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.
While Cadillac’s president sees a need to address a product gap below the ATS compact sports sedan with a vehicles the size of the Audi A3 or BMW 1-Series, he suggests the top of the market will draw attention first.
The added all-electric range pushes the new Volt’s combined traveling distance to 420 miles from 380 miles currently. Fuel economy from the 1.5L gasoline range-extender engine rises to 41 mpg from 37 mpg.
GM delivered 274,483 vehicles last month, compared with 230,157 units year-ago, according to WardsAuto data. The automaker sold a total 2.9 million vehicles last year, up 5.3% over 2.8 million in 2013.
Electric cars simply are more convenient than gasoline cars and will only become more so. My electric car is always full. This is because I plug it in every night. I almost never have to take it to the garage, because upgrades/fixes are downloaded overnight....More