CHICAGO – The negative effect on new-vehicle sales caused by the slump in the U.S. housing market has General Motors Corp. concerned, but don’t look for any whopper incentive programs from the No.1 auto maker as a way to spark demand. “Our No.1 concern is the housing market,” says Mark LaNeve, vice president-North American sales, service and marketing. “Credit and liquidity problems affect the consumers’ psyche. Any weakness in housing creates a headwind for consumer optimism and having ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.