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GmPlan


GM and Chrysler's future business plans include EVs and hybrids

Now that we've had a chance to digest the future business plan from Ford, which was sent to Congress this morning, General Motors and Chrysler have followed suit with documents of their own. Unlike Ford, both Chrysler and GM claim that they need money right away just to keep the lights turned on for 2009. As was the case with Ford, both GM and Chrysler have emphasized an increased investment in fuel saving technologies as one of the main reasons the they need federal help. Chrysler is asking for a $7 billion secured working capital bridge loan ... Read more →

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