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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. GM will have a total of 36 nameplates in 2012, down 25% from 2008 levels. million units (57.5

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GM Will Apply Plug-in Hybrid Technology To One of Its Remaining Four Core Brands, Delivery Still in 2011

Green Car Congress

Prototype Saturn Vue PHEV plugging in to a Coulomb Chargepoint ( earlier post ) in San Jose, CA. of Energy (DOE) and nonprofit Electric Power Research Institute (EPRI). of Energy (DOE) and nonprofit Electric Power Research Institute (EPRI). Click to enlarge. Earlier post.). Earlier post.). Earlier post.).

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GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac

Green Car Congress

As part of the new plan, GM will accelerate the wind-down or sale of HUMMER, Saturn and Saab to the end of 2009, and phase out Pontiac by the end of 2010. GM will offer a total of 34 nameplates in 2010, a reduction of 29% from 48 nameplates in 2008, reflecting both the reduction in brands and continued emphasis on fewer and stronger entries.

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Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

Non-core brand sales declined when compared with June as Pontiac dipped 7%; Saturn was down 21%, and HUMMER and Saab declined 26%. Some highlights: The all-new redesigned Prius mid-size gas-electric hybrid posted best-ever July sales of 19,173 units, up 29.7% over July 2008. over July 2008. compared to July 2008 results.

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AMP to convert 3 Saturn VUEs to battery electric powertrains for DTE Energy

Green Car Congress

will convert three of DTE Energy’s fleet Saturn VUE SUVs to battery electric powertrains. AMP, a company engaged in the conversion of new vehicles to full battery-electric drive, unveiled its all-electric conversion of the GM Chevrolet Equinox earlier this year. AMP Holding Inc. Earlier post.) Earlier post.).

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. In late 2008, BYD started selling the first production PHEV in China. First Escape PHEV delivered to SCE Nov 2007; 20 in 2008-2009. No announced plans.

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

Tony Karrer Delicious EVdriven

The Volt is, and always has been, more than than an electric car. GM will leapfrog Toyota and Honda by providing an electric car to the masses by the end of next year. I cant stand all these "GM killed the electric car" crap. Wired Home Subscribe Sections Cars 2.0 The Obama Administration doesnt understand that. you see that?

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