Remove Automobile Remove Dealers Remove North America Remove Saturn
article thumbnail

GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac

Green Car Congress

General Motors presented an updated Viability Plan that accelerates and deepens the cuts in US brands and nameplates, dealers, manufacturing operations and employees intended to enable GM North America to breakeven (on an adjusted EBIT basis) at a US total industry sales volume of approximately 10 million vehicles.

GM 150
article thumbnail

GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

While GM hopes to reach agreement with the Swedish government, the Saab Automobile AB subsidiary could file for reorganization as early as this month. Saturn will remain in operation for the next several years, through the end of the planned lifecycle for all Saturn products.

Chrysler 150
article thumbnail

Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

GM dealers delivered 189,443 total vehicles in July, a 19.4% Non-core brand sales declined when compared with June as Pontiac dipped 7%; Saturn was down 21%, and HUMMER and Saab declined 26%. Nissan North America reported sales for July of 71,847 units, a decrease of 24.6%. Monthly sales of hybrids. Click to enlarge.

article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Establishing dealer network. Plans Saturn Vue PHEV-10. Aims to get Saturn Vue on road in 2010; no production goal. The electrification of the automobile is inevitable." This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). Ford Escape PHEV-40 around 2012.

Plug-in 45