Mr. Novotny is the man behind CASCAR, the Canadian stock car racing organization he founded in 1981 and sold to the U.S. NASCAR juggernaut last September. The acquisition is part of NASCAR's bid to buy growth and diversity in a rapidly-maturing domestic market.
In a speech at the General Motors plant in Oshawa, Ontario Premier Dalton McGuinty said the province would offer grants totaling $625 million for promotion of more efficient technologies throughout the auto industry. Canada's auto industry is the largest in North America and has been buffeted by the diminishment of the big American-owned automakers.
Despite lawsuits and protests by the auto industry, Governor Schwarzenegger has championed vehicle fuel efficiency standards that would result in a 30 per cent decrease in greenhouse emissions from cars in that state by 2016. Eleven other states, including New York, fed up with the Bush government’s inaction, have pledged to adopt the same standards.
Energy Minister Jim Rondeau said anyone who registers a gas-electric hybrid vehicle in Manitoba before Nov. 15, 2008, will get a $2,000 rebate cheque from the provincial government.
The deal also applies to anyone who registered a hybrid after Nov. 15, 2006.
"It's quite simple," said Rondeau, who pulled up to the news conference in a Ford Escape Hybrid.