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Ford Fairlane 500 #9232954

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    The Minister of Industry announced an agreement on assistance to the automotive industry

    September 15, 2008 THE CANADIAN PRESS The federal Minister of Industry Tony Clement announced Friday that Canadian and Ontario governments had agreed the terms of aid of about $ 3.3 billion to the Canadian automotive industry. Mr. Clement, the two governments have agreed to pay an amount of assistance which represents about 20 percent of the plan of U.S. $ 14 billion studied by the Bush

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  • GM will lend a free vehicle to a Chevrolet Volt owners worried

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    Quite recently, NHTSA has advised the management of General Motors that it opened a preliminary investigation on the Chevrolet Volt batteries which could be responsible for electrical fires occurred quellques weeks after crash tests performed as part of test security made annually by the National Highway Traffic Safety Administration (NHTSA). Here also communicates issued by GM this topic:

  • The automotive industry will require $ 50 billion of public loans

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    The American automakers want to request $ 50 billion of aid in the form of soft loans over three years to modernize their assembly plants and create a new generation of energy-efficient vehicles. Manufacturers have specified that these loans, two times the energy bill last year, are a priority of the Senate year in September, due to the declining health of their industry in Detroit and tighter

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