Archive for May, 2011

As economy stabilizes and vehicle sales rise this year, General Motors have announced the investment of two million dollars in a period of 2 consequent years to hire new employees and to keep existing jobs.

Last Tuesday, GM Chairman and CEO Dan Akerson mentioned: “We are doing this because we are confident about demand for our vehicles and the economy. This new investment is on top of $3.4 billion and more than 9,000 jobs that GM has added or saved since mid-2009.”

The car manufacturer reported that new jobs will be distributed along 15 facilities across the nation, an average of 133 new jobs per location. Even though this amount of jobs will not make up for the thousands of lay offs the company has made since 2007, it is a very positive sign of recovery.

Akerson, also mentions that: “GM has delivered five consecutive profitable quarters, thanks to strong customer demand for our new fuel-efficient vehicles and a competitive cost structure that allows us to leverage our strong brands around the world and focus on driving profitable automotive growth.”

Fuel efficient cars such as Chevy Cruze, Ford Focus and Hyundai Elantra are the top 3 big sellers this current year. According to current stats, small cars are are the most sold car style, even convincing long time truck owners to switch to a smaller vehicle .

In general, auto sales nationwide grew a total of 18% in a period of 12 months, reaching an amazing 1.16 million.

For General Motors, April was a big month. Auto sales had an increase of 26% this month, most sales correspond to small-fuel efficient cars but crossover sale was also very strong this month.

The 2011 Chevy Cruzestarts at only $14,995 and can range up to $24,780 before taxes and freight. It is currently listed as one of the vehicles with best car prices. The basic model is powered by a 1.8 litre 136 Horsepower 4 Cylinder engine, and the top of the line model comes with a a 1.4 litre 138 Horsepower Turbo Charged 4 Cylinder engine.

Safety is also a big deal, therefore the model comes with all trim levels come equipped with 10 standard air bags, electronic stability control, traction control and 4-wheel ABS. You can even choose to have power windows and power locks on the very basic model.