Automotive News is reporting what many have suspected is going on at GM for awhile now. They are freezing all product development for 2009 and 2010. R&D, design and engineering will stop. Products already too far along to halt will be released as planned including the Camaro, the Volt (we'll see) and CTS variants. Redesigning the Corvette, fullsize trucks and SUVs, the rollout of the Cruze, new midsized sedans, and everything else is in limbo. Auto show presence is also going to be scaled back. Anyone who was at the Dream Cruise this year could see that in stark contrast to years before. All in the name of trying to save every penny and avoid bankruptcy. GM's condition is critical.