Seeking Alpha

General Motors (GM) won't chase "volume at all costs" with its Cadillac brand, according to CFO...

General Motors (GM) won't chase "volume at all costs" with its Cadillac brand, according to CFO Dan Ammann. While German automakers (DDAIF.PK, BAMXY.PK, VLKAY.PK) start to chase each other in every luxury segment, GM will pick and choose where Cadillac competes. YTD U.S. sales: Mercedes-Benz 98,511; BMW 88,127; Lexus 74,831; Cadillac 55,942; Audi 47,343.
Comments (2)
  • Why is GM still here? They make scrap metal, not well done cars like Benz, Audi, BMW
    14 May 2013, 09:18 PM Reply Like
  • Besides Audi, VW also has Porsche versions, so VW probably outsell all of em in the upper end of cars. Bentley, also. GM has nothing in the league of what VW offers. GM, no reason to exist.
    14 May 2013, 09:21 PM Reply Like
DJIA (DIA) S&P 500 (SPY)