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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (5722)4/3/2007 9:05:59 AM
From: Wharf Rat  Read Replies (1) of 24225
 
GM considers bringing mini cars to U.S.
Automaker tries to gauge interest for tiny vehicles that get up to 50 mpg


Updated: 4:55 p.m. PT March 30, 2007
DETROIT - 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.

“The honest answer is, I don’t know yet how serious we are,” Smith said, referring to the mini car segment
msnbc.msn.com
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