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

Green Car Congress

Saturn will remain in operation for the next several years, through the end of the planned lifecycle for all Saturn products. In the interim, if Saturn retailers or other investors present a plan that would allow a spin-off or sale of Saturn Distribution Corporation, GM would be open to any such possibility.

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GM Previews First Two-Mode, Front-Wheel-Drive Hybrid Transaxle

Green Car Congress

At the recent SAE 2009 World Congress in Detroit, General Motors engineers presented the first front-wheel-drive (FWD) iteration of their two-mode hybrid transaxle, termed the 2MT70 ( earlier post ), scheduled for its first application in the Saturn 2009 VUE 2-Mode Hybrid light sport-utility vehicle later this year ( earlier post ).

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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. But when you do, your car essentially becomes an electric vehicle with a gas-tank backup. Lifetime service costs are lower for a vehicle that is mainly electric.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

The Volt is, and always has been, more than than an electric car. GM will leapfrog Toyota and Honda by providing an electric car to the masses by the end of next year. GM is developing more fuel-efficient vehicles. Wired Home Subscribe Sections Cars 2.0 The Obama Administration doesnt understand that. Thats short-sighted.

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