/

Browse government loans articles

The Obama administration could revive the $25 billion auto loan program


According to U.S. Energy Secretary Ernest Moniz, the administration is considering reviving the moribund $25 billion auto loan program by revising lending criteria and seeking a new round of loan requests. The Advanced Technology Vehicle Manufacturing Program was created by the U.S. Congress in 2007, but hasn’t made a new loan since March 2011 and came under scrutiny after two of ...
Read more

related more
spacer
spacer

More government loans articles

Tesla will repay U.S. Energy Department loans five years early
Tesla Motors has announced it will repay the loans to the U.S. Energy Department five years ahead of schedule in a plan approved by the government. Tesla Motors received $465 million ...
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 ...
Tesla Motors asked to speed up government loan repayment
The U.S. Energy Department has asked Tesla Motors to speed up the repayment of its $465 million loan granted in May 2010 for developing electric cars. The California-based company, led by ...
Fisker Automotive: Senators question Fisker’s federal loan
Two Republicans from the U.S. Senate have asked the Obama administration to explain in detail why it approved a $529 million loan to startup Fisker Automotive. The letter questioned why Fisker ...
Chrysler expects $3 billion in operating profit in 2012
Chrysler Group is set to make $3 billion in operating profit in 2012 due to growing vehicle sales in the U.S., CEO Sergio Marchionne announced. The Detroit-based automaker expects global sales ...
Fiat willing to buy Canada’s Chrysler stock
Italian automaker Fiat says it would like to buy Canada's interest in Chrysler, as the resurgent company repays its multibillion-dollar government loans and moves back into the black. But after a ...
Chrysler financial: Chrysler to Repay Government Loans Tuesday
Chrysler is set to pay off its government loans on Tuesday, saving it more than $300 million a year in interest payments and allowing Fiat to raise its stake in ...

latest automotive news
Hamilton takes control of own management
Nov.1 (GMM/Inautonews.com) Lewis Hamilton is "scaling back" his deal with Simon Fuller, the entertainment manager famed for his involvement ...
Vettel to qualify in Austin ‘out of respect’
Nov.1 (GMM/Inautonews.com) Sebastian Vettel will make a brief appearance during qualifying on Saturday ahead of the US grand prix ...
Williams bosses absent from US GP
Nov.1 (GMM/Inautonews.com) Williams' two F1 bosses are missing in action this weekend for the US grand prix. It has emerged ...
Susie Wolff to extend Williams deal
Nov.1 (GMM/Inautonews.com) Susie Wolff will extend her deal with Williams into the 2015 season, according to the German newspaper ...
Tost wants to keep Vergne at Toro Rosso
Nov.1 (GMM/Inautonews.com) Toro Rosso boss Franz Tost has admitted he would like to keep Jean-Eric Vergne on board for ...
Boycott threat emerges as next teams face collapse
Nov.1 (GMM/Inautonews.com) Battle lines are being drawn as F1 reacts to the 'crisis' of collapsing teams. But Red Bull's Dr ...
Kobayashi in Austin to keep F1 dream alive
Nov.1 (GMM/Inautonews.com) Like his 2014 teammate Marcus Ericsson, Kamui Kobayashi has travelled to Austin without a formula one car ...
Test Drive: Mercedes-Benz GLA 220 CDI
The Mercedes compact family has a new member – the adventurous GLA crossover. That means the lower-end of the luxury ...
The Nurburgring has a new owner – Viktor Kharitonin
Russian billionaire Viktor Kharitonin has just purchased the famous German track, the Nurburgring. “The Green Hell” is where most carmakers go ...
Mazda2 Sedan going to Thailand Motor Show
Mazda will be officially pulling the wraps off a new body style of the Mazda2, the Sedan, at the 2014 ...
Mercedes-Benz CLA Shooting Brake spied once more
New spy photos with the new Mercedes-Benz CLA Shooting Brake have surfaced and they are showing the model in question ...
Mercedes-Benz GLE Coupe caught on camera
Our spy photographers have caught on camera recently the brand new Mercedes-Benz GLE Coupe while it was being tested out. The ...
Meet Karl – Opel’s new entry-level city car
The German based automaker Opel is planning to introduce a new five-door entry-level city car, called Karl, sometimes next year. Opel ...
Recall roundup: Fiat Chrysler Automobiles’ vans and SUVs for two separate problems
Fiat Chrysler Automobiles has announced two separate recalls which are covering several vans and SUVs in the United States because ...
Hyundai milestone: 10 million Elantras sold
The South Korean based automaker Hyundai has officially announced the selling of over 10 million units of the popular Elantra ...
Mercedes-AMG GT is almost sold out for 2015 and 2016 model years
The Mercedes-AMG GT has been almost sold out across the globe for the 2015 and 2016 model years. Even if it ...
Recall roundup: Ford Edge and Lincoln MKX
Ford has issued a recall for several Edge and Lincoln MKX vehicles because of a problem with corrosion. The North American ...
BMW M4 Special Edition GTRS4 by Vorsteiner going to SEMA
The aftermarket specialists from Vorsteiner have officially announced the official introduction of the BMW M4 Special Edition GTRS4 at the ...