On numerous occasions, de facto Car Czar Steven Rattner has said that neither he nor the U.S. government wants to be in the auto business–at least not for long. Those sentiments were reaffirmed yesterday when Rattner indicated that the feds are planning to sell off their 60.8% stake in the New GM as soon as possible. [...]

Think that the government shouldn’t be in the auto business? You’re not alone. We already knew that, but thanks to a survey from Tustin, California research and analysis firm AutoPacific, we can put a number to it: 81 percent agreed that the faster the government gets out of the auto business, the better, and more [...]

Newly tapped General Motors Chairman Edward E. Whitacre, Jr. may have built AT&T into a telecommunications powerhouse, but it’s fair to question whether he can help do the same for GM. You see, he isn’t particularly savvy on the whole auto business thing. In his own words: “I don’t know anything about cars.” While he [...]