Posted by Tina
Battered by weak sales, declining market share and miserable credit ratings, Detroit’s Big Three automakers are now turning to the US government for help. General Motors Corp., Ford Motor Co. and Chrysler LLC will be launching a campaign in the coming days to secure at least 25 billion dollars in federal loans to help get past the current economic malaise. AFP
The GM Chevy Volt (pictured) is an electric car wth a gas powered generator back up to extend mileage. Production was to start by 2010. (Wikipedia)