GM November 2005 Sales Results
Dec 1, 2005
GM Reports 281,288 Deliveries in November Chevrolet Impala, Pontiac G6 and Buick LaCrosse Pace Strengthening Mid-Size Car Sales Led by New H3, HUMMER Ranks as Fastest-Growing Brand in U.S. Pontiac and Saturn Post Double-Digit Sales Gains DETROIT - General Motors dealers in the United States sold 281,288 new cars and tr ... Continue reading
GM North America's Four Point Turnaround Plan
Nov 21, 2005
Following is a brief update and summary of the other key elements of the GMNA turnaround plan beyond structural cost reductions. Health-care Cost Reductions On Oct. 17, GM announced a far-reaching agreement with the UAW that will introduce a series of changes to the hourly retiree health-care plan. As part of the agree ... Continue reading
Toyota November U.S. Retail Sales Beating Ford, Beating Chrysler and Closing In On GM
Nov 18, 2005
DETROIT, Nov 18, 2005; Reuters reported that Toyota Motor Corp. grabbed more U.S. retail market share than Ford Motor Co. in early November and it was less than one share point behind General Motors Corp., J.D. Power and Associates said on Friday. A report from the industry tracking firm's closely watched Power Informa ... Continue reading
GM Launches 'Red Tag' Incentive Program for Cars and Light Trucks Through Jan. 3
Nov 14, 2005
DETROIT November 14, 2005; David N. Goodman writing fotr the AP reported that hoping to boost sales, General Motors Corp. on Monday announced a new incentives program of "Red Tag" prices on cars and light trucks through Jan. 3. The announcement comes at a time when GM has been suffering billion-dollar losses and a decl ... Continue reading
Incentives on Domestic SUVs Strong Possibility, Say Texas Dealers
Nov 8, 2005
Washington DC November 8, 2005; The AIADA newsletter reported that after slow October sales, auto dealers in Texas say domestic automakers may decide to impose consumer incentives on full-size SUVs, reports The Dallas Morning News. Automakers Ford and GM already have incentives of $2,000 on most full-size pickups and $ ... Continue reading
HUMMER to sponsor Team Dakar USA
Nov 2, 2005
HUMMER to sponsor Team <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Dakar USA <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> World-renowned driver to pilot H3 in world’s most challenging off-road race DETROIT -- HUMMER Division and Robby Gordon Mot ... Continue reading
Tokyo Motor Show Exposes Wide Gap Between Bullish Japan and Bearish U.S. car Makers
Oct 21, 2005
CHIBA October 21, 2005; The Asahi Shimbun today reported that the gap between bullish Japanese automakers and their bearish U.S. counterparts was a study in extremes at the Tokyo Motor Show, with the Japan side exhibiting a tour de force and the presidents of the U.S. majors skipping the event. The show in Makuhari Mes ... Continue reading
UAW Leadership Endorses GM Healthcare Deal
Oct 20, 2005
DETROIT, Oct 20, 205; Reuters reported that the United Auto Workers union on Thursday said its leadership had unanimously endorsed a deal with General Motors Corp. allowing the automaker to slash its multibillion-dollar health-care costs by cutting benefits for UAW-protected blue-collar workers and retirees. UAW Presid ... Continue reading
Bob Lutz Reveals New Structure, Hints at New GM Models
Oct 19, 2005
By Steve Purdy Detroit Bureau GM, it seems, has been reorganizing nonstop since the early 80s. OK. Maybe that is an exaggeration but the largest industrial corporation in the world has had much trouble getting a firm grip on how best to organize itself to compete in a world industry that is diametrically different than ... Continue reading
GM- Right From the Horses Mouth
Oct 17, 2005
3rd Quarter 2005 Earnings Broadcast Rick Wagoner GM Chairman and CEO Renaissance Center In this speech by General Motors management, our use of the words "expect", "anticipate", "design," "estimate", "forecast", "initiative," "objective", "plan", "goal", "project", "outlook", "priorities," "targets", "intend", "evaluat ... Continue reading
Oct 14, 2005
Design Meets Personalization at GM's Accessory Design Studio
Oct 13, 2005
DETROIT - General Motors is taking the vehicle personalization business to the next level with an investment in its GM Accessory Design Studio (GMADS) in Auburn Hills, Mich. The studio is dedicated to the design of high-quality accessories that integrate seamlessly into the style and function of GM vehicles, setting a ... Continue reading
American Red Cross, HUMMER and GM Foundation Announce Six-Year Partnership
Oct 12, 2005
72 HUMMER Vehicles, $600,000 to be Donated by GM Foundation WASHINGTON, Oct. 12 -- The American Red Cross and HUMMER are pleased to announce a partnership which will provide the American Red Cross with vehicles and cash totaling $4 million, through a donation from the GM Foundation. This month, American Red Cross chapt ... Continue reading
Oct 12, 2005
Washington DC October 12, 2005; The AIADA newsletter reported that General Motors Vice Chairman Bob Lutz on Tuesday announced plans to streamline engineering and production of new models and possibly build more autos overseas, in an effort to trim costs by $1 billion, reports Bloomberg News. Beginning January 1, Lutz s ... Continue reading
GM Management - The Heat Builds Up as Troubles Mount
Oct 12, 2005
DETROIT October 12, 2005; Tom Brown writing fo0r Reuters reported that General Motors Corp. Chairman and Chief Executive Rick Wagoner is feeling heat. The pressure is mounting on Wagoner with its main auto parts supplier in bankruptcy, GM's share price near multiyear lows and its once-robust sales of gas-guzzling SUVs ... Continue reading
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