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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 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.

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

Tony Karrer Delicious EVdriven

They only have that many models because they use the same chassis and drivetrain to build 3 different cars, one branded as a Chevy, the next a Pontiac, then a Saturn, etc. So my Saturn SC1 does the job great I am getting 35-38 miles on the Hwy and with over 232,000 miles and runs like a champ. The first VCRs were well over a $1000.00

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