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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

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

Here in San Francisco, we are acting now to make sure the charging infrastructure will be available to support these vehicles as soon as they are ready for sale, and we are working with other cities in the region to make the Bay Area a thriving market for electric transportation. Ed Peper, GM North America vice president, Chevrolet.

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A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

Facebook Digg Reddit Newsvine More evidence that we are approaching an exciting new frontier in the automotive industry will be on display today on Capitol Hill. Three years ago, the magazine Popular Mechanics even wrote an article prodding the auto industry for not building the 100 m.p.g. Right Now can be seen here.

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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 Department has also signed conditional commitments with Nissan North America, Inc. and Fisker Automotive.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

We believe such production models could be available for sale in three years."Furia The XHT is a new generation of plug-in hybrid drive train ready to multiply the gas mileage of any SUV or any standard sedan." ( Company PressRelease ) BYD Auto top 2/3/08 BYD Auto Co., By partnering with these two industries. Bloomberg ).

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