Category Archives: auto industry

Obama Kills of What’s Left of the U.S. Autos

I was shocked when I read this artcile this morning. The first memorandum will order the Transportation Department to work out rules for automakers to improve fuel economy. It will call for the department to notify automakers by March 2009 to increase their fuel efficiency for 2011 model year cars and trucks. The second memorandum …

January 26, 2009 – 2:54 pm | By AverageJoe | Posted in auto industry | Tagged , , , , , | Comments (0)

Bailing out the Auto Industry!?

Maybe you have read my numerous posts on bailing out the auto industry, or maybe you have not.  Educate yourself here , here, and here.  Today it appears that a bill will be brought before Congress that will get $17 billion to the auto industry in a effort to keept it afloat until Barrack Obama’s …

December 8, 2008 – 12:01 pm | By AverageJoe | Posted in auto industry | Tagged , , , , | Comments (0)