Economy

GM Creating 10,000 New IT Jobs

Good news -- Government General Motors announced plans yesterday to hire 10,000 additional IT workers over the next several years, far out-pacing it's closest competitors.

The nation's biggest automaker is moving past layoffs and the Motor City's rusty, low-tech image in a bold and expensive move to develop software and invent the most advanced gizmos for your car, rather than buy software and other electronic applications from outside companies. Experts say it's also the start of a trend as manufacturers realize that software is among the few things that will set them apart from competitors. [...]

General Motors Co. isn't alone in trying to move more technology development under its roof. But the plans of its biggest competitor, Ford Motor Co., aren't nearly as ambitious.

GM's aims to bring 90 percent of its computer technology work into the company by recruiting workers to four new information technology centers around the nation.

The consequences of doing so may have fewer implications, but rescuing the American auto industry may prove to be as big of a part of the president's legacy as healthcare reform will.

No thanks to Mitt Romney, who said we should Let Detroit Go Bankrupt.

IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed.

This man has no business being in the White House.

According to the nonprofit Center for Automotive Research, the American auto-industry is expected to add 167,000 jobs by 2015.