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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Girsky, GM vice chairman, Corporate Strategy and Business Development.

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Bring Back the EV1 Press Conference

Revenge of the Electric Car

Friday November 14th, 2008 - GM Training Center - Burbank, CA. Mr. Holden demanded the EV1’s immediate re-introduction before, or in exchange for, any Government bailout of GM. Holden demanded the EV1’s immediate re-introduction before, or in exchange for, any Government bailout of GM. said Holden.

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DOE Closes $465M Loan to Tesla Motors

Green Car Congress

The Palo Alto facility will assemble electric vehicle battery packs, electric motors, and related electric vehicle control equipment, both for Tesla’s own electric vehicles and for sale to other automobile manufacturers. The agreement was negotiated and signed by the Department’s Loan Programs Office. Energy Secretary Steven Chu.

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Comedy CAFE Clowns Crack Me Up

Creative Greenius

As I get ready this morning to head over to the Lutheran Church in Gardena to participate in this national day of service by helping to prepare meals for my less fortunate neighbors, I want to thank the auto industry for giving me a great laugh at their expense. Even MORE money for GM? Way to kill the audience, Greg.

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Bills in Virginia General Assembly Seek to Have Automakers Shield Auto Dealers from Financial Impact of Restructuring

Green Car Congress

These are opposed by the auto industry, which says automakers would face significant additional costs (billions, according to the Alliance of Automobile Manufacturers) if they decide to shut down a line of cars in their ongoing efforts to become more financially efficient and viable.

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