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I missed covering this tidbit of information last week while I was traipsing through Europe, but some interesting information emerged when GM released their March sale results. GM has been making an awful lot of noise about their two-mode hybrid system with lots of announcements about all the vehicles the system will be installed in. What they aren't bragging much about is sales. That's because there isn't much to brag about. In fact it appears that the sum total of hybrid sales for all models o
GM will make a "Major Technology Announcement" related to hybrids at the Geneva Motor Show tomorrow. We invite your speculations on the nature of the announcement in the comments below, and we promise full coverage early tomorrow morning. You can watch a live webcast of the announcement by GM Chairman and CEO Rick Wagoner online at GMnext at 8:45 a.m. EST/2:45 p.m. CET. GM-Europe President Carl-Peter Forster will join Rick in making the announcement.
General Motors has apparently placed Cobasys on their list of distressed suppliers, a move that could be very bad news for some of GM's hybrid programs. Cobasys is the battery company jointly owned by Energy Conversion Devices and Chevron Technology Ventures. Cobasys supplies the nickel metal hydride batteries used in GM's mild hybrid system in the Saturn Aura and Vue and the Chevy Malibu. They are also one of two supplier teams with development contracts to provide lithium ion battery packs for
Even Mexican President Felipe Calderon is excited about the Saturn Vue hybrid. Today, Calderon announced the start of production of the vehicle in Mexico, Automotive News reports. The plant is in Ramos Arizpe and has an annual capacity of 6,500 hybrid Vues. GM employees have been making standard Vues there since July. These SUVs will be exported north to the US and Canada. GM is still undecided on whether to offer the Vue Green Line in the country where it is produced. Read more about the 2008
Previous rumors that GM might price their new Two-Mode hybrid SUVs in the low $40K region to grab market share have proven untrue as the company has finally revealed the pricing. The rear-wheel-drive Tahoe will weigh in at a base price of $50,490 with the four wheel drive GMC Yukon topping out at $53,775 with all prices including a $900 destination charge. Without knowing exactly what equipment is included on the hybrid models, it's hard to say exactly what the hybrid premium on these SUVs will
We thought a week or so ago that GM's new hybrid SUVs would start around $45,000. That information came from a GM spokesman, who said the hybrid version would cost about the same price as the conventional 5.3L model with similar equipment. A price like that would have meant virtually no price premium for the hybrid. Following that post, GM's website confirmed the news, and showed the costs of the Chevy Tahoe 4-Door two-wheel drive hybrid ($47,915), the Tahoe four-wheel drive ($50,720), and the G