President Barack Obama has proposed a funding increase for the National Highway Traffic Safety Administration that would boost the agency's funding by 9 percent to expand investigations into vehicle safety defects.
President Obama has proposed $478 billion in spending on transportation infrastructure over the next six years in his $4 trillion budget proposal.
President Obama used his State of the Union address to repeat his call to reform corporate taxes and spend some of the proceeds on a long-term highway bill.
President Obama signed into law two pieces of legislation extending alternative fuels tax credits and removing the federal Corporate Average Fuel Economy (CAFE) program credit cap for bi-fuel natural gas vehicles (NGVs).
President Obama has extended a tax benefit that increases small-business expensing and bonus depreciation, which would allow additional expensing for new vehicles and other equipment placed into service by the end of the year.
Mark Rosekind, a member of the National Transportation Safety Board since June 2010, becomes head of the National Highway Traffic Safety Administration.
President Barack Obama and Chinese President Xi Jinping have set a goal to lower carbon-dioxide emissions in the U.S. and China by 26 to 28 percent below 2005 levels by 2025.
The nation's largest group of medium- and heavy-duty truck drivers criticized President Obama's new fuel-economy rules, which they said would put the price of new trucks out of reach of many truckers.
President Barack Obama will direct federal agencies on February 18 to develop higher fuel economy standards for medium- and heavy-duty trucks over the next two years by March of 2016.
President Barack Obama has proposed setting up a federal energy security trust to fund development of alternative vehicle development by repealing subsidies to the oil and gas industry.