General Motors Posts Sales Increases in April General Motors — helped by strong retail volume and new fuel-efficient models — posted increases in April sales today. GM recorded a 27-percent gain, spurred by a 50-percent jump in demand for cars including the new Chevrolet Cruze. The results from the first automakers to report mark the [...]
General Motors Recognizes Pat McGrath Chevyland This past week it was announced that General Motors has awarded Pat McGrath Chevyland with the distinguished 2011 Dealer of the Year honor which recognizes the top 2% of Chevrolet, Buick, GMC and Cadillac dealers by region. To win, a dealer must be a top performer in sales and [...]
Tags:award·Chevyland·Dealer of the Year·General Motors·pat mcgrath
GM today set the final terms for a landmark initial public offering that could raise up to $22.7 billion after a surge of interest in the automaker. The IPO could be the largest ever in the United States — and a major first step toward break-even for a $50 billion U.S. government bailout of the 102-year-old [...]
DETROIT — General Motors Co. said today it expects to post third quarter profits of $1.9 billion to $2.1 billion on revenues of about $34 billion. The automaker said third-quarter earnings before interest and taxes would be $2.2 billion to $2.4 billion. GM also launched its initial public stock offering today. The stock offering will [...]
Chrysler Passes Honda Chrysler sales increased to 100,077, enough to put it ahead of Honda for the industry’s No. 4 sales spot last month. Deliveries of its namesake brand rose 92 percent, helped by the Town & Country minivan and Sebring sedan. The Dodge brand increased 71 percent, Jeep climbed 65 percent, and Ram gained [...]
DETROIT — General Motors Co., moving to unwind itself from government control, today filed plans to go public and begin selling common shares as early as this fall. The filing — anticipated for weeks — came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government. [...]
Cedar Rapids Service Customer Joins 250K Mile Club With the help of the Chevyland Service Department, Bill Rieckhoff has reached the 250,000 mile mark in his Chevy vehicle! Proof that combining our Service Department with the proper maintenance schedule is the only way to truly maximize the life of your vehicle! Congratulations Bill!
Tags:cedar rapids·chevy vehicle·Chevyland·General Motors·goodwrench·iowa·iowa city·maintenance schedule·pat mcgrath·service customer
DETROIT — Dragged down by Toyota Motor Corp., the quality of new cars and trucks sold in the United States slipped slightly this year — the first time since 2007, according to a study released today. But Detroit’s automakers have matched or surpassed Asian and European rivals in initial vehicle quality for the first time, based [...]
Tags:Ford·General Motors·Toyota
General Motors Co. will add a third shift to its plant in Lordstown, Ohio, when it starts production of the Chevrolet Cruze, according to two sources familiar with the plan.The Cruze small car arrives at dealerships in the third quarter. The move would make the Lordstown plant the sixth of GM’s 16 North American factories [...]
Tags:chevrolet·chevrolet cruze·Chevy·Cruze·factory·General Motors·gm·Lordstown·lordstown ohio·small car·third shift
