California Considering Vehicle-Miles-Traveled Tax

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California Considering Vehicle-Miles-Traveled Tax
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California motorists that spend a lot of time on the road could be in for a shock. The state’s legislature is considering a bill that would explore a tax based on vehicle miles traveled or VMT for short. Continue Reading...

GM Posts $2.5 Billion Second Quater Profit

GM Posts $2.5 Billion Second Quater Profit
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General Motors has announced a second quarter net income of $2.5 billion or $1.54 per fully diluted share. By comparison, GM’s Q2 2010 performance showed a net income of $1.3 billion or 85 cents per diluted share. Revenue has increased from $6.2 billion to 39.4 billion compared to the second quarter of 2010. Earnings before interest and… Continue Reading...