Skip to: Content
Skip to: Site Navigation
Skip to: Search

October 6, 2008 10:16:45 PM CDT

Learn about Newser Points »

« Back to the grid | Next story »

GM Scores With Crossovers

Posted Sep 4, 07 1:45 PM CDT in Business,  Technology,  US 

(Newser) – In its fierce battle with Asian automakers to reclaim the hearts and keys of American drivers, GM has three reasons to celebrate: the Buick Enclave, GMC Acadia, and Saturn Outlook. The company’s crossover vehicles combine the look of an SUV with the higher fuel economy of a sedan—and more important, the Journal reports, consumers are snatching them up.

Not only that, GM is finally pulling customers from foreign rivals and back into the seats of American cars. While less than 3% of people buying GM vehicles overall trade in those made by Toyota or Honda, about 20% of the new crossovers are going to people trading in Asian makes. “We’re selling them as soon as they come off the truck," one dealer says.

Source Wall Street Journal

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Ford Sales, Off 34%, Key Ugly US Autos Report

    Oct 1, 08 2:59 PM CDT
    Ford Sales, Off 34%, Key Ugly US Autos Report As expected, early sales reports from automakers paint a dismal picture, MarketWatch reports. Ford reports a 34% drop in US sales in September compared to a year ago; Toyota’s were off 32% and General Motors’ fell 16%, AP adds. Industry-wide, sales are down almost 20% over this time in 2007, the Detroit Free Press writes. More »

  • Bush OKs $25B for Car Giants

    Sep 30, 08 7:26 PM CDT
    Bush OKs $25B for Car Giants President Bush today approved the $25 billion in low-interest loans aimed at helping US automakers in their transition to building more fuel-efficient vehicles, the Wall Street Journal reports. The industry long pushed for the package, estimating the total cost of the makeover at $100 billion. It’s now up the Energy Department to set eligibility guidelines, with lawmakers hoping funds can be available by mid-2009.
    More »

  • House OKs $25B Detroit Rescue

    Sep 25, 08 3:29 AM CDT
    House OKs $25B Detroit Rescue The House has approved a $25 billion lifeline to Detroit's battered auto industry, the Detroit Free Press reports. The package of low-interest loans to help automakers switch to manufacturing more fuel-efficient vehicles is expected to be approved by the Senate today and signed by the president soon after. Michigan lawmakers cheered the news, saying it would save thousands of jobs.
    More »

  • Auto Giants Press Congress for $25B Loan

    Sep 18, 08 9:43 AM CDT
    Auto Giants Press Congress for $25B Loan The CEOs of US auto giants seem to have convinced some in Congress they, too, need billions in federal loans, the Detroit Free Press reports, though it’s uncertain if they’ll get the $25 billion they’re asking for. High oil and commodity prices and tightened credit threaten jobs in an already ailing industry, the heads of General Motors, Ford, and Chrysler told lawmakers yesterday.
    More »

  • Sales Skid Again for GM, Ford, Toyota

    Sep 3, 08 3:10 PM CDT
    Sales Skid Again for GM, Ford, Toyota General Motors, Ford and Toyota reported dramatic declines in sales for August stemming from the weak US economy and record gas prices, Bloomberg reports. Ford's domestic sales plunged 27% and GM's 20%, and both automakers will cut second-half production by the tens of thousands. Toyota fared better, down just 9.4%, though all saw large declines in the sales of SUVs. More »

Golfer Tiger Woods helps to introduce the 2008 Buick Enclave to the media at the Los Angeles Auto Show in Pasadena, Calif., in this Nov. 28, 2006 file photo. Tiger Woods will no longer be the primary...   (Associated Press)
The company logo gleams off the chromed grille of an unsold 2007 Sierra pickup truck on the lot at a General Motors dealership near downtown Portland, Or., on Sunday, June 10, 2007. Major automakers ...   (Associated Press)
Sun glimmers off the chrome of the grille of an unsold 2007 Acadia sitting outside a GMC Truck dealership in the south Denver suburb Littleton, Colo., on Sunday, May 27, 2007. General Motors Corp., the...   (Associated Press)
Unsold 2007 Ions sit in a long row outside a Saturn dealership in the south Denver suburb Littleton, Colo., on Sunday, May 27, 2007. General Motors Corp., the auto industry's top seller, said Friday,...   (Associated Press)
The company sign hangs over a row of unsold 2007 Sierra pickup trucks lined up outside a GMC Truck dealership in the south Denver suburb of Littleton, Colo., on Sunday, April 22, 2007. General Motors...   (Associated Press)
General Motors Corp. Chairman and Chief Executive Rick Wagoner speaks during the Shanghai Auto Show in Shanghai, China, Friday, April 20, 2007. Confronted with an onslaught of competition from both foreign...   (Associated Press)
This undated photo provided by Buick shows the 2008 Buick Enclave. (AP Photo/Buick, GM, Wieck)   (Associated Press)
Saturn Outlook crossover vehicles are shown on a dealership lot in Southgate, Mich., Friday, July 27, 2007. The success of crossover vehicles, which resemble sport utility vehicles but are smaller and...   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
LA Auto Show: 2008 Buick Enclave Video   (MotorTrendVideo (YouTube))
2008 Buick Enclave, TV Commercial 1   (AutoNetwork (YouTube))
Michael Burton, DIrector of Design, Interior, Buick Enclave   (fyiblog (YouTube))

« Prev« Prev | Next »Next »

Threads (
1
 of 3)

Tags

General Motors  • Detroit  • Ford  • car  • Chrysler  • Toyota  • Honda


Loading...

Premium Articles from HighBeam

Find more articles like this

Today's Most Popular

Loading...

Other US Stories