No Economic Recovery for U.S.: Nissan boosting production…in China

Nissan is going to invest $7.7 billion into the world’s largest car market…no not the United States…China!

Nissan entered into a joint venture with China’s Dongfeng Motor, and together they’re investing billions to boost car production in China.  They expect to produce 2.3 million vehicles per year by 2015.

Nissan’s U.S. sales mirror that of Toyota, […] Continue Reading…

No Economic Recovery for U.S.: Toyota doubles production…in India

Toyota announced that demand is up so much that they’re doubling production…in India.

Toyota will invest $220 million into its Indian operations, with the goal of increasing production to 310,000 vehicles per year by 2013.  Toyota added that it’s all types of vehicles that are enjoying increased demands, from economy cars to SUVs and mini […] Continue Reading…

Will spread of Radiation topple Japan’s longest life expectancy claim? Forget Obama Care, U.S. life expectancy keeps dropping

The latest results of life expectancy around the world, puts Japan in number one spot for the 26th year in a row, at least for Japanese women.  Women in Japan average 86.39 years.  Japanese men hold the number four spot at 79.64 years.

Hong Kong women are in second place, while men in Hong Kong […] Continue Reading…

Second Japanese Prefecture ordered to stop shipments of cattle due to cesium contamination!

Last week the national government of Japan ordered all cattle shipments from Fukushima Prefecture halted, now they have done the same with cattle from Miyagi Prefecture.

It turns out that the majority of cesium contaminated beef came from Miyagi Prefecture. The cows were fed hay contaminated with thousands of becquerels of cesium.  The national safe […] Continue Reading…

Mainstream Media Hype: Scooters suck, new Mazda 2 gets just as good MPG as a Scooter, and you can carry four people and groceries

The latest hype by the mainstream media is trying to create a craze for scooters.  One report says they get 70 mpg.  Guess what?  So does the new Mazda 2, and it’s a car.

So what’s more practical?  Getting a scooter that you might be able to squeeze two people onto, or getting a car […] Continue Reading…

If you want a good credit rating, don’t live in Idaho. Where you live now affects your credit score

Credit scoring companies are getting so nit picky that now they judge you based on where you live.

CardRatings.com now considers the state you live in as part of your credit score.  One of the states that can make your rating go down is Idaho.  Curtis Arnold, founder of CardRatings.com, says Idaho scores low because […] Continue Reading…

Grass fire sets Idaho junk yard on fire, fears of propane and liquid oxygen tanks exploding results in blocked roads

Initial reports say that a grass fire on U.S. Highway 30 (Old Bannock Highway) near the Hoku plant, and the malting plant, in Bannock County, Idaho, caused a massive junk yard fire.  Fortunately the wind was blowing the flames away from the gas company.

Walt’s Auto Salvage fire, July 26, 2011

 

 

 

 

 

 

The […] Continue Reading…

What Economic Recovery? Inflation eats into profits for Ford & Chrysler

Both Ford and Chrysler are reporting increased sales revenues, but both are reporting decreases in profits.  The culprit, inflation.

Inflation is driving up the cost of materials used to build their cars, and even with retail price increases the result is lower profits.

Now Ford is preparing to deal with Union contract negotiations in the United […] Continue Reading…

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