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Shanghai GM Aims to Reduce Fuel Consumption 15%, Improve Performance 14% by 2015; New Engines, Prototype New Sail Electric Vehicle

Green Car Congress

Shanghai GM has outlined the next phase of its “Drive to Green” product strategy—launched in 2008 ( earlier post )—for 2011-2015. The joint venture between GM and SAIC intends to reduce fuel consumption and CO 2 emissions by 15% while improving performance 14% by 2015. Advanced Powertrains. liter VVT engine and 1.4-liter

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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

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In conjunction with the start of Auto China 2014 in Beijing, GM China President Matt Tsien announced that GM’s China joint ventures will make capital expenditures of about $12 billion between 2014 and 2017. That investment will help GM step up its pace by funding facility and capacity expansion and new product programs.

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Perspective: A View Into the New GM

Green Car Congress

On 11 August, GM invited approximately 75 journalists and auto analysts to spend a day learning about the new GM. The day was split between a morning session at the GM tech center in Warren and an afternoon session at the GM proving grounds in Milford, MI. GM’s identify in the US starts with its four core brands.

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

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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. In the US, GM will focus on its core brands; Chevrolet, Cadillac, Buick and GMC. million units (57.5

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New General Motors officially launched

Green Cars News

The company has been created from the old GM’s strongest operations and is built on four core brands: Chevrolet, Cadillac, Buick and GMC. The four brands will offer 34 nameplates by 2010 compared to the old GM’s total of 48 in 2008. The old GM: 10%. UAW Retiree Medical Benefits Trust: 17.5%.

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Shanghai GM passes 10M cumulative vehicle sales mark

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Shanghai GM recently surpassed 10 million cumulative sales since its establishment in 1997. Shanghai GM’s first vehicle rolled off the production line just 23 months after construction of its manufacturing facility began. Within eight years, the GM-SAIC joint venture sold its 1 millionth vehicle.

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Can General Motors bounce back? The Green Piece

Green Cars News

The beleaguered automotive industry in the United States has taken its fair share of knocks over the last 12 months but none were more shocking than when one of the oldest and most well-respected brands in motoring – General Motors (GM) – slipped into bankruptcy earlier this year. How GM hopes to recover.