Agent009 submitted on 5/14/2010 Auto Spies Photos Timestamp: 9:42:30 AM
Views : 7,132 | Category: Misc News | Source: | SOURCE: www.freep.com
The U.S. Energy Department said Thursday it was working "quite aggressively" on requests from General Motors and Chrysler for some $16.7 billion in loans to retool factories for more efficient vehicles.Both automakers had applied for loans from a $25-billion program set up in 2008, but were blocked from receiving them because of their bankruptcies and laws requiring companies that get the loans prove financial viability. So far, the Energy Department has only awarded $8.3 billion from the program to Ford, Nissan, Tesla, Fisker and Tenneco. 2011 BMW New Product Showcase2011 BMW 5-Series USA Production Photo Gallery2010 Hyundai Tucson Photo Gallery2010 Beijing Motor Show Photo Gallery2011 Ford Fiesta Photo Gallery2011 MB E-Class Conv. Photo Gallery2011 BMW X5 Photo GalleryAutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on FacebookRead Article
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"Normal is an illusion. What's normal for the spider is chaos for the fly."— Agent009 (View Profile)
"Normal is an illusion. What's normal for the spider is chaos for the fly."
— Agent009 (View Profile)
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