General Motors is getting pickier about where it does business and the products it sells. Could that also translate to where it will build its products in the future?
In a recent piece from Automotive News’ Mike Colias, the trade publication paints a bleak picture for one of General Motors’ longest running nameplates. The subject was Impala and the question was whether the car named after an African antelope, while well received by the automotive press, could survive the guillotine in a market that increasingly prefers crossovers and SUVs over sedans.
“We have a broad portfolio. But how are we going to look at what are the right vehicles to put in the marketplace? We’ll look at what makes sense and what will generate a return,” General Motors CEO Mary Barra told Automotive News earlier this month.
Naturally, Colias brought up Impala, and the reply stopped short of commitment to the car and the segment.
General Motors announced Wednesday that third quarter, adjusted profit for the company was $3.1 billion, led by truck sales in North America and car sales in China. The net revenue was down $500 million from the same period last year, which GM says is due to currency fluctuations, but the automaker’s profits were decidedly higher.
Automotive News reported that the profit margin was the largest for GM since its 2009 bankruptcy, even after its $1.5 billion charge to settle claims related to its defective ignition switch that resulted in 124 deaths.
The automaker posted an 11.8 percent profit margin — also its largest since 2009 — and said it would end the year above 10 percent. (Read More…)
There was a time when the word ‘cockroach’ was the best way to describe any old Chevy compact.
Ah, the General Motors X-body cars! Always good for some anecdotes from readers about rust-through on two-year-old cars, amazing quantities of warranty repairs, and Stuka-dive-style depreciation graphs. After the Citation, the Chevy Corsica seemed like a fine automobile.
So far in this series, we’ve seen this ’80 Skylark, this ’81 Citation, this ’81 Citation, this frighteningly rusty ’81 Citation, this ’82 Citation, this ’82 Citation, this ’83 Citation, and this ’84 Omega, and (because I just can’t resist shooting these things when I see them, no doubt because I believe this ’84 X-body Pontiac to be rivaled only by this 1986 Plymouth Reliant wagon for the dubious prize of Worst Car I’ve Ever Driven), this late-production ’84 Citation II. (Read More…)
After starting in Barrow, the northernmost settlement in the United States, our second stop takes us 200 miles (320 km) south east to Prudhoe Bay, again on the Arctic Ocean.
The diesel versions of the Chevrolet Colorado/GMC Canyon will be the first to undergo increased scrutiny from the Environmental Protection Agency after the recent Volkswagen scandal turned emissions reporting on its head.
According to Automotive News, a spokesman for GM said the testing could slightly delay the truck’s fourth-quarter release.
“The EPA and CARB told us they are going to do on-road testing,” Chevrolet Trucks assistant chief engineer Scott Yackley told Automotive News.
We saw a 1990 Cavalier Z24 just a few months ago, but lately I’ve developed a sick fascination with the allegedly high-performance versions of the very popular Chevrolet Cavalier. Maybe it’s the wretchedness of the breed in the 24 Hours of LeMons, or maybe it’s the vivid purple paint job. Whatever the reason, here’s another ’90 that I found in a Denver-area yard not long ago. (Read More…)
Last Wednesday morning, I received an email about an upcoming event in Portland, Ore. held by classic car insurer Hagerty. Fifty teens and young adults between the ages of 15 and 25 would get to drive a handful of classic and vintage cars and trucks around a marked course. All of the vehicles available would have one thing in common: a manual transmission.
Furthermore, I, too, could participate in learning the art of the manual transmission, having acquired my permit the day before the press release entered my inbox.
All I had to do was head down to Portland Meadows — where thoroughbreds are the dominant form of horsepower between October and February — on Saturday.
Fully three-quarters of you who took our “Ralph Nader, Angel or Demon” poll voted to give ol’ Ralph a halo instead of a pitchfork, so we don’t need to explain how his book wasn’t really the cause of the Corvair‘s plummeting sales after the initial burst of enthusiasm following the car’s release. No, most likely it was that more traditional Chevy II that did that, but the case can be made that The General kept on building Corvairs all the way into 1969 as a way of proving that Ralph Nader can’t push around (what was then) the Most Powerful Corporation In the World. In 1968, only about 15,000 Corvairs were sold, which makes this rusty Denver example fairly uncommon. (Read More…)
Like art cars, vehicles that have been turned into team-color-painted, sticker-bedecked sports-team fanmobiles tend to spend their lives just one minor mechanical problem away from that final tow-truck ride. This “whale” Caprice was, we can assume, the life of the tailgate party at freezing-ass Candlestick Park and maybe that new stadium that’s nowhere near San Francisco. (Read More…)