New Car Line-Up Revealed By General Motors
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. Less than a month ago, General Motors recovered from 40 days of bankruptcy where the government pumped over $50 billion into the company, now making it 60% owned by the taxpayers.
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. At the beginning of August they announced how they are exploring new ways to sell their cars. A trial method they are running from August 11th is selling the new cars on eBay, the online auction site.
Last Tuesday, August 11th, General Motors invited a group of hand chosen consumers to Detroit for a special event. The reason for the event was to show off the new series of cars that General Motors are releasing for various brands. After they bounced back from bankruptcy, General Motors have been looking at their current car models, and they want change.
At the moment, most of their cars are large tank like vehicles that do very little miles per gallon, at one point these were very popular with Americans, however, motorists are choosing smaller and more greener cars these days. To try and attract younger and greener customers, they have created a series of new models for their brands that are smaller and more fuel efficient.
A couple of the cars announced that will be very popular is the Chevrolet Volt. This car is scheduled for release sometime in 2010 and it’s become popular due to the number of miles per gallon it can do. Currently, it’s been reported that the new Volt can do around 230 miles per gallon of city driving.
The other note worthy car is the new Cadillac that’s been announced. The new model Cadillac, that comes with either rear wheel or 4 wheel drive, is going to be a small sport sedan. The new car came with no release date, but it is said to be smaller than the very popular CTS model.
During the event, a number of planned changes were announced by General Motors, all of which are expected to take effect within 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 keep one eye open to see what cars are released first and what sort of effect they have on General Motors’ market share. Hopefully we’ll get some of these new models coming to the UK contract hire market. Currently, the only big American you can really lease is a Chrysler lease. Alternatively, another option to you would be to opt for cheap van leasing simply because they are almost as big as a Chevrolet.
