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Entries in Cadillac ATS (2)

Monday
Jun032013

GM: 'Cadillac Is Back'

Photo by Bill Pugliano/Getty Images(DETROIT) -- General Motors reported Monday that its iconic luxury car brand is enjoying a bit of a comeback. So far this year, Cadillac sales have increased 38 percent, the biggest such jump since 1976.

“Cadillac is back,”  Vice President of Global Cadillac Bob Ferguson said in a statement Monday morning.

GM says the ATS sports sedan has been instrumental in the sales surge. GM has been making new efforts to push its luxury brand.  For instance the car was recently featured on the cover of Bergdorf Goodman magazine.

“Cadillac is growing faster than it has in almost 40 years, the pickup rebound is in full swing and we’re seeing strong retail demand for our crossovers” said Kurt McNeil, GM’s vice president of U.S. sales operations, in a statement. “These are all powerful signs that the gradual recovery in the economy is becoming more broad-based. That’s great news for the auto industry and General Motors.”

Cadillac still has a ways to go though to reclaim its glory days. Sales in 1976 were 135,258 compared with 63,000 Cadillac sales so far this year. Overall, GM sold 2.59 million cars last year -- compared with 5 million in 1999.

For all its different brands combined, GM says May was its best sales month since September 2008.

Car sales, much like housing, have been showing a strong rebound in the otherwise slow economic recovery.

Copyright 2013 ABC News Radio

Wednesday
May162012

General Motors to Add 600 New Jobs 

Bill Pugliano/Getty Images(DETROIT) -- General Motors is adding 600 new jobs at its Lansing Grand River assembly plant to assist with the development of the Cadillac ATS, the auto company announced Wednesday.

A GM official said it has already hired 460 of the new hires and has identified who will fill the balance of the new positions. The new hires will be utilized in the plant's second shift.

The auto company has used the Lansing Grand River plant exclusively for its manufacturing of Cadillacs. The ATS will be the auto maker's first small luxury vehicle and is expected to compete with the BMW 3 series and Mercedes Benz C class within that market space.

The company hires are expected to make an estimated $16 an hour.

Copyright 2012 ABC News Radio







ABC News Radio