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Both GM and Chrysler hit the federal jackpot this morning, avoiding the wrath of the Carpocalypse for a little longer. We break down the numbers below the jump. More »
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Ford today announced a plan to turn around its business, claiming it allows them to reach break-even level or profit by 2011. The plan includes building a battery-electric commercial van by 2010 and a BEV sedan by 2011. More »
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If you hadn't noticed yet, Tweedle-dee, Tweedle-dumb and Tweedle-how-stupid-are-you-to-take-a-fleet-of-jets and their scary Op-Eds haven't done anything to Save GM or either of the other not-so-Big Three. The Senate is not pleased with their behavior. But here comes Mitt Romney, "favorite son" of Michigan. The guy who took tons of auto-exec money and said this before the Michigan primary: More »
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New York Congressman Gary Ackerman feasts upon a buffet of "delicious irony" as he asks the CEOs from the Not-So-Big Three to perhaps save some cash and fuel by using a single jet together rather than individual private jets from Detroit to D.C. to beg for bailout dollars from the Feds. We even hear Reagan National's got a diamond-festooned runway set up just for jetpoolers. [CNN] More »
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