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...which gets better than 20 m.p.g., is the first genuine hybrid in the critical pickup-truck segment, which represents 15% of the total U.S. market. It's promising but a bit undernourished - the launch of this new hybrid truck has been undermined by cuts in production and advertising as GM has struggled to conserve cash. GM CEO Fritz Henderson says company-wide production should level out during the second half of 2009, and Peper asserts that advertising across models will increase over the next six months. If the hybrid Silverado is successful, it could be a very tangible sign that...
...Buick Lacrosse, a traditional full-size passenger car in the near luxury segment, is GM's answer to some very tough competition from Acura, Lexus and Lincoln. GM, which rode to glory on full-size cars but over the past two decades let its edge slip away, insists the new Lacrosse is quieter, handles better and is more powerful and more luxurious than the competition. Early reviews have been favorable...
...Cadillac SRX, Chevrolet Equinox and GMC Terrain are replacements for older GM models that have failed to dislodge the competition in growing market segments. The SRX, for example, is aimed at a segment virtually invented by Lexus with vehicles such as the highly popular RX330. It offers a contemporary exterior design, a well-appointed interior and improved fuel economy that GM hopes will give buyers sitting on the fence ample reason to select it over a competitor. GM has also indicated that it is pricing the vehicle aggressively - that is, slightly under the competition - in an effort to win over...
Similar to the Equinox, the GMC Terrain is the first compact crossover vehicle from a brand that Obama's auto task force came very close to killing off. GM executives saved the nameplate by arguing that GMC-branded vehicles were highly profitable...
...GM is also promising to deliver a new range of subcompact and compact cars starting next year, along with the battery-powered Chevrolet Volt. GM has five new small cars on the drawing board, including two versions of the Cruise that will replace the Chevrolet Cobalt next spring. In addition, Henderson has confirmed that GM is working on a new family of small cars that, following the intervention of the United Auto Workers, will be built in Michigan rather than China, where GM originally planned to make them. Henderson says the new small cars will be affordable and profitable...