GM puts brake on rear-drive vehicles.
General Motors has put a hold on future rear-wheel-drive vehicles. "We've pushed the pause button. It's no longer full speed ahead," Vice Chairman Bob Lutz revealed in an interview. Two of the most important RWD cars in the works are the Chevy Camaro sports coupe due back late in 2008 and the full-size, RWD replacement for the Chevy Impala sedan for 2009. Both are expected to be huge sellers and contribute major profits to a GM till burdened with IOUs the last few years.