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

Green Car Congress

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. GM’s dealer count is also projected to be further reduced, from 6,246 in 2008 to 4,700 by 2012, and to 4,100 by 2014. GM will have a total of 36 nameplates in 2012, down 25% from 2008 levels.

Chrysler 150
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Solving the Electric Vehicle Charging Conundrum

Cars That Think

It might be 50 percent if you compare it to the absolute base stripped-down RAV4 that no dealer actually has. The main concern is purchase price or more likely, monthly payment. Fast forward to 2015, and we have largely blown through all of those predictions. GM has plans—for an electric Hummer of all things.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

It might be 50 percent if you compare it to the absolute base stripped-down RAV4 that no dealer actually has. The main concern is purchase price or more likely, monthly payment. Fast forward to 2015, and we have largely blown through all of those predictions. GM has plans—for an electric Hummer of all things.