Friday, October 3, 2008

EU carmakers want $55 billion loan package


EU carmakers want $55 billion loan package


the Auto Industry in Europe are seeming help from the European Commission for a package loan

of 55 billion dollars for better fuel economy vehicles, according to the article the standards and

expections are higher because of the bigger loan. I think it's a good idea everybody is thinking

green instead of greed like they use to. I think this is a revolutionary investment towards the

future.

Big 3 scores in lobbying for bailout


Big 3 scores in lobbying for bailout!!!!



Chrysler LLC Chairman and CEO Robert Nardelli, Ford Motor Co. CEO Alan Mulally,

and ArvinMeritor Chairman and CEO Chip McClure were fighting at the white house to get some

kind of break from the 700 billion dollar bailout which includes a 1 billion dollar credit towards

consumer for plugins and fully electric cars, it will vary depending or the kind of electric charge.

The Chevy Volt will have a $7,500.oo tac break. I think this is a great idea because to me it's like

a promotion so people can get their hands on one.