Friday, March 30, 2007

V-SUV Day - Friday, March 30, 2007.

GM testing the waters on bringing high mileage mini-cars to the US.

BusinessWeek: GM VP: Considering Efficient Mini Car.

Quotes:

General Motors Corp. GM's top global product planner said Friday the company is taking a serious look at bringing low-cost mini cars to the U.S. market capable of achieving as high as 50 miles per gallon of gasoline and breaking ground in a virtually nonexistent segment in the world's biggest auto market.

GM Group Vice President John Smith said the auto maker is still in very early stages of investigating the U.S. market's appetite for mini cars. Such vehicles are significantly smaller than sub-compact cars currently sold in the region by several players. GM sells a Chevrolet Aveo sub-compact car in the U.S., but nothing smaller.