Posted on September 26th, 2011 • by Bill Cawthon
The Senate approved a deal late today funding the government until November 18 and replenishing depleted disaster relief funds. The resolution, which passed by a 79-12 margin, would end a stalemate that threatened to shut down the government, again, and shut off aid for victims of the worst string of weather-related disasters on record. However, [...]
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Posted on September 23rd, 2011 • by Bill Cawthon
Reuters is reporting that the Senate, by a margin of 59 to 36, has voted down a Republican spending bill that would have stripped $1.5 billion from the Advanced Technology Vehicle Manufacturing Program (ATVMP) that provides federally guaranteed loans to auto manufacturers and component suppliers for plant upgrades and improved automotive propulsion systems. The Senate [...]
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Posted on September 23rd, 2011 • by Bill Cawthon
The House of Representatives narrowly passed a bill that would strip $1.5 billion from the $4 billion Advanced Technology Vehicle Manufacturing Program (ATVMP) enacted during the Bush Administration. The action was included in legislation that would fund the federal government for another six weeks and provide $3.65 billion in disaster relief for states ravaged by [...]
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Posted on August 10th, 2011 • by Bill Cawthon
Ron Bloom, 56, President Obama’s “car czar” and top manufacturing adviser will step down at the end of August. The White House released a statement on Tuesday confirming earlier reports. He plans to return home to Pittsburgh to spend more time with his family but hasn’t announced any future career moves at this time. “For [...]
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Posted on May 31st, 2011 • by Bill Cawthon
Reuters reports that Canadian Finance Minister Jim Flaherty said the government is open to selling its 1.7 percent stake in Chrysler to Fiat, but is going to look for the best price. Speaking at a news conference at the Etobicoke Casting Plant yesterday, Flaherty said, “We have to look out for good value for Canadian [...]
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Posted on May 24th, 2011 • by Bill Cawthon
Chrysler Media has released the video of Sergio Marchionne’s speech at the Sterling Heights Assembly Plant. The video is broken up into three parts. Part One Part Two Part Three Read comments / add your own on the Allpar Forums
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