Cars, trucks and more

How much will it take to save GM?
GM is preparing to submit its viability plan, but it won’t include the needed concessions from the UAW and bondholders, although those concessions are not absolutely required right now. Nonetheless, GM is already acknowledging that it will need more money.
Originally, GM had requested $18 billion when it first [...]

GM takes 2nd in December, but not the year
In December GM sold more hybrid vehicles than both Honda and Ford, led by GM’s large dual mode SUVs, such as the Chevy Tahoe hybrid. In December, GM sold 2,555 hybrids, although about 800 of them were mild hybrids.
For 2008, however, both Ford and Honda sold significantly [...]

Is this really going to save GM?
By 2014, automakers will be selling 90,000 plug-in hybrid vehicles per year in the US, thanks to tax credits, according to a new EIA report. And, by 2030 PHEVs will make up just 2 percent of total new vehicle sales in the US.
Conventional hybrid vehicles, on the other hand, [...]