stimuluspackage

Vice President Joe Biden will be delivering a speech on the economic recovery efforts that have been implemented thus far at the NextEnergy Center in Detroit on Wednesday. The Detroit News is reporting that Biden will be using the occasion to announce the first round of battery research grants from ...

Bright automotive not only introduced the IDEA PHEV van in Washington recently, but they also asked for grants. Bright applied for two grants from the American Reinvestment and Recovery Act of 2009. The first one would be used to create a ...

As part of the Obama administration's $787 billion stimulus package, the federal government plans to spend $300 million to replace its current fleet of vehicles with more fuel efficient models. About $285 million of that amount will ...

Last month, Germany reported a shocking 21 percent improvement in auto sales, and the greatest driver in the uptick was a used vehicle scrapping plan that pays drivers 2,500 euros ($3,150) to remove their old car from the road. With new car sales in most other countries down by at least that much, ...

I heard a phrase on the radio yesterday that described the unappetizing way the stimulus bill was crafted in Congress this past week: emergency sausage. However it was crafted, the deed is now done. The overall impact of the bill is being covered by ...

With congressional leaders and the incoming Obama administration working on a new economic stimulus package, everyone is angling for a piece of the pie. That includes car and battery manufacturers. With politicians pushing hard for even more stringent fuel economy and CO2 regulations as well as ...

In the wake of the bridge loan to the General Motors and Chrysler last Friday from the TARP fund, US Senator Evan Bayh (D-IN) made a federal aid proposal of his own. Bayh is proposing that as part of a stimulus package early in 2009, Congress should include $1.63 billion in grants to help fund the ...