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advanced technology loans

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    Report: U.S. House votes to cut $1.5 billion from Federal advanced auto loan program     1316803680

    Early this morning, the U.S. House of Representatives voted to approve (291-in-favor, 27-against) a stopgap funding bill that cuts $1.5 billion from the Department of Energy's Advanced Technology Vehicles Manufacturing (ATVM) Loan Program. Republicans narrowly won support of a bill that funds ...

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    General Motors withdraws $14.4B loan request from DOE     1296143880

    Earlier today, General Motors announced that it is withdrawing its request for $14.4 billion in direct loans from the Department of Energy's (DOE) $25-billion program aimed at retooling factories for the production of fuel-efficient vehicles. GM's chief financial officer Chris Liddel, outlined ...

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