The latest iteration, which marks the Malibu’s third redesign in just over three years, will deliver on key customer demands such as fuel economy, value, technology, safety and distinctive design, GM executives predict.
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.
The knowledge gap already could be affecting sales of advanced-technology vehicles, which last year accounted for 3.5% of the nearly 17 million cars and trucks sold in the U.S., according to WardsAuto data....More
“Logically, Cadillac is not disconnected from GM,” the longtime luxury executive says. “The way we want to organize the business in the future is that Cadillac will own the entire process, all the things that touch Cadillac.”...More