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

Green Car Congress

In the US, GM will focus on its core brands; Chevrolet, Cadillac, Buick and GMC. Pontiac will serve as a focused brand with fewer entries, within the Buick-Pontiac-GMC channel. Elements of the new plan include: GM will sell or phase out the Hummer brand by 31 March, with a final resolution no later than 2010. Click to enlarge.

Chrysler 150
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The New General Motors Launches; Lutz Unretiring

Green Car Congress

Created from the old GM’s strongest operations in an asset sale approved by the Federal bankruptcy court on 5 July ( earlier post ), the new GM is built on four core brands: Chevrolet, Cadillac, Buick and GMC. The four brands will offer a total of 34 nameplates by 2010, compared to old GM’s total of 48 in 2008 and 63 in 2004.

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Calif. Energy Commission to award more than $44M for hydrogen refueling and alternative fuel vehicle projects

Green Car Congress

Since March 2010, the Air Resources Board has issued more than 23,500 rebates totaling more than $46 million through its Clean Vehicle Rebate Project. will receive $14,997 for California Energy Commission membership in the California Plug-In Electric Vehicle Collaborative for three fiscal years, through 2014-2015. CALSTART, Inc.,