The Government Accounting Office, which is (supposedly) non-partisan and may or may not have a stalwart track record in accurate accounting,* has released some information that is a little less than reassuring to those banking on the auto industry’s bailout billions being recouped. The GAO interviewed a bunch of experts in the financial and auto [...]
Most people know about the Toyota recalls for faulty brakes and accelerator pedals. It’s been all over the news, the CEO of Toyota had to appear before Congress to explain his company’s (supposed) lack of response to this “serious safety concern” and whatever else. Meanwhile, Government Motors has recalled 1.3 million vehicles for a potentially [...]
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