Recent content by Old Ted

Economic Barometer I've always used vehicle sales as a barometer as to the direction of the economy. When times start to get a little tough, buying a new car is the first bigger purchase that gets put on the back burner. Based on that, the American economy appears to be improving a little but...

I see my tire pressure go up 4-5 psi once on the highway as the tires warm up. I'm assuming that your specs are for cold tires.

I understand that to break even, the government would have to get around $70 per share. Why are they selling is beyond me unless they think GM is doomed and are just cutting their losses. It is strange.

Could General Motors (GM) Be Headed For Bankruptcy This Week? | iStockAnalyst.com Rather than the bankruptcy route I imagine you will see GM paying out a lot of money. Obama would probably see to that rather than see his old deal scuttled.

GM Oshawa Gone? As of now, GM Oshawa has nothing at all on the books to build after 2016. Could be the end of the Oshawa complex. The 3+ million square foot truck plant shut down production a few years ago. It's not looking good for Oshawa right now.