{"id":193438,"date":"2008-12-15T22:31:00","date_gmt":"2008-12-16T03:31:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/12\/15\/automaker-updates\/"},"modified":"2008-12-15T22:31:00","modified_gmt":"2008-12-16T03:31:00","slug":"automaker-updates","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/12\/15\/automaker-updates\/","title":{"rendered":"Automaker Updates"},"content":{"rendered":"<p>Well, it looks like <a href=\"http:\/\/www.cnbc.com\/\/id\/28228096\">George W. Bush is throwing a hissy fit<\/a>, and dragging his feet on an auto bailout.  My guess is that he wants to show that he still has relevance&#8230;.Even though he doesn&#8217;t.<\/p>\n<p>In any case, <a href=\"http:\/\/money.cnn.com\/2008\/12\/15\/news\/economy\/toyota_plant.ap\/index.htm\">Toyota just signaled its displeasure with the Senate filibuster by delaying the completion and opening of a new plant in Mississippi indefinitely<\/a>, which is a pretty clear indicator about how the <a href=\"http:\/\/money.cnn.com\/2008\/12\/15\/news\/companies\/overseas_automakers\/index.htm\">transplant automakers feel about having their supply chain cut too<\/a>.<\/p>\n<p>I imagine that they are getting some frantic calls from state officials, and I imaging that potential supply chain issues if GM goes under have come up.<\/p>\n<p>In the mean time, it appears that <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aCJdsoWD7Erg&amp;refer=home\">GMAC swap holders have agreed to changes that may allow it to become a bank holding company<\/a>, which means that they can sign up for one of the 11 new Federal Reserve sh$#pile for cash programs its offering banks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, it looks like George W. Bush is throwing a hissy fit, and dragging his feet on an auto bailout. My guess is that he wants to show that he still has relevance&#8230;.Even though he doesn&#8217;t. In any case, Toyota just signaled its displeasure with the Senate filibuster by delaying the completion and opening of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1108,998,1020],"tags":[],"class_list":["post-193438","post","type-post","status-publish","format-standard","hentry","category-auto-industry","category-congress","category-legislation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/193438"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=193438"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/193438\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=193438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=193438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=193438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}