Argumentative Essay-Five Opportunities For GM
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Five Opportunities for GM
- Average age of cars is 11.4 years will translate into increased car sales.
- 2016 Chevrolet Malibu targeting the midsized sedan market.
- Fuel efficient vehicles being manufactured like the Chevy Spark.
- Expected demand in China for luxury cars, estimated 3 million by 2020.
- Future government incentive programs such as Cash for Clunkers The five opportunities GM can expect to see over the near future are in new car purchases due to high average age of cars, affordable fuel efficient vehicles, the Chevrolet Malibu and the mid size sedan market, growth in China with luxury cars, and future programs the government may implement such as Cash for Clunkers. To start, the current average age of a car in the US is 11.4