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New GM expected within 90 days

Green Cars News

The new company will focus on four core brands in the USA - Chevrolet, Cadillac, Buick and GMC and will feature fewer nameplates. It is hoped that by featuring lower structural costs its North American region may break even at a US total industry volume of around 10million vehicles.

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

previously announced The New GM will: Focus on four core brands in the US—Chevrolet, Cadillac, Buick and GMC—with fewer nameplates and a more competitive level of marketing support per brand. The New GM will have a number of key vehicle launches in 2009 and 2010, including: Chevrolet Camaro, with highway fuel economy of up to 29 mpg.

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