Slow Pickup Sales Hurts Detroit Automakers
Jul 11, 2006
DETROIT, July 10, 2006; Poornima Gupta writing for Reuters reported that U.S. sales of full-size pickup trucks have slowed in recent months on rising interest rates and high gas prices, increasing pressure on Detroit's automakers to boost incentives and clear swollen inventories. The pickup truck segment has been a sou ... Continue reading
General Motors Presents 3rd Annual GM All-Car Showdown
Jul 8, 2006
HOSTED BY SHAQUILLE O'NEAL TO BE HELD JULY 11, 2006 IN HOLLYWOOD Athletes & Celebrity Automotive Enthusiasts SHOW OFF Their Hot Rides to compete for "King of bling" title LOS ANGELES - July 8, 2006: The 3rd annual GM All-Car Showdown, hosted by Shaquille O'Neal, an invitation-only, charity-driven event celebrating the ... Continue reading
GM To Proceed With Exploratory Discussions With Renault, Nissan
Jul 8, 2006
North American turnaround strategy remains top priority DETROIT - July 8, 2006: Yesterday, the General Motors Board of Directors endorsed a recommendation by the company's senior management that it engage in exploratory discussions with Renault and Nissan regarding GM's potential participation in an alliance among the ... Continue reading
June 2006 US Auto Sales- Ford, Chrysler, GM and Nissan Sales Down, Toyota Up
Jul 3, 2006
DETROIT, July 3, 2006; Reuters reported that Ford Motor Co. and Daimler Chrysler AG (DCXGn.DE: Quote, Profile, Research) on Monday reported lower June sales, citing high gasoline prices and slower sales of trucks and sport utility vehicles, signaling a weak start to the summer season. Sales for Toyota Motor Corp., whic ... Continue reading
GM U.S. June 2006 US Sales Down 26%t
Jul 3, 2006
DETROIT, July 3, 2006; Reuters reported that General Motors Corp. said its U.S. sales fell 25.9 percent in June, a sharp decline from last year's incentive-boosted results and in line with the company's cautionary forecast. The world's largest automaker sold 413,473 vehicles in the United States last month, compared wi ... Continue reading
GM Delivers 413,473 Vehicles in June, Highest Monthly Sales Of 2006:
Jul 3, 2006
FOR RELEASE: 2006-07-03 CONTACTS Sales up 15.2 Percent Compared To May Launch Vehicles Continue Momentum Highest Market Share of 2006 Anticipated DETROIT - General Motors' dealers in the United States sold 413,473 new cars and trucks in June, the company's best sales performance year-to-date, up 15.2 percent, or about ... Continue reading
Nissan-Renault Responds to GM/Nissan Report
Jul 3, 2006
PARIS - July 3, 2006: In a brief formal statement, The Renault-Nissan Alliance is an open partnership, which has never been restricted to two partners. Under the right circumstances and with the appropriate partners, the Alliance could be expanded further. Such an expansion would only be considered by the Alliance if i ... Continue reading
CSM Worldwide Analysis: General Motors, Renault-Nissan Alliance Would Create Global Powerhouse
Jul 1, 2006
NORTHVILLE, Mich., June 30 -- Automotive market forecaster CSM Worldwide says the alliance among General Motors, Renault and Nissan proposed today by GM investor Kirk Kerkorian would create a one-of-a-kind global enterprise that would hold dominant positions in at least three of the world's major vehicle markets. Accor ... Continue reading
Jun 29, 2006
DETROIT - June 29, 2006: General Motors has announced plans to buyout or offer an early retirement package to an estimated 30,000 hourly employees. GM Chairman and CEO Rick Wagoner says the deal will help General Motors reduce their structural costs from 34 percent of revenue in 2005 to 25 percent of revenue in 2010. D ... Continue reading
GM To Build Chevrolets in Poland?
Jun 26, 2006
FRANKFURT, June 25, 2006; Reuters reported that General Motors is in advanced talks with Ukrainian automaker UkrAvto on forming a joint venture to manufacture Chevrolet cars in Poland, a spokesman for the U.S. carmaker said on Sunday. "We are talking to them and are making good progress in the talks," he said, stressin ... Continue reading
Jun 23, 2006
GMC Dealers Provide FlexFuel Vehicles for Greeley Independence Stampede Greeley, CO - June 23, 2006: Colorado's GMC dealers are drawing attention to their vehicles that can run on corn-based E85 fuel with a high-visibility promotion at the Greeley Independence Stampede, June 23 through July 4, 2006. GMC, which is provi ... Continue reading
Jun 21, 2006
GM's Highest Volume Vehicle Tops its Segment in Leading Quality Studies as Chevrolet Prepares to Launch All New Silverado Later This Year Detroit -- Yesterday, Chevroletâs Silverado 2500 and 3500 won the heavy-duty pickup segment in Strategic Visionsâ 2006 Total Quality Awardsâ¢. Earlier this month, Chevr ... Continue reading
GM's 3.9L V-6 Family Grows With E85-Capable And Fuel-Saving Active Fuel Management™ Versions
Jun 20, 2006
Chicago, IL. - Today at the Midwest Automotive Media Association meeting Ed Peper, General Manager, Chevrolet, announced General Motor's first V-6 application of fuel-saving Active Fuel Management⢠on the 3.9L V-6 offered in the 2007 Chevy Impala, and E85 ethanol fuel capability on the 3.9L V-6 offered in the '07 ... Continue reading
Larger-Displacement 2.9L and 3.7L Vortec Inline Engines Deliver More Power
Jun 20, 2006
PONTIAC, Mich. - For the 2007 model year, GM's popular midsize trucks - Chevrolet Colorado and GMC Canyon - as well as the HUMMER H3 SUV, feature new, larger-displacement inline four- and five-cylinder engines. The new Vortec 2.9L I-4 and Vortec 3.7L I-5 deliver more horsepower and torque than the engines they replace, ... Continue reading
IIHS Side Impact Crash Test Results: Impala, Avalon Top Large Car Performers - VIDEO ENHANCED STORY
Jun 19, 2006
ARLINGTON, VA June 18, 2006; The redesigned Chevrolet Impala and Toyota Avalon, both equipped with standard side airbags, earn top ratings of good in side crash tests that simulate an impact from an SUV or pickup truck. The Insurance Institute for Highway Safety recently conducted side tests of eight large family cars. ... Continue reading
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