Last month’s sales signal a slowdown expected to continue in June as the backlog from last year’s first-car tax-rebate scheme and natural disasters in 2011 and 2012 subsides and the market returns to normal....More
“Flat is the new up,” AlixPartners Stefano Aversa says. “The good news is that the decline will stop, but the bad news is that it will not get better anytime soon.”...More
The new advertising content will draw on the brand’s heritage but avoid nostalgia, says Bob Feruson. “It is a story that differentiates us from the European or Japanese competitor.”...More
For Jeffrey Glover, outgoing managing director, the expansion is one of the most important moments of his time at Togliatti. The project’s approval means funding for the next-gen Chevy Niva and the addition of press and body shops....More
“Going forward, our competitors are going to be on the south end of a northbound mule,” Akerson tells Wall Street analysts during a business update and product showcase outside Detroit....More
Mary Bara tells Wall Street analysts GM expects to cut the architectures underpinning its vehicles to 17 in 2018 from 30 in 2010. The plan would move 96% of GM’s forecasted global production volume to core platforms....More
Engineers can’t make the Cruze diesel totally quiet. That will take another evolution. But someday the totally noiseless diesel will come, Gary Altman says, noting it will take changes in combustion technology as well as engine materials....More
GMC stages a "Trailering Academy" on a Southern California airstrip to demonstrate the capabilities of the new Sierra pickup and its 5.3L small-block V-8, hitched to a 5,500-lb. Airstream camper.
U.S. luxury-vehicle sales are up 9.0% through May, outpacing the overall industry growth of 7.1%. Which luxury brand do you think will gain the most market share in 2013?
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