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Tag Archives: cadillac
SoftBank Vision Fund to Invest $2.25 B in GM Cruise
The SoftBank Vision Fund investment will be made in two phases. At the closing of the transaction, the Vision Fund will invest the first tranche of $900 million. At the time that Cruise AVs are ready for commercial deployment, the Vision Fund will complete the second tranche of $1.35 billion. Continue reading
Rogue Named Cadillac Creative Agency
Cadillac says it has selected a new agency called Rogue as its creative agency of record, following a review process. Continue reading
Posted in auto news, new vehicle
Tagged autoinformed, autoinformed.com, cadillac, Ken Zino, rogue
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Cadillac Matches New Car Warranty on Used Cars
In a move that reflects a growing industry trend of expanding warranty and maintenance plans, Cadillac today matched its new vehicle warranty on certified used cars. Continue reading
Posted in aftermarket, auto news, customer satisfaction
Tagged autoinformed, autoinformed.com, cadillac, certified used cars, Ken Zino
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GM U.S. Sales Up 16% in January, a Bit More than Market Gain
The strength of the market itself was surprising. January 2013 was 14% higher than last year 27% higher than January 2011 and roughly 50% higher than January 2010 – an amazing recovery trend that should allow leveraged automakers to print money, including GM as 2012 results are released in February. Continue reading
Posted in auto news, sales
Tagged auto informed, autoinformed.com, automotive news, buick, cadillac, GM, gmc chevrolet, january sales, Ken Zino
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Cadillac ELR to be Built at Detroit-Hamtramck
Development of the Chevrolet Volt-based Cadillac ELR is now underway, and GM has just confirmed that the ELR will be built at the GM’s Detroit-Hamtramck plant. The on again/off again program is based on the Converj concept first shown at the 2009 North American International Auto Show as General Motors was hurtling toward a bankruptcy reorganization. Converj, err ELR, will be GM’s second hybrid after the Chevrolet Volt/ Holden Volt/ Opel Ampera when it appears late in 2013 as a 2014 model. Continue reading
General Motors U.S. April Sales Down 8% in a Growing Market
General Motors Co. (NYSE: GM) today reported April sales of 213,387 vehicles in the United States, a decline of 8% in a month that looks to be running at more than 14 million units on a seasonally adjusted basis, an increase of at least 12%. Buick one again posted a decline, this time -25% at 15,450 vehicles, with the mid-size Regal off -37% at 2,850. The compact and less expensive Verona sold 3,000 sedans. This begs the question whether Buick in particularly, perhaps General Motors overall, has been too aggressive in raising prices to boost profitability. The brands aren’t strong enough and the competition remains formidable. Once again Chrysler posted a 20% sales increase to 141,000 vehicles in April, and my bet is GM and Ford are where the growth is coming from to a large degree. Continue reading
Posted in auto news, results, sales
Tagged april results, auto informed, autoinformed.com, automotive news, buick, cadillac, Chevrolet, gm april sales, gmc, Ken Zino, sales results
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Car Spy Jim Dunne Catches Revised Lincoln MKS or MKZ?
Following the Ford Jaguar debacle, success is also not a word that can be applied to Ford’s management of Lincoln, which is a poseur in the world of luxury cars dominated by the German Brands and Toyota’s Lexus, which even though it was out of the U.S. market for five months this year because of the Japan earthquake, still managed to outsell Lincoln by a better than 2:1. Continue reading
Cadillac to Introduce New Small and Large Cars in 2012
The announcement comes as Cadillac sales declined sharply in the U.S. during July, with disappointing total sales of 11,119, a 26% decrease compared to last July as its aging vehicle line was affected by increased incentives from German brands. Both of the new Cadillac models are aimed squarely at German luxury offerings. Continue reading
Posted in auto news, concept, new vehicle
Tagged 2013 model cadillac, auto informed, auto news, autoinformed, autoinformed.com, automotive news, cadillac, cadillac ats, cadillac xts, compact Cadillac, GM, Ken Zino, new cars, zino
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GM First to Offer Free Maintenance on Used Vehicles
The so-called Owner Care program, appears to be a first from an automaker in the U.S. It includes a two-year/30,000-mile maintenance program that covers oil changes based on each vehicle’s Oil Life Monitor system, tire rotations, and multi-point vehicle inspections. This is offered at no charge to the owner. Continue reading
Posted in aftermarket, auto news
Tagged autoinformed, automotive news, buick, cadillac, Chevrolet, gm certified pre-owned, gmc, Ken Zino, owner care, used car warranties
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General Motors April U.S. Vehicle Sales Increase of 27%
“Recently, rising fuel prices have led many to re-think their vehicle choice,” said Don Johnson, vice president, U.S. Sales Operations. “Because of the investments we’ve made in fuel-efficiency and global product architectures, the company is well positioned to meet these needs.” Continue reading
Milestones – 1908 Billy Durant Founds GM
William “Billy” Crapo Durant founded General Motors this week on 16 September 1908 with Buick as the cornerstone. Durant soon brought Oldsmobile, Cadillac, Oakland (Pontiac predecessor) and two dozen other companies under a GM holding company. However, Durant lost control of the company to bankers in 1910 after his money supply was cut off. To get new financing, Durant, while remaining a GM vice president, relinquished control of the company to a new board comprised of bankers, but in those days GM was running without taxpayer subsidies or bailouts.
“The business philosophy was simple and as history shows enormously successful. One company – General Motors – would own and sell multiple brands making for greater growth and profits. It proved true,” said AutoCrat. Continue reading →