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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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Convincing Consumers To Buy EVs

Cars That Think

Driver’s side view of 2024 Chevrolet Equinox EV 3LT. GM, though, is promising it will meet heavier towing requirements with its 2024 Chevrolet Silverado EV. Many in the auto industry are warning that realistic BEV range numbers under varying conditions need to be widely published , else risk creating a backlash against EVs in general.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Establishing dealer network. The electrification of the automobile is inevitable." Vice Chairman Bob] Lutz said he continues to be increasingly confident that GM will bring the range-extended Chevrolet Volt to market by 2010. "We GM is committed to putting the system in the Chevrolet Volt for sale by 2010, Lutz said.

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