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GM puts Volt engine plant on hold to conserve cash.

by: sgissin( 3950Feedback score is 1000 to 4,999) Top 1000 Reviewer
1 out of 3 people found this guide helpful.
Guide viewed: 161 times Tags: electric | car | chevy | volt | GM


The Associated Press (DETROIT, Wednesday, Dec. 17, 2008)

General Motors Corp., anxiously conserving cash so it can keep operating into 2009, said Wednesday it would halt construction of a plant tied to one of its most important projects while the automaker awaits a Washington bailout.

GM said it is putting the brakes on the construction of a factory in Flint, Mich., set to make 1.4-liter engines for the Chevrolet Cruze and the Chevy Volt plug-in electric car.

 


 


Guide ID: 10000000009865620Guide created: 12/21/08 (updated 10/18/09)

 
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