Projected Fuel Economy Going Up. Not.
Feb 27, 2009 – GM [NYSE: GM] changed the way it calculates it fuel economy projections and the figures are going down, not up. GM made a filing with the Treasury Department last week in which it said its cars would average 33.7 mpg in 2012, down 3.7 mpg from its first filing in December 2008. Read the details in The New York Times article, “In Its 2nd Request for Funds, G.M. Reduces Fuel Economy Estimate” by John M. Broder and Micheline Maynard. Maybe they are not going to sell their Hummer division? Please make your comments here.
