The Bush administration has announced that it is buying $5 billion worth of equity in auto and mortgage finance company GMAC and increasing a loan to General Motors by $1 billion. The action was the latest in a lengthy series of emergency government moves aimed at easing the worst credit crisis since the 1930s and limiting the severity of a year-long recession.
The Treasury Department said it would buy $5 billion in senior preferred equity with an 8 percent dividend from GMAC as part of an read more
The long-anticipated Volt will not be the only debut Chevrolet will make for the 2008 Paris Motor Show.
The annual motor show takes place between the 4-19 October and while the leading manufacturers fall over themselves to make sure they make their presence is felt, Chevrolet look like they have got plenty to tantalise the thousands of motor fans set to descend on Paris.
The production-ready version of the Volt E-REV is sure to attract a lot of attention, an electric four-seat saloon car, read more
Chevrolet has confirmed that it is becoming the value brand of the GM group and according to the maker its cars are big on value, style and quality. Chevrolet has launched the Aveo to replace the Kalos with the newcomer available initially in a five-door guise while a three-door is to join the range soon. It has a starting price from £7,695 the figures look good but how well did the Aveo perform when we put it to the test?
Chevrolet Aveo lease prices
The Aveo is a leap forward for Chevrolet read more
What would you park in your dream garage? From now until August 15, Europe’s fastest growing car brand is offering customers the chance to choose their three favourite Chevrolet models - and they could get to drive them all away!
Over the next few weeks, ‘Dream Garage’ inserts will be appearing in national newspapers, special displays will be on show at major regional shopping centres and further entries will be accepted via the special website at read more
Chevrolet now offers a top-of-the-range Sport version of its Lacetti hatchback. The new Sport version features full leather trim, body styling kit and a 1.8 litre engine. Also, for a one-off £199 payment you can get Chevrolet’s fixed price service package covering the car’s maintenance costs for the first three years or 30,000 miles.
Chevrolet Lacetti hatchback lease prices
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Chevrolet are a manufacturer that’s has become well know for superb value for money and the addition of a new entry-level diesel model of the Chevrolet Captiva further enforces this. The new five-seater 2.0 VCDi LS Captiva costs less then the Kia Sorento, Nissan X-Trail and the Hyundai Santa Fe. The new model comes with air conditioning, 16-inch alloys, a glass-flip tailgate, electronically-adjustable heated door mirrors, an eight-way adjustable driver’s seat, a powerful read more
After a strong 2007 Chevrolet maintained its momentum into 2008 with it’s best-ever registration performance for January.
An increase of 81.4% over January 2007 saw Chevrolet overtake Hyundai, Kia and Suzuki in the value-for-money car market.
The Captiva SUV accounted for 15% of the Chevrolet registrations in January and has been the biggest single reason for the improved performance of Chevrolet.
Spring 2008 will see the Epica Saloon and the Aveo Supermini go on sale and read more
Sales of new Chevrolet cars in Britain have soared to 18,356 new models sold in 2007.
It was Chevrolet’s best year so far since arriving in the UK in 2005, with the launch of the new Captiva SUV contributing significantly to the brand’s increased presence on British roads.
With a rise of 27.6 per cent in sales over 2006, Chevrolet saw its share grow across all areas of the market, including fleet and retail.
Chevrolet UK’s managing director, Rory Harvey, said: “Our growth plan read more
