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Houses Passes Auto Industry Bailout; Oil Prices Continue to Drop
Houses Passes Auto Industry Bailout; Oil Prices Continue to Drop
On Wednesday evening, the U.S. House of Representatives passed a $14 billion government rescue bailout for the automobile industry . This plan would provide emergency loans to General Motors and Chrysler; however, Ford has stated it will not seek out federal loans. GM and Chrysler claim ...
GM hires bankruptcy lawyers - report - Dec. 11, 2008
GM hires bankruptcy lawyers - report - Dec. 11, 2008
money.cnn.com — NEW YORK (CNNMoney.com) -- General Motors has reportedly hired bankruptcy lawyers and restructuring consultants as lawmakers continue... to debate the terms of a possible bailout of the ailing automaker. The Wall Street Jou rnal reported late Thursday ... (more) GM hires bankruptcy lawyers - report - Dec. 11, 2008
US Sales of Hybrids Down 50% in November
US Sales of Hybrids Down 50% in November
greencarcongress.com — Monthly hybrid sales in November were the lowest since February 2006. Click to enlarge. Reported US sales... of hybrids dropped 50% in November to 16,571 units from November 2007—a volume slightly above that of November 2005. Overall light ... (more) US Sales of Hybrids Down 50% in November
GM delays Volt engine factory
msnbc.msn.com — General Motors Corp. has put the brakes on construction of a factory that will make engines for... two of its most important new products. (more) GM delays Volt engine factory
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Moms Invent Soy and Hemp Car Seats for Ford
Eco Child's Play — ... ?  It feels a lot like propaganda, but why do I think that only geeks in garages can invent cool things for the environment? Why do I distrust major companies, especially the American automobile industry to truly go green? ...

Vegawatt Adds to Restaurant's Power Menu
Matter Network - Clean Technology, Green News and Sustainable Business News — As the first winter snowstorms rake the Northeast, many people are giving thanks that the recent economic downturn has kicked off the new year with some of the lowest energy costs in recent memory. However, if 2008 showed consumers one thing, it's that prices in the oil market remain as volatile as ever. While costs are low now, price fluctuations still present a serious threat to budget conscious homes and businesses alike. ...

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Auto Industry Bailout News - The New York Times
topics.nytimes.com 12/5/2008 — There are growing concerns that the automakers' problems in the United States will weigh down their more successful units in Europe, Asia and Latin America. Dec. 15, 2008 The White House said it would consider dipping into the $700 billion financial ...
Presidential Auto Task Force Concluded Plug-In GM Volt Likely Too Expensive To Be Commercially Successful in the Short-Term
greencarcongress.com 3/31/2009 — Following the short address on Monday during which President Barack Obama outlined the next steps for GM and Chrysler ( earlier post ), the White House posted summaries of the Presidential Auto Task Force’s assessment of the business plans provided ...
Big Three Automakers Make Green Promises In Return For Bailout
environmentalleader.com 12/4/2008 — Last month when executives from General Motors, Ford and Chrysler went to Washington to seek a $25 billion public bailout, they traveled in luxury private jets. On the second trip, with the big three automakers asking for a $34 billion bailout, they ...
Obama Gives Ultimatums to GM, Chrysler. GM's Wagoner to Resign
greentechmedia.com 3/30/2009 — The Obama Administration has told Chrysler to link up with Fiat and GM that its CEO needs to take a hike.
Give us $34 billion to build green cars, Big Three say
nydailynews.com 12/4/2008 — DAILY NEWS STAFF WRITER Updated Tuesday, December 2nd 2008, 7:31 PM The road-hog Hummer and the iconic Pontiac GTO are on the endangered list as Detroit 's Big Three vowed Tuesday to build green cars and cut costs to appease Washington . General ...
Auto task force to visit GM, Chrysler today to check out their vision
autobloggreen.com 3/9/2009 — Now that President Obama had appointed the task force that will study the future of the auto industry in this country, its time for them to get to work. The team spent last week looking over the latest viability plans from General Motors and Chrysler. Today, Steven Rattner and Ron Bloom, ...
Detroit's Big Three Consider Bailout With Strings Attached - FOXNews.com Transition Tracker
foxnews.com 12/5/2008 — The Big Three automakers appealed to Congress for billions in emergency aid Thursday by touting overhauls to their business models, but skeptical lawmakers may be looking to impose even more-severe changes -- possibly including a corporate merger -- ...
Reliving Bankruptcy
theenergycollective.com 6/1/2009 — As GM files for bankruptcy today, I can't help thinking about my own experience with corporate bankruptcy 22 years ago. The Chapter 11 filing of Texaco, Inc. in 1987 still ranks among the top five non-financial corporate bankruptcies in the US. After adjusting for inflation and the likely ...
No DOE ATVM loan money for GM and Chrysler
autobloggreen.com 4/8/2009 — The same rules that could potentially end up keeping Tesla from qualifying for low interest loans from the Department of Energy Advanced Technology Vehicle Manufacturing Incentive Program are also keeping General Motors and Chrysler out of the running. In order to qualify for the loan ...
Should We Save General Motors?
aspousa.org 3/13/2009 — Should we save General Motors? Let me rephrase that. Suppose we must choose between salvaging American International Group (AIG) or General Motors (GM) but we can't save both. Put that way, there is no choice—clearly we must save the automakers, ...
Ford To Idle 10 Plants, GM Halting Construction Of Volt PlantGreen on HuffingtonPost.com 12/18/2008
DETROIT — Chrysler is closing all its North American manufacturing plants for at least a month, the starkest move yet taken by U.S. automakers as they anxiously await word about government loans. The shutdown comes as General Motors Corp. ...