Showing posts with label gm. Show all posts
Showing posts with label gm. Show all posts

Monday, February 28, 2011

Ten Best Selling Cars of 2010


1. Ford F-Series: 27,630
2. Chevy Silverado: 22,772
3. Honda Accord: 20,759 (1,737 Accord Crosstours included)
4. Nissan Altima: 18,636
5. Toyota Corolla: 17,121
6. Chevy Malibu: 16,439
7. Toyota Camry: 15,792
8. Honda Civic: 14,693
9. Chevy Cobalt: 12,962
10. Ford Fusion: 12,179

Toyota significantly dropped in sales last year, yet Ford has reached the top in the current economy after facing 2 years of losses. And GM has finally made a profit since 2008. Congratulations to the American Auto Industry.

Wednesday, January 20, 2010

Auto Show: GM to offer consumer test drives at NAIAS, other auto shows?



General Motors feels it has a lineup stuffed with vastly improved products and it wants to intend as many customers behind the wheel of a newborn Chevy, Cadillac, GMC or Buick to prove its point. Anyone can nous over to the topical concern for a effort drive, but the General is reportedly looking for modify more structure to intend you to evaluate a newborn GM product, including effort drives right at your topical auto show.

The city News reports that GM is employed with officials from COBO and the municipality of city to set up a driving route so that consumers can effort the automaker's products on-site. Vehicles probable be featured include newborn products such as the 2010 Buick LaCrosse, Chevy Equinox, GMC Terrain and Cadillac SRX. The effort drive Atlantic at COBO is reportedly part of GM's totally revamped 85,000 sq ft exhibit space, which includes more interactive displays and plentitude of areas to exhibit off newborn profession like direct injection and the Voltec system. Obviously, the General needed to make some field changes, since it won't need displays for Pontiac, Saab and Saturn in 2010.

Customer effort drives were piloted at the New England Auto Show early this year, where Cadillac reportedly put over 1,400 grouping behind the wheel. GM is also looking to set up drives at several another field shows, including metropolis in February, but the biggest push will take place in field metropolitan areas on the east and west coasts, where GM creation consideration is weakest.

Auto exhibit effort drives make amend sense, considering that jillions of showgoers listen these events every year. People who pay $12 to look at cars in a crammed and crowded convention center are probable the exact same grouping to intend agog about newborn products. Why not give them seat time and permit the word-of-mouth flow?


Link Relevant : Best Performance Auto

Friday, August 28, 2009

Potential deal points leaked concerning Tengzhong's purchase of Hummer


As the Opel transaction takes on Biblical intrigue, the Hummer exchange goes on in another dark corner, laboriously, like the gestation of an elephant. The latest report from a Chinese news website states that General Motors and Tengzhong "might sign an agreement" this week, but that strikes us as exceedingly optimistic seeing that there's been no word on the government approving the deal yet.

Slightly more believable are the supposed deal points that would guide Tengzhong's initial ownership of Hummer: Tengzhong will own all of Hummer's intellectual property rights and sales network, but would not build Hummers in China and would operate the company as an off-shore entity based out of Detroit or Nashville. General Motors would continue to build Hummers until 2012 and provide "technical services," and Tengzhong would continue to fund research and development, while the "off-shore" Hummer team (read: probably the folks doing the job now) would be responsible for launching the new H3 and H4. As for that H4, though, the article lists them as "CUV models." If the H4 is a CUV, we hope they manage to make it look like the 2008 Hummer HX concept shown above.

Tengzhong reps are headed to Detroit to continue discussions. The General's response, according to the CEO of Hummer is that "Negotiations continue to progress and the transaction will be announced upon the signing of the definitive agreement as soon as appropriate." Hat tip to Emilio!

Sunday, December 21, 2008

The Detroit Ballout is Not Over


All of Detroit is safe until after the auto show in January, sorta. The government approved $13.4 billion in loans for General Motors and Chrysler for immediate consumption (Ford said “no thanks” for now.) This will take them until February when another $4 billion may be available, but they will also have to show that their operations are able to show "positive net present value" – a tough goal I’ll get to in a moment.

This means at least when the North American International Auto Show hits Detroit in January, at least the Big Three won’t have to ring the Salvation Army bell, and instead they will be able to somewhat focus on products. But this isn’t the end of the fight, the big picture has four elements still to come:

There will be more layoffs
There will be more money needed pumped into the industry
It’s the end of fun new cars
The winner will be the one who returns to big cars first

So for this week, after the just I present a little accounting, a healthy dose of skepticism, and just enough optimism to keep fans of American cars from jumping out the window.