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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

Green Car Congress

This year the company is launching the new Cadillac CTS midsize luxury sedan, two new SUVs (the Chevrolet Trax and a new midsize entry from Buick), the Baojun 730 seven-seat family vehicle and 610 hatchback, upgraded versions of the Buick Enclave and GL8 as well as a next-generation Chevrolet Cruze. MPV sales will likely double to 2.8

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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

In its “2012 Outlook: US Auto Manufacturers and Suppliers”, Fitch assigns the industry a Positive Rating, expecting the credit profiles of the US OEMs and auto suppliers to generally strengthen in 2012, assuming that global economic conditions do not weaken materially from current trends. As the average.

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Convincing Consumers To Buy EVs

Cars That Think

Even if interest in purchasing an EV is increasing, close to 70 percent of Americans are still leaning towards buying an ICE vehicles as their next purchase. In the UK, only 14 percent of drivers plan to purchase an EV as their next car. EVs ain’t cheap Price is another EV purchase risk that is comparable to EV range.

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Opinion: Biden’s Tesla snub shows that clout, not innovation, is driving the American EV revolution

Teslarati

Elon Musk confirmed on Twitter that Tesla was not invited at all, and during the event, even netizens were quick to point out that an American automaker that practically forced the entire auto industry to shift to electric cars was strangely not invited to the White House. Defects in cars were typical too. The NUMMI facility.

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