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Car rebates will stop unless Senate acts WASHINGTON (AP) -- The Obama administration will suspend the "cash for clunkers" program unless the Senate provides $2 billion more for the popular car incentive plan, Transportation Secretary Ray LaHood said Sunday. He said he expected the current $1 billion pool to be exhausted before Monday. The House approved an additional...

You should always carry your camera because you never know what you might see. And I always manage to see something interesting when I stop in to see my buddies at Tire Town in State College, PA. If you ever get to stop in and visit them, tell them the Alternate Route sent you...

Dear Dub, What do you think I should do? I have a car that just qualifies for the cash for clunkers program. I really don't need a car payment right now, but $4,500 seems like a deal that's too good to pass up...

Govt to suspend 'cash for clunkers' is how the headline reads. Congressional officials say the government plans to suspend the popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases. Excuse me??..

"So we are acting as reluctant shareholders, because that is the only way to help GM succeed. What we are not doing, what I have no interest in doing, is running GM."  - President Obama As I said a few days ago, those lips were moving when he said that. Given a chance to give taxpayers stock certificates for their share of the government's ownership stake in General Motors Co...

I always love it when the government thinks something completely through and has all the contingencies covered. Cash for clunkers, couldn't be simpler, right? Give an incentive to get people into higher mileage vehicles and stimulate car sales at the same time...

AR Index     594.20  +58.97  (+11.02%) Stocks of individual interest Toyota  79.88  +3.77 GM        0.41    -.0.10 Ford      7.27    +1.08 Dow 9108.51  +260.36   (+2.94%) There's a concept in math called significant digits or figures which basically deals with rounding. GM is in danger of being rounded right out of significance, at least in the AR Index. When I started the index, I weighted Ford, GM, and Toyota equally...

Read an interesting piece in today's NY Daily News about a guy who uses his Model T as his every day driver. He says he's getting 40 MPG and thinks Ford should put the Model T back in production. "Everyone is scratching their heads, looking for an environmentally friendly means of transportation when the answer has been sitting right under our noses for over a century," he said...

Dear Dub, Things are changing so rapidly in the automotive world. We're almost wondering if ten years from now if cars will be anything like they are now at all. Where do you think it's all heading Dub?..

Yep, fate is the only thing that can explain it. How else could Ford have turned a quarterly profit? The funniest part is listening to "unbiased" news people trying to explain it away as some accounting trick because the fact that the only automaker not being "saved" by the government is the only one showing a profit makes the whole auto task force and bailout idea look like it was a total waste of money Yea, Ford was just lucky.