Tesla Motors fully repays $465 million federal loan nine years early

In a boost for the Obama Administration and controversial federal clean-tech programs, electric vehicle maker Tesla Motors (TSLA) announced it paid back its $465 million government loan nine years early. The U.S. Department of Energy oversees $34 billion in taxpayer-funded loans for 33 clean energy projects, and Tesla is the first American car company to pay back its loan. The DOE loans came under fierce criticism from Congressional Republicans in the wake of the high-profile 2011 bankruptcy...
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Tesla Motors fully repays $465 million federal loan nine years early

In a boost for the Obama Administration and controversial federal clean-tech programs, electric vehicle maker Tesla Motors (TSLA) announced it paid back its $465 million government loan nine years early.

News • May 23rd, 2013
Rick Martin new CFO of Quest Specialty Chemicals

Quest Specialty Chemicals announces new Chief Financial Officer.

Press Release • May 23rd, 2013
Sterling Autobody awards collision student scholarships and tool grants

Sterling Autobody has awarded $27,000 in collision student scholarships and tool grants through the Collision Repair Education Foundation.

Press Release • May 23rd, 2013
ICEE switches to SmartDrive Systems

Distribution and service operation equips entire fleet with SmartDrive Driving Skills programs to positively impact safety and fuel efficiency.

Press Release • May 23rd, 2013
Report: May new-vehicle retail selling rate expected to be 1 million units stronger than a year ago

Robust new-vehicle retail sales in May are the driving factor of returning total sales above the 15-million unit selling level for the month, according to a monthly sales forecast developed by J.D. Power & Associates' Power Information Network (PIN...

News • May 23rd, 2013
Bendpak-Ranger introduces Spanish language website

In an effort to better serve their growing international customer base, BendPak-Ranger recently launched a Spanish language version of their popular English website.

Press Release • May 23rd, 2013
Critical steps to safely lifting heavy duty work vehicles

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News • May 23rd, 2013
Maserati recalls certain models over rear tie rod assemblies

Recall to begin at the end of June.

Press Release • May 23rd, 2013
Automakers and dealers oppose bill to restrict sales and rentals of recalled vehicles

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News • May 23rd, 2013
Techno Tools refrigerant leak detection system certified to comply with ASHRAE standard

Circuit certified at a leak rate of less than one gram per year using R-1234yf.

Press Release • May 23rd, 2013
Three shops win 'Best of Bosch' car service contest

Winners visit Hendrick Motorsports in Concord, N.C.

Press Release • May 22nd, 2013
City of Springfield, Ill. converts 24 vehicles to propane autogas

City predicts annual fuel cost savings of more than $82,000 with propane autogas.

Press Release • May 22nd, 2013
Ace Tool training session: Innova Pro helps distributors serve new markets

Sales manager describes the company's Innova Pro line.

News • May 22nd, 2013
Mack mRIDE debuts at Waste Expo 2013

Mack mRIDE spring suspension said to have "real benefits for the refuse market."

Press Release • May 22nd, 2013
Distributors find product knowledge, education at Ace Tools national dealer expo in St. Petersburg, Fla.

Expo has its best showing ever in its third year.

News • May 22nd, 2013

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