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Shanghai GM Aims to Reduce Fuel Consumption 15%, Improve Performance 14% by 2015; New Engines, Prototype New Sail Electric Vehicle

Green Car Congress

Shanghai GM has outlined the next phase of its “Drive to Green” product strategy—launched in 2008 ( earlier post )—for 2011-2015. The joint venture between GM and SAIC intends to reduce fuel consumption and CO 2 emissions by 15% while improving performance 14% by 2015. Advanced Powertrains. liter VVT engine and 1.4-liter liters and 2.5

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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

Green Car Congress

China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales. Investments in GM’s quality growth will include the opening of five new manufacturing facilities by the end of 2015: four vehicle assembly plants and one powertrain plant. MPV sales will likely double to 2.8

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Perspective: A View Into the New GM

Green Car Congress

The morning session started out with an hour long press conference, the highlight being the unveiling of the Volt’s 230 mpg preliminary EPA city fuel economy finding ( earlier post ), as well as a tour showing selected elements from the studios of the four GM North American brands: Chevrolet, GMC, Buick and Cadillac.

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

Green Car Congress

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 Following the steep decline in US industry sales in December 2008 and January 2009, GM responded by further lowering its forecast for 2009 US industry sales to 10.5 million units (57.5

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Shanghai GM passes 10M cumulative vehicle sales mark

Green Car Congress

Shanghai GM recently surpassed 10 million cumulative sales since its establishment in 1997. In 2010, it became the first domestic automaker to sell more than a million passenger vehicles in a single year. In the first 11 months, Shanghai GM’s domestic sales increased 9.6% on an annual basis to a record 1,518,844 vehicles.

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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.,