Wagoner, GM commited to advanced technologies like the Volt

The Volt and the Provoq are GM's future

$12 billion in losses. That's a staggering number. Yet, that's the amount of money GM lost in 2005 and 2006 according to the DetroitNews.

Nonetheless, GM realizes that advanced technology will drive the future of the automobile, and much of that technology will be driven by electronics and electricity. That means battery power and fuel cells, which means hybrid vehicles such as the Chevy Volt and the Cadillac Provoq.

Thus, GM and Rick Wagoner chose the Consumer Electronics Show in Las Vegas as the place to debut the Provoq plug-in fuel cell hybrid vehicle.

"That's the role of the automobile in energy security and environmental protection," GM's CEO Rick Wagoner stated at CES. "And the role that electronics, and electricity, can play in reinventing the automobile to address these concerns."