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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. range in subsequent years.

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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. Its dealers will be cut from the current level of 5,969 to 3,600.

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How to Get a Plug-In Hybrid

Tony Karrer Delicious EVdriven

At these prices, people are buying the "environmental feature" -- they want to be among the first owners of the worlds cleanest extended-range vehicles. Today youd do it to be one of the first to drive the worlds cleanest extended range vehicle; in the future, youll do it because its an obvious and affordable win!

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Fisker $80,000 Karma series luxury 50-mile range series PHEV, S Sunset convertible version.Partnering with Quantum Technologies. Establishing dealer network. General Motors Chevy Volt series PHEV, which it calls "extended range electric vehicle" (EREV), part of "E-Flex" multi-fuel platform. Newsweek ). Newsweek ).

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