Tag Archives: Obama
Energy Secretary Steven Chu says “I would put every cent into electric cars”
U.S. Secretary of Energy Steven Chu is known for his tendency to speak plainly and bluntly, especially with regards to alternative energy vehicles and his support of electric and hydrogen vehicles.
Now, Biofuels Digest reports that at a recent meeting exploring alternative fuels, Chu said, “If it were up to me, I would put every cent [...]
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President Obama to visit GM’s Lordstown plant next week
President Barack Obama plans to make a speech at GM’s assembly plant in Lordstown, Ohio next week. While the White House won’t confirm the visit yet, officials said that the president is planning a trip as a part of a Midwest visit to talk about jobs and the economy.
Sources said that the president plans to [...]
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Obama’s Transportation Department appointees love speed cameras and tolls
During his 2008 campaign, Barack Obama made few statements on the subject of transportation. Now that he has taken office, Obama has a lot on his plate besides transportation issues. As such, he’s appointed to Ray LaHood as the Transportation Secretary of the United States to oversee transportation policy decisions. Only problem is, LaHood and [...]
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As you all know by now, when the ‘New GM’ comes out of bankruptcy court in 60 to 90 days the U.S. government will own 60 percent of the company. The Canadian governments will own 12 percent while the UAW will own 17.5 percent. GM bondholders will take a 10 percent stake.
Speaking earlier today to the [...]
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Obama confident GM can survive, GM borrows $4 billion more
As GM’s June 1 deadline winds down, the struggling automaker borrowed another $4 billion from the U.S. Treasury and won a cost-cutting deal from the Canadian Auto Workers (CAW) and United Auto Workers (UAW). However, GM still faces a huge showdown with bondholders, which will most likely drive the automaker towards bankruptcy at the end [...]
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California planning more ’stringent standard’ for mileage and emissions
California, home to Tesla Motors, is stepping up efforts to plan the next stage of clean air standards despite the fact that President Barack Obama announced his new proposal for fuel-economy regulations based on the state’s model.
“California will be immediately getting to work on what the standards should be for beyond 2016,” Mary Nichols, Chairman [...]
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Obama plugs his Ford Escape Hybrid, Alan Mulally smiles, other auto execs look on
While the U.S. government may be well on its way to owning a majority control in General Motors, President Barack Obama still loves his Ford Escape Hybrid. Announcing the new fuel-economy standards today in the Rose Garden of the White House, Obama stepped away from the podium and threw in a little plug for his Escape [...]
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Obama announces national fuel-economy standard at 35.5 mpg by 2016
President Barack Obama has announced new fuel-economy regulations in an attempt to reduce greenhouse gas pollution for all new cars and trucks sold in the United States. The standards will cover model years 2012-2016 and call for an average fuel-economy standard of 35.5 mpg by 2016 – an average increase of 8 mpg per vehicle.
The [...]
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Obama to unveil new fuel-economy standards tomorrow, calls for 35 mpg by 2016
Sources say that the Obama administration is ready to unveil a new fuel-efficiency policy that will resolve a dispute between California and the U.S. government over emissions.
The new proposal will run from 2012 to 2015 and will maintain a single national standard for fuel-economy. It will also give automakers flexibility for meeting the new standards.
Sources [...]
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White House: We have no desire to run GM or any auto company
Following the launch of General Motors more aggressive and revised restructuring plan, the White House said today that the government does not want to run the struggling automaker. In its updated restructuring plan, GM said today that it would give the U.S. Treasury 51 percent of the company.
“This administration and this government have no desire [...]
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2011 BMW 5-Series Touring officially unveiled
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2012 Ford Police Interceptor officially revealed, second utility model confirmed
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2011 Nissan GT-R prices start at $84,060
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2011 GMC Sierra Heavy Duty gets 6.6L Duramax diesel V8 and Denali trim
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BREAKING: Another runaway Toyota Prius in N.Y. smashes into a stone wall
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AMG unveils new 5.5L V8 biturbo, will debut in new S 63 AMG this summer
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Review: 2009 Porsche Cayman PDK is sporty but pricey
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Review: 2010 Cadillac CTS Sport Wagon, station-wagons can be cool
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First Drive: 2011 Infiniti M37 / 2011 Infiniti M56 are nothing short of impressive
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Review: 2010 Cadillac CTS-V shows Germany that Detroit can do high-performance saloons
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Review: 2010 Cadillac SRX take 2… 2.8L V6 Turbo
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Review: 2010 Volkswagen Golf TDI shows that fuel-efficiency can be fun
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Review: 2010 Buick Enclave continues brand’s renaissance movement
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