Statement From Rick Wagoner, Chairman and CEO, General Motors Regarding House Passage of Energy Bill
GM commends the Congress and President for passage of an energy bill. The new fuel economy standards within the bill set a tough, national target that GM will strive to meet. We will focus our engineering and technical resources to attain these standards and we remain hard at work applying the innovation and developing the advanced technologies that will power tomorrow's cars and trucks. Addressing the nation's energy security challenges, however, will require all of us working together and we hope to see continued progress on infrastructure and market-driven mechanisms that can augment the auto industry's efforts.
General Motors is committed to improving the fuel economy of its vehicles.It is innovative, and over the years has invested billions of dollars in research to improve its vehicles. It currently offers allot of vehicles that gives up to 30 mpg on the highway. It has some flex fuel vehicles that can run on E85, and has a dual-mode hybrid system that is found in light trucks.
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