General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Tengzhong intends to purchase HUMMER through an investment entity, in which it will hold an 80% stake. Under the terms of the definitive agreement, the buyer will acquire the ownership of the HUMMER brand, trademark and tradenames, as well as specific IP license rights necessary for the manufacture of HUMMER vehicles.

Saab to Separate from GM and Create Independent Business in Sweden

Green Car Congress

As a result of GM’s strategic review of the global Saab business, the Saab Board announced today that it will file for reorganization under a self-managed Swedish court process to create a fully-independent business entity that would be sustainable and suitable for investment. As part of the process, Saab will formulate its proposal for reorganization, which will include the concentration of design, engineering and manufacturing in Sweden.

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

Green Car Congress

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 billion in Federal support for GM and $2 billion for Chrysler; deeper job and brand cuts; as well as product plans for the surviving versions of the automakers. million units globally) for viability planning purposes. GM has offered Saab for sale, and is requesting Swedish government support prior to any sale.

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VIDEO: Driving a Tesla-powered Smart

Tony Karrer Delicious EVdriven

Subscribe Green News Events Manufacturers Region New Cars Used Cars Filed under: EV/Plug-in , SMART , Tesla Motors , USA , Daimler VIDEO: Driving a Tesla-powered Smart by Domenick Yoney on Apr 24th 2009 at 2:09PM Tesla-powered smart fortwo Click above for a hi-res gallery When Tesla launched its amazing Model S a while back, it wasnt the only Tesla-powered machine supplying rides to attendees. 15 days ago AutoblogGreen for 03.31.09 I wish the thing was for sale as-is.

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Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day

Tony Karrer Delicious EVdriven

Subscribe Green News Events Manufacturers Region New Cars Used Cars Filed under: EV/Plug-in , Chrysler , Dodge , AutoblogGreen Exclusive , SAE World Congress Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day by Sebastian Blanco on Apr 22nd 2009 at 7:48PM Two months ago we went for a ride in the Dodge Circuit EV. We got to spend about 15 minutes in the car with John Myers, who works for Chryslers ENVI and was project lead on the Dodge Circuit EV.

Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Skip to Content Budget travel destinations for 2009 Autoblog AOL Autos Green Daily Gadling Engadget AutoblogGreen Autoblog Green Web Images Video News Local More → x Jobs Mapquest Movies Music Personals Shopping Travel Yellow Pages Send us a tip Contact us Advertise Corrections/Problems? Postal Service Minivan - Click above for high-res gallery Chrysler is celebrating Earth Day today by unveiling the first four of what will be a fleet of 250 battery-powered minivans for the U.S.

Greenlings: Benefits of charging stations vs. battery swaps vs. home charging

Tony Karrer Delicious EVdriven

Hit the jump for a comparison that includes plenty of pics and video. For instance, they may have solar panels on their roof or could, via their utility, opt for energy from renewable sources. Of course, everything has its drawbacks and one problem with charging at home is that it is not an option available for some city dwellers. Chrysler alone, for instance, may have 3 different battery pack shapes in its upcoming models. Let lenders compete for your business!

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