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New Vehicles on the horizon from General Motors
According to the Automotive News (www.autonews.com), General Motors is getting ready to tackle the next round of $4.00 per gallon price hikes (whenever that happens) by preparing to sell a number of new, fuel efficient small cars across its product range during the next three to four years: Chevrolet (the Aveo in 2011; the Spark in 2012), GMC (the Granite- a small, car-based truck-possibly in 2014), Buick (the Verano, in 2012), as well as Cadillac (the ATS--possibly in 2013 04 2014). Don't forget about the Chevrolet Cobalt Replacement, the 2011 Chevrolet Cruze (see photo above), which should make its debut later this year. GM will also be designing) its larger models to produce better fuel economy, too.
Source: Automotive News 8/9/10
Good News for Ford
The Wall Street Journal (online.wsj.com) is reporting that Ford's profits may be moving higher. Ford has reshaped the company by streamlining its business. It cut costs, sold Land Rover, Volvo and Jaguar in recent years and vastly improved its product quality (which reduces warranty costs and helps resale values rise). However, Ford will losing some money in the second half of 2010 because it is discontinuing the Mercury brand. Nevertheless, Ford has introduced some successful vehicles (the 2010/2011 Mustang (insert photo), 2010 F-150, 2010 Taurus and the 2011 Fiesta, for example) and it has more new vehicles on the way (the Focus, as well as the Explorer, just to name a few). Ford will also be bringing new Lincoln models to the market soon, fortifying that lineup.
Source: The Wall Street Journal Online 8/8/10
Photos by P. Scott
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