GM dominates stage as Detroit show opens
DETROIT - After an impressive first day at the auto industry's biggest trade show, General Motors Chief Executive Rick Wagoner can afford a little bravado.
Speaking with reporters here in Detroit Sunday, Wagoner said that this year he expects the world’s largest automaker to sell more vehicles this year domestically than the 3 million it sold in 2006.
The prediction seems like a tall order, given that U.S. vehicle sales are projected to be flat this year and domestic automakers have been losing share to Asian rivals led by Toyota and Honda. But the struggling U.S. automaker has earned some bragging rights.
story continued
Speaking with reporters here in Detroit Sunday, Wagoner said that this year he expects the world’s largest automaker to sell more vehicles this year domestically than the 3 million it sold in 2006.
The prediction seems like a tall order, given that U.S. vehicle sales are projected to be flat this year and domestic automakers have been losing share to Asian rivals led by Toyota and Honda. But the struggling U.S. automaker has earned some bragging rights.
story continued
posted by anthony m, at Sunday, January 07, 2007
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