June 10th, 2009 • by David Zatz
The Cash for Clunkers bill is proceeding rapidly now, having just been passed by the House. Americans who can afford a new car will get a hand up with a $4,500 check from your government. What exactly is the point of this bill? To make car dealers more profitable? To help Toyota in its time [...]
May 22nd, 2009 • by David Zatz
Let’s do some quick reality checks on the hysteria surrounding the automakers. 1) Chrysler warranties: the company is not going to be in bankruptcy forever. It seems reasonable to assume that the warranties will go back into full force as soon as Chrysler Group buys the main assets of Chrysler LLC. What’s more, when Chrysler [...]