More troubles for Toyota

If there was ever any question that a company can sometimes grow too fast and lose control of it’s direction, let that question be put to rest with Toyota. By now, it is old news that Toyota is in the middle of what is probably the worst trouble it has seen in a very long [...]

Toyota halts sales and expands recall

No, before you click off the page, thinking you have reached the wrong blog, this is still Political Realities. Before you get carried away with the leaving part, please read the article, as it is very important, especially if you own a Toyota or Lexus vehicle. Since I work in the automotive service industry, I [...]

Pontiac brand to be scrapped by GM

In a move that many have seen coming for a long time, General Motors is expected to scrap it’s Pontiac brand. An official announcement could come as early as Monday. From NPR:
The struggling automaker General Motors is expected to eliminate its iconic Pontiac brand, NPR has learned.
An official announcement could come as early as Monday, [...]

GM CEO Rick Wagoner to resign at the request of the White House

As the weekend draws to a close, we have been hearing that President Obama and Treasury Secretary Timothy Geithner would be unveiling plans Monday to further restructure the automotive industry in the United States. It appears that the restructuring is going to go much further than anyone had anticipated. Breaking news has it that General [...]

Orderly bankruptcy for automakers

The Bush administration, including Treasury Secretary Henry Paulson, is still in talks with the three automakers from Detroit and the United Auto Workers (UAW), trying to decide just how the Big Three will receive federal help to stay alive. President Bush seems to be convinced the economy can not withstand the effect of the failure [...]