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Chevrolet UK has its best ever year

Now admittedly, Chevrolet UK is not starting from a point of market dominance in the UK, but any manufacturer who has managed to increase sales in 2008 is obviously doing something right. Chevrolet UK has announced that in 2008 it managed to increase its market share in the UK by 12.5%, from 0.76% to 0.86%, with total sales for the year of 18,372 cars (which is only a smidge higher than 2007, but the lower total sales for the UK Car market in 2008 meant a significant increase in market share for Chevrolet). Chevrolet Cruze - Launches in the UK in 2009 These are not figures that are going to frighten the pants off Ford and Vauxhall, but they are an indication that a certain part of the car buying public in the UK are looking at price as a major factor, and are prepared to sacrifice a degree of driving joy to get in to a new car at a lower price.

General Motors names Mary Barra to head global product development

General Motors named Mary Barra head of global product development on Thursday, succeeding Tom Stephens, who was named global chief technology officer of the automaker on Wednesday. An engineer, Barra, 49, is the first woman to hold the top product development job at GM. Since 2009 she has served as vice president of global human resources for GM--a key post as the automaker restructured and emerged from bankruptcy protection.

Ford racks up $2.6 billion profit

Ford Motor Co. reported a second-quarter profit of $2.6 billion as U.S. sales rose 20 percent and the automaker continued to gain market share.