Lutz says for electric vehicles to see widespread adoption the technology must deliver a good return on investment to the largest segment of the auto business
GM is the world’s second-largest automaker by sales last year after Toyota, with 9.7 million vehicles sold
Move is one of several new postings as current CEO Dan Akerson steps down
To break even, the remaining shares would have to sell for nearly $140 each. Trading price as of press time was US$36.92
Marks first time pickup has achieved honour since NHTSA changed new vehicle assessment program
Volt will carry MSRP of $36,895 when it hits Canadian showrooms; price reduction of $5,105
Adds to previously announced $183-million investment for total of $350-million
City is skipping $2.5 billion in debt payments to conserve money for police and fire services.
After closing more than two dozen factories during the recession, U.S. automakers need to use their remaining capacity to its fullest
16 indirect fire LED lights are on each headlamp with eight beginning on the fender of the car and another eight continuing down the front bumper.