GM Set to Announce Hybrid Plan

The move will bring gas-and-electric powered vehicles into the mainstream in North America.

Published: 06-Jan-2003

DETROIT - The world's biggest automaker was expected to reveal details Monday of a new strategy it hopes will give sales a jolt upwards: electric-powered engines.

General Motors Corp. intends to produce a variety of energy-efficient hybrid models over the next four years.

The move will bring gas-and-electric powered vehicles into the mainstream in North America, according to analysts. Until now, hybrids have been available from only a few foreign companies – such as Honda and Toyota.

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