Skip to Content

Make smart financial decisions with DailyFinance

Filed under: Coupes, Economy, Sedans/Saloons, Plants/Manufacturing, Chevrolet, GM, Earnings/Financials

GM ramps up Cobalt production to meet demand


Click above for more high-res shots of the Chevy Cobalt SS

General Motors cites the success of the current Chevy Cobalt as the reason for delaying the launch of the Cobalt's replacement, the upcoming Cruze, in the States. In order to meet the market's soaring demand for small cars in general, and the Cobalt in particular, earlier this year GM added a third shift to the Lordstown Plant where the Cobalt is built. For '09, the General plans to build an extra 70,000 Cobalts, expecting fuel prices to remain high and demand for its compact sedan and coupe to follow suit. Unfortunately for the struggling automaker, those extra cars may not necessarily add up to extra profits, with the Cobalt priced below its main competitors from Japan. For this reason, GM will be adding a few bucks to the bottom line of the Cruze, in a pricing move similar to the recently released Malibu. Hopefully, the same tactic GM employed with its mid-sizer will translate to the Cruze and that extra cash will result in a better car than its predecessor.

[Source: CNN]

Reader Comments (Page 1 of 3)

Featured Galleries

2010 Jaguar XJ
Fiat 500C UK launch
1931 Miller V16 racing car
Review: 2009 Ford Edge Sport
2010 Hyundai Sonata - spy shots
Ferrari at 2009 Goodwood Festival of Speed
Bridgestone 3G RFT
Review: 2009 Smart ForTwo
Forza 3 Japanese Screen Shots
Review: 2009 Audi A6 3.0T
2010 Lamborghini LP550-2
First Drive: 2010 Subaru Legacy 2.5GT
AOL Autos

Find Your Next Car


Autoblog Video

Autoblog Green

BloggingStocks

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum