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The Auto Transport Blogger

Courts stay Chrysler/Fiat sale. Updated Sale is not blocked.

Stimulus $'s hit transport sector.

Considering Mexican trucks in US.

The GM CEO steps down and how this affects auto transporters.

Making waves is Hyundai's Big Boost.

New Legislation in Oregon would place GPS in all new OR vehicles.

Beyond manufacturers, consider the Little Guy and the Big 3.

Green Car Innovations

Some of the critical components of in-car green technologies.

Struggles for EV

Other car companies are struggling as well: mainly the electric car manufacturers.

Tesla Motors

Tesla Motors is planning on staying strong with their current and planned electric car transportation vehicles.

Auto Bailout & Congress

Congress is back in session again, this time dealing with the automotive giants.

Bailout for the Big 3

The latest business that is getting money from the government: the auto manufacturers.

Where's our Gasoline From?

Many places but maybe not where you think! more about gasoline originating countries

History of Gasoline

Facts about gas you should know. more about the origin of gasoline

Bill of Lading

Auto Transport Terminology. more about the bill of lading

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"When auto transport companies compete You Win!"

Chrysler Sale to Fiat Blocked?

In a not-quite-surprising turn of events, opponents to Chrysler’s sale to Fiat are going to the Supreme Court to block it. The opponents are three separate Indiana state pension and construction funds, who are claiming that the sale “unfairly favors the interests of the company’s unsecured stakeholders over those of secured debt holders” (AP), which include themselves.

They claim that this is an important part of getting the American auto industry back on track, and the American people need to see that when the system is under the kind of stress it currently is in that the law will "properly scrutinize the actions of the...executive branch."

Chrysler is hoping that the deal is closed by June 15th, when Fiat will then have the option of pulling out of the sale. However, production at the company’s manufacturing plants will remain halted until the sale is closed.

This seems like just more bureaucratic bull from the people who are trying to block the auto industry from truly getting back on its feet, and the worst part of it is that this farce is costing the taxpayers money. At the end of the day, the company needs to do what it can to ensure that Americans keep their jobs, and obviously Chrysler doesn’t know what they’re doing to make that happen.

The world is getting smaller every day, and globalization is inevitable. If we have to rely on a foreign auto maker to oversee our own auto corporations and make sure they’re doing everything right, then so be it – as long as people keep their jobs. These funds are just making waves, and it’s hurting not only American taxpayers, but the American auto industry even more. This is also affecting the auto transport industry (as everything else has in this horrible economy), because people are even less likely to buy a Chrysler or a GM car now that these scandals and arguments have gone public.

Let’s hope that Chrysler, the courts and Fiat can come to a decision soon, because if they can’t, the American auto industry could be looking at an even bigger hole than the one they’re in now.

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