GM to bring 40mpg "mini-car" to the US
We know it's been a rough year for US automakers, and perhaps for GM most of all. Since their business has been built around Hummers, Tahoes, and full-size trucks for the last decade, their current market value is now lower than Mattel -- maker of Matchbox cars. There is some good news however, GM has a plan. They've apparently got a 40mpg concept car in the works that could save their faltering US lineup.The Chevy Beat, one of a trio of concept cars unveiled at the 2007 Auto Show (that didn't get much attention), was set to be released in the Asian and Latin American markets this year. Instead, after June's horrendous sales numbers, and speculation about GM declaring bankruptcy started to fly, GM is eyeing a major course correction. Hopefully the Beat will help dig them out of the ditch -- I'm going to be really disappointed if the Volt project is compromised by lack of capital.
[via AutoBlogGreen]
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