loans
UK Rejects Lotus Funding Request, Increases Uncertainty For New Models
Lotus has some very ambitious plans--too ambitious some might say--to launch up to six new models between now and 2015, as well as start in-house development of its own powertrains. Remember, this is a company that currently builds only a trio of very niche sports cars. Lotus is the first to admit...
Fisker Gets $528 Million From DOE For U.S. Production
Fisker's Karma plug-in hybrid electric sports sedan recently made its public driving debut on the curves and hills of Laguna Seca, and now the company has secured over half a... September 22, 2009 by Nelson Ireson 1
Germany says no to Porsche's request for aid
Porsche Automobil Holding SE, the company that owns Porsche AG and has sought a controlling interest in Volkswagen AG, will not be on the list of government loans in Germany... June 30, 2009 by Nelson Ireson 2
House passes bill to double DOE fuel-efficient vehicle fund to $50 billion
Former president Bush signed the $25 billion Advanced Technology Vehicles Manufacturing Incentive Program into life last year, but for the past 8 months, the U.S. Department... June 29, 2009 by James Martinez 1
U.S. DOE announces $8 billion in loans for fuel-efficient vehicles at Ford, Nissan and Tesla
President Bush signed the $25 billion Advanced Technology Vehicles Manufacturing Incentive Program into life last year, but for the past 8 months, the U.S. Department of... June 23, 2009 by Nelson Ireson 1
Ford: Government loans to Chrysler, GM saved the industry
It's easy to look at the bailouts and bankruptcies of General Motors and Chrysler as a big-government bonanza. Some even see tints of socialism in the loans and subsequent... June 15, 2009 by Alex Kaufmann 1
Volvo may receive lifeline from Belgian government
Despite Volvo being a Swedish company, the trouble-stricken carmaker may have to look to the Belgian government for financial aid to help keep it on its feet. Volvo currently... May 27, 2009 by Jeremy Weber
GM receives additional $4 billion in Treasury loans
General Motors received an additional $4 billion in loans from the U.S. Treasury late on Friday, while also reaching a cost-cutting agreement with the Canadian Auto Workers... May 23, 2009 by Ralph Hanson 2
Obama administration moves to boost biofuels with $787 million package
As the U.S. struggles to bootstrap itself out of one of the worst economies in decades, the federal government continues its spending spree, earmarking $787 million to... May 6, 2009 by Nelson Ireson
Bondholders consider increased debt-for-equity-swap as GM bankruptcy looms
GM's decline over the course of this year wasn't enough to convince bondholders and the UAW to grant any concessions, but recent reports that the carmaker was in... April 15, 2009 by Ralph Hanson 3
Suppliers only allocated $3.5 billion in aid, not $5 billion
In the first major sign that the U.S. government was keen on helping out the entire domestic auto industry and not just the Detroit 3 carmakers, the U.S. Treasury approved a... April 7, 2009 by James Martinez
Canada follows U.S. lead and rejects GM and Chrysler viability plans
Canada has followed the lead of the U.S. and rejected the respective viability plans of General Motors and Chrysler, claiming the plans do not go far enough in their current... March 30, 2009 by Viknesh Vijayenthiran 2
Obama, task force want to offer more help to U.S. industry
No one really knows what to make of the auto market right now, least of all the industry itself. Fiat is forecasting blue skies, GM is on the brink of failing to meet a... March 26, 2009 by Ralph Hanson
Department of Energy's $25 billion fuel-efficient vehicle fund still untapped
Last November, the Department of Energy issued interim rules for the use of a already-approved $25 billion loan package earmarked for the construction of more fuel-efficient... March 25, 2009 by Nelson Ireson
Ratan Tata asks British government to offer assistance to Jaguar-Land Rover
Warning of impending layoffs should government aid for Jaguar-Land Rover not arrive soon, Tata Motors Chairman Ratan Tata restated the need for government-sourced funds. An... March 24, 2009 by Kenneth Hall
Tesla reveals pricing for Model S, announces sale of 250th Roadster
Tesla's first all-original car, the upcoming Model S plug-in hybrid sedan, is due to be unveiled to the public in just a week’s time but the company has already... March 19, 2009 by Ralph Hanson 15
2013 Ford Shelby GT500: First Drive 
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2014 BMW X5 Spy Shots 
