article thumbnail

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.

GM 150
article thumbnail

BrightDrop: GM’s silent push into electric commercial vehicles

Charged EVs

BrightDrop offers a fascinating window into the breadth of GM’s EV plans, though even many people in the auto industry know little about it. But an ongoing luxury revamp meant it could sell them at far higher prices, ensuring that the brand was consistently profitable. The BrightDrop Zevo 600. Photo courtesy of BrightDrop.

article thumbnail

Smart Move

Revenge of the Electric Car

Daimler is already working on a next generation battery pack developed with Evonik Industries AG. Fuel prices dropped dramatically as a result of the recession, and reviews of the 41-miles per gallon car took issue with its sluggish performance and clunky transmission. Smart sold 24,622 cars in the U.S.

San Jose 178
article thumbnail

Skylab: The Space Station That Fell on Australia

Cars That Think

Fifty years ago, on 14 May 1973, a modified Saturn V rocket launched from the Kennedy Space Center carrying Skylab, the United States’ first space station. Jeffrey Hall In the weeks leading up to Skylab’s reentry, a cottage industry of commemorative memorabilia emerged. got in on the action.

article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Plans Saturn Vue PHEV-10. Aims to get Saturn Vue on road in 2010; no production goal. By partnering with these two industries. Now Lutz envisions selling hundreds of thousands of Volts a year, probably priced below $30,000. Plans Cadillac Converj, Opel Ampera, other versions. Plans "large demonstration fleet" late 2009.

Plug-in 45
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

is hoping to launch the Volt in late 2010 with a price tag of about $40,000. ’s expertise on the auto industry in general, we are concerned that in its understanding of future pathways, it offers a flawed analysis and predictions based on business-as-usual,&# notes a posting on the California Car Initiative’s Web site.

Volt 42
article thumbnail

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

Tony Karrer Delicious EVdriven

But it is a price that must be paid, and GM should be commended for remaining committed to the Volt. They only have that many models because they use the same chassis and drivetrain to build 3 different cars, one branded as a Chevy, the next a Pontiac, then a Saturn, etc. Former vice chairman Bob Lutz said as much a year ago.

Volt 41