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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[GM defends HUMMER, Saab brands]]></title><link>http://www.autoblog.com/2006/04/21/gm-defends-hummer-saab-brands/</link><guid isPermaLink="true">http://www.autoblog.com/2006/04/21/gm-defends-hummer-saab-brands/</guid><comments>http://www.autoblog.com/2006/04/21/gm-defends-hummer-saab-brands/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/hummer/" rel="tag">Hummer</a>, <a href="http://www.autoblog.com/category/saab/" rel="tag">Saab</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a></p><a href="http://www.tradingmarkets.com/tm.site/news/BREAKING%20NEWS/227189/"><img alt="" hspace="4"src="http://www.autoblog.com/media/2006/04/gm_logo.jpg" align="right" vspace="4" border="1" /></a>In its report onfirst-quarter worldwide sales, General Motors made a point of highlighting the success of&nbsp;HUMMER and Saab as partof its 4.4 percent growth overall.&nbsp;The two brands have attracted criticism in recent months, notably from boardmember Jerry York who suggested in January that the company dump both marques.<br /><br />HUMMER sales grew 202 percentover last year, largely on the strength of the new H3. While most of the growth occurred in the U.S., the companyreported strong results in Canada and the Middle East, with further growth in overseas sales expected with theavailability of a right-hand drive H3 later this year.<br /><br />Saab sales set an all-time record, up 23.2 percentworldwide over last year, boosted by the launch of its 2.8-liter V6 turbo powerplant and its 9-5 BioPower (Sweden'sbest-selling ethanol vehicle). With its model lineup&nbsp;undergoing expansion over the last couple of years (9-7x,9-2x, etc.)&nbsp;that's somewhat predictable, but still welcome news. Now, if they could just make a profit.<br /><br/>[Sources:Tradingmarkets.com, GM]<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2006/04/21/gm-defends-hummer-saab-brands/">GM defends HUMMER, Saab brands</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Fri, 21 Apr 2006 10:04:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.tradingmarkets.com/tm.site/news/BREAKING%20NEWS/227189/>Read</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2006/04/21/gm-defends-hummer-saab-brands/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/610361/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2006/04/21/gm-defends-hummer-saab-brands/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>2006 sales</category><category>BioPower</category><category>first quarter sales</category><category>Jerry York</category><category>JerryYork</category><category>q1 sales</category><category>quarterly</category><category>sales results</category><category>SalesResults</category><category>Tracinda</category><dc:creator><![CDATA[Stuart Waterman]]></dc:creator><pubDate>Fri, 21 Apr 2006 10:04:00 EST</pubDate>
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