posted by GM Dog on Mar 1

An impressive 23% gain has been officially released by car company General Motors for its January figures. The company’s total sale of about 178,896 cars is an impressive boost when compared to last year’s figures.

General Motors said that their pick up and crossover sales are the strong points that led to the increased figures. According to the press release, the car company’s sales for its fleets have suffered a 7% decrease due to the 11% decline in rental fleet sales. Crossovers increased by 35%, trucks at 34%, and cars at 39%.

According to the vice president of the Sales Operations division in the U.S., Don Johnson, they are optimistic that the month of January has given then a good start for the year. Johnson added that the gains are widespread in all segments with the sales from their new models leading the hike to success.

The combined sales coming from models Silverado HD, Cruze, Chevrolet Equinox, Volt, Regal, Buick LaCrosse, Terrain, GMC Sierrra HD, CTS Coupe, CTS Wagon, and Cadillac SRX have given the car company an impressive 31% increase in gains. In January alone, the retail sales figures have increased by almost 61%.

Due to the high demand for GM models Buick regal, CTS Coupe, and Chevrolet Cruze, the total sales for these passenger car models rose to 15% for January. As for the company’s roster of eco-friendly crossovers, the Chevrolet Equinox has led the 31% increase in total sales. Johnson adds that the company’s average-sized crossovers like the GMC Acadia are also starting to rake in big sales figures because of its appeal to the customers in terms of style, functionality and fuel efficiency.

posted by GM Dog on Oct 1

light trucks GMTwo years from now, General Motors India’s combined business project with China’s SAIC will bring a line of three passenger vehicles and two mini-trucks to India which will bear the Chevrolet brand.  This is what India’s General Motor executive Karl Slym.

Slym explained that in the next three to four years, the popularity of light commercial vehicles will rise up to 24%, a rate wherein a foreseeable market growth is expected and wherein mini trucks in the sub-one ton and one ton categories, can be priced aggressively.

India manufactures a very small quantity of light trucks.  So far, Tata is the only brand who dominates the light truck market by almost 90%.   The others, namely Force Motors Trumpas, Bajaj Auto GC Max, Piaggio Ape, and Mahindra & Mahindra Gio, have small shares in the market.  Soon, General Motors will join in the light trucks markets of India too.

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posted by GM Dog on Aug 8

p7 GM dealerBefore General Motors declared bankruptcy last year, it had about 6,000 dealerships. The network is undergoing a restructuring following a mandated arbitration by the US Congress. GM is expected to have 4,500 dealers to end the year.

The plan was disclosed during a meeting with financial analysts and bankers. The executives gave a briefing with regard to the company’s plans as it may offer public stocks before 2010 closes.

The carmaker ended their agreements with roughly 2,000 dealers when it went into bankruptcy in 2009. The logic is that a smaller network will allow GM to save some money and beef up their sales and earnings at their remaining locations.

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