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Jim Cain
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Tesla Model S topped Chevy's Volt in Q1 sales
… sales in 2012. "Any success for a company in this space is helpful for all other makers of plug-in vehicles," said Jim Cain , a spokesman for Detroit-based GM. "The single most important thing we can do for plug-ins, to encourage sales …
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Lincoln sputters even with Super Bowl ad blitz
… jumped 20 percent to 13,845 vehicles. The Lincoln MKZ is among the top trade-ins for the new Cadillac ATS sedan, said Jim Cain , a GM spokesman. "The ATS had its strongest sales month since launch and it was Cadillac's best-selling car …
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GM targets 20% increase in plug-in hybrid output this year
… identified because the target isn't public. The company sold about 30,000 Volt and similar Opel Ampera cars in 2012, said Jim Cain , a GM spokesman, who declined to give a target for this year. GM has struggled to compete against more successful alternative …
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GM plans 10 weeks of downtime at pickup plants
… from 80 a month earlier. The 10 down weeks are a total for GM's three pickup plants to allow for the changeover, said Jim Cain , a company spokesman. The plant downtime has been scheduled for months, Cain said Saturday. High inventory levels …
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Obama finding what's good for GM not so good for taxpayers
… thing for us to do is to sell these off and get the banks back into fully private hands." 'Own Timetable' GM spokesman Jim Cain declined to speculate on the government's plans. "Nothing has changed from our perspective," Cain said. "Treasury …
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Toyota sustains global sales lead over GM
… September. GM had 2.28 million sales in the quarter and 6.95 million this year through September, said GM spokesman Jim Cain . "Thinking back to the start of the year, I didn't expect Toyota to recover as quickly as it has," said Ed Kim …
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U.S. Treasury expects GM shares to rise before it will sell
… past that they want to sell the GM stake as soon as practicable while also maximizing value for taxpayers. GM spokesman Jim Cain said, "We routinely keep Treasury officials informed of our progress and have discussed the government's investment …
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GM's multipart plan to lift leasing
… about 21 percent in the second quarter, down slightly from about 22 percent a year ago, according to GM. GM spokesman Jim Cain said last week that GM expects the new models from Cadillac and the Buick Experience program to help GM close the gap …
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GM sued by Saab's parent company for blocking reorganization
… Youngman that would have permitted Saab Automobile to restructure and remain a solvent, going concern." GM spokesman Jim Cain told Reuters: "It's hard to believe. We have no comment until we see the lawsuit." GM had in the past blocked deals …
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GM may write down Peugeot stake if value doesn't improve
… to make good progress on all of our work streams with PSA, which will create long-term value for both partners," Jim Cain , a GM spokesman, said today in an e-mailed statement. GM Chief Financial Officer Dan Ammann told analysts on a conference …
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GM may write down PSA stake if value doesn't improve
… to make good progress on all of our work streams with PSA, which will create long-term value for both partners," Jim Cain , a GM spokesman, said today in an e-mailed statement. GM Chief Financial Officer Dan Ammann told analysts on a conference …
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The pickup hiccup: Over?
… looking. "Now that housing appears to be turning, you do have an opportunity to have that growth accelerate," says Jim Cain , a spokesman for General Motors, which is launching redesigned versions of the Silverado and GMC Sierra next year …
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Toyota extends global sales lead over GM, VW
… automaker spokesman in New York, said in a telephone interview. GM sold 4.67 million vehicles during first six months, Jim Cain , a company spokesman, said in an e- mail. VW sold 4.6 million vehicles in 2012's first half, according to a company …
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Toyota extends global sales lead over GM, VW after first half
… automaker spokesman in New York, said in a telephone interview. GM sold 4.67 million vehicles during first six months, Jim Cain , a company spokesman, said in an e- mail. VW, based in Wolfsburg, Germany, sold 4.45 million vehicles in 2012 …
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Toyota on a retail roll
… Motors increased fleet volume 36 percent from the June 2011 figure, and retail sales increased 8 percent. GM spokesman Jim Cain said the timing of customer deliveries, primarily to rental customers, was a major factor in the increase in the June …
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Toyota tops GM in global vehicle sales in Q1
… year, we're optimistic the good momentum will continue." Upbeat forecast Both Toyota and GM have come a long way, Jim Cain , a GM spokesman, said in an e-mail. "We're making progress on our plan for profitable growth and we're seeing …
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GM begins new attempt to sell French gearbox plant
… There are commitments in place to continue manufacturing the transmissions for the next several years," GM spokesman Jim Cain said on Wednesday. The Strasbourg plant last year produced 280,000 six-speed transmissions, mainly for vehicle assembly …
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Ally's financial woes fester after bailout
… offer cheaper financing to consumers to help sell cars, known in the industry as "subvented lending." GM spokesman Jim Cain said, "Ally remains an important financing partner for GM customers and dealers." Meanwhile, Chrysler has given notice …
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Ally's financial problems festering after bailout
… offer cheaper financing to consumers to help sell cars, known in the industry as "subvented lending." GM spokesman Jim Cain said, "Ally remains an important financing partner for GM customers and dealers." Meanwhile, Chrysler has given notice …
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U.S. suggests Ally breakup, wants GM to buy captive finance unit
… public offering of Ally stock would succeed. General Motors previously owned Ally when it was known as GMAC. GM spokesman Jim Cain declined to comment on the report. Treasury officials are telling Ally executives, directors and financial advisers …
