General Motors will invest $5 billion to build a global line of cars with Shanghai-based SAIC Motors that will be sold in Brazil, China and other emerging markets, the automaker announced Tuesday.
The cars won’t be sold in the United States, according to the statement.
The global vehicles will go on sale starting in 2019 and the automaker expects the line to eventually produce roughly 2 million cars annually.
Ontario’s debt is swelling and as home to eight manufacturing plants — the largest complex in North America — automakers may have a tough time keeping plants open in Canada’s most-populous province.
According to a story by the Financial Post, Ontario is moving forward with an ambitious plan to revamp roads and mass transit systems despite its debt being downgraded by Standard & Poor’s bond index. The broad public spending plan also extends to other sectors, despite high unemployment numbers and slumping manufacturing jobs.
Automakers such as Fiat Chrysler Automobiles have called on the provincial government to cut back on public programs and reduce costs on utilities in an effort to keep car building in the province profitable. This year, Chevrolet will shift production of its Camaro to Michigan. On the whole, Oshawa GM production has a dark cloud lingering overhead until the company decides what to do with the facility in 2016.
General Motors has opened a 52-acre testing ground for safety features and self-driving car technology at its Milford Proving Ground facility, the Detroit News is reporting.
The site includes areas for pedestrian safety, highway testing and 16 acres for autonomous vehicle testing. The $14,000,000 facility is already being used for some testing.
The facility opens as the automaker is still under fire for failing to recall millions of cars with faulty ignition systems, which is being investigated by federal and state officials.
As General Motors prepares to carve out space in between their best-selling utility vehicle, the Equinox, and their large three-row crossover, the Traverse, Ford reports significant improvement with the launch of their second-generation tweener crossover.
U.S. sales of the Ford Edge jumped 44 percent to 40,083 units in the second-quarter of 2015. The May 2015 total of 14,399 units was the best May ever for the Edge, which slots in between the Escape, one of America’s best-selling utility vehicles, and rubs up alongside the longer, three-row Explorer. (Read More…)
General Motors disclosed in its quarterly Securities and Exchange Commission filing Thursday that the Federal Trade Commission is investigating the automaker for selling used cars under recall, the Detroit News is reporting.
According to the automaker, the FTC notified GM that it was investigating “certified pre-owned vehicle advertising where dealers had certified vehicles allegedly needing recall repairs.”
The filing acknowledges the investigation is connected with the 2014 recall of 2.59 million cars with faulty ignition switches that could turn the car off while driving, disabling its airbags. So far, 124 deaths have been linked to the defect.
General Motors may store seat position, radio presets, contacts and Internet browsing history in a cloud-based system to serve to drivers regardless of the car they’re in, a patent discovered by Autoblog shows.
The patent, which was filed July 14, said separate drivers would be required to authenticate their identities via RFID chip, text input, voice identification or fingerprint reader. The information would be downloaded to the car via telematics.
The patent filing includes several mentions of security measures the automaker would take to protect sensitive information, which would include phone contacts, voicemails, Internet browsing history and Paula Abdul song alerts.
Next year for General Motors could be defined by a new lower, longer Spark, production starting on the Bolt and a convertible Camaro, according to Automotive News’ facts and factoids department.
The automotive publication posted a speculative timeline of cars that may or may not be in GM’s future, including fuzzy details on a mid-engined Corvette that may or may not happen in or around the year 2020.
In case you’re wondering, we don’t know either.
Often criticized for flopping in the U.S. marketplace, Chevrolet set a sales record with the Aussie-built SS in June 2015.
Prior to June’s “surge” up to a still rather paltry 354 units, Chevrolet hadn’t sold more than 300 SS sedans since March of last year, the only other time the SS has crested the 300-unit mark. June 2015 SS volume was four units stronger than the March record. (Read More…)
Chevrolet will slot a new mid-sized crossover between the Equinox and Traverse in coming years, Automotive News is reporting.
Three sources within General Motors confirmed the new Chevrolet crossover would be dervied from Cadillac’s upcoming XT5, which is replacing the SRX next spring. The upcoming Chevy model’s architecture would be a shortened version of the Traverse, which is built on the Lambda platform. According to the story, GM will move the Equinox to the smaller D2XX platform — shared with the Chevy Cruze, Orlando, Volt, GMC Terrain and Opel Astra — by 2017 to make room for the three-row crossover.
The new, unnamed crossover will target the Nissan Pathfinder and Toyota Highlander and could be powered by a 2-liter turbo four, a 3.6-liter V6 or perhaps a hybrid power plant.
Fiat Chrysler Automobiles earned the top spot overall in an annual survey of new car quality.
Strategic Vision, a San Diego-based research firm, ranked FCA No. 1 for the first time since the company began measuring customer satisfaction in 1995. Last year, Kia earned top honors.
FCA had six cars that topped their respective segments, including the Fiat 500 and 500e; Dodge Charger, Challenger and Durango; and, the Jeep Wrangler Unlimited.