Tagged: GM

Too Big to Fail

While we’re genuinely sympathetic to the enormous hardship that accompanies the loss of a job, the spectacle of Detroit automakers pleading for alms from us, the citizenry, from whom they have earned unfathomable wealth over the decades, is one of those macabre spectacles that normally appear in only the most imaginative science fiction. Our compassion...

Burn, Baby Burn: GM’s Fuel Protection Scheme

General Motors, the moribund American auto maker that’s been bleeding money (and slashing jobs) for several years, has a new sales promotion for California residents, who endure some of the highest gasoline prices in the nation. The company, which makes brands like Chevrolet, Pontiac, Buick, and Hummer, is offering a special deal: Buy or lease...