low-interest loans

GOP: Forest Fires Trump Fuel-Efficient Cars
GOP: Forest Fires Trump Fuel-Efficient Cars

Late in the administration of President George W. Bush, Congress created the Advanced Technology Vehicle Manufacturing loan program. According to Detroit News, some of the funds earmarked for that program are now being funneled away to fight forest fires. This is not a bad thing. As the name...Read More»

Chrysler headquarters
BREAKING: Chrysler To Repay U.S., Canadian Loans By June 30

Yesterday, we told you that Chrysler was on the brink of announcing a plan to repay its debts to governments of Canada and the U.S. Now, they've gone and done it: according to a Chrysler press release issued this morning, the repayment will officially take place sometime between now and June 30...Read More»

Ed Whitacre
Ed Whitacre's IPO Offense Explained

Many people probably missed Ed Whitacre's chatter about General Motors upcoming IPO. It happened smack in the middle of a very busy week, in the aftermath of "Voltgate". Heck, GM didn't even bother clarifying Whitacre's statements until Friday afternoon, when most sensible people were goofing...Read More»

Teaser for Louisiana's new VVC plant
V-Vehicle Misses Key Deadline, Forfeits $87 Million From Louisiana

Bad news for startup automaker V-Vehicle: the company has missed a crucial funding deadline, and as a result, it will forfeit $87 million in cash and incentives from the state of Louisiana for V-Vehicle's new plant in Monroe. As per an agreement with the state, V-Vehicle needed to demonstrate that...Read More»

Aptera 2e
Congress Speaks: Aptera 2e Now A Car, Not A Motorcycle

Since June of this year, the Department of Energy's Advanced Technology Vehicle program has awarded low-interest loans to encourage the development of next-gen cars. Ford, Nissan, Tesla, and Fisker got in on the action, but one outside-the-box company has been left on the sidelines: Aptera. The...Read More»

Alan Taub, General Motors head of Research and Development
GM's New Research Head: Our Five Favorite Quotes (Plus Bonus)

On October 1, Alan Taub will become VP of Research and Development at General Motors. It's a big job, not to mention that the company's historically independent R+D group was just made part of the Product Development group as GM starts to emerge from its recent bankruptcy with the aid of...Read More»

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