Sal Collaziano
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Filed under: Marketing/Advertising, Buick, Cadillac, Chevrolet, GM, GMC, Earnings/Financials
According to the number-crunchers over at Edmunds.com, things are looking up for General Motors in the month of October. If preliminary figures hold up, The General's market share should come in at 22.4 percent, a notable gain from the 19.1 percent share the automaker averaged throughout the third quarter of 2009.
Driving this newfound marketplace success is thought to be GM's recent abundance of new product launches, which include important models like the Buick LaCrosse and Cadillac SRX along with the Equinox and Camaro from Chevrolet. GM has received mostly favorable reviews on each of these vehicles and has invested money into advertising and media campaigns.
Still, maintaining the measure of success seen over the last month and continuing to grow that momentum in the long term won't be easy, and GM isn't likely to recapture its position as the dominant player in America that it once was any time soon. Of course, we'll be watching.
[Source: Auto Observer | Photo: Tom Pennington/Getty Images]Edmunds: GM market share will grow in October originally appeared on Autoblog on Sat, 17 Oct 2009 14:15:00 EST. Please see our terms for use of feeds.
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According to the number-crunchers over at Edmunds.com, things are looking up for General Motors in the month of October. If preliminary figures hold up, The General's market share should come in at 22.4 percent, a notable gain from the 19.1 percent share the automaker averaged throughout the third quarter of 2009.
Driving this newfound marketplace success is thought to be GM's recent abundance of new product launches, which include important models like the Buick LaCrosse and Cadillac SRX along with the Equinox and Camaro from Chevrolet. GM has received mostly favorable reviews on each of these vehicles and has invested money into advertising and media campaigns.
Still, maintaining the measure of success seen over the last month and continuing to grow that momentum in the long term won't be easy, and GM isn't likely to recapture its position as the dominant player in America that it once was any time soon. Of course, we'll be watching.
[Source: Auto Observer | Photo: Tom Pennington/Getty Images]Edmunds: GM market share will grow in October originally appeared on Autoblog on Sat, 17 Oct 2009 14:15:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments
More...