10 Things American Should Know About the Auto Industry

List of 10 things American should know about the auto industry now that they own a part of it.

clipped from www.businessweek.com Ten Things The Taxpayer Should Know About The U.S. Auto Industry Now That They Own It As of the New Year, taxpayers will pretty much own General Motors, as well as Chrysler until that automaker is stripped or its assets flipped into GM. That’s because the market value of the two companies is less than the total amount the government is lending them to stay afloat, and because taxpayers are getting stock warrants in the companies equal to 20% of the loans.

President view on Green Cars

President Obama and Vice President Biden is pushing for a hybrid vehicle revolution.

clipped from evworld.com Thinking Green: A Way to Heal What We Have Destroyed SYNOPSIS: The Obama-Biden energy plan presages a hybrid revolution. Wouldn't you just love to pull up to the Citgo gas station on York Road to see the price for regular gas set at $0.90? Unfortunately, prices set that low currently can only be found in the Middle East. If you're not interested in moving any time soon, I suggest you take a look at "The Obama-Biden Comprehensive New Energy for America Plan." A Hybrid Revolution seems to be in the near future.