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0Followup: Chrysler, Clint Eastwood respond to criticism that Super Bowl ad was political 1328632080
Chrysler has found itself in a bit of tangle with the company's Super Bowl ad featuring Clint Eastwood. In it, Eastwood speaks to viewers about "Halftime in America," specifically referring to Chrysler's recovery while drawing parallels with Detroit's own resurrection. If Chrysler were ...
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Report: Foreign auto companies irked by Obama snub at DC Auto Show 1328281200
On Tuesday, President Barack Obama visited the Washington Auto Show, and he even had time to get a closer look at a few vehicles. We're guessing that the carmakers were more than happy to set aside some time to talk to the Commander In Chief, but not every automaker got the chance. Bloomberg ...
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Report: GM stock price leads to greater estimate of losses on bailouts 1328108340
The "Government Motors" crowd isn't going to be happy about this: The Detroit News is reporting that the U.S. Treasury now says it has lost an extra $170 million in the auto industry bailout. The culprit? The declining price of General Motors stock. According to the report, GM's stock crested at ...
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Auctions: eBay Find of the Day: Barack Obama's 2005 Chrysler 300C [UPDATE] 1327507260
UPDATE: Not surprisingly, President Obama's former daily driver failed to sell on eBay Motors with a starting bid of $1 million. The owner reportedly wants to list the car again closer to the presidential election this fall, and may lower the price as well as give some of the proceeds to ...
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Report: Memo says Bush administration almost pushed GM and Chrysler into earlier bankruptcy 1327418880
2008 was one crazy, almost surreal year. It was the year when the economy took a nosedive, and the U.S. auto industry nearly ceased to exist. One of the last major decisions former President Bush made before he left office was to give Chrysler and General Motors a combined $17.4 billion to keep ...
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Consumer groups back 54.5 mpg standard as hearings commence 1326833880
Experts have already predicted that toughened fuel efficiency standards will lead to cleaner air and help wean the United States from its reliance on foreign oil. Turns out, they could benefit consumer's wallets too. That's the conclusion of the Consumers Union and Consumer Federation of ...
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Report: Romney blames Obama for GM layoffs 1324412940
"The president is going to go after me. I'll go after him." That pretty much sums up every presidential race in recent memory, where it seems attacking the opposing side is just as important as proving your own personal worth. And the 2012 U.S. presidential election, unsurprisingly, is shaping up ...
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Report: New trade agreement may mean more domestics sold in South Korea 1318597080
In 2010, domestic automakers shipped about 7,500 vehicles to Korea, representing less than one percent of its auto market. To add insult to injury, well over half a million Korean cars were sold here. But that could all change, according to Ford CEO Alan Mulally, who told The Detroit News that a ...
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Crumbling bridge chosen as symbol of decaying infrastructure 1317240000
Indiana governor Mitch Daniels was forced to close the Sherman Minton Bridge over the Ohio River last week. The 50-year-old structure connects Indiana with Kentucky via Interstate 64, and after years of overuse, the bridge has deteriorated significantly. Inspectors recently discovered a large ...
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Report: White House delaying release of new fuel economy standards 1317232800
The Obama Administration will reportedly delay the release of the U.S.' most ambitious fuel economy proposal ever. Word is the Department of Transportation and Environmental Protection Agency won't be able to string together a Corporate Average Fuel Economy draft for Model Year 2017-25 for ...

