Word: gm
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Dates: during 2000-2009
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...strategy is to be the hybrid masters, no pure electrics, and to explore fuel-cell technology," says Nickerson. "We feel it's going to take a lot more than one technology to make this new market work." Toyota began testing fuel cells in 2002. (Read "The Chevy Volt: GM's Huge Bet on the Electric...
...milestones on the road to GM's bankruptcy...
...loss in public confidence. A new survey from Consumer Reports indicates that while more Americans are willing to consider purchasing an American vehicle, they don't view American cars equally. While the number of new-car buyers willing to consider a Ford has increased 17% and consideration of GM models has increased 6% - despite the company's bankruptcy - the number of shoppers willing to consider a Chrysler has dropped...
...product pipeline is thin, suggesting that the automaker will struggle until help from Fiat materializes, says Rebecca Lindland, an analyst with IHS Global Insight. Ron Bloom, President Obama's point man on the automotive task force, acknowledged as much in a recent interview when he said that Chrysler, unlike GM, would not be ready for an initial public offering of stock next year...
...able to afford. Despite all the sales rebates, leasing is still a viable alternative. It's not as popular as it was among manufacturers, whose bad arithmetic cost them a fortune a few years back. But if you can find a leasable model you like - GMAC Financial Services and GM are offering packages for the 2009 Cadillac CTS, several new Chevrolet models and the 2010 Buick Enclave and LaCrosse - the numbers might work if you drive fewer than 15,000 miles a year, want to keep a warrantied vehicle for only a few years and don't have lots...