by Jane Richey | May 20, 2012 | Constitutionally Limited Goverment, Free Markets
General Motors Co. — which owned the auto and mortgage lender Ally Financial Inc. until 2006 and still holds a 9.9 percent stake in the company — said it will consider a bid for Ally’s foreign operations. GM CEO Dan Akerson told Bloomberg News on Monday that the...
by Jane Richey | Apr 18, 2012 | Constitutionally Limited Goverment, Free Markets
Former Vice Chairman of General Motors Bob Lutz said he would raise taxes on gasoline to compel American consumers to buy more electric cars. “If I were emperor of the United States, I would raise the fuel tax in the United States by 25 cents a gallon per year,” said...
by Jane Richey | Mar 2, 2012 | Free Markets, Politics
General Motors will suspend Chevrolet Volt production from March 19th to April 23rd in order to bring supply of the plug-in hybrid car in line with demand, according to the Detroit Free Press. Chevrolet sold 1,023 Volts in February, which up from 603 in January, but...
