Are you struggling financially these days? You’re certainly not alone, and you even have something in common with Jim Press, one of Chrysler’s top executives. Press, hit hard by the housing market collapse and the lack of bonuses from Chrysler as the company failed, faces debts including a $800,000 unsecured personal loan and a $947,000 federal tax lien on his home.
big three
Hey, New Stockholders – What Kind Of Cars Should GM Make Now?
By 7.3.09
The U.S. and Canadian governments now own a substantial portion of General Motors. If that means that us taxpayers are the real owners. So Consumer Reports Cars wants to know: what do you think GM should make?
Jon Stewart to Automakers: "BE A F@#KING PERSON!"
By 5.21.09
In case you don’t watch “The Daily Show With Jon Stewart” as obsessively as I do, here’s a segment from earlier this week that is relevant to Consumerist readers’ interests. In it, they provide an overview of news coverage of the closing of GM and Chrysler dealerships, and implore the companies to “be a f@#king person!”
Sorry, GM's Lots Are Too Full To Take Your Lease Back
By 4.29.09
Nearing the end of his lease on a Chevy Equinox, Tom wanted to turn the vehicle in before he used up his allotted miles, and drop it from his insurance as soon as he could. The dealership he leased it from, their lot clogged with cars and trucks that nobody particularly wants to buy, wasn’t really keen to take it back. So Tom got creative.
