Toyota? – the Detroit 3 are Back
Posted in Accord, Camry, Chrysler, fixed costs, Ford, General Motors, GM, Honda, Impala, legacy costs, marginal costs, mid-sized cars, profitability, and Toyota
…the Detroit 3 are returning to the midsized-car segment… I’m tossing out back issues of Automotive News to try to fit into a corner office…
Auto Bailout Redux and Mitt Romney
Posted in bailout, bankruptcy, Chapter 11, Chrysler, DIP finance, General Motors, GM, Michigan primary, Mitt Romney, and Rick Santorum
See the post on my parallel blog, US and Economics on Mitt Romney’s puzzling statements on the government-led bankruptcy of GM and Chrysler. First, as…