Auto Industry Financing Purchase Stimulus 
Green Car Congress
MARCH 13, 2009
Ener1 said that customer interest in its lithium-ion batteries from all segments remained strong in spite of distress the auto industry and current recessionary economic conditions. year financing under the Department of Energy’s (DOE) Advanced Technology Vehicle Manufacturing Incentive Program (ATVMIP). million in 2007.
Green Car Congress
MARCH 14, 2009
Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Other key actions for lenders to take include: Provide Affordable Financing: The interest rate on loans to finance consolidation efforts should be set at lower lending rates. Laura Marcero.
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