car czar

Credit Suisse has proposed a novel idea for the European car industry, one whose title we are well familiar with: Car Czar. What would make this position far more radical than that formerly held by our own Steven Rattner is that the European car czar would be tasked with managing a reorganization ...

The czars – all of them – are dead in the House of Representatives. Even though every "czar" position in government had already been vacated, the House passed a spending bill that officially eliminated the role and forbids the White House from naming more. In some cases, automotive ...

The government's Auto Task Force was given the difficult task of saving General Motors and Chrysler at a time when the credit markets were frozen and the economy was in chaos. The team ultimately got the job done by ushering the two iconic companies through extraordinarily short ...

Ron Bloom, the man who replaced Steve Rattner as the so-called Car Czar advising the White House on decisions impacting the auto industry, is reportedly leaving his post by the end of the month. We're not surprised – General Motors and Chrysler successfully emerged from their ...

Ron Bloom, the former car czar under President Barack Obama, is being asked to clarify some of the statements he made under oath to the United States Congress last month. Three members of the Congressional oversight committee are specifically interested in the Bloom's denial that he remarked "I ...

Last week, the government avoided a costly shutdown by cutting $38 billion from the 2012 federal budget. The American people are just now hearing what those cuts consist of, and it appears the auto industry and industry regulation have been affected. The Detroit News is reporting that the ...

Steven Ratner, the ex-Car Czar, has a healthy prediction for US automotive sales this year. Ratner believes the magic number will be 14 million for 2011. In 2012, the number will climb to 15 million, per Ratner's estimates. Why the optimism? Ratner sees shrunken fleets, improved business ...

Let's try this again. After having his invitation to speak at the Detroit Economic Club rescinded last month, Steven Rattner, the former auto advisor to the Obama Administration, will get another chance to speak to Detroit. The Automotive Press Association is now hosting a lunch where Rattner ...

According to Reuters, the Securities and Exchange Commission is set to settle with the former head of the Obama Administration's auto task force, Steven Rattner. Earlier this year, the SEC charged Rattner with participating in a pay-to-play pension program, but the commission is expected to ...

Ed Montgomery, the gentleman who helped usher General Motors and Chrysler through some of the most difficult times in both companies' histories, has stepped down from his position as the Auto Recovery Czar for the Obama Administration. Montgomery had been at his post for just 15 months, during ...