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

Green Car Congress

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 Saturn will remain in operation for the next several years, through the end of the planned lifecycle for all Saturn products.

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BrightDrop: GM’s silent push into electric commercial vehicles

Charged EVs

BrightDrop offers a fascinating window into the breadth of GM’s EV plans, though even many people in the auto industry know little about it. Buick, meanwhile, was vitally important for the Chinese market, where today more than four times as many Buicks are sold as in North America. The BrightDrop Zevo 600.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Plans Saturn Vue PHEV-10. Aims to get Saturn Vue on road in 2010; no production goal. Visionary Vehicles Team w/Malcolm Bricklin (who brought the Subaru and the Yugo to America) aims for luxury PHEV. Lutz said GM is pushing to have Saturn Vue plug-in hybrid on the road by 2009. -- ( Autoweek ). "I I think that our No.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

“Any new technology like the Chevy Volt takes time to become profitable,&# said Jay Friedland, the legislative director for Plug-In America , an electric-car advocacy group. Currently there are only about 1,500 500 plug-in hybrids and 500 1,500 pure electric cars, according to Plug-In America. and Chrysler. .&# and Chrysler.

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

Tony Karrer Delicious EVdriven

"It is unreasonable to expect the Volt and any similar new technology to be immediately profitable when other technologies that started with a price premium, such as the Toyota Prius, became wild successes," said Chelsea Sexton, an advisory board member of Plug-In America. " The feds arent convinced.

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