General Motors Corp. said Tuesday its Chevrolet Volt rechargeable electric car should get 230 miles per gallon of gasoline in city driving, more than four times the mileage of the current champion, the Toyota Prius. More Articles

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Michigan and Detroit's Big Three automakers will receive at least half of $2.4 billion in battery and electric vehicle grants that the White House is announcing today. Five teams in Michigan will receive $966 million of the $1.5 billion in battery manufacturing grants.

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President Obama will announce as early as Tuesday that he will combine California's tough new auto-emissions rules with the existing corporate average fuel economy standard to create a single new national standard, the officials said.

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So, why should the federal government care who it is that sells us our cars? There are two rationales offered. First, to preserve an "American" auto industry. Second, to preserve "American" jobs. The proposed Chrysler restructuring gives the lie to both rationales.

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Chrysler LLC's first-lien lenders are preparing another counter-offer to the U.S. Treasury that involves reducing the automaker's debt, sources familiar with the matter said on Thursday.

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Chinese leaders have adopted a plan aimed at turning the country into one of the leading producers of hybrid and all-electric vehicles within three years, and making it the world leader in electric cars and buses after that. More Articles

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The reductions reflect the wide reach of the plummeting automotive industry.

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Martin Winterkorn is on top of the world as he gets ready to lead Europe's largest automotive group into battle. "This crisis will really be a shake-out," the Volkswagen Group chief executive declares, as he is joined on stage by the artist Pink at a media event in Geneva.

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The Big 3's Survival.

For GM/Ford/Chrysler to survive they certainly have to innovate, but more importantly they have to cut costs.

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I lost my retirement and auto workers found it!

Well, if you work for, or have worked for, the big three car companies you have your retirement.

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Stop the Big 3 bailout!!

We must not spend anymore money to bailout the big 3.

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The auto giant said it sank into a loss for the fiscal third quarter and is forecasting more red ink for the full year at the tune of $3.85-billion net loss.

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Includes an embedded YouTube video of a live radio station performance and short interview.

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Just what we need someone who doesn't understand basic tax law running the IRS department telling US Auto makers how to run their businesses.

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What's wrong with the US Government's Electric Car Solution?

Why are we pursuing yet another fuel source, electricity; that could lead us right into the same situations that oil did?

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An excellent and heartwrenching story - partly a cautionary tale for all of our cities - partly one of courage and redemption that provides hope in darkening times.

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Imagine checking your Facebook account on your dashboard. It may soon happen, despite a rising tide of legislation banning the use of electronic gadgets while at the wheel, according to Ford. Great, just what we need... more distracted drivers!

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Analysts also predict that the era of expansion of foreign companies in the United States is probably over, as well.

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TOKYO (AP) — Toyota Motor Corp. said Thursday it is negotiating with its workers in Japan to slash salaries as it stops production to adjust to slumping global demand.

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So where will Foreign Transplants cut expense first? You guessed it... right here in the US.

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Forgive those of us who have been skeptical about the bailouts of Citigroup (NYSE: C), Bank of America (NYSE: BAC), and JPMorgan Chase (NYSE: JPM) if we continue to remain unconvinced about the lifeline tossed to GMAC.

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Caroline Kennedy and the Women of America

If anyone had stepped back and really took a look at Caroline Kennedy's situation and her desire to become the next Senator of New York, they would have noticed that how she handled the situation was completely out of character. In other words, her handlers screwed up.

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Save the Autos, not the Industry

Something painful happened to me this past Thanksgiving, something that I am not proud of at all. This past November 27th, I deeply hurt a good friend of mine. I met this truly outstanding companion back in 2001.

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Even as there seems to be a consensus that it's in the best interests of America to save the Big Two-and-a-half, there's a conflict about what the UAW ought to be forced to do in exchange for government assistance to the car companies.

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