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By
Derek Kreindler on March 15, 2013
“The only way to break this cycle of spiking gas prices — the only way to break that cycle for good — is to shift our cars entirely, our cars and trucks, off oil,”
So said President Obama during a speech in Illinois, where he outlined a plan to provide $200 million a year for 10 years to a fund that would promote the development of alternative fuel vehicles. The funds would be provided by royalties from oil drilling on the Out Continental Shelf.
(Read More…)
By
Ronnie Schreiber on March 15, 2012
Last week in a speech at Daimler owned Freightliner truck plant, President Obama said that the new 55mpg CAFE standards will save a typical American family $8,000 a year on gasoline. That would be great news to most American drivers if it were true but the president took political science and law courses in college, not math. Or maybe his math isn’t off. (Read More…)
By
Derek Kreindler on February 14, 2012
Republican Presidential candidate Mitt Romney published an op-ed in the Detroit News calling the auto bailout “crony capitalism on a grand scale.” Boasting of his Michigan roots, Romney takes the Obama administration and the UAW to task for what he suggests is a symbiotic relationship between the two that allowed the union to get stakes in GM and Chrysler. In short, nothing new from the man who is running an election that is a referendum on Obama’s presidency.
(Read More…)
By
Bertel Schmitt on November 17, 2009
As U.S. President Barack Obama landed in Shanghai for a weeklong visit to his largest creditor, China, the news awaited him that China’s Ministry of Commerce will investigate the U.S. government’s financing and rescue plans for the American auto industry, Shanghai Daily reports.
The move is part of China’s probe into possible dumping and subsidies on U.S.-made vehicles imported to China, the ministry said. Trade officials will be looking for dumping practices and for unfair government subsidies.
(Read More…)
Recent Comments
thelaine - bfb, I never even heard of the Manta until today, but after looking at the photo in the story and then more online, I very much agree. Bad...
Compaq Deskpro - Why do gay people drive such shit cars?
Xeranar - It sounds like it was an issue of two people who weren’t interested in building electric cars as much as building a company that builds electric cars....
blau - Oh yeah, I remember that car. It’s been a couple of years, I think, since I’ve seen it. Maybe it migrated to New York?
thelaine - “Studies had shown that there was a niche-market of around 80,000 units for such a car, and that it would be popular mostly among older...
billfrombuckhead - I thought the Manta was aimed at the Capri and I loved how the Manta looked. I’m sitting out in front of a bar in Helen Georgia...
Onus - Duuuude Look at my V DUBB its got RIIMMMZZZZZZZZZZZZ. Puke. Fantastic Article as Usual. I have fond memories of mk 1 or mk 2 Jetta that a neighbor...
doctor olds - @HDC- I agree with you that the UAW costs were the 800 pound gorilla on top of all the other issues. My statement is that there is a lot more to GM than just one...
campocaceres - There are 3 roundabouts that I navigate fairly regularly. I always thought they were easy and straightforward, but this is because I only ever encountered 1...
snakebit - No, it was with OEM tires front and back, and the two snow situations were commuter rides home when no snow was forecast, and we got short snow bursts 20...