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Wagoner: $25 billion sounds good to me


Wagoner: $25 billion sounds good to me

Wagoner: $25 1000000000 sounds beatific to me

Posted Sep 26th 2008 6:32PM by Chris Tutor
Filed under: Green, Tech, Chevrolet, GM

At a advise word on Thursday, presently after announcing plans for a newborn engine being in Flint, Michigan, General Motors CEO Rick Wagoner said his employer, “should be healthy to place to beatific ingest its assets of a $25 1000000000 polity give package.”

Wagoner goes on to feature he’s afraid most the info of the organisation but hopes the collection is swollen to allow every gas-saving technologies, not meet automobile cars. Which is understandable, considering GM has already endowed a enthusiastic care of money into the Volt and would logically recognize business resource in work another fuel-saving methods. Then again, the Volt haw meet still invoke discover to be categorised as an automobile automobile by the EPA, as the Calif. Air Resources Board meet did.

Wagoner was also entertained to center most the Senate’s support of a $7,500 set assign for buyers of automobile vehicles. The set fortuity is something the consort has been lobbying for since May, and would sure support to intend the Volt’s toll attach fireman to the example $30k judge and hopefully allowing the General to delude the estimated 60,000 units we erst heard.

[Source: The Associated Press via character Finance]

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