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Chrysler withdraws government loan request, calls DOE terms too restrictive

If you have a hate on for automakers that take government money then it may be time to upwardly revise your feelings towards Chrysler. The pentastar brand had originally sought up to $7 billion from the Advanced Technology Vehicles Manufacturing (ATVM) loan program, though since its original request in 2007, it had reduced that amount downward to a more reasonable $3.5 billion. Now, it has

General Motors IPO filing focuses on green technologies, serious risks

Yesterday, General Motors finally submitted its S-1 document to the Securities and Exchange Commission as the first official step towards becoming a publicly traded company again. As we found when Sam Abuelsamid

General Motors, Chrysler now eligible for ATVM re-tooling loans

When officials from the U.S. Department of Energy were first evaluating the applications for the Advanced Technology Vehicle Manufacturing program a year ago, General Motors and Chrysler were deemed unworthy. To be eligible for the low interest loan program for retooling plants to build new more efficient vehicles, the applicants have to demonstrate financial viability.

Aptera officially resubmits application for DOE loan

Aptera 2e final design rendering - Click above to enlarge

President signs bill expanding ATVM program to three wheelers

Aptera 2e final design rendering - Click above to enlarge

VIDEO: Elon 99 per cent sure of DOE loan, calls NYT writer "a huge douchebag"

Since it was announced that the highly quotable Bob Lutz would be departing from his General Motors management spotlight, automotive bloggers and reporters everywhere have been mourning the loss of an executive with such an exquisite way with words. Now it appears that the pining may have been premature,