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GM Makes Final $5.8B Payment to US and Canada; Investing $257M in Fairfax and Hamtramck Plants for Next-Gen Malibu

Green Car Congress

General Motors Company Chairman and CEO Ed Whitacre announced that GM has made its final payment of $5.8 billion to the US Treasury and Export Development Canada, paying back its government loans in full, ahead of schedule. billion to Export Development Canada) completes the payback of these loans. Today’s payment of $5.8

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GM adding two shifts, 2,500 Jobs to Detroit-Hamtramck Plant

Green Car Congress

General Motors is adding two shifts and about 2,500 hourly and salaried jobs at the Detroit-Hamtramck assembly plant to build the new Chevrolet Malibu mid-size sedan and the next-generation Impala large sedan alongside the Chevrolet Volt and Opel Ampera electric cars.

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Ford delays electric three-row SUV with new EV pickup arriving in 2026

Baua Electric

The American automaker sold 20,233 EVs in Q1 2024, topping rival General Motors with 16,425 electric cars delivered. Ford’s electric vehicle sales surged 86% in the first three months of the year, enough to secure second in the US EV market behind Tesla. Meanwhile, Ford said progress at its Tennessee EV plant is on track.

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EcoCAR Teams Roll Out Architectures; Plug-in Li-ion Packs and Renewable Energy Common Attributes

Green Car Congress

The 17 designs range from systems using on-board hydrogen fuel cells to full battery-electric vehicles. During the program, General Motors will provide production vehicles, vehicle components, seed money, technical mentoring and operational support. Extended Range Electric Vehicles (EREV).

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Ohio State University Takes Top Spot at 2009 EcoCAR Competition with EREV Design

Green Car Congress

University students from The Ohio State University earned top honors at the 2009 finals of the EcoCAR : The NeXt Challenge competition in Toronto, Canada for their design of a Extended Range Electric Vehicle (EREV). In the final year, teams must refine their vehicles to near-showroom quality.

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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

General Motors Corp. reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. Pending approvals, the New GM is expected to launch in about 60 to 90 days as a separate and independent company from the current GM.

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New GM expected within 90 days

Green Cars News

After months of speculation about its future, General Motors Corporation has reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a new smaller and self-sustaining GM. Tags: Chevrolet Green cars Latest news general motors GM New GM.

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