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...GM 0% for 60 months, or a $3,000 rebate, on almost all models, including Cadillac, Saab and Saturn. Exception: Hummer. Expires April...
Woodfork got to know Epstein—who became the youngest GM in baseball history when he was hired at age 28—during his time at the league office, when Epstein was director of Baseball Operations for the San Diego Padres. Woodfork took his post around the time baseball reworked its collective bargaining agreement, which he now remembers as a “great opportunity” to get acquainted with the financial side of the game...
...buyers made the rational calculation that off-roading and towing might be useful in an emergency. (At a time when everyone is duct-taping the windows, it doesn't seem so crazy to think you would one day drive the family into the mountains.) How else to explain GM research showing that the No. 1 reason people buy midsize SUVs is that the vehicles have four-wheel drive, a feature most people rarely need? Americans frequently pay extra for security: alarm systems, travel insurance, fire extinguishers. If you consider what they can do on dirt and snow, SUVs aren...
...comments on rollovers infuriated auto executives: "We have thousands of employees who work on safety issues every day," says Jay Cooney, a GM spokesman. "They wouldn't put their own family or anybody's family in a vehicle they thought was unsafe." Auto lobbyists point out that NHTSA generates its rollover ratings simply by calculating the height of a vehicle's center of gravity in proportion to its width--how top-heavy it is, essentially--not by measuring its performance in the real world. (Which is true, though later this year NHTSA will begin using a more subtle ratings system...
Automakers say most people have practical grounds for buying SUVs. GM research says that among the top reasons consumers give for picking a full-size SUV are that it seats more people and that the size makes them feel safe (a misperception that SUV manufacturers aren't eager to correct). Similarly, the switch among a minority of SUV buyers to crossovers probably reflects a simple shift in priorities during lean, uncertain times: we want fuel economy and safety wrapped in SUV trimmings. Says Shosteck: "The market is showing that consumers want more of the attributes of an SUV, with...