GM, Chrysler To Join Ford, Tesla in DoE Retooling Loan Queue

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May 17, 2010 | 11:20 AM

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GM, Chrysler To Join Ford, Tesla in DoE Retooling Loan Queue

Over the last year, the U.S. Department of Energy has granted almost $9 billion of low-interest loans to help automakers retool for more fuel-efficient cars. But until now, General Motors and Chrysler had been shut out while Ford, Nissan, and Tesla were awarded loans last June, joined by Fisker in September. According to a report last week in the...

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Last edited by Jazz; May 17, 2010 at 04:33 PM.