The giant of the motoring industry, General Motors, who own brands like Chevrolet, GMC, Cadillac, Pontiac and Buick, have reveasleda line-up of new car £. Less than a month ago, General Motors recovered from 40 days of bankruptcy where the government pumped over $50 billion into the company, now making it 60% owned by the taxpayers.
Now that they have got out of danger from bankruptcy, the car manufacturer is looking for new ways to help increase business. Within the past week, they have released details about the new ways they will be selling their cars. A trial method they are running from August 11th is 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 used to show off the new range of cars that General Motors will be releasing in the next year. After they bounced back from bankruptcy, General Motors have been looking at their current car models, and they want change.
Currently most of their cars are the size of tanks and eat fuel, these used to be very popular, however, due to climate change, they are becoming less popular as drivers become more eco-friendly. 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 scheduled for release sometime in 2010 and it’s become popular due to the number of miles per gallon it can do. It’s been announced that the new Volt model can do around 230 miles per gallon of city driving, that should cut running costs massively compared to a normal Chevrolet.
The new model Cadillac was the other big annoucnement at the event. The new Cadillac is a new small sports sedan and it will have either rear wheel or four wheel drive. 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 plans announced included making 3 new models for Buick, doubling their current model range. We’ll have to keep one eye open to see what cars are released first and what sort of effect they have on General Motors’ market share. Hopefully we’ll get some of these new models coming to the UK contract hire market. At this stage, the only big American car you can lease in the UK 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