TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Five Reasons to Say Yes to American Cars Rick Newman submits:The government hath spoken–and declared it safe to buy an American-made car. By vowing to honor the warranties for cars built by General Motors (GM) and Chrysler, the Obama administration has removed a bit of the stigma associated with the two troubled automakers. Both need billions in emergency government loans to remain solvent and transform their operations, and bankruptcy remains an option. By pledging to stand behind the warranties, the government removes the fear that buyers may be spending lots of cash on a product the manufacturer won't be able to support if it goes out of business.Complete Story » seekingalpha.com |
Delphi Hopes to Exit Chapter 11 Just as GM Enters Tyler Durden submits: In a Detroit Free Press article, long suffering Delphi (DPHIQ.PK) has been reported to be in active negotiations with the auto task force over its own upcoming June 2 deadline to emerge from bankruptcy.Complete Story » seekingalpha.com |
Chicago Computer Problem Stalls United Airlines Flights United Airlines struggled to repair a computer problem at O’Hare International Airport in Chicago, causing delays that rippled across the country. nytimes.com |
Southwest's Failed War of Attrition Vaughn Cordle submits:Time for Southwest to Raise Fares & Ancillary Fees Airlines have yet to fully understand what higher bag [and other ancillary] fees will do to demand once fully developed. One has to assume that extra fees will eventually cut into the fare revenue stream.Complete Story » seekingalpha.com |
General Motors Takes OnStar to China TheCarConnection.com submits: In what could be one of General Motors' smartest moves in recent years, the company has announced plans to roll out its popular OnStar system in China. This marks the first time OnStar will be offered outside North America. The service will be available as of December 6 -- first in Cadillacs, then Buicks, and eventually Chevrolet models. Subscription pricing was not included in the announcement.GM's decision isn't surprising. China's economy is growing by leaps and bounds, and by all appearances, the country is recovering faster than others from the global economic crisis. Those factors, along with China's continuing trend toward de-isolation and the growing wealth of its citizens, have helped turn China into the second-largest auto market on Planet Earth. Sales for 2009 are projected to hit 12.6 million vehicles (many of which will bear GM badges). A booming economy, millions of potential customers, and pre-existing market share? We have a hard time seeing the downside.Complete Story » seekingalpha.com |