Tag: Government

By on April 9, 2013

 

Juan Barnett, aka DCAutoGeek, put together this infographic on “distracted driving” using NHTSA’s own data from their latest study. I’ll let you be the judge on the matter, but the numbers are straight from NHTSA itself.

By on March 15, 2013

“The only way to break this cycle of spiking gas prices — the only way to break that cycle for good — is to shift our cars entirely, our cars and trucks, off oil,”

So said President Obama during a speech in Illinois, where he outlined a plan to provide $200 million a year for 10 years to a fund that would promote the development of alternative fuel vehicles. The funds would be provided by royalties from oil drilling on the Out Continental Shelf.

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By on February 27, 2013

Tesla announced plans to pay down their $465 million dollar Department of Energy loan in 5 years or less, as Tesla seeks to achieve profitability.

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By on February 26, 2013

The U.S. Treasury has begun a sale of its remaining stake in General Motors, with a goal of selling its remaining shares by March 2014. Currently, the government owns more than 300 million shares in the auto maker, equivalent to a 19 percent stake.

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By on February 4, 2013

You think gas is finally getting cheaper? Cars that use less gas may be a bit more expensive, but save you money in the long run? Households in the United States spent a record amount on gasoline last year, the U.S. Energy Information Administration said on Monday. More of your income is going out and exhaust pipe than at any time since the 1980s. (Read More…)

By on January 24, 2013

Toyota’s Cambridge, Ontario plant will have the honor of being the sole facility outside Japan to produce hybrid Lexus RX crossovers. The announcement came alongside plans for an investment of $34 million investment from the Canadian government.

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By on January 8, 2013

GM is once again the top seller with government agencies, after losing that title to Ford over the past few years. A Bloomberg report based on a Freedom of Information Act request shows that GM sold 19,404 vehicles to the federal government in the fiscal year that ended September 30th, up 3.5 percent. Sales of Fords were down by 43 percent, to 10,734 vehicles.

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By on January 4, 2013

The Canadian government will put up $250 million as part of an “auto innovation fund”, a continuation of a 2008 program which the government claims led to over $1 billion in spending. (Read More…)

By on November 30, 2012

The government of Ontario is calling on the Canadian government to sell off its shares in GM, obtained as part of a bailout package for the automaker in 2009.

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By on November 29, 2012

Canada’s government is seen as reluctant to tackle the issue of climate change. Concerned Canadians have even taken to discussing how putting a Canadian flag on one’s backpack may be dangerous because our lack of environmental leadership has diminished our standing in places like Europe. Or at least that’s what one eco-conscious party guest told me, in between agitating for more bike lanes and asking for a lift home.

Since motorists and drivers are low-hanging fruit without any kind of organized lobby, our Conservative government has decided to offer up the automobile as a sacrificial lamb in the PR temple by implementing CAFE-style standards on Canadian vehicles. As we all know, CAFE is a deeply flawed system that rewards the bad guys. So why would Canada, a land of small cars and high gas prices, do this?

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By on October 19, 2012

Workers at an LG Chem plant in Holland, Michigan have already been put on furlough before a single battery has come off the line. Workers have three weeks of paid “work”, and one week off unpaid at the $300 million plant.

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By on October 19, 2012

How does the French government save an ailing car maker that employs thousands of people without actually bailing out the auto maker? By baling out their finance unit, of course!

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By on October 15, 2012

Automakers looking for a bit of a break with CAFE compliance can now get a 2 for 1 special on EVs.

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By on October 11, 2012

50 Cabinet ministers, judges and high ranking police officials in Israel were offered the choice of a new state car this past summer, and had the option of a BMW 528i or a Citroen C5. 28 of the 50, mostly cabinet ministers, picked the Citroen after a significant public backlash surrounded the BMWs.

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By on October 4, 2012

Viewers of last night’s Presidential debate may have caught Mitt Romney bad-mouthing Tesla and Fisker during his remarks. Meanwhile, Tesla’s new prospectus shows that they’re hardly out of the woods yet, financially speaking.

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