Archive for the ‘John’s Journal’ Category

AUTOLINE ON AUTOBLOG: The Moneyed Tycoons of the UAW

September 27th, 2007 at 2:00pm

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I gotta believe Karl Marx is spinning in his grave. Can you imagine the captains of capitalism handing tens of billions of dollars over to labor? For free? It’s enough to make a Communist lose all hope for class warfare!

Yet, as part of a deal to get rid of all their health care bills for retired hourly workers, Detroit automakers are going to make the UAW richer than it ever dreamed possible. They’re creating a VEBA, or . . .

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AUTOLINE ON AUTOBLOG: Cheap Cars Could Be Big Bonanza

September 20th, 2007 at 2:00pm

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At the Frankfurt Auto Show last week, I found myself going through the Dacia Logan with a fine-tooth comb. I slammed the doors, sat in the seats, ran my hand over the fabrics, checked the fit and finish, and lay on my back peering under the car. Then I stood back and looked at it from a variety of angles. I just had to find out for myself if this cheap car truly represents the next Big Thing in the automotive market.

In case you haven’t heard of it before, here’s the quick low-down on the Logan . .

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