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

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6

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Update: Top 10 Electric Cars

Clean Fleet Report

has fully embraced EVs and, after years of teasing with snazzy concepts, the real hardware is for sale–and is selling well. Flash Drive: 2022 Chevrolet Bolt EUV ; News: GMC Hummer EV First Edition Sells Out ; Cadillac Lyric First Look. Based on sales reports, more than 500,000 plug-in vehicles have been sold in the U.S.

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Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Total sales worldwide in 2008 were 2 million vehicles. Outside of North America, 2008 was the second-best sales year in the last decade and the third-best ever for Chrysler International. In 2008, the Foundation gave approximately $21 million in charitable donations. New York 2009: The Scion iQ goes Big Wheels!

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. In late 2008, BYD started selling the first production PHEV in China. First Escape PHEV delivered to SCE Nov 2007; 20 in 2008-2009. Batteries not ready.

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