TWO FOR THE ROAD - MEETS WITH GM CEO RICK WAGONER OF GENERAL MOTORS

Rick Wagoner, GM CEO

Bill and I were able to meet with Rick Wagoner, GM CEO of General Motors, at a press conference organized by Jeff Holland of GM communications. Mr. Wagoner was in Arizona to celebrate the opening of Brown and Brown's new Buick, Pontiac and GMC dealership in Gilbert.

The Press asked a few questions about the Big Three and GM's ranking with regard to Toyota. Rick was diplomatic in his answer, citing the few cars that made the difference, and congratulated Toyota on a job well done. Another topic of interest was the future of dealerships; closing some and combining brands and models under the GM badge.

However, the true focus of the interview was where GM stood with alternative fuels. Mr. Wagoner was able to give the press a good idea as to a timeline and commitment. Here is a capsule version of Mr. Wagoner's response to the Phoenix press association and other press related articles that same week.

GM is releasing an average of one new hybrid model every three months for the next two years that includes the Saturn Vue and Aura Green Line, and Chevrolet Malibu. This year, we've introduced the Chevrolet Tahoe and GMC Yukon two-mode hybrid (the only hybrid system developed and built in the U.S. at our Baltimore, MD transmission plant) that get a 50% improvement in city mileage over gas versions. This level of performance earned the Chevy Tahoe two-mode hybrid the "Green Car of the Year" award at the LA Auto Show. For next year, we'll be launching three additional two-mode hybrid versions of the Cadillac Escalade, and Chevrolet Silverado and GMC Sierra full-size pick-ups.

In addition, GM is significantly expanding its development work on electrically driven vehicles like the Chevy Volt and Chevy Equinox fuel cell vehicle. This year GM launched Project Driveway, the world's largest test fleet of fuel cell vehicles, that will have 100 Chevy Equinox fuel cell vehicles distributed in California, New York and Washington, DC. Also this year, two advanced battery development contracts were announced and in August, GM and A123Systems announced an additional agreement to speed development of batteries specifically designed for the Chevy Volt's extended range electrical powertrain.

Photo of Cathy Droz, Jeff Holland , Bill Zervakos at Brown and Brown Buick Pontiac GMC dealership

Tell us what do you think of General Motors timeline and alternative fuel choices.