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Tag Archives: GM
Slow Sales Start for US Light Vehicles in January 2024
“After a flurry of sales activity in December, there was always a risk that January would see some payback, with fewer consumers on the hunt for a new vehicle, and so it transpired. Apart from normal seasonal effects, the current environment is such that buyers remain price-sensitive and if the right deals are not available, volumes are liable to suffer,” said David Oakley, Manager, Americas Sales Forecasts, GlobalData. Continue reading
Posted in auto news, economy, electric vehicles, marketing, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, David Oakley, GlobalData, GM, Jeff Schuster, Ken Zino, tesla, Toyota Group, Toyota RAV4, US light vehicle sales January 2024
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Automakers Want US Taxpayer Subsidies for Aluminum
The letter was published on a website and in full page ads in five newspapers: The Albany Times-Union, The St. Louis Post-Dispatch, The Louisville Courier-Journal, the South Carolina Post and Courier, and the Indianapolis Star. Not coincidentally each newspaper is in a market with one of the remaining six primary aluminum smelters. The letter was also accompanied by a digital ad campaign and mobile takeover on Politico. The power of big special interest money is once again in play, and at least this time subject to public scrutiny and challenges by some as socialism or woke-ism for the one-percenters. Continue reading
High Noon – UAW Big Three Strike Expands Friday
“I have been clear with the Big Three every step of the way. And I’m going to be crystal clear again right now. If we don’t make serious progress by noon on Friday, September 22nd, more locals will be called on to Stand Up and join the strike. That will mark more than a week since our first members walked out. And that will mark more than a week of the Big Three failing to make progress in negotiations toward reaching a deal that does right by our members, Fain said. Continue reading
UAW Say GM’s Lordstown JV Battery Plant Dangerous
“This case study of Ultium Cells Lordstown shows there is a real danger that hundreds of billions in taxpayer dollars will subsidize an EV industry that underpays and endangers workers. Ultium is a joint venture of General Motors and LG Energy Solution. Its Lordstown, Ohio, plant makes the battery cells that power GM’s growing EV fleet. Ultium’s Lordstown plant could qualify for tax credits worth more than $1 billion a year,” the UAW said. Continue reading
GM Earns $4.3 Billion in Q3 2022
“This keeps us on track to deliver our third consecutive year of full-size pickup leadership, and our 22nd year as the full-size SUV leader. To build our truck leadership and help maintain our strong margins, Chevrolet and GMC recently unveiled new mid-size and heavy-duty pickups that will launch next year,” said GM chair and CEO Mary Barra. Continue reading
Posted in economy, electric vehicles, financial results, news analysis
Tagged auto industry commentary, autoinformed.com, bolt, cruise, GM, GM Q3 2022 earnings, Ken Zino
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Auto Assembly Plant Restarts – Yes, Maybe and Unknown
FCA, GM, and Volkswagen announced planned to restart production at four plants during the week of 31 May 2020. Continue reading
Data Show GM Automated Safety Systems Prevent Crashes
The GM active safety systems evaluated are addressing a wide range of common crashes that cause a large amount of injuries, property damage and cost to GM customers and society. Continue reading
Unifor Saves Some Canadian Jobs as GM Blinks on Oshawa
This fight has international ramifications stretching beyond next year when the Canadian autoworkers and the UAW contracts expire at the Detroit Three. While not official, this makes the beginning of bargaining table battles that will cast a large shadow on the upcoming U.S. presidential election. Continue reading
IndustriALL Endorses Global Agreements to Fight and Shape Policy on the Growing Number of Auto Plant Closures
So whither auto plants with their well-paid, highly skilled and heavily unionized work? Plant closures and retrenchments in several countries is worrying for unions. Continue reading
Honda Joins with Cruise and General Motors to Build New Autonomous Vehicle. Honda Investment Of $750 Million Values Cruise At $14.6 Billion
In the auto industry a new production vehicle takes roughly four years and about a billion dollars to design and bring to market. That’s if there is an existing assembly plant – if not, add another billion dollars – and an experienced team ready to move. Continue reading
GM Ups Ante Calls Out Other Automakers on EVs?
The 2017 Chevrolet Bolt EV has an EPA-estimated range of 238 miles (383 kM) from its 60-kWh battery pack that is made in Korea. What the future holds depends energy prices, and EV prices – roughly $40,000 or more with options for a Tesla Model 3 or Bolt mid-size car. Continue reading
Posted in alternative fuels, electric vehicles, environment
Tagged autoinformed.com, bolt, electric cars, GM, Ken Zino, Nissan leaf, taxpayer subsidies, volt
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U.S. Leads Powertrain Aftermarket but Trails in Trends
Mexico’s hot climate contributes to vehicle overheating and powertrain component damage along with poor road conditions in many areas, increasing powertrain wear and tear. How this differs from U.S. conditions was not clear. As was the silence on where the U.S. sold parts were built. Continue reading
Maven Launches City Car Sharing in Atlanta
The growth is impressive and part of a growing trend that threatens the traditional auto industry business model Continue reading
Posted in marketing, news analysis, transportation
Tagged autoinformed, autoinformed.com, city car sharing, GM, Ken Zino, Maven, shared mobility
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Michigan – Tariffs Cause Higher Grocery Prices, More Expensive Housing, Put Jobs at Risk
In response to Governor Gretchen Whitmer’s executive directive to gauge the impact of federal tariffs on Michigan’s economy, several State of Michigan departments submitted reports pointing to higher prices and costly delays that would ultimately impact Michiganders. Today, the U.S. … Continue reading →