Archive for the ‘GM’ Category
Thursday, July 3rd, 2008
Sales of big cars and trucks are down, down, down, so General Motors is finally considering selling mini-cars in the U.S. Why not? Gas is now a staggering $4.10 a gallon nationwide, so it's not like people wouldn't be interested in saving money while driving.
The bigger question, to ...
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Wednesday, July 2nd, 2008
GM stayed ahead of Toyota in North American sales, but it didn't do much for the company's revenues. GM was down 18.2% in June. Toyota was down 21.4%. It was a bloodbath for all automakers operating in the United States. Chrysler had the worst month of ...
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Tuesday, June 3rd, 2008
In expected news, GM today announced the shuttering of 4 truck plants located in Canada, Mexico and the United States, as demand for gas-guzzling trucks and SUVs was lower than the company expected. Since the year 2005, 35 car plants in the U.S. have been closed.
The Oshawa truck plant, ...
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Thursday, May 29th, 2008
It's a sign of the times. GM is probably going to cut production on SUVs and Trucks as Americans balk at paying $4.00 per gallon for gasoline.
"We probably need to trim back some truck and SUV capacity,'' Mark LaNeve said. "We need to add on the cars and crossovers ...
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Wednesday, May 21st, 2008
The nearly constant GM labor woes might be at an end as GM settles with labor at the last remaining plant to be on strike against them.
United Auto Workers union local 31 said on its website that picketing would continue until "all votes had been counted" by workers at a ...
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Tuesday, May 20th, 2008
Jerry Flint seems to think that GM doesn't have much interest in running Saturn anymore. According to him, the company has never really cared for doing business the Saturn Way, and might even be ready to starve the brand to death.
Over the past few years, Saturn received an entire ...
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Wednesday, April 23rd, 2008
GM hasn't done much in the world of hybrid vehicles, but auto industry analysts think that's about to change. GM has began a drive to produce and sell more hybrids.
In the first quarter of 2008, GM sold a paltry 843 hybrids. This puts GM behind Ford and way behind ...
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Wednesday, April 23rd, 2008
Fuel efficiency is becoming paramount in the minds of almost all consumers. The new Chevy Malibu will sport a six-speed transmission and a four cylinder engine, a combination designed to make cars go farther on less gasoline. The Malibu should be able to compete with the Toyota Camry ...
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Monday, April 21st, 2008
GM remains bullish on China. Currently the North American heavyweight auto maker is the number two producer of cars in China. They plan on gaining more market share, on the strength of new vehicles, such as the hybrid Buick Lacrosse.
"The automaker that gets China right will ...
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Monday, April 14th, 2008
GM has been selling hybrid vehicles at a snail's pace. The company had been hoping that hybrids would move quicker, especially their full-size SUV model.
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