“General Motors” on The Daily Caller

DETROIT (AP) — After years of big discounts, GM is finally getting a good price for its cars and trucks, and it’s helping the company’s bottom line. (more)

TheDC’s Matthew Boyle talked with Neil Cavuto on Fox Business about his story on the Obama administration’s role in directing operations at General Motors as the company was receiving federal bailout money. (more)

New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid “intervening in the day-to-day management” of General Motors post-auto bailout. (more)

It’s a perennial debate around Detroit: Who’s better — GM or Ford? (more)

General Motors Co. CEO Dan Akerson wants the federal gas tax boosted as much as $1 a gallon to nudge consumers toward more fuel-efficient cars, and he’s confident the government will soon shed its remaining 26 percent stake in the once-bankrupt automaker. (more)

TOLEDO, Ohio (AP) — Faced with a dismal new jobs report, President Barack Obama said Friday that the economy “is taking a while to mend” and faces “bumps on the road to recovery.” But at an event to celebrate the resurgence of the auto industry he made no mention of the dour economic news that threatened to obscure his optimistic message. (more)

When Chrysler announced at the end of April that it repaid most of its $10.5 billion loan from the federal government, Democrats seized on the opportunity to declare the unpopular bailout a success story. The Chrysler announcement, combined with General Motors’ (GM) previous claim that it had already paid back half of its $50 billion bailout, has put the auto companies in a unique position for the 2012 election cycle. (more)

On Tuesday, reports surfaced accusing General Motors (GM) of sponsoring and financing a Chinese communist propaganda film. First reported by the Washington Times, the story is winding its way through the web and and risks becoming another blight on “Government Motors.” (more)

While bailout enthusiasts hail GM’s first-quarter earnings as proof that the administration saved the auto industry, President Obama should know better than to gloat. No such feat was accomplished and the imperative of extricating the government from GM’s operations has yet to be achieved. (more)

DETROIT—General Motors Co. Thursday said its net income tripled in the first quarter due to stronger sales and sales of assets, including its stake in former auto-parts arm Delphi Automotive. (more)

Although Donald Trump is trying to re-invent himself as a conservative for a possible bid for president in 2012, reminders of his prior support for Democrats and big government polices keep adding up. The latest: The Donald supported the auto bailout in 2008. (more)

“I’m not saying show us some love,” said Greg Martin, director of policy and Washington communications at General Motors, “but recognize that we made the hard, difficult decisions both in the boardroom and on the assembly line to get this business on sound market principles to run it.” (more)

Republican Reps. Mike Turner of Ohio and Dan Burton of Indiana are asking House Oversight Committee Chairman Darrell Issa, California Republican, to dig into the Obama administration’s decision to cut more than 20,000 private-sector workers’ pensions and eliminate their health and life insurance plans during the General Motors (GM) bailout in 2009. (more)

President Obama may want 1 million electric vehicles on the road in the not-so-distant future, but according to recent sales data, the American public has yet to sign on to that goal. For the month of February, both General Motors and Nissan reported remarkably low sales for their electric vehicles. (more)

Q. GM’s recent sales surge–what’s their secret? Great new models? Superior quality? A:  Heavy price-cutting to goose sales (at an inevitable cost in profits). … Maybe that’s why GM stock is  plunging  priced so realistically. … P.S.: GM has now begun selling Chinese-made GM cars outside of China. Right now these are small Chevies aimed at developing markets.  How long before they are Buicks and Cadillacs marketed in this country? You think Americans won’t buy a Chinese-made Cadillac? Those must be the same Americans who would never buy a Japanese luxury car. … True, the Chinese Caddies won’t be as well made. They will almost certainly be better made.  (In the latest Consumer Reports survey, Cadillac still had “below-average reliability“). … (more)

Subway’s taking the next train outta Skins-ville. (more)

Backed by top GOP leaders including House Speaker John Boehner, Republican Rep. Mike Turner is introducing a constitutional amendment to ban the federal government from owning corporations in whole or part following aggressive intervention by the Treasury Department during the financial crisis. (more)

General Motors has apparently had an epiphany. GM now “realizes” that it “shares the planet with everyone” and wants “to do more to help keep it clean.” So GM has pledged to buy carbon offsets representing one year’s worth of greenhouse gas emissions from the 1.9 million Chevys projected to be sold during 2011. (more)

Are there any limits to the federal government’s power to regulate commerce? U.S. District Judge Henry Hudson has promised a decision on this issue before the end of this year. Judge Hudson is presiding over the Commonwealth of Virginia’s challenge to the Patient Protection and Affordable Care Act (better known as Obamacare), which forces Americans to buy health insurance or pay a fine. (more)

General Motors Co.’s recent stock offering was staged to start paying back the government for its $50 billion bailout, but one group made out much better than the taxpayers or other investors: the company’s union. (more)