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Obama Outlines Next Steps for GM and Chrysler

Green Car Congress

In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. President Obama. Chrysler, the President said, is “ more challenging ”. President Obama.

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4

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Automakers Support Obama Administrations Development of National Program for Reducing Carbon Emissions and Fuel Consumption

Green Car Congress

The US auto industry, via the Alliance of Automobile Manufacturers, is lining up to support a new national, harmonized program to reduce carbon emissions and fuel consumption that President Obama will announce on Tuesday, 19 May. Autos represent 17% of all anthropogenic CO 2 in the US, according to EPA.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

President Obama announced 48 new advanced battery and electric drive projects that will receive $2.4 Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Chrysler LLC. $70.

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GM on the brink…

Revenge of the Electric Car

It also said it had suspended merger talks with Chrysler to focus on its own increasingly urgent problems, brought on by higher gas prices, a weakening economy and tight credit — a combination afflicting the entire auto industry, but hurting G.M. Ford and Chrysler have been lobbying hard in Washington for more help.

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USCAR Argues for Continued US Funding of Hydrogen Fuel Cell Vehicle Research

Green Car Congress

the Obama Administration’s focus on nearer-term vehicle technologies to reduce. USCAR was founded in 1992 with the goal of strengthening the technology base of the US auto industry through cooperative research and development. A separate interim report by the National Research.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

With General Motors and Chrysler also showing signs of modest improvement, all looked rosy. Though the scheme proved so popular that the initial $1billion set aside for it ran out last month, auto sales only rose by 2.4 At least that was until analysts started to delve a little deeper. A money saving scheme that’s proving costly.