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Colorado Representatives Fight Back: GM and Chrysler Accused of Mistreating Dealers

Colorado Representatives Fight Back: GM and Chrysler Accused of Mistreating Dealers

The auto industry has been in a state of flux for the last year, however, in the last 6 months things have really heated up as you can read from my previous report on the state of the auto industry. It isn’t all bad, especially with people like Chris Kilcullen who are starting up campaigns like [...]

July 17th, 2009 | Posted in Auto News | Read More »

Louisiana Balks At Licenses For New GM Dealers

Louisiana Balks At Licenses For New GM Dealers

In a move that’s sure to please certain talk show hosts pushing for a GM boycott, the Louisiana Motor Vehicle Commission has said that auto dealers for the new General Motors might not be granted licenses to operate in the state. In a nutshell, LMVC executive director Lessie House is opposed to language in the [...]

July 4th, 2009 | Posted in Auto News | Read More »

GMAC gets another $7.5B from U.S gov’t.

GMAC gets another $7.5B from U.S gov’t.

According to The Detroit Free Press, the U.S. Treasury has dumped another $7.5 billion into GMAC’s coffers just two weeks after the bank was told by federal regulators that it needed billions in order to survive. In another government-backed boost, GMAC is now allowed to issue FDIC-insured debt. Both actions are reportedly designed to help [...]

June 21st, 2009 | Posted in Auto News | Read More »