Another Volt supplier picked
Despite merger and bankruptcy talk, Volt moving forwardGM has signed a $50 million contract with Buehler Motor Inc. to to provide customized auxiliary water pumps for the Chevy Volt and other unnamed hybrid vehicles. Under the contract Buehler will provide GM with 12-watt and 50-watt pumps that will circulate coolant through the Volt's subsystems according to the DetroitNews.
Fortunately, despite a massive focus on the Chrysler merger, GM is still pushing their future product plans forward.
Labels: Chevy Volt electric vehicle concept, Hybrid Vehicles
posted by Dahcredyns at
6:47 AM
2 Comments:
Indigo Incarnates
So... why *doesn't* GM consider bankruptcy re-organization? It might give them legal "breathing room" for reconfiguring their operations into new model that has some chance at sustained, long-term profitability. They need to get rid of all the dead wood (Hummer, uber-SUVs, and duplicated vehicles that appear across multiple brands).
From a consumer perspective its not good most analysts claim. It lowers auto value and it makes consumers reluctant to buy new vehicles. It's still a possibility, but GM won't go there unless its absolutely necessary.
GM is trying to sell Hummer, and GM will be producing less large SUVs and trucks.
Still, if the auto sales expectations for next year hold true, bankruptcy might be the only way for GM to survive, especially if the Chrsyler merger doesn't work out. And this merger almost looks more scary than bankruptcy.
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