Romney is claiming credit for auto industry’s turnaround
Seeking to earn support for his presidential aspirations, Mitt Romney did the most unlikely thing – taking credit for the turnaround of the auto industry. Romney was one of the largest... Read more
Rising gasoline prices may spell doom for Obama’s reelection bid
One of the issues expected to be tackled in the upcoming US presidential election is the gasoline price, which have been increasingly becoming unfriendly to the pockets of Americans. Even... Read more
Obama wants to own a Chevy Volt when term ends “5 years from now”
The Chevrolet Volt found a new fan in the person of the highest official of the United States of America, President Barack Obama. Of course the electric plug-in Volt is not the type of... Read more
Mitt Romney blasts US President Obama over 2009 Detroit bailout
Republican presidential frontrunner Mitt Romney has accused President Barack Obama of using the bailout of U.S. car manufacturers to enrich union supporters, impairing the auto industry's... Read more
Obama disappointed asian automakers from the Washington Auto Show
As soon as non-U.S.-based automakers such as Honda and Toyota learned that President Barack Obama would be attending the Washington Auto Show on Jan. 31 just two days before the date,... Read more
U.S. midwestern lawmakers, unions want restriction on Chinese auto parts
U.S. lawmakers and union groups from the Midwest are urging President Barack Obama to limit auto parts imports from China that allegedly gained from massive illegal subsidies and... Read more
Obama’s 2005 Chrysler 300C for sale on eBay with a starting bid of $1 million
A gray 2005 Chrysler 300C is being offered on eBay with a starting bid of $1 million, as reported by Automotive News. What makes this car so special is that it was once leased by 44th... Read more
GM is making more money than it has in its history but it’s still a headache for Obama
With General Motors Co. increasing its earnings and widening its market share, the Obama administration is in a dilemma and may be opening itself up to criticism no matter what it does.... Read more
Trade agreement approved by Congress hopes to see Koreans driving American cars
In the past week, the U.S. Congress approved a trade agreement with South Korea that according to President Barack Obama will result to South Korea residents “driving Fords and Chevys and... Read more
Obama says government’s aid to U.S. automakers “paid off” in saving the industry
President Barack Obama visited General Motors Co.’s Orion assembly plant together with South Korean President Lee Myung-bak to showcase a free trade agreement that the Congress approved... Read more
Obama, South Korea’s Lee Myung-bak to promote the pending trade agreement between the two countries
In support of the pending trade agreement between the U.S. and South Korea, the heads of these countries Obama and Lee Myung-bak will be visiting the Detroit area together on Oct. 14,... Read more
Barack Obama sets fuel economy target of 54.5 mpg by 2025
President Obama submitted a proposal to double corporate average fuel economy standards to 54.5 mpg by 2025. He made the announcement side by side with the chiefs of U.S. and import-brand... Read more
Auto industry pressing the Obama administration to reevaluate fuel economy standards
Before the rules become final, the Obama administration is being pressured by the auto industry to re-assess rules that may result to the U.S. fuel economy standards more than doubling by... Read more
President Obama announces initiative to develop new U.S. manufacturing jobs
President Barack Obama is making the government team up with universities and companies for the investment of at least $500 million in advanced technologies as part of an initiative that... Read more
US President Barack Obama will have to pay the congestion charge for ‘The Beast’
US President Barack Obama will not be exempted from paying the congestion charge in London for the passage of his security vehicle 'The Beast' through the city for his state visit,... Read more
Obama targets 1 million advanced-technology vehicles on U.S. roads by 2015
Eight years after President George W. Bush proposed a $1.2 billion program in 2003 to help develop fuel-cell cars and hydrogen storage and delivery systems, there still are no fuel-cell... Read more
Two Michigan congressmen seek to expand tax rebate coverage of EVs, hybrids
The day after President Barack Obama reiterated that he is committed to have 1 million EVs on the road within four years, two Michigan congressmen said that they are seeking to expand the... Read more
Federal auditors study if politics swayed GM decision on Dephi pension plan
Federal auditors are trying to determine if the Obama administration pressured General Motors to give more funding for Delphi Corp.'s pension plan for hourly workers. This audit is... Read more
U.S. government and California agree to merge timetable for fuel standards
Over complaints that California’s preliminary plan for 2017-25 fuel economy standards was too fast, the Obama administration and the state of California have agreed to a single timetable.... Read more
Obama’s auto adviser Ron Bloom in running for new manufacturing policy post
The Wall Street Journal reported that President Barack Obama is considering Ron Bloom for a new manufacturing policy post at the White House. Bloom is an architect of the auto industry... Read more
Obama passes law to require carmakers to comply with minimum sound levels
A bill that will require automakers to make sure that their approaching quiet cars can be heard by pedestrians (especially the blind) has been passed into law by President Barack Obama... Read more
Obama signs estate-tax provision as part of tax-cut package
President Barack Obama has recently inked an estate-tax legislation backed by the National Automobile Dealers Association that includes a provision that enforces a maximum 35% tax rate on... Read more
Obama hails U.S.-Korea free-trade agreement
President Barack Obama has been busy touting a free-trade deal between the U.S. and South Korea that gives new provisions for automobile imports. Instead of immediately or after three... Read more
Obama says that GM’s IPO shows that the auto industry is again on the rise
With General Motors Co.'s return to the stock market, President Barack Obama said that this is proof that the US auto industry is recovering and will continue to do so as taxpayers seek... Read more
US, South Korea leaders fail to agree on free trade deal, talks to continue
There’s still no free trade agreement between the US and South Korea; however, leaders from both countries said that the negotiators will continue talks to deal with US concerns that the... Read more
2011 Ford Explorer is an outstanding car, says Obama
In President Obama's opinion, the redesigned 2011 Ford Explorer is "an outstanding car. He checked out this car when he went on a tour last Thursday at Ford's Chicago assembly plant. Just... Read more
GM’s IPO is seen as a victory for Obama on auto bailout, report says
Both the supporters and critics of President Barack Obama will be focused on how successful General Motors Co.'s public offering will be. If GM would be able to stand on its own again in... Read more
GM planning to boost Chevy Volt output for 2012 by 50 percent to 45,000 vehicles
Because of buyer interest, General Motors Co. intends to boost 2012 production of its new Chevrolet Volt to 45,000 units from 30,000. GM disclosed the 50% production increase of its... Read more
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