Republicans want to halve advanced technology loans, Chrysler's bid for funds in jeopardy

Filed under: MPG, Chrysler, Ford, Nissan, Legislation and Policy Republican leaders in the House of Representatives reportedly want to cut in half the balance of a U.S. government fund, the Department of Energy's Advanced Technology Vehicles Manufacturing (ATVM) Loan Program, that was set aside to help the automotive industry develop more fuel efficient vehicles. If the scheme to shift some $1.5...