CLEAN: American icon General Motors to declare bankruptcy

The transcript discusses a new electric vehicle project aimed for market release by next year, highlighting its fuel efficiency of 40 miles per gallon. It also covers leadership changes at GM, with Rick Wagner stepping down, and outlines plans for GM and Chrysler to restructure with limited government support to ensure future viability.

What is the expected release timeline for the new electric vehicle?

• By the end of this year

• By the end of next year

• In two years

• In five years

What is the expected highway fuel efficiency of the new vehicle?

• 35 miles per gallon

• 30 miles per gallon

• 40 miles per gallon

• 45 miles per gallon

Who is stepping aside as chairman to help create the GM of the future?

• Rick Wagner

• Mary Barra

• Dan Akerson

• Fritz Henderson

What is the purpose of the government's additional support to GM and Chrysler?

• To develop new models

• To increase production

• To expand overseas

• To work with stakeholders for restructuring

Which stakeholders are involved in the restructuring process of GM?

• Only creditors

• Only unions

• Creditors, unions, and other stakeholders

• Only government officials