Tag: GM

By on July 21, 2016

General Motors #AMERICA

General Motors is busy phoning friends and posting on its Facebook wall after it made record net revenue in the second quarter of 2016 and boosted its net profit by 157 percent.

A net revenue of $42.4 billion is a high point for the company, even though the automaker’s global sales were flat compared to this time last year, with 2.4 million vehicles sold. Is it any wonder GM isn’t concerned about its falling market share? (Read More…)

By on July 18, 2016

Vauxhall-Astra-297766

Britain’s recent vote to leave the European Union could cause General Motors to up and leave the country, industry analysts predict.

Production of Vauxhall and Opel vehicles could shift across the Channel if the EU places import tariffs on vehicles bound from Britain, LMC Automotive said in a report, ending GM’s decades-long presence. (Read More…)

By on July 14, 2016

Chevrolet Cobalt Sedan

General Motors had hoped to put the issue behind it, but a judge’s ruling just opened the automaker up to billions in damages over its faulty ignition switch scandal.

Yesterday, the U.S. Appeals Court of Manhattan ruled that lawsuits filed against the automaker for accidents that happened before the company’s 2009 bankruptcy sale were still valid. The decision overruled an earlier court decision that protected GM from such suits. (Read More…)

By on July 14, 2016

GM

General Motors executives are breathing a sigh of relief after the automaker reached a deal with a supplier that threatened to shut down GM’s entire U.S. assembly operation.

The automaker hammered out an agreement with the bankrupt Clark-Cutler-McDermott Company, a supplier of trim and acoustic insulation that GM had been propping up financially since March, the Wall Street Journal reports. (Read More…)

By on July 13, 2016

General Motors #AMERICA

GM is facing off with a key parts supplier in bankruptcy court today, but the drama between it and the Clark-Cutler-McDermott Company started at the same time the automaker handed the company a nice award.

The Massachusetts-based CCM axed its workforce on July 8 and declared chapter 11 bankruptcy, leaving the automaker without the insulation and trim parts needed to build most of its vehicles. A continued disruption in the supply chain would be a massive blow to the automaker, forcing it to shut down assembly plants throughout North America.

Court documents show that at the same time GM was handing CCM a “Supplier of the Year” award at Detroit’s Cobo Center on March 10, CCM had already told GM it had defaulted on a loan and was looking for a handout in order to stay afloat. (Read More…)

By on July 13, 2016

2016 GMC Sierra with eAssist, Image: General Motors

A Massachusetts-based parts supplier you’ve probably never heard of could force General Motors’ entire North American operation to grind to a halt.

Clark-Cutler-McDermott Co. stopped making acoustic insulation and trim pieces for GM vehicles on Friday after declaring Chapter 11 bankruptcy, a situation it blames on money-losing contracts signed with the automaker, a source told The Detroit News(Read More…)

By on July 4, 2016

2017 Shelby GT350

Make America Great Again! It’s a dynamite slogan, simultaneously implying that America has fallen a little short of greatness lately and that a return to said greatness can absolutely be accomplished in short order. It’s a winner’s slogan, and it did wonders for that noted repeat winner, Ronald Reagan. By contrast, “I’m With Her,” the current slogan of choice for Mrs. Clinton, sounds like something a henpecked live-in boyfriend would tell a too-inquisitive salesperson at the Pottery Barn.

Whether or not Mr. Reagan truly made America great again is a discussion for another time. I will say, for the record, that I am on a particular side of that discussion, and the quasi-musician known as “Jello Biafra” is on the other.

What cannot be denied, however, is that the Reagan era saw the arrival of some truly great American cars. The C4 Corvette and its third-gen F-body cousin. The 225-horsepower Mustang GT. The Dodge Rampage 2.2. The list goes on and on, although you wouldn’t think that it does from the fact that I got to the Rampage 2.2 so quickly. I would also definitely include the Plymouth Turismo 2.2 in the list, although it would be after the Rampage because the Rampage had more cargo capacity.

Could a Trump presidency spur another era of great American cars? Or would Mrs. Clinton be the right choice to unleash a new generation of “superpredator” sports cars on the American public? While we wait for the American motor-voter to decide, let’s take a look at some of the current lows, and highs, in the domestic-brand arsenal of democracy.

(Read More…)

By on June 25, 2016

2015-cadillac-ats-sedan

General Motors wants better performance from its boosted engines, so it headed to the patent office with a design for a new two-stage turbocharger — one that eliminates the drawbacks of the existing setup.

According to a document published by GM Inside News, the General filed the patent on May 19. The design (mated to a four-cylinder engine) isolates the low-pressure and high-pressure turbines, calling on one or the other (but not both) at different engine speeds and loads. (Read More…)

By on June 23, 2016

2014-chevrolet-cruze-model-overview-diesel-cnt-well-1-980x476-01

A Seattle law firm famous for going after automakers (and lately, diesel-producing automakers) has another target in its sights: General Motors.

According to The Detroit News, Hagens Berman Sobol Shapiro filed a class-action lawsuit in California yesterday, accusing GM and Chevrolet of misleading buyers of Chevy Cruze models equipped with the 2.0-liter diesel engine. (Read More…)

By on June 21, 2016

GM Oshawa. Photo courtesy TTAC.

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…)

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