GM chief sees hybrids as image boosters
By Jui Chakravorty
DETROIT (Reuters) - General Motors Corp. plans to stay in the hybrid vehicle business for the favorable image it projects, Chief Executive Rick Wagoner said in an interview this week, adding that the United States also needs to focus on ethanol to reduce foreign-oil dependency.
Wagoner said automakers should focus more on ethanol as an alternative fuel and that GM is focused on increasing the distribution system for fueling vehicles with E85 -- a blend of 85 percent ethanol and 15 percent gasoline. story continued
DETROIT (Reuters) - General Motors Corp. plans to stay in the hybrid vehicle business for the favorable image it projects, Chief Executive Rick Wagoner said in an interview this week, adding that the United States also needs to focus on ethanol to reduce foreign-oil dependency.
Wagoner said automakers should focus more on ethanol as an alternative fuel and that GM is focused on increasing the distribution system for fueling vehicles with E85 -- a blend of 85 percent ethanol and 15 percent gasoline. story continued
posted by anthony m, at Friday, May 12, 2006
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