News From the Auto Industry

June 20, 2007

General Motors - Panorama: Venezuela - tax exemptions, imported automobile parts - Brief Article

Filed under: New Car Models — Administrator @ 4:13 am

Phone number: (313) 556-5000

Challenge: Lower costs, improve quality and increase appeal of its cars, to end a 30-year decline in market share—and increase profitability

Taking advantage of Saturn’s cult-like following, Ion will offer personalization opportunities - trim kits in a variety of patterns and colors for the roof rails, instrument cluster, shifter, key fob and radio-control panels.

Decrease the time required to finalize new auto designs from two years to about one year

Financials in 2001: $177 billion in sales, $601 million in net income, 0.3% net profit margin

The cabin’s most compelling feature is its versatility. The rear seats fold flat on both models and the coupe’s front passenger seat does the same, providing considerable cargo-carrying flexibility.

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