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Recent Detroit Breakdown Posts

What statement is GM making?

[Posted on November 4, 2009 at 12:59 PM]

GM's decision to renege on its plan to sell its Opel unit is a strong statement from the board that it is it, not the U.S. Government, who is running the show.
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Parsing Feinberg's pay rationale

[Posted on October 28, 2009 at 12:22 PM]

Obama administration pay czar Kenneth Feinberg's pay cuts may not be 'vindictive,' but his rationale may be dangerous.
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Fisker buys old GM facility

[Posted on October 27, 2009 at 11:58 AM]

As expected, venture funded Fisker Automotive announced the purchase of a production facility in Wilmington, Del., from the old General Motors.
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Wheego's McQuary on the future of cars

[Posted on October 5, 2009 at 10:46 AM]

Electric cars may be the future of the automotive industry, so we took a spin in one from Wheego Electric Cars.
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Rep. Hoyer plays politics with GM, Chrysler

[Posted on September 29, 2009 at 3:20 PM]

As expected, politicians continue to play politics with government-owned General Motors and Chrysler.
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Leftover Chrysler assets still a burden

[Posted on September 28, 2009 at 7:15 AM]

The assets Chrysler left behind in bankruptcy court lost $344 million in July, the first full month since the automaker closed the sale of most of its operational assets to Fiat.
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Dealmaker trades in DB7 for Corolla?

[Posted on September 25, 2009 at 10:22 AM]

We knew times were tough for dealmakers with the volume of M&A down, but did you really need to trade in a 1997 Aston Martin DB7 Volante for a new Toyota Corolla?
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Magna drives into Russian feud

[Posted on September 24, 2009 at 1:30 PM]

Canada's Magna International may have just driven into a spat between two Russian oligarchs.
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Busted auto deals drive off Cerberus investors

[Posted on August 31, 2009 at 12:05 PM]

Months after Cerberus' contrarian bets on Chrysler and GMAC were wiped out, the distressed investor is still seeing clients flee its family of hedge funds.
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Tesla co-founder drops suit

[Posted on August 20, 2009 at 12:06 PM]

Co-founder Martin Eberhard has dropped his lawsuit against electric car startup Tesla and CEO Elon Musk, news overshadowed by other developments.
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Dimon learns lesson from Mullaly

[Posted on August 10, 2009 at 5:05 PM]

Jamie Dimon's plans to allow Treasury to auction off J.P. Morgan Chase warrants is as shrewd a decision as Ford CEO Alan Mullaly's refusal of a government bailout.
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Teaching Detroit educators a fiscal lesson

[Posted on August 6, 2009 at 7:00 AM]

While Detroit officials may be looking toward a Chapter 9 filing to steer the Detroit Public School System away from financial ruin, some feel that the move could ultimately do more harm than good.
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Deal Stocks: GS, CIT, UBS, BAC, BX, PEP, TRMP

[Posted on August 4, 2009 at 4:44 PM]

A look at the news and transactions driving deal-related stocks.
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