General Motors Develop Greener and Smaller Cars
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The giant of the motoring industry, General Motors, who own brands like Chevrolet, GMC, Cadillac, Pontiac and Buick, have reveasleda line-up of new cars. 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 managed to get out of their bankruptcy rut, they are starting to look to the future and see how they can change. Within the past week, they have released details about the new ways they will be selling their cars. A trial method they are running from August 11th is selling the new cars on eBay, the online auction site.
On August 11th, General Motors invited over 100 hand picked consumers to an event they were holding in Detroit. The event was used to show off the new range of cars that General Motors will be releasing in the next year. After they recovered from bankruptcy, the company took a long hard look at their car models and decided to make some changes.
Currently the majority of their cars are large, gas guzzling tanks that although have been popular in the past, they are not so much now. In an attempt to bring in a greener and younger customers, they have designed a series of smaller and more fuel efficient cars that will be released across their range of brands.
A couple of the cars announced that will be very popular is the Chevrolet Volt. This car is said to be ready for release sometime in 2010, it’s already gathered alot of popularity because of the number of miles per gallon it can do. Currently it’s estimated that the car can do 230 miles per gallon, which should reduce running costs greatly.
The new model Cadillac was the other big annoucnement at the event. The new model Cadillac is a small sports sedan and you can choose either rear or four wheel drive. This new car is going to be smaller than the popular CTS model.
General Motors announced a huge number of plans for their brands over the next 3 years. Other plans announced included doubling the amount o f cars Buick have from 3 to 6. We’ll have to watch out to see when they are released and what effect they will have for General Motors. I just hope we in the UK will get some of these new models coming to the contract hire market. Currently if you are after leasing a large American car, you have to get a Chrysler lease. Another possibility would be to go for cheap van leasing considering they are the closest to a Chevrolet, size wise.
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