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GENERAL MOTORS CORPORATION
The three-year competition, modeled after the General Motors global vehicle development process, brings students into the real world of vehicle development and better prepares to make a faster contribution to the engineering profession and the automotive industry. Each participating university team will re-engineer a new 2005 Chevrolet Equinox, with three basic goals: reduce energy consumption, decrease emissions and maintain the performance and utility features of the stock vehicle. GM will donate new 2005 Chevy Equinox crossover vehicles to each of the university teams at the end of the first year of the competition, plus two control vehicles. GM will also provide each university team $10,000 in seed money and donate use of its engineering, testing and proving ground facilities for student workshops and competitions. Finally, GM will provide highly controlled access to its intellectual property and provide staff support – including a program manager, team mentors and event judges – and communications support for the competition series. General Motors Corp. (NYSE: GM), the world's largest vehicle manufacturer, employs about 325,000 people globally. Founded in 1908, GM has been the global automotive sales leader since 1931. GM today has manufacturing operations in 32 countries and its vehicles are sold in 192 countries. In 2003, GM sold nearly 8.6 million cars and trucks, about 15 percent of the global vehicle market. GM's global headquarters are at the GM Renaissance Center in Detroit. Sponsor Web Site
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