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Top ten stolen vehicles of 2009

It's that time of year again. The National Insurance Crime Bureau has just released its top 10 stolen vehicles from 2009, and once again, the most stolen vehicle in the U.S. continues to be the 1994 Honda Accord. In fact, all but three vehicles retained the same slots on the list as they held last year. Newcomers include the 1994 Zach Bowman

XP Vehicles has an idea: file a lawsuit against the DOE for ATVMP funds

Remember XP Vehicles, the "pre-revenue start-up" that issued a statement 13 months ago saying it was "Extremely Disappointed in DOE Rejection of [its] ATVM Application" and asking people to petition the government to help the company? The rejection came after XP asked for money from the Department of Energy's Advanced Technology Vehicles Manufacturing program (ATVMP) to develop its electri

Report: U.S. breaks even if GM stock hits $133.78

According to Neil Barofsky, the treasury department's inspector general, in order for the U.S. government to break even on its investment in General Motors, the company's stock will have to hit at least $133.78 a share. Thanks to the massive auto industry bailout, the government currently holds a total of 304 million shares of common stock and $2.1 billion in preferred stock in the automaker. According to The Detroit News, Barofs

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