GM says money troubles won’t stop hydrogen cars
1 November 2005 by Hydrogen PowerGM is having some very well publicized financial troubles and a major GM supplier, Delphi, has declared bankruptcy. According to Larry Burns, GM’s vice president for r&d and strategic planning, this is not going to stop the push toward developing a hydrogen car.
The latest GM fuel cell-powered car is called Sequel. It was to be ready for test drives by automotive journalists and others in December. But GM has pushed that schedule forward to June, Burns says.
“We just had to retime some of our spending in 2005 in light of our losses as a company,” Burns says. “But that didn’t slow the technology down.”
Your thoughts? Please remember, this is a public forum. All comments are filtered. Profanity will not be tolerated.
