Richard Cohen: Stop Giving My Money to GM and Chrysler...

Richard Cohen: Stop Giving My Money to GM and Chrysler
GM and Chrysler do not have the money to pay their bills. They are, in fact, deeply in debt and have almost depleted the $17.4 billion the federal government -- which is to say, you and I -- lent them only last December. Now they are asking for billions of dollars more -- $16.6 billion for GM and $5 billion for Chrysler. It will not end there.

Chinese Electric Cars Coming to Costco and Wal-Mart
The CEO of GS Motors — Kathleen Ligocki — told the Hybrid Cars website that she thinks the US will follow in Mexico’s footsteps. GS Motors sold 4,000 China-made vehicles in Mexico last year at…Costco and Wal-Mart.

Daily Show: Auto Crisis Turns Obama into Car Salesman
Sure, he doesn't have a checkered suit. Sure, he doesn't have a "Crazy," a "Fast," or a "Bucks" appended to the front of his name. Sure, he's actually the president. But Barack Obama can have you behind the wheel of your very own certified pre-owned Sebring faster and cheaper than the best of them.

Chevy Volt Will Survive and Prosper
It seems the White House is sincere about its intent to sustain GM either with or without bankruptcy. But how will the Volt fit in? Since the government now decides what stays and what goes, could the Volt get thrown out with the bathwater? To find out, on his last day I turned to none other than soon-to-be former GM vice-chairman Bob Lutz.

French Automaker Peugeot has fired its Chief Executive
Automaker Peugeot has fired its chief executive, replacing Christian Streiff with Philippe Varin, currently the CEO at Corus, an Anglo-Dutch steelmaker.