| GM Halts All R&D Until 2010 |
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| GM | ||||||
| Written by Russell Sturmey | ||||||
| Wednesday, 29 October 2008 11:58 | ||||||
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Neither the Chevrolet Camaro nor the Chevrolet Volt will be affected as they are already well on their way to production. But other models, namely the next-gen Buick LaCrosse and the Cadillac CTS Wagon will surely be affected. After this story surfaced, a GM spokesperson told the Detroit News that the reporters claiming the above are "probably overplaying this a bit". So, no word, on how accurate this is, but interesting none the less. Add this page to your favorite Social Bookmarking websites           
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GM has put a halt to all product development spending for 2009 in an effort to save $1.5 billion.