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Keyword: usautoindustry

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  • Obama backs highway fund fix, touts 'talking' cars

    07/15/2014 7:13:04 PM PDT · by blueplum · 26 replies
    Reuters ^ | July 15, 2014 | Jeff Mason and David Lawder
    (Reuters) - President Barack Obama on Tuesday threw his weight behind a temporary fix for the depleted Highway Trust Fund during an event to tout his administration's work with the private sector to develop cars that communicate using wireless technology. The Republican-controlled House of Representatives was poised on Tuesday to approve a $10 billion infusion for the fund, enough to keep money flowing to road, bridge and transit projects at least through the end of May 2015. :snip: Obama weighed in on the issue shortly after taking a wild ride in a car simulator at a highway research center in...