GM on track to deliver '99 pickups

Article Abstract:

General Motors (GM) is delivering its high-profit, high-volume re-designed 1999 pickups to Chevrolet and GMC dealers on schedule despite a just-concluded 54-day labor strike. The GM '99 pickups, Chevrolet Silverado and GMC Sierra, are priced a few hundred dollars more than the similar '98 models. The new models have more standard equipment and passenger space than the previous models. At least 20,000 GM trucks on hand and a full supply line will be needed to adequately stock the 4,300 Chevy dealers and 2,300 GMC dealers in the US. Rival Ford said it will lower the prices on some of its '99 F-Series pickups to undercut the new GM trucks.

Comment:

Is delivering its high-profit, high-volume re-designed 1999 pickups to Chevrolet & GMC dealers on schedule

United States, General Motors Corp., Article

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Nissan's Ghosn sees new era

Article Abstract:

Nissan Motor has started the construction of a new $930-million plant in Canton, MS, where 250,000 minivans, SUVs and full-size pickups would be assembled each year. Carlos Ghosn, President and COO of the Japanese automaker, said the Canton factory symbolizes the product strategy that he has laid out for the company. This include bigger trucks and more local production in the US. The other elements in his recovery plan for Nissan include new Infiniti models and more exciting models, such as the Z sports car.

New capacity, new plant construction, Automobile Manufacturing, Domestic-Make Autos, Domestic cars

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Nissan to build truck factory in Mississippi

Article Abstract:

Nissan Motor Co Ltd will build a $900-million truck plant in Canton, MS, that will provide 4,000 jobs and produce 250,000 full-size pickups and sport-utility vehicles per year. Construction would start in spring 2001 and the full-size pickups are expected to be available in 2003. Struggling to bounce back from a loss of $6.4 billion in 1999, the automaker is expected to announce on Nov 20, 2000 an operating profit of $1.6 billion for the first half of the year.

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