Search Results for: 'A more fuel efficient vehicle, like a bike'

Economist: Fewer vehicle miles traveled is ruining America

The United States Federal government measures vehicle usage nationally and at the state level as “Vehicle Miles Traveled” or VMT. Instead of tracking traffic crashes, fatalities and serious injuries in absolute terms, traffic safety is generally measured in terms of VMT. Nationally, for example, we currently have fewer than 100 crashes per 100 million vehicles read more »

Federal bailout of U.S. auto industry

Executives from General Motors, Ford and Chrysler met with congressional leaders this week to get government handouts to keep their businesses afloat. McCain and Obama both have voiced their support for a proposed $25 billion corporate welfare plan. This bailout seems likely to pass in light of other investor bailouts this week as Republican and read more »