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Auto industry responses to the bailout bill; what do you think?

When the U.S. Congress passed H.R. 1424 and President Bush signed it into law today, not everyone was paying attention to the part about plug-in vehicles. Sure, this got a little play - and green car sites like ours were on it - but what's a few $7,500 tax credits in a $700 billion bill? Still, there are a lot of parts to the bill (read one take here) to digest and we're happy to explore the green car-related details a bit. If you want to read the language in the bill yourself, you can find the full text here (do a text search for "plug" to ... Read more →

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