Encouraging article about which domestic cars to buy….a bit of good news in a sea of somewhat dreary news…. http://money.cnn.com/2009/01/02/autos/trying_times/index.htm?postversion=2009010215 Let’s hope 2009 starts off better than 2008 ended….although we are seeing signs of stirring among our rental car and auto dealer friends and partners. Happy New Year! Mike and Gang
Check out what an enterprising Prius owner did with his car during a snowstorm, and the ensuing blackout it caused… http://jalopnik.com/5118297/tech+savvy-prius-owner-uses-hybrid-to-power-house-during-snow-storm
Interesting spin, with good factual backup, on why it’s in NOBODY’S interest to have the Detroit 3 get any worse off than they are. Read on: http://money.cnn.com/2008/12/15/news/companies/overseas_automakers/index.htm
Travel Weekly PDF
Express News December 2008 Advantage Rent A Car has filed for bankruptcy protection and has laid off about half of the staff at its San Antonio headquarters as part of a larger downsizing brought on by the nation’s ongoing economic crisis. The company filed a petition for reorganization under Chapter 11 of the U.S. Bankruptcy […]
Merger Market December 2008 As the hurricane gripping US auto manufacturers threatens to flatten weaker car rental agencies, New Jersey-based Hertz Global Holdings (NYSE:HTZ) could emerge an acquirer, according to two industry lawyers, an industry banker and an industry analyst. Dollar Thrifty remains the only large logical target for Hertz, they added. All the sources […]
The following is put about as well as any I’ve seen as the calls for “the heads” of the domestic auto companies’ CEOs start to build. Who has asked for “the heads” of the dunderheads who got this party going in the first place? Read on: http://dealersedge.com/ME2/dirmod.asp?sid=&nm=&type=news&mod=News&mid=9A02E3B96F2A415ABC72CB5F516B4C10&tier=3&nid=C01B032AD44A4E94A154436AAC1BBD24
I took about 90 minutes today to listen the gas bag politicians grill three auto company CEOs about their business plan. Too bad the CEOs didn’t get to grill the Senators about THEIR business plan, and how dysfuntional THEIR “companies” are. Sheeeesh…….. Along the way, CNN did a nice job of outlining how many direct […]
I’m not really good with words, but I’m getting pissed at the unequal treatment the auto industry is getting from Washington. Granted, the CEOs of GM, Ford and Chrysler did a poor job of articulating their problems, then compounded it with evasiveness (no, I wouldn’t do their job for $1.00 per year….why didn’t they just […]
From Dealer’s Edge, by way of USAToday….an intersting idea on an auto maker industry fix: http://dealersedge.com/ME2/dirmod.asp?sid=&nm=&type=news&mod=News&mid=9A02E3B96F2A415ABC72CB5F516B4C10&tier=3&nid=AF067B3255024A37B58AD3CF9C81FBFD
