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

Green Car Congress

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. 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

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Plans Saturn Vue PHEV-10. Committed to sales of 10,000 or more vehicles in late 2010, with increasing production in 2011. Aims to get Saturn Vue on road in 2010; no production goal. We believe such production models could be available for sale in three years."Furia Plans Cadillac Converj, Opel Ampera, other versions.

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