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Detroit automakers to lobby Congress for $50 billion in loans
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 after lawmakers authorized a loan in last year's energy bill, the domestics now want Congress to grant loans up to $50 billion over the next three years. The loans would carry an interest rate of around four to five percent, with $25 billion being ... Read more →
Feds to release new roof-strength regs in July Michael Harley
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 ...
How do you plan to spend you tax rebate? Enthusiasts already know. Michael Harley
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 ...
California AG says feds may have to bail out US automakers Jonathon Ramsey
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 ...
Government investigating if Big Oil thwarting biodiesel Joel Arellano
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 ...
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Detroit automakers to lobby Congress for $50 billion in loans 1 year ago on Autoblog
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 ...
Feds to release new roof-strength regs in July 1 year ago on Autoblog
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 ...
How do you plan to spend you tax rebate? Enthusiasts already know. 1 year ago on Autoblog
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 ...
California AG says feds may have to bail out US automakers 2 years ago on Autoblog
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 left-handed ...
Government investigating if Big Oil thwarting biodiesel 3 years ago on Autoblog
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 ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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