The Global Light Vehicle selling rate improved to 76 mn units/year for May 2022, following “a very poor result in April, the respected automotive consultancy LMC Automotive said today. (read AutoInformed.com on: US May Auto Sales – Record Prices as Sales Plunge -29%
Supply constrictions remain the major issue for the automotive industry, with makers unable to meet demand in most regions. In year-over-year comparison terms, sales were down 10%. In China, the reopening of manufacturing facilities in mid-April supported a rebound in sales for a moment. In the US, the industry is beset with problems, many of them self-inflected, including record high transaction prices, low inventory, and low incentives.
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Milestones – Cadillac CELESTIQ to be Built in Warren MI
Tech Center became a National Parks Historic place in 2015.
General Motors (NYSE GM) today announced it will invest $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ, which wil be the brand’s flagship. The investment will be used to purchase and install related equipment to hand-build the CELESTIQ. Campus renovation work has already begun.
Actual details of what GM is going to sell and lease are scant. CELESTIQ’s roof is “expected to be one of the first” to feature a four-quadrant, suspended-particle-device smart glass. With this smart glass, each occupant of the vehicle can set their own level of roof transparency. The driver and front-seat passenger will enjoy a pillar-to-pillar freeform display with active privacy to help mitigate driver distraction, GM said. AutoInformed will spare you from the taillight and door hinge photos. Continue reading →