Tag: Center for Automotive Research

Analyst predicts Big Three will add 34% more jobs by 2014

Just in case you were wondering if the Obama administration’s decision to save the automotive industry in the USA was a good idea, check this out: The number of people employed by the Detroit Three in Michigan could increase 34% as the economy and automotive sales slowly recover, Sean McAlinden, senior economist for the Center for Automotive Research said today. […]

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UPDATED: GM’s back, Jack, and saying “Thanks!” to US taxpayers

UPDATED: GM’s back, Jack, and saying “Thanks!” to US taxpayers

It’s been a busy day over at the New York Stock Exchange. GM’s initial public offering (IPO) had its stock priced $33 but it opened well over that at $35.40. As I type this, the latest trade was $35.18. Detroit Free Press editorial cartoonist Mike Thompson perhaps put it best: Something tells me that that a whole lot of anti-auto […]

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