Big Three, Fuel-efficient | featured news

(Image from article: "Ford, Nissan to Tap Federal Loans")

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GM drops U.S. loan application after turnaround

General Motors Co has withdrawn its application for $14 billion in subsidized loans from the U.S. Department of Energy, saying it has the financial strength to fund investment in more fuel-efficient and electric vehicles.

Ford, Nissan to Tap Federal Loans

The government is poised to disclose that Ford, Tesla and Nissan will be among the first beneficiaries of a $25 billion loan program to help develop fuel-efficient vehicles.

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