One-fourth of Americans support aid for automakers. [USA Today]
In 2008, China was devastated by an 8.0-magnitude earthquake causing an estimated 87,000 casualties. One trillion yuan (about $146 billion) was given for rebuilding, but some claim the money was used for luxury goods.
Want a tax break? Buy a new hybrid, right? Wrong. A Senate amendment added to the House stimulus package offers tax breaks on purchase of practically any new vehicle under $50,000. If it passes.
Most interest in the 2011 Chevy Volt has until now been directed at the battery and drivetrain. Now GM is looking to work with communities to make sure they're ready with plug-in power.
Senate Finance Committee markup of President Obama's stimulus package added a proposal modifying the plug-in electric car credit by doubling automaker vehicle limitations, upping the max credit to $15,000 and cutting low-speed vehicle credits. [GreenCarCongress]
As President Obama today addressed his desire for the fuel-efficient cars of the future to be built here, the following news flash shot across the bottom of the screen. Ironic? A bit, yes. [CNBC]
President Obama plans to remove federal opposition to statewide automobile emissions standards today, allowing California and other states to regulate emissions above-and-beyond federal guidelines and possibly putting political expediency above good public policy.
Washington politicians, drunk with power from the inauguration of The One, want to offer you cash to take your clunker off the road to buy a new greener car. Worst idea ever.
There's General Motors CEO Rick Wagoner, stepping from a Chevrolet Malibu hybrid last night at his hotel in Washington to the flashing bulbs of the paparazzi after driving from Detroit to testify at Congressional hearings for an auto industry not-a-bailout. If the not-so-Big Three automakers have learned anything…
We spent the night reading the the not-so-Big Three's business plans presented yesterday to Congress and after we graded them below, we've one huge question. Given the Carpocalypse, what's with the overwhelmingly optimistic sales projections for the next three years?12.5 / 11.0 / 10.5 million units 14.5 / 12.5…