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:
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MYTH:
Nov 20 00:19 am
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All Comments by AmericanVOR »Automakers: Bailout Arguments, Pro and Con [View article]
"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%