GM mini-car may come to United States

Published: July 4, 2008 at 9:19 AM

DETROIT, July 4 (UPI) -- A mini-car designed by the General Motors Corp. for Asia and Latin America may soon be available in U.S. showrooms, a company spokesman says.

GM spokesman Dee Allen said the automobile giant was reviewing its current sales plan in the United States following new demands in the domestic auto market because of soaring gasoline prices, The Detroit News said Friday.

"Everything is under review," Allen said. "Obviously, the market has been changing rather rapidly."

General Motors already used a 2007 New York auto show to unveil its new two-door hatchback, the 11 and a half feet long Chevrolet Beat.

The company's new focus on smaller cars comes as $4-a-gallon gas drives auto buyers away from larger vehicles like light trucks and SUVs, the News reported.

The newspaper said the U.S. automaker's share price fell once again Wednesday to $10 a share, the lowest General Motors shares have been in more than 50 years.

The drop in share price comes as the company's sales have decreased 16.3 percent in 2008, the News said.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints




Additional News Stories
Gene identified for deafness in boys (3 min)
Unemployment lower in 36 states (13 min)
Bank sorry for giving porn link to kids (13 min)
Swede lawmaker apologizes for drunk antics (30 min)
Web site lists 'great' ice festivals (35 min)
Northern Lights burst captured on film (53 min)
UPI NewsTrack Entertainment News (57 min)
fark
Governor declares January "Snow Sports Month". Subby anticipating what she will declare in July
Auschwitz' infamous "Arbeit Macht Frei" sign goes frei due to thieves' arbeit
Tens of thousands of Australian washing machines to be recalled after a series of shocking complaints....
To your left: 36 states report falling unemployment numbers. To your right: Debbie Downer pees in...
Cow jumps six feet onto roof, possibly as part of his training to break the bovine "over the moon"...
Man jailed for killing wife with TV remote. Large volume of pleas for leniency through the proper...