article thumbnail

Ford extends dealership EV investment deadline

Teslarati

Ford has announced that Ford dealers will have an extra month to consider before the deadline to invest in the brand’s EV future. In short, while the company sees the benefits of having such a widespread dealer network, the auto giant also wants to remain price competitive with new direct-to-consumer options.

Ford 143
article thumbnail

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

Green Car Congress

In the US, GM will focus on its core brands; Chevrolet, Cadillac, Buick and GMC. Pontiac will serve as a focused brand with fewer entries, within the Buick-Pontiac-GMC channel. GM’s dealer count is also projected to be further reduced, from 6,246 in 2008 to 4,700 by 2012, and to 4,100 by 2014.

Chrysler 150
article thumbnail

GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

previously announced The New GM will: Focus on four core brands in the US—Chevrolet, Cadillac, Buick and GMC—with fewer nameplates and a more competitive level of marketing support per brand. Reduce its dealers to approximately 3,600 from the current 5,969. An all-new Buick LaCrosse premium midsize sedan. Close: 31 Dec 2009.

GM 150
article thumbnail

Calif. Energy Commission to award more than $44M for hydrogen refueling and alternative fuel vehicle projects

Green Car Congress

The Energy Commission approved $18,690,000 in grants for projects that will expand the state’s fueling infrastructure for hydrogen fuel cell vehicles. These buy-down incentives are reserved for vehicle manufacturers or their designated dealers and passed on to buyers in California at the time of sale. Big Valley Ford, Inc.,

article thumbnail

New EV electric car calendar

EV Central

5 million government grant was awarded in the 2020/2021 budget to help set up Adelaide-based manufacturing facilities. Buick electric SUV – the Electra is only a concept for now, but expect the sporty high-rider to provide inspiration for an upcoming electric Buick.