On “Government Motors”

The US Treasury now owns 60% of General Motors, which the pundits quickly dubbed “Government Motors.” It seems to have become a sort of joke for some peoples as seen in clips on Youtube, going further by called it “Pelosi motors” while others called for a boycott of GM. It’s time to think about it.

Conrail emerged from bankrupt companies who made a profit after some regulated freedom. But there was other cases like Amtrak and British Leyland; the latter didn’t turn out as well as they wished.

Renault’s nationalization happened at the end of WWII. The French government nationalized Renault because they suspected the president of Renault (Louis Renault) to have collaborated with the enemy during the occupation.

I’m glad to see Penske owning now Saturn, if only he had bought Pontiac as well….

There’s nothing about Kokomo

This message was sent in, without a return address, through our feedback form:

There is never anything about the kokomo transmission plants or the casting plant, we build all the automatic transmissions for C,J,D and nothing on this site about the 4 plants in Kokomo Indiana

That is absolutely true, and there are two good reasons. The first is that we simply haven’t gotten there yet. The second is that we don’t have anyone in the Kokomo area to send us pictures, and no factory workers or retired managers have contacted us to tell us about the plants.

So if you’re in or around Kokomo, we’re waiting for you.