U.S. Automakers Dramatically Lowed Discounts, Rebates in October; Sales Plummet
Nov 4, 2005
DETROIT November 4, 2005; Dee-Ann Durbin writing for the AP reported U.S. automakers lowered discounts and rebates dramatically in October, part of a strategy to focus more on quality and value and less on cash bonuses. But sales plummeted, and analysts wonder if automakers will have the patience to stick with their st ... Continue reading
GM Prepares For Higher Solstice and Sky Output At Delaware Plant
Nov 3, 2005
Company Moves to Speed Pontiac Solstice Production, Prepare for Saturn Sky PONTIAC, Mich. - General Motors today announced plans to add a third shift of production at its Wilmington, Del., car assembly plant after the first of the year. The plant, which currently produces the Pontiac Solstice roadster, will begin build ... Continue reading
Edmunds.com Announces Pontiac Solstice as Most Significant Vehicle for 2006 at SEMA Show
Nov 2, 2005
LAS VEGAS, Nov. 2 -- Edmunds.com (http://www.edmunds.com/), the Internet's premier resource for consumer automotive information, today named the Pontiac Solstice as its Most Significant Vehicle for 2006 during the Specialty Equipment Market Association (SEMA) Show. (Logo: http://www.newscom.com/cgi-bin/prnh/20031009/LA ... Continue reading
GM to Double Number of Crossover Entries to 14 by 2009
Oct 29, 2005
DETROIT - General Motors will double its number of entries in the rapidly growing crossover vehicle segment to 14 during the next four years, Bob Lutz, vice chairman of product development, said today. Crossovers, which combine the best features of cars and sport utility vehicles, have become increasingly popular with ... Continue reading
GM's 2005 SEMA Showcase Proves Great Things Are Still Found In Smaller Packages
Oct 26, 2005
Las Vegas - GM's small-vehicle lineup will make a big impact at this year's Specialty Equipment Market Association (SEMA) show, proving that with the right combination of technology, great products and accessories, it's possible to pack performance, style and fuel economy into one exciting package. Among the 25 smaller ... Continue reading
Oct 25, 2005
By Steve Purdy Detroit Bureau Let’s review GM’s history of producing two-seat sports cars. First, the Corvette was brought out in 1953 considerably underpowered but sexy enough to compete with the popular underpowered British sports cars of the day. Fortunately, the introduction of the small-block V-8 in &# ... Continue reading
GM and the Last Chance Saloon, 2006 Chevrolet Corvette Z06 Review, 2006 Pontiac Solstice
Oct 24, 2005
By Andrew Frankl European Bureau Chief It was something out of a Western. You know the scene, sleepy little one horse town with a saloon and always weary of the bad guys. Remote, surrounded by mountains with only coyotes disturbing the eerie silence at night. Until I got there with slightly more than one horse. 505 in ... Continue reading
Tokyo Motor Show Exposes Wide Gap Between Bullish Japan and Bearish U.S. car Makers
Oct 21, 2005
CHIBA October 21, 2005; The Asahi Shimbun today reported that the gap between bullish Japanese automakers and their bearish U.S. counterparts was a study in extremes at the Tokyo Motor Show, with the Japan side exhibiting a tour de force and the presidents of the U.S. majors skipping the event. The show in Makuhari Mes ... Continue reading
UAW Leadership Endorses GM Healthcare Deal
Oct 20, 2005
DETROIT, Oct 20, 205; Reuters reported that the United Auto Workers union on Thursday said its leadership had unanimously endorsed a deal with General Motors Corp. allowing the automaker to slash its multibillion-dollar health-care costs by cutting benefits for UAW-protected blue-collar workers and retirees. UAW Presid ... Continue reading
Bob Lutz Reveals New Structure, Hints at New GM Models
Oct 19, 2005
By Steve Purdy Detroit Bureau GM, it seems, has been reorganizing nonstop since the early 80s. OK. Maybe that is an exaggeration but the largest industrial corporation in the world has had much trouble getting a firm grip on how best to organize itself to compete in a world industry that is diametrically different than ... Continue reading
GM- Right From the Horses Mouth
Oct 17, 2005
3rd Quarter 2005 Earnings Broadcast Rick Wagoner GM Chairman and CEO Renaissance Center In this speech by General Motors management, our use of the words "expect", "anticipate", "design," "estimate", "forecast", "initiative," "objective", "plan", "goal", "project", "outlook", "priorities," "targets", "intend", "evaluat ... Continue reading
Oct 14, 2005
Design Meets Personalization at GM's Accessory Design Studio
Oct 13, 2005
DETROIT - General Motors is taking the vehicle personalization business to the next level with an investment in its GM Accessory Design Studio (GMADS) in Auburn Hills, Mich. The studio is dedicated to the design of high-quality accessories that integrate seamlessly into the style and function of GM vehicles, setting a ... Continue reading
Oct 12, 2005
Washington DC October 12, 2005; The AIADA newsletter reported that General Motors Vice Chairman Bob Lutz on Tuesday announced plans to streamline engineering and production of new models and possibly build more autos overseas, in an effort to trim costs by $1 billion, reports Bloomberg News. Beginning January 1, Lutz s ... Continue reading
GM Management - The Heat Builds Up as Troubles Mount
Oct 12, 2005
DETROIT October 12, 2005; Tom Brown writing fo0r Reuters reported that General Motors Corp. Chairman and Chief Executive Rick Wagoner is feeling heat. The pressure is mounting on Wagoner with its main auto parts supplier in bankruptcy, GM's share price near multiyear lows and its once-robust sales of gas-guzzling SUVs ... Continue reading
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