Regular readers will recall that we predicted this: With the “cash for clunkers” incentives now history, car sales are falling back to the abysmally low levels they reached early this year. The Associated Press reports that General Motors’ September sales were…

After reading STL JobWatch’s update on the unemployment situation in St. Louis, I headed for the Bureau of Labor Statistics website to refresh my knowledge on where the jobs are being lost. There are no surprises in the big industry categories, which I’ll…

The company formerly known as General Motors is trading again on the stock market after a three-day trading halt, and, inexplicably, it still has a market capitalization of $355 million.

When GM’s ongoing operations emerged from bankruptcy on Friday, the shell of…

FINRA, the brokerage industry’s self-regulatory body, has finally done what someone should have done weeks ago: It has halted trading in shares of the bankrupt company once known as General Motors. According to the New York Times, the suspension occurred after…

When General Motors granted stays of execution last week to 60 dealers, I wondered if it was good news for Wagner Buick Pontiac GMC in Belleville. When I talked to owner Rusty Wagner for a column about his plight, Wagner told me…

General Motors and Charter Communications are very different companies. According to the plans that both companies are pursuing in bankruptcy court, however, their shares will end up in the same place: worthless.

It’s hard, then, to explain the very different trading…

As yesterday’s column mentions, bailout backlash is one risk that General Motors faces. Some of its most loyal customers, the buy-America crowd, may be so angry about the government bailout that they’ll shop for a Ford or perhaps even a foreign brand.…

If taxpayers are sinking almost $70 billion into GM, one would hope that we have a chance of being repaid. At least we can hope to get most of our money back, right?

Well, those hopes rest on a series of…

The Dow Jones Industrial Average is due for a shakeup soon. The Associated Press reports that General Motors will get kicked out of the venerable index if it files for bankruptcy, as it’s expected to do within the next few days.

Furthermore, St.…

St. Louis will be one of the starting points next Monday for a 34-city “Keep it Made in America” bus tour that’s meant to drum up support for the U.S. auto industry. The organizers, led by the United Steelworkers and the…