Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Christmas List 2010: Rattner's book to debut in time for next Christmas]]>http://www.autoblog.com/2009/12/18/christmas-list-2010-rattners-book-to-debut-in-time-for-next-ch/http://www.autoblog.com/2009/12/18/christmas-list-2010-rattners-book-to-debut-in-time-for-next-ch/http://www.autoblog.com/2009/12/18/christmas-list-2010-rattners-book-to-debut-in-time-for-next-ch/#commentsFiled under: , , , ,



Planning for the future is perhaps an alien concept to big business - even automakers, with their protracted product development cycles. Take a cue of what not to do from them, then, and start planning now for next Christmas. May we suggest that your 2010 wishlist starts with what's destined to be a hotly-anticipated tome: Steven Rattner's memoir of his spearheading the bailout of General Motors and Chrysler. Tentatively titled "Overhaul," the cloyingly-named book will tell the story of the quick-rinse bankruptcies Rattner presided over.

A fascinating piece that Rattner wrote for Fortune Magazine back in October gave us a glimpse of how riveting such a seemingly-dry subject can be. The book is on track for a debut in the fall of 2010, and might be even more interesting in a year depending on how Rattner's deals work out. The hardest part is going to be behaving well enough for an entire year so this thing gets stuffed in our stocking.

[Source: The Detroit News | Image: Neilson Barnard/Getty]

Christmas List 2010: Rattner's book to debut in time for next Christmas originally appeared on Autoblog on Fri, 18 Dec 2009 10:03:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bailoutbailout planBailoutPlanbailoutsbankruptcychryslerchrysler bankruptchrysler bankruptcyChryslerBankruptChryslerBankruptcygmgm bailoutgm bankruptgm bankruptcyGmBailoutGmBankruptGmBankruptcyrattnerSteven RattnerStevenRattnerFri, 18 Dec 2009 10:03:00 EST<![CDATA[REPORT: GM to get $5B, Chrysler $500M from gov't]]>http://www.autoblog.com/2009/04/21/report-gm-to-get-5b-chrysler-500m-from-govt/http://www.autoblog.com/2009/04/21/report-gm-to-get-5b-chrysler-500m-from-govt/http://www.autoblog.com/2009/04/21/report-gm-to-get-5b-chrysler-500m-from-govt/#commentsFiled under: , , , ,



Is General Motors about to get an additional $5 billlion from the Feds? Will Chrysler be getting another $500 million? The Detroit News seems to think so. Citing Obama Administration sources and a leaked 250-page government report, they say that those figures are accurate. The money will reportedly come in the form of short-term aid via the $700B Troubled Asset Relief Program (TARP). One group we know won't be taking any additional TARP money is Chrysler Financial, allegedly refusing an additional $750M over restrictions on executive compensation included in the agreement.

Reading through the report a bit, The Detroit News also discovered some additional figures. The report says that the Treasury Department has already spent $24.8B on the automotive portion of their program (out of $25B allotted). Of that amount, $13.4B has gone to GM, $4B to Chrysler, almost $6B to GMAC and $1.5B to Chrysler Financial. An additional $1.25B will be used to pay for that warranty guarantee program designed to back the warranties of GM and Chrysler vehicles should either company go under.

There has been no confirmation from Washington yet, but you can bet we'll report it when it becomes official.

[Source: The Detroit News]

REPORT: GM to get $5B, Chrysler $500M from gov't originally appeared on Autoblog on Tue, 21 Apr 2009 09:59:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bailoutbailoutsbreakingbreaking newsBreakingNewsdetroit 3detroit 3 bailoutDetroit3Detroit3Bailoutreporttarptarp fundtarp fundstarp moneyTarpFundTarpFundsTarpMoneytroubled asset relief programTroubledAssetReliefProgramTue, 21 Apr 2009 09:59:00 EST<![CDATA[Autoblog Podcast #106]]>http://www.autoblog.com/2008/12/09/autoblog-podcast-106/http://www.autoblog.com/2008/12/09/autoblog-podcast-106/http://www.autoblog.com/2008/12/09/autoblog-podcast-106/#commentsFiled under: , , , , , , ,



Has it really been a month of podcasts already? Alex Nunez and editor Neff join Chris and Dan for Autoblog Podcast Episode 106. Hilarity ensues as we cover the bailout (what else?) and try to touch on a couple other issues before finally deflating like a punctured balloon at the 64-minute mark. Enjoy, and remember to drop any feedback our way at podcast at autoblog dawt com.

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Autoblog Podcast #106 originally appeared on Autoblog on Tue, 09 Dec 2008 17:32:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>autoblog podcastautoblog podcast 106AutoblogPodcastAutoblogPodcast106bailoutbailout billbailout planBailoutBillBailoutPlanbailoutsin the autoblog garageInTheAutoblogGaragepodcastpodcast 106Podcast106wards autowards ten best enginesWardsAutoWardsTenBestEnginesTue, 09 Dec 2008 17:32:00 ESTAutoblog Podcast #106Autoblog64:08<![CDATA[Mulally chooses Escape Hybrid for D.C. road trip]]>http://www.autoblog.com/2008/12/02/mulally-chooses-escape-hybrid-for-d-c-road-trip/http://www.autoblog.com/2008/12/02/mulally-chooses-escape-hybrid-for-d-c-road-trip/http://www.autoblog.com/2008/12/02/mulally-chooses-escape-hybrid-for-d-c-road-trip/#commentsFiled under: , , ,


Click above for a high-res gallery of the 2009 Escape Hybrid

Ford CEO Alan Mulally has made the politically correct decision for his return trip to Washington DC this week and is skipping the company jet. In fact, he's skipping the airport altogether and hitting the road in an Escape Hybrid. It seems like it would have been better to grab one of the brand new Fusion Hybrids, but no one in Washington should be too upset at the choice of the Escape. The last one we tested for AutoblogGreen averaged 33 mpg. Perhaps he'll even take one of the prototype plug-in hybrid versions, although that wouldn't make much sense for the nine-hour drive. In our reader poll you actually opted for the Fusion by a wide margin, followed by the Fiesta and Mustang. The Escape came in at a respectable fourth.

Gallery: ABG Garage: 2009 Ford Escape Hybrid Limited

[Source: Automotive News - Sub. Req.]
Photos Copyright (C)2008 Sam Abuelsamid / Weblogs, Inc.

Mulally chooses Escape Hybrid for D.C. road trip originally appeared on Autoblog on Tue, 02 Dec 2008 09:58:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>alan mulallyAlanMulallybailoutbailout billbailout planbailoutbillBailoutPlanbailoutsford escape hybridFordEscapeHybridwashingtonwashington dcWashingtonDcTue, 02 Dec 2008 09:58:00 EST