GM’s Nov. sales fall 11%

General Motors Corp. sales dropped 11% in the U.S. market last month compared to November 2006, the company announced today.

GM’s U.S. dealers sold 263,654 cars and trucks last month.

Bright spots for the automaker include a 40% increase in the Chevrolet Malibu retail sales. The launch of the new CTS helped Cadillac car sales increase 15%.

“Integral to our strategy is to grow our share in the key car segments. The retail performance, especially from the new Chevrolet Malibu and Cadillac CTS, demonstrates the enthusiasm customers have for these outstanding new vehicles,” Mark LaNeve, GM North America vice president for vehicle sales, service and marketing, said in a statement. “The recognition of the 2008 CTS as Motor Trend’s Car of the Year reinforces what we are hearing from customers about this phenomenal car. And, not to be outdone, the new Malibu is flying off dealer lots.”

The three top Japanese automakers all posted small gains in November, giving each a record for the month. Rival Ford Motor Co. also showed a small gain in November — its first increase after 12 months of declines. Chrysler LLC sales declined slightly.

Honda, Toyota and Nissan have a record November 2007

Japanese automakers Honda Motor Co., Toyota Motor Corp. and Nissan Motor Co. reported increases in November U.S. sales, pushing all three companies to records for the month.

Honda posted the biggest gain, with sales jumping 4.7% to 111,431 vehicles on strong sales of its two core car models. Sales of the Accord, redesigned for 2008 model year and launched in September, were up 25% in November. Honda Civic sales also climbed 25% for the month.

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The World’s Most Beautiful Automobiles 2007

Citycar and small car: Fiat 500 - 18 points
Second place: Mazda2, 5 points

Medium sedan (2 volumes): Fiat Bravo - 15 points
Second place: Peugeot 308, 9 points

Medium sedan (3 volume): Mercedes C-Class - 14 points
Second place: Audi A4, 11 points

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Leaked pics Nissan Forum concept frontend

Bajaj will showcase $3,000 car prepare co-opertiong to Renault-Nissan

Mumbai: Bajaj Auto is quietly finalising plans to have its concept car on display at the Delhi Auto Expo from January 10 to 17.

Top sources told DNA Money that this vehicle could see further technological developments, once the three-way joint venture between Bajaj, Renault and Nissan gets under way.

“There may not be any major changes in design and what will be shown at the Expo will be more or less the final product,” they added.

The car, with a price tag of $3000 (Rs 1.2 lakh), is scheduled to debut in 2010.

There is absolutely no indication of what the concept looks like, though speculation is rife that it has a ‘tall boy’ image on the lines of Hyundai Santro.

Of course, the biggest draw will be the Tatas’ Rs 1 lakh car, which is due to hit the market by the second half of 2008-09.

It is believed to resemble the Mercedes Smart, and sources say that, in terms of styling and design, it will be a complete winner.

The car was initially planned only with a 624cc (rear) petrol engine but an 800cc diesel has since been included.

There will be both gearless and manual transmission options and it only remains to be seen if the company can keep the price pegged at Rs 1 lakh (ex-showroom).

Sources say that this is possible for the basic petrol version, which will be devoid of air-conditioning and will be a no-frills car.

Tata Motors is likely to have a mid-and top-end version for the petrol and diesel options.

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