Cars
Obama Proposes Higher Incentives for Alternative Fuel Car and Truck Buyers
The current U.S. administration is committed to reducing car and truck fuel consumption and emissions. It has already managed to make major manufacturers agree on its 54.5 mpg Corporate Average Fuel Economy (CAFE) 2025 target. Yet President Barack Obama wants more American new car and truck buyers to opt for cleaner vehicles. Therefore, during his speech at the Daimler Trucks North America plant in North Carolina, he proposed increasing tax incentives for buyers of electric, natural gas and hydrogen-powered vehicles.
"We’ve got to continually develop new sources of energy", said Obama. "We’re not going to be able to just drill our way out", he added referring to the rising fuel prices which averaged US$3.76 on March 6, up from US$3.51 a year ago according to data provided by the American Automobile Association.
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Obama’s Ev Strategy And Energy Department Spending Questioned By House Panel
The Obama administration has put a lot of weight behind electric and alternative-fuel cars, offering tax incentives in order to increase their sales and reduce fuel consumption and CO2 emissions. According to a DetNews report, the chairman of the House...
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Obama Strikes Back Over Rising Fuel Prices, Accuses Republicans Of "liking Gas Guzzlers"
The election battle in the U.S. is heating up and the issue of increasing gas prices is at the agenda of both the Democrats and the Republicans. One of the three candidates for the Republican Party presidential nomination, House Speaker Newt Gingrich,...
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Man Proves To Newt Gingrich That You Can Put A Gun Rack In A Chevy Volt
It's amazing how fast people react these days. While campaigning in Suwanee, Georgia, a couple of days ago, Republican presidential candidate Newt Gingrich attacked President Barack Obama on his plans to increase subsidies for alternative fuel-powered...
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U.s. Administration Reduces 2025 Cafe Target To 54.5mpg, Gains Support From 5 Automakers
The Obama administration has, according to White House sources who wish to remain anonymous, the support of no less than five big automakers in its bid to reduce Corporate Average Fuel Economy (CAFE) and CO2 emissions in the US until 2025. The five...
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Obama Speaks At New Battery Plant, Tries Out Chevy Volt Driver's Seat
U.S. President Barack Obama had the chance to get behind the wheel -but not on the road- of the new Chevy Volt during a visit today at the Compact Power battery plant in Holland, Michigan. The new plant, which is being built by a U.S. unit of South Korea's...
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