Green Car Congress
DECEMBER 19, 2012
General Motors today will purchase 200 million shares of GM common stock held by the US Department of the Treasury for $5.5 The share buyback is part of the Treasury’s plan, also announced today, to fully exit its entire holdings of GM stock within 12 to 15 months, subject to market conditions. billion, or $27.50
Green Car Congress
AUGUST 24, 2009
The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. GM began doing business in Brazil in 1925. GM was the first company in the Brazilian auto industry to provide 100% of its spark-ignited vehicles as flex-fuel.
Teslarati
NOVEMBER 30, 2021
Musk’s update was shared as a response to a post about GM CEO Mary Barra on Twitter. GM CEO Mary Barra has attracted a lot of attention recently due to US President Joe Biden declaring that the executive changed the automotive industry by leading the electric vehicle revolution. “This is true.
Charged EVs
MAY 31, 2022
Upcoming electric passenger vehicles and light trucks from GM get most of the attention, but its new commercial EV brand is a quiet and very serious push too. But very few consumers will come up with BrightDrop , the name GM has given to a new unit that builds electric commercial vehicles: full-size vans and even electric cargo containers.
Green Car Congress
FEBRUARY 22, 2010
announced that former GM executive Robert C. From 1994 to 2002, Purcell led the GM Advanced Technology Vehicles Group (GM ATV). In addition to his responsibilities at GM ATV, he also served as chairman of the GM-Ovonic Advanced Battery Joint Venture. Click to enlarge. Li-ion manufacturer Boston-Power, Inc.,
Green Car Congress
FEBRUARY 18, 2009
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
Green Car Congress
NOVEMBER 10, 2009
The Detroit News reported that GM has decided to produce the Cadillac Converj, an extended range electric vehicle derived from the Voltec platform. Cadillac included the Converj concept car at the 2009 North American International Auto Show. percent this year, the steepest decline among GM’s four core brands.
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