General Motors is facing troubled times with its electric vehicle Chevrolet Volt. The plug-in electric car has seen a decrease in demand in the US. The company has announced to halt the production at its Detroit-Hamtramck based production units temporarily. The Hamtramck unit will go idle on production from September 17 to October 15, for […]
Aug 28 2012 | Posted in
Automobiles |
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General Motors released the financial statement of 2011 operations earlier this week. According to the report, the company has seen profits for the first time after bankruptcy in 2009. The US government extended a helping hand in bringing one of the biggest companies to shore and now has a 27 percent share in GM. The […]
Jan 6 2012 | Posted in
Automobiles |
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Electric cars now-a-days offer a more efficient, powerful and cost-effective solution to everyday commute, but the initial costs are taking the toll on sales. According to a recent survey, the sales of electric vehicles are not to see any substantial increase in the next five years, unless there is a sudden spike in the oil […]
Jan 6 2012 | Posted in
Automobiles |
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More bad news for environment friendly vehicles as the US National Highway Traffic Safety Administration (NHTSA) has taken serious notice of Chevrolet Volt’s battery stability in post-accident conditions. The NHTSA has been persistently keeping tabs on the performance and safety of electric vehicles. In particular, the Chevy Volt has caught their eye in some road […]
Nov 29 2011 | Posted in
Latest News |
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