Entries from BizBox Blog on Slate tagged with 'auto bailout'
What To Do With The Car Dealerships?
This week, debate will begin in earnest on Capitol Hill over legislation that would reverse some or all of the thousands of car dealership closings that took place several months ago as a part of the federal government's bailout of...
Guess Who's Building The Electric Car?
Who revived the electric car? According to The Washington Post, the answer may turn out to be a series of small entrepreneurial efforts, including Coda Automotive and Bright Automotive, that "are tapping into the expertise of others in bids to...
Obama Opposes Car-Dealer Bailout
Even as a plan to require General Motors and Chrysler to reopen over 2,000 recently-shuttered car dealerships around the country has gained support in Congress--the relevant bill has attracted over 240 sponsors, to say nothing of supporters--yesterday, the Obama administration...
Detroit's New (Post-)Industry
Via Bloomberg comes the news that General Electric is establishing a big new research center in the Detroit suburbs. The Advanced Manufacturing and Software Technology Center will investigate potential innovations in the areas of health-care, software, and even wind...
Mr. Car-Dealer Smith Goes to Washington
The car dealers had their day at the Capitol today, the New York Times reports. These small business owners (some of them owning smaller business than others, to be sure) are being set loose by ailing car companies, mostly bankrupt...
Car Dealers Fight To Stay Open
The Washington Post (our corporate older brother) runs a great article on a local (semi-) small businessman, Jack Fitzgerald, and his efforts on behalf of his embattled type of business. Fitzgerald owns nine D.C.-area car dealerships--except seven of them are...
GM, Chrysler Aren't The Only Busted Ones
Ever since the prospect of massive bailouts of Detroit's Big Three was raised several months ago, we've pointed out that their implosion would threaten thousands and thousands of small businesses who are tied up, directly or indirectly, with General Motors,...
New Car Dealership Credit Program Announced
Earlier this month, we reported on the Small Business Administration's plan to open up some of its lending programs to new types of businesses--most notably, car dealerships (who tend to be small, or at least small-ish, and with the bankruptcy...
Is There Such A Thing As "Recession-Proof"?
A few recent posts on how the struggling auto industry is affecting small businesses formed the sort of juxtaposition that positively screams, "Blog about this!" So here we go. On the one hand, the potential collapse of the Big...
Today's Little Thousands, Tomorrow's Big Three
We've been largely in favor of helping out the Big Three automakers, at least enough to stave off their total collapse, under the theory that many, many entrepreneurs, small businesses, and indeed entire regions are dependent upon the economic activity...
Small Businesses Start To Get Their Own Bailouts
When the bailout of the Big Three automakers was being debated last December, we pointed out that the welfares of the Three also impacted the welfares of thousands and even hundreds of thousands more, many of them small businesses. Fortune...
The U.S. Lends To The Big Three. What About The Small Thousands?
Big morning: President George W. Bush (yes, he's still the president!) has announced that the government will make $13.4 billion in emergency loans to the Big Three automakers, plus an additional $4 billion down the road in February. We explained...
No Auto Bailout. Uh-oh.
Well, looks like the bailout of the Big Three isn't going to come through, at least for now. Though a bill that would have provided $14 billion in loans was backed by everyone from Congressional Democrats to President George...
The Big Three, And The Rest Of Us
We'll make it auto bailout day here on BizBox. In our last post, we dealt with what we thought was the National Federation of Independent Business's unhelpful hostility towards a hypothetical bailout. Though this wasn't our main point, we...
The Auto Bailout and Small Businesses
"Small businesses owners are adamant," declared a release issued Monday by the National Federation of Independent Business and authored by the group's head, Todd Stottlemyer: "Don't ask us to send our tax dollars to Detroit to pay for their...
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