8.1.2003
GM to produce a variety of hybrid vehicles by '07
GM announced Monday that it will offer optional hybrid powertrains on more than a dozen of its most popular models including trucks, SUVs and mid-size sedans starting in late 2003.
GM president and CEO Rick Wagoner and Tom Stephens, Group Vice President, GM Powertrain, made the announcement at the 2003 North American International Auto Show (NAIAS) in Detroit.
"Because hybrids cost several thousands of dollars more than conventional vehicles, we believe offering multiple approaches on our most popular vehicles is the best way to explore the market for the technology," Wagoner said.
GM will begin testing the market with hybrid versions of the GMC Sierra and Chevy Silverado pickup trucks, with production for both starting in 2003. In 2005, GM will add a Saturn VUE featuring a dual electric motor system to its hybrid lineup. Following the VUE introduction will be a hybrid option for the Chevrolet Equinox starting in 2006, and a revised version of the hybrid system with the addition of GM's Displacement on Demand technology on the next generation of GM's full-size SUVs, such as the GMC Yukon and Chevrolet Tahoe, in 2007.
"These hybrid systems are the first to be designed specifically for the American market and driving cycles, which are typically 60 percent highway, 40 percent city driving," said Stephens. "That means highway mileage also gets a boost, but, importantly, performance doesn't take a hit. No compromises."