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0Report: House votes to end car czar's tenure 1324560660
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 ...
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Report: Ex-car czar Rattner says Auto Task Force should have pushed for more cuts 1324064700
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 ...
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Report: Former car czar Rattner impressed by quick Detroit 3 turnaround 1320274860
Steven Rattner, who headed up the Obama Administration's Auto Task Force during the quick-rinse bankruptcies of Chrysler and General Motors, is more pleased with the success of the auto bailouts than he ever thought he would be. "Overhaul," Rattner's controversial memoir of his time heading up ...
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Report: Judge tosses out suit by Delphi pensioners against Treasury 1315332060
The Detroit News is reporting that a federal judge has thrown out a portion of the lawsuit brought against the federal government by Delphi retirees. The former employees of the automotive supplier brought suit against the federal government after their pensions were terminated in bankruptcy ...
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Report: Ex car czar Bloom asked by Congress to clarify statements made under oath 1310146320
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 ...
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Submit your questions for Autoblog Podcast #215 1296513300
Click above to subscribe to The Autoblog Podcast in iTunesWe're recording Episode #215 of the Autoblog Podcast tonight, and we've put some topics below. Drop us your own feedback and questions or vote on your fellow readers' submissions to help determine what we discuss this evening. You can ... -
Car Gifts for Christmas: Stuff For Under the Tree 1292270340
'Tis the season once again. We were scratching our heads wondering what to get the car-obsessed men and women in our lives, so we made some lists. This first list contains ideas for stuff that goes under the tree, the kind of car gifts that don't cost an arm and a leg but go over well with the ...
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Former Car Czar Rattner settles with SEC, sued by Cuomo 1290205860
Former White House Auto Industry Task Force member Steven Rattner is being sued by New York State Attorney General and Governor-elect Andrew Cuomo for allegedly paying kickbacks to win investments in the state's pension fund. Cuomo is seeking $26 million from Rattner, and to bar him from trading ...
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GM raises stock prices and increases size ahead of IPO 1289921280
If you've been squirreling away your pennies in anticipation of General Motors' IPO, we've got news for you. The company released a statement this morning announcing that it has increased its stock price from $26 to $29 per share to $32 to $33 per share. Additionally, General Motors is now planning ...
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Followup: Ex-car czar Rattner to speak in Detroit after all? 1289430060
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 ...

