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

Green Car Congress

Elements of the new plan include: GM will sell or phase out the Hummer brand by 31 March, with a final resolution no later than 2010. While GM hopes to reach agreement with the Swedish government, the Saab Automobile AB subsidiary could file for reorganization as early as this month. GM Fuel Economy plans. Click to enlarge.

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Ferrari’s Plug-in Hybrid One-Ups the Combustion Engine

Cars That Think

liter V-8 shrieking, as technically advanced as any automobile engine ever. Which brings us to the Ferrari’s secret sauce: electricity. But even now, years before EVs can finally put ICEs out of business, automakers are finding that electricity provides performance benefits that are too good to pass up. The twin-turbocharged 4.0-liter

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

The Volt is, and always has been, more than than an electric car. GM will leapfrog Toyota and Honda by providing an electric car to the masses by the end of next year. Wired Home Subscribe Sections Cars 2.0 But it is a price that must be paid, and GM should be commended for remaining committed to the Volt. Thats short-sighted.

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