GM Moving into Hybrid Territory

Despite initially dismissing hybrids as a fad, GM has decided to get in on this automobile sector whose market share is expected to grow three and a half times its current level over the next six years, according to J.D. Power and Associates. At this year’s North American International Auto Show, GM will be introducing two new SUV hybrid models. On the one hand is the Saturn Vue Green Line, which will retail for under $23,000, making it the cheapest hybrid on the market. On the other hand is the Chevy Tahoe, which offers a more sophisticated, “two mode” hybrid system. GM intends to have 12 hybrid models on the road within the next four years. Read more…