2014 Ford Mustang Premium on 2040-cars

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Revisiting the 2008-09 auto bailout that saved GM and Chrysler

The Federal Reserve stayed open late on December 31, 2008. There's almost no way you could remember that because barely anyone knew at the time. But General Motors had to pay its bills, and the Fed wired money so GM could still buy things in January. Without those funds, the nation's largest automaker wouldn't have seen much of 2009. It's one of many heart-stopping moments that illustrate just how close Detroit's Big Three came to extinction nearly a decade ago. They're chronicled in a new movie, Live Another Day, premiering in theaters September 16. Filmmakers Bill Burke and Didier Pietri interviewed nearly all of the key executives, federal officials, and union chiefs to recreate the auto industry's most perilous period. The movie begins in the aftermath of Lehman Brothers' demise amid the global financial meltdown. Things looked bleak for American carmakers, and their CEOs were laughed off Capitol Hill when they sought a Wall Street-style bailout. "It was a feeling that it was the end of the world," Pietri told Autoblog in an interview where he and Burke previewed the film. Saved by last-minute loans authorized by the Bush Administration after Congress refused to act, Detroit staggered into 2009 with a faint pulse. Live Another Day illustrates the downward spiral that played out that winter as President Obama and his task force – with little prior knowledge of the auto industry – wrestled over the fate of hundreds of thousands of jobs. GM's longtime CEO Rick Wagoner was fired in March. Fiat CEO Sergio Marchionne suddenly appeared as a savior for Chrysler, with his own motives. Obama rejected restructuring plans from the automakers. Chrysler declared bankruptcy on April 30. GM followed June 1. The sequence was very public, but Pietri and Burke showcase lesser-known events that shaped the outcome. They also seek to dispel the notion that the government rescued GM and Chrysler from incompetent leaders. "We never subscribed to the theories that the management structures of the companies were a bunch of idiots who didn't know what is going on," Pietri said. At one point, Chrysler executives were negotiating with Marchionne and Fiat. Unbeknownst to them, the government was having its own talks with the Italian automaker. The filmmakers also cast light on the bankruptcy process, which was shredded to shepherd two of America's industrial icons through reorganizations.

Texan finds creative way to clear highway fast lane

Few things are as infuriating as someone driving slow in the fast lane. A Jeep driver from Texas found himself in just such a predicament near Fort Worth, and came up with a creative way to urge the offending lane-blocker to get a move on. Machine, a YouTuber and off-road enthusiast from the Lone Star State, posted some dashcam footage to his account back in March which showed him stuck behind a slow driver. He was attempting to pass a slow-moving bobtail Peterbilt tractor when he got hung up by a white Ford Econoline squatting in the passing lane. On his YouTube page, Machine stated that the van, which apparently belonged to a plumbing company, was traveling along between 60 and 70 miles per hour along a stretch of highway with a stated speed limit of 70 mph. Confronted with the slow-moving van blocking the left lane, and traffic in the right lane, Machine called the number on the back of the Econoline and politely asked him to get out of the way. In the Econoline, the passenger picked up and was momentarily confused as Machine asked him to ask his driver to move out of the lane and let traffic pass. The van sped up, passed a tractor-trailer, and got out of the way, much to the relief of the traffic behind him. According to CBS news, 38 states have laws on the books to punish slow drivers squatting in the passing lane. In five of those states, the fine is upwards of $1000, and 22 states classify it as a misdemeanor. Related Video: News Source: YouTube, CBS News Auto News Humor Weird Car News Ford Jeep Driving Safety Minivan/Van SUV Commercial Vehicles wrangler passing lane

Top torque-to-weight ratios under $100k, $50k and $25k

Horsepower may steal a lot of headlines, but the always-more-complex torque figure is often a critical one for both the workingman and the motoring playboy. The measure of rotational force represents the twist that can liquefy one's tires or haul one's horse trailer. Good stuff.
It follows then, that as with the horsepower-to-weight list that we assembled for you a few months ago, a list of cars that offer the most pound-feet with the fewest pounds to carry, is an interesting one to break down. Sure, there's a big difference in how the torque is applied from a turbocharged six-cylinder in a Swedish luxury sedan and a massive heavy-duty truck's turbo-diesel. But being the car/stat geeks that we are, we think it's kinda neat that those two vehicles rank near each other where torque and weight intersect.
As with the horsepower list, we've given you figures as pounds per every one pound-foot. Again broken down into broad price categories, we've got a mixed bag of 2014 and 2015 models here, too. Every effort has been made to select the most up-to-date prices and specs, and we've also to omitted some '14 cars that won't be re-upped after the ongoing yearly changeover.