Will They Make The Turn?

By | 2017-12-06T21:37:35+00:00 December 6th, 2017|Categories: Auto Industry Attorney, Automotive Economy, Automotive Trends, Autonomous Cars, Electric Cars, General Motors, Tesla|Tags: , , , , , , , , , |

There once existed a time when the financial question of the day was whether Tesla’s stock would ever fall from its dizzying height of $395 per share. For a car company that only sold its first car nine years ago, and that has never turned a profit, it was a legitimate question.   Now the question [...]

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GM’s Day of Reckoning

By | 2017-07-25T17:18:25+00:00 April 1st, 2014|Categories: Auto Industry Attorney, Auto Recalls, General Motors|

This week, General Motors CEO Mary Barra will appear before an angry panel of examiners in the House and the Senate, where she has been summoned to testify about how and why the Detroit automaker concealed known safety defects in more than 1 million vehicles for over a decade.   The hearings signify a remarkable change [...]

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Success, Redefined

By | 2017-07-28T18:06:20+00:00 January 7th, 2014|Categories: General Motors|

On Dec. 9, 2013, the U.S. Treasury sold its last share of General Motors stock, concluding its four-year investment into the automaker that stirred considerable debate. At the high water mark, the U.S. owned 61 percent of GM, placing itself squarely in the midst of private competition, and forcing it to compete against those it was [...]

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Dodging a Bullet

By | 2017-07-25T00:47:28+00:00 November 5th, 2013|Categories: General Motors|

Few words can describe the unmitigated disaster that nearly befell our country last month when a New York bankruptcy judge was set to rule on one of the most explosive cases before the judiciary. The ruling could have inflicted untold damage on our fragile economy, sending scores of citizens into the financial abyss, and disrupting business [...]

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The Root of All Evil

By | 2017-07-26T17:50:23+00:00 April 2nd, 2013|Categories: General Motors|Tags: , , , , , , , , , , , , , , , , |

When the heads of the Detroit automakers made their famous trip to Washington DC in 2008, arriving in private jets and asking to be bailed out from their financial woes, the world was shocked at their level of disconnect. Did they really just tell Congress that they were broke and about to go under, while their [...]

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Chrysler Dealers Bring Suit Against US for Violating the Fifth Amendment

By | 2017-08-16T17:03:44+00:00 January 8th, 2013|Categories: Auto Industry Attorney, Automotive Trends, Chrysler Bankruptcy, General Motors|

To be sure, September 2008 was a pure financial mess. Toxic credit default swaps and irresponsible subprime lending created an unsustainable housing market that served as the underpinnings of the day’s economy, and when it all collapsed – as it had to – Wall Street’s biggest and brightest were caught drowning under the weight of their [...]

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The Truth About Obama and the Automotive Industry

By | 2017-07-26T18:42:03+00:00 November 6th, 2012|Categories: Auto Industry Attorney, Automotive Economy, Automotive Trends, Chrysler Bankruptcy, General Motors, The Next Four Years|

Every presidential election presents the country with a unique opportunity to fundamentally alter the course of history. The decision we make this November will lay the foundation for economic, environmental and foreign policies for the next four years, or possibly the next eight, and in many respects, for generations to come.   To put the gravity [...]

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Could GM be at it Again?

By | 2017-07-26T19:32:53+00:00 October 2nd, 2012|Categories: Auto Industry Attorney, Automotive Economy, Automotive Trends, General Motors|

In the world of automotive juggernauts, market share is everything. Perhaps this is true in every industry, but it is a particularly important topic among the Detroit 3, who have seen their global dominance wither away to market irrelevance over the past several decades.   There once was a time when many believed, “What’s good for [...]

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Injustice Defined: Chrysler Dealers Get Rejected Once Again

By | 2017-08-25T19:46:52+00:00 June 6th, 2012|Categories: Auto Industry Attorney, Automotive Economy, Automotive Trends, Chrysler Bankruptcy, General Motors, Uncategorized|

The last four years have laid witness to some of the most extraordinary events in our nation’s history. The 110 year-old Lehman Brothers toppled in an instant, Merrill Lynch was sold over a weekend, and our government began doling out billions in an effort to save it all. Sweeping measures of enormous degree were taken on [...]

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How Soon We Forget

By | 2017-07-27T19:46:44+00:00 May 3rd, 2011|Categories: Airbag Recall, Auto Recalls, Automotive Economy, Automotive Trends, Class Action, General Motors, NHTSA, Volkswagen|

On the one year anniversary of the $16 million fine imposed against Toyota – the largest fine ever levied by the National Highway Traffic and Safety Administration (NHTSA) against an automobile manufacturer – little has been done to change the system that allowed the problem to exist in the first place.  Students of history will recall [...]

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