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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

previously announced The New GM will: Focus on four core brands in the US—Chevrolet, Cadillac, Buick and GMC—with fewer nameplates and a more competitive level of marketing support per brand. Reduce its dealers to approximately 3,600 from the current 5,969. An all-new Buick LaCrosse premium midsize sedan. Close: 31 Dec 2009.

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GM sales in China up 28.8% in 2010 to 2.35M units; new record in its largest market

Green Car Congress

Buick sales rose 23.0% Two other Buick models—the New Regal and LaCROSSE—dominated China’s upper-medium sedan segment, with combined sales of 183,713 units. Two other Buick models—the New Regal and LaCROSSE—dominated China’s upper-medium sedan segment, with combined sales of 183,713 units.

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