Diesel: opportunity knocks

Article Abstract:

Nearly all the major car manufacturers in the world including General Motors and Toyota have decided to bank on the future and current demand for diesel engines despite issues with consumers. These companies are producing or considering the creation of a vehicle that uses such engines. The industry believes that diesel engines may help resolve issues concerning fuel economy in the US due to increased demand for trucks, although majority of the products will be delivered to international markets where gasoline is five times more expensive than in the US. Carmakers are optimistic that advanced diesel engines will provide response and power minus the clanking.

Comment:

Nearly all the major car manufacturers in the world have decided to bank on the future and current demand for diesel engines

Diesel Engine Autos, Other Engine Equipment Manufacturing, Automotive Diesel Engines, Diesel vehicles

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Hot competition prompts deals on SUVs, pickups

Article Abstract:

Automakers are offering incentive packages for popular pickup trucks and sport utility vehicles (SUVs) due to stiff competition. The latest automaker to offer incentives was General Motors for its new Chevrolet Silverado and GMC Sierra pickups. According to a GM spokesperson, shoppers should not expect to get cash rebates for trucks unless sales slows down a little. Automakers may be on course to set a record 17 million in sales for 1999, but sales of cars and trucks in Jun 1999 slowed down from their formerly brisk sales.

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Saturn gets its star back

Article Abstract:

Saturn is gearing to expand its business and become the primary operation for General Motors (GM). Saturn, with a facility in Spring Hill, TN, is slated to unroll its small-car product lines that include sedans, wagons and coupe by 1999. The GM division, which is expected to obtain 110 more car dealerships in the next two years, will also get a reported investment of $300 million to expand its annual car production from 320,000 to 500,000. The expansion could generate an additional 1,000 jobs for the Saturn facility.

Comment:

Gears to expand its business and become the primary operation for General Motors

Motor Vehicles, Automobile and Light Duty Motor Vehicle Manufacturing, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Automobiles, General Motors Corp., Saturn Corp.

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