WASHINGTON – General Motors Co. Vice President Ed Welburn says the restructured auto maker is withdrawing its federal loan applications for advanced technology vehicles because the money would add unnecessary debt to the company’s balance sheet. He also reveals at the auto show here plans to accelerate the national rollout of the Chevrolet Volt extended-range electric vehicle, currently available only in select U.S. cities. “The demand is there,” Welburn tells Ward’s after delivering ...
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