General Motors
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It seems with every new report concerning General Motors and the ignition switch recall, GM only looks worse off. Consider this piece from the Wall Street Journal today which reports that the automaker placed an order for 500,000 replacement ignition switches two months before announcing a recall. Emails shown to the Wall Street Journal revealed that on December 18, a GM contract worker contacted supplier Delphi Automotive for a 'urgent' order of 500,000 switches. This comes a day after GM senior executives were called into a meeting to discuss the situation over the Chevrolet Cobalt was discussed. However, no records were kept about what was said at the meeting. These …
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General Motors is now facing two new lawsuits with a total of $10 billion in compensation on the line. The two suits allege that GM's ignition switch recall has cause the values of their vehicles to drop. The first and largest suit is seeking to represent owners who bought or leased a recalled car from July 2009 to July 2014 and either still owns it, traded it in after the recall was announced back in February, or got into an accident. Steve Berman, one of the attorneys involved, tells Bloomberg that more than 20 million customers could join in the suit. “New GM repeatedly proclaimed that it was a company committed to innovation, safety and maintaining a strong brand. T…
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How does 20 city / 27 MPG hwy sound for a 4 cylinder auto RWD? The fact that highway is only 1 MPG better than the V6 is a little perplexing. It should be interesting to see what the diesel numbers turn out to be. I would imagine it will be over 30 MPG highway. http://www.detroitnews.com/story/business/autos/general-motors/2014/09/21/chevrolet-colorado-gmc-canyon-fuel-economy/16002885/
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G. David Felt Alternative Fuels & Propulsion writer www.CheersandGears.com Spark Sales Surpass 1 Million Globally http://www.gm.com/article.content_pages_news_us_en_2014_oct_1009-spark.html GM announced that starting with the spark labeled the Beat in India, they have surpassed 1 million auto sales of this sporty subcompact car. Sales started in 2009 in India and now the Spark is sold in 71 countries around the globe. GM went on to state that sales are up 10% year over year for the spark and 60% of buyers have never owned a Chevy before. The Spark is attracting the youngest buyers to Chevy with 9% of the spark sales to people under the age of 35. IIHS …
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General Motors has issued three new recall campaigns that cover 641,000 vehicles. 290,107 Cadillac SRXs (2010 to 2015 model years) and Saab 9-4X (2011-2012 model years) need to have their rear toe link adjuster lock nuts inspected. The nuts may have not been properly torqued to spec which could cause the toe adjuster link to separate and the vehicle to sway around. GM says its aware of three accidents and two injuries because of this problem. Dealers will look at the nuts and replace the link assembly. 117,651 model year 2013-2014 Chevrolet Tahoe and Suburban; 2013-2014 Cadillac CTS; 2013-2014 GMC Yukon and Yukon XL; 2013-2014 Cadillac Escalade and Escalade ESV; 2014 …
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Starting today, General Motors is beginning to ship their new midsize trucks to dealers across the U.S. GM says demand for the Chevrolet Colorado and GMC Canyon is very high, with 30,000 orders alone for the Colorado. GM has claimed that over 100,000 configurations of the two models have been created since the the "build your own" features went live on September 3rd. To help cope with this initial demand, GM has added 750 employees at their Wentzville, Mo. assembly plant to accommodate a third shift of production. Source: General Motors William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] you can follow him on …
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When we last checked in on General Motors' Ignition Switch Compensation Fund, almost 300 claims were filed by families due because they were effected by the ignition switch problem. Now according to the Detroit Free Press, some of the claimants are starting to see settlements. The Detroit Free Press reports that Compensation Fund Administrator, Kenneth Feinberg has approved nineteen claims made by families who said the ignition switch caused the death of a loved one. This up from the thirteen deaths that General Motors and federal safety regulators have identified. Feinberg has also approved four claims of those who were seriously injured and eight claims of those who w…
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General Motors has put a rush on the next-generation Chevrolet Silverado and GMC Sierra to counter Ford's F-150. According to Reuters, GM has pushed up the launch date of their next-generation pickups, codenamed T1XX, by nine months to the fall of 2018. The new trucks will undergo a diet much like the new F-150. Full-size SUVs will follow a year after. While this will trail the next F-150 by four years, supplier sources says GM has a lot in store for its next-generation trucks, including a ten-speed automatic being jointly developed with Ford, direct-injection, turbocharging, and auto stop/start technologies. In the meantime, some of GM's current trucks and SUVs will ge…
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Another day, another senate hearing into the General Motors ignition switch recall. Today, two new people were grilled by the committee about their knowledge in this mess. First up was Michael Millikin, GM's General Counsel. Millikin testified that he didn't know about the issue till February of this year. He also testified that lawyers working for GM during April 2013 had information pertaining to this from a case they were working on. However, they failed to notify engineers about the problem. "That was tragic. If they had brought it to my attention at that time, I certainly would have made sure that they had done something," Millikin said. Lower-level lawyers were …
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G. David Felt Alternative Fuels & Propulsion writer www.CheersandGears.com GM was in the press earlier this year when it offered to help recover and restore the corvettes from the corvette museum that got damaged in the sinkhole. GM stepped up again when VP Mark Ruess happened to be listening to a radio show on WJR on Wednesday. The show talked about how police researching a phoney VIN led authorities back to the original owner. 71 year-old owner, George Talley got a call telling him his vette was in Hattiesburg Mississippi. Odometer showed 47,000 miles and was in good condition. The retiree who had worked at GM's Milford Proving Grounds had no idea of ho…
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Time for a bit of an inception moment. Today, General Motors is recalling one of their recalls that was issued on Monday. The company explained that the one pertaining to the 2014 CTS doesn't cover all of the CTSes. Wait, we just made that somewhat confusing. The 2014 CTS Coupe and Wagon, which are based on the second-generation model are effected by this recall. The 2014 CTS sedan, which is brand new isn't a part of this. Why GM didn't make this clarification when they announced the recall is unknown. Our best guess is that GM was in rush when getting these recalls out and forgot to note that. Source: Detroit Free Press View full article
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New documents released by congressional investigators last week are putting some doubt onto GM's own internal investigation and legal proceedings. The Wall Street Journal reports that new documents show Doug Parks, vice president of product programs was aware of the ignition switch problems on the Chevrolet Cobalt as early as 2005. At the time, Parks was the chief engineer on the Cobalt and Saturn Ion. On May 2, 2005, he was involved in a email chain with a dealer over a customer wanting the dealer to buy back his vehicle because the ignition switch moves out of the "run" position too easily. Parks responded by suggesting "coming up with a plug" to place on the key to re…
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Within a few days, General Motors has announced ten new recalls covering close to eight million vehicles in the U.S. alone. The largest recall of the ten is for 6.8 million vehicles in the U.S. (7,610,862 vehicles in North America) for ignition switches that can rotate out of the run position. GM says this is problem with how the key is designed and not the switch itself. 1997 - 2005 Chevrolet Malibu 1998 - 2002 Oldsmobile Intrigue 1999 - 2004 Oldsmobile Alero 1999 - 2005 Pontiac Grand Am 2000 - 2005 Chevrolet Impala 2000 - 2005 Chevrolet Monte Carlo 2004 - 2008 Pontiac Grand Prix Another group of vehicles, totaling 616,179 of these vehicles are in No…
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This morning, General Motors and Kenneth Feinberg have announced the details for the long awaited ignition switch recall compensation fund. The fund will be open to family members of anyone that was killed or injured due to ignition switch failure. That will include passengers, pedestrians, and other motorists that were killed or seriously injured because of the ignition switch. Victims will be able to begin the process starting on August 1st. Applications are due by December 31st. Feinberg says that claims will take around 90 to 180 days. As for how much GM will be paying out, that is completely up in the air. Feinberg has said that he isn't going to try and estimate h…
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Another day, another large recall set from General Motors. The automaker announced six recalls covering around 3.5 million vehicles from the 2000 to 2015 model years. The largest recall covers around 3.36 million vehicles built between 2000 and 2014 and sold in the US, Canada, and Mexico. The problem deals with the vehicle's ignition switch where it can kicked off from the run position due to if keychain is heavy or if they experience a "jarring" event. GM will modify the ignition key by drilling a four-by-six-millimeter hole to deal with weight of a keychain better. The vehicles affected include: 2005-2009 Buick Lacrosse 2006–2011 Buick Lucerne 2004–2005 Buick Reg…
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Order guides are an interesting guide as they give us information on what's coming down the pipeline for a certain models. Such is the case for the Chevrolet Colorado and GMC Canyon that will be going on sale later this year. Truck Trend got their hands on the order guides for both models and found out some intriguing information. Extended Cab models of both trucks will come standard with the 2.5L direct-injected four-cylinder engine with 200 horsepower and 191 pound-feet of torque. That's up from the 193 horsepower and 184 pound-feet GM said earlier this year. A six-speed manual is standard across the range, with a six-speed automatic being optional. Max towing is rated…
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General Motors today announced another set of recalls that covers over 500,000 vehicles, The first and largest recall is for the Chevrolet Camaro from the 2010-2014 model year due to the key fob being accidentally hit by a driver's knee and causing the key to move out of the move position. GM says this isn't a problem with the ignition switch, but with the key fob itself. GM also said that it is aware of three accidents where the key fob was the problem. A total of 511,508 Camaros worldwide will get a separate ignition key and fob to fix this problem. Dealers have been told to stop selling Camaros for the timebeing. The other recalls issued by GM include: 28,789 Saab…
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The Detroit News is reporting that the National Highway Traffic Safety Administration has ended the daily fine of $7,000 to General Motors after the company turned over the docements and answered the 107 detailed questions about its recall. A Transportation Department spokeswoman said the daily fine ended on June 5th when GM handed over the 315-page internal report from Anton Valukas. “We have what we asked for. The (GM) report is consistent with what we said a few weeks ago, which is there are some culture issues,” said Anthony Foxx, U.S. Transport Secretary. The total amount GM has pay to NHTSA? Around $420,000 which is due on July 4th. Source: The Detroit News Will…
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The internal investigation has been completed and General Motors has released the report that looks into the handling of the ignition switch recall. During a town hall meeting this morning at GM's headquarters, CEO Mary Barra said the report was "extremely thorough, brutally tough, and deeply troubling," and announced changes to the company's policies and processes. “Overall the report found that, from start to finish, the Cobalt saga was riddled with failures which led to tragic results for many,” said Barra. The 315 page report, done by former U.S. Attorney Anton Valukas finds that General Motors suffered from “organizational dysfunction” and that there were deceit an…
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Ray DeGiorgio, the General Motors engineer who was called out during the GM ignition switch hearing and subsequently suspended, spoke with congressional investigators earlier this month. The New York Times reports that DeGiorgio talked with investigators for ten hours on May 19th about his involvement in the ignition switch recall. As you might recall, DeGiorgio was the engineer who signed off on a change to the ignition switch in certain GM vehicles. However during testimony in a wrongful death suit, DeGiorgio claimed he didn't remember authorizing any change to the ignition switch. During his questioning with investigators, DeGiorgio appeared “genuinely upset” accordi…
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General Motors has agreed to pay a $35 million fine over its handling of the ignition switch recall. This amount represents the maximum fine issued by the Government. "Safety is our top priority, and today's announcement puts all manufacturers on notice that they will be held accountable if they fail to quickly report and address safety-related defects," said U.S. Transportation Secretary Foxx. The ignition switch recall covers 2.6 million Chevrolet Cobalt, HHR, Pontiac G5, Solstice, Saturn Ion, and Sky models built from the 2005 to 2011 model years. This problem is linked to 31 accidents and 13 deaths. "No excuse, process, or organizational structure will be allowed t…
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Two weeks after becoming the CEO of General Motors, Mary Barra got blind sided with the news that a major safety problem, a faulty ignition switch in certain vehicles that could turn and cause the vehicle to stop with no warning had come to light. This switch was flagged years ago as being problematic but nothing aside from service bulletin was ever done. This problem was linked at the time to several crashes and 13 fatalities. When Barra testified to the House Committee on Energy and Commerce about the ignition switch, she said that she only knew about the issue in late January. But many questioned for someone who worked at the company for 34 years, why was she kept in …
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Another week, another set of recalls from General Motors. The company announced today that it's recalling a total of 2.7 million in five different recall campaigns that cover eight different models. Here are the recalls: A total of 2.4 million vehicles that include the 2004-2012 Chevrolet Malibu, 2004-2007 Chevrolet Malibu Maxx, 2005-2010 Pontiac G6, and 2007-2010 Saturn Aura for a faulty control module. The module could cause tail lights to either not turn turn on when the brakes are applied or turn on all by themselves. Other items such as the cruise control, traction control, stability control, and panic braking assist may be affected. 111,889 Chevrolet Corvettes…
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G. David Felt Alternative Fuels & Propulsion writer www.CheersandGears.com According to the news story on MSN, GM is recalling 2.7 million 2014 Malibu sedans according to Jeff Boyer, GM's Safety Chief to fix a problem that affects brake lights, headlamps, power brakes and windshield wipers. GM will take a 200 million charge this quarter to cover this. Full story can be found here. Great read with very good info and good to see that the GM CEO is not waiting but attacking these small issues head on. http://news.msn.com/us/gm-recalls-27m-more-cars-industry-on-record-pace
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In a securities filing today, General Motors revealed that it is currently under five different government investigations into its handling over the ignition switch recall. The five investigations include ones from U.S. Attorney’s Office for the southern district of New York, Congress, NHTSA, the SEC, and a unnamed state attorney general. “We are also the subject of various inquiries, investigations, subpoenas and requests for information from the U.S. Attorney’s Office for the southern district of New York, Congress, NHTSA, the SEC, and a state attorney general in connection with our recent recall. We are investigating these matters internally and believe we are coopera…
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Just when you thought General Motors couldn't dig any deeper with the ignition switch recall, they seem to find a way. The U.S. House Energy and Commerce Committee released over 600 pages of documents relating to the GM ignition switch recall early this week and it shows a number of deeply entrenched problems. Let's begin with a story we reported last week that said two engineers from GM, Gary Altman and Ray DeGiorgio were put on paid leave. We knew DeGiorgio was put on paid leave for testifying for not knowing the part change, even though he signed a document authorizing the change. But Altman was another question as we didn't know why he was put on paid leave. We now …
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The bad news for General Motors continues to flow in. The Detroit News reported yesterday morning that GM has put two of its engineers, Gary Altman and Ray DeGiorgio on paid leave as part of as part of a continuing internal investigation into the ignition switch recall. The two engineers were singled out during the congressional hearings as members of congress were very dubious as to why the company hadn't fired anyone at the moment. In a statement released today, GM CEO Mary Barra said the decision came after an update from Anton Valukas, the former U.S. attorney who is currently overseeing an independent investigation over the recall. “This is an interim step as we s…
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Last month, the National Highway Traffic Safety Administration (NHTSA) sent General Motors a 27 page document with 107 questions that dealt with the massive ignition switch recall that affects 2.8 million vehicles worldwide and is linked to 13 deaths. NHTSA gave the company a deadline of April 3rd to finish answering all of the questions. Well its a week after the deadline, NHTSA has announced it will fine GM $7,000 per day starting on April 3rd because the company hasn't answered all of the questions and being slow to respond. At this current time, the total fine stands at $28,000. In a letter released last night, NHTSA said General Motors hasn't answered a third of its…
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Last night, General Motors announced that the ignition switch has been expanded to include an additional 824,000 vehicles. The vehicles include, 2008-2010 Chevrolet Cobalt 2008-2011 Chevrolet HHR 2008-2010 Pontiac G5 2008-2010 Pontiac Solstice 2008-2010 Saturn Sky This brings the total number of vehicles involved in the recall to over 2.6 million vehicles. Like the previous recalls, GM is urging owners to remove all of their keys except the ignition key to prevent the switch from moving. GM said replacement parts will begin arriving at dealers starting on April 7th. "We are taking no chances with safety. Trying to locate several thousand switches in a popu…
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The last thing you want before testifying before the U.S. House is announcement of more vehicles being recalled. In the case of the General Motors, this is happening. The automaker announced this afternoon the recall of 1.3 million vehicles because of faulty electric power steering units. The units can fail with little or no warning; the steering system still works, but it takes more effort from a driver. The vehicles involved in this recall include, Chevrolet Cobalt: Some model year 2010 vehicles Chevrolet HHR (Non-Turbo): Some model year 2009 and 2010 vehicles Chevrolet Malibu: All model year 2004 and 2005, and some model year 2006 and model year 2008 and 2009 veh…
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Despite GM's recall of over 1.6 million vehicles due to faulty ignition switches, two new lawsuits allege that the company hasn't recalled them all. Bloomberg reports that one lawsuit has been filed in San Francisco's federal court states that faulty ignition switch problem is present in the 2010 Cobalt, a model that isn't in the current recall by GM. Another lawsuit filed in Alabama states that GM knew of defects with Cobalts built before April 2009 due in part to technical service bulletins issued to dealers. The TSBs stated that keys may "stick" or "bind" in the switch of non-recalled Cobalts and other vehicles. “We will not comment specifically on the suit or pendin…
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Today at a media briefing, General Motors unveiled their next-generation EcoTec engine family. The family will go into production later this year and promises to be more refined and efficient than before. The engine family is made up of eleven different three and four-cylinder engines ranging in displacement of 1.0 to 1.5 liters. Both naturally-aspirated and turbocharged engines will be on offer and the engines have been designed with hybrid and alternate fuel configurations in the future. Power will range from 75 to 165 horsepower and 70 to 184 pound-feet or torque. "The new Ecotec architecture represents the most advanced and efficient family of small-car gas engines …
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The US House Energy and Commerce Committee announced late this week that they have scheduled a hearing on the General Motors Ignition Switch recall on April 1st. Testifying in the hearing will be GM CEO Mary Barra and National Highway Traffic Safety Administration head David Friedman. The hearing will look into the timing and response of GM and NHTSA over the problem and recall. "We look forward to hearing from both Mary Barra and Administrator Friedman. Their testimony is critical to understanding what the company and NHTSA knew about the safety problems, when they knew it, and what was done about it," said Energy and Commerce Committee Chairman Fred Upton (R-MI) and Ov…
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Another twist in the General Motors' ignition switch recall story. Automotive News reports that the company may have a possible legal shield from lawsuits stemming from the recall. During the restructuring process, GM negotiated with state attorney generals and consumer groups to carry product liability on vehicle faults after it left bankruptcy in 2009. Those faults prior to 2009 would need to take it up with old GM. So far, any lawsuits brought against the company for pre-2009 faults have gone nowhere. "It is true that new GM did not assume liability for claims arising from incidents or accidents occurring prior to July 2009.Our principle throughout this process has be…
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Both the U.S. Justice Department and the U.S. House Energy and Commerce Committee announced this week they would start investigations into General Motors' ignition switch recall. The recall which affects 1.62 million vehicles worldwide has been linked to 31 crashes and 13 deaths. The Detroit News reports that the U.S. Attorney’s Office in New York is heading up the Justice Department's investigation. This is the office that has been investigating Toyota's unattended acceleration recall since 2010 to determine whether or not the company misled Government officials over claims of sudden acceleration. According to two people familiar with the matter, the office's office’s c…
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General Motors' problems with the 1.6 million vehicle recall over a faulty ignition switch are growing. This week, the National Highway Traffic Safety Administration (NHTSA) has sent a 27 page document with 107 questions asking about the recall and the timeline. Questions range from how the investigation process on the ignition "was not as robust as it should have been" to when GM decided to start investigating crashes with the 2005-2007 Chevrolet Cobalt and 2007 Pontiac G5 where the air bag did not deploy. NHTSA has also requested documents ranging from complaints from owners to lawsuits involving GM vehicles in the recall. "We are a data-driven organization, and we w…
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Yesterday, the National Highway Traffic Safety Administration (NHTSA) announced they would open a formal investigation into the timeliness of GM's ignition switch recall. The recall affects over 1.6 million vehicles which are, 2005-07 Chevrolet Cobalt 2006-07 Chevrolet HHR 2005-07 Pontiac G5 2006-07 Pontiac Solstice 2003-07 Saturn Ion 2006-07 Saturn Sky In a statement, NHTSA says “opened an investigation into the timeliness of General Motors’ recall of faulty ignition switches to determine whether GM properly followed the legal processes and requirements for reporting recalls.” This investigation could cost GM dearly. The Detroit News reports NHTSA c…
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Two weeks ago, General Motors announced a massive recall that involves 778,562 Chevrolet Cobalts built between 2005 to 2007 and Pontiac G5s built in 2007 because of a faulty ignition switch that slip out of the run position if jostled or if any weight was applied to the key in the cylinder. Now this problem has caused 22 accidents and claimed the lives of six people since the air bags didn't deploy since the key was turned away from the run position. Now a GM spokesman pointed out at the time that the lack of air bags weren't the only factor in these fatalities; high speed, alcohol, not wearing a seat belt, and going off the road played a role in the six different fatalit…
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Ford pulled off a bit of coup at the Detroit Auto Show last month with the introduction of the 2015 F-150 which features an all-aluminum body to help meet the upcoming fuel efficiency standards. Now, another truck maker looks to be following in the footsteps of the blue oval. The Wall Street Journal has learned from sources familiar with the matter that General Motors is working on making the next-generation Chevrolet Silverado and GMC Sierra have aluminum bodies. The company has secured contracts with with Alcoa and Novelis Inc. to supply aluminum for the next-generation trucks, due out in late 2018. GM's global product development chief, Mark Reuss hinted at the compa…
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Back on Wednesday, we reported that the National Corvette Museum in Bowling Green, Kentucky had a sinkhole open up and take with it eight Corvettes; two of those on loan from General Motors. Now, GM is stepping and saying it will fix all of the Corvettes. In a statement, GM says the damaged Corvettes will be shipped to the GM Motors Design facilities in the Warren Tech Center where they will get a look over and be fixed. GM's vice president of global design, Ed Wellburn will look over the process. “There can only be one 1-millionth Corvette ever built. We want to ensure as many of the damaged cars are restored as possible so fans from around the world can enjoy them whe…
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With Ram offering a small diesel and Ford announcing that next F-150 will be considerably lighter, GM is considering all options with their pickups to raise fuel economy. One of those options happens to be a 4.5L Diesel V8 that was planned to go into their pickups five years ago. Steve Kiefer, GM's vice president of global powertrain tells Automotive News that GM is considering dusting off that engine and slip it into their new trucks. "We are looking closely at diesel entrees in that segment. In fact, I heard the terms 'dust off' that 4½-liter at one point. That is certainly one of the options. Clearly, we have a portfolio of diesel engines," said Kiefer. Source: Auto…
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http://editorial.autos.msn.com/blogs/post--recall-2014-chevrolet-silverado-gmc-sierra-for-engine-fires?icid=autos_5158 4.3 and 5.3 affected. The 2014 Chevrolet Silverado and GMC Sierra have engine software errors that can cause the exhaust components to overheat and cause fires under the hood. Owners should avoid leaving their trucks idling while unattended. Uh oh.
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William Maley Staff Writer - CheersandGears.com December 9, 2013 'Government Motors' is no more. Today, the U.S. Treasury sold its remaining shares of General Motors, ending a four-year ownership of the automaker. The Treasury says it recouped $39 billion of its original $49.5 billion investment into GM. “The U.S. Treasury’s ownership exit closes just one chapter in GM’s ongoing turnaround story. We will always be grateful for the second chance extended to us and we are doing our best to make the most of it. Today is not dramatically different from the hundreds of preceding days during which we have worked to make GM a company our country can be proud of again,"said …
Last reply by Drew Dowdell, -
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Since it looks like you guys are a little behind on some of the things going on I wanted to give you a gift that keeps giving the more you look at it. This is part of a Holden ad declaring that they are here to stay. Well the deal is they are here to stay with other models shared with Chevy and possibly Buick/Opel. Take a gander at this photo and check out the Panamera like car at the top, Could this be the Buick Alpha Mark spoke of? The photo's posted on the side wall two with Code R like Grilles with the Holden bar. Also several on the desk. Note too the coupe. Could this be a Camaro/Monaro Alpha? Then look at the studio behind him and you will see a car we have not…
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As we reported a couple weeks ago, General Motors has decided to pull Chevrolet from Europe to give Opel and Vauxhall some breathing room. But with this pullout comes a problem for GM in South Korea. The continent produced most of the Chevrolet models for Europe. With Chevrolet saying pulling out in late 2015, production volume is expected to drop 20 percent. This has GM thinking about cutting jobs. Reuters reports that GM Korea is planning to launch a "voluntary retirement" the 6,000 salaried workers by March. A spokesperson says this is the fourth round of job cuts since 2009. GM Korea CEO Sergio Rocha says that no production jobs will be cut. "Workloads are too light…
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William Maley Staff Writer - CheersandGears.com December 10, 2013 January 15, 2014 will be an important day at General Motors. Current CEO Dan Akerson will retire and Mary Barra, the executive vice president for global product development, purchasing, and supply chain will become the company's CEO. This announcement just comes a day after the U.S. Treasury said it had sold all of its shares in GM. Akerson planned to stepped down from the automaker sometime in 2014, but pulled ahead his succession plan after finding out his wife was diagnosed with an advanced stage of cancer. “I will leave with great satisfaction in what we have accomplished, great optimism over what …
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http://www.dailytech.com/GM+Will+Offer+Internet+Access+in+Most+2015+Year+Model+Vehicles/article33737.htm Uh, is this really a good idea?
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William Maley Staff Writer - CheersandGears.com November 14, 2013 General Motors' current CEO, Dan Akerson, could be stepping down as early as next year, according to a report from Reuters. Sources tells Reuters that Akerson hasn't formally notified GM's board of directors of any plan to step down, but could come to fruition some next year. "I assume at some point he (Akerson) will decide he has done what he has wanted to do and will step down, but no one has a date for that," said a source. Now the board has a succession plan in place if Akerson makes a decision to step down. But according to sources, the board hasn't set a timeframe to begin a search for a new CEO…
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William Maley Staff Writer - CheersandGears.com November 8, 2013 Forbes had the chance to talk with General Motors' North American president Mark Reuss this week. Reuss talked about key gaps that he sees in GM's lineup and what could be done to fill them. We'll start with the Chevrolet Cruze. Since going on sale in the U.S., a lot of us have been wondering why there isn't a hatchback version. Especially considering the number of compact hatchbacks that are on sale has been growing and that Chevrolet sells a Cruze hatchback in Europe. Reuss said “That was a pre-bankruptcy planning mistake.” Even without the hatchback, the Cruze has been doing quite well, with 211,862 …
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William Maley Staff Writer - CheersandGears.com November 5, 2013 October was a very good month for GM's pickup lineup. With the new Chevrolet Silverado and GMC Sierra in the mix, GM was able to move 59,163 trucks this past month. Still that wasn't quite enough to beat the Ford F-Series which sold 63,803 units in the same timeframe. Part of the reason is that Ford has been laying on the incentives as a way to keep sales up. But Kurt McNeil, GM’s chief sales analyst tells Wards Auto there is another reason at play. “We are still over-weighted toward crew-cab and V-8 trucks. Our light-duty (pickup) mix will moderate over time as our launch progresses,” said McNeil. GM d…
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"Lots of people–including President Obama–have trumpeted their role in the success of the government-backed turnaround plan that saved General Motors, the most important industrial company in the history of the United States. But on the fifth anniversary of the crisis, Forbes presents an exclusive, unprecedented look at what really happened during GM’s darkest days, how a tiny band of corporate outsiders and turnaround experts convened in Detroit and hatched a radical plan that ultimately set the foundation for the salvation of the company. Author Jay Alix, one of the most respected experts on corporate bankruptcy in America, was the architect of that plan, and now, f…
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William Maley Staff Writer - CheersandGears.com October 31, 2013 More and more vehicles are coming equipped with elaborate infotainment systems that can do pretty much everything from giving directions to playing music off your phone. But these systems aren't always user friendly. A number of OEMs saw their ratings drop in Consumer Report's Auto Reliability survey because of their infotainment systems. General Motors wants to change that and is asking their 4,300 dealers about adding a customer Connection Center, a place where consumers can learn more and ask about in-vehicle technology and infotainment systems. GM spokesman Klaus-Peter Martin tells The Detroit News …
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William Maley Staff Writer - CheersandGears.com October 27, 2013 General Motors' rollout of their new pickups has hit a few bumps. There was story that GM was cutting back on orders of pickups equipped with the 5.3L V8 due to supplier issues and the concern of dealers not being able to move as many trucks because of GM's decision to not pile on incentives. Well here's another bump in the road. Automotive News is reporting that GM has cut back production on regular and double cab version of the trucks due to a supplier issue. GM's plant in Fort Wayne, Indiana has cut production from 1,500 trucks a day to 1,300 due to a supplier not being able to deliver enough axles. …
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William Maley Staff Writer - CheersandGears.com October 23, 2013 The alliance between General Motors and PSA Peugeot Citroen was supposed to help out the two companies with number of new vehicles and powertrains, and lower costs. But since the alliance was announced last year, it has been fraught with disappointment. Now it appears the alliance is scaling back a bit. According to Automotive News, the two companies are slimming down the alliance as the two companies pursue other ways to reverse losses. Part of this slim down is due to the planned joint platform for subcompact cars was nixed. This platform was the heart of the alliance. "Further analysis showed that th…
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William Maley Staff Writer - CheersandGears.com October 22, 2013 Last week, General Motors announced they would be raising the prices on the new Chevrolet Silverado and GMC Sierra by as much as $1,500. This week, dealers are giving the company a piece of their mind with this decision. They say sales of the two trucks are getting beaten up by discounts and rebates being offered by Ford and Ram to clear out their stock of 2013 models. "We all know that it's a great truck. But [GM's] position is that the vehicle stands on its own and it doesn't need a bigger rebate. That's not what the market is telling us," said W. Carroll Smith, president of Monument Chevrolet in Pasa…
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William Maley Staff Writer - CheersandGears.com October 15, 2013 When General Motors introduced their next-generation full-size SUVs last month, some people were expecting some major changes to the powertrains. What was introduced were the next-generation of V8 engines and that was really about it. However, GM's chief engineer for trucks says changes are coming. "We've got some interesting powertrain technologies coming on the SUVs over the next few years," said GM's executive chief engineer for trucks, Jeff Luke. For example, Luke hinted that the Escalade's current six-speed automatic will give way to a higher-geared transmission in the future. Under consideration …
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William Maley Staff Writer - CheersandGears.com October 1, 2013 2013 has been the year of the pickup truck with sales reaching levels that haven't been seen since the recession. If you're a truck manufacturer, the last thing you want to have happen is a hiccup when you're launching a new pickup. Unfortunately that is happening with General Motors. According to Bloomberg, General Motors is facing a shortage of the 5.3L V8 for the Chevrolet Silverado and GMC Sierra due to a unnamed supplier not being able to keep up with demand. This is causing GM to restrict the number of V8 pickups that Chevrolet and GMC dealers can order. Now General Motors is saying this is a tempo…
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William Maley Staff Writer - CheersandGears.com September 19, 2013 It seems diesel mania is hitting truck manufacturers. Ram has the 1500 with a diesel option; Nissan has announced a diesel V8 for the next-generation Titan; and Toyota is considering whether to do a diesel option for the Tundra. Now a new report says General Motors is ready to join the diesel fray in half-tons if it proves to be popular. According to AutoGuide, GM can use the same 3.0L Diesel V6 found in Ram 1500. This is due to GM owning a part of the engine builder of the 3.0L Diesel V6, VM Motori. Also, General Motors commissioned VM Motori to build this engine for the European market CTS a few year…
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Article link: GMC News Chevrolet News I believe I am now putting my 2014 Sierra purchasing plans on hold until I can check out the 2015 Canyon further
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William Maley Staff Writer - CheersandGears.com September 23, 2013 General Motors is considering whether or not to do off-road-focused versions of their next-generation full-size SUVs. "We are looking at, for this generation, a more off-road variant," said Jeff Luke, GM's executive chief engineer for trucks. Luke explains that off-road capability is a major reason why buyers go to full-size SUVs and not crossovers. Owners "just love off-roading with these vehicles. They look at this vehicle as more off-road capable" than crossovers, said Luke. GM sold a Z71 off-road package for their current-generation of full-size SUVs. The package added stronger shocks, larger wh…
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September 26th, 2013 Drew Dowdell Managing Editor - CheersandGears.com Patent Drawings published on September 19th reveal that General Motors has filed a patent for a 7-Speed Dual Clutch Transmission. While there has been talk about a conventional GM 8-Speed automatic for a while, a 7-Speed DCT could give GM an upmarket transmission to offer in premium products from Cadillac or the Chevrolet Corvette. At the moment, the 2014 Corvette Stingray will be shipping with a 6-speed auto when the buyer opts not to row his own, leading us to believe that this 7-Speed DCT could be offered in the Corvette in the future. We also speculate that with a couple of V-series Cadillacs …
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William Maley Staff Writer - CheersandGears.com September 23, 2013 Tesla has apparently gotten under the skin of General Motors' CEO Dan Akerson. As we reported back in July, Akerson created a group to study Tesla and how it could effect the company. Now, Akerson wants to take on Tesla with Cadillac. “If you want to compete head-to-head with Tesla, and we ultimately will, you want to do it with a Cadillac,” Akerson said to The Detroit News. Akerson went on to indicate that he would like to compete with Tesla Model S directly. “But I do think when the (Cadillac) ELR comes out late this year, early next — it’s certainly in the same postal code as Tesla, but now we’re …
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William Maley Staff Writer - CheersandGears.com September 17, 2013 It's no secret that General Motors has been keeping a very close eye on Tesla. Back in July, we reported that CEO Dan Akerson created a group to study Tesla and how it could effect GM. Now it seems GM wants to take Tesla on. According to the Reuters and the Wall Street Journal, General Motors is working on a electric vehicle with a 200 Mile range and a pricetag of $30,000. This information came from GM's vice president of global product programs, Doug Parks. This comes on the heels on Tesla's founder and chief executive Elon Musk announcing a compact electric sedan known internally as Gen 3 due in 2016…
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William Maley Staff Writer - CheersandGears.com September 12, 2013 General Motors has unveiled today its next-generation of full-size SUVs, including the 2015 Chevy Tahoe, Suburban, and the GMC Yukon, Yukon XL, and Yukon Denali. Much like the Silverado and Sierra, the Chevrolet and GMC SUVs have different styling on the front ends with different front clips and headlights. From the A-Pillar back, the SUVs are the same with inlaid doors that tuck into the door sills to provide better aero and refinement. General Motors also used aluminum for the hood and tailgate to help reduce weight. Inside, the SUVs get massive changes. The second and third-row seats now fold flat…
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Go here to view photos of the recently revealed 2015 GMC Yukon Denali and GMC Yukon XL SLT. Go here to view photos of the recently revealed 2015 Chevrolet Tahoe and Suburban. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - In my opinion, the Chevy loses the beauty contest this go-round and the GMC takes the prize.
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I got this book last week and have read some jumping around in it but still have some chapters to go. As with his two first books he is pretty straight forward and honest with his feelings and calls here. Like stated it is not a hatchet job as he tells the good and bad on each just as he as done on himself in past books. I would recommend this book as it gives some in site not seen with some of the auto company players and the games played behind closed doors. It is a good reminder that things are not so cut and dry or as simple as we like to think here on the web. Personalities play a big roll in management and some of these folks hide it well or you just never see wha…
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William Maley Staff Writer - CheersandGears.com August 5, 2013 Some surprising news coming from General Motors today. The Detroit Free Press reports that Cadillac's vice president of global strategic development, Don Butler resigned his post today. In a email, Butler explained that his departure is “a personal decision.” “As I've told others, I just need to take a step back to recalibrate, reassess my priorities. I know it’s time for a change but I don't know what’s next. I'm trusting that God will provide,” Butler went onto to say. Butler's exit comes at at an inopportune time for GM as it tries to capitalize on the recent success of Cadillac in the U.S. by expandin…
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William Maley Staff Writer - CheersandGears.com July 30, 2013 In India, General Motors hasn't issued a recall since 1995. That trend ended this past week as GM announced the recall of 114,000 Chevrolet Tavera utility vehicles built from 2005 to 2013 and are equipped with the 2.5L and 2.0L engines. The reason? According to India's Economic Times via Automotive News, GM employees deliberately fudged emission inspections to meet the standards. "Over a period of time some employees of the company engaged in the practice of identifying engines with lower emission which were fine-tuned and kept aside to be used for installation on vehicles during inspection," said GM in a …
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G. David Felt Staff Writer Alternative Energy - CheersandGears.com 2014 GM Fleet Roll Out When I first got my invitation to attend the 2014 GM Fleet roll out I asked myself, besides traditional fleet purchasing and fleet options including the new Crew Cab CNG truck and police Caprice, what could really be worth my time of spending a day at this function? Boy was I glad I went as this is what I call a NEW GM FLEET! Let’s start with the fact that GM has reorganized the way they do fleet sales and their approach to fleets. GM is focusing on a being a partner to solve fleet problems and not just an auto supplier. They are taking the approach of “Our Company Success …
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William Maley Staff Writer - CheersandGears.com July 22, 2013 Electric automaker Tesla has been a tour-de-force over the past year. Sales of the Model S have exceeded expectations; profits are though the roof; the company has been implementing free charging stations across the U.S. for owners and other things. These success have caught the attention of General Motors. More specially, GM CEO Dan Akerson. According to Bloomberg, Akerson has created a small team to study Tesla and how it could affect the company. “He thinks Tesla could be a big disrupter if we’re not careful. History is littered with big companies that ignored innovation that was coming their way becau…
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William Maley Staff Writer - CheersandGears.com July 11, 2013 A new report from Reuters cites France's La Tribune story that General Motors is in talks with PSA Peugeot-Citroën about possibly selling vans in the United States. The report doesn't say which vans are in consideration, only saying that van would be sold under ofne of GM's brand, most likely Chevrolet. This news doesn't come as a surprise. GM currently has some of the oldest full-size vans on the marketplace and with fresh models coming in from Europe, GM could use all the help they can get. Also, GM recently struck a deal with Nissan to sell the NV200 as the Chevrolet City Express. Source: Reuters Willi…
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William Maley Staff Writer - CheersandGears.com June 18, 2013 In a effort to help out its struggling European operations, General Motors will further intertwine Opel/Vauxhall engineering efforts with Buick. "What we're trying to do is bring together the product development teams much more closely," said GM CEO Dan Akerson, so that "there will be all sorts of synergies, I believe, between Opel-Vauxhall and Buick." Currently, Buick sells three different Opel models in the U.S.: Encore (Opel Mokka), Regal (Opel Insignia), and Verano (Opel Astra). So what will this mean in the future? Well, expect more Opel products to arrive as Buicks in the coming years. Source: Au…
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By William Maley Staff Writer - CheersandGears.com April 30, 2013 General Motors is hoping to reverse a trend of losing market share by introducing new models over the next few years. Since 2002, GM has seen its market share decline at a steady rate, losing 10.5% in that time. This is due to competitors such as Chrysler and Japanese automakers roaring back in sales. GM believes a onslaught of new products can help them claw back some market share. The Detroit News reports that 70% of GM's product portfolio will be refreshed by the end of this year. That will climb to 89% by 2016. "The oldest car will be the (Chevrolet) Cruze and the (Buick) Verano, very shortly. So …
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By William Maley Staff Writer - CheersandGears.com April 4, 2013 General Motors announced today a new investment of $331.8 million in four manufacturing sites to produce more fuel-efficient engines and transmissions. GM said in a press release today that some parts of the investment will help prepare its factories to produce a new eight-speed automatic transmission and increase capacity for an existing six-speed gearbox. Other parts will go towards support the production of a new V6 engine (no details given in the release) and a new EcoTec engine that will be part of a new family of 3- and 4-cylinder variants with displacements ranging from 1.0 to 1.5 liters.. Here i…
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Interesting...I used to work in the area this is going be built.. http://www.bizjournals.com/phoenix/news/2013/03/06/gm-to-hire-1000-for-high-tech.html?page=all
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By William Maley Staff Writer - CheersandGears.com April 10, 2013 Its nice whenever spy shots show a group vehicles undergoing some testing. Its even better when the group has the all the different models in one group. Case in point, Automobile Magazine has some new spy shots featuring the new 2015 GM full-size SUV lineup. The test mules in the pictures look to be wearing the production-ready bodies. The differences between the mules are dependent on the headlights and grilles. The Escalade is wearing a set of vertical LED running lights both in the lower front fascia and headlights and a an exposed “waterfall” mesh grille. The Yukon has a set of LEDs in the headlig…
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By William Maley Staff Writer - CheersandGears.com March 20, 2013 Edmunds has learned from industry sources that General Motors is considering a three-cylinder engine for the Cadillac ELR and Chevrolet Volt. The reason for the three-cylinder is to help reduce fuel consumption and vehicle weight, something CEO Dan Akerson mentioned during a speech at a Houston energy conference a couple weeks ago. The proposed idea would have the 1.4L four-cylinder that is used in the Volt and ELR to be replaced by either a 1.0 or 1.2L three-cylinder engine that is currently being developed by GM and its partners in China. If given the green light, the engine would appear in the Volt r…
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By William Maley Staff Writer - CheersandGears.com March 7, 2013 General Motors CEO Dan Akerson made some ambitious announcements at a energy conference in Houston, TX on Wednesday. For starters, Akerson said General Motors has a goal of reducing vehicle weight by 15% by 2016. This will be accomplished by using lightweight materials like aluminum, carbon fiber, and magnesium. Akerson says the move to lightweight materials could improve fuel economy by more than 6.5%. Akerson also said the company is working on two electric vehicles; one that comes with a 100 Mile range and another vehicle with a 200 Mile range. "There will be breakthroughs in battery technology, the…
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By William Maley Staff Writer - CheersandGears.com February 28, 2013 Before the Chevrolet Volt was launched, General Motor executives were making some very bold claims on production numbers, throwing numbers like 60,000 or 45,000 Volts a year. Since going into production, GM has sold 7,671 Volts in 2011 and 23,461 in 2012. Combine the Opel and Vauxhall Ampera and then you're looking around 30,000 plug-in vehicles. Now for 2013, General Motors looks to be boosting their production number, albeit more realistic. Bloomberg reports that General Motors is planning to boost production of their plug-in vehicles to 36,000, a 20% increase. This information comes from two sourc…
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Here are some notes of what I found at the auto show this year. the Cadillac line was placed in and with Benz, BMW, Porsche and Audi. It was removed from all the other GM products. T The ATS and XTC were generating a lot of interest at the display. The Buick display was near empty less for the Encore. The Encore had many older buyers looking. As for the Encore it was the first time I was in it. It is a very nice car if you do not want a large ready cargo area. you can configure it to carry things but you had best be alone. It has a similar feel inside of my HHR less the cargo area and the much better interior. The GMC display was busy with the Acadia. They did have a…
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http://beforeitsnews.com/motor-junkies/2013/02/morgan-stanley-auto-product-guidebook-reveals-gm-future-product-onslaught-2459254.html Rumors of new product: 2013 - Buick Verano Hatchback 2013 - Chevy Orlando 2014 - Redesigned Caddy SRX 2014 - Possibly a Chevy Trax (small SUV) 2015 - Possibly a Caddy Fleetwood as a Ciel/S-Class fighter 2015 - Volt CUV Take it for what you will.. I just stumbled across it and am passing it on/floating it in case someone knows more and would care to share..
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By William Maley Staff Writer - CheersandGears.com February 9, 2013 Holden has pulled back the curtain for the new VF Commodore this morning in Australia. The VF Commodore according to Holden "the most technologically-advanced car ever created in Australia". This is an important car for Holden since sales of the Commodore and other big sedans in Australia have been on the decline. The VF Commodore retires the “geometrical” design theme used on the VE Commodore and uses the “scultptural” design theme. Up front, the VF Commodore has a higher, wider front grille, subtle central power bulge, and a new lower bumper ornamentation. Stepping around to the back, the VF Commodo…
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William Maley Staff Writer - CheersandGears.com December 27, 2012 In the past few generation of its full-size SUVs, General Motors used pretty much the same interior design across all brands. That looks to be changing with the next-generation SUVs. “In the past we shared SUV and (pickup) truck interiors. That is not the case going forward,” said Chris Hilts, creative manager of interior design at General Motors to Car and Driver. Hilts cites two reasons for this change. One is that SUV owners want more refinement in their vehicles. Pickup owners want something a bit different. “We went to a lot of clinics. What we learned is that truck customers like their interior …
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William Maley Staff Writer - CheersandGears.com December 18, 2012 GM's full-size hybrid pickups, the Chevrolet Silverado Hybrid and GMC Sierra Hybrid have offered the best fuel economy in the class since being introduced in 2009. However, they haven't been a sales success as GM had expected. Last year, GM sold 3,114 Hybrid trucks and SUVs, from a high of 8,797 vehicles in 2009. Last week at the press introduction of the new Chevrolet Silverado and GMC Sierra, GM North America President Mark Reuss told GreenCarReports that a hybrid model isn't in the cards. “In this truck we decided to go with the EcoTec3 technology, with the V-6 and the two V-8s, and we think that's …
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William Maley Staff Writer - CheersandGears.com December 21, 2012 The folks at Camaro5.org got their hands on General Motors service document on decoding VIN number on 2014 model year vehicles for dealers and found some interesting information. First is the 2014 Camaro which features a listing of the 7.0L LS7 V8 engine from the current Corvette Z06 (505 horsepower and 470 lb-ft of torque). Speculation has it being for a new Camaro model, the rumored Z28 model. Next, the document references a LF3 engine which is noted as "ENGINE GAS, 6 CYL, 3.6L, SIDI, DOHC, VVT, ALUM, TWIN TURBO". In plain English, it could be the long rumored 3.6L twin-turbo V6. The document doesn't…
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William Maley Staff Writer - CheersandGears.com December 19, 2012 General Motors announced today that they will be buying back 200 million shares of stock from the U.S. Treasury. The buyback will cost GM about $27.50 per share - about $5.5 billion in total. GM says the $27.50 share price represents a 7.9% premium over the closing price on December 18. The share buyback is expected to close by the end of December. After this buyback, the Treasury will still hold close to 300 million shares of the automaker's stock – roughly equal to a 19% stake. Treasury officials say they will begin to sell off the rest of their shares as early as next month, "through various means a…
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William Maley Staff Writer - CheersandGears.com December 17, 2012 While GM showed off the new full-size trucks this past week, they are still busy working on the new full-size SUVs. GM North American President Mark Reuss told the Detroit Free Press that redesigned versions of the automaker's full-size SUVs - Chevrolet Tahoe, Suburban and GMC Yukon and Yukon XL will be arriving in 2014. Reuss didn't give an explanation as to why there is a delay to the full-size SUVs. While the popularity of SUVs have falter somewhat, they still represent a important part of GM's lineup. Reuss said that GM owns a 70% share of the SUV market. Source: Detroit Free Press William Maley…
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Lots of interesting ones over the last year or so. Here's a partial list: Nomad El Camino Riviera GNX Grand National LTS Electra Crossvolt Stingray Z28 Velite Turbo-Jet
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William Maley Staff Writer - CheersandGears.com November 16, 2012 General Motors CEO Dan Akerson told Opel employees this week that the company will not sell or "simply close up shop and leave". "As a global auto company, GM needs a strong design, engineering, manufacturing and sales presence in Europe. There's room for Chevrolet in Europe but Opel fulfills that role," Akerson said in a speech. "Recommendations that we 'cut and run' show you that some people simply do not see how important Opel is to our success." Opel and Vauxhall have been a big loser for General Motors with the brands posting losses for the past few quarters. The two are expected to post a loss b…
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William Maley Staff Writer - CheersandGears.com November 14, 2012 During an event in San Francisco, GM's product chief Mary Barra announced the company their green-car will focus on plug-in hybrids and electric vehicles. "A major focus for GM's electrification strategy will center on the plug," said Barra. She went onto say that plug-ins offer "a unique opportunity to change the way people commute.” GM's original strategy for green cars included the development of different powertrains, including hybrids. That plan has proven to be too expensive and not efficient. "We need to make educated bets on which technologies hold the most potential for creating values for ou…
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William Maley Staff Writer - CheersandGears.com November 14, 2012 The talks between General Motors and PSA-Peugeot/Citroën have come to halt. According to Reuters, the talks were stopped due to worsening finances and a government-backed bailout. As we have been reporting since February, General Motors and PSA have been in talks about expanding their alliance. Rumors have ranged from 50/50 deal, selling Opel to PSA, buying up PSA's auto division, and putting Citroën, Opel, and Peugeot into one new entity. Sources close to talks tell Reuters the talks have been off after Peugeot agreed to take a bailout from the French Government. Peugeot/Citroën are currently burning…
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William Maley Staff Writer - CheersandGears.com November 12, 2012 Motor Trend is reporting that General Motors and Aisin have come to an agreement dealing with transmissions. The report says General Motors is working on eight-speed transmissions for longitudinal (RWD/AWD) and transverse (FWD/AWD) applications. A source tells the magazine that the eight-speed transmissions for longitudinal applications aren't quite ready. The source goes onto say that General Motors have reached an agreement with Aisin to supply transmissions for one year. The transmissions would be likely used in the Cadillac ATS, and the upcoming Cadillac CTS and Chevrolet Corvette. Source: Motor T…
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William Maley Staff Writer - CheersandGears.com October 25, 2012 In a not surprising announcement yesterday, General Motors and PSA Peugeot-Citroen said they will be co-developing four new platforms that are part of the Global Strategic Alliance between the two. The platforms will primarily be for Opel/Vauxhall, Peugeot, and Citroën. Those four platforms are, A new low-emissions city car Midsize car (sedan, hatchback, and wagon) Small Multi-Purpose vehicle Joint program for compact MPV for Opel/Vauxhall and a compact CUV for Peugeot GM and PSA say the launch of the first models of this joint venture will happen in 2016. The two also announced the Global S…
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There's a lot of news floating around on the Internet the past two months about the upcoming 2014 GM full-size pickups and SUVs. GM is being very tight-lipped on these new offerings, having just shown them to dealership owners in Las Vegas and Milford. With such secrecy, there are lots of rumors and opinions on what these new trucks will look like, what options and features they will have, and will they truly be game changers in the truck marketplace. So I ask you to share with us what features and options you would like to see the new full-size offerings have. Doesn't matter if you're into trucks or not, at some point all of us either drive one or ride in one.
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William Maley Staff Writer - CheersandGears.com October 14, 2012 When General Motors and PSA/Peugeot-Citroen announced their alliance back in February, questions were brought up of what this deal would bring and if there was more this to the deal. This past week, French Newspaper La Tribune reports that the two companies have been in talks to possibly extend their partnership to a 50/50 deal, with General Motors adding more cash. Neither company commented when asked. Reuters has learned from one of their sources that the two companies has discussed "selling Opel to Peugeot, buying Peugeot's automotive business or putting them all together in a new entity." The firs…
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William Maley Staff Writer - CheersandGears.com September 18, 2012 Buick and GMC have announced to their dealers today that the two brands will collectively launch nine new or revised products over the next 12 months. Some of the products have already been shown. Those products include, Buick Enclave Buick Encore GMC Acadia Others have either been talked about and/or been caught in spy shots. Those vehicles are, 2014 Buick LaCrosse 2014 Buick Regal 2014 GMC Sierra 2014 GMC Sierra HD 2014 GMC Yukon 2014 GMC Yukon XL Dealers were also told that GMC Canyon would be returning. When the Canyon would be arriving wasn't talked about. “While we co…
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William Maley Staff Writer - CheersandGears.com September 4, 2012 There's a lot of questions dealing with Holden Commodore after 2017. The facelifted Commodore, the VF, will be debuting next year on the Zeta platform. But when 2017, Zeta will not be used at all. “Zeta is not a global platform for GM,” said Holden boss, Mike Devereux, during a tour of the Elizabeth production facility. Holden has confirmed that it will produce two new Australian-made cars based on two global platforms as part of a billion-dollar investment to guarantee building vehicles in Australia until 2022. The first vehicle will likely be the new Cruze which will be based on new platform which wi…
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William Maley Staff Writer - CheersandGears.com August 22, 2012 The dream of the Holden Ute coming to the states has made a resurgence when General Motors announced the Holden Commodore would be coming as the Chevrolet SS. Well, I hate to be the bearer of bad news to the small group who cling onto this dream, but the Ute will not be coming. A report from the Herald Sun states that if Holden was to export the Ute to the U.S., the vehicle would fall under a light commercial tariff rate of 35%, three times higher than the tariff for passenger vehicles. "We were hopeful at one stage, we thought we might be able to duck in under it, but it was ruled out. With the dollar w…
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William Maley Staff Writer - CheersandGears.com August 2, 2012 General Motors released their second quarter earnings report and the results are a bit disappointing. The company posted a net income of $1.5 billion and a revenue of $37.6 billion. Those numbers are significantly down from the same figures in the second quarter of 2011, when GM posted a net income of $2.5 billion and a revenue of $39.4 billion. That's a drop of 40% in income and a 4.6% drop in revenue. This announcement comes a day after GM released their sales results for July, which saw sales drop by 6% compared to 2011 sales. Part of the decline was due to declining fleet and rental sales. The other pa…
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William Maley Staff Writer - CheersandGears.com August 12, 2012 General Motors CEO Dan Akerson is not happy with the media this past week. During the company’s Thursday employee meeting, Akerson criticized leaks to news media. "We have to stop leaking in this company. It's an act of treason — it really is," Akerson said. Akerson used the Ewanick departure as an example. As we reported last week, Ewanick was thrown out of GM due to internal frictions and failure to disclose the full $559 million cost of a soccer deal. This information was gotten by Bloomberg News after a source told them about what had happen. It was almost verbatim what happened. That is unfair to a…
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