CHRYSLER

Romney vs. Obama on Auto Bailout: Will Govt.'s $2.43B Loss on GM Stock Matter?

Mitt Romney
The four words that envelop the headline nag along behind Mitt Romney wherever he campaigns on stops in Michigan. Let Detroit Go Bankrupt. These were the four words that served as the theme and message of an opinion-editorial Romney penned more than three years ago for The New York Times. It came in the midst of bipartisan bailouts to the swooning auto industry, in a time of debate over how to save what was once Michigan's most prestigious industry in its most prestigious city.
Young Mitt Romney with father

Auto Bailout Antagonism Isn't Likely To Shut Down Romney

The auto industry is the engine of the Michigan economy, but Mitt Romney's opposition to the ultimately successful government rescue of General Motors and Chrysler won't be a major concern of Republican voters in the state's Feb. 28 primary, observers say.
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Spreading Santorum: Rick's "Google Problem" Spreads To Romney, Gingrich

Romney Auto Bailout Op-Ed Draws Fiery Criticism from Democrats, UAW

Mitt Romney went on the offensive Tuesday on one of Michigan's biggest industries, the automotive industry, lambasting the bailouts to General Motors Co. and Chrysler Group LLC from President Barack Obama and proclaiming himself a son of Detroit.
retail sales

U.S. Retail Sales Rose 0.4% in Jan, Lower Than Expected

Sales at U.S. retailers climbed slightly in January as Americans took advantage of post-holiday promotions, and although Tuesday's data fell short of economists' median projection, it still provided yet another hopeful sign of a strengthening economy.
General Motors issued fourth-quarter results Thursday.

Budget Deficit Increases Due to Lower GM Share Values

Lower value of the United States government's stock in General Motors Co. and American International Group will dump $21 billion more on the 2013 budget President Barack Obama released on Monday.
Black Friday shoppers cross 34th Street outside Macy's in Herald Square in New York

Retail Sales Rose in January: U.S. Economy Preview

Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shoppers took advantage of post-holiday promotions, a sign that the U.S. economy is recovering, economists said before a report this week.
Republican presidential candidate Mitt Romney always had a love for American cars, growing up as the son of a chief auto executive. However, in 2008 the former Massachusetts governor strongly opposed a bailout intended to aid the diminishing General Motor

Mitt Romney on Auto Bailout: Could This Give Obama an Edge?

Republican presidential candidate Mitt Romney always had a love for American cars, growing up as the son of a chief auto executive. However, in 2008 the former Massachusetts governor strongly opposed a bailout intended to aid the diminishing General Motors, Chrysler and Ford manufacturers. And now he’ll have to explain his reasoning if he wants to dominate Michigan’s primary on Feb. 28, according to Reuters.
Roland Martin

Roland Martin Suspended: 7 Tweets That Got Celebrities Fired

CNN analyst Roland Martin has been suspended indefinitely after posting several homophobic tweets during the Super Bowl. Martin has agreed to meet with GLAAD, a gay rights group, and CNN has condemned them as regrettable and offensive. But compared to other Twitter controversies, Martin got off easy: for seven other celebrities, their tweets got them fired.
International Business Times Logo

Chrysler spokesman Eastwood was critic of auto bailout

Before he emerged in a controversial Super Bowl ad as the gravelly voice of Chrysler's resurgence, Clint Eastwood was a critic of the government bailout that saved the U.S. automaker.
Clint Eastwood

Clint Eastwood Superbowl Ad Censors Pro-Union Signs

A Chrysler Super Bowl advertisement narrated by Clint Eastwood urges unity has drawn plaudits for its powerful message of unity, but the spot edited out pro-union signs during a scene from last year's divisive protests in Wisconsin.
Clint Eastwood

Clint Eastwood Super Bowl Commercial: Was it Political? [VIDEO]

The political undertones in Clint Eastwood's Super Bowl commercial for Chrysler Group LLC were evident in the reaction it provoked. The nationalistic tone for the ad, Halftime in America, left its audience wondering whether it advocated that the upcoming 2012 Presidential election is halftime for President Barack Obama and that he deserves a second term.

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