Category Archives: Auto Industry
It looks like GM might avoid liability for some lawsuits over it’s ignition switches. The bankruptcy judge ruled the company can’t be sued for anything that happened before the government bailout.
The world wide gas war is leading to the biggest decline in inflation in 6 years according to WSJ.
Business Insider says Tesla is Tanking.
The Chevy Cobalt is being recalled because the ignition shuts off while the vehicle is running! None of the solutions to fix it represented an “acceptable business case“, according to General Motors. Thirteen people have died so far. GM warns this can be caused by too heavy a key ring.
So, as your life passes before your eyes while barreling downhill at 80mph without power, or airbags, please keep in mind… your key ring is too damn heavy.
Acceptable Business Case
On the other hand you could have kept your key ring and GM could have fixed the problem with a 57 cent part.
At least they’re not blowing your bail out money.
The president is threatening that there’s more where the auto bail-out came from.
Meanwhile a Congressional Budget Office report says a walk off the fiscal cliff will plunge the economy back into recession.