Today is truly a historic one for the US automotive industry, and for the dream of petroleum independence and the Chevy Volt.
After weeks of intense political wrangling and nail-biting financial drama, US President George Bush has agreed to grant low interest loans to GM and Chrysler.
As he just announced those loans will be sufficient to [...]
Jon Lauckner is GM’s VP of global program development. He along with GM vice-chairman Bob Lutz co-created the Volt concept. In fact Jon is credited with coming up with the idea of a range extender, whereas Lutz’ idea was a pure electric.
Apparently Jon became a bit concerned about the plethora of news in [...]
These last weeks have been very difficult for GM, as they have skidded impossibly close to bankruptcy. Aside from VOLT and Cruze, most future planning has had to come to a halt, and even the Volt’s engine factory construction has shut down.
President Bush is soon to make an announcement about whether GM will get [...]
The drama of the end game seems to be picking up steam. Despite early reports that the Bush administration would announce loan plans to GM by Wednesday, still no word. Most recently, White House press secretary Dana Perino said “there’s nothing new on the auto front.”
President Bush discussed the topic on Wednesday on [...]
As GM’s cash dwindles to the disappearance point, and we all wait for word from the Fed on when loans will be forthcoming, the Chevy Volt’s heretofore pristine production plans have now shown the first signs of crumbling.
We have heard previously that GM had chosen the 1.4L normally aspirated 4 cylinder family zero engine to [...]
CNET has just published an article emphasizing the importance of community resources in wide scale launching of the Chevy Volt and other electric cars.
Interviewed is GM’s Volt vehicle line director Tony Posawatz who was by the way also was recently elected co-chairman of the Electric Drive Transportation Association (EDTA).
Tony not only is building the Volt [...]
Here on the verge of GMs collapse and despite the collapse of oil and gas prices, the drumbeat of competition continues to march upon the Volt.
As many have heard, Chinese auto company BYD announced its launch of the world’s first mass-produced extended-range electric car called the BYD F3DM in China on Monday. The vehicle uses [...]
GM is down to only days left of funding and we wait anxiously to see if and how the Bush administration will provide loans to keep them going, and keep hope alive for the Chevy Volt. It seems an answer will be coming very soon.
As of Late Monday Bush himself gave reassurance to the [...]
GM’s viability plan reveals their intended future development of advanced technology fuel efficient vehicles, as shown in Table 8 above.
The company already produces mild hybrids, such as the Malibu, which get about a 10 to 15% increase in fuel efficiency. These cars mainly improve efficiency by turning off the engine at stops, using regenerative [...]
Late Thursday when the Senate failed to pass legislation to give GM emergency aid, the Treasury and the Bush Administration stepped in and agreed to consider giving GM and Chrysler loans from the $700 Wall Street Bailout or TARP fund.
During the prior weeks of negotiations in the Congress, despite pleas from the Democrats to do [...]
Several automotive sites have reported on a story written in German. The story indicates that Mercedes-Benz plans to unveil a series of three electric concept cars at the Detroit Auto Show in January.
The luxury carmaker has given a nod to the Chevy Volt by emulating the range-extender concept as well, although keeping it in parallel.
The [...]
After the defeat of a congressional bill to bailout GM and Chrysler and prevent their demise, the Bush administration is now considering a direct loan to automakers.
Today, aboard Air Force One with President Bush on his way to Texas, White House spokesperson Dana Perino made the following statements:
Given the current weakened state of the U.S. [...]