GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans
Green Car Congress
FEBRUARY 18, 2009
Elements of the new plan include: GM will sell or phase out the Hummer brand by 31 March, with a final resolution no later than 2010. Chrysler said that it plans on launching additional small, fuel-efficient vehicles as well as a breakthrough family of all-electric and range-extended electric vehicles. GM Fuel Economy plans.
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