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If you want to drive something dependable and long-lasting, steer clear of these vehicles. With a 22% improvement in sales last month, and despite the six-month, $4.3 billion loss it announced Wednesday, General Motors is likely to have its strongest spring and summer in years. Plus, the automaker had critically acclaimed new products at the recent New York Auto Show and the much-anticipated Chevrolet Volt is due out this fall. More from Forbes.com: • In Depth: Worst-Made Cars On The Road • Navigating Your Way Through Traffic • Cars With the Best Gas Mileage Year-over-year sales of GM's Cadillac division...

Published on Thursday 29th of July 2010 08:21:44 AM Read more...

In a potential step forward for Obamacare, Congressional leaders and the White House stated they had reached an agreement with labor groups over the taxation of high end health care plans, something labor unions had long opposed. The deal was one of the larger hurdles left for Democrats as they try to push health care through before the President's State of the Union address.

Published on Thursday 29th of July 2010 08:21:44 AM Read more...

The White House has reached a deal with health care negotiators, including labor unions, on taxing the high-level "Cadillac" plans that workers with high-risk jobs often purchase. The White House has reached a deal with health care negotiators, including labor unions, on taxing the high-level "Cadillac" plans that workers with high-risk jobs often purchase. The excise tax on high-cost insurance plans has been one of the biggest sticking points in the negotiations, as President Obama has favored the Senate plan, which calls for the tax, while House Democrats have preferred raising taxes on high-income earners.

Published on Thursday 29th of July 2010 08:21:44 AM Read more...

This is a red herring. The solution to the "logjam" was already floated last summer when the Senate was debating the Baucus bill. Union members and their families who receive healthcare benefits paid for by their employers would be exempted from a new tax on healthcare under one option being proposed by Sen. Max Baucus (D-Mt), according to a report by the Fox Business Channel’s Peter Barnes. Baucus’s plan would tax health care benefits to raise from $161.9 billion to $418 billion over ten years to fund the nationalized “government provider” of health care benefits President Obama and Democrats want....

Published on Thursday 29th of July 2010 08:21:44 AM Read more...

WASHINGTON – The White House on Monday defended President Barack Obama's support for taxing high-value insurance plans to help pay for health care overhaul, a levy the AFL-CIO president angrily said "drives a wedge between the middle class and the poor." Obama is scheduled to meet with labor leaders on the issue Monday afternoon. Labor opposes the tax, arguing it would hurt union members who negotiated good health benefits instead of salary increases. Hours before the meeting, AFL-CIO president Richard Trumka lashed out at the so-called "Cadillac" tax in the Senate bill. "The benefits tax in the Senate bill pits...

Published on Thursday 29th of July 2010 08:21:44 AM Read more...

In the wake of Tiger Woods’ notorious early morning crash, GM took pity.. On the Escalade. GM now plans to repair and possibly auction off the battered SUV, as it was one of several vehicles Woods agreed to be seen in after his promotional deal with Buick ended last year. Cadillac spokesman David Caldwell explained: “The vehicle will be repaired, firstly. This is a promotional/marketing vehicle -- the kinds of cars used for advertising, public displays, photography, etc. That makes this a little different than a garden-variety car repair - given its special usage.” Caldwell said the repaired Escalade could...

Published on Thursday 29th of July 2010 08:21:44 AM Read more...

General Motors Corp. is dropping the franchises of 70 percent of Cadillac dealerships nationwide and southeast Wisconsin is no exception, leaving only two area dealerships confirmed as continuing beyond 2010 — Metropolitan in West Allis and Crest in Brookfield. Metropolitan Cadillac, in fact, is running commercials urging customers whose dealers are closing to switch to its dealership. “My understanding is that there are a lot of Cadillac stores closing,” said Metropolitan president Max Stephenson. “The only two that are staying open are Metropolitan and Crest.” General Motors will not disclose the identities of dealerships that are closing. Only one area...

Published on Thursday 29th of July 2010 08:21:44 AM Read more...

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