AM General Buys CNG Taxi Maker VPG

The builders of the original military and civilian Hummers, AM General, has shown little interest in alternative fuels before, but the military contractor has just acquired the Vehicle Production Group, makers of the MV-1 CNG-powered taxi.

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Government ATVM Green Loan Program Restarts

2012 was a year of political football for American automakers new and old, with Republicans and Democrats punting GM, Tesla, and Fisker back-and-forth before the presidential election. It got so bad that President Obama put a temporary hold on the Advanced Technology Vehicle Manufacturing green loan program, but that hold has been lifted and applicants are encouraged to apply once again.

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Despite Failures, DOE Green Loan Program Not Such A Flop

With recent high-profile failures of government-backed alt-fuel projects including Fisker Automotive and the Vehicle Production Group, one wouldn’t be blamed for thinking the green energy loan program was a flop. But a well-written analysis of the program finds that, despite incessant criticisms, the program did better than some people would have you think.

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