Top new models for SA

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Electric cars in SA

The debate on whether or not Electric Vehicles (EV) are viable in South Africa rages on.

Cars: Change we can't believe in?

2009-03-02 10:29

President Barack Obama's chief of staff is criticizing US car companies for relying too long on gas guzzlers and not investing enough
in alternative energy vehicles.

Rahm Emanuel also says the automakers have an outdated health care cost structure. He says the companies are making the kind of changes now that many people long had told them to make.

Obama's auto task force is trying to restructure General Motors and Chrysler by a March 31 deadline. If the administration fails to approve
their turnaround plans, earlier loans could be called back and the companies could be forced into bankruptcy.

GM and Chrysler have received $17.4 billion in loans, and are seeking an additional $21.6 billion.

Emanuel spoke on CBS television.


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