Tag: Ford

The auto industry is winner and still champion of Michigan’s economy – no thanks to Gov. Snyder and the GOP

The auto industry is winner and still champion of Michigan’s economy – no thanks to Gov. Snyder and the GOP

The backbone of Michigan’s industrial economy, making cars and trucks, is solid and strong. The current numbers and brisk demand for new vehicles are highlighted in two recent articles HERE and HERE. The ripple effect of a healthy auto manufacturing sector is apparent in those parts of the state that have auto-related facilities and businesses. All shifts running full bore […]

Read more ›
All of the Big 3 are surging and the Obama campaign wants you to remember why (VIDEO)

All of the Big 3 are surging and the Obama campaign wants you to remember why (VIDEO)

Betting on the American worker is ALWAYS a good bet

The Big 3 are doing pretty damn good right now. This week get reports that Ford and Chrysler experienced increased sales in October and GM’s stock price shot up after its third quarter report.

The Obama administration literally saved the domestic vehicle manufacturers and they would like to remind you of that. Video after the jump.

Read more ›
Mitt Romney’s “Michigan Problem”

Mitt Romney’s “Michigan Problem”

Regrets, I’ve had a few… Republican presidential contender Mitt Romney has a problem. A Michigan Problem. It’s not just that he penned an op-ed for the New York Times calling for the bankruptcy of our domestic vehicle manufacturers. It’s not just that he then doubled down on that statement in one of the presidential debates. It’s not just that, as […]

Read more ›

Big Three sales up big time — double digits — over last year

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 […]

Read more ›

U.S. economy hitting its stride

More bad news (not) for the Obama administration. The U.S. economy is picking up a head of steam. The economy gained strength at the end of last year as Americans spent at the fastest pace in four years and U.S. companies sold more overseas. The growth is boosting hopes for a stronger 2011. The Commerce Department reports Friday that growth […]

Read more ›

It wasn’t an auto company “bailout” and, btw, it WORKED!

Remember back in the “good old days of 2009 when the Obama administration stepped in to keep two of the largest American auto companies from going under? Remember how, even though it was only a loan program and a temporary stock purchase that it was characterized as a “taxpayer-funded bailout”? Well check out these headlines: Chrysler Tops Operating Profit Outlook, […]

Read more ›
More good news for Mich/USA: Ford earns $1B in Q1

More good news for Mich/USA: Ford earns $1B in Q1

On the heels of good news that I reported in my blog entry two days ago about GM, now comes Ford. And Ford comes in a Big Way: Ford, a year ago in danger of being dragged down with a collapse of its nearly bankrupt Detroit rivals, is projected to report nearly $1 billion in first-quarter profits Tuesday, the strongest […]

Read more ›
Quantcast
Quantcast