General Motors pickups to get new designs
By AP Wire Service on Aug 9, 2013, at 2:26 AM Updated on 8/09/13 at 4:37 AM
Manufacturing
In just 12 years, natural gas plant builder Thomas Russell Co. grew from a Tulsa startup to a $750 million company.
Verallia North America's glass plant in Sapulpa is shutting down one furnace for the rest of the year because of slack demand.
TRAVERSE CITY, Mich. (AP) - General Motors will keep the Chevrolet Colorado and GMC Canyon names when it rolls out redesigned midsize pickup trucks next year.
The new trucks will be markedly different from the current models, with the Colorado targeted toward people who spend time outdoors and the Canyon aimed at professional buyers, Chief Financial Officer Dan Ammann said Thursday at an auto industry conference.
For the first six months of the year, small and midsize pickup sales have fallen 19 percent to just under 135,000, according to Autodata Corp. That's largely because GM stopped producing the old versions of the midsize pickups and Ford Motor Co. discontinued the Ranger small pickup. Instead, the focus has been on full-size pickups, which are flying off dealer lots thanks to strength in the energy and housing markets.
GM believes the updated models can revive the market for smaller trucks, Ammann told reporters at the Center for Automotive Research Management Briefing Seminars near Traverse City, Mich.
Original Print Headline: GM plans new midsize trucks to revive sales
Manufacturing
In just 12 years, natural gas plant builder Thomas Russell Co. grew from a Tulsa startup to a $750 million company.
Verallia North America's glass plant in Sapulpa is shutting down one furnace for the rest of the year because of slack demand.
