The giant of the motoring industry, General Motors, who own brands like Chevrolet, GMC, Cadillac, Pontiac and Buick, have reveasleda line-up of new cars. Only last month, General Motors recovered from 40 days of bankruptcy, in that time the US government invested $50 billion into the company, making it now 60% public owned.
Now that General Motors are save from bankruptcy for a while, they are starting to look ahead and make changes to their brands. Just a few days ago, they announced they are exploring new methods for selling their cars. A trial method they are running from August 11th is selling the new cars on eBay, the online auction site.
On August 11th, General Motors invited a select group of 100 consumers to join them at their proving ground in Detroit. The event was comprised of showing off a series of new cars that will soon be released by the motoring company. After bouncing back after being struck by bankruptcy, the company have looked at their car models and are looking to make some new changes.
Currently the majority of their cars are large, gas guzzling tanks that although have been popular in the past, they are not so much now. In an attempt to get younger and greener customers, General Motors have put together a series of smaller and fuel efficient cars that will be released for a number of their car brands.
There were a few cars announced, one that’s expected to become very popular is the Chevrolet Volt. This car is said to be set for release in 2010, it’s already become very popular because of how many miles per gallon it can manage. Currently, it’s been reported that the new Volt can do around 230 miles per gallon of city driving.
The new model Cadillac was the other big annoucnement at the event. The new model Cadillac, that comes with either rear wheel or 4 wheel drive, is going to be a small sport sedan. The new Cadillac was not given an expected release date, but it is expected to be smaller than their popular Cadillac CTS.
At the event General Motors announce a huge number of changes that will be coming to all their brands within the next few years. Some of those plans included doubling the amount of models Buick have, going from the current 3, up to 6. We’ll just have to keep out eyes open to see which ones are released first. If we’re lucky, some of these models will get into the UK in the contract hire market. Currently if you want to lease a big American car you have to get a Chrysler lease. Alternatively, you could just opt for cheap van leasing considering they are the closest to a Chevrolet, size wise.
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