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Home > News > Small cars prove next big thing > Small cars prove next big thing

Small cars prove next big thing [1]

Bernard Simon Carmakers aim to improve margins with more pricing power on small models. General Motors' assembly plant in Lordstown, Ohio, is a rarity these days. At a time when the carmaker is trimming capacity and chopping jobs across North America, Lordstown is about to hire 1,400 workers for a third shift. The plant owes its good fortune to building the sporty, fuel-efficient Chevrolet Cobalt and Pontiac G5 cars. While demand for big sport-utility vehicles and pick-up trucks has plummeted, Cobalt sales jumped by 18 per cent in the first five months of 2008.

Publication Date: 
23/06/2008
Business Standard (New Delhi) [2]
Tags:
Auto Industry [3], General Motors [4], Auto Technology [5]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


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Source URL: http://admin.indiaenvironmentportal.org.in/news/small-cars-prove-next-big-thing

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/small-cars-prove-next-big-thing
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/auto-industry
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/general-motors
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/auto-technology