| General Motors Corp (GM) chairman Richard
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| | Pam Solo of the Washington-based Civil
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| Wagoner has reportedly told shareholders
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| | Institute.
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| at the company's annual meeting recently
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| | "Increasing fuel efficiency can
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| that GM is serious about speeding up
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| | simultaneously reduce our reliance on
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| development of the new technology needed
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| | Middle Eastern oil, cut greenhouse
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| for the electrified Chevrolet Volt. GM
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| | emissions, save quality auto industry
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| has previously announced building the
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| | jobs and help build the US economy," Solo
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| Chevrolet Volt in 2010. The concept
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| | said citing surveys of potential voters
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| version of the car features a maximum
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| | that show 75 percent favor tougher
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| range with a full tank of gas and charged
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| | emissions standards.
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| batteries of 640 miles. The Volt's gas
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| | Mark Cooper, director of research at the
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| motor never drives the wheels directly,
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| | Consumer Federation of America, said the
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| but instead provides power to the
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| | fuel-efficiency target proposed by the
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| electric motors.
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| | domestic carmakers and Japanese rival
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| However, later during that day after the
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| | Toyota was 30 percent too low.
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| shareholders' meeting Wagoner was in
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| | Detroit's automakers, however, remain
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| Washington along with top executives Alan
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| | dependent on sales of gas-guzzling pickup
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| Mulally and Tom LaSorda from the Ford
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| | trucks and large sport utility vehicles
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| Motor Co and Chrysler Corp respectively,
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| | (SUV) - sales of which are slipping as
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| arguing against tougher new fuel economy
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| | consumers react to rising gasoline
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| standards pending in Congress.
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| | prices. Sales of small cars on the other
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| "As Detroit's Big Three and Toyota launch
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| | hand, continue to increase.
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| an astonishingly short-sighted
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| | GM's Wagoner appeared to be gearing up
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| advertising and lobbying campaign to
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| | for the trend, announcing at the annual
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| block even modest improvements in vehicle
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| | shareholders meeting on Tuesday the award
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| fuel efficiency, it is time for
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| | of two contracts for advanced development
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| Washington and Detroit to address the
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| | of lithium-ion batteries for its new
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| fact that our nation is needlessly losing
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| | Chevy Volt - which was introduced as a
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| the race to develop the best
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| | concept car at the Detroit automobile
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| fuel-efficient vehicle technology," said
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| | show in January.
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