Jeff Schuster

Tag: chicago



GM: 15 Vehicles Returned Under Money-Back Program

by admin on Oct.22, 2009, under Automotive, Chevrolet

Just a tiny fraction of General Motors customers have returned their cars for refunds under the automaker’s heavily advertised money-back guarantee program — and most buyers aren’t even choosing to participate in the plan, opting for a rebate instead.

About 400 vehicle buyers, or “less than 1 percent” of sales since the program launched, have signed up for GM’s 60-day money-back guarantee program, spokesman Tom Henderson said Tuesday. The rest took a $500 rebate, he said.

Of those 400 vehicles, just 15 have been returned in the four days since customers could begin doing so, Henderson said.

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High-speed chase ends when OnStar halts SUV

by admin on Oct.21, 2009, under Automotive, Chevrolet

Service used for first time since OnStar began offering it with 2009 models

DETROIT – When two Visalia, Calif., police officers swung their cruisers behind a sport utility vehicle that had been carjacked at gunpoint early Sunday, they prepared for a dangerous high-speed chase.

The 2009 Chevrolet Tahoe roared away with officers in pursuit, but shortly after the suspect made a right turn, operators at General Motors Co.’s OnStar service sent a command that electronically disabled the gas pedal and the SUV gradually came to a halt.

The flustered thief got out and ran, but was quickly nabbed after he climbed several fences and fell into a backyard swimming pool, police said.

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Chicago Manufacturing Index Falls

by admin on Oct.20, 2009, under Manufacturing

Manufacturing activity in the Chicago area shrank in September, the Institute for Supply Chain Management-Chicago said Tuesday.

ISM-Chicago’s monthly index dropped to a reading of 46.1, from 50 in August.

Figures lower than 50 signal contraction, while above that signal growth.

The reading fell short of economists’ predictions that it would rise to 52, Bloomberg reported.

Chicago is a major center of U.S. manufacturing, which is one of trucking’s largest and most important customers.

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Analyst Predicts a Win for GM

by admin on Oct.17, 2009, under Automotive, Chevrolet

A U.S. market share climb to 22.4% could help silence critics of turnaround plan

General Motors’ U.S. retail market share is being projected to climb 3.3 percentage points this month over the past three months’ average.

Such a feat would be a win for GM and could help silence some industry doubters who have questioned assumptions GM used in crafting its turnaround plan.

The success of GM’s plan is largely based upon its market share expectations and overall sales growth from the historic lows of the past year.

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