GM withdraws requests $14.4 billion for energy loans;

GM has withdrawn a request for a $14.4 billion in energy loans from the United States government. Fuel efficient vehicles like the Honda Accord Hybrid can be purchased from Honda Dealers Washington. The money was to be be used to develop energy efficient and alternative energy vehicles by the company. Other alternative energy vehicles such as the Honda Fit Hybrid can be purchased from Honda Dealers Maryland. GM has decided to not to take out the loan because the company predicts growth over the next few years and it satisfied with the progress and recent performance over the past year. The Department of Energy is offering loans to companies for investment and development of alternative energy vehicles.

Salisbury Honda also sells Honda models which are fuel efficient. GM is looking to minimize its debts as a part of its long term plan for growth. Therefore, the company has decided to not take on more debt. Ford Motor Co. and Nissan both have utilized DOE loans to fund their own investment and research into alternative energy technology. The program was created in 2007 due to fuel economy standards being raised by the EPA and due to rising gasoline prices. The Obama Administration has also encouraged research into alternative energy to reduce dependency on foreign oil.

GM wants their balance sheet to have a small amount of debt so that most of the projects that the company begins can be self funded. GM is currently the second largest automaker in the world and it is expected that GM income could be anywhere between $4 to $7 billion per year. GM raised $23.1 billion from investors at its IPO and reduced the stake of the government in GM to 25 percent, down from 61 percent. The DOE loan application was submitted in October of 2009, soon after the company had filed for bankruptcy.

The All New Nissan Altima.

The 2011 Nissan Altima, like some of the sedans at Toyota Dealership Boston, is a front wheel drive four cylinder gas and electric Hybrid car with continuously variable trans axle. This Hybrid gets 198 horsepower at 5,200 rpm and 162 lb ft of torque at 2,800 rpm. EPA ratings for this Altima are set at 35 miles per gallon in the city and 33 miles per gallon on the highway. Along with that, the Altima Hybrid has independent strut front suspension and multi link rear suspension. It also has power rack and pinion steering, four wheel brake system, front and rear disc brakes and a tire pressure monitoring system. You can also find some of these features in the Mazda's at Mazda Bradenton.

This Nissan Altima has some really great exterior features. The Nissan Altima has some really great exterior feautres. These features incldue all season fornt and rear tires, rear defroster, key less entry, power door locks, heated mirrors, power driver mirror, power tilt sliding sunroof and a compact spare tire. Also for the exterior, other features include aluminum wheels, power windows, electrochromic rear view mirror, driver and passenger illuminated vanity mirrors and a sunroof wind deflector.

Interior features on the new Nissan Altima Hybrid include climate control, dual zone A/C, rear A/C, AM/FM stereo, CD player, cruise control, front floor mats, rear floor mats and a navigation system. Also for the interior, there are cloth seats, leather seats, adjustable steering wheel, intermittent wipers, premium sound system, satellite radio and MP3 player. If you think that's a lot, this Hybrid also has steering wheel controls, auxiliary power outlets, vehicle anti theft system, rear parking aid, front reading lights, a leather wrapped steering wheel and remote trunk release. This Nissan also comes with a wireless cell phone hook up, back up camera, key less start, auxiliary audio input and a hard disk drive media storage.

The Nissan Altima Hybrid also has just enough airbags. These airbags include driver airbag, passenger airbag, passenger airbag on and off switch, side airbag, side head airbag, rear head airbag and driver side head airbag. For financial help on buying a Hybrid, check out Bad Credit Car Loans for help.