Remove tag
Remove All-Electric Remove Dealers Remove GM Remove GMC
article thumbnail

GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. Pending approvals, the New GM is expected to launch in about 60 to 90 days as a separate and independent company from the current GM. GM Manufacturing Plans. General Motors Corp.

GM 150
article thumbnail

GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac

Green Car Congress

General Motors presented an updated Viability Plan that accelerates and deepens the cuts in US brands and nameplates, dealers, manufacturing operations and employees intended to enable GM North America to breakeven (on an adjusted EBIT basis) at a US total industry sales volume of approximately 10 million vehicles.

GM 150
article thumbnail

Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

All comparisons are by volume. GM dealers delivered 189,443 total vehicles in July, a 19.4% Large pickup retail sales began to recover in July with a 16% increase compared with June, driving total GM truck retail sales improvements of 12% when compared with the prior month. Passenger car sales dropped 10.6% year-on-year.

article thumbnail

New EV electric car calendar

EV Central

All the new electric cars, electric SUVs and electric utes arriving in Australia in 2021, 2022 and 2023. READ MORE: Every electric ute and pick-up coming soon! READ MORE: Every new electric car coming to Australia in 2022. V12 engine meets electric power for F1 pace. Subscribe now!

article thumbnail

2022 Chevrolet Bolt EUV: Chevy’s lowest-priced electric car gets a big brother

Charged EVs

US drivers see the Bolt EUV as a larger, better-equipped version of Chevy’s first modern electric car. That said, the Bolt EUV is an appealing small electric car at a reasonable starting price of $34,000. All prices include the mandatory destination fee. But the EUV first went into production last year in China—as a Buick.