GM's (GM) CEO Fritz Henderson Comments At The National Summit

StreetInsider is reporting from The National Summit today. The National Summit is a forum where many Fortune 500 company CEOs are gathering this week to discuss the economic climate and the future.

Below are highlights of what GM's (NYSE: GM) (OTC: GMGMQ) Fritz Henderson said during his presentation at The National Summit.

• GM will have 14 hybrids in production by 2012.
  
• Henderson said the Chevy Volt, an extended range electric vehicle, will run 40 miles on pure electricity.
  
• Gas price volatility is not going anywhere. GM is focused on fuel efficiency.
  
• Fritz expects in the future we will have higher energy prices driven by consumer demand.
  
• New General Motors will have lower breakeven points.
  
• China auto market could surpass US this year.
  
• In the end, the consumer will drive us to more fuel efficient vehicles.

More to come.

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