Word: gm
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...electric car, so long promised, may finally be pulling into your driveway. In the U.S., a humbled General Motors just showed off one of its rare rays of light - the plug-in Volt, which GM says will get 230 miles per gallon when it hits roads in late 2010. Daimler is trialing an electric version of its baby Smart car and claims to get the equivalent of 300 m.p.g. In Japan this month, a confident Carlos Ghosn said that Nissan's upcoming, all-electric Leaf will get 367 m.p.g...
Priority Lane It won't be an easy race for China to win. The Chinese auto industry is fractured and weak. The domestic market is dominated by foreign manufacturers such as GM (which is doing much better in Beijing than it is in Detroit) and Volkswagen. But the government in Beijing has made it very clear that it considers electric and plug-in vehicles a priority for Chinese companies, and it's willing to spend. The Chinese State Council announced in January that it would spend $1.6 billion over the next three years to develop alternative fuels, and there...
...milestones on the road to GM's bankruptcy...
...With GM struggling with a serious case of cold feet, it's not too late for Stronach to do a U-turn on Opel without losing face - and at the same time ensure the future prosperity of the empire he has already built...
...Read "GM and Germany Still Wrangling Over Opel...