11 Articles
1 / 1
AddIn Detail: ALTe Plug-In Powertrain Conversion

Green transportation can come in all shapes and sizes. Most of what we've seen from automakers are generally small, svelte, and aerodynamic cars--the largest consumer plug-in to go on sale this year will be the Ford C-Max Energi--but other segments could stand to benefit from a little green power themselves. We're talking heavy-duty, purpose-built work trucks. Enter Auburn Hills-based plug-in hybrid conversion outfitter, ALTe.

61Trust says Old GM shorted property cleanup funds by $13.5M

A special trust called RACER was created last year to clean up 89 contaminated sites left behind by the old General Motors in 14 states. According to a report in the Detroit Free Press, GM was meant to provide $625.2 million (an earlier report in the Detroit News indicated $773 million) to pay for cleaning, and did so with with $49.9 million in cash and the balance in Treasury Bonds.

9Trust says Old GM shorted property cleanup funds by $13.5M

A special trust called RACER was created last year to clean up 89 contaminated sites left behind by the old General Motors in 14 states. According to a report in the Detroit Free Press, GM was meant to provide $625.2 million (an earlier report in the Detroit News indicated $773 million) to pay for cleaning, and did so with with $49.9 million in cash and the balance in Treasury Bonds.

1Report: Old GM coughs up $2.8M to 12 states for mercury claims

Parts containing mercury were used for items like anti-lock brakes sensors and hood light switches until 2004. The following year, an umbrella organization called End of Life Vehicle Solutions (ELVS) began retrieving the mercury switches from junked cars, its activities paid for by contributions from automakers.

5Old GM coughs up $2.8M to 12 states for mercury claims

Parts containing mercury were used for items like anti-lock brakes sensors and hood light switches until 2004. The following year, an umbrella organization called End of Life Vehicle Solutions (ELVS) began retrieving the mercury switches from junked cars, its activities paid for by contributions from automakers.

29Toyota suing Old GM over shutdown of NUMMI plant?

Toyota is still upset about how its joint NUMMI venture with General Motors was handled, and according to Automotive News, the Japanese automaker has now filed a lawsuit to the tune of $73 million. The suit is against Motors Liquidation Co., the company created to pick through the discarded ashes of "Old GM."

Add'Old GM' to reportedly set aside $773M for environmental cleanup plan

The U.S. Government and old General Motors have reached an agreement that may make some of the company's former properties more appetizing to buyers. The estate of the bankrupt GM has agreed to set up a $773 million trust dedicated to cleaning up 89 of the company's former properties. Around two-thirds of those are known to have been contaminated by hazardous waste. The deal was reached with the approval of 14 states and a tribal government, though the federal government and some states will sti

29'Old GM' asset sell-off includes... an abandoned Indiana church and a golf course?!

Attention is focused on the new General Motors, but behind the scenes the dismantling of the old GM, now known as Motors Liquidation Co., continues. Last week another auction was held in a series of highest-bidder events going back to September of 2009. The Livonia engine plant, home of Northstar V8 assembly among other things, had its old machinery and mementos sold to buyers around the world. The property itself, however, wasn't sold.

AddGM using bankruptcy to shirk responsibility for clunker mercury switches?

Here's the problem: General Motors went through the bankruptcy earlier this year and was able to pawn off a lot of unwanted things onto a new company called, originally, General Motors Company (since renamed Motors Liquidation Company). Some of the unwanted crap includes polluted old factories (which we knew about) and the responsibility to safely discard mercury switches in vehicles that were scrapped in the recently-concluded Cash For Clunkers program.

40REPORT: GM gets out from under its polluted sites scot-free

Among those clamoring for attention and payouts from Motors Liquidation Co., the company that assumed General Motors' unwanted assets after its Chapter 11 filing, are the environmental and economic redevelopment departments of state governments. According to reports, when GM exited bankruptcy, its polluted factory and land sites were consumed by the Motor Liquidation, allowing the automaker to avoid the responsibility of cleaning up its mess, and state leaders fear there won't be any money to cl

AddREPORT: GM gets out from under its polluted sites scot-free

Next in the line of those clamoring for attention and payouts from Motors Liquidation Co., the company that was given all of GM's unwanted assets, are the environmental and economic redevelopment departments of state governments. General Motors was able to exit bankruptcy without responsibility for a number of factory and land sites that are polluted, and state leaders fear that there won't be any money to clean them up.

1 / 1