Anyone who went to the L.A. Auto Show this weekend may have come across the Chevrolet display and the “Chevy Volt Dancers”. Combined with the new “Chevy Volt Song”, the dancers were quite entertaining and funny. Some may describe the display as “terrible” and “embarrassing”, but from what I’ve seen on the Internet, the video could become viral.
Category Archives: General Motors
Management Changes at G.M. Hope to Repay U.S. By End of 2012
Ed Whitacre has only been chief executive of G.M. for a short time but it is evident that he is serious about the companies mission to build and sell the world’s best cars and trucks. Whitacre says he wants to give people more responsibility as well as hold them accountable. Some of his changes are: Mark Reuss, president of North American operations; Susan E. Docherty, G.M.’s vice president for sales and marketing and Nick Reilly president of GM Europe.
Mr. Whitacre and his revamped management team must prove that they can spend taxpayers dollars productively on new cars, trucks and crossover vehicles. The bankruptcy process, which forced the government to step in and lend it a total of $50 billion to survive, removed most of G.M.’s crushing debt load and long-term obligations to its retirees. It also allowed G.M. $42.6 billion in cash reserves which will be put towards designing, building and selling the world’s best vehicles. With these ‘hit’ vehicles, G.M. hopes to become profitable, and once stabilized will be back on the public stock offering. Mr. Reuss said going public and repaying the government are “at the very top of our desires of what this company will look like next year.”
One of the vehicles pushed by G.M. is the Volt. It’s development time has been reduced by seven months which could have us seeing it on roads and early as November of 2010. Another model they hope will be a hit is a small, rear-wheel drive luxury car for the Cadillac division which they hope will compete head-on with the German car maker’s 3-series sedan. Mark Reuss hopes the car would prove that a Cadillac can be every bit as exciting as the best that BMW has to offer.
GM Chairman Plans to Repay Taxpayers
A recent government report stated that taxpayers are not likely to receive full payment for the loan made to GM. Mr. Whitacre, General Motor’s Chairman, says that General Motors has every intention of repaying the taxpayers $6.7 billion. This excludes nearly a billion dollars that was lent to the old GM that remains in bankruptcy. The remaining $50 billion that was borrowed was given in the form of stock which the U.S. Government hopes to get back from public stock offerings.
Nissan Plans World’s Least Expensive Car
The chief of Nissan has announced plans to produce a small car for sale in India. It will cost less than any other car sold in the world. It should be available in 2011.
The car will be manufactured by Bajaj Auto in India. It will compete with with Tata Motors, Nano, which sells for as little as $2,500.00 and started selling this year. The Nano is a hatch back that can seat up to five people.
General Motors and Toyota have announced that they also intend to sell a low cost car in India.
Saturn Outlook Recall
2006 Saturn Outlook – Fuel System problem – On some motor homes built on a Ford chassis, the fasteners holding the fuel tank mounting may not have been properly tightened which could mean the fuel tank might loosen and fall. If this happens, there is the possibility for the tank to ignite which could result in personal injury, and property damage. Please call you dealership to schedule an appointment immediately.
Saturn Outlook Recall
2006 Saturn Outlook – structure problem – On certain motor homes equipped with Kwikee electric steps, the steps may have been manufactured incorrectly. The defective control unit could develop an electrical short which could cause the plastic case to ignite. This could result in a personal injury and/or vehicle property damage. Please contact your dealer immediately.
New GM Money Back Guarantee Program
General Motors announced their new money-back guarantee program which sill start Monday, September 14, 2009 and go through November 30, 2009. The program involves new 2009 or 2010 Chevrolet’s, Buick’s, Cadillac’s or GMC’s.
If you are not satisfied with your vehicle it can be returned between 31 to 60 days after you have purchased it and cannot have been driven more than 4000 miles. Owners must be current on their finance payments. If you return your vehicle you will be repaid the purchase price, excluding dealer installed accessories. Also if you have traded in a car worth less that the amount that was owed on the vehicle, that difference (negative equity) will be deducted from the refund.
Having repeat problems with your GM vehicle and think that you may be driving a lemon? Call the California Lemon Law Firm, Delsack and Associates for a Free CA Lemon Law consultation. They will be happy to answer your questions. They can be reached at 888-Ex-Lemon (888-395-3666).
General Motors to Drop G.M. Logo
General Motors has decided to remove the “G.M. Mark of Excellence” logos from its Buick, Cadillac, Chevrolet, and GMC models. The logo has been on the vehicles since 2005. The reason given is that G. M. wants to emphasize these remaining brands. Research has shown that their customers think more of the individual brands than they do of General Motors in light of all their financial problems.
Are you are you having problems with your vehicle whether it be a Buick, Cadillac, Chevrolet, GMC, Pontiac, Hummer, Saturn or Saab? Call our offices for a Free California Lemon Law consultation. The toll free number is 888-Ex-Lemon.
