May 26, 2005
WASHINGTON May 26, 2005; Reuters reported that financier Kirk Kerkorian, whose private investment company Tracinda Co. has made a tender offer for 28 million shares of General Motors Corp. stock, has been added as a signatory to the offer, according to a regulatory filing on Thursday. Tracinda said it made the change a ... Continue reading
Fitch Teleconference on GM Replay Available
May 25, 2005
CHICAGO--May 25, 2005--Fitch Ratings hosted a teleconference on May 24 to discuss Fitch's downgrade of General Motors (GM) and General Motors Acceptance Corporation (GMAC). Fitch downgraded GM and GMAC to 'BB+' from 'BBB-' with a Negative Outlook. The call was led by Mark Oline, Managing Director, Fitch Ratings Corpora ... Continue reading
GM Plans to Streamline Offerings From Its Eight Brands Only Part of Solution, Analysts Say
May 21, 2005
DETROIT May 20, 2005; Dee-Ann Durbin writing for the AP reported that General Motors Corp.'s plan to streamline offerings from its eight brands won't be easy and is only part of what the automaker needs to do to turn itself around, some industry analysts said Friday. Mark LaNeve, GM's North American sales and marketing ... Continue reading
Cadillac STS and HUMMER H3 Win Auto Interiors Awards
May 19, 2005
DETROIT, May 18, 2005; Two of General Motors newest vehicles, the 2005 Cadillac STS and the 2006 HUMMER H3, garnered honors in their respective car and truck categories for automotive "Interior of the Year." Nominated by Ward's Auto World magazine, the Cadillac STS won "industry- at-large, premium priced car. The HUMME ... Continue reading
Strategic Vision Reports Quality Vehicle Winners
May 16, 2005
SAN DIEGO--May 16, 2005--Drawing a blueprint for domestics on company turnaround, Nissan North America led five segments (one a tie) on Strategic Vision's 2005 Total Quality Index(TM) (TQI). General Motors products also led five segments (one a tie) according to new owners, the San Diego-based research firm announced t ... Continue reading
Heads of Toyota, General Motors Strengthen Partnership in Fuel Cell Technology
May 15, 2005
TOKYO May 15, 2005; The AP reported that the heads of Toyota Motor Corp. and General Motors Corp. have agreed to strengthen their partnership in development of technologies for environmentally friendly vehicles, major Japanese newspapers reported Sunday. Toyota President Fujio Cho and visiting GM Chief Executive Richar ... Continue reading
Cadillac Bicycles Unveils the Ultimate Expression on Two Wheels
May 13, 2005
Consumer Demand Drives Well-Known Automobile Brand to 'Brake' Into the Bicycle Industry PARSIPPANY, N.J., May 13 -- Cadillac(R) Bicycles today announced the unveiling of six sensational bicycle models, marking the introduction of this premium automobile brand to the bicycle market. The Cadillac brand -- synonymous with ... Continue reading
Edmunds.com Announces Consumers' Most Wanted Vehicle Awards for 2005
May 10, 2005
Ford Mustang Named Consumers' Choice for Most Significant Vehicle of the Year; Domestic Cars Win, Place and Show SANTA MONICA, Calif., May 10 -- Edmunds.com, the Internet's premiere resource for consumer automotive information, today announced the winners of the fourth annual Consumers' Most Wanted vehicle awards. (Log ... Continue reading
GM Invests In Website Aimed at Women
May 6, 2005
DETROIT May 6, 2005; General Motors recently launched its “Women in the Driver’s Seat” website to educate, inform and empower women making major automotive buying and servicing decisions. “Women traditionally have not enjoyed the car buying and service experience,” said Cynthia Price, mana ... Continue reading
IntelliChoice Announces New Car Best Deals for May 2005
May 6, 2005
CAMPBELL, Calif.--May 6, 2005--PRIMEDIA's IntelliChoice, the leading source for automotive ownership cost and value analysis, today announced its "Best Deals of the Month" selections for May, identifying the vehicles with the best ownership cost value in 29 respective classes. IntelliChoice's "Best Deals of the Month" ... Continue reading
GM U.S. Sales Results April 2005
May 3, 2005
Cadillac Sales Up 19 Percent; Led by Best-Ever STS Sales and Record CTS Sales Pontiac G6, Chevrolet Cobalt and Buick LaCrosse Again Post Best Sales GM Combined Launch Car Deliveries Up 9.5 Percent Compared to Year-Ago Levels DETROIT - General Motors dealers sold 385,939 new cars and trucks in April. Overall, GM sales w ... Continue reading
NHTSA Opens Investigation of Brakes on 1.2 Million GM Trucks
May 3, 2005
WASHINGTON May 2, 2005; Ken Thomas writing for the AP reported that The U.S. government has opened an investigation of more than 1.2 million General Motors Corp. pickup trucks and sport utility vehicles in 21 states amid questions about the vehicles' antilock brakes. The National Highway Traffic Safety Administration s ... Continue reading
GM Statement Regarding Recalls
Apr 26, 2005
Attributable to Alan Adler, Manager, Product Safety Communications General Motors is voluntarily conducting a safety recall of nearly 1.5 million full-size sport utility vehicles and crew cab pickup trucks because the routing on the second-row center occupant seat belt may make it difficult to properly position the lap ... Continue reading
GM U.S. Sales Analysis March 2005
Apr 22, 2005
Industry selling rate up slightly compared to year ago: The cumulative selling rate for the industry during March was 17.3million units (7.8 million cars and 9.5 million trucks). Performance was up slightly compared to last March’s selling rate of 17.2 million units (7.7 million cars and 9.5 million trucks). Indu ... Continue reading
Award-winning TracVision A5 and DIRECTV Programming to be Available as Dealer-installed Accessory
Apr 19, 2005
MIDDLETOWN, R.I.--April 19, 2005--A ride in a stylish Cadillac Escalade sport utility vehicle just became even more entertaining with today's announcement that Cadillac dealers throughout the United States will begin offering the award-winning TracVision(R) A5 automotive satellite TV system from KVH Industries, Inc., a ... Continue reading
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