Alternative Fuels | Car Throttle

No DOE Loans For GM, Chrysler

Wednesday, April 8, 2009

It wasn’t clear how the government’s rejection of GM and Chrysler’s “Viability Plans” would effect the seperate requests for funding under the Department of Energy loan guarantee program. Well, now we know: the answer is no. The legislation that created the loan guarantee program was created as a seperate program before the GM and Chrysler bailouts and before [...]