GM’s actions in Russia will play out over the next nine months and includes halting operations at its assembly plant in St. Petersburg by the middle of this year. Two years ago, GM began a $1 billion expansion of the facility.
The Trax takes aims at two sets of buyers, empty-nesters looking to downsize and young people buying their first new car. It is an approach that has played to varying degrees of success over the years.
GM’s weakness in Europe comes against an otherwise outstanding fourth-quarter financial report from the automaker. The period marked GM’s 20th consecutive quarter of profitability since its 2009 bankruptcy.
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Group Vice President Doug Murtha says buyer demographics for the iA sedan and iM hatchback basically are the same as those for any car in the Scion lineup: people who want a high-mileage, affordable new small car that isn’t bare-bones....More
The in-vehicle experience continues to evolve rapidly, with both automakers and suppliers ramping up the rate of innovation. Here are a few thoughts on how we can bring a human touch to these connected features....More