All That Is Necessary

Search results for: “label/Auto Industry”

  • The Unholy Union of Automakers and Financing

    Time to smack the auto industry and the UAW again. From a column in yesterday’s Wall Street Journal: The collective bargaining agreement with the UAW is a heavily negotiated document the size of a small telephone book. It is virtually identical for each of the Detroit Three, owing to “pattern” bargaining, but it doesn’t exist […]

  • Bush Punts Auto Bailout to Obama’s Team

    Color me unsurprised. The Bush administration said it would lend $17.4 billion to General Motors Corp. and Chrysler LLC, buying them a few weeks of financial relief but leaving the biggest decisions about the industry’s future to President-elect Barack Obama. Another WSJ article suggests, contrary to the opinion flagged by my new BFF Mickey Kaus, […]

  • Ford CEO Alan Mulally Enters the Twitterstream

    To be precise, Mulally was Tweeting by proxy yesterday, via Scott Monty. It only lasted a few minutes, but it’s still fairly cool. No great revelations on weighty policy matters, but I learned that Mulally makes a point of driving a different auto every day, including competitor models, to stay close to the public experience […]

  • "We simply cannot ask the American taxpayer to subsidize failure"

    You go, Mitch McConnell! Here’s hoping enough GOP Senators stay in line to filibuster the auto industry bailout. From another MM: The so-called “Wall Street bailout” was different — rather than being focused on particular companies, it actually was a rescue of the entire economy. (Ask somebody from Lehman Brothers if they feel “bailed out.”) […]