Tag Archives: general motors

FILE -- President Barack Obama and President-elect Donald Trump in the Oval Office of the White House in Washington, Nov. 11, 2016. (Stephen Crowley/Copyright 2018 The New York Times)

Trump Isn’t Handling General Motors Any Better Than Obama Did

Trump Isn’t Handling General Motors Any Better Than Obama Did

In the dawn of the Obama administration General Motors, hit hard by declining sales and the Great Recession, went to the federal government for help. The Obama administration obliged, arguing that it would be a good deal for the American taxpayer. On top of billions in straight-up bailouts, President Obama gave GM some $30 billion

Auto Markets Trump Government Central Planning

Our federal government has invested a lot of money, and passed a lot of laws, to promote so-called “green” vehicles that run on biofuels or electricity. But, if the Detroit Auto Show is any indication, all that investment hasn’t resulted in those vehicles getting traction in the market: From sport utes to sports cars to

Electric Car Sales Still Anemic Despite Overall Growth In Market

US auto sales hit a five-year high for 2012 (a lot of that has to do with Japanese auto manufacturers getting back in gear after being derailed by earthquakes), but the cars the government most wants Americans to buy still aren’t selling very well. The Chevy Volt is now the best-selling plug-in hybrid car among