Archive for February, 2009

It appears now that there may not be a car czar after all. Instead the Obama Administration may set up a task force which reports to both Treasury Secretary Timothy Geithner and Lawrence Summers, chief of the National Economic Council, says the Wall…

The Obama Administration’s decision not to appoint some tough, experienced “car czar” to oversee the restructuring and financial viability plans of GM and Chrysler was predictable and foretold by a few executives and Capitol Hill sources in the past two…

DETROIT – This is probably a good thing. President Obama has decided, after months of speculation on who he’d name, to drop the idea of assigning a car czar to oversee the industry’s myriad problems including its lack of cash. Rather than place the future…

The vehicles owned by the Obama administration’s auto team could reflect one reason why Detroit’s Big Three automakers are in trouble: The list includes few new American cars. Among the eight members named Friday to the Presidential Task Force on the Auto…

President Barack Obama addressed Congress and the nation yesterday, giving words of hope and speaking of government action to react to economy-based needs. While the auto industry was but a small part of the overall speech, the President did cover many…

After two years of deliberating, a government commission tasked with finding solutions for U.S. highway and transportation problems says a tax on miles driven could be the answer. The commission wants a small device placed in every vehicle to record……

As President Barack Obama tries to ease the domestic auto crisis, a government-backed plan to help develop a greener U.S. auto industry has failed to launch, the New York Times reports. A $25 billion loan program run by the Department……

by Julian E. Barnes President Barack Obama announced today that he will pull the majority of U.S. military forces from Iraq by August 2010, fulfilling his campaign pledge to wind down the Iraq war — but leaving a substantial residual……