GM to beef up European line with Corvette convertible

From: Chicago Sun-Times | Date: March 2, 2004| Author: | Copyright information

GENEVA -- General Motors Corp. will add a new Chevrolet Corvette convertible to its European lineup this year, part of a product enhancement the world's largest automaker hopes will give its struggling overseas business a needed lift.

GM's Chevy nameplate will launch the sixth generation of its iconic sports car this year. First up is a coupe, then the convertible, which made its debut Monday in conjunction with the Geneva International Motor Show.

GM Europe lost $286 million in 2003, and missed its financial targets, though it narrowed the $549 million loss of a year earlier. The European ...

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