Automotive Newswire

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Job Worth $2,807,692
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In what appears to be a somewhat controversial move, the Obama administration is expected to award a $730 million loan to OAO Severstal, a Russian steel manufacturer that will use the funds to upgrade its Dearborn, Mich., factory. $730 million divided by 260 resulting permanent jobs = $2,807,692.

Creating jobs via government sure is costly!

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Blog | Engineering | Front Office | Shop Floor

Regulatory: EPA Making Rules In A Vacuum
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In approving E 15 blends, the EPA ignored the warnings of experts, including the auto industry, which has warned that many owners of older cars – more than three years old – could easily damage their engines by using the spiked ethanol blend.

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