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GM Plans Half its Cars on Ethanol by 2012 - Report |
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| US: February 8, 2008 | ||
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NEW YORK - General Motors Corp is planning for half its cars in the United States to be running on ethanol by 2012, the Associated Press reported.
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The report quoted GM North America President Troy Clarke at the Chicago Auto Show as saying GM will have 11 ethanol-capable vehicles on the market this year and 15 in 2009. Earlier, start-up biofuel company Coskata Inc, part owned by GM, said it has formed a strategic alliance with ICM Inc to build a commercial plant to mass produce cellulose-based ethanol. The plant is due to open in late 2010. (Reporting by Ritsuko Ando, editing by Will Waterman)
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REUTERS NEWS SERVICE
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