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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6

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GM on the brinkā€¦

Revenge of the Electric Car

or any other automaker would have far-reaching consequences, given the millions of people employed by supplier companies, dealers and other small businesses that are dependent on the industry. November 8, 2008. Ford and Chrysler have been lobbying hard in Washington for more help. But a bankruptcy by G.M. Cash Is Its Best Hope.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

Posted by: Driver | Apr 14, 2009 4:32:54 PM The demise of GM - Ford - Chrysler - SELF INFLICTED! JUST TRYING TO MILK and Suck as much from the fall of the Auto industry as possible. JUST TRYING TO MILK and Suck as much from the fall of the Auto industry as possible. "New" technology is expensive.

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