Wednesday, December 11, 2013
While the world may be waiting to see how the nuclear deal between the U.S. and Iran shakes out, people in Iran's auto industry are far more anxious to see U.S. sanctions lifted and the revival of the car market. The Paykan, a homely little car, may just be a bridge between two divided nations. Shahin Armin, a seasoned expert in all things Paykan, joins The Takeaway to discuss what sanctions have done to Iran's auto industry.
Wednesday, February 20, 2013
Thursday, February 14, 2013
Friday, October 26, 2012
Ohio is on the economic mend — the Lordstown GM plant is humming, along with a brand new billion-dollar steel plant and the discovery of shale natural gas — but can Obama claim credit? Takeaway Washington correspondent Todd Zwillich talked with workers and undecided voters on this battleground to find out.
Thursday, September 20, 2012
In 2008, we broke down the election map state-by-state. In 2012, we’re breaking it down by industry. Each week, we’ll look at a different industry that changed dramatically over the last four years and find out how that might affect the presidential election. Catherine Rampell of the New York Times talks about the automotive industry and the continuing impact of the 2009 bailout as well as the president’s announcement that the Federal Trade Commission was moving against China, alleging that the country illegally subsidizes its auto part industry—and how all of that affects voters in states from Michigan to Missouri.
Friday, August 31, 2012
As Republicans gathered for their national convention in Tampa this week, President Barack Obama stole some of their thunder by announcing that automakers will have to nearly double the fuel efficiency of cars and trucks by 2025.
Tuesday, June 12, 2012
Pulitzer Prize–winning journalist Paul Ingrassia tells the story America’s vehicular history—from the assembly lines of Henry Ford to the open roads of Route 66, from the lore of Jack Kerouac to the sex appeal of the Hot Rod. In Engines of Change: A History of the American Dream in Fifteen Cars, Ingrassia explores how cars have both propelled and reflected the American experience.
Wednesday, June 06, 2012
Did the auto industry bailout work? New numbers from the Bureau of Labor Statistics suggest it did, with unemployment rates dropping faster than the national average, due in part to jobs created by the auto industry. This could be the push President Obama needs to stay on top until November, but as the rest of the country continues to struggle, it might not be time to raise the victory flag quite yet.
Tuesday, June 05, 2012
The layers of irony could scarcely be denser. Buoyed in part by automobile hiring, employment in swing states looks far better than the nation as a whole, providing a possible path to victory for President Barack Obama, who bailed out the big three auto manufacturers with a clothespin on his nose.
Tuesday, April 24, 2012
Paul Eisenstein, author of The Detroit Bureau, is at arguably the biggest of all motor show's — and perhaps the most important: Beijing. What kinds of cars do the Chinese people like? The answer has important implications for the American auto industry. That's because what the Chinese want from their cars is increasingly dictating what American's get in their cars.
Wednesday, April 04, 2012
If you need proof that the economy is looking up, you need only look as far as your neighborhood car lot, or maybe even your own driveway. This week it was announced that there was a major bump in March auto sales. How major? Chrysler alone experienced a 34% increase in sales over the course of the month. Paul Eisenstein is the publisher of TheDetroitBureau.com. He explains what to make of these auto numbers, and whether they’re sustainable.
Wednesday, February 29, 2012
As voters in Michigan prepared to head to the ballots Tuesday, President Obama delivered a rousing speech to the United Auto Workers Union in Washington D.C., taking the opportunity to campaign on the success of the auto-bailout. Three years and some $80 billion later, the rescue of Chrysler and GM has remained fresh in the minds of voters in Michigan. However, the significance of the bank and auto bail-outs may mean something else — or perhaps nothing at all — to voters in other parts of the country.
Wednesday, February 08, 2012
On Superbowl Sunday, Clint Eastwood appeared in a two-minute ad that has been dubbed "Half Time in America." Sponsored by the Chrysler car company, it shows a Detroit that escaped the jaws of defeat to become a model for American recovery. Eastwood's narration goes on to suggest that America is in similarly dire straits: “This country can’t be knocked out with one punch. We get right back up again and when we do the world is gonna hear the roar of our engines. It’s half time America, and our second half is about to begin.”
Tuesday, January 24, 2012
Nothing like last year's SOTU, where the president promised to connect 80 percent of Americans to high speed rail by 2036 and to put a million electric vehicles on the roads.
For an analysis of all of Obama's speeches on infrastructure and transpo, click here.
Here are the relevant passages:
"On the day I took office, our auto industry was on the verge of collapse. Some even said we should let it die. With a million jobs at stake, I refused to let that happen. In exchange for help, we demanded responsibility. We got workers and automakers to settle their differences. We got the industry to retool and restructure. Today, General Motors is back on top as the world’s number one automaker. Chrysler has grown faster in the U.S. than any major car company. Ford is investing billions in U.S. plants and factories. And together, the entire industry added nearly 160,000 jobs.
"We bet on American workers. We bet on American ingenuity. And tonight, the American auto industry is back."
"Building this new energy future should be just one part of a broader agenda to repair America’s infrastructure. So much of America needs to be rebuilt. We’ve got crumbling roads and bridges. A power grid that wastes too much energy. An incomplete high-speed broadband network that prevents a small business owner in rural America from selling her products all over the world.
"During the Great Depression, America built the Hoover Dam and the Golden Gate Bridge. After World War II, we connected our States with a system of highways. Democratic and Republican administrations invested in great projects that benefited everybody, from the workers who built them to the businesses that still use them today.
"In the next few weeks, I will sign an Executive Order clearing away the red tape that slows down too many construction projects. But you need to fund these projects. Take the money we’re no longer spending at war, use half of it to pay down our debt, and use the rest to do some nation-building right here at home."
Friday, December 02, 2011
Since President Obama introduced the American Jobs Act in September of this year, he has spoken publicly about it more than 50 times. The jobs report for November comes out this morning and the consensus call is that 125,000 new jobs were created this month. Charlie Herman, economics editor for The Takeaway and WNYC, speaks about the latest jobs numbers as well as specific economic and educational reforms that are trying — with mixed success — to remedy the situation.
Friday, December 02, 2011
WNYC's Economic Editor, Charlie Herman, has been examining where jobs could come from in this economy, and on the Takeaway today he quotes Klaus Kleinfeld, the head of Alcoa, as saying (about a minute and a half in):
"Suddenly the automakers are saying we have to make our cars more fuel efficient so they look for lightweighting and they don't want to compromise safety, so then they look at what is the materials they should to choose and they chose aluminum."
Herman says Alcoa is expanding a factory, spending $300 million, and creating 300 jobs.
He says the cafe standards are a "requirement the government is putting on the auto industry that is having trickle down effect. It will also make US cars more competitive around the globe, where fuel efficient cars are more in demand."
Full audio here:
Wednesday, September 21, 2011
Governor Jennifer Granholm of Michigan served two terms during the financial crisis that caused America’s major car companies to teeter on the brink of bankruptcy. Her plans for education reform, economic revitalization, clean energy, and infrastructure development were sidelined by a perfect economic storm. In A Governor’s Story, she tells how she managed the economic crisis in Michigan, and shares the ideas helping American industry recover nationwide.
Wednesday, September 21, 2011
General Motors and the United Auto Workers union have released the details of their tentative new four year agreement, which was reached on Tuesday. The deal will close the salary gap between workers in the two-tier wage system that is in place at GM and the two other Detroit automakers. Paul Eisenstein, publisher of The Detroit Bureau, has the latest on the deal.