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Glitz returns to Detroit auto show

Glamour and glitz returned to the Detroit auto show as once-struggling General Motors served champagne at a sneak peek of its newest Cadillac and Mercedes launched its latest roadster with a jazzy serenade at a swank cocktail party. Just three years ago, the survival of the Detroit Three automakers was in doubt as GM and Chrysler sought billions in government bailouts and…

Detroit automakers rack up strong 2011 gains

CHICAGO — The Detroit Three automakers posted solid December US sales Wednesday, driving a strong 2011 performance and expectations for even better results this year as the industry slowly climbs out of a deep downturn. “It’s now clear that auto sales should continue to grow in 2012 barring a shock…

I’m Still Not Buying A Pontiac

Okay, suppose we do exactly what every conservative wants and we union-bust the Big Three, match their wages and benefits exactly to foreign producers set up in the states, dismantle the currently existing pension system and even (most likely) cut labor overall. At what point did any of those workers…

Mark the calendar

Megan McArdle is making sense. Why bail out Wall Street and not GM, demand many people. Why do we care about bankers and not ordinary folks? I think this misses the point of the financial bailout. Whether or not it works–and I sure hope it will–I don’t think very many…

We Want Happy Cars

En route to Netroots Nation as we speak, I’m currently sitting in Detroit’s airport. Layover in Charlotte, then I’ll arrive tonight in Austin. The big news around Motor City way is, of course, GM’s massive woes, and the realization that entire types of vehicles may be on their way out.…

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