Good news for the Rustbelt states like mine (Michigan): Ford sales up 19% over last year. GM up 11%. Chrysler up a whopping 31%. Ford actually sold more vehicles than GM for only the second time since 1998. Ford reported March sales of 212,777, up 19 percent from the same month a year ago. That compares with GM’s 206,621 sales […]

Lots and lots and lots of talk these days about “shared sacrifice”. But, somehow all the sacrifice seems to be on those in the middle class or below. Comic by Mike Thompson – Detroit Free Press But there’s an example of TRUE shared sacrifice right in front of us today. And it worked. It’s the bailout and subsequent recovery of […]

Last October, the Obama administration announced that it is considering raising auto fuel economy standards to as high as 62 mpg by 2025. The move went mostly under the radar. The White House has said it is considering a range of fuel economy standards for 2017 to 2025, with 62 mpg being on the high end, and the alliance said […]

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 […]