Staturday: Which Automakers Got Advanced Technology Loans?

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July 4, 2009 • 12:06 pm PDT
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The Department of Energy gave out the first part of it's advanced technology loan fund for automakers. Who got how much?

Ford: $5.9 billion (for improving the fuel efficency of Ford cars and trucks, including the Focus, Escape, Mustang, Taurus and F-150 pickup).
Nissan: $1.6 billion (for retrofitting an auto plant to build an electric sedan)
Tesla Motors: $465 million (for a plant in southern California to manufacture the Model S sedan)

Posted in: Business,; GOOD Blog

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