Monday, May 24, 2010

State of the Union May 21, 2010

•In case you haven’t heard, we will be producing compressed natural gas (CNG) and liquid propane gas (LPG) versions of the van for the 2011 model year. Tryouts will start in early September. There are no estimates on volumes yet. More details to come.

•There will be another blessing of the bikes Tuesday, May 25, by the arch 15 minutes after longest line time or 5:45, whichever comes first.

• The Susan G. Komen Race for the Cure will be Saturday, June 12. The team name this year is UAWLOCAL2250-GM. You can go to the website komenstlouis.org for more information and registration.

•GM President Mark Reuss had this to say to a group of commercial and fleet buyers in Detroit: “You’re a big part of that effort (moving forward profitably) and we want you to be an even bigger part. Make no mistake: I want your business. No matter what you may think, and especially no matter what you may hear. I’ve been told that one competitor in particular has even gone so far as to tell you, our fleet customers, that GM is getting out of the fleet business. I’ve heard that our competitors are saying GM’s not out of the woods yet, GM’s not stable, don’t buy GM’s products because they may not be around, and so on …Ladies and gentlemen… bunk. That’s what that is. One hundred percent processed and packaged baloney.”

• General Motors Co.'s retail sales are up 9% so far this month while rival Toyota Motor Corp. has seen a 12% drop, according to a report from car-buying research Web site Edmunds.com on Thursday. "We're noticing that Toyota's incentive program is starting to fall on deaf ears since most of the people who were open to getting deals from the automaker already made their purchases," analyst Jessica Caldwell said. "Our Toyota cross-shopping data indicates that the brand has not yet recovered from recent image problems."

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