April 19, 2024
General Motors

General Motors could get a break from paying taxes

Perhaps this isn’t the best way to put it as it’s a bit rude and perhaps slightly uneducated but I have to admit to these being my first feelings towards a report on the situation at General Motors. After a few tight dodges of death, economy and so on GM managed to convince the U.S.

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Chrysler

Chrysler repays 1.9 billion to the U.S. Government

We all know that the news from Detroit’s Big Three don’t always come in to put a smile on everyone’s face and Chrysler is the one that has been seeing less of the good type lately. However, a recent announcement from the U.S. Government may be proof that the hope Sergio Marchionne has been talking

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Fisker

Department of Energy will loan Fisker 529 million dollars

Fisker Automotive will receive a loan totaling 529 million dollars from the U.S. Department of Energy for the development of tow plug-in hybrid electric-vehicles. This loan will provide Fisker with the resources needed to produce the Karma plug-in hybrid sedan and a line of family oriented models being developed under the company’s Project NINA program.

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