Episode 637 - GM's Stock Drops, New Tax on Miles Driven Proposed, Jaguar to Build C-X75
Episode 637 - GM's Stock Drops, New Tax on Miles Driven Proposed, Jaguar to Build C-X75
Autoline Daily - Video · John McElroy
May 6, 20118m 56s
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Show Notes
Despite tripling its net profit, GM's stock dropped yesterday because Wall Street wasn't impressed with its operating profit. The Obama administration is looking at a new road tax based on vehicle miles driven to help raise money to fix our roads. Jaguar is going to build the C-X75 concept it unveiled at the Paris auto show last year. All that and more, plus a preview of this week's Autoline Detroit with Tim Manganello, the chairman and CEO of BorgWarner.
Topics
carsnewsautomotiveGeneral MotorsFordJaguarBorgWarnerPontiacSaturnHummerroad tax