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REPORT: Fed predicts it will lose $30B on auto industry bailout

2009 isn't quite over yet, but we're pretty sure most automakers would rather forget that it ever happened. And while General Motors and Chrysler suffered the pain and humiliation of bankruptcy and workers lost thousands of jobs and many plants and dealerships closed, the good news is that the General and the Pentastar are now more fiscally healthy than they've been in ages. The bad news is that it cost U.S. taxpayers an estimated $82 billion to save what has been called hundreds of thousands of jobs. The Detroit News is reporting that ... Read more →

Cadillac One: Details on president-elect Obama's new limo

One of the perks of being the Commander-in-Chief is getting to ride in the back of a presidential limousine. And while certain presidents have had hand-me-down chariots, President-Elect Barack Obama ...

REPORT: Fed predicts it will lose $30B on auto industry bailout 46 minutes ago on Autoblog

2009 isn't quite over yet, but we're pretty sure most automakers would rather forget that it ever happened. And while General Motors and Chrysler suffered the pain and humiliation of bankruptcy and workers lost thousands of jobs and many plants and dealerships closed, the good news is that the ...

Cadillac One: Details on president-elect Obama's new limo 11 months ago on Autoblog

One of the perks of being the Commander-in-Chief is getting to ride in the back of a presidential limousine. And while certain presidents have had hand-me-down chariots, President-Elect Barack Obama is set to get a brand-new, high-tech model. Looking much like a standard Cadillac DTS stretched to ...








Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

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