Barack Obama

2011 Saab 9-5

Swedish Union Seeks President Obama’s Help To Save Saab?

Despite Saab having several suitors interested in purchasing the brand, paying off its debts and restarting production, no deal could ever be finalized and the automaker finally declared bankruptcy last December. The reason no deal could be finalized was because of GM’s refusal to allow any... read more

May 16, 2012 by
President Barack Obama

Automakers To Make 5% Annual Fuel Economy Gains Through 2016

Automakers are already fretting at the thought of achieving the new 35.5 mpg CAFE standards imposed by the U.S. government by 2016, and now the Obama administration has laid... read more September 16, 2009 by

2000 GMC Yukon

Obama signs $2 billion emergency funding for 'Clunker' program

That was quick. Just a month after President Obama signed in the $1 billion ‘cash for clunkers’ bill, and less than a week of it running, the program has already... read more August 7, 2009 by

2010 Ford Focus

47% of first 80,000 'cash for clunkers' sales from American brands

Ford may be the only American carmaker reporting a rise in sales for July, but Detroit's beleaguered trio didn't fare too badly - almost half of the fuel-efficient upgrades... read more August 3, 2009 by

2010 Mercedes-Benz S-Class

Foreign luxury carmakers could get loophole in upcoming fuel regulations

In May the White House unveiled a new fuel efficiency policy calling for 35.5mpg fleet averages by 2016, and almost immediately the carmakers began talking about how much it... read more July 31, 2009 by

Los Angeles Smog

EPA gives California and 13 other states waiver to regulate greenhouse gas emissions

The U.S. Environmental Protection Agency this week granted California a long-anticipated Clean Air Act Waiver. Under the plan, California - along with 13 other states - will... read more July 1, 2009 by

2000 GMC Yukon

President Obama signs in Cash-for-Guzzlers bill

The Cash-for-Guzzlers bill is just one of the incentives the government is trying to implement to bring the U.S. auto industry back to its pre-recession levels. Recently, the... read more June 24, 2009 by

White House

White House promises no more bailouts for Detroit 3

With accusations and hyperbole that the U.S. government's bailout of the Detroit 3 is a clear step towards socialism, President Barack Obama's automotive task force that has... read more June 11, 2009 by

GM dealership

GM plans major changes for remaining dealerships

General Motors already has plans to slash hundreds of its dealers late next year, but for the dealers who make it through the cuts it won't just be a case of 'business as... read more June 10, 2009 by

2000 GMC Yukon

House approves revised Cash for Clunkers bill

Earlier this year the original ‘Cash for Clunkers’ bill was rejected by the Senate because of research that showed the program wouldn't have made much impact on... read more June 9, 2009 by

U.S. Capitol Hill

Republicans and Democrats blame each other for GM collapse

The collapse of General Motors has seen some of the most divergent views on both politics and the automotive industry appear in recent times, and even though the collapse of... read more June 9, 2009 by

GM Cadillac dealer

GM planning to cut hundreds of metro Cadillac dealers

General Motors has already announced plans to slash hundreds of dealerships across its brand portfolio, and now it appears even high-end Cadillac dealers won’t be... read more June 8, 2009 by

Rick Wagoner Alan Mulally George Bush

Dick Cheney: Bush didn’t want to be the one to ”pull the plug” on GM

Earlier this week General Motors formerly announced that it had filed for chapter 11 bankruptcy but the truth of the matter is that the struggling automaker’s downfall... read more June 4, 2009 by

GM Cadillac dealer

Another round of dealer cuts imminent at GM

Just a couple of weeks ago General Motors revealed that it would be cutting ties with over 1,100 dealerships, and the bad news keeps coming for dealers as the struggling... read more May 31, 2009 by

GM American flag

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... read more May 23, 2009 by

Los Angeles

California already working on tougher fuel standards

President Barack Obama may have just taken the wraps off his new national fuel policy, but according to the state of California it’s not too soon to already begin work... read more May 21, 2009 by


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