article thumbnail

GM Brazil to Invest R$2B in Expansion and New Line of Chevrolet Small Cars

Green Car Congress

General Motors Brazil will invest R$2 billion (US$1.033 billion) to launch a new Chevrolet line of vehicles and to expand its plant in Gravataí, Rio Grande do Sul. Funds for the investment will partly come from the company’s cash flow and retained earnings in recent fiscal years—GM Brasil has been profitable since 2006.

Brazil 150
article thumbnail

GM, Politecnico di Torino and Regione Piemonte Enter New RD Agreement; Diesel Hybrids a Priority

Green Car Congress

The goal of the Institute would be to develop and deliver world-class research and education with a strategic focus on future alternative powertrains which have the potential to reinvent the automobile for the 21 st century.

GM 150
article thumbnail

NYT Editorial

Plug In Partners

Editorial Trying to Find the Road Ahead Published: January 24, 2006 W ith its bonds downgraded to junk and its market share on the ropes, Detroit's auto industry almost looks to be in a free fall.

article thumbnail

Interview with Chris Paine in the Whole Life Times

Revenge of the Electric Car

2006), and you’ll learn that those once-dead electric vehicles (EVs) are now exacting a shocking revenge. Paine was one of the first to lease a General Motors EV1 in 1997 — only to get the car wrenched away from him five years later when he took it in simply to get a brake light fixed. What happens to an electric car deferred?

EV1 100
article thumbnail

Electrified Blondes in Convertibles For Everyone!

Creative Greenius

Electric cars everywhere you looked, quiet as a mouse and making a total mockery out of General Motors, Ford, and Chrysler who could have been making these cars for the last decade, but instead had to be pushed to the brink of bankruptcy and shame-filled failure before they would start even talking about making these cars.

Convert 150
article thumbnail

Wall Street Report

Plug In Partners

FIALKA Staff Reporter THE WALL STREET JOURNAL January 25, 2006 DAVIS, Calif. -- In the 1950s, an aspiring Pasadena hot-rodder named Andrew Frank shocked the competition by powering his 1936 Ford with a Cadillac V-12 engine. "It Hybrid automobiles work with two engines. Saturn and a 200-horsepower electric motor.

article thumbnail

Big Science tools for clean transportation: neutron scattering at ORNL

Green Car Congress

First up is a quick look at the two advanced neutron-scattering facilities at Oak Ridge National Laboratory (ORNL) in Tennessee, which Green Car Congress recently had the opportunity to tour: the newer (2006) $1.4-billion billion Spallation Neutron Source (SNS) and the older (1965) High Flux Isotope Reactor (HFIR).