Since Magna International founder and chairman Frank Stronach was in Ottawa yesterday announcing his intention to build electric cars in Canada (and perhaps scrounging for federal funds to help with the effort), I thought it appropriate to post a previously unpublished interview I did back in January with Ted Robertson, ...
Apr
07
U.S. President Barack Obama’s auto task force sent General Motors back to drawing board late last month to come up with another restructuring plan, with an emphasis on developing fuel-efficient vehicles.
A few minutes ago the Federal and Ontario governments announced that they're going to funnel $4 billion to GM and Chrysler to keep the companies afloat. Chrysler will get some cash fast — $250 million, out of the $1 billion allotted to them will end up in their coffers tomorrow, ...
Nov
13
It's a bull market in bailouts. The banks were first. Now it’s the auto companies. Whose next?




