Category: GM (Page 6 of 6)

Finalists announced for North American Car and Truck of the Year


From the Detroit Free Press
:

Fuel efficiency and new electric car technology helped several cars and trucks battle their way into the finalist ring for North American Car and Truck of the Year — a highly anticipated award in the auto industry.

The finalists were announced Thursday at an event hosted by the Automotive Press Association. For Car of the Year: Chevrolet Volt, Hyundai Sonata and Nissan Leaf. For Truck of the Year: Dodge Durango, Ford Explorer and Jeep Grand Cherokee.

The North American Car and Truck of the Year awards are given by a jury of 49 veteran automotive journalists from Canada and the U.S. The winners will be announced on Jan. 10 at the Detroit auto show. Here is a closer look:

Chevrolet Volt: After nearly four years of anticipation, Chevrolet’s extended-range electric car has arrived. It travels 25-50 miles on an electric charge before switching over to a gas generator. Price: $41,000 (before tax credits of up to $7,500). Mileage: EPA rated 35 miles per charge and then 37 m.p.g.

Read the full article.

A Closer Look at GM’s Chapter 11 Restructuring

The GM you knew last year, at the core of the auto-industry meltdown doesn’t exist anymore. In it’s place is a much more trim and nimble GM that is poised for success. Today, with the help of our friends from the CarInsurance Blog we take a look at GM, before and after its restructuring.

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The truck sale battle rages on

The truck sales battle continues between Ford, Chrysler and GM as the Detroit 3 comprise of over 90% of this market. So many factors go into the decision when purchasing or leasing a vehicle and somewhere between products and bailouts Ford has been pushing the right buttons with customers. Ford has gained 5.2 percentage points of market share in the full sized truck segment this year and as the market slowly recovers that could mean big profits for the Blue Oval.

From the Detroit Free Press:

After owning three Ram pickups, Jason Reed of Texas — the nation’s largest pickup market — decided to switch brands in April: He bought a Ford F-150.

“I’ve never been a Ford guy — ever,” said Reed, 42.

He wasn’t just won over by the features on the Ford truck, though. Another factor also helped seal the deal: the taxpayer-backed bankruptcies of Chrysler and General Motors.

“I just don’t like the idea of our federal government doing that,” Reed said.

Read the full article here.

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