Could This Be The End Of The Big American Car?
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. Within the past week, they have released details about the new ways they will be selling their cars. One of the methods announced, which began on August 11th, is by selling the new cars on eBay, the online auction site.
Last Tuesday, August 11th, General Motors invited a group of hand chosen consumers to Detroit for a special event. The event was comprised of showing off a series of new cars that will soon be released by the motoring company. After recovering from their bankruptcy troubles, they have had another look at their model ranges on all their companies and have said it needs to change.
Currently, the majority of the cars General Motors sell are the size of tanks, these were once popular with Americans, however, now customers tend to go for smaller and eco-friendly vehicles. To try and full in some younger clients to their showrooms, General Motors have designed a set of smaller and more fuel efficient cars for a number of their car brands.
The Chevrolet Volt was just one of the announced cars which is expected to be a big hit. 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 announced model is going to be a small sports sedan and will come with either 4 wheel or rear wheel drive. The new car came with no release date, but it is said to be smaller than the very popular CTS model.
During the event, a number of planned changes were announced by General Motors, all of which are expected to take effect within the next 3 years. Some plans announced included making 3 new models for Buick, doubling their current model range. We’ll have to keep watching to see what new models are released first. If we’re lucky, some of these models will get into the UK in the contract hire market. Currently, the only big American you can really lease is a Chrysler lease. Alternatively, another option to you would be to opt for cheap van leasing because they’re most likely the same size as a Chevrolet.