Teslarati

MARCH 24, 2024

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.

Auto Industry 139

Auto Industry BYD Auto Industrial 139

Green Car Congress

OCTOBER 13, 2009

General Motors Company is investing more than $230 million in four GM plants in the greater Flint, Michigan area to support the production of the fuel-efficient 2011 Chevrolet Cruze and Volt extended range electric vehicle. four-cylinder engine generator for the Volt and the 1.4L Tags: Brief.

Volt 199

Volt GM General Motors Production 199

Green Car Congress

AUGUST 3, 2010

Bright Automotive, the developer of the purpose-built, plug-in hybrid IDEA ( earlier post ), and General Motors Co. GM has provided funding to the Indiana automaker, the first funding action by the newly formed General Motors Ventures LLC ( earlier post ). Jon Lauckner, president of GM Ventures.

Bright Automotive 207

Bright Automotive GM PHEV General Motors 207

Green Car Congress

DECEMBER 28, 2009

GM will retain 100% ownership of the R&D center in India. SAIC and GM-US formed a 50:50 joint venture investment company called General Motors SAIC Investment Ltd (GMSIL), which will be based in Hong Kong. GM’s domestic market share is less than four per cent. Tags: Brief. Business Standard.

GM 186

GM India General Motors Chevrolet 186

Green Car Congress

JUNE 22, 2010

General Motors is creating a new regional organization to meet rising customer demand in South America. GM South America will be headquartered in Sao Paulo, Brazil and will be led by Jaime Ardila, currently president and general manager GM Mercosur. GM South America currently has 29,000 employees.

South America 186

South America America GM Paraguay 186

Green Car Congress

OCTOBER 28, 2009

Fisker Automotive has selected the GM Wilmington Assembly plant in Wilmington, Delaware for production for Project NINA, the development and build of a family-oriented plug-in hybrid sedan costing about $39,900 after federal tax credits. Fisker Automotive has signed a letter of intent with Motors Liquidation Co. Earlier post.).

Fisker 186

Fisker GM Tax Credit Production 186

Green Car Congress

FEBRUARY 12, 2010

Representatives of General Motors Company in Korea and UzAvtoSanoat of Uzbekistan signed a Memorandum of Understanding (MOU) in Seoul, Korea, for their GM Uzbekistan joint venture to launch the production of a new small vehicle mainly destined for emerging markets. Tags: Brief.

Uzbekistan 186

Uzbekistan Chevrolet GM Russia 186

Green Car Congress

JUNE 30, 2009

General Motors will not retain its ownership stake in its New United Motor Manufacturing Incorporated (NUMMI) joint venture with Toyota. After extensive analysis, according to a statement issued by GM, the two companies could not reach an agreement on a future product plan that made sense for all parties.

GM 150

GM Toyota General Motors United States 150

Green Car Congress

SEPTEMBER 29, 2010

General Motors will invest $23.5 million for additional production of vehicle electrification components on the site of the Baltimore Transmission Plant, site of its electric motor manufacturing facility the first in the US to be operated by a major automaker. We’ll have more to say about specific products later.

Baltimore 170

Baltimore GM General Motors Vehicles 170

Green Car Congress

OCTOBER 28, 2010

General Motors will invest $190 million in its Lansing Grand River assembly plant for the production of a new Cadillac model. billion and more than 7,900 jobs that GM has created or retained in 21 US plants since emerging from bankruptcy in July 2009. Tags: Brief.

Cadillac 186

Cadillac GM 2001 General Motors 186

Green Car Congress

SEPTEMBER 10, 2010

an Ann Arbor-based developer of next-generation lithium-ion batteries, announced the combined investment of $4.2M by General Motors Ventures ($3.2 million) and Itochu Technology Ventures to advance the firm’s manufacturing capabilities. Sakti3, Inc., Earlier post.)

GM 218

GM Companies Batteries Battery 218

Green Car Congress

SEPTEMBER 10, 2009

Ending what had extended into a longer-than-expected process of deliberation and negotiations, the Board of General Motors announced its support for a bid from the consortium of Magna International Inc. All parties will work hard to close the deal as soon as possible —John Smith, GM Group Vice President Business Development.

GM 170

GM International Global Parts 170

Green Car Congress

DECEMBER 4, 2009

China domestic sales of SAIC-GM JVs and milestones. GM and SAIC JVs have sold more than 6.3 They are growing their presence outside mainland China with the launch of an investment joint venture in Hong Kong and a new joint venture for the production and sale of Chevrolet brand vehicles in India. Source: GM.

India 170

India Asia GM Commercial 170

Green Car Congress

JULY 6, 2009

Judge Robert Gerber of the US Bankruptcy Court for the Southern District of New York approved the sale of substantially all of General Motors Corporation’s assets to NGMCO, Inc., will change its name to General Motors Company and continue to operate under GM’s historic corporate and sub brands. The old GM: 10%.

GM 150

GM Sale General Motors Davis 150

Green Car Congress

NOVEMBER 3, 2010

SAIC Motor Corp., SAIC) and General Motors Co. (GM) GM) signed a non-binding memorandum of understanding (MoU) on strategic cooperation. In the first ten months of 2010, SAIC and GM’s Shanghai GM (SGM) joint venture sold about 843,000 vehicles in China. It has already reached this mark in 2010.

GM 218

GM Energy Vehicles 2010 218

Green Car Congress

JULY 14, 2010

General Motors has finalized the production process for its Compressed Natural Gas (CNG)-powered Chevrolet Express and GMC Savana full-size vans, allowing the company to deliver fleet customers complete vehicles with a fully integrated and dedicated CNG fuel system starting this fall. The CNG vehicle uses GM’s Vortec 6.0L

GM 186

GM GMC Fuel Chevrolet 186

Green Car Congress

APRIL 27, 2010

General Motors will invest $893 million to produce a new generation of small block truck and car engines which will offer improved fuel efficiency through direct injection and an all-new advanced combustion system design. The investment consists of the following: Production: Tonawanda, NY, $400 million. Production: St.

GM 230

GM Engine Fuel General Motors 230

Green Car Congress

MAY 29, 2009

General Motors plans to build a future small car in the United States utilizing an idled UAW-GM facility. This vehicle will adds to GM’s growing portfolio of US-built, highly fuel efficient cars including the Chevrolet Cruze and Volt. Fritz Henderson, General Motors President and CEO. Tags: Brief.

GM 150

GM Future Building General Motors 150

Green Car Congress

AUGUST 30, 2009

General Motors China and China FAW Group Corp. have formed a light commercial vehicle joint venture: FAW-GM Light Duty Commercial Vehicle Co. The new 50-50 joint venture between GM China and FAW is based in Changchun, Jilin. It is focused on the production and sale of light-duty trucks and vans.

Light 210

Light GM Commercial China 210

Green Car Congress

DECEMBER 7, 2009

General Motors will invest $336 million in the Detroit-Hamtramck assembly plant to begin production of the Chevrolet Volt extended range electric vehicle in 2010. This brings GM’s combined Volt-related investments in Michigan to $700 million, covering eight facilities. engine-generator from Flint.

Detroit 186

Detroit Volt Chevrolet GM 186

Green Car Congress

MAY 11, 2009

(MEDC) and private equity sources and is pursuing a matching $15 million grant from the Department of Energy’s $2 billion Electric Drive Battery and Component Manufacturing Initiative. Company founder Dr. Ann Marie Sastry of the University of Michigan said the funding would allow Sakti3 to establish a pilot battery production plant by 2010.

Grant 150

Grant GM Michigan Lithium Ion 150

Green Car Congress

SEPTEMBER 28, 2009

The production-intent fuel cell system can be packaged under the hood in about the same space as a four-cylinder engine; by contrast, the first generation system in the Equinox (with the fourth-generation stack) is about the size of a file cabinet, says Charles Freese, executive director of GM Fuel Cell Activities.

GM 262

GM 2015 Engine Fuel 262

Green Car Congress

JUNE 27, 2009

General Motors selected its assembly plant in Orion Township, Mich. This decision is dependent on the successful outcome of ongoing economic incentive negotiations between GM and state and local government officials. Troy Clarke, president of General Motors North America. Tags: Brief. and Janesville, Wis.

GM 150

GM Michigan Future Cars 150

Green Car Congress

JUNE 2, 2009

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.

Hummer 207

Hummer GM Purchase Dealers 207

Green Car Congress

FEBRUARY 3, 2010

Fiat Powertrain Technologies (FPT) and General Motors (GM) have signed a preliminary share transfer agreement for FPT to acquire GM’s 50% share in FIAT-GM Powertrain Polska, an engine manufacturing joint venture in the special economic zone of Bielsko- Biala, Poland. Tags: Brief.

Poland 218

Poland Diesel Engine 2003 218

Green Car Congress

NOVEMBER 6, 2009

Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. A survey of the sustainability performance of 17 of the world’s leading automakers has found a mixed pattern when it comes to the sustainability performance of most of the car manufacturers. Click to enlarge. Click to enlarge.

Automobile Manufacturer 278

Automobile Manufacturer Automobile BMW Manufacturer 278

Green Car Congress

OCTOBER 6, 2010

Purcell, best known for his leadership at the General Motors Corporation with the GM EV-1, moves into this role after serving as a board director and strategic advisor to the company. Protean Electric designs, develops and manufactures the Protean Drive, a fully integrated, in-wheel motor, direct-drive solution.

Industrial 225

Industrial Industry Companies GM 225

Green Car Congress

JULY 16, 2009

General Motors Brazil will invest R$2 billion (US$1.033 billion) to launch a new Chevrolet line of vehicles and to expand its plant in Gravataí, Rio Grande do Sul. Funds for the investment will partly come from the company’s cash flow and retained earnings in recent fiscal years—GM Brasil has been profitable since 2006.

Brazil 150

Brazil Chevrolet GM 2006 150

Green Car Congress

OCTOBER 1, 2009

PAG) has terminated its discussions with General Motors Company to acquire the Saturn brand, citing concerns directly related to the future supply of vehicles beyond the supply period it had negotiated with GM. Tags: Brief. Penske Automotive Group, Inc. Fritz Henderson.

Saturn 218

Saturn Wind GM Dealers 218

Green Cars News

SEPTEMBER 8, 2009

The beleaguered automotive industry in the United States has taken its fair share of knocks over the last 12 months but none were more shocking than when one of the oldest and most well-respected brands in motoring – General Motors (GM) – slipped into bankruptcy earlier this year. How GM hopes to recover.

General Motors 40

General Motors Green Motor Motors 40

Green Car Congress

MAY 11, 2010

General Motors and Hawaii’s The Gas Company (TGC), the state’s major gas energy provider, are collaborating on a hydrogen infrastructure project. Charles Freese, executive director of GM Global Fuel Cell Activities. TGC H 2 Production. GM, which has invested more than $1.5 Click to enlarge. Jeff Kissel.

Hawaii 225

Hawaii Hydrogen GM Gas 225

Green Car Congress

AUGUST 28, 2009

Toyota Motor announced it will end its Corolla and Tacoma production contract with New United Motor Manufacturing, Inc. NUMMI) on 31 March 2010 and shift production of those vehicles to Toyota wholly-owned facilities. Tags: Brief. This is most unfortunate, and we deeply regret having to take this action.

2010 150

2010 Toyota San Antonio North America 150

Green Car Congress

JUNE 1, 2009

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.

GM 150

GM Canada 2009 2010 150

Green Car Congress

MARCH 31, 2009

Following the short address on Monday during which President Barack Obama outlined the next steps for GM and Chrysler ( earlier post ), the White House posted summaries of the Presidential Auto Task Force’s assessment of the business plans provided by the two struggling automakers, which led to the terms that are currently unfolding.

Volt 170

Volt Plug-in GM Chrysler 170

Green Car Congress

NOVEMBER 13, 2010

The new purpose-built Chevy IndyCar engine will be developed jointly by General Motors and Ilmor Engineering. Chevrolet competed previously in Indy-style competition as an engine manufacturer in 1986-93 and 2002-05 with V-8 engines, winning 104 races, powering six driver champions, and scoring seven Indianapolis 500 victories.

Chevrolet 218

Chevrolet 2012 Engine Indianapolis 218

Green Car Congress

APRIL 27, 2009

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

GM Saturn Hummer 2008 150

Green Car Congress

APRIL 23, 2010

million loan with Fisker Automotive for the development and production of two lines of plug-in hybrid electric vehicles (PHEV). Fisker, a startup based in southern California, expects to manufacture the Karma and Project NINA lines at a recently shuttered General Motors factory in Wilmington, Delaware. Earlier post.)

Fisker 186

Fisker Karma PHEV Delaware 186