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    Report: Auto industry pays $135 billion in taxes annually
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    How important is the auto industry to state and federal governments? According to the Center for Automotive Research, the industry accounts for $135 billion in annual taxes. In fact, a reported 13 percent of all state taxes comes from the automobile, or $91.5 billion in total. Just as impressive ...

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    Detroit automakers to lobby Congress for $50 billion in loans
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    What's another $25 billion between friends? That's the argument General Motors, Chrysler and Ford's Congressional lobbyists will be making in the next few months for a $50 billion loan from the federal government.Originally, Detroit's Big Three were after $25 billion in loans from the Feds, but ...

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    Feds to release new roof-strength regs in July
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    While rollover resistance is improving, current vehicle roof strength regulations date back nearly 35 years. With that in mind, Congress will be taking a careful look at federal regulators as they work on upgrading the standards early next month before they unveil a final regulation at the ...

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    How do you plan to spend you tax rebate? Enthusiasts already know.
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    The team over at SEMA, you know them as the group that supplies the automotive industry with aftermarket performance and cosmetic accessories, have asked more than 1,000 automotive enthusiasts how they intend to spend their federal tax rebate checks. Of course, we know what SEMA wants the answer to ...

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    California AG says feds may have to bail out US automakers
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    Of all people and of all places. Normally, California is the state that launches all sorts of initiatives that drive carmakers into a frenzy. Now, The Golden State is the one asserting that the national government might need to drop a few billion large to save The Big Three -- with a few ...

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    Government investigating if Big Oil thwarting biodiesel
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    This week, Illinois Governor Rod Blagojevich and the state's two U.S. senators, Richard Durbin and Barack Obama, sent letters to the heads of the six major oil companies as part of an investigation to see if they have any policies that are inhibiting construction and operation of biodiesel and ...

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