Tag: "government"

The Car Czar is headed to the junk yard

The Car Czar is headed to the junk yard

[ 0 ] January 2, 2012 by Mark

It has been a rocky several years for the car industry, no one can debate that. Bankruptcies, sell offs, entire brands being phased out… The reasons for all of these problems are many and still hotly debated to this day. One of the most hotly debated implementations was the Car Czar. However, it seems that […]

Government readies to unload GM shares

Government readies to unload GM shares

[ 0 ] June 1, 2010 by Rick

With the bailout of General Motors the U.S. Treasury took a majority financial stake in the company and has hired an investment bank to guide the company through an initial public offering (IPO) process. This will be a delicate balance as the government wants to make sure they’re unloading GM at the right time without […]

Auto black boxes may add substantial costs

Auto black boxes may add substantial costs

[ 0 ] June 1, 2010 by Rick

Black boxes have been in use in transportation for a long time, they’ve provided valuable information as to the causes of accidents for investigators and now they US Government wants to put similar technology to use in automobiles. Black box type systems already exist in some form in most new cars, but it isn’t a […]

Government owned muscle cars

Government owned muscle cars

[ 0 ] May 19, 2010 by Rick

A plane that is so hard to land that a chase car had to be employed to aid the pilot in touching down, that’s what it takes when we’re talking about a Lockheed U-2 spy plane. The U-2 is a high altitude spy plane that was built in the mid-1950’s and being such is very […]