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General Motors plans market share gains

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The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August
The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August

DETROIT (WKZO) -- General Motors is hoping that its barrage of new products will help increase its market share over the next few years.

Last year, the automaker lost shares to competitor Chrysler and several Japanese automakers.  According to officials, 70-percent of the automaker's U.S. portfolio will be refreshed by the end of 2013 and 89-percent by the end of 2016.

GM's market share fell more than ten-percentage points between 2002 and 2012.

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