U.S. Climate Action Partnership: Give Polluters Money To Continue Polluting
U.S. Climate Action Partnership: Give Polluters Money To Continue Polluting By Brad Johnson at 3:46 pm U.S ... tide in Washington. They deserve credit for moving past conservative rhetoric that denies the need ... in a recent report, “A U.S. climate bill should set a target of reducing U.S. greenhouse gas [more...]
Date: 2009-01-15 20:46:27
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January 10 2009: Hornswoggled Absquatulation
Russell Lee Tobaccy Candy 1940 Pool hall, Shasta County, California Ilargi: The revolving doors between Washington and Wall Street are swinging like never before. Lawrence Summers and Robert Rubin are the finance powerhouses in the upcoming Obama administration. They were in the exact same place 10 years ago [more...]
Date: 2009-01-10 16:28:00
U.S. Auto Sales Post Worst Year Since 1992
Total U.S. auto sales last year hit a 16-year low as the world’s major carmakers racked alarmingly high double-digit sales drops in the ... s not a credit problem. It’s a consumer confidence problem, and it’s worldwide.” Domestically, Chrysler LLC posted a 53% sales slump in December. Ford Motor Co. (F) sales fell 35%, and General Motors [more...]
Date: 2009-01-07 16:03:29
NO WALL STREET HOLIDAY RALLY MONDAY - TOYOTA EXPECTS FIRST OPERATING LOSS SINCE 1950
Investors hoping for a holiday rally did not get it on Monday ... still uncertain.” Shares of Toyota Motor fell more than 5 percent after the auto giant revised ... . G.M. dropped back below $4 a share while the Ford otor Company, which has said it did not need [more...]
Date: 2008-12-22 22:47:33
Slip Sliding Away…2008 Auto Sales Are In
Auto sales figures for the American market are in and, as has long been expected, they reveal just how much new car sales slid compared to 2007 ... 2008 sales figures or what their sales were for the entire calendar year. Ford emphasized ... for its all new F Series pick up truck. Ford sales were still down by 32.5% for the month and 20.5% for the year [more...]
Date: 2009-01-06 07:05:18
Saving the Economy, One Furnace at a Time
by Paul Rogat Loeb Like most Americans, I’m guarding my dollars, but when my furnace died during Seattle’s coldest winter in decades, I needed to replace it. And when I did, with a high-efficiency Trane model made in Trenton New Jersey, [more...]
Date: 2009-01-14 01:29:27
Raw and Unedited: Our Interview With Ford Motor Company’s CEO
If you watched ON THE RECORD last night, you saw our interview with the CEO of Ford Motor Company, Alan Mulally. It was interesting seeing Mulally’s response to our questions about why Ford was continuing to request a line of credit when it maintains it does not need the money. Last night, you only got [more...]
Date: 2008-12-18 15:12:44
In the News: (Jan. 12th, 09)
Monday, January 12, 2009 Labels: In the News #fullpost{display:inline;}Get a cup of coffee, pull up a chair, and fire up the old processor, the morning edition has arrived. In the News this morning: Ice Age on the way, Socialists in the Mist, Israel so confident bringing in second stringers, and Detroit gets a face lift [more...]
Date: 2009-01-13 02:40:00
In the News: (Jan. 12th, 09)
Monday, January 12, 2009 Labels: In the News #fullpost{display:inline;}Get a cup of coffee, pull up a chair, and fire up the old processor, the morning edition has arrived. In the News this morning: Ice Age on the way, Socialists in the Mist, Israel so confident bringing in second stringers, and Detroit gets a face lift [more...]
Date: 2009-01-12 11:10:00
Poll: Auto Bailout Low on Fuel
With the bailout of the Big Three auto companies hovering over our political landscape, ... time for the American auto industry. Ford Motor (F, Fortune 500), General Motors (GM, Fortune 500 ... the weakest auto sales in 25 years and persistently tight credit. Read more READ THE WHOLE ITEMRelated [more...]
Date: 2008-12-03 19:37:40
Electrifying parade planned for Santa Monica
When it came to securing a spot in President-elect Barack Obama's inauguration parade, ... scooters and experimental plug-in hybrid versions of the Ford Escape sport utility vehicle and the Toyota ... : Toyota RAV4 EVs in Westwood in 2006 for the premier of "Who Killed the Electric Car?" Credit: Plug [more...]
Date: 2009-01-08 18:08:28
Ford's New Car Parks Itself
Ford's New Car Parks Itself January 8th 2009 23:02 A new parking system takes the hard work out of parallel parking. Credit: Ford Credit: Ford In these difficult times for the U.S. motor industry, Ford is evidently hoping that it can win back customers with technology that could take some of the stress out of getting behind [more...]
Date: 2009-01-08 23:02:00
A Populist Backlash?
Now that the crisis is spreading to the real economy, you can feel the anger and resentment starting to build ... who have qualified for help so far were supposed to have been fairly good credit risks.... My guess is the worsening [more...]
Date: 2008-12-09 08:42:00
THE FALL OF CHRYSLER
from the DETROIT FREE PRESS:Life on the sinking USS Chrysler BY SARAH A. WEBSTER FREE PRESS AUTOMOTIVE EDITORIs it ever too late for a rescue?As we all watch Chrysler LLC sinking right before our eyes — with nearly 60,000 passengers on board — I fear the answer might be, “yes [more...]
Date: 2009-01-09 00:06:15
Stocks slip as Toyota cuts profit outlook
NEW YORK (AP) — Wall Street began a holiday-shortened week cautiously Monday, slipping as investors reacted to a bleak outlook from Toyota Motor Corp. and disappointing ... , with stocks fluctuating in light trading as investors reacted to a bleak outlook from Toyota Motor [more...]
Date: 2008-12-22 16:34:18
Specter of Bankruptcy Rears Its Head
Specter of Bankruptcy Rears Its Head By Laura McGann 12/15/08 A GM bankruptcy would be unprecedented, and probably controversial, because the company owns physical assets worth about $160 billion, directly employs 90,000 Americans and is an integral part of the U.S. economy [more...]
Date: 2008-12-15 11:00:49
Playing the Auto Bailout With Yields as High as 45%
Investors are looking for ways to play the automobile company bailouts, without having to speculate on the General Motors (GM) or Ford (F) stocks ... (XVF) 33% Ford Motor Credit Co. LLC 7.6% notes due March 1, 2032 (FCJ) 23% Ford Credit Notes is the Ford Motor Credit 7.375% Notes due October 15, 2031 (FCZ) 22% Above symbols are based on Yahoo's [more...]
Date: 2008-12-10 11:12:28
Automakers grab loans, look to Obama White House
WASHINGTON (AP) — The long-term fate of the auto industry rests with Barack Obama now that President George W. Bush has given car companies $17 ... , housing slump and financial credit crunch, Bush said in announcing the short-term loans and demanding [more...]
Date: 2008-12-21 17:18:00
Ford Credit Exits Retail Finance; Dealer Floorplan Finance To Follow?
Ford Credit Australia’s announcement that it is to withdraw from retail finance is a miserable act. Especially so because both Ford US and Ford Australia confirmed to Treasurer Swan that Ford... Click through to The Motor Report for the full article. [more...]
Date: 2009-01-15 06:11:03
Three cheers over…time for choppiness now
Nothing’s better than the wind to your back, the sun in front of you…After a year of headwinds, the bulls got some tailwind as the New Year brought some cheer with the key indices rising three days in a row [more...]
Date: 2009-01-06 03:48:00
Pelosi, Reid, Dodd, Frank Renew Call on Bush to Use TARP to Aid Auto Industry in Light of Risks to Financial System
Pelosi, Reid, Dodd, Frank Renew Call on Bush to Use TARP to Aid Auto Industry in Light of Risks to Financial System December 4th, 2008 by Office of the Speaker Speaker Pelosi, Senate Majority Leader Harry Reid, Senate Banking Committee Chairman Chris Dodd and House Financial Services Committee Chairman Barney Frank today sent a letter to [more...]
Date: 2008-12-05 02:31:39
Ford Credit Pulling Out Of Retail Financing
More bad news concerning the local car industry has hit the headlines today, with the announcement that Ford Credit is pulling out of retail financing (financing cars for private buyers) in... Click through to The Motor Report for the full article. [more...]
Date: 2009-01-15 01:22:03
The Dangers That a Spot Delivery Brings to a Dealership
The following article does a good job of highlighting the dangers and fraud inherent in the misuse of conditional, or "spot" deliveries ... stores. The dealership began targeting what he calls the "credit-challenged customer." It delivered [more...]
Date: 2009-01-05 01:32:00
New Shelby Mustang GT500 is more powerful and more fuel efficient
When Ford released their new 2010 Mustang we clapped with enthusiam at the new updated design ... Shelby Mustang coming? At a recent auto show we questioned one of Ford's product people [more...]
Date: 2009-01-07 22:56:07
President Bush Orders Auto Maker Bailout…As Predicted Here!
As I predicted last week here on the BiggerPockets Blog, ... $4 billion in loans after more money is released from the financial rescue account. Ford Motor Co. says [more...]
Date: 2008-12-20 19:08:34
Deals of the Day: No Bonus for Bank of America’s Ken Lewis
Deals of the Day, compiled by Stephen Grocer and Heidi N ... Motors, Ford Motor and Chrysler. Detroit Free Press Lyondell Chemical: The U.S. arm of the chemical [more...]
Date: 2009-01-07 13:16:40
2010 Lincoln MKT Starts at $44,995
2010_lincoln_mkt_official_12_new.jpg Ford has announced the pricing for the 2010 Lincoln MKT, which was officially unveiled a few days ago at the Detroit Auto Show. The 2010 Lincoln MKT starts [more...]
Date: 2009-01-15 21:56:11
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