Auto News for May 18 – GM Retools International Markets

 Having announced the sale of its European operations to Peugeot/Citroen, GM will “transition” its operations in South Africa to Isuzu, end domestic sales of its product in India and phase out sales of Chevy’s in both markets by the end of the year. Products manufactured in India will be for export only. These decisions were made following an extensive review of operations of GM International markets and the company said reflect a series of actions taken to improve global business performance that began in late 2013.

 “These actions will further allow us to focus our resources on winning in the markets where we have strong franchises and see greater opportunity,” said GM President Dan Ammann.

 Acura announced pricing for its refreshed TLX when it hits the market in June. The TLX 2.4L starts with a Manufacturer’s Suggested Retail Price of $33,000 while the V6 equipped models start at $36,200. The TLX V6 A-Spec is offered for the first time starting at $42,800.

 BMW said its upcoming M5 model will debut with a new  xDrive system with a “central intelligence unit” that combines the “agility” of rear wheel drive with the poise and traction of an all-wheel drive system. Operators can choose 4WD, 4WD Sport, or 2WD. Powertrain? A 4.4-liter V8 with an eight-speed automatic. BMW released a teaser pic.

 Check out autonews.com if you want to see spy pictures of the future Jeep Wrangler pickup.

 

 

 

 

 

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