Archives for October 3rd, 2013

Civic, Elantra Top April 2013 Compact Sales

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The Honda Civic and Hyundai Elantra together staged an upset in April compact sales. The Civic earned the top spot, while a hot-selling Elantra surged forwards, bumping the Toyota Corolla into third place. Honda sold 26,453 Civics last month, beating all of its competitors by a wide margin. Those Civic sales represent an 8.3-percent year-over-year increase, ...

Opel director Sedran to succeed Docherty as Chevy Europe boss

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When longtime General Motors executive Susan Docherty announced she would be stepping down from her post as the head of Chevrolet and Cadillac in Europe, there was some idle chatter that plans for the creation of a new global overseer position for the Bowtie brand was behind the move. And while US sales chief Alan ...

Treasury Selling More GM Stock, Cadillac Plans China Plant

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The U.S. Treasury announced plans to sell more of its remaining stock in General Motors, as the government seeks to divest itself of shares purchased during the auto industry bailout of 2009. In today’s announcement, the Treasury says it will publicly sell the 241.7 million shares it still holds in GM. That comes after earlier reports ...

GM April 2013 Sales Rise 11 Percent

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General Motors posted an 11.4-percent sales gain in April, selling 237,646 vehicles. All four of the GM brands saw car sales increase last month compared to April 2012. Winner: Chevrolet Silverado — 39,395 sales, up 28.1 percent Even though buyers know that the all-new 2014 Chevrolet Silverado goes on sale later this year, they still snapped up ...