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

Green Car Congress

Saab Automobile AB filed for protection under the reorganization laws of Sweden in order to reorganize itself into a stand-alone entity. The Viability Plan lowers GMNA’s breakeven volume to a US annual industry volume of 10 million total vehicles, based on the pricing and share assumptions in the plan. billion from 2010 to 2014.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

General Motors Chevy Volt series PHEV, which it calls "extended range electric vehicle" (EREV), part of "E-Flex" multi-fuel platform. Now Lutz envisions selling hundreds of thousands of Volts a year, probably priced below $30,000. The target is to come in at the price of a midmarket car. Plans Saturn Vue PHEV-10.

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