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Posted on 09.08.08 by Thomas L. Knapp
“Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles. … Lawmakers authorized $25 billion in loans in last year’s energy bill to help the companies build fuel-efficient vehicles such as hybrids and electric vehicles. With credit tight, automakers and suppliers now want lawmakers to come up with the money for the program — and expand the pool of money available to $50 billion over three years.” (09/07/08) Link: http://tinyurl.com/5zln7n Filed under: RRND News | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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