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GM outlines plans for China with 17 launches this year; developing advanced propulsion and electrification tech in China

Green Car Congress

General Motors discussed its future plans in China during a press conference in conjunction with the start of Auto Shanghai 2013. GM is also in the process of bringing Cadillac’s entire global portfolio to China, adding one locally produced model per year through 2016. —Gary Smyth. million units. —Bob Socia.

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GM to Acquire AmeriCredit for Approx. $3.5B

Green Car Congress

have entered into a definitive agreement for GM to acquire AmeriCredit, a leading independent auto finance company, in an all-cash transaction valued at approximately $3.5 Since GM and AmeriCredit launched a successful non-prime program in September 2009, GM’s non-prime penetration has increased significantly, according to the company.

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

Green Car Congress

A bill currently in the Virginia Senate ( SB 1410 ) would require manufacturers that stop producing a line of cars to buy back unsold cars from dealers, pay up to three years’ rent on the dealership and pay fair market value of the franchise up to its value two years ago. R-Warren, a lawyer who represents car dealers. Section 5c.)

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GM to cease manufacturing in Australia by 2017

Green Car Congress

The decision to end manufacturing in Australia reflects the perfect storm of negative influences the automotive industry faces in the country, including the sustained strength of the Australian dollar, high cost of production, small domestic market and arguably the most competitive and fragmented auto market in the world.

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Auto Industry's MPG Report Card, Dealer Dilemma, GM Mid-Size Pickups: Today's Car News

Green Car Reports

Today on Green Car Reports: The auto industry is making good progress in meeting gas-mileage goals, why dealers are a bottleneck for electric-car sales, and the 2015 Chevrolet Colorado and GMC Canyon mid-size pickup trucks are on their way to showrooms. All this and more on Green Car Reports.

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Hybrids take 7% of California market in 1H 2013; PHEVs 0.7%; EVs 1.1%

Green Car Congress

Source: California Auto Outlook. in 2012, according to the California Auto Outlook for the second quarter of 2013. California Auto Outlook is sponsored by the California New Card Dealers Association. Hybrid, plug-in hybrid, and battery electric vehicle share of the California retail market. Click to enlarge. Despite a 0.9

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AMP Unveils Electric Version of GM Equinox; Secret Sauce is the Drivetrain

Green Car Congress

AMP ), a company engaged in the conversion of new vehicles to full battery-electric drive, unveiled its latest all-electric conversion platform, the GM Chevrolet Equinox. AMP will have a formal unveiling, with demonstrations available, at the New York Auto Show, which commences on 2 April 2010. Steve Burns.

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