Latest on May & Government
These are related news stories from the High Gear Media Network
-
Obama Administration Buys Electric Cars, Charging Stations
From
GreenCarReports.com | May 25th, 2011 The President may be currently abroad experiencing the horror of European ramps, but his government has been busy at home ordering the very cars its stimulus program has helped to fund. The General Services Administration responsible for the upkeep of the federal government’s 600,000 strong vehicle fleet has announced it will be buying 116... Read More -
Proposed CAFE Standards Makes Volkswagen Upset
From
CarNewsBreak.com | July 29th, 2011 Recently the United States government is looking to raise the Corporate Average Fuel Economy (CAFE) to 54.5 mpg by 2025. CAFE is defined as the required average fuel economy for an automobile manufacturer’s cars and light trucks. If a CAFE is lower than the standard, the company gets fined. This gives companies incentives to build fuel... Read More -
Chrysler Bounces Back From Bailout With High May Sales
From
CarNewsBreak.com | June 1st, 2011 In 2008, the financial crisis caused both General Motors and Chrysler to seek government bailouts in order to stay afloat. GM had to do some major restructuring, but prior to the bailout was fairly healthy to begin with. Chrysler on the other had was scrambling to stay afloat, even after the Chapter 11 reshuffling, having always been the... Read More -
GM Says More Government Money Not Needed--Though Rivals Took It
From
GreenCarReports.com | January 27th, 2011 Well, give them credit for resolve, anyway. General Motors said today it was withdrawing its applications to the U.S. Department of Energy for $14.4 billion of low-interest loans under the DoE's advanced technology vehicle manufacturing program. That's the program that so far has granted loans to Ford, Nissan, and Tesla in June 2009, and added... Read More -
Should The U.S. Lower Speed Limits In Order To Curtail Fuel Consumption?
From
GreenCarReports.com | March 11th, 2011 The recent spike in oil prices has got the whole world focused on fuel consumption, so much so in some parts that countries are lowering their national speed limits in an effort to reduce their national fuel consumption levels. One such country is Spain, which reduced its speed limit for cars from 75 mph to 68 mph. The move is expected to save... Read More
