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Tag Archives: general motors
Cruise CEO – It Will Be Hard to Sell a Car That Isn’t Self-Driving
The challenges are the cost of the technology that works and customer satisfaction – make the riders happy. Cruise is 6 weeks into dozens of driverless vehicles on the roads. The technology is scalable from two cities, to three, to 20 to… exponential growth. Hence the capital market interests. Continue reading
Honda and Cruise to Start Testing Autonomous Vehicles on Public Roads
The testing program for autonomous vehicles mobility service technologies will be conducted in Utsunomiya City and Haga Town, Tochigi Prefecture. To start, a high-definition map of the area will be created using a specialized vehicle for mapping. Once the high-definition map is ready, the autonomous vehicle, Cruise AV, will be driven on public roads to develop and test autonomous vehicles adapted to the traffic environment and the relevant laws and regulations in Japan. Continue reading
Fasten Your Seat Belt – General Motors Files RICO Lawsuit Against Fiat Chrysler Automobiles
In GM’s view FCA was the sponsor of “pervasive wrongdoing, paying millions of dollars in bribes to obtain benefits, concessions, and advantages in the negotiation, implementation, and administration of labor agreements over time.” Continue reading
Software Lightens Hardware
The new design technology provides significantly more vehicle mass reduction and parts consolidation opportunities that – it’s said – cannot be achieved through traditional design optimization methods. Continue reading
GM CAMI Strike Talks Still Stalled
“If you want to see what a NAFTA-caused race to the bottom looks like, go to Ingersoll, Ontario,” said Jerry Dias, National President of Unifor. “In that picturesque town west of Toronto, workers at the CAMI automotive plant are on strike over a reasonable proposal that their employer, General Motors of Canada, refuses to accept. – enhanced job security language.” Continue reading
Posted in economy, labor issues, news analysis
Tagged autoinformed.com, CAMI, Chevrolet equinox, general motors, Ken Zino, unifor, Unifor local 88
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Maven Gig Expands to San Francisco
By 2020, an estimated 43 % of the U.S. workforce will be made up of freelance workers. The nature of employment is changing, as corporations continue to shed middle class jobs. Maven Gig claims it is a “nimble platform that will grow and adapt with the shift.” Continue reading
Posted in economy, marketing, news analysis
Tagged autoinformed, autoinformed.com, general motors, Ken Zino, Maven Gig
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NYAS: Regal Returns as – What Else? – a Crossover
The former Detroit Big Three can’t give away a car, but are basking in the strong sales sunshine of pickup trucks (no Buick thus far?), SUVs and crossovers. The much Diminished Big Three – held 43.8% of the U.S. March vehicle market, down from 46% last month – despite an ongoing boom in light truck and crossover sales, slipping from 44.5% last March. Continue reading
Ten Carmakers to fit AEB – Auto Emergency Braking – on New Vehicles as Standard Equipment
FCA, aka, Chrysler, which has more than its share of problems with DOT over safety matters, is notably for its absence. FCA as well as other automakers will face increasing pressure to add AEB as more systems are added at competitors. Continue reading
Posted in customer satisfaction, electronics, engineering, milestones, news analysis, public health, safety
Tagged aeb, audi, autoinformed, autoinformed.com, BMW, Ford, general motors, iihas, Ken Zino, mazda, mercedes-benz, nhtsa, tesla, toyota, volkswagen, Volvo
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GM files SEC Paperwork to Ease Share Sales
GM said in a statement that is not currently aware of any specific plans regarding an offering by any selling shareholders. When selling shareholders make an offering during the next three years, the terms would be established at the time of offering and described in a prospectus supplement filed with the SEC. GM will not receive any of the proceeds of sales of common stock or warrants by the selling shareholders in the shelf registration statement. Continue reading
Posted in auto news, financial results
Tagged autoinformed, autoinformed.com, general motors, Ken Zino, u.s. treasury
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General Motors U.S. Sales Up 6% in March, Outpacing Market
General Motors sold 245,950 vehicles in the United States in March, up 6% compared with a year ago. Retail sales increased 4%, fleet sales were up 12%, with the fleet mix at 27% of total sales. As a result, GM retained its position as the sales leader in the U.S. ahead of Ford Motor and Toyota Motor, respectively.Sales of GM crossovers were up 31%; trucks, which include pickups, vans and SUVs, were up 2%; and car sales were down 3% as high volume large pickup sales were up 6%. Continue reading
Posted in auto news, sales
Tagged auto informed, autoinformed.com, automotive news, general motors, gm sales, Ken Zino
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General Motors U.S. Sales Slow in December. Market Up
General Motors posted the company’s highest December sales in five years, as well as its best retail month during all 2012, with deliveries up 5% to 245,733 vehicles year-over-year. Nevertheless, it wasn’t enough to keep up with the rate of growth in the overall market of 9% as big months from Toyota (+9%) and Honda (+26%) skewed the data a bit. Some of the Japanese gains were explained by the recovery from the tsunami and earthquake disasters and ensuing production disruptions more than a year ago, but not all. “Not all” is the question that should be much on the minds of GM executive this year, which will see an ongoing jobless recovery and a battle royal in the marketplace. Continue reading
Posted in auto news, news analysis, sales
Tagged 2012 sales, auto informed, autoinformed.com, automotive news, general motors, GM, Ken Zino
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French Government Backs €7B in PSA Peugeot Citroën Debt
The French State will provide up to €7 billion in refinancing guarantees for new bond issues during the 2013-2015 period. It is the latest example of a taxpayer bailout of an ailing auto company facing increasingly limited credit options in the private capital markets, if they now exist at all. The subsidy is subject to EU approval by the Competition Commission in Brussels, and is vehemently opposed by the German state of Lower Saxony, the second largest owner of VW, the largest automaker in Europe by far. Continue reading
Seven Automakers to Build North American Charging Network
The awakened policy shift from partisanship toward cooperation in saving the planet for the pernicious effects of climate change, aka global warming, is the latest beneficial result of the Biden Administration’s Inflation Reduction Act, which in part is using once eschewed and mocked national industrial policy to effectively serve all – as in We the People – in the US. The socialist aspects of the policy also have larger global benefits as well. Continue reading →