Sources: GM May Accelerate Subcompact Sales in U.S.
Jul 7th, 2008 | By Mike Caggeso | Category: Stock Market InvestingPlagued by plummeting U.S. sales and $4-a-gallon gasoline, General Motors Corp. (GM) may sell its four-foot-tall Chevrolet Beat in U.S. markets, sources told Bloomberg News. The subcompact three-door hatchback was unveiled at last year’s New York International Car Show, though GM said it would be produced overseas and wouldn’t immediately be sold in the United States.