BUSINESS

GM Pinning Its Hopes On Plug-In Hybrid

12/23/2008 05:12 am ET | Updated May 25, 2011

The Chevrolet Volt, a plug-in hybrid, will not arrive in showrooms until late 2010. But it is already straining under the weight of an entire company.

Executives at General Motors, the largest and apparently the most imperiled of the three American car companies, are using the Volt as the centerpiece of their case to a skeptical Congress that their business plan for a turnaround is strong, and that a federal bailout would be a good investment in G.M.'s future.

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