G.M. Takes $1.6 Billion Loss After Electric Vehicle Subsidy Goes Away
It seems like the current market for electric vehicles is entirely the creation of government policy.
It seems like the current market for electric vehicles is entirely the creation of government policy.
Yes, cheap imports hurt some American companies. But protectionist trade policy harms many more Americans than it helps.
Private unions have every right to exist, but that doesn't mean they're actually beneficial on net.
The good news: Regulators have exercised unusual restraint.
The bulk of the employees may be able to find work elsewhere within the company, but the state could still be on the hook for the promised cash.
President Joe Biden's support for the United Auto Workers might have harmed his push for a faster transition to electric vehicles.
Carmakers don't need a crony-capitalist slush fund.
The Inflation Reduction Act imposes byzantine requirements to qualify for the credits. Some automakers are simply ignoring them and finding other ways to lower prices.
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
Unionization helps some. But it hurts more.
You can thank robust competition for the fact that environmentally friendly cars are easier than ever to afford.
Only vehicles made in unionized U.S. factories qualify for the full amount.
General Motors is being charged import taxes on parts it needs to build ventilators. Its requests for relief have gone unanswered.
GM’s CEO is offering to help. She shouldn't wait for the feds to figure out what to do.
Plus: The UAW is on strike, Josh Hawley meets with Mark Zuckerberg, and more...
If he wants to help American autoworkers, the president should make trade peace, not war.
Trump's rally promises won't happen because of Trump's trade policies
Shameless crony capitalism play by Detroit automaker
Victims will see very little of the criminal penalties that GM will pay
DOJ will pocket the massive criminal penalties it's about to impose
The criminal penalties that GM faces for the Cobalt debacle could be massive and deleterious to the driving public
The GM bailout is a gift that keeps on giving to the company.
Still, the agency is demanding more money and power
Lawmakers are falling for NHTSA's line that it is too poor to keep drivers safe
Does anyone believe the Obama administration took as hard a look at GM as it did Toyota?
Cobalt victims might not win compensation because of a liability shield
Since returning to the stock market three years ago
What with them already being so dependent on the feds
So, there you go, you economic nationalists ...
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