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WEEK IN REVIEW
Thursday


PETA activist creates her own circus on Everett...
Obama nomination an 'event of a lifetime' for many
Stranded teen hikers rescued from peak east of ...
Wednesday


Excitement for 2010 Olympics builds on both sid...
Sale of bills mocking Obama cut off at GOP fair...
WASL: Most incoming juniors pass reading, writi...
Tuesday


2-year sentence in Ecstasy drug death
Heroin took life of bright teen from Mukilteo
24 centenarians set a record for the ages
Monday


Boeing Machinists stand firm
Local delegates ready to make history at Denver...
Shorter WASL exams ahead for students in most g...
Sunday


The Tulalips' rapid rise took a lot more than luck
Rain cancels Four Tops, Temptations concert at ...
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Saturday


Steer clear, police say
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Friday


State fair opens with style in Monroe
Everett landlord now says he won't house sex of...
Behind the scenes at the fair
 

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Associated Press  (click to enlarge)
The Beat by General Motors is seen at the North American International Auto Show in Detroit in January. GM is considering the new Chevrolet mini car for the United States as it reworks its product lineup to cope with a dramatic shift from trucks to cars linked to high gas prices, a spokesman said Thursday.
 
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Mike Benbow, Business Editor
benbow@heraldnet.com
 
Published: Friday, July 4, 2008

GM may build new mini

DETROIT -- General Motors Corp. is considering a new Chevrolet mini car for the United States as it reworks its product lineup to cope with a dramatic shift from trucks to cars linked to high gas prices, a spokesman said Thursday.

GM spokesman Dee Allen said bringing the Chevrolet Beat, which is about the size of a Honda Fit or Toyota Yaris, to U.S. dealers is among the options the company is studying. "It is certainly one of the things that is being looked at from a portfolio perspective," Allen said.

The comments came as GM shares have been trading near their lowest levels in more than a half-century, raising investor worries about the automaker's future and its ability to adjust quickly to demand for more fuel-efficient cars.

GM shares rose 14 cents to finish at $10.12 after trading as high as $11 in an abbreviated trading session Thursday ahead of the July Fourth holiday. On Wednesday, GM shares sank as low as $9.96, their lowest level since September 1954, according to the Center for Research in Security Prices at the University of Chicago.

The Beat, to be built in South Korea, will be rolled out in other global markets faster than it would be in the U.S., Allen said. He did not know when the car might be sold elsewhere or in the U.S.

The Beat is a front-wheel-drive three-door hatchback powered by a 1.2-liter turbocharged gasoline engine.

The car still must be engineered to meet U.S. safety and emissions standards, Allen said.

1. PETA activist creates her own circus on Everett street corner
2. Stranded teen hikers rescued from peak east of Granite Falls
3. Boeing makes final offer to Machinists
4. Edmonds man admits to Silvertips raffle theft
5. Twice as many local schools make federal watch list
6. Home movie: Snohomish native has leading role in an indie film on location in his hometown
7. Boeing sweetens offer to Machinists, retiree medical benefits safe
8. Mile-long pipes will take a boat trip
9. Former jail guard sent to jail for assault
10. Business briefly: Machinists rally in Everett over talks
Enterprise Newspaper Snohomish County Business Journal
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PCC introduces earth friendly features at Edmonds store
Cedar Valley faces sanctions over WASL scores
Breathing room
Shoreline WASL scores show less improvement since 2006
Mill Creek man robs Rite Aid pharmacy, demands cash and drugs
The Enterprise Online Newspaper

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