GM is reporting that the diesel Chevrolet Cruze is more efficient than some hybrids.
The Treasury Department says it sold $621 million worth of GM common stock last month.
It looks part Ferrari, part Batmobile. It’s the 2014 Corvette Stingray.
With GM’s new target, electric cars will soon make up five percent of the company’s output.
Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.
Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
The auto giant General Motors is touting the fact that most of its manufacturing plants no longer send trash to landfills. They have 100 such facilities, and one of the first was in White Marsh.
It may be a sign that the sluggish economy is picking up speed. One of the state’s manufacturing plants is adding jobs.
Just one day after breaking ground on a new electric motor plant, the GM transmission plant in White Marsh opened its doors to hundreds of people for its first ever open house.
With signs pointing to a recovering economy, the state’s car dealers are putting their best foot forward. Four hundred cars are now in place at the auto show downtown.
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