Insurance Industry (IIHS) Crash Tests Fail Several Minivans
Sep 19, 2005
Washington DC Sepember 19, 2005; The AIADA newsletter reported that a test conducted by the Insurance Institute for Highway Safety (IIHS) concluded that head restraints in some minivans do not protect people from neck injuries in rear-end crashes, but some automakers are refuting the test results. According to The Asso ... Continue reading
AutoPacific Announces 2005 Vehicle Satisfaction Awards
Sep 15, 2005
Lexus Top Brand, Maxima Top Car, Titan Top Truck TUSTIN, Calif., Sept. 15 -- Results of a study released today by noted automotive consulting firm AutoPacific, Inc. reveal high owner satisfaction with new 2005 model year cars and light trucks. AutoPacific's VSA (Vehicle Satisfaction Award) study is an industry benchmar ... Continue reading
GM North American Vehicle Production for Week of August 29, 2005
Sep 9, 2005
Total U.S. Passenger Car 24,111 Total U.S. Truck 43,978 Total Canada Passenger Car 8,721 Total Canada Truck 5,361 Total N.A. Car and Truck 87,730 Note: Totals exclude joint venture, alliance production (i.e. HUMMER, NUMMI, etc.) North American Scheduled Overtime/Downtime for Week of September 12, 2005 Mon9/12 Tue9/13 W ... Continue reading
Sep 7, 2005
MUNICH, STUTTGART and DETROIT, Sept. 7 -- The BMW Group, DaimlerChrysler AG and General Motors Corporation today signed a "memorandum of understanding" governing the formation of an alliance of equals for the joint development of hybrid drive systems. The three global automakers are cooperating in order to pool their e ... Continue reading
NHTSA: GM Recalling Pickups and SUVs; Hyundai Sonata's; Jeep Latch Investigation
Aug 30, 2005
WASHINGTON August 30, 2005; Ken Thomas writing for the AP reported that General Motors Corp. said Tuesday it was recalling about 800,000 sport utility vehicles and pickup trucks in 14 northern states because corrosion was affecting the antilock brake system, leading to more than 200 low-speed crashes. GM, the world's l ... Continue reading
Moody’s is the Latest to Slash GM, Ford Debt; UAW Near Ready to Work Out Compromise with GM
Aug 25, 2005
Washington DC August 25, 2005; The AIADA newsletter reported that GM and Ford’s ability to borrow money at a reasonable cost worsened Wednesday as Moody’s became the latest in a line of credit rating agencies to move the two automakers to “junk” status as a result of continued operating losses i ... Continue reading
Consumer Report Says Quality Not Incentives Most Important For Auto Buyers
Aug 16, 2005
Incentives Are a Short-Term Fix for Automakers, Study Says DETROIT August 16, 2005; Dee-Ann Durbin writing for the AP reported that a new survey of U.S. vehicle owners released Tuesday indicates that while this summer's employee discounts may give automakers short-term sales gains, improving quality is more important i ... Continue reading
GM Never Leave Your Child Alone Campaign Takes Message to Indiana State Fair
Aug 10, 2005
INDIANAPOLIS - The increasingly busy lifestyles of parents and caregivers and the oven-like temperatures inside a closed vehicle are again proving to be a deadly combination as summer temperatures rise. Media reports show that through June 23 this year, eight children in eight different states died from hyperthermia an ... Continue reading
GM July 2005 Sales Climb 19.1 Percent
Aug 2, 2005
​​​​​ FOR RELEASE: 2005-08-02 CONTACTS GM Reports 530,027 Deliveries in July, Up 20 Percent Truck Deliveries Up 34.5 Percent, Record July and Second-Best-Ever Sales Month All-Time Sales Record for Sport Utility Vehicles Full-Size Pickup Sales Surge 54.5 Percent Setting a New July Record Sa ... Continue reading
NHTSA Model Year 2005 Complete Rollover Ratings
Aug 2, 2005
Model Year 2005 Rollover Ratings NHTSA has released rollover ratings for model year 2005 vehicles. Comparative results can be viewed by class (SUVs, Pickups, Vans or Passenger Cars). The white bar in the Rollover Rating graphic represents the range of percentages for all vehicles tested in a given vehicle class (passen ... Continue reading
General Motors Corp. Drops Its Discount Plan, Ford to Cut Back on Incentives for 2006 Models
Aug 2, 2005
DETROIT August 1, 2005; Dee-Ann Durbin writing for the AP reported that General Motors Corp. dropped its popular employee-discount plan Monday in a signal that the era of big incentives could be ending. Ford Motor Co. said it will continue employee pricing for another month but also will try to cut back on incentives f ... Continue reading
GM Launches Family Of Powertrain Control Systems
Aug 1, 2005
New engine and transmission control systems to power GM lineup GM Powertrain is debuting a family of powertrain control systems in the 2006 model year that ultimately will be used across the majority of the entire General Motors vehicle lineup. The new powertrain controls will debut on the Chevrolet Corvette, Corvette ... Continue reading
GM Promises Consumers Outstanding Value in Their Purchase
Aug 1, 2005
GM Lowers Prices, Redesigns Vehicles, Improves Warranties or Adds Equipment to More Than 50 Models DETROIT - With the introduction of its 2006 models, General Motors is fulfilling its promise to consumers to provide industry-leading value. As part of that commitment, GM is lowering prices, redesigning vehicles, improvi ... Continue reading
Power Information Network Reports: Employee Discounts Creating Desired Results for Big Three
Jul 21, 2005
WESTLAKE VILLAGE, Calif.--July 21, 2005--Offering employee discounts to all consumers appears to be paying off for the Big Three in the form of increased sales and market share, according to actual retail transaction data from more than 6,200 automotive franchises compiled by the Power Information Network (PIN). Both F ... Continue reading
GM Reports Second-Quarter 2005 Financial Results
Jul 20, 2005
Adjusted loss $0.56 per share, reported loss $0.51 per share GM North America posts loss, all other operating units profitable Global market share 15.2 percent, up 0.5 point DETROIT – General Motors Corp. today reported a loss of $318 million, or $0.56 per diluted share, in the second quarter of 2005, excluding s ... Continue reading
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