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  • Automakers: Bailout Arguments, Pro and Con [View article]
    MYTH:

    "GM cannot build cars that people want at a price people can afford. That is the bottom line."

    FACTS:

    GM outsold Toyota by about 1.2 million vehicles in the United States last year and holds a U.S. lead over Toyota of about 560,000 so far this year. Globally, GM in 2007 remained the world's largest automaker, selling 9,369,524 vehicles worldwide -- about 3,000 more than Toyota.

    Although total U.S. vehicle sales are down almost 15% so far this year (through October), a number of GM cars and crossovers have enjoyed significant sales increases:

    Chevy Malibu +39%
    Pontiac Vibe +36%
    Pontiac G6 + 4%
    Cadillac CTS +15%
    Saturn Aura +7%
    GMC Acadia +2%
    Buick Enclave +88%


    Nov 20 00:19 am |Rating: +4 -1
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