By Stephanie Porteus

HotRodHoney

How happy are Americans that Ford didn’t take government bailout money? Apparently, happy enough to be spending their hard-earned cash on Fords–for the first quarter of 2010, the Blue Oval is posting a $2 billion profit, and has in fact sold 56% more cars and trucks in the first 3 months of 2010 than it sold a year ago. Their sales are so strong that they even have the best market share since 1977.

Continue reading "Ford: No Bailout Translates Into Big Profits" »

By Chris Bicknell

Bick66

General Motors announced yesterday that they have fully repaid their government loan, plus interest, five years ahead of schedule. Although GM has has a lot of work ahead to get back on track, it seems like they are making steps in the right direction. I guess time will tell just how much they’ve learned from their past mistakes. Watch below as Chairman and CEO of General Motors Ed Whitacre talks about the repayment and touches on the future of GM and read more at gm.com.

By Jim Brennan

UDMan

All over the car blogging community, there hasn’t been a topic quite like the Cash For Clunkers program that was extended this past week. There have been heavy debates as to the merit of this program, and why anyone will trade a perfectly good vehicle, only to have it destroyed. Well, it’s time to put this all into perspective, as I am going to take the unpopular side of explaining why this program has become somewhat successful, and why everyone who is against it should just calm down.

Continue reading after the jump!

Continue reading "The Cash For Clunkers Program from the Average Consumer's Point of View" »

By Brian Lohnes

BangShift.com

We were tipped off to this news story from an Australian paper by Kris from our forums. The piece looks at Holden’s future as a part of General Motors and their viability as an automaker in these tough economic times.

It makes us think that the dudes running Holden could wing over here and show the domestic management a thing or two because they are humming along down there and have not laid a single employee off this year. Granted, they have slowed production and employees have taken pay cuts, but everyone still has a job.

Teamwork. A novel concept indeed. Click here to see how GM can survive.

By Rob Einaudi

Editor-in-Chief

Are you happy? Angry? Indifferent? I mostly just feel relieved… Full story at The New York Times