Made in the USA
General Motors says it will be able to price the base version of its new compact car, the Chevrolet Sonic, at a very competitive $14,500 because it’s paying many of the workers at the Sonic’s assembly plant in Michigan only $14 an hour, about half the standard union wage.
If The Buzz wrote the ad copy for the Sonic, it would go like this: “An American car made in America by Americans who themselves drive 1996 Cavaliers with 220,000 miles on the clock.”
Risky business: Federal regulators say they’re close to settling a $900 million lawsuit that accuses the three former top executives at Washington Mutual of running the Seattle-based bank into the ground through reckless mortgage lending.
For their part, the execs have insisted they behaved prudently. They must be thinking of the time they turned down a $500,000 mortgage for the guy who listed his occupation as “chillin'” — they said he could have $375,000, tops.
Heroes on wheels: Saudi women on Friday brazenly defied the monarchy’s rules restricting driving to men only.
Given the House of Saud’s propensity for cruel treatment of dissidents, these drivers are braver than the guy in the Smart Fortwo who cut off the Hummer on I-405 the other day.
— Mark Carlson, Herald staff