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    Report: Cadillac to vie for Secret Service armored car contract, new Beast?
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    President Obama has used the same armored limo since his inauguration in 2008. Known by many as The Beast, the Presidential Limo was provided by Cadillac and earned its nickname in large part because of its massive size, which isn't surprising considering that its Caddy-shaped bodywork is said to ...

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    Report: Anthony Foxx nominated by Obama to be next Transportation Secretary [w/video]
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    Anthony Foxx, labeled by President Obama as "one of the most effective mayors Charlotte [North Carolina] has ever seen," has been nominated by the President to be the next Secretary of Transportation. Foxx would take over for Ray LaHood, who announced that he would be stepping down a few months ...

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    Report: Obama picks new leaders for Dept. of Energy and EPA
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    President Barack Obama announced his nominees to lead the Environmental Protection Agency and the Department of Energy today. After speaking out about global warming in both his Inaugural Address and State of the Union speech this year, the President hopes that the new appointees will help lead ...

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    Report: US Treasury signals it will sell off remaining GM shares
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    True to its word, the US Treasury Department has taken steps today to rid itself of its remaining 300-million shares of General Motors stock. The Treasury has engaged both JP Morgan and Citigroup Global Markets to handle the sale of the remaining shares, reports the Detroit Free Press. After ...

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    Report: What Obama's win could mean for the auto industry over the next 4 years
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    The 2012 Presidential election is in the books and those in swing states must be looking forward to the absence of countless campaign ads. However, those with their eyes on electric vehicles and reduced emissions from automobiles may be looking forward to what the President's second term in ...

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    UAW calls for investigation into Romney ethics violations over possible profits from auto bailouts
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    The United Autos Workers, which has endorsed President Barack Obama, announced Thursday that its members want the US Office of Government Ethics to investigate Gov. Mitt Romney for violations. The UAW leadership held a press conference in Toledo, Ohio, Thursday, alleging that Romney profited ...

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    Report: Obama calls for trade case against China
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    According to an Automotive News report, the U.S. government has launched a trade case that focuses on ending Chinese subsidies of its automotive industry, which threaten American auto industry jobs. The case claims that the Chinese government has subsidized its automotive export industry in a ...

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    Official: New CAFE rules officially finalized; 54.5 mpg is like making gas $1/gallon cheaper
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    Increasing the Corporate Average Fuel Economy standards for model year 2017-2025 cars to 54.5 miles per gallon was first proposed in July 2011. Since then, there has been a lot of back and forth, a lot of positive and negative responses, and, lately, a delay for unknown reasons. Since the CAFE ...

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    Report: CAFE standards upheld by U.S. appeals court
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    No dice, partner. Federal Corporate Average Fuel Economy (CAFE) standards for 2012-16 were upheld this week by a U.S. Court of Appeals in Washington, D.C., quashing efforts by certain industries and a number of states to overturn the mandate, The Detroit News reports. The standards, which have ...

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    Report: Lutz stumps for Romney despite opposition to auto bailout
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    Bob Lutz has put Republican presidential candidate Mitt Romney's numerous past comments about the automotive bailout behind him, according to Automotive News. During a recent episode of "The Kudlow Report" on CNBC, the former auto executive made it clear he now backs Romney for the 2012 ...

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    Report: Saab union asks Obama to pressure GM for licensing deal
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    The door has not yet closed on Saab. Hoping for yet another 11th hour stay of execution, the defunct carmaker's chief union, IF Metall, has written directly to President Obama, asking him to intervene, according to Just-Auto. While on the surface, this may seem silly, it's actually rather clever, ...

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    Video: Obama's latest campaign ads highlight auto recovery
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    As expected, the so-called auto bailout of 2009 has become a major talking point in the run-up to the 2012 Presidential Election. Somewhat surprisingly, however, both sides of the aisle are taking credit for the success seen by General Motors and Chrysler since the two automakers were pushed ...

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    Report: White House annouces $4.7B effort for advanced-technology vehicles, including EV Everywhere
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    It's a big week for compressed natural gas vehicles, thanks to President Obama's announcement today that his administration wants to increase federal support for CNG automobiles by introducing a tax credit similar to the one in place for plug-in vehicles. Plug-in vehicles, too, could get a big ...

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    Ed Welburn finds a fan in President Obama
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    You know your job is going well when the President of the United States takes the time to mention your success. That's what happened to Ed Welburn, vice president of global design for General Motors, who was tasked with giving President Obama a tour of GM's latest offerings last month during ...

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    Video: Obama reelection campaign launches auto bailout commercial
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    The 2008 economic collapse in the U.S. led to what many experts call the worst recession since the Great Depression. Among the many casualties of the recession was the U.S. auto industry, which (arguably) was saved thanks to $25 billion in cash from the Bush Administration in 2008 and another $60 ...

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    Report: Obama's proposed budget calls for upping plug-in vehicle tax credit to $10,000
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    As a candidate, Barack Obama promised to try and get a million plug-in vehicles on U.S. roads by 2015. In his State of the Union address in 2011, he repeated that number and proposed turning the $7,500 tax credit into a point-of-purchase rebate. That hasn't yet happened, but in the President's ...

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    Report: Foreign auto companies irked by Obama snub at DC Auto Show
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    On Tuesday, President Barack Obama visited the Washington Auto Show, and he even had time to get a closer look at a few vehicles. We're guessing that the carmakers were more than happy to set aside some time to talk to the Commander In Chief, but not every automaker got the chance. Bloomberg ...

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    Report: GM stock price leads to greater estimate of losses on bailouts
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    The "Government Motors" crowd isn't going to be happy about this: The Detroit News is reporting that the U.S. Treasury now says it has lost an extra $170 million in the auto industry bailout. The culprit? The declining price of General Motors stock. According to the report, GM's stock crested at ...

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    Auctions: eBay Find of the Day: Barack Obama's 2005 Chrysler 300C [UPDATE]
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    UPDATE: Not surprisingly, President Obama's former daily driver failed to sell on eBay Motors with a starting bid of $1 million. The owner reportedly wants to list the car again closer to the presidential election this fall, and may lower the price as well as give some of the proceeds to ...

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    Report: Memo says Bush administration almost pushed GM and Chrysler into earlier bankruptcy
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    2008 was one crazy, almost surreal year. It was the year when the economy took a nosedive, and the U.S. auto industry nearly ceased to exist. One of the last major decisions former President Bush made before he left office was to give Chrysler and General Motors a combined $17.4 billion to keep ...

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