General Motors Aim To Claim Back More Market Share
The giant of the motoring industry, General Motors, who own brands like Chevrolet, GMC, Cadillac, Pontiac and Buick, have reveasleda line-up of new car £. Just last month, the motoring giant recovered after 40 days of bankruptcy, within those 40 days, the government invested $50 billion, making it around 60% owned by the public.
Now that General Motors have recovered from bankruptcy, they can now look ahead and shape their brands to make more sales. Within the past week, they have released details about the new ways they will be selling their cars. One of the methods was by listing their vehicles on eBay which began on August 11th.
On August 11th, General Motors invited a select group of 100 consumers to join them at their proving ground in Detroit. The event was comprised of showing off a series of new cars that will soon be released by the motoring company. After they recovered from bankruptcy, the company took a long hard look at their car models and decided to make some changes.
Currently most of their cars are the size of tanks and eat fuel, these used to be very popular, however, due to climate change, they are becoming less popular as drivers become more eco-friendly. To try and full in some younger clients to their showrooms, General Motors have designed a set of smaller and more fuel efficient cars for a number of their car brands.
There were a few cars announced, one that’s expected to become very popular is the Chevrolet Volt. This car is said to be set for release in 2010, it’s already become very popular because of how many miles per gallon it can manage. Currently the car is estimated to be able to do 230 miles per gallon which is a huge amount and it drastically reduces the running of the car.
The other announcement that was welcomed was the new model Cadillac. The new Cadillac is a new small sports sedan and it will have either rear wheel or four wheel drive. The new car came with no release date, but it is said to be smaller than the very popular CTS model.
General Motors announced a huge number of plans for their brands over the next 3 years. Some of those plans included doubling the amount of models Buick have, going from the current 3, up to 6. We’ll have to watch out to see when they are released and what effect they will have for General Motors. If we’re lucky, some of these models will get into the UK in the contract hire market. At this stage, the only big American car you can lease in the UK is a Chrysler lease. Alternatively, another option to you would be to opt for cheap van leasing because they’re the closest size match to a Chevrolet