Coulomb Technologies Announces First ChargePoint Network Availability for Electric Vehicle Drivers
Jan 6, 2009
SAN JOSE, Calif.--Coulomb Technologies today announced the first availability of the ChargePoint⢠Network for plug-in vehicle owners. Developed to be the worldâs easiest and yet most advanced vehicle charging infrastructure, the ChargePoint Network is designed to provide drivers of plug-in vehicles convenient ... Continue reading
GM Gets First $4 Billion; Chrysler Does Not - Yet
Jan 2, 2009
WASHINGTON, DC January 2, 2009: According to Harry Stoffer, writing for Automotive News, General Motors on Wednesday received the first $4 billion in emergency loans that the federal government has promised the automaker. Both GM and Chrysler had been scheduled to receive on Monday, Dec. 29, $4 billion from a total of ... Continue reading
Dec 26, 2008
Detroit, MI December 26, 2008; Chevrolet's Project Driveway program - the largest endeavor to put fuel cell vehicles on real roads - has reached several important milestones. According to Chevrolet Vice President and General Manager Ed Peper, GM now has more than 100 vehicles out on the road, and will have logged 500,0 ... Continue reading
2010 Chevrolet Equinox: A Compact Crossover for All Seasons and Lifestyles - VIDEO ENHANCED
Dec 22, 2008
Chevrolet unveiled the all-new 2010 Equinox, a compact crossover that blends distinctive design with outstanding efficiency. A new, 2.4L direct injection engine helps the Equinox deliver expected best-in-segment estimated highway fuel economy of 30 mpg (EPA certification pending) - a 25-percent improvement over the pre ... Continue reading
Canucks Kick in $3.3 Billion to Help Detroit Subsidiaries
Dec 20, 2008
TORONTO - December 20, 2008: Canadian Prime Minister Stephen Harper announced that the Canadian federal and Ottowa government will provide $4 billion (Canadian dollars) in emergency loans to their subsidiaries of General Motors and Chrysler. As in the U.S., Ford didn't request any specific financial assistance just a l ... Continue reading
Dec 19, 2008
SAN FRANCISCO - December 19, 2009: Nationally known radio talk show host personality Michael Savage has been making quite a loud argument this afternoon that the reason for President Bush's decision to; a) forego "free-market" principles (even though he is a "free-market" president) and to act socialistically, and b) p ... Continue reading
Statement By Cerberus Capital Management
Dec 19, 2008
NEW YORK, Dec. 19 -- Cerberus Capital Management, L.P. ("Cerberus") issued the following statement today: Cerberus is pleased that the Department of Treasury has delivered its proposal to provide assistance to Chrysler in the form of a $4 billion secured loan to Chrysler Holdings, LLC the proceeds of which will be made ... Continue reading
NADA Chairman Praises President Bush for Providing Automaker Relief
Dec 19, 2008
Auto Dealers Say Loans Will Allow Industry to Succeed WASHINGTON, Dec. 19 /PRNewswire-USNewswire/ -- The Chairman of the National Automobile Dealers Association, Annette Sykora, said President Bush's decision to provide domestic automakers with short-term loans gives "the shot in the arm we need to lead the economic re ... Continue reading
Pelosi Statement on White House Plan to Aid Domestic Auto Industry
Dec 19, 2008
WASHINGTON, Dec. 19 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi issued the following statement today in response to the White House plan to give General Motors and Chrysler a bridge loan while they restructure their companies to become viable: "The President's announcement this morning provides an opportunity for t ... Continue reading
GM Gets $9.4 Billion and Chrysler $4 Billion in Bridge Loans from U.S.
Dec 19, 2008
WASHINGTON - December 19, 2008: After a final late-night negotiation session, the White House has announced a plan that will provide $13.4 billion to two of the three Detroit Automakers with the possibility of an additional $4 billion in February. Some early details are confusing, with words making it sound like $13.4 ... Continue reading
Bush Now Appears to Favor an "Orderly" Bankruptcy for Detroit Three
Dec 18, 2008
AUTO CENTRAL - December 18, 2008: In a live televised interview this morning President Bush talked about an "orderly" bankruptcy as the solution for the three American automakers, as opposed to making any specific announcement or decision to try and take some of the funds from the $700 billion bailout package (or what ... Continue reading
Chevrolet Launches Beautifully Safe All-New 2009 Traverse in Abu Dhabi
Dec 18, 2008
Chevrolet's first entry into the crossover utility (CUV) segment marks the birth of the all-new Traverse, which was officially launched in the UAE at a major media ride & drive event along the scenic routes of Abu Dhabi in the same week of its regional debut at the 2008 Abu Dhabi International Motor Show. ... Continue reading
GM Chrysler Merger Talks Reopen
Dec 18, 2008
December 18, 2008; Ajay Kamalakaran writing for Reuters reported that General Motors (GM - News) and Chrysler have reopened merger talks, as Chrysler owner Cerberus Capital Management (CBS.UL) has signaled its willingness to give away part of its ownership in the auto maker, the Wall Street Journal said, citing people ... Continue reading
IIHS New Crash Tests: Small Cars Lag in Side, and Rear Impact Protection
Dec 17, 2008
New crash tests of small cars: good ratings in frontal tests but many models need better side and rear crash protection ARLINGTON, VA â Most new small cars now earn good ratings in frontal crash tests but not when it comes to side and rear crashes. The Insurance Institute for Highway Safety recently completed fron ... Continue reading
Eight Premieres For Cadillac, Chevrolet, GMC And HUMMER At The 2008 Abu Dhabi Motor Show
Dec 17, 2008
The Cadillac, Chevrolet, GMC and HUMMER car brands made a strong statement regarding the strength of their Middle East offerings by unveiling a combined total of eight new models on the first day of the 2008 Abu Dhabi International Motor Show (17-21 December). ... Continue reading
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