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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit? Our verdict.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. But if the scenario plays out in an uncontrolled fashion, every automaker will almost certainly lose production and incur steep financial losses. This would help automakers identify and support the most viable companies.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

In the US, Chrysler and General Motors fell into bankruptcy; while in Japan even its major automakers have been left reeling from significant profit falls. Late last week Japanese automotive giant Nissan unveiled its first production ready electric car – the Nissan LEAF (pictured). Turning over a new LEAF.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. and Chrysler struggle to come up with business plans that regulators will embrace.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.

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