Word: gm
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Dates: during 2000-2009
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...think GM has an eco-friendly gene in its body. But at the Detroit auto show on Sunday, GM touted a new plug-in electric concept car called the Chevrolet Volt. A lithium ion battery pack powers the car and a three-cylinder engine can recharge the batteries, extending the vehicle's driving range up to 640 miles. The engine also runs on E85 ethanol, getting fuel economy up to 150 miles per gallon - and conceivably eliminating the need for gasoline almost entirely. All in all, it would be a quantum leap over GM's last electric...
...This year, you could practically call the Motor City's flagship exhibition the Detroit eco-tech show. While big SUVs and pickups dominated a few years ago, this time around it is more a showcase for environmentally friendly technologies. Not to be outdone by GM, Ford revealed a funky concept vehicle called Airstream, featuring glow-in-the-dark windows, a lava lamp and an electric powertrain combined with a hydrogen fuel cell. BMW touted its hydrogen technology with a 7-series concept vehicle and promoted its "clean diesel" technology, which it plans to deploy in a model bound...
...GM vice chairman Bob Lutz bristles at the notion that this model is a pallid redesign of Chevy's mid-market sedan. His take: it's upscale Euro-styling. The car launches this year...
...also serious about finding a North American partner for his two-headed animal, despite a very public and unsuccessful mating dance with General Motors this summer and fall. Kirk Kerkorian, a large GM shareholder, wanted the flailing auto giant to join the Nissan-Renault family, hoping Le Cost Killer could wield le knife at GM and help boost the stock. Having witnessed the leaps that two former mediocrities like Nissan and Renault could make by partnering, Ghosn found the idea of pooling forces with GM appealing. And he figured GM could help his carmakers save billions of dollars on everything...
Bush to Meet Big 3 Ailing automakers seek help The President plans a November meeting with the CEOs of GM, Ford and Chrysler, which all reported big losses last week. On the agenda: incentives to build cars powered by alternative fuels...