<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd"
	xmlns:media="http://search.yahoo.com/mrss/"
>

<channel>
	<title>The Truth About Cars &#187; Chapter 11</title>
	<atom:link href="http://www.thetruthaboutcars.com/category/news-blog/chapter-11/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.thetruthaboutcars.com</link>
	<description>The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news.</description>
	<pubDate>Thu, 04 Dec 2008 01:40:35 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.6.3</generator>
	<language>en</language>
		<!-- podcast_generator="podPress/8.8" -->
		<copyright>&#xA9;Robert Farago </copyright>
		<managingEditor>robert.farago@thetruthaboutcars.com (Robert Farago)</managingEditor>
		<webMaster>robert.farago@thetruthaboutcars.com(Robert Farago)</webMaster>
		<category>Automotive</category>
		<ttl>80320</ttl>
		<itunes:keywords>car reviews,auto news,auto review,automotive news,auto reviews,used car reviews,auto industry news,automotive reviews</itunes:keywords>
		<itunes:subtitle>The Truth About Cars</itunes:subtitle>
		<itunes:summary>The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news.</itunes:summary>
		<itunes:author>Robert Farago</itunes:author>
		<itunes:category text="Games &amp; Hobbies">
  <itunes:category text="Automotive"/>
</itunes:category>
<itunes:category text="Sports &amp; Recreation"/>
<itunes:category text="Society &amp; Culture"/>
		<itunes:owner>
			<itunes:name>Robert Farago</itunes:name>
			<itunes:email>robert.farago@thetruthaboutcars.com</itunes:email>
		</itunes:owner>
		<itunes:block>No</itunes:block>
		<itunes:explicit>no</itunes:explicit>
		<itunes:image href="http://www.thetruthaboutcars.com/wp-content/uploads/2007/12/cropped-mirror.jpg" />
		<image>
			<url>http://www.thetruthaboutcars.com/wp-content/uploads/2007/12/cropped-mirror.jpg</url>
			<title>The Truth About Cars</title>
			<link>http://www.thetruthaboutcars.com</link>
			<width>144</width>
			<height>144</height>
		</image>
		<item>
		<title>Inside GM: &#8220;Fear, Terror and Panic&#8221;</title>
		<link>http://www.thetruthaboutcars.com/inside-gm-fear-terror-and-panic/</link>
		<comments>http://www.thetruthaboutcars.com/inside-gm-fear-terror-and-panic/#comments</comments>
		<pubDate>Wed, 03 Dec 2008 17:22:30 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=174132</guid>
		<description><![CDATA[In all this talk about GM&#8217;s financial health, the most important element of any potential turnaround has been woefully neglected: the company&#8217;s corporate culture. GM&#8217;s is so utterly dysfunctional that it makes John Wayne Gacey&#8217;s home life seem like Peter Brady&#8217;s. There is no way&#8211; no way whatsoever&#8211; that GM can recover with its current [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/inside-gm-fear-terror-and-panic/feed/</wfw:commentRss>
		</item>
		<item>
		<title>TTAC Called It, GM Denies It: China Ready to Eat American Automakers&#8217; Assets</title>
		<link>http://www.thetruthaboutcars.com/ttac-called-it-gm-denies-it-china-ready-to-eat-american-automakers-assets/</link>
		<comments>http://www.thetruthaboutcars.com/ttac-called-it-gm-denies-it-china-ready-to-eat-american-automakers-assets/#comments</comments>
		<pubDate>Wed, 03 Dec 2008 16:00:28 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[China]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=174042</guid>
		<description><![CDATA[When TTAC&#8217;s Bertel Schmitt first blogged the story that China had designs on Chrysler and GM, the resulting traffic melted our server. So we added another one. That one melted too. Our stalwart TTAC technical team tells me they&#8217;re now load balancing&#8211; and doing something about handling our traffic spikes. The view counter&#8217;s disappearance serves [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ttac-called-it-gm-denies-it-china-ready-to-eat-american-automakers-assets/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Bailout Watch 226: GM to Congress: $4b in December or We&#8217;re Dead [Plan Below]</title>
		<link>http://www.thetruthaboutcars.com/gm-to-congress-4b-in-december-or-were-dead/</link>
		<comments>http://www.thetruthaboutcars.com/gm-to-congress-4b-in-december-or-were-dead/#comments</comments>
		<pubDate>Tue, 02 Dec 2008 21:14:59 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Bailout Watch]]></category>

		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=172951</guid>
		<description><![CDATA[As GM&#8217;s 41 percent November sales drop sinks into the public consciousness, The General&#8217;s generals have not-so-coincidentally released their not-secret bailout request. And here it is. Judging from the state of things, Rick Wagoner might need to fly to DC&#8211; before it&#8217;s too late. &#8220;General Motors said Tuesday it needs $4 billion in government loans [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-to-congress-4b-in-december-or-were-dead/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Motown&#8217;s Meltdown Hits Boston Auto Show</title>
		<link>http://www.thetruthaboutcars.com/motowns-meltdown-hits-boston-auto-show/</link>
		<comments>http://www.thetruthaboutcars.com/motowns-meltdown-hits-boston-auto-show/#comments</comments>
		<pubDate>Tue, 02 Dec 2008 18:25:50 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Marketing]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=172481</guid>
		<description><![CDATA[
]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/motowns-meltdown-hits-boston-auto-show/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Any MD Reader Want to Blog This ChryCo Cryfest for Us?</title>
		<link>http://www.thetruthaboutcars.com/any-md-reader-want-to-blog-this-bad-boy-for-us/</link>
		<comments>http://www.thetruthaboutcars.com/any-md-reader-want-to-blog-this-bad-boy-for-us/#comments</comments>
		<pubDate>Tue, 02 Dec 2008 02:42:38 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=171982</guid>
		<description><![CDATA[WHAT: Chrysler LLC President and  Vice Chairman Jim Press will meet with more than 50 Maryland Port  Authority employees and Maryland officials in a Town Hall to discuss  Chrysler&#8217;s and all domestic automakers&#8217; impact on the U.S. trade industry.
Chrysler is the largest exporter for the Port of Baltimore, and  Port employees [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/any-md-reader-want-to-blog-this-bad-boy-for-us/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ted Turner: “Let them go bankrupt.”</title>
		<link>http://www.thetruthaboutcars.com/ted-turner-%e2%80%9clet-them-go-bankrupt%e2%80%9d/</link>
		<comments>http://www.thetruthaboutcars.com/ted-turner-%e2%80%9clet-them-go-bankrupt%e2%80%9d/#comments</comments>
		<pubDate>Sun, 30 Nov 2008 22:27:20 +0000</pubDate>
		<dc:creator>Bertel Schmitt</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=170661</guid>
		<description><![CDATA[There is a whole lotta bailout going on. More and more people are bailing on lending the Detroit dunces a helping hand. Last to bail: CNN founder Ted Turner. He went on NBC&#8217;s Meet The Press and said to Brokaw: &#8220;I saw it coming years ago that Detroit was headed for a crash, and it&#8217;s [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ted-turner-%e2%80%9clet-them-go-bankrupt%e2%80%9d/feed/</wfw:commentRss>
		</item>
		<item>
		<title>The Engine Of Democracy: Invented by Hitler?</title>
		<link>http://www.thetruthaboutcars.com/the-engine-of-democracy-invented-by-hitler/</link>
		<comments>http://www.thetruthaboutcars.com/the-engine-of-democracy-invented-by-hitler/#comments</comments>
		<pubDate>Fri, 28 Nov 2008 16:02:05 +0000</pubDate>
		<dc:creator>Bertel Schmitt</dc:creator>
		
		<category><![CDATA[Bailout Watch]]></category>

		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=169392</guid>
		<description><![CDATA[
As Farago wrote, the Caravan of Love broke down before it even left Motown. Supposedly, it went virtual, and took the information superhighway instead of routes 76 and 70 as even the most half-witted GPS would recommend. Jeez, they can&#8217;t even do what a 3 year old can do in 10 minutes: Build a website. [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/the-engine-of-democracy-invented-by-hitler/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Motown Missionaries Cancel Caravan of Love</title>
		<link>http://www.thetruthaboutcars.com/motown-missionaries-cancel-caravan-of-love/</link>
		<comments>http://www.thetruthaboutcars.com/motown-missionaries-cancel-caravan-of-love/#comments</comments>
		<pubDate>Fri, 28 Nov 2008 13:44:05 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Marketing]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=169381</guid>
		<description><![CDATA[&#8220;The caravan bound from Detroit to Washington, D.C., to support federal bridge loans [a.k.a. bailout] for Detroit&#8217;s Big Three automakers will take the information superhighway instead of the interstate&#8230; Grand plans of an automotive cavalcade to the nation&#8217;s Capitol grew to the point of impossible once the idea was floated last week by a number [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/motown-missionaries-cancel-caravan-of-love/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ask the Best and Brightest: Who Will Walk Away With Saturn, Saab, Pontiac, Hummer?</title>
		<link>http://www.thetruthaboutcars.com/ask-the-best-and-brightest-who-will-walk-away-with-saturn-saab-pontiac-hummer/</link>
		<comments>http://www.thetruthaboutcars.com/ask-the-best-and-brightest-who-will-walk-away-with-saturn-saab-pontiac-hummer/#comments</comments>
		<pubDate>Thu, 27 Nov 2008 19:15:45 +0000</pubDate>
		<dc:creator>Bertel Schmitt</dc:creator>
		
		<category><![CDATA[Ask the Best and Brightest]]></category>

		<category><![CDATA[Bailout Watch]]></category>

		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=169141</guid>
		<description><![CDATA[
According to Bloomberg, who has it from people supposedly familiar with the matter, GM &#8220;is studying whether to shed its Saturn, Saab and Pontiac brands in addition to Hummer.&#8221;
So assuming that they do:  Will they just dump the brands? As in throw them away? Or will they sell them? If the latter, who do you [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ask-the-best-and-brightest-who-will-walk-away-with-saturn-saab-pontiac-hummer/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM Asks FAA to Remove Tracking on Company Jets</title>
		<link>http://www.thetruthaboutcars.com/gm-asks-faa-to-remove-tracking-on-company-jets/</link>
		<comments>http://www.thetruthaboutcars.com/gm-asks-faa-to-remove-tracking-on-company-jets/#comments</comments>
		<pubDate>Thu, 27 Nov 2008 15:42:15 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Crime &amp; Punishment]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=168622</guid>
		<description><![CDATA[Like any good scandal, Jet-gate threatens to unfold like a wedding napkin. As TTAC pointed-out when Alan Mulally was hired, Ford&#8217;s $25m p.a. CEO&#8217;s perks include free, non-business-related jet travel for his wife and family. And now Bloomberg reports that GM has asked aviation regulators to block the public’s ability to track The General&#8217;s squadron [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-asks-faa-to-remove-tracking-on-company-jets/feed/</wfw:commentRss>
		</item>
		<item>
		<title>&#8220;I Do Have a Son in College I have to Pay For Somehow&#8221;</title>
		<link>http://www.thetruthaboutcars.com/i-do-have-a-son-in-college-i-have-to-pay-for/</link>
		<comments>http://www.thetruthaboutcars.com/i-do-have-a-son-in-college-i-have-to-pay-for/#comments</comments>
		<pubDate>Thu, 27 Nov 2008 14:03:08 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=168442</guid>
		<description><![CDATA[
]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/i-do-have-a-son-in-college-i-have-to-pay-for/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Elimination of Personal Waste Baskets at the [GM] Warren Tech Center</title>
		<link>http://www.thetruthaboutcars.com/elimination-of-personal-waste-baskets-at-the-warren-tech-center/</link>
		<comments>http://www.thetruthaboutcars.com/elimination-of-personal-waste-baskets-at-the-warren-tech-center/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 22:45:00 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=165041</guid>
		<description><![CDATA[&#8220;In the coming weeks we will begin to implement a relatively new cost savings initiative at the Warren Tech Center. This initiative deals with the personal waste baskets that are present in most all of the office work stations and conference rooms. Our plan is to eliminate these waste baskets and transition to a modified [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/elimination-of-personal-waste-baskets-at-the-warren-tech-center/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM: No Cut Left Behind</title>
		<link>http://www.thetruthaboutcars.com/gm-no-cut-left-behind/</link>
		<comments>http://www.thetruthaboutcars.com/gm-no-cut-left-behind/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 16:37:07 +0000</pubDate>
		<dc:creator>Edward Niedermeyer</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=164422</guid>
		<description><![CDATA[GM is doing whatever it can to tame its cash conflagration this week, as it seeks to survive another few weeks and prove to congress that it&#8217;s serious about shaping up. The Wall Street Journal reports that these efforts have crossed over from the sublime to the ridiculous (always closer than they seem), as everything [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-no-cut-left-behind/feed/</wfw:commentRss>
		</item>
		<item>
		<title>The Kiplinger Question: Should you buy a Detroit car?</title>
		<link>http://www.thetruthaboutcars.com/the-kiplinger-question-should-you-buy-a-detroit-car/</link>
		<comments>http://www.thetruthaboutcars.com/the-kiplinger-question-should-you-buy-a-detroit-car/#comments</comments>
		<pubDate>Sun, 23 Nov 2008 14:57:37 +0000</pubDate>
		<dc:creator>Bertel Schmitt</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=163692</guid>
		<description><![CDATA[My first American girlfriend&#8217;s mother, a Manhattan slumlord, read the Kiplinger Letter. She drove a Ford.  My American (former) mother-in-law (different person) read the Kiplinger Letter. She drove a Ford. Kiplinger&#8217;s paid circulation is a million; their website receives more unique visits than even TTAC, about 2m a month. When Kiplinger writes, America listens. [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/the-kiplinger-question-should-you-buy-a-detroit-car/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM Appoints Sell-Off Team</title>
		<link>http://www.thetruthaboutcars.com/gm-appoints-sell-off-team/</link>
		<comments>http://www.thetruthaboutcars.com/gm-appoints-sell-off-team/#comments</comments>
		<pubDate>Sun, 23 Nov 2008 00:17:48 +0000</pubDate>
		<dc:creator>Edward Niedermeyer</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Europe]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=163392</guid>
		<description><![CDATA[GM has already announced that it&#8217;s trying to come up with no less than $5b in savings by the end of the calendar year. To assist these efforts, GM has put Jones Lang LaSalle in charge of 200m Euros worth of sell-offs and leasebacks. Together with its attempt to sell or lease its Renaissance Center [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-appoints-sell-off-team/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM BOD: Bankruptcy IS An Option</title>
		<link>http://www.thetruthaboutcars.com/gm-bod-bankruptcy-is-an-option/</link>
		<comments>http://www.thetruthaboutcars.com/gm-bod-bankruptcy-is-an-option/#comments</comments>
		<pubDate>Sat, 22 Nov 2008 14:00:47 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=163211</guid>
		<description><![CDATA[While steering the artist formerly known as the world&#8217;s largest automaker into career suicide, GM CEO Rick Wagoner has steadfastly maintained that &#8220;bankruptcy is not an option.&#8221; As many members of TTAC&#8217;s Best and Brightest have pointed out, that kind of stonewalling A) Is insane and B) reveals guarantees a class action lawsuit against GM&#8217;s [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-bod-bankruptcy-is-an-option/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM is a Joke</title>
		<link>http://www.thetruthaboutcars.com/gm-is-a-joke/</link>
		<comments>http://www.thetruthaboutcars.com/gm-is-a-joke/#comments</comments>
		<pubDate>Fri, 21 Nov 2008 16:16:35 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=162011</guid>
		<description><![CDATA[When I&#8217;m not busy boning-up on Mustangology on Autoblog (c&#8217;mon guys it&#8217;s been TWO DAYS!) I sometimes trace-back links to TTAC material. Today&#8217;s forensic surfing uncovered this little gem on MarketWatch. It&#8217;s a financial results press release from a company called CableOrganizer.com, claiming that they made &#8220;$21.2 billion more in profit than General Motors Corporation [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-is-a-joke/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Bailout Watch 231: Jet-gate</title>
		<link>http://www.thetruthaboutcars.com/bailout-watch-231-jet-gate/</link>
		<comments>http://www.thetruthaboutcars.com/bailout-watch-231-jet-gate/#comments</comments>
		<pubDate>Fri, 21 Nov 2008 13:43:27 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=161621</guid>
		<description><![CDATA[I waited until now to repost this ABC report on &#8220;Jet-gate&#8221; because I wanted to put this story into some sort of context. While members of TTAC&#8217;s Best and Brightest have defended the CEO&#8217;s travel arrangements as either a drop in the bucket or CEO SOP, that&#8217;s not the kind of context I&#8217;m talking about. [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/bailout-watch-231-jet-gate/feed/</wfw:commentRss>
		</item>
		<item>
		<title>CBS Hearts Honda, Toyota and Nissan</title>
		<link>http://www.thetruthaboutcars.com/cbs-hearts-honda-toyota-and-nissan/</link>
		<comments>http://www.thetruthaboutcars.com/cbs-hearts-honda-toyota-and-nissan/#comments</comments>
		<pubDate>Fri, 21 Nov 2008 12:26:49 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=161541</guid>
		<description><![CDATA[
]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/cbs-hearts-honda-toyota-and-nissan/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Carlos Ghosn: GM Merger? Non. Chrysler? Peut-être&#8230;</title>
		<link>http://www.thetruthaboutcars.com/carlos-ghosn-gm-non-chrysler-peut-etre/</link>
		<comments>http://www.thetruthaboutcars.com/carlos-ghosn-gm-non-chrysler-peut-etre/#comments</comments>
		<pubDate>Wed, 19 Nov 2008 20:37:44 +0000</pubDate>
		<dc:creator>Adrian Imonti</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Industry]]></category>

		<category><![CDATA[News Blog]]></category>

		<category><![CDATA[People]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=158492</guid>
		<description><![CDATA[Carlos Ghosn wants your help, and he isn’t shy about asking for it.  In an interview yesterday with The Wall Street Journal, the Renault-Nissan chief announced his intentions to obtain a €40b ($50b) loan package from the French government, in addition to some undisclosed additional quantity of yen from their Japanese counterparts.  Today, before a [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/carlos-ghosn-gm-non-chrysler-peut-etre/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Motown&#8217;s Dirty Little Secret is Out: Detroit On the Brink of Collapse</title>
		<link>http://www.thetruthaboutcars.com/motown-dirty-little-secret-is-out-detroit-on-the-brink-of-collapse/</link>
		<comments>http://www.thetruthaboutcars.com/motown-dirty-little-secret-is-out-detroit-on-the-brink-of-collapse/#comments</comments>
		<pubDate>Wed, 19 Nov 2008 02:42:43 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=157461</guid>
		<description><![CDATA[We&#8217;ve said it before. We&#8217;ll say it again. Before The Big 2.8&#8217;s bailout begging blitz, the average American had no idea how close Ford, Chrysler and GM were/are to bankruptcy. And now, today, they do. So when it comes to buying a new car, well, it&#8217;s either a sympathy you-know-what (as if) or &#8220;Maybe we [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/motown-dirty-little-secret-is-out-detroit-on-the-brink-of-collapse/feed/</wfw:commentRss>
		</item>
		<item>
		<title>What&#8217;s Really Killing Detroit: Too Many Pom-Poms!</title>
		<link>http://www.thetruthaboutcars.com/whats-really-killing-detroit-too-many-pom-poms/</link>
		<comments>http://www.thetruthaboutcars.com/whats-really-killing-detroit-too-many-pom-poms/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 18:04:50 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=156641</guid>
		<description><![CDATA[Peter Valdes-Dapena is not what you&#8217;d call the sharpest automotive journalist on the blog. In fact, you could say that CNNMoney&#8217;s Automotive Editor has about as much killer instinct as Codium setchelli. In case you&#8217;re not up on your algae, this is the scribe who wrote a piece entitled &#8220;Why we need big hybrid SUVs.&#8221; [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/whats-really-killing-detroit-too-many-pom-poms/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Tiger, Tiger, Not So Bright: Buick Pulls Cars from PGA</title>
		<link>http://www.thetruthaboutcars.com/tiger-tiger-not-so-bright-buick-pulls-cars-from-pga/</link>
		<comments>http://www.thetruthaboutcars.com/tiger-tiger-not-so-bright-buick-pulls-cars-from-pga/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 16:23:19 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=156482</guid>
		<description><![CDATA[As GM&#8217;s CEO tires to find federal cash to feed his company&#8217;s conflagration, his minions are busy throwing furniture into the fire. The AP reports that Buick has yanked courtesy car provision from its PGA sponsorship. &#8220;Buick will no longer supply include the U.S. Bank Championship in Milwaukee, the AT&#38;T National in Washington and the [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/tiger-tiger-not-so-bright-buick-pulls-cars-from-pga/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ford &#8220;Temporarily&#8221; Idles Nine Plants</title>
		<link>http://www.thetruthaboutcars.com/ford-temporarily-idles-nine-plants/</link>
		<comments>http://www.thetruthaboutcars.com/ford-temporarily-idles-nine-plants/#comments</comments>
		<pubDate>Mon, 17 Nov 2008 21:40:23 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=155552</guid>
		<description><![CDATA[ WardsAuto.com reports that Ford is following up on its pledge to cut fourth quarter production by, wait for it, 211k units. That&#8217;s a 35 percent drop from year-ago manufacturing levels. To implement the cuts, FoMoCo is &#8220;temporarily&#8221; idling nine plants:Louisville, KY; St. Paul, MN; Oakville and St. Thomas, ON, Canada; Kansas City, MO; Avon [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ford-temporarily-idles-nine-plants/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Bailout Watch 192: John McElroy is Insane</title>
		<link>http://www.thetruthaboutcars.com/bailout-watch-192-john-mcelroy-is-insane/</link>
		<comments>http://www.thetruthaboutcars.com/bailout-watch-192-john-mcelroy-is-insane/#comments</comments>
		<pubDate>Sun, 16 Nov 2008 01:45:13 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Bailout Watch]]></category>

		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=153061</guid>
		<description><![CDATA[Did we miss something? After repeating the inherently suspicious Center for Automotive Research stats on the impact of a Motown meltdown, and sharing the history of the federally-sponsored Chrysler comeback, AutoLine Detroit apologist and Autoblog columnist John McElroy is ready to share the upside of another federal bailout for Detroit. &#8220;Most people seem to miss [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/bailout-watch-192-john-mcelroy-is-insane/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Toyota, Honda Preparing for Motown C11</title>
		<link>http://www.thetruthaboutcars.com/toyota-honda-preparing-for-motown-c11/</link>
		<comments>http://www.thetruthaboutcars.com/toyota-honda-preparing-for-motown-c11/#comments</comments>
		<pubDate>Sat, 15 Nov 2008 13:52:50 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=152652</guid>
		<description><![CDATA[According to Canada&#8217;s Financial Post, Toyota and and Honda are freaking-out about the potential failure of Detroit&#8217;s three car companies. &#8220;We&#8217;re very concerned&#8221; about a Detroit meltdown, ToMoCo spokesman Mike Goss told the Post. &#8220;In the past  couple of days I&#8217;ve been asked &#8216;Wouldn&#8217;t it be great for Toyota if others fail?&#8217;  We [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/toyota-honda-preparing-for-motown-c11/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Bailout Watch 185: Ask A Capitalist</title>
		<link>http://www.thetruthaboutcars.com/bailout-watch-185-ask-a-capitalist/</link>
		<comments>http://www.thetruthaboutcars.com/bailout-watch-185-ask-a-capitalist/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 17:11:16 +0000</pubDate>
		<dc:creator>Edward Niedermeyer</dc:creator>
		
		<category><![CDATA[Bailout Watch]]></category>

		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=151312</guid>
		<description><![CDATA[Here&#8217;s a crazy idea. Instead of relying on a bunch of politicians with little to no business experience to sort out GM&#8217;s problems, let&#8217;s find out what someone who actually turns around failing companies for a living would do. How about, say, William Ackman of Pershing Square Capital? After all, his Fannie/Freddie restructuring ideas seemed [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/bailout-watch-185-ask-a-capitalist/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Bailout Watch 180: Wall Street Waiting For &#8220;Urgent&#8221; GM Bailout</title>
		<link>http://www.thetruthaboutcars.com/wall-street-waiting-watching-for-necessary-gm-bailout/</link>
		<comments>http://www.thetruthaboutcars.com/wall-street-waiting-watching-for-necessary-gm-bailout/#comments</comments>
		<pubDate>Thu, 13 Nov 2008 18:08:22 +0000</pubDate>
		<dc:creator>Edward Niedermeyer</dc:creator>
		
		<category><![CDATA[Bailout Watch]]></category>

		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=149732</guid>
		<description><![CDATA[In a new report covered by Automotive News [sub], Goldman Sachs says GM will end the year with $12.5 billion in cash, and will need at least $22b in government money to survive. Goldman is suspending GM&#8217;s rating, putting the automaker on a &#8220;wait-and-see&#8221; basis until further bailout details emerge. Meanwhile, JP Morgan cut its [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/wall-street-waiting-watching-for-necessary-gm-bailout/feed/</wfw:commentRss>
		</item>
		<item>
		<title>DetN Reveals Ford&#8217;s Not-So-Secret Secret Plan For Survival</title>
		<link>http://www.thetruthaboutcars.com/detn-reveals-fords-not-so-secret-secret-plan-for-survival/</link>
		<comments>http://www.thetruthaboutcars.com/detn-reveals-fords-not-so-secret-secret-plan-for-survival/#comments</comments>
		<pubDate>Thu, 13 Nov 2008 14:18:54 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=149172</guid>
		<description><![CDATA[Build cars people want to buy and sell them at a profit. There. Now you know. Didn&#8217;t quite catch that? &#8220;We&#8217;re only going to be in business if we create products that people really do want and value,&#8221; [Ford CEO Alan] Mulally told The Detroit News in an exclusive interview Tuesday. &#8220;This is the essence [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/detn-reveals-fords-not-so-secret-secret-plan-for-survival/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Autoextremist Hates TTAC&#8211; With a Vengeance!</title>
		<link>http://www.thetruthaboutcars.com/autoextremist-hates-ttac-with-a-vengeance/</link>
		<comments>http://www.thetruthaboutcars.com/autoextremist-hates-ttac-with-a-vengeance/#comments</comments>
		<pubDate>Wed, 12 Nov 2008 21:26:40 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=148582</guid>
		<description><![CDATA[Walt Disney&#8217;s deathbed request to his brother Roy: don&#8217;t change my plans for the Experimental Prototype Community of Tomorrow (EPCOT). Walt spent his final cancer-fighting years planning EPCOT&#8217;s every detail, from housing to commuting to garbage collection. When Walt was cold in his grave, Roy did the sensible thing. He tore-up Walt&#8217;s work and built [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/autoextremist-hates-ttac-with-a-vengeance/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM&#8217;s 10Q Filing</title>
		<link>http://www.thetruthaboutcars.com/gms-10q-filing/</link>
		<comments>http://www.thetruthaboutcars.com/gms-10q-filing/#comments</comments>
		<pubDate>Wed, 12 Nov 2008 12:02:13 +0000</pubDate>
		<dc:creator>Ken Elias</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=146952</guid>
		<description><![CDATA[Here’s the money shot from GM&#8217;s quarterly filing with the SEC:
&#8220;In connection with their year-end audit of our annual financial statements, our independent auditors assess whether a statement should be included in their audit report related to the existence of substantial doubt related to our ability to continue as a going concern. If the report [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gms-10q-filing/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Sign of the Times: Ford Leases PAG Headquarters to Taco Bell</title>
		<link>http://www.thetruthaboutcars.com/sign-of-the-times-ford-leases-pag-headquarters-to-taco-bell/</link>
		<comments>http://www.thetruthaboutcars.com/sign-of-the-times-ford-leases-pag-headquarters-to-taco-bell/#comments</comments>
		<pubDate>Wed, 12 Nov 2008 01:31:19 +0000</pubDate>
		<dc:creator>Jonny Lieberman</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=146851</guid>
		<description><![CDATA[Think you got it rough?  Well, what if you built a sleek, energy efficient  181,000 square foot corporate headquarters for $68m and seven years later  you had to lease it to Taco Bell for ten years? More specifically FoMoCo leased  their former Premier Automotive Group (PAG) headquarters to Yum Brands, Inc., of  [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/sign-of-the-times-ford-leases-pag-headquarters-to-taco-bell/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Wild Ass Rumor of the Day: Ford Stops Advertising in the UK</title>
		<link>http://www.thetruthaboutcars.com/ford-out-of-cash-by-may/</link>
		<comments>http://www.thetruthaboutcars.com/ford-out-of-cash-by-may/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 18:00:03 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<category><![CDATA[UK]]></category>

		<category><![CDATA[Wild Ass Rumor of the Day]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=146161</guid>
		<description><![CDATA[Autocar slips this little nugget in an alarming alarmist story that Ford will run out of cash by May: &#8220;Ford has already pulled all of its UK advertising across all mediums until the end of the year.&#8221; I&#8217;m Googling like mad, but can&#8217;t find any corroboration. If true, this is some SERIOUS SHIT. Meanwhile, TTAC&#8217;s [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ford-out-of-cash-by-may/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM Announces Shadow Presence at LA Auto Show&#8211; But Not Alabama!</title>
		<link>http://www.thetruthaboutcars.com/gm-announces-shadow-presence-la-auto-show-but-not-alabama/</link>
		<comments>http://www.thetruthaboutcars.com/gm-announces-shadow-presence-la-auto-show-but-not-alabama/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 17:28:27 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=146031</guid>
		<description><![CDATA[You know how it is. You&#8217;re talking with someone in the autoblogosphere on Ye Olde iPhone and he says &#8220;You know, GM&#8217;s pulled out of the LA Auto Show.&#8221; So you click over to the GM media website to see if it&#8217;s true, and there it is in black and white: &#8220;Public Invited to Put [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-announces-shadow-presence-la-auto-show-but-not-alabama/feed/</wfw:commentRss>
		</item>
		<item>
		<title>The Mind Boggles</title>
		<link>http://www.thetruthaboutcars.com/the-mind-boggles/</link>
		<comments>http://www.thetruthaboutcars.com/the-mind-boggles/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 15:48:29 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=145901</guid>
		<description><![CDATA[DATE:                  November 10, 2008
TO:                     All GM Dealers
FROM:                 Mark LaNeve [GM's Marketing Maven]
SUBJECT:             November GM Business Update – IDL Broadcast
On Wednesday, November 12, 2008, we will air a special IDL broadcast for all GM dealers.  This broadcast will provide additional insights regarding last week’s GM Business Update.
]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/the-mind-boggles/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Saturn Vue PHEV Delay Delayed. Or Not.</title>
		<link>http://www.thetruthaboutcars.com/saturn-vue-phev-delay-delayed-or-not/</link>
		<comments>http://www.thetruthaboutcars.com/saturn-vue-phev-delay-delayed-or-not/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 15:32:00 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[New Cars]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=145831</guid>
		<description><![CDATA[Autobloggreen&#8217;s Sam Abuelsamid&#8217;s been talking to GM PR about his story re: the delayed debut of Saturn&#8217;s plug-in hybrid gas - electric Vue. (I could blog my blog of his blog, but why bother?) More accurately, GM PR&#8217;s been talking to Autobloggreen&#8217;s Sam Abuelsamid  re: the delayed debut of Saturn&#8217;s plug-in hybrid gas - [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/saturn-vue-phev-delay-delayed-or-not/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM: GMAC and Delphi May Go Bust. Ya Think?</title>
		<link>http://www.thetruthaboutcars.com/gm-gmac-and-delphi-may-go-bust/</link>
		<comments>http://www.thetruthaboutcars.com/gm-gmac-and-delphi-may-go-bust/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 02:51:48 +0000</pubDate>
		<dc:creator>John Horner</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=145311</guid>
		<description><![CDATA[The news that GMAC&#8217;s mortgage unit Residential  Capital (a.k.a. ResCap) might go belly-up (AP via Yahoo) is  shocking only because General Motors is the one saying it. What exactly was the  captive finance arm of an auto maker doing so heavily into the mortgage business  in the first place? Oh well, if [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-gmac-and-delphi-may-go-bust/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM CEO Rick Wagoner: &#8220;I Won&#8217;t Resign for Bailout Bucks&#8221;</title>
		<link>http://www.thetruthaboutcars.com/gm-ceo-rick-wagoner-i-wont-resign-for-bailout-bucks/</link>
		<comments>http://www.thetruthaboutcars.com/gm-ceo-rick-wagoner-i-wont-resign-for-bailout-bucks/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 22:40:57 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=145192</guid>
		<description><![CDATA[Well, well, GM CEO Rick Wagoner had a little chin wag with the boys over at Automotive News [AN, sub]. &#8220;General Motors CEO Rick Wagoner says GM&#8217;s financial distress is so dire that it must line up financial assistance from Washington before President-elect Barack Obama takes office in January. &#8216;This is an issue that needs [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-ceo-rick-wagoner-i-wont-resign-for-bailout-bucks/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Automotive News: Get Piggy</title>
		<link>http://www.thetruthaboutcars.com/automotive-news-get-piggy/</link>
		<comments>http://www.thetruthaboutcars.com/automotive-news-get-piggy/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 18:20:34 +0000</pubDate>
		<dc:creator>Michael Karesh</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=144852</guid>
		<description><![CDATA[Edward Lapham, executive editor of Automotive News, is so not a cheerleader anymore. In fact, the TTAC convert now reckons it&#8217;s going to be Lord of the Flies in Detroit. Lapham gathered this insight from an ex-GM exec who &#8220;has moved on to bigger and better things. Well, OK, at least better things. The exec [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/automotive-news-get-piggy/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Deutsche Bank Rates GM Shares at Zero</title>
		<link>http://www.thetruthaboutcars.com/gm-shares-rated-at-zero/</link>
		<comments>http://www.thetruthaboutcars.com/gm-shares-rated-at-zero/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 17:14:20 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=144662</guid>
		<description><![CDATA[&#8220;Shares of GM fell 23% to $3.34 in late-morning trading,&#8221; The Wall Street Journal reports. &#8220;After earlier hitting a 62-year low of $3.02, as analysts at both Barclays Capital and Deutsche Bank cut their target prices and investment ratings on the stock. Barclays now targets GM shares at $1, while Deutsche Bank slashed its target [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-shares-rated-at-zero/feed/</wfw:commentRss>
		</item>
		<item>
		<title>NYT Bemoans GM Retiree Health Care Cuts and Says Squat About CEO&#8217;s Millions</title>
		<link>http://www.thetruthaboutcars.com/nyt-bemoans-gm-retiree-health-care-cuts-and-says-squat-about-ceos-millions/</link>
		<comments>http://www.thetruthaboutcars.com/nyt-bemoans-gm-retiree-health-care-cuts-and-says-squat-about-ceos-millions/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 16:56:38 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=144591</guid>
		<description><![CDATA[TTAC has highlighted the inherent obscenity of GM CEO Rick Wagoner&#8217;s compensation for flying the artist formerly known as the world&#8217;s largest automaker straight into the ground. While Wagoner inherited enormous structural problems from his predecessors, he has done nothing to correct them. Throughout his administration he&#8217;s shown a startling lack of courage and foresight, [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/nyt-bemoans-gm-retiree-health-care-cuts-and-says-squat-about-ceos-millions/feed/</wfw:commentRss>
		</item>
		<item>
		<title>&#8220;Don&#8217;t Buy From a Dead Domestic&#8221; Tipping Point Looms</title>
		<link>http://www.thetruthaboutcars.com/dont-buy-from-a-dead-domestic-tipping-point-looms/</link>
		<comments>http://www.thetruthaboutcars.com/dont-buy-from-a-dead-domestic-tipping-point-looms/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 14:42:43 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=144251</guid>
		<description><![CDATA[
]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/dont-buy-from-a-dead-domestic-tipping-point-looms/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Other than the Chevy Volt, What IS GM Developing?</title>
		<link>http://www.thetruthaboutcars.com/other-than-the-chevy-volt-what-is-gm-developing/</link>
		<comments>http://www.thetruthaboutcars.com/other-than-the-chevy-volt-what-is-gm-developing/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 14:06:51 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=144202</guid>
		<description><![CDATA[Autobloggreen reports that the Saturn Vue plug-in hybrid vehicle (PHEV) is probably on ice. The wired Vue was due to become GM&#8217;s first&#8211; and pre-Chevy Volt&#8211; PHEV. Now, who knows? &#8220;During the General Motors third quarter earnings (or lack thereof) conference call on Friday, company executives discussed the vehicle introduction schedule for 2009 and 2010. [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/other-than-the-chevy-volt-what-is-gm-developing/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Barrons on GM: Oops! We Did it Again!</title>
		<link>http://www.thetruthaboutcars.com/barrons-on-gm-oops-we-did-it-again/</link>
		<comments>http://www.thetruthaboutcars.com/barrons-on-gm-oops-we-did-it-again/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 02:09:23 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=143862</guid>
		<description><![CDATA[Back in June, Barron&#8217;s advised [what conservative talk show host Bill O'Reilly creepily calls] &#8220;the folks&#8221; that GM shares could triple in value. Oh how we laughed! Well, surprise surprise surprise! Barron&#8217;s [sub] is now eating their words. &#8220;STAGGERING. THAT&#8217;S A FIT DESCRIPTION of the calamitous decline of auto markets in developed nations this year. [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/barrons-on-gm-oops-we-did-it-again/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Phelan is Insane: &#8220;Chrysler Looks for a New Buyer&#8221;</title>
		<link>http://www.thetruthaboutcars.com/phelan-is-insane-chrysler-looks-for-a-new-buyer/</link>
		<comments>http://www.thetruthaboutcars.com/phelan-is-insane-chrysler-looks-for-a-new-buyer/#comments</comments>
		<pubDate>Sun, 09 Nov 2008 16:50:16 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[Media]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=143411</guid>
		<description><![CDATA[We&#8217;ve already put Detroit Free Press writer Mark Phelan through the Cassandra-o-meter&#8211; and found his logic more than slightly wanting. Today&#8217;s column reveals that Phelan&#8217;s cluelessness runs deep. Contemplating the collapse of the GM - Chrysler merger, Phelan says &#8220;Finding a foreign buyer to provide advanced engineering for sophisticated small  vehicles in exchange for [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/phelan-is-insane-chrysler-looks-for-a-new-buyer/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM: No Chrysler Merger</title>
		<link>http://www.thetruthaboutcars.com/gm-no-chrysler-merger/</link>
		<comments>http://www.thetruthaboutcars.com/gm-no-chrysler-merger/#comments</comments>
		<pubDate>Fri, 07 Nov 2008 19:00:01 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=142441</guid>
		<description><![CDATA[Slipped that one in, eh? The official statement, via The Detroit News: &#8220;GM has recently explored the possibility of a strategic acquisition that it believed would generate significant cost reduction synergies and substantially strengthen GM&#8217;s financial position in the medium and long term, while being neutral or modestly positive to cash flow even in the [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-no-chrysler-merger/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM Books $4.2b Net Loss in Q3; Bankrupt By December</title>
		<link>http://www.thetruthaboutcars.com/gm-books-42b-net-loss-in-q3-bankrupt-by-decembe/</link>
		<comments>http://www.thetruthaboutcars.com/gm-books-42b-net-loss-in-q3-bankrupt-by-decembe/#comments</comments>
		<pubDate>Fri, 07 Nov 2008 16:22:23 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=142152</guid>
		<description><![CDATA[The Wall Street Journal reports GM&#8217;s statement on its dismal Q3 results. The General&#8217;s general admits that &#8220;estimated liquidity during the remainder of 2008 will approach the minimum amount necessary to operate its business.&#8221; So, essentially, unless GM gets a federal bailout by 12/31/08, the artist formerly known as the world&#8217;s largest automaker will be [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-books-42b-net-loss-in-q3-bankrupt-by-decembe/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ford Posts $3b Q3 Aftertax Operating Loss , Burns $7.7b in Cash; Cuts Jobs and Ads</title>
		<link>http://www.thetruthaboutcars.com/ford-loses-129m-in-q3-burns-77b-in-cash/</link>
		<comments>http://www.thetruthaboutcars.com/ford-loses-129m-in-q3-burns-77b-in-cash/#comments</comments>
		<pubDate>Fri, 07 Nov 2008 12:55:37 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=141902</guid>
		<description><![CDATA[Smaller loss, bigger burn. Relative to last year, The Blue Oval Boyz narrowed their Q3 losses from $380m to $129m. But the cash burn is, as expected, intense. The Detroit Free Press tells the tale. &#8220;The automaker’s cash reserves dropped from $26.6 billion at the end of the second quarter to $18.9 billion at the [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ford-loses-129m-in-q3-burns-77b-in-cash/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ford Workers: Hell No, We Won&#8217;t Go</title>
		<link>http://www.thetruthaboutcars.com/ford-workers-hell-no-we-wont-go/</link>
		<comments>http://www.thetruthaboutcars.com/ford-workers-hell-no-we-wont-go/#comments</comments>
		<pubDate>Thu, 06 Nov 2008 14:07:01 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<category><![CDATA[Union News]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=141092</guid>
		<description><![CDATA[The Detroit Free Press claims to have access to the results of Ford&#8217;s most recent buyout program, designed to downsize the ailing automaker, and they ain&#8217;t good. &#8220;Despite an aggressive [and expensive] campaign by Ford Motor Co. to get more autoworkers to leave the company through a voluntary job buyout program, fewer than 3,000 of [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ford-workers-hell-no-we-wont-go/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM Set To Announce &#8220;Important Changes to our Business&#8221;</title>
		<link>http://www.thetruthaboutcars.com/gm-set-to-announce-important-changes-to-our-business/</link>
		<comments>http://www.thetruthaboutcars.com/gm-set-to-announce-important-changes-to-our-business/#comments</comments>
		<pubDate>Wed, 05 Nov 2008 16:29:55 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=140122</guid>
		<description><![CDATA[TTAC has intercepted a memo from GM PR Spinmeister-in-Chief Steve Harris to the troops. [Full text of missive after the jump.] In the message, Harris advises GM employees to tune-in to the internal TV channel for an announcement from GM CEO Rick Wagoner and COO Fritz Henderson (former CFO and Harvard MBAs both) that will [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-set-to-announce-important-changes-to-our-business/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GMAC Posts $2.52b Q3 Loss, Predicts ResCap C11</title>
		<link>http://www.thetruthaboutcars.com/gmac-posts-252b-q3-loss/</link>
		<comments>http://www.thetruthaboutcars.com/gmac-posts-252b-q3-loss/#comments</comments>
		<pubDate>Wed, 05 Nov 2008 13:35:44 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=139631</guid>
		<description><![CDATA[Initially, GM CEO Rick Wagoner&#8217;s sale of 51 percent of The General&#8217;s captive finance unit to Cerberus Financial (Chrysler&#8217;s new owners) seemed like a well-timed stroke of luck. Anyone paying close attention (i.e. reading this site) would have realized that Red Ink Rick was simply throwing GM&#8217;s furniture into the cash conflagration consuming the company; [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gmac-posts-252b-q3-loss/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Chrysler Has a Plan! Federal Tax Deductions for Car Loan Payment Interest</title>
		<link>http://www.thetruthaboutcars.com/chrysler-has-a-plan-federal-tax-deductions-for-car-loan-payments/</link>
		<comments>http://www.thetruthaboutcars.com/chrysler-has-a-plan-federal-tax-deductions-for-car-loan-payments/#comments</comments>
		<pubDate>Tue, 04 Nov 2008 17:26:46 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=139121</guid>
		<description><![CDATA[You might say that this plan&#8211; getting Uncle Sam to subsidize new car payments&#8211; is a warm-up for the main event: the big ass bailout. And you&#8217;d be both wrong and right. Right, because Detroit is using all the political leverage it can muster to extract whatever drops of sustenance it can secure from the [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/chrysler-has-a-plan-federal-tax-deductions-for-car-loan-payments/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Uh-Oh, The Prequel</title>
		<link>http://www.thetruthaboutcars.com/uh-oh-the-prequel/</link>
		<comments>http://www.thetruthaboutcars.com/uh-oh-the-prequel/#comments</comments>
		<pubDate>Tue, 04 Nov 2008 16:03:53 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=139022</guid>
		<description><![CDATA[&#8220;GMAC Financial Services has scheduled the release of its 2008 third quarter  financial results for Wednesday, Nov. 5, 2008. The press release, including  financial highlights, will be issued at 8 a.m. EST via PR Newswire and the GMAC  Financial Services media Web site (media.gmacfs.com) and the Residential  Capital, LLC (ResCap) news [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/uh-oh-the-prequel/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Uh-oh</title>
		<link>http://www.thetruthaboutcars.com/uh-oh/</link>
		<comments>http://www.thetruthaboutcars.com/uh-oh/#comments</comments>
		<pubDate>Tue, 04 Nov 2008 14:30:23 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=138801</guid>
		<description><![CDATA[General Motors Corp. (NYSE: GM) plans to release its third quarter 2008 financial results on Friday, November 7, 2008 at 10:30 a.m. ET via PR Newswire and GM Media Online (http://media.gm.com).
In addition, GM Executive Vice President and Chief Financial Officer Ray G. Young will host a conference call at 12:15 p.m. ET. The call will [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/uh-oh/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Chrysler CEO Bob Nardelli: This is Not a Drill</title>
		<link>http://www.thetruthaboutcars.com/chyrsler-ceo-bob-nardelli-were-so-ready-for-this/</link>
		<comments>http://www.thetruthaboutcars.com/chyrsler-ceo-bob-nardelli-were-so-ready-for-this/#comments</comments>
		<pubDate>Tue, 04 Nov 2008 12:41:42 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=138582</guid>
		<description><![CDATA[Chrysler&#8217;s CEO Bob Nardelli wants his troops to know that he made ChyrCo&#8217;s cutbacks to batten down the hatches for the current downturn. As opposed to, say, a pre-flip strip. &#8220;The difficult actions we have taken in the past, and those that we have just  announced, are for one purpose and one purpose only: [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/chyrsler-ceo-bob-nardelli-were-so-ready-for-this/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Chrysler October Sales Crater by 35%</title>
		<link>http://www.thetruthaboutcars.com/chrysler-down-35/</link>
		<comments>http://www.thetruthaboutcars.com/chrysler-down-35/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 23:47:28 +0000</pubDate>
		<dc:creator>Richard Chen</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<category><![CDATA[Sales]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=138252</guid>
		<description><![CDATA[It&#8217;s the same story for Chrysler: another month, another sad sales chart. Saying that, this month was a little different. Unlike many other carmakers, percentagewise, car  sales were down (37 percent) more than truck sales (34 percent).  Bright spots: a few extra  Vipers (87) and discontinued Crossfires (253) bumped sales numbers up to [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/chrysler-down-35/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Cassandra Watch: Mark Phelan Edition</title>
		<link>http://www.thetruthaboutcars.com/cassandra-watch-mark-phelan-edition/</link>
		<comments>http://www.thetruthaboutcars.com/cassandra-watch-mark-phelan-edition/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 18:31:44 +0000</pubDate>
		<dc:creator>Edward Niedermeyer</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Media]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=137792</guid>
		<description><![CDATA[With the proposed GM-Chrysler merger effectively off the table, automotive  colmunists are slowly returning to the task of facing reality. Needless to  say, they don&#8217;t like what they see. Though Mark Phelan may smell the smoke on the  breeze as well as the next Detroit cheerleader, he obviously still figures a  [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/cassandra-watch-mark-phelan-edition/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM: $2k Off Everything via &#8220;Garage Mate&#8221; Coupon Program</title>
		<link>http://www.thetruthaboutcars.com/gm-2k-off-everything-via-garage-mate-coupon-program/</link>
		<comments>http://www.thetruthaboutcars.com/gm-2k-off-everything-via-garage-mate-coupon-program/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 15:20:26 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<category><![CDATA[Sales]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=137212</guid>
		<description><![CDATA[Our guys on the front line tell us that GM has just launched a nationwide coupon program called &#8220;Garage Mate.&#8221; The General has mailed an unspecified number of consumers a $2k-off coupon good for every 2008 AND 2009 vehicle The General sells (including the Pontiac G8). The two grand is on top of any and [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-2k-off-everything-via-garage-mate-coupon-program/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM NA Q3 Sales Down 18.9%</title>
		<link>http://www.thetruthaboutcars.com/gm-na-q3-sales-down-by-189/</link>
		<comments>http://www.thetruthaboutcars.com/gm-na-q3-sales-down-by-189/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 14:46:16 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<category><![CDATA[Sales]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=137091</guid>
		<description><![CDATA[From GM PR: &#8220;Record-setting sales performance in GM&#8217;s Latin America, Africa and Middle East and Asia Pacific regions during the third quarter of 2008 helped General Motors sell more than 2.1 million vehicles globally during the third quarter 2008. Compared with the third quarter of 2007, GM&#8217;s total sales were down 11.4 percent, reflecting continuing [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-na-q3-sales-down-by-189/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM $3b to $6b Away from Collapse; C11 by January. Or Sooner.</title>
		<link>http://www.thetruthaboutcars.com/an-gm-3b-to-6b-away-from-collapse/</link>
		<comments>http://www.thetruthaboutcars.com/an-gm-3b-to-6b-away-from-collapse/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 14:03:17 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=136722</guid>
		<description><![CDATA[I was wondering why this morning&#8217;s Automotive News [sub] was revisiting the story on GM&#8217;s product development cutback. True: it was THE story of last week. And the new quote from analytical superstar John Casesa is pregnant with foreboding. &#8220;It&#8217;s really the last resort and underscores how dire the liquidity situation has become.&#8221; And now, [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/an-gm-3b-to-6b-away-from-collapse/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ford Trucks It Up. Again. But Small Cars Still Rock</title>
		<link>http://www.thetruthaboutcars.com/ford-trucks-it-up-again-but-small-cars-still-rock/</link>
		<comments>http://www.thetruthaboutcars.com/ford-trucks-it-up-again-but-small-cars-still-rock/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 13:11:50 +0000</pubDate>
		<dc:creator>John Horner</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[New Cars]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=136872</guid>
		<description><![CDATA[Is the F150 a Phoenix rising from the ashes or  an Icarus once again flying too close to the sun? The Wall Street Journal tell us Ford is betting on a revival of the living  dead by &#8221;rehiring 1,000 workers to build the company&#8217;s 2009 F-150 pickup&#8221; at the  long suffering Dearborn Truck plant. Perhaps [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ford-trucks-it-up-again-but-small-cars-still-rock/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Why Are There No 2009 Models on the Saab and GMC Websites?</title>
		<link>http://www.thetruthaboutcars.com/why-are-there-no-2009-models-on-the-saab-and-gmc-websites/</link>
		<comments>http://www.thetruthaboutcars.com/why-are-there-no-2009-models-on-the-saab-and-gmc-websites/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 02:53:24 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=136632</guid>
		<description><![CDATA[
]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/why-are-there-no-2009-models-on-the-saab-and-gmc-websites/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Newsweek Puts Chrysler Over the Tipping Point. Almost.</title>
		<link>http://www.thetruthaboutcars.com/newsweek-puts-chrysler-over-the-tipping-point-almost/</link>
		<comments>http://www.thetruthaboutcars.com/newsweek-puts-chrysler-over-the-tipping-point-almost/#comments</comments>
		<pubDate>Sat, 01 Nov 2008 13:15:09 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=135701</guid>
		<description><![CDATA[In a &#8220;web exclusive,&#8221; Newsweek scribe Keith Naughton pens a post-mortem on ChryCo that could have been lifted whole from these very e-pages, right down to the headline (&#8221;Chrysler R.I.P&#8220;). Former ChryCo CEO Lee Iaccoca&#8217;s refusal to talk about his ex-employer&#8217;s looming extinction due to melancholy, apparently, is pretty much the only factoid of interest [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/newsweek-puts-chrysler-over-the-tipping-point-almost/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ford: No, After YOU</title>
		<link>http://www.thetruthaboutcars.com/ford-no-after-you/</link>
		<comments>http://www.thetruthaboutcars.com/ford-no-after-you/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 22:30:48 +0000</pubDate>
		<dc:creator>Edward Niedermeyer</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=135471</guid>
		<description><![CDATA[Remember when the rumor dujour was a Ford GM hook-up? That  didn&#8217;t last long, thanks to Fords deep lack of interest. But as the LA  Times points out, rejecting GM&#8217;s advances was just step one in Ford&#8217;s  survival scheme. In fact, Ford is letting GM take the lead on bailout  beg-a-thons, [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ford-no-after-you/feed/</wfw:commentRss>
		</item>
		<item>
		<title>If the Merger Lives, Chrysler Dies; If the Merger Dies, Chrysler Dies</title>
		<link>http://www.thetruthaboutcars.com/if-the-merger-lives-chrysler-dies-if-the-merger-dies-chrysler-dies/</link>
		<comments>http://www.thetruthaboutcars.com/if-the-merger-lives-chrysler-dies-if-the-merger-dies-chrysler-dies/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 22:25:01 +0000</pubDate>
		<dc:creator>Edward Niedermeyer</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=135441</guid>
		<description><![CDATA[Automotive News [sub] has the latest in a stream of consultant reports on the on-again-off-again merger between Chrysler and GM. And things do not look good for Chrysler (duh). Remember back when we got all riled about the projected 70k job losses? The report from Grant Thornton LLP says we can actually expect between 100k [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/if-the-merger-lives-chrysler-dies-if-the-merger-dies-chrysler-dies/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Wild Ass Rumor of the Day: Chrysler to Crush Hybrid SUVs</title>
		<link>http://www.thetruthaboutcars.com/wild-ass-rumor-of-the-day-chrysler-to-crush-hybrid-suvs/</link>
		<comments>http://www.thetruthaboutcars.com/wild-ass-rumor-of-the-day-chrysler-to-crush-hybrid-suvs/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 18:48:36 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=135372</guid>
		<description><![CDATA[You may recall that Chrysler shut down the factory producing Hemi Hybrid Dodge Durangos and Chyrsler Aspens&#8211; despite ChyrCo spinmeister Scott Brown&#8217;s absurd contention that they had plenty of orders for same.  Wee a GM hybrid guy talking to a Chryco hybrid guy told one of our guys that the ailing (as in zombie) American [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/wild-ass-rumor-of-the-day-chrysler-to-crush-hybrid-suvs/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Production Flexibility is the Key To Automakers&#8217; Survival (Oh So NOW You Tell Me)</title>
		<link>http://www.thetruthaboutcars.com/production-flexibility-is-the-key-to-automakers-survival-oh-so-now-you-tell-me/</link>
		<comments>http://www.thetruthaboutcars.com/production-flexibility-is-the-key-to-automakers-survival-oh-so-now-you-tell-me/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 18:27:10 +0000</pubDate>
		<dc:creator>Edward Niedermeyer</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Industry]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=135351</guid>
		<description><![CDATA[Production maven Laurie Harbour-Flex has a guest column in Automotive News [sub]  that could easily run as a Deathwatch editorial on any of The Big 2.8. Describing the tough conditions that  automakers find themselves in, Harbour-Flex argues that flexible production  lines will be key in determining who survives and who doesn&#8217;t. As [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/production-flexibility-is-the-key-to-automakers-survival-oh-so-now-you-tell-me/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GMAC Runs Out of Gas</title>
		<link>http://www.thetruthaboutcars.com/gmac-out-of-gas/</link>
		<comments>http://www.thetruthaboutcars.com/gmac-out-of-gas/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 16:07:14 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=135002</guid>
		<description><![CDATA[Bloomberg reports that GMAC has sent &#8220;Dear John&#8221; letters to an unspecified number of GM dealers. One of the missives informs GM stores that the captive financier will no longer provide them with financing to buy vehicles. &#8220;Turbulence in the markets reduced our access to funds and increased the cost of funds where available,&#8221; GMAC [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gmac-out-of-gas/feed/</wfw:commentRss>
		</item>
		<item>
		<title>U.S. Treasury Department Torpedos GM - Chrysler Merger</title>
		<link>http://www.thetruthaboutcars.com/us-treasury-department-torpedos-gm-chrysler-merger/</link>
		<comments>http://www.thetruthaboutcars.com/us-treasury-department-torpedos-gm-chrysler-merger/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 11:28:49 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=134371</guid>
		<description><![CDATA[&#8220;Earlier this week, industry sources said GM had asked for roughly $10 billion in an unprecedented government rescue package to support its acquisition of Chrysler from Cerberus Capital Management LP,&#8221; Automotive News [sub] reports. Today, we learn that &#8220;The U.S. Treasury Department is not negotiating with General Motors and the owners of Chrysler LLC on [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/us-treasury-department-torpedos-gm-chrysler-merger/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Cassandra Watch: Patrick Anderson Edition</title>
		<link>http://www.thetruthaboutcars.com/cassandra-watch-patrick-anderson-edition/</link>
		<comments>http://www.thetruthaboutcars.com/cassandra-watch-patrick-anderson-edition/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 17:58:45 +0000</pubDate>
		<dc:creator>Edward Niedermeyer</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=133891</guid>
		<description><![CDATA[
Another day, another Cassandra-come-lately. Today we hear from Patrick Anderson, CEO of the Anderson Economic Group, who tells the Detroit News that the automotive market cannot support three Detroit car companies. &#8220;2008 marks the year when it became apparent to everyone that (providing products at a loss to maintain market share and keep plants at [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/cassandra-watch-patrick-anderson-edition/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Does MDEC Meeting Mean that American Leyland is a Done Deal?</title>
		<link>http://www.thetruthaboutcars.com/mdec-american-leyland-is-a-done-deal/</link>
		<comments>http://www.thetruthaboutcars.com/mdec-american-leyland-is-a-done-deal/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 16:06:13 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=133602</guid>
		<description><![CDATA[A TTAC reader has emailed us a heads-up that the Michigan Economic Development Council (MDEC) has called an emergency meeting to prepare for the fallout from a GM - Chrysler merger. Warren, Michigan mayor James R. Fouts will chair the confab. Although Fouts is the only human on planet earth that&#8217;s more dour-looking than Alan [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/mdec-american-leyland-is-a-done-deal/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM R*Works Headed for Extinction?</title>
		<link>http://www.thetruthaboutcars.com/gm-rworks-headed-for-extinction/</link>
		<comments>http://www.thetruthaboutcars.com/gm-rworks-headed-for-extinction/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 12:37:41 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=133142</guid>
		<description><![CDATA[While the mainstream media focuses on the effects of Detroit&#8217;s downsizing (a.k.a. spectacular tumble into the abyss) on blue collar jobs, let it not be forgotten that tens of thousands of non-union white collar workers are already looking at a bleak Christmas season, with tens of thousands more realizing that this will be their last [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-rworks-headed-for-extinction/feed/</wfw:commentRss>
		</item>
		<item>
		<title>S&#038;P: GM - Chrysler Merger Headed for &#8220;Strategic Bankruptcy&#8221;</title>
		<link>http://www.thetruthaboutcars.com/sp-gm-chrysler-merger-headed-for-strategic-bankruptcy/</link>
		<comments>http://www.thetruthaboutcars.com/sp-gm-chrysler-merger-headed-for-strategic-bankruptcy/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 11:35:31 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=133062</guid>
		<description><![CDATA[&#8220;We do not view the potential for any eventual transaction involving GM and  Chrysler even in combination with government support, as a panacea for these  companies&#8217; credit concerns,&#8221; S&#38;P analyst Robert Schulz said  in a statement [via CNNMoney]. That&#8217;s a bottomless cup of not good. Hence Standard &#38; Poor&#8217;s Ratings Service is [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/sp-gm-chrysler-merger-headed-for-strategic-bankruptcy/feed/</wfw:commentRss>
		</item>
		<item>
		<title>AutoExtremist: Tax The Bastards</title>
		<link>http://www.thetruthaboutcars.com/autoextremist-tax-the-bastards/</link>
		<comments>http://www.thetruthaboutcars.com/autoextremist-tax-the-bastards/#comments</comments>
		<pubDate>Wed, 29 Oct 2008 13:06:29 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Media]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=131051</guid>
		<description><![CDATA[Now that self-styled AutoExtremist has acknowledged that his hometown heroes have screwed the proverbial pooch, Peter DeLorenzo wants the left and right coast elites to know they can&#8217;t afford to let Motown take a dirt nap. Rant #469 (my favorite title so far) makes it clear that the American automobile industry IS Detroit, and Detroit [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/autoextremist-tax-the-bastards/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ford CEO Alan Mulally: &#8220;Bankruptcy is Not an Option&#8221;</title>
		<link>http://www.thetruthaboutcars.com/ford-ceo-alan-mulally-bankruptcy-is-not-an-option/</link>
		<comments>http://www.thetruthaboutcars.com/ford-ceo-alan-mulally-bankruptcy-is-not-an-option/#comments</comments>
		<pubDate>Wed, 29 Oct 2008 12:35:47 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=130991</guid>
		<description><![CDATA[OK, that&#8217;s scary. While we fully expect Ford to be Detroit&#8217;s last man standing, those are the exact same words uttered by the man who&#8217;s been busy ramming GM into an iceberg&#8211; repeatedly. Well, at least FoMoCo CEO Alan Mulally acknowledged the competition. &#8220;People aren&#8217;t going to buy cars from bankrupt companies when they have [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ford-ceo-alan-mulally-bankruptcy-is-not-an-option/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Stick a Fork In It; GM Delays&#8230; Everything</title>
		<link>http://www.thetruthaboutcars.com/stick-a-fork-in-it-gm-delays-everything/</link>
		<comments>http://www.thetruthaboutcars.com/stick-a-fork-in-it-gm-delays-everything/#comments</comments>
		<pubDate>Wed, 29 Oct 2008 12:04:38 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=130901</guid>
		<description><![CDATA[Well you kinda knew GM was pulling the plug on its cap ex (capital expenditure) when they announced the Chevrolet Cruze would be delayed a year (to 2013). The Cruze was supposed to be The General&#8217;s next big small thing. The great wheeled hope. The economy car that would put GM back in the non-SUV [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/stick-a-fork-in-it-gm-delays-everything/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Cassandra Watch: The Lights Are On But No One&#8217;s Home at DetN&#8217;s Howes</title>
		<link>http://www.thetruthaboutcars.com/cassandra-watch-the-lights-are-on-but-no-ones-home-at-detns-howes/</link>
		<comments>http://www.thetruthaboutcars.com/cassandra-watch-the-lights-are-on-but-no-ones-home-at-detns-howes/#comments</comments>
		<pubDate>Tue, 28 Oct 2008 14:40:16 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Media]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=129311</guid>
		<description><![CDATA[We&#8217;ve already covered Detroit News columnist Daniel Howes&#8217; Road to Damascus moment, when the hometown paper&#8217;s seriously smart scribe finally acknowledged that the domestics are going down. But Danny&#8217;s latest column indicates a bit of backsliding. &#8220;Fed help for GM merits tough terms&#8221; promises guidelines to protect taxpayer&#8217;s interests. You know something along the lines [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/cassandra-watch-the-lights-are-on-but-no-ones-home-at-detns-howes/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Moody’s Downgrades Chrysler Even Deeper Into Junk</title>
		<link>http://www.thetruthaboutcars.com/moody%e2%80%99s-downgrades-chrysler-even-deeper-into-junk/</link>
		<comments>http://www.thetruthaboutcars.com/moody%e2%80%99s-downgrades-chrysler-even-deeper-into-junk/#comments</comments>
		<pubDate>Tue, 28 Oct 2008 12:48:42 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=129101</guid>
		<description><![CDATA[As Moody&#8217;s has downgraded GM and GMAC to Caa2, it only makes sense that the ratings agency has assigned potential &#8220;partner&#8221; Chrysler and Chrysler Financial the exact same rating. MarketWatch reports that the ChryCo Bros. are now at Caa2. Folks, Caa2 is the third circle of junk credit Hell, only a blink away from the [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/moody%e2%80%99s-downgrades-chrysler-even-deeper-into-junk/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Bailout Watch 128: GM Asks Feds for $10b for Chrysler Merger</title>
		<link>http://www.thetruthaboutcars.com/gm-asks-feds-for-10b-for-chrysler-merger/</link>
		<comments>http://www.thetruthaboutcars.com/gm-asks-feds-for-10b-for-chrysler-merger/#comments</comments>
		<pubDate>Tue, 28 Oct 2008 11:33:24 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Bailout Watch]]></category>

		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=128881</guid>
		<description><![CDATA[Down the rabbit hole our tax money goes, as a &#8220;merger&#8221; has become a &#8220;rescue.&#8221; Reuters reports General Motors and Cerberus Capital Management have asked the U.S.  government for roughly $10b in an &#8220;unprecedented rescue package&#8221; to support  a merger between GM and Chrysler, according to &#8220;two sources with direct knowledge of the [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-asks-feds-for-10b-for-chrysler-merger/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Mark LaNeve: GM To Launch Toe Tag Sale Early</title>
		<link>http://www.thetruthaboutcars.com/gm-marketing-maven-laneve-gm-to-launch-toe-tag-sale-early/</link>
		<comments>http://www.thetruthaboutcars.com/gm-marketing-maven-laneve-gm-to-launch-toe-tag-sale-early/#comments</comments>
		<pubDate>Tue, 28 Oct 2008 02:17:57 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Marketing]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=128561</guid>
		<description><![CDATA[News flash! Automotive News [AN sub] finally talks to someone on the record! And it&#8217;s no less a personage than GM Marketing Maven Mark LaNeve, the man in charge of managing The General&#8217;s declining ad budget. To celebrate the occasion, AN&#8217;s crack reporters resort to the lazy journalist&#8217;s best friend: Q &#38; A. The resulting [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-marketing-maven-laneve-gm-to-launch-toe-tag-sale-early/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Moody&#8217;s Downgrades GM Even Deeper Into Junk</title>
		<link>http://www.thetruthaboutcars.com/moodys-downgrades-gm-even-deeper-into-junk/</link>
		<comments>http://www.thetruthaboutcars.com/moodys-downgrades-gm-even-deeper-into-junk/#comments</comments>
		<pubDate>Mon, 27 Oct 2008 20:47:27 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=127681</guid>
		<description><![CDATA[Not far to go now. MarketWatch reports that &#8220;General Motors Corp.&#8217;s creditworthiness came under fire yet again on Monday, with Moody&#8217;s Investors Service slashing its debt even deeper into junk territory at Caa2, three rungs above the lowest possible rating.&#8221; Ready for some carefully-couched euphemistic double talk? You know you want it. &#8220;Moody&#8217;s cited its [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/moodys-downgrades-gm-even-deeper-into-junk/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Toyota May Take No. 1 U.S. Sales Slot from GM</title>
		<link>http://www.thetruthaboutcars.com/another-watershed-toyota-could-take-no-1-sales-us-slot-from-gm/</link>
		<comments>http://www.thetruthaboutcars.com/another-watershed-toyota-could-take-no-1-sales-us-slot-from-gm/#comments</comments>
		<pubDate>Mon, 27 Oct 2008 19:43:11 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=127341</guid>
		<description><![CDATA[Toyota outsold GM globally last year. Of course, GM took the low road and claimed they were still number one by dint of their minority partnerships with Chinese automakers. This year, ToMoCo will lift the crown as the world&#8217;s largest automaker&#8211; joint ventures or no. Anyway, here in the real world, that gig&#8217;s been up [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/another-watershed-toyota-could-take-no-1-sales-us-slot-from-gm/feed/</wfw:commentRss>
		</item>
		<item>
		<title>TTAC Called It: Lutz Admits &#8220;Bankruptcy&#8221; is BOD&#8217;s Voldemort</title>
		<link>http://www.thetruthaboutcars.com/ttac-called-it-lutz-admits-bankruptcy-is-bods-voldemort/</link>
		<comments>http://www.thetruthaboutcars.com/ttac-called-it-lutz-admits-bankruptcy-is-bods-voldemort/#comments</comments>
		<pubDate>Mon, 27 Oct 2008 18:56:34 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=127151</guid>
		<description><![CDATA[As a website that started a General Motors Death Watch on April 3, 2005, and published its 208th episode this morning, TTAC is no stranger to the idea that GM has been heading for a Chapter 11 bankruptcy for quite some time. We&#8217;ve also reported that The General has refused to contemplate the possibility, nay, [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ttac-called-it-lutz-admits-bankruptcy-is-bods-voldemort/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM Car Czar Maximum Bob Lutz: No Hurry on Chrysler Merger</title>
		<link>http://www.thetruthaboutcars.com/gm-car-czar-maximum-bob-lutz-no-hurry-on-chrysler-merger/</link>
		<comments>http://www.thetruthaboutcars.com/gm-car-czar-maximum-bob-lutz-no-hurry-on-chrysler-merger/#comments</comments>
		<pubDate>Mon, 27 Oct 2008 15:53:03 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=126571</guid>
		<description><![CDATA[I agree. Merge in haste, repent at leisure. Or, as Maximum Bob puts it to The Detroit News, &#8220;There is no timeframe at all for having anything definitive.&#8221; This said following Lutz&#8217; speech at the &#8220;2008 Public Relations Society of America International Conference&#8221; at the Renaissance Center. The what? A PR conference? Oh, no spin [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-car-czar-maximum-bob-lutz-no-hurry-on-chrysler-merger/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Bailout Watch 123: GM Seeks Federal Bucks for Chrysler Merger</title>
		<link>http://www.thetruthaboutcars.com/bailout-watch-123-gm-seeks-federal-bucks-for-chrysler-merge/</link>
		<comments>http://www.thetruthaboutcars.com/bailout-watch-123-gm-seeks-federal-bucks-for-chrysler-merge/#comments</comments>
		<pubDate>Mon, 27 Oct 2008 13:19:00 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Bailout Watch]]></category>

		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=126211</guid>
		<description><![CDATA[As Ken Elias points out in his latest General Motors Death Watch, GM is asking the feds for money to fund their merger (now buyout?) plans for Chrysler. The Wall Street Journal [sub] tells the tale, highlight analyst Ron Lache&#8217;s &#8220;come to Jesus&#8221; moment re: the automakers&#8217; cash conflagration. &#8220;&#8221;Without external intervention, from consolidation or [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/bailout-watch-123-gm-seeks-federal-bucks-for-chrysler-merge/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ford to Sell Volvo to BMW. Or Not.</title>
		<link>http://www.thetruthaboutcars.com/ford-to-sell-volvo-to-bmw-or-not/</link>
		<comments>http://www.thetruthaboutcars.com/ford-to-sell-volvo-to-bmw-or-not/#comments</comments>
		<pubDate>Sun, 26 Oct 2008 19:28:08 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=125401</guid>
		<description><![CDATA[Forget End of Days. I reckon this is The Beginning of Speculation. The Sunday Times [UK] is pulling rank on the ranks of the autoblogosphere&#8217;s recent anonymous attribution afffliction, quoting &#8220;senior car-industry sources&#8221; for their &#8220;story&#8221; that FoMoCo is busy selling Volvo to BMW. &#8220;Sources close to Ford and BMW said yesterday that there had [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/ford-to-sell-volvo-to-bmw-or-not/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM on Cruze Control: New Small Chevy Delay Confirmed. Ish.</title>
		<link>http://www.thetruthaboutcars.com/gm-on-cruze-control-new-small-chevy-delay-confirmed-ish/</link>
		<comments>http://www.thetruthaboutcars.com/gm-on-cruze-control-new-small-chevy-delay-confirmed-ish/#comments</comments>
		<pubDate>Sun, 26 Oct 2008 02:15:27 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[New Cars]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=125161</guid>
		<description><![CDATA[Thoze of you who were wondering why Chevy would build both the Cobalt AND the new Cruze have stopped wondering by now. Last Thursday, Business Week speculated about cash conflagration-caused cuts to GM product development, including the possibile delay of the new new new Malibu and, perhaps, GM&#8217;s Next Small Thing, the Chevy Cruze. The [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-on-cruze-control-new-small-chevy-delay-confirmed-ish/feed/</wfw:commentRss>
		</item>
		<item>
		<title>NYT Defends GM: The Night of the Living Pom-Poms</title>
		<link>http://www.thetruthaboutcars.com/nyt-defends-gm-the-night-of-the-living-pom-poms/</link>
		<comments>http://www.thetruthaboutcars.com/nyt-defends-gm-the-night-of-the-living-pom-poms/#comments</comments>
		<pubDate>Sat, 25 Oct 2008 14:16:48 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Media]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=124421</guid>
		<description><![CDATA[We&#8217;ve identified NYT (and former Detroit News) scribe Bill Vlasic as a Motown cheerleader ever since ever. Bill&#8217;s not happy with that assessment. Can&#8217;t see it. Which is kind of strange. I mean, read this piece in The Times chronicling GM&#8217;s slide into bankruptcy and try and find one&#8211; one&#8211; instance where Vlasic takes CEO [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/nyt-defends-gm-the-night-of-the-living-pom-poms/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Chrysler Claims Multiple Bids for Viper</title>
		<link>http://www.thetruthaboutcars.com/chrysler-claims-multiple-bids-for-viper/</link>
		<comments>http://www.thetruthaboutcars.com/chrysler-claims-multiple-bids-for-viper/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 21:51:42 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=123761</guid>
		<description><![CDATA[Notice the word &#8220;claims.&#8221; You see, the thing is, TTAC starts off from a cynical perspective. And then we consider past history. For example, Chrysler. And Chrysler CEO Bob Nardelli. And Chrysler CEO Bob Nardelli&#8217;s claim that he was misquoted when he said that his [then new] employer was &#8220;operationally bankrupt.&#8221; Followed by the &#8220;news&#8221; [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/chrysler-claims-multiple-bids-for-viper/feed/</wfw:commentRss>
		</item>
		<item>
		<title>UAW Boss Ron Gettelfinger: I Spit on Your Buyouts!</title>
		<link>http://www.thetruthaboutcars.com/uaw-boss-ron-gettelfinger-i-spit-on-your-buyouts/</link>
		<comments>http://www.thetruthaboutcars.com/uaw-boss-ron-gettelfinger-i-spit-on-your-buyouts/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 20:40:39 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<category><![CDATA[Union News]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=123691</guid>
		<description><![CDATA[WTF, right? If I was a United Auto Workers worker looking at a pile of cash to piss off during these End of Days times, I&#8217;d grab it with both hands and get the Hell out of Dodge, Chrysler, Ford, GM, etc. But it seems UAW boss Ron Gettelfinger doesn&#8217;t think domestic automakers can bribe [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/uaw-boss-ron-gettelfinger-i-spit-on-your-buyouts/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Chrysler Terminates Aspen, Durango HEMI-Hybrids</title>
		<link>http://www.thetruthaboutcars.com/chrysler-terminates-aspen-duango-hybrids/</link>
		<comments>http://www.thetruthaboutcars.com/chrysler-terminates-aspen-duango-hybrids/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 20:23:23 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Hybrid]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=123621</guid>
		<description><![CDATA[I like Scott Brown. I spent six hours in Manhattan Motors&#8217; parking garage with the ChryCo PR guy, waiting for NFL assassin Warren Sapp to appear for a Celebrity Car photo shoot featuring a [then red hot] 300C and a Rolls Royce Phaeton (neither of which Warren owned, natch). But then I tend to like [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/chrysler-terminates-aspen-duango-hybrids/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM Shuts Off RenCen Escalators to Save Money</title>
		<link>http://www.thetruthaboutcars.com/gm-shuts-off-rencen-escalators-to-save-money/</link>
		<comments>http://www.thetruthaboutcars.com/gm-shuts-off-rencen-escalators-to-save-money/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 20:03:34 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=123601</guid>
		<description><![CDATA[To: 	All GM Renaissance Center Tenants and Marriott Hotel
From: 	John A. Cullen
Date: 	October 14, 2008
Re: 	GM Renaissance Center Escalators—Energy Conservation
In an effort to make the GM Renaissance Center more energy efficient, we will be shutting off the designated escalators beginning tonight and until further notice: 
Tower 100         [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-shuts-off-rencen-escalators-to-save-money/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM Puts Cadillac CTS Coupe, New Buick LaCrosse On Ice</title>
		<link>http://www.thetruthaboutcars.com/gm-puts-cts-coupe-new-lacrosse-on-ice/</link>
		<comments>http://www.thetruthaboutcars.com/gm-puts-cts-coupe-new-lacrosse-on-ice/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 19:52:26 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=123501</guid>
		<description><![CDATA[Deep Throat predicts, Reuters reports. Following our main man&#8217;s heads-up that GM&#8217;s lackluster products are in the firing line, the news agency reports that GM&#8217;s delaying &#8220;the unveiling of a new Buick LaCrosse model that it had planned to show at the Los Angeles auto show in November in part to reduce costs.&#8221; Also not [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gm-puts-cts-coupe-new-lacrosse-on-ice/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Sirius-XM Satellite Radio Faces Extinction</title>
		<link>http://www.thetruthaboutcars.com/sirius-xm-satellite-radio-faces-extinction/</link>
		<comments>http://www.thetruthaboutcars.com/sirius-xm-satellite-radio-faces-extinction/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 19:27:56 +0000</pubDate>
		<dc:creator>John Horner</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Media]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=123401</guid>
		<description><![CDATA[BusinessWeek reports that Sirius-XM may soon go away. &#8220;Sirius signed top talent-including Stern, Martha Stewart, and Oprah Winfrey-to draw in subscribers. But programming costs have triggered heavy losses.&#8221; The now-merged former competitors have been on a two-decade spending spree, paid for with Godzilla-sized credit cards. Putting a name to the pain, Sirius-XM&#8217;s looking at $1b [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/sirius-xm-satellite-radio-faces-extinction/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Cerberus on GM - Chrysler Merger: Bring Me The Head of G. Richard Wagoner</title>
		<link>http://www.thetruthaboutcars.com/cerberus-on-gm-chrysler-merger-bring-me-the-head-of-g-richard-wagoner/</link>
		<comments>http://www.thetruthaboutcars.com/cerberus-on-gm-chrysler-merger-bring-me-the-head-of-g-richard-wagoner/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 15:28:47 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[High Finance]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=123181</guid>
		<description><![CDATA[Get in line, bub. Still, it&#8217;s nice to see GM&#8217;s CEO not get credit where credit&#8217;s not deserved. The Wall Street Journal is the bearer of bad tidings for the Wagoner clan, delivering Red Ink Rick&#8217;s pink slip in the most public of manners. Yes, &#8220;people familiar with the matter&#8221; of the GM - Chrysler [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/cerberus-on-gm-chrysler-merger-bring-me-the-head-of-g-richard-wagoner/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Black Friday Begins: Chrysler Cuts 25% of White Collar Jobs [Text of Letter Below]</title>
		<link>http://www.thetruthaboutcars.com/black-friday-begins-chrysler-cuts-25-of-white-collar-jobs/</link>
		<comments>http://www.thetruthaboutcars.com/black-friday-begins-chrysler-cuts-25-of-white-collar-jobs/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 15:10:29 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=123101</guid>
		<description><![CDATA[The Wall Street Journal [sub] reports that there&#8217;s blood on the carpet in Auburn Hills, as ChyrCo CEO &#8220;Boot &#8216;Em Bob&#8221; Nardelli lives up to his TTAC nic. The announcement came in the form of a Dear John letter. &#8220;Chief Executive Robert Nardelli said the cuts are necessary because of the deep downturn in the [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/black-friday-begins-chrysler-cuts-25-of-white-collar-jobs/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Daimler Values Chrysler Stake at Zilch. Nothing. $0</title>
		<link>http://www.thetruthaboutcars.com/daimler-values-chrysler-at-zilch-nothing-0/</link>
		<comments>http://www.thetruthaboutcars.com/daimler-values-chrysler-at-zilch-nothing-0/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 14:44:22 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=123001</guid>
		<description><![CDATA[You may recall that Daimler maintained a minority share of Chrysler when it sold the American automaker to Cerberus. About a year ago, ChryCo&#8217;s German &#8220;partner&#8221; (and author of the abortive DaimlerChrysler &#8220;merger of equals&#8221;) valued its 19.9 percent Chrysler stake at $2.2b. At the end of June, the number slid to a scarecely creditable [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/daimler-values-chrysler-at-zilch-nothing-0/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GM&#8217;s Extreme Cost Cutting Makeover: Turn Out the Lights</title>
		<link>http://www.thetruthaboutcars.com/gms-extreme-cost-cutting-makeover-turn-out-the-lights/</link>
		<comments>http://www.thetruthaboutcars.com/gms-extreme-cost-cutting-makeover-turn-out-the-lights/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 14:03:13 +0000</pubDate>
		<dc:creator>John Horner</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=122881</guid>
		<description><![CDATA[BusinessWeek tells us that &#8220;cash is getting so tight at General Motors (GM) that management has launched another wave of cost-cutting. The company is even scrutinizing the electricity bills.&#8221; Just how much cost cutting is left to be done by these serial-cost-cutters? Yet more new vehicle programs are being delayed, with &#8220;sources&#8221; saying the Cruze [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/gms-extreme-cost-cutting-makeover-turn-out-the-lights/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Wild Ass Rumor of the Day: Buick Fires Tiger Woods (or Vice Versa)</title>
		<link>http://www.thetruthaboutcars.com/wild-ass-rumor-of-the-day-buick-fires-tiger-woods-or-vice-versa/</link>
		<comments>http://www.thetruthaboutcars.com/wild-ass-rumor-of-the-day-buick-fires-tiger-woods-or-vice-versa/#comments</comments>
		<pubDate>Thu, 23 Oct 2008 18:33:45 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[Marketing]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=121741</guid>
		<description><![CDATA[What&#8217;s up with The Detroit News? When it comes to partially or completely unattributed rumors surrounding the GM - Chrysler merger, there&#8217;s no source vague enough to warrant exclusion from their news pages. But when they&#8217;ve got a hold of a really juicy rumor, they get all coy on us. There&#8217;s no reason for &#8220;GM [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/wild-ass-rumor-of-the-day-buick-fires-tiger-woods-or-vice-versa/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Daimler: Chrysler Drops $772.5m in Q2</title>
		<link>http://www.thetruthaboutcars.com/daimler-chrysler-lost-7725-million-in-second-quarter/</link>
		<comments>http://www.thetruthaboutcars.com/daimler-chrysler-lost-7725-million-in-second-quarter/#comments</comments>
		<pubDate>Thu, 23 Oct 2008 14:51:12 +0000</pubDate>
		<dc:creator>Robert Farago</dc:creator>
		
		<category><![CDATA[Chapter 11]]></category>

		<category><![CDATA[News Blog]]></category>

		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=120971</guid>
		<description><![CDATA[Not bad, you know, considering. Considering that Chrysler has pretty much stopped spending money on capital expenditure (small stuff like developing new cars). Even so, ChryCo was quick to launch its crack [smoking] damage control squad. &#8220;Chrysler issued a statement saying that the second-quarter loss is $660 million when taking into account the differences between [...]]]></description>
		<wfw:commentRss>http://www.thetruthaboutcars.com/daimler-chrysler-lost-7725-million-in-second-quarter/feed/</wfw:commentRss>
		</item>
	</channel>
</rss>
