Court Approves Formation of New GM
gm-volt.com — Only 35 days after GM entered bankruptcy protection, a Manhattan judge issued a ruling allowing GM to sell its best assets to a government backed new company. The sale is expected to close by the end of the week, and the new GM will be free of debt, excess brands, and dealerships. (Submitted by ljdmd) More...
GM Opens Largest Most Advanced Automotive Battery Lab in USA
gm-volt.com — General Motors expanded its electric car battery research and development capabilities today by opening the largest and most technologically advanced battery lab in the United States on its Technical Center campus. (Submitted by ljdmd) More...
GM Ambivalent About the Chevy Volt
gm-volt.com — “Sexy with charisma,” Lutz calls the 410 horsepower 2010 Camaro SS but admits “Some people don’t care for those kinds of descriptions today — it’s a different time.” “But we have new vehicles, too," says Lutz. "We have the Volt. We are committed to the electrification of the automobile. We know this is the time.” (Submitted by ljdmd) More...
General Motors Files For Bankruptcy
gm-volt.com — On June 1st at 8:00 AM, GM filed for section 363 Chapter 11 bankruptcy in the U.S. Bankruptcy Court in New York City. It is the fourth-largest bankruptcy in U.S. history based the company’s $91 billion in assets, and the largest of an industrial entity. (Submitted by ljdmd) More...
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