Submit a Story!
topics:

Canadian auto subsidies: Money for nothing?
Johannes Van Biesebroeck , 10 February 2009 Following the US bailout of the automotive industry, Canada is now bailing out its own auto firms, lest they risk southward migration. However, this column shows that this most recent action only continues a long history of lavish subsidies for the ...
GM, Chrysler May Get Bankruptcy to Protect U.S. Loans (Update1)
GM, Chrysler May Get Bankruptcy to Protect U.S. Loans (Update1)
bloomberg.com — Feb. 9 (Bloomberg) -- General Motors Corp. and Chrysler LLC may have to be forced into bankruptcy... by the U.S. government to assure repayment of $17.4 billion in federal bailout loans, a course of action the automakers claim would destroy them. U.S. ... (more) GM, Chrysler May Get Bankruptcy to Protect U.S. Loans ...
Altman: A G.M. Bankruptcy to Save Taxpayer Money
Altman: A G.M. Bankruptcy to Save Taxpayer Money
dealbook.blogs.nytimes.com — As General Motors and Chrysler race to pull together their restructuring plans ahead of a government-mandated deadline... on Tuesday, one of the top academic experts on distressed debt is calling for the Obama administration to dispense with niceties and ... (more) Altman: A G.M. Bankruptcy to Save Taxpayer Money
Ford (F): January Sales Off 42%, Will Need Bailout
Ford (F): January Sales Off 42%, Will Need Bailout
247wallst.com — The Ford (F) media relations department writes the most misleading press releases of any large company in... the US. Ford's January sales were down 42%. The... (more) Ford (F): January Sales Off 42%, Will Need Bailout
Comments
Blog Reactions

links for 2009-02-10
Economist's View — You Can’t Sell News by the Slice - NYTimes.com Darwin, Prescient with ‘Origin,’ Is Still Influential - NYTimes.com Geithner Said to Have Prevailed on the Bailout - NYTimes.com Canadian auto subsidies: Money for nothing? - voxeu.org McCain on the Fiscal Stimulus - pgl A Con Game Too Successful for Its Own Good - Andy Harless Government Caused the Financial Crisis - John Taylor No, Greenspan Was Not Right - Macro and Other Market Musings CNN's Brown, Velshi claim transfer payments "not ...

A crisis round of trade negotiations?
VoxEU.org: Recent Articles — Protectionism is steadily mounting. The wide spectrum of new protectionist measures share two features they are WTO-legal and largely unaddressed by the ongoing Doha Round. The current solution adopted by the world s leading countries in the G20 is a re-statement of good intentions not to erect new barriers and to try, yet again, to complete the Doha Round. The former has clearly not worked because seventeen of the G20 countries have imposed restrictions ...

Related Content
Say No to the Auto Bailout
cato.org 11/14/2008 — This article appeared on CNN.com on November 13, 2008. General Motors, Ford, Chrysler and the United Auto Workers union are pouring millions of dollars into a lobbying campaign for a taxpayer bailout. The money devoted to influence peddling in ...
Does the U.S. Need an Auto Industry?
roomfordebate.blogs.nytimes.com 4/30/2009 — Many domestic industries long ago moved to other producing countries. Why is the auto industry different?
Mismanagement at the Big Three
blog.mises.org 12/10/2008 — It was a dead heat. General Motors sold 9.37 million vehicles worldwide in 2007 and lost $38.7 billion. Toyota sold 9.37 million vehicles in 2007 and made $17.1 billion. That was the second best sales total in GM's 100-year history and the biggest ...
1000 GM Dealerships Forced Out May 15; Executives Dump Shares; Restructuring May Fail
globaleconomicanalysis.blogspot.com 5/13/2009 — In advance of what now seems to be an inevitable GM bankruptcy, GM Will Notify 1,000 Dealers on May 15 of Franchise Expiration . General Motors Corp., working to shrink operations to match consumer demand, will notify 1,000 to 1,200 auto dealers on ...
Auto Sales Collapse, GM At 49 Year Low
globaleconomicanalysis.blogspot.com 1/5/2009 — It was a grim December across the board for Automakers as GM’s 2008 U.S. Sales Plummet to 49-Year Low; Toyota, Honda Fall . General Motors Corp.’s 2008 U.S. sales plunged to a 49-year low, dragged down by a 31 percent plunge in December as demand was ...
Auto sales continue to plummet
optionarmageddon.ml-implode.com 1/5/2009 — Can’t do too much to rescue automakers if no one is buying cars. Detroit’s bad vehicle lineup is only partly to blame. The bigger problem is that overall demand has collapsed. Americans now buy about 10m cars on an annualized basis, ...
Many Auto Suppliers Already on the Brink
nakedcapitalism.com 12/12/2008 — GM and Chrysler have been stretching payables, which means that many auto parts suppliers are in dire cash flow straits. And if auto parts makers fail, it doesn't hurt just the Detroit car makers, but the foreign transplants as well. From the New ...
Auto Sales Stabilize in October
blog.ockhamresearch.com 11/3/2009 — “…And GM really making real progress with the SUV’s. I mean, I have got to tell you, they have really come alive in that segment, they now lead Ford in that segment.  Other winners just looking at everybody, not just GM, Cadillac is up. Ford Taurus sales up 41%. ...
The Auto Bailout Is Going Off the Road
tpmcafe.talkingpointsmemo.com 5/1/2009 — GM just announced it was laying of 21,000 more of its workers, as a means of assurring the Treasury Department the company is worthy of more bailout money. A Treasury official was quoted as saying approvingly that the goal is...
Second Push To Stop Auto Bailout Madness
globaleconomicanalysis.blogspot.com 11/19/2008 — This is a second push to prevent Congress from throwing more money down a bottomless hole. In case you missed the first push, please read Stop The Auto Bailout Campaign . Please call and fax now. A vote may be coming up soon! We are reacting to the ...