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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

General Motors provided an image of the new Chevrolet Agile, a small car designed in Brazil and due to launch in that market in October. In 2008, it posted record annual sales (548,941 vehicles). GM was the first company in the Brazilian auto industry to provide 100% of its spark-ignited vehicles as flex-fuel.

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GM to buy back 200M shares held by US Treasury for $5.5B

Green Car Congress

General Motors today will purchase 200 million shares of GM common stock held by the US Department of the Treasury for $5.5 Government ownership of GM stock was the result of the auto industry rescue that began under President George W. Bush in 2008 and which was expanded by President Barack Obama in 2009.

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Remembering Lithium-Ion Battery Pioneer John Goodenough

Cars That Think

It later became the chemistry of choice for early electric cars including the 2008 Tesla Roadster. Twenty-five years later, the battery is gaining momentum in the auto industry as a means of reducing the cost of electric cars. Within the battery community, Goodenough is known for more than just lithium cobalt oxide, though.

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Bring Back the EV1 Press Conference

Revenge of the Electric Car

Friday November 14th, 2008 - GM Training Center - Burbank, CA. City Council Member, held a press conference demanding General Motors apologize to the American people for destroying the automaker’s EV1 plug-in electric vehicle. It’s a dishonest act on the part of General Motors.” said Holden.

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EcoMotors Names Donald Runkle CEO; Power Density as the Holy Grail

Green Car Congress

EcoMotors International, a Khosla-funded startup working to commercialize a diesel opoc (opposed-piston, opposed-cylinder) engine ( earlier post ), has named auto industry veteran Donald Runkle as its new CEO. EcoMotors was founded in 2008 by Prof.

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USABC awards Cobasys $8.4M for the development of high-energy density Li-ion cells and packs for EVs

Green Car Congress

SB LiMotive was established in September 2008 as a joint venture between Bosch and Samsung SDI. The focus of the project is to produce high-energy density cells and packs for electric vehicle applications to increase the current state-of-the-art battery-pack density by 50% in a three-year period. Cobasys, with two sites in Orion, Mich.,

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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

With a few exceptions, General Motors Company (GM), Ford Motor Company (Ford), and Chrysler Group LLC (Chrysler) have focused mainly on refining existing vehicles in 2012, rather than introducing new models or new versions of existing models. —“2012 Outlook: US Auto Manufacturers and Suppliers”.

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