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A $290 million investment in General Motors’ Bowling Green, Kentuky Corvette plant could herald the arrival of a long-rumored beast.
The cash infusion, announced today by GM and reported by Automotive News, is meant for assembly upgrades and modifications, though it also supercharges speculation that a mid-engine Corvette is finally on the way. Read More >
General Motors’ Oshawa, Ontario assembly plant is bleeding vehicles and in danger of closing, but the city and its workers aren’t going down without a fight.
GM employees, their union, and local government representatives want a new mandate to produce vehicles beyond 2017, invoking images of Flint, Michigan in their battle with the automaker. The recent announcement of 700 new provincewide engineering jobs doesn’t cut it, they say.
To them, GM’s silence reeks of an exit strategy.
Read More >
A major automotive supplier plans to build a production facility in the Detroit area and make it the base for its U.S. operations.
Tremec Corp., best known for its high-performance transmissions, plans to invest $54 million in a multi-purpose facility in Wixom, Michigan, according to Crain’s Detroit Business. Besides production of transmissions and powertrain components, the facility will host Tremec’s sales and technical operations, and serve as its American headquarters. Read More >
Last week’s General Motors announcement in Oshawa, Ontario felt like an olive branch being extended to the worried community, but workers and the city itself are now asking for the full meal.
The threatened Oshawa Car Assembly plant has no mandate to produce vehicles beyond 2017, and the announcement of 700 high-tech engineering jobs scattered around southern Ontario (and some in the north) didn’t do anything to calm fears of its impending closure. Read More >
A vehicle that hasn’t changed in years won’t get a price change for 2017, which shouldn’t impact sales figures that also haven’t changed in years.
Got that? Nissan just released details on the 2017 370Z, and you have to dig deep before finding anything that’s new on the automaker’s rear-drive sport coupe. Read More >
Despite Pope Francis giving the model a thumbs up, sales of the ungainly looking Fiat 500L continue their downward slide, with the automaker announcing it will cut one of three shifts at its Serbian factory.
The cuts made at Fiat Chrysler Automobiles’ assembly plant in Kragujevac, Serbia amount to nearly 30 percent of Fiat Serbia’s workforce, according to Reuters (via Automotive News Europe). When all three lines were running, the plant employed 3,100 people.
Blame the Fiat 500L’s sinking European fortunes and failure to catch on in the U.S. Read More >
Two years after it issued, and then cancelled, a request for government assistance, Fiat Chrysler Automobiles finally received some cash to help pay for its Windsor Assembly Plant upgrade.
The province of Ontario handed FCA $85.8 million ($66.5 million U.S.) today to help cover some of the cost of retooling the facility to handle production of the 2017 Chrysler Pacifica minivan. Some of the cash went to the research and development facility FCA operates jointly with the University of Windsor. Read More >
With its expansion dreams fading fast in the rear-view, Volkswagen needs to shrink and streamline its operations in a hurry, meaning unwanted brands could soon be priced to sell in its driveway.
According to Bloomberg, the automaker plans to conduct a wide-ranging strategy and portfolio review, with details of the strategy expected to go public tomorrow. An asset sale could be in the works, and insiders are already hinting at which brands will be dropped. Read More >
The stuck cork that was the Model X has finally cleared its supply hurdles, causing Tesla production to hit a new high at the automaker’s Fremont, California factory.
With assembly of that model speeded up, Tesla recently hit a production rate of 2,000 vehicle per week, a knowledgeable source told Electrek — a figure that’s still way off the company’s goal of building half a million units per year within the next 18 months or so. Read More >
It’s been a long wait since Henrik Fisker’s brainchild floated — bloated and belly-first — to the surface of the automotive pool, but we’re told a new plug-in hybrid statusmobile is on the way. That means new jobs coming to the Detroit area for as long as Henrik can keep the money rolling.
Last week, the Michigan Economic Development Corporation pledged $450,000 in funding so that Karma Automotive LLC — formerly Fisker Automotive — can build an engineering and purchasing building in Troy. The city plans to offer additional funds to see the $3.6 million project get off the ground, where the reborn company plans to employ up to 150 people. Read More >