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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

The New GM will incorporate the terms of GM’s recent agreements with the United Auto Workers (UAW) and Canadian Auto Workers (CAW) unions and will be led by GM’s current management team. Columbus, Ohio Close: 31 Dec 2009. These totals reflect GM’s recently announced plans to build a future small car in the US.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Bristol, TN Columbus, GA. Magna E-Car Systems of America, Inc. $40. Industry officials expect that this $2.4 billion investment, coupled with another $2.4 Technology.

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