Extend your vehicles service life

In this day and age it is good to extend your vehicle's life a little longer. Even if the automakers want you to buy new!

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GM severs another limb: Saturn being sold off to Penske

It's a sad day for automakers in the US, specifically General Motors. Once the powerhouse of the American market, GM is now the 'withering tree' losing itself one limb at a time. Today it's been announced that a deal is in the works to spin off the Saturn brand to Roger Penske. Yes, that Roger Penske. It is not being sold to some multi conglomerate world auto maker, but a guy who has been slowly building an auto empire in the USA.

What will be left of GM is anyone's guess but one thing is for sure, this will be a much different company a year from now.

Axe falls on Hummer, it goes to the Chinese

Reports are that the Hummer division of GM has been sold. A Chinese buy has been named for Hummer. In a deal that amounts to GM just getting pennies on the dollar of what the company is worth, this is apparently is a done deal. GM has struggled to survive and even filed for bankruptcy itself just yesterday.

The US government is part owner of a company called GM now. It is a majority holder of the company, and this move is unprecedented for the US Government to step in and actually be known as an owner. I never knew the US to be in the auto business before and don't know if taxpayers wanted to board this incredibly sunk ship of GM, but here we are thanks to President Obama. Hey, maybe they'll name an upcoming model after him, 'The Obama'. A built to last, piece of Americana. Debate is raging whether or not this move was communistic here in the US. Stay tuned, it should get very interesting. Why GM? and why did the US 'buy' them into bankruptcy?

Ford Motor Company has got to be scratching it's head at what is going on here. It's chief competitor now has an owner with very deep pockets, Uncle Sam. This story is getting crazier as the days go on.

GM and Chrysler despite bailout still on shakey ground

The Federal bailout was supposed to be a savior to the US automakers that needed it, instead of saving them it was just like chum to a shark. The country's biggest auto giant GM, is about to declare bankruptcy even after getting billions of dollars in revenue from Washington.

If this were going to happen all along, why then did the taxpayers have to give billions to this sinking ship? Where did all of the billions go? I didn't see great incentives offered, and I currently own a Chevy car. The incentives I saw went no where near they should have when a company is struggling to survive is trying it's best to stay afloat.

Where did the billions go? GM already has received almost $20 Billion dollars as of May 2009, that is a lot of money. They could have give cars away real cheap with a bailout that huge. It is just an incredible sinking ship, it should have been allowed to sink rather than have the US taxpayers keep dumping money down a bottomless pit.

Now, if GM survives it is promised billions more in taxbreaks from the Federal government. This is incredible now, I think the problems that this company had couldn't be fixed by anyone even our own government. As we already seen, $20 Billion is not enough to fix it, and now bankrupcy looms.

US consumers have spoken on this matter, they prefer to buy cars that last longer than 5 years and return a value that is still decent after they have paid for their cars. This is something that GM doesn't offer. They haven't been making quality products that the consumer has faith in. Auto manufacturers like Toyota, and Honda are making quality products and that is the real reason GM is failing. They are not offering quality, and the prices that they are charging are too much from what they 'are' offering.