It appears the right-wing wall against the Chevrolet Volt is starting to crumble. Following months of beating on the Volt, Fox News aired a puff piece on how great the Volt is earlier this week. Now we hear that former president George H.W. Bush has purchased a Volt for his son Neil as a birthday present. As our friend Chelsea Sexton said on Twitter, "Can't wait to see what Fox News makes of that!"
Uh-oh, the right-wing wall against the Chevrolet Volt is really starting to crumble. Following months of beating on the Volt, Fox News aired a puff piece on how great the Volt is earlier this week. Today, we hear that former president George H.W. Bush has purchased a Volt for his son Neil as a birthday present. As our friend Chelsea Sexton said on Twitter, "Can't wait to see what Fox News makes of that!"
The writing's been on the wall for years: GM would have to declare bankruptcy if it had any hope of restructuring in order to survive in the long-term. And though the Obama administration's effective take-over of General Motors was hardly the first case of the government nationalizing a private company, President George W. Bush didn't want to be the one to do it.
Word on the street is that President elect Barack Obama spent some time in the oval office yesterday with current President Bush talking about the auto industry, and the junior Senator from Illinois urged the President to address the automakers' dire situation post haste. The President seems to be on the same page, with word coming out of the White House that it would consider a congressional proposal to carve out $25 billion of the nation's $700 billion bailout plan just for the auto industry.
There has been a US ban on offshore oil drilling for the past 27 years, and George Bush Sr. signed off on an executive order echoing the ban in 1990. Originally, the ban was agreed upon to protect the beaches and tourism economies of coastal towns, and now global warming has been added into the mix.
We'll be honest. We didn't watch President Bush's State of the Union address last night, the final one of his second presidential term. Our disinterest can probably best be measured by the fact that the address being broadcast in high definition was the only draw for us, which got us to watch for about five minutes and then it was back to American Gladiators on the DVR. Apparently we didn't miss much as it relates to the auto industry. Automotive News reports that the president called for more f
var digg_url = 'http://digg.com/politics/President_Bush_signs_energy_bill_into_law'; This morning President Bush put pen to paper (no doubt one of those really cool American President pens) and signed into law the Energy Independence and Security Act of 2007, all 822 pages of it. As we all know by now, the pillar of the law is an increase in Corporate Average Fuel Economy standards to 35 mpg by 2020. The increases will be built up over time beginning with the 2011 model year, which really isn
Allan Mulally has already lived a very successful life, having helped save American icon Boeing, then taking over the reigns as Ford Motor Company's Chief Executive Officer. Now he has added 'the guy that saved President Bush' to the list. Mr. Mulally used his media audience at the New York Auto Show to tell a pretty great story about his recent trip to the White House.
The U.S. Department of Energy has dug into its coffers once again for alternative energy research, this time putting up to $385 million forward to fund six cellulosic ethanol over the next four years. DOE Secretary Samuel W. Bodman made the announcement, going on to say that when fully operational, the six biorefineries will produce more than 130 million gallons / 492 million litres of ethanol per year. The funding is part of President Bush's Twenty in Ten Initiative which aims to reduce America
There has been speculation in the last few days that President Bush would, in his State of the Union speech, announce a historic shift in the U.S. climate change policy. It seems that this is not the case. This topic will certainly not help any of the feelings of Tony Blair or Angela Merkel, chancellor of Germany, who both would like the U.S. to change its policy.
Ron Gettelfinger, president of the United Auto Workers union, took a shot at President Bush Tuesday for his failure to put forward a national industrial policy addressing issues affecting U.S. automakers, ranging from out of control health care costs to Asian monetary policies.