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New General Motors officially launched

Green Cars News

Some good news at last for the battered and bruised automotive industry in North America where the new, downsized General Motors Company emerged from bankruptcy yesterday. 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 old GM: 10%.

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Can General Motors bounce back? The Green Piece

Green Cars News

Its dive into the financial doldrums was short-lived however, and on July 10, 2009, the company bounced back with the formation of a new, downsized GM (see article ). Starting from 2010 its 2.4l Ecotec VVT I-4 will include E85 engines and the number of flex fuel models will increase from 17 in 2010 to 28 in 2012.

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The New General Motors Launches; Lutz Unretiring

Green Car Congress

The new, downsized General Motors Company emerged from bankruptcy Friday morning. Created from the old GM’s strongest operations in an asset sale approved by the Federal bankruptcy court on 5 July ( earlier post ), the new GM is built on four core brands: Chevrolet, Cadillac, Buick and GMC. UAW Retiree Medical Benefits Trust: 17.5%.