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Browse Federal government articles

US government proposes increased fines on auto safety issues


The Obama administration has moved to promote the NHTSA substantially increasing the legal fine for an automaker that doesn’t reveal safety defects. While this move should act as a deterrent for the automakers, it’s at the moment still only a proposal – because it first needs Congressional approval and it’s still unclear if it could retroactively apply to General Motors as ...
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More Federal government articles

US government finds out it lost more money with GM
Back in 2009, General Motors was exiting its bankruptcy procedure as a clean “new” company, managing to save thousands of worldwide jobs. While Ford narrowly averted the same procedure and Chrysler ...
Report – Daimler receives government backing in refrigerant dispute
In the controversial dispute between Daimler and France, the German automaker has reportedly received the Federals Government support and they also would like to reform the EU's approval process for ...
Ally Financial posts Q4 profit as U.S. auto sales increase
Ally Financial, the biggest U.S. auto lender, posted a fourth-quarter profit as more consumers purchased cars and trucks. The company's net income was $1.4 billion, compared with a loss of $206 ...
Tesla reportedly needing more loans to survive in 2013
Tesla Motors will be in a very difficult situation next year without loans from the U.S. Department of Energy, MarketWatch reports. Without the hundreds of millions of dollars received by Tesla ...
General Motors and the federal government, or how taxpayers will lose big
We all know that back in 2008 General Motors was bailed out by the federal government. At that time the feds came with $49.5 billion; yes, a lot of money. In ...
GM, Ally Financial, AIG CEOs won’t get raises for 2012
Top executives at three companies including GM, Ally Financial and AIG were ordered to take pay cuts by the federal government. Overall chief executive compensation at GM, American International Group Inc. ...
Loans for Tesla Motors’s New Models
Tesla Motors Inc. Chairman and Chief Executive Elon Musk declared that the company is on the schedule with the terms of the loan from the federal government and that it ...
GM CEO advocates proposed fuel economy standards
General Motors' CEO Dan Akerson spoke highly of the Obama administration's deal with 13 major automakers to nearly double fuel economy standards to 54.4 mpg by 2025, saying it would ...
Federal government to buy electrics and smaller cars
The US administration will only buy vehicles using alternative energy sources to equip its fleet by the end of 2015, President Barack Obama announced Tuesday. In tandem with the president’s memorandum, ...

latest automotive news
Report – Volkswagen wants to revive Phaeton luxury car
With the core Volkswagen passenger car brand ordered to cut costs severely and raise profit, the company still managed to ...
Renault mulls production of 3,000 Alpine units per year
The French automaker has been long planning the reintroduction of its sports car division Alpine and now a Renault executive ...
FCA meets profit target, sees Ferrari spin-off and IPO this year
Fiat Chrysler Automobiles, the world’s seventh-largest automaker, reported a total profit for 2014 in line with internal guidance, but failed ...
New Red Bull yet to pass FIA crash tests
Jan.29 (GMM/Inautonews.com) 2014 runner-up Red Bull is reportedly pushing the boundaries with its readiness for the new season. Team boss ...
Screaming engines ‘important for F1′ – Heidfeld
Jan.29 (GMM/Inautonews.com) Former F1 driver Nick Heidfeld has lamented the loss of F1's familiar scream. Despite now racing an almost ...
Mercedes not expecting 2014-like domination – Wolff
Jan.29 (GMM/Inautonews.com) Mercedes team boss Toto Wolff is not expecting another season of utter domination in 2015. The German team ...
F1 insider claims Force India ‘insolvent’
Jan.28 (GMM/Inautonews.com) The latest team in serious peril is Force India, according to an insider. The Silverstone based team ...
Force India to sit out Jerez test
Jan.28 (GMM/Inautonews.com) Force India has announced it will sit out the first winter test of 2015. It was already known ...
2015 Infiniti Q70 gets large photo gallery
A lot of images with the recently unveiled 2015 Infiniti Q70 have been recently released by the Japanese based automaker. The ...
[VIDEO] Honda Civic Type R to debut in Geneva – official
The brand new Honda Civic Type R will be officially unveiled in a world premiere in March, during the 2015 ...
Alpine Vision Gran Turismo goes official
The wraps have been pulled off the brand new Alpine Vision Gran Turismo as the model will be offered as ...
New-gen Kia Sportage spied near the Arctic Circle
The South Korean based carmaker Kia is currently testing out the new generation of the Sportage as the model in ...
Ferrari 458 M spy shots
New spy images with the Ferrari 458’s successor, the so-called 458 M, are popping onto the web. There is no surprise ...
For sale – Crashed Lamborghini Huracan for 6,400 EUR
A crashed unit of the Lamborghini Huracan is currently looking for a new owner who will have to pay 6,400 ...
US: hot new cars to own in 2015
Smokin’ is the name of the game and scorching hot is the end result. This is the way we should ...
Jaguar XJ facelift playing in the snow
The flagship sedan made by Jaguar, the XJ, is getting ready to receive a minor facelift as a test mule ...
[VIDEO] One-off Pagani Zonda 760 Roadster
Another version of the Pagani Zonda has been recently spotted out, a brand new one-off Zonda 760 Roadster. Pagani said a ...
US: January is forecasted as a hot winter month for auto sales
The latest predictions from analysts and industry experts call for a seasonally adjusted, annualized selling rate of new cars and ...