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Fed loans give efficient vehicles a big push

Jun. 23, 2009
Tesla Motors, the Bay Area's luxury electric carmaker, won $465 million in federal loans Tuesday to build two plants in California, as the Obama administration started doling out funds for fuel-efficient vehicles. Tesla joined Ford Motor Co. and Nissan North...
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Automakers given $8B in DOE loans

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Government fleet to buy 17,600 U.S. cars

WASHINGTON, April 10 (UPI) -- The Obama administration announced plans to buy 17,600 U.S.-made, fuel-efficient cars for the government fleet, steering help to the ailing auto industry.

Tesla Motors to build plant in California

SAN JOSE, Calif., Sept. 17 (UPI) -- Green-tech car company Tesla Motors Inc. said Wednesday it would construct a $250 million plant in San Jose, Calif., to build zero-emission luxury sedans.

GM to focus on plug-in hybrid vehicles

LOS ANGELES, Nov. 29 (UPI) -- General Motors Corp. intends to make a plug-in hybrid that will have double the fuel efficiency of any current U.S. sports utility vehicle.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch