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

Green Car Congress

GM has offered Saab for sale, and is requesting Swedish government support prior to any sale. Saturn will remain in operation for the next several years, through the end of the planned lifecycle for all Saturn products. GM will have a total of 36 nameplates in 2012, down 25% from 2008 levels. GM product plans.

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Saab to Separate from GM and Create Independent Business in Sweden

Green Car Congress

With an all new 9-5, 9-3X and 9-4X all ready for launch over the next year and a half, Saab has an excellent foundation for strong growth, assuming we can get the funding to complete engineering, tooling and manage launch costs. Jan Ake Jonsson, Managing Director for Saab Automobile. Earlier post.)

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Conference confirms plug-in fever

Plugs and Cars

Representatives of GM stoked the clamor for the Volt, and a Saturn Vue plug-in hybrid sat on the show floor. But neither car, GM execs made clear, will appear for sale on a showroom floor for more that two years. I will pay nothing for my 300 mile road trip.) Put the bumper sticker and your car and let everyone know.).

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Plug-In Hybrids (or Plugin Hybrids)

Tony Karrer Delicious EVdriven

Its like having a second fuel tank that you always use first -- only you fill up at home, from a regular outlet, at an equivalent cost of under $1/gallon. Lifetime service costs are lower for a vehicle that is mainly electric. At $3 for a gallon of gas, driving a non-hybrid car costs 8-20 cents/mile (depending on MPG).

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Plans Saturn Vue PHEV-10. Committed to sales of 10,000 or more vehicles in late 2010, with increasing production in 2011. Aims to get Saturn Vue on road in 2010; no production goal. We believe such production models could be available for sale in three years."Furia Plans Cadillac Converj, Opel Ampera, other versions.

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