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New GM expected within 90 days

Green Cars News

After months of speculation about its future, General Motors Corporation has reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a new smaller and self-sustaining GM. The New GM is expected to launch in 60-90 days as a separate and independent company from the existing General Motors.

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

General Motors Corp. Reduce GM’s total number of assembly, powertrain and stamping facilities in the US from 47 in 2008 to 34 by the end of 2010 and 33 by 2012. The New GM will have a number of key vehicle launches in 2009 and 2010, including: Chevrolet Camaro, with highway fuel economy of up to 29 mpg. Earlier post.)

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Partnering with Alcoa, Duke Energy, Google.org, Johnson Controls Indiana startup plans to unveil vehicle May 2009 at EVS-24 in Norway; mass production in 2012. Fisker $80,000 Karma series luxury 50-mile range series PHEV, S Sunset convertible version.Partnering with Quantum Technologies. Ford Escape PHEV-40 around 2012.

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