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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Citi is acting as financial advisor to GM. Tags: Brief.

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GM and Koenigsegg Sign Stock Purchase Agreement For The Sale Of Saab

Green Car Congress

General Motors Co. Saab Automobile plans to exit legal reorganization shortly. Conditions to close the sale include expected funding commitments with Swedish government support and guarantees, as well as transitional assistance from GM, as Saab becomes independent. Tags: Vehicle Manufacturers.

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Sichuan Tengzhong To Purchase HUMMER From GM

Green Car Congress

Ltd (Tengzhong) and General Motors Corp. GM had earlier announced the signing of a memorandum of understanding on the sale, without identifying the prospective buyer. In an earlier statement, GM said it expects the deal if successful to secure more than 3,000 US jobs. Citi is acting as financial advisor to GM.

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

General Motors Corp. reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. Pending approvals, the New GM is expected to launch in about 60 to 90 days as a separate and independent company from the current GM. Orion, Mich.

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Plug In 2008

Plug In Partners

Here's one of the announcements that came out of the conference : EPRI, GM, 34 Utilities Collaborate to Advance Plug-in Hybrid Electric Vehicles PALO ALTO, Calif. makes street-legal three-wheelers with a unique, aerodynamic design. Tags: manufacturers batteries utilities. Aptera, of Carlsbad, Calif.,

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Bright’s Plug-In Car: Aerodynamics Are Key

Revenge of the Electric Car

This new company, Bright Automotive , is founded by ex-GM EV1 people, and the super efficient Rocky Mountain Institute to make plug-in hybrids in Indiana. Waters worked on the battery for the General Motors EV1 and also worked at Ener1, which makes lithium-ion batteries. But it does have experience on its side.

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Comedy CAFE Clowns Crack Me Up

Creative Greenius

Bird Cage Liners article this morning: Asking carmakers to comply with California’s rules would be tantamount to forcing a cancer patient to “finish chemo and then go run the Boston Marathon,&# General Motors Corp. Even MORE money for GM? I KNOW you don’t want it in that worthless GM stock you keep printing.

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