Green Cars News
AUGUST 11, 2009
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.
Green Cars News
AUGUST 4, 2009
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. With few of us having the cash or credit to buy an expensive new addition, the bottom seems to have fallen out of the automotive industry which has been plunged into crisis.
Green Car Congress
MARCH 14, 2009
The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit.
Green Cars News
AUGUST 18, 2009
With General Motors and Chrysler also showing signs of modest improvement, all looked rosy. According to Knittel the results suggest that the programme is an expensive way to reduce carbon, although he does state that it is possible the stimulus benefits outweigh added environmental costs. So is this scheme green at all?
Tony Karrer Delicious EVdriven
APRIL 21, 2009
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.
Tony Karrer Delicious EVdriven
APRIL 16, 2009
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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