Skip navigation
advertisement

GM to scale back presence at LA Auto Show

New Buick model to be unveiled in Detroit; no execs will go to Los Angeles

Image: GM at LA auto show
Danny Moloshok / Reuters file
GM’s Chevrolet hybrid vehicles including the Chevrolet Tahoe Hybrid (L), the Chevy Silverado Hybrid (C) and the Chevy Malibu Hybrid are displayed at last year’s LA Auto Show.
  LIVE QUOTE
Quotes delayed 15+ min.
INTERACTIVE
Image: The Tata Nano
10 odd-looking foreign cars
From the Fiat 500 to the Tata Nano — these foreign cars leave us speechless.
  Latest interest rates
MortgageHome EquitySavingsAutoCredit Cards
See today's average mortgage rates across the country.
Loan typeToday+/-Last week
30-year fixed
5.11%
5.07%
15-year fixed
4.48%
4.55%
30-year fixed jumbo
5.90%
5.86%
5/1 ARM
4.25%
4.19%
7/1 ARM
4.48%
4.63%
See today's average home equity rates across the country.
Loan typeToday+/-Last week
$30K HELOC
5.17%
5.19%
$30K home equity loan
8.38%
8.34%
$75K home equity loan
8.31%
8.25%
$50K home equity loan
8.28%
8.22%
$50K HELOC
4.91%
4.93%
See today's savings rates across the country.
Savings typeToday+/-Last week
Money market
.87%
.90%
$10K money market
.93%
.98%
Six-month CD
1.02%
1.05%
One-year CD
1.44%
1.51%
Five-year CD
2.53%
2.47%
See today's average auto rates across the country.
Loan typeToday+/-Last week
48-month new car loan
6.84%
6.82%
36-month used car loan
7.17%
7.17%
36-month new car loan
6.71%
6.70%
60-month new car loan
6.88%
6.86%
72-month new car loan
6.12%
6.12%
See today's average credit card rates across the country.
Card typeFixedVariable
Standard13.47% 11.48%
Gold12.13% 9.90%
Platinum11.46% 12.21%
All12.43% 11.68%
updated 1:20 p.m. ET Nov. 11, 2008

DETROIT - General Motors Corp. says it is scaling back its presence at the Los Angeles Auto Show next week.

Spokesman Scott Fosgard says GM planned to unveil a new Buick model, and Vice Chairman Bob Lutz was going to attend the show's media previews Nov. 19 and 20.

But Fosgard said Tuesday the new model will be unveiled at the Detroit auto show in January, and no executives will travel to Los Angeles.

Story continues below ↓
advertisement | your ad here

He says the new model could get lost in the news about GM's cash crisis and efforts to get government aid. GM also wants to unveil the Buick in Detroit to get more exposure to Chinese journalists. Buick is a hot-selling product in China.

GM will still have a display at the Los Angeles show. The show is open to the public Nov. 21-30.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sponsored links

Scottrade: Trade Stocks
Open an Account Online Today! $7 Trades & Powerful Trading Tools.
www.scottrade.com

Resource guide