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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 billion in Federal support for GM and $2 billion for Chrysler; deeper job and brand cuts; as well as product plans for the surviving versions of the automakers. GM product plans.

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Convincing Consumers To Buy EVs

Cars That Think

Many in the auto industry are warning that realistic BEV range numbers under varying conditions need to be widely published , else risk creating a backlash against EVs in general. For a time in New York City, one had to be a licensed engineer to drive a steam-powered auto.

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