$2 Billion More for Cash for Clunkers (Car Allowance Rebate System) – If you were thinking about trading in your clunker, you had better do it soon!

On Thursday President Obama signed into law H. R. 3435 supplementing $2 billion to the National Highway Traffic Safety Administration (NHTSA) of the Department of Transportation (DOT) for the Consumer Assistance to Recycle and Save Program. The CARS (Car Allowance Rebate System) program, or Cash for Clunkers as it has

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Will California become the new Michigan for automakers?

As money is being bled by General Motors, Chrysler, and Ford in Michigan, will new start-up companies in California emerge as major players in auto manufacturing? Electric and plug-in hybrids are the driving force…along with President Barack Obama and the Federal Government waving $2.4 billion to get the ball rolling.

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