Tag Archives: general motors

GM Q3 Earnings of $1.7 Billion, Most from North America

Virtually all of the Q3 earnings came from North America – $2.2 billion, where Japanese competitors were largely out of the market during the period because of the Japan earthquake, which allowed GM to increase prices. GM Europe lost money; GM South America broke even; and International Operations – home of the booming China market – made $400 million. Continue reading

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Chevrolet and Nissan Succeed with Plug-in Hybrids and EVs as the Business of Plugging In Shows First Product Results

Success is the verdict about one year after the Chevrolet Volt plug-in hybrid and Nissan Leaf EV (electric vehicle) both went on sale, it was revealed last week at the third annual Business of Plugging In Conference in Michigan. And with Cadillac, Ford, Toyota about to introduce the their own plug-in hybrids, and a pure EV version of the tiny Chevrolet Spark coming in 2013, the small niche of electric cars has the chance to grow some more. Continue reading

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Chevrolet to Produce Spark EV All-Electric Vehicle

Chevrolet today announced it will produce an all-electric version of the Chevrolet Spark mini-car – the Spark EV. It will be sold in limited quantities in some U.S. and global markets starting in 2013 in California. The company needs to the CAFE credits from an EV in order to meet impending fuel economy requirements in the U.S. Continue reading

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Ford and General Motors Now Exploring Car Sharing Deals

The two major social benefits of car sharing are said to be fewer vehicles on the road and lower emissions. Frost & Sullivan estimates that, on average, each shared vehicle replaced 15 personally owned vehicles in 2009, and car sharing members drove 31% less than when they owned a personal vehicle. Continue reading

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S&P Raises General Motors to Highest Junk Grade – BB+

The upgrade came one day after the GM’s 49,500 UAW employees ratified a new four-year contract that will not raise GM’s labor costs, and will provide bonuses based on profitability instead of automatic pay raises. GM at this time appears to have the lowest labor costs among the Detroit Three since both Ford Motor and Chrysler UAW contracts are unresolved. It’s ironic that it took a Democratic President to curb the union – in essence breaking it – under the forced bankruptcy reorganization of GM, which included a no strike clause. Continue reading

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General Motors and LG to Jointly Develop Electric Vehicles

The high cost of developing new technologies to meet increasingly stringent CO2 and fuel economy regulations prompted the deal. Earlier this week Ford Motor and Toyota announced a collaboration on new hybrid trucks. Continue reading

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Stanley Cup of Fuel Economy? Canada vs U.S. in EcoCar2

The competition employs Canadian engineering students, together with 13 U.S. university teams, to explore ways to reduce the environmental impact of vehicles without “compromising” performance, safety and consumer acceptability. Continue reading

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Ten Honda Plants in North America Achieve Zero Landfill Waste

While all automakers have environmental initiatives well under way, Honda and GM appear to have the most sweeping company-wide programs in place. Continue reading

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General Motors Invests in a Small Maker of Electric Buses

Fledgling Proterra makes prototype battery electric buses that are averaging up to 24 mpg (diesel equivalent) in service, in what’s claimed to be a more than 600% improvement over a typical diesel engine bus. Continue reading

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Chrysler Pays Back Taxpayers. Fiat Now Firmly in Control

The historic bailout differs this time around in what’s left and more importantly who owns it – along with the familiar, nagging question, can Chrysler make it? The new Chrysler Group is now firmly, irrevocably in the hands of Fiat, an Italian multinational firm, which has a global fight in front if it as it too competes to survive in an automobile business dominated by much stronger competitors. Continue reading

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GM to Invest $2 Billion in U.S. Plants, Depending on Tax Breaks

Critics, of course, say the cost per job – when you total all the loans and tax breaks – is exorbitant, especially since what is mostly going on these days is the retention of existing jobs long after jobs move South to non-union transplants. Continue reading

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Ex General Motors Chairman Bob Stempel Dead at 77

Stempel was an engineer by training with an analytical, easy going disposition who was accessible to the media. On many occasions I listened as he patiently explained complex manufacturing and development processes that he was instituting first as president of GM during the late 1980s, then as chairman. All to little apparent good effect, and far too slow in producing results for the Board of Directors. Continue reading

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Chevrolet Sells 1.1 Million Vehicles in Record 2011 Q1

The latest Chevrolet expansion bodes ill for the future of Opel/Vauxhall. These old world brands, steeped in history and baggage, will increasingly be relegated to regional European labels – until they can be rationalized – someday – under the Chevrolet Bow Tie. Continue reading

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GM India Hires Scabs to Break Chevrolet Cruze Plant Strike

The General Motors India strike by the Gujurat Kamdar Mandal union is reminiscent of UAW sit down strikes during 1936-37 in Michigan, which led to recognition of the Union and the right to collective bargaining by the world’s largest automaker. Thus far Solidarity House, the UAW’s international headquarters in Detroit has remained silent on the GKM strike, and refused multiple requests for comment. General Motors in the U.S. simply says it is working with local groups in India. Continue reading

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General Motors Announces EcoCar2 at SAE World Congress

In a sign of how the U.S. no longer occupies the predominate position it once held in automotive engineering, LG Chem ,a Korean company that supplies the lithium-ion cells used in the Chevrolet Volt, will be event’s tier one strategic partner. Continue reading

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