Remove tag
Remove Auto Remove Auto Industry Remove GM Remove Vehicles
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. auto market anytime soon , some U.S.

article thumbnail

GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. GM began doing business in Brazil in 1925. In 2008, it posted record annual sales (548,941 vehicles). Tags: Brief.

Chevrolet 280
article thumbnail

Federal Bankruptcy Court Approves GM Asset Sale to New GM

Green Car Congress

The approval marks a necessary step toward the emergence of GM from bankruptcy; the US Treasury has said it would halt funding to GM if the asset sale was not concluded by 10 July. will change its name to General Motors Company and continue to operate under GM’s historic corporate and sub brands. The old GM: 10%.

GM 150
article thumbnail

Obama Outlines Next Steps for GM and Chrysler

Green Car Congress

In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. The government will provide GM with “ adequate working capital ” for 60 more days to “ produce a better business plan ”.

Obama 150
article thumbnail

Li-ion Manufacturer Boston-Power Names Former GM Senior Executive Bob Purcell to Board; Expansion Into Transportation With a Focus on PHEVs and BEVs

Green Car Congress

In the transportation sector, Boston-Power is targeting its high-energy, long-life cells at plug-in hybrid and full battery electric vehicles. announced that former GM executive Robert C. From 1994 to 2002, Purcell led the GM Advanced Technology Vehicles Group (GM ATV). Click to enlarge. Purcell, Jr. Earlier post.)

Boston 210
article thumbnail

What up with GM's Plug-in hybrid Volt?

Plugs and Cars

"GM tries to unplug Volt hype" is not the headline I've been hoping to see out of Motor City this spring. But there it is in a Detroit News Autos Insider piece today. Just weeks after announcing production, perhaps, in 2010, the industry's hometown paper lets us know this is no done deal. And little came of a $1.5

Volt 100
article thumbnail

GM, Segway to Make Vehicle - WSJ.com

Tony Karrer Delicious EVdriven

Order a reprint of this article now APRIL 7, 2009 GM, Segway to Make Vehicle Article Video Comments more in Auto Industry News » Email Printer Friendly Share: Yahoo Buzz facebook MySpace LinkedIn Digg del.icio.us GM has slashed product-development programs, advertising and spending on auto-show events.

GM 57