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GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac

Green Car Congress

General Motors presented an updated Viability Plan that accelerates and deepens the cuts in US brands and nameplates, dealers, manufacturing operations and employees intended to enable GM North America to breakeven (on an adjusted EBIT basis) at a US total industry sales volume of approximately 10 million vehicles. billion in 2008 to $23.2

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

Green Car Congress

While GM hopes to reach agreement with the Swedish government, the Saab Automobile AB subsidiary could file for reorganization as early as this month. 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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Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

GM dealers delivered 189,443 total vehicles in July, a 19.4% Non-core brand sales declined when compared with June as Pontiac dipped 7%; Saturn was down 21%, and HUMMER and Saab declined 26%. Hybrids had an especially good month, with reported sales jumping 31.8% Hybrid gains were largely due to an increase in Prius sales (up 29.7%

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Establishing dealer network. Plans Saturn Vue PHEV-10. Aims to get Saturn Vue on road in 2010; no production goal. The electrification of the automobile is inevitable." This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). Ford Escape PHEV-40 around 2012.

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

Tony Karrer Delicious EVdriven

E-mail This Print Share Close Linkedin Digg Facebook Mixx My Space Permalink Automobiles , Efficiency , Energy Business , Energy Politics , General Business , The Environment , Transportation , chevy , electric cars , General Motors , obama , volt Related Posts From Green Inc. How about using a competition sailplane for comparison, instead?

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