Former General Motors vice chairman and product development bigwig Bob Lutz has always had lots to say about the Chevrolet Corvette, and advanced age hasn’t diminished his enthusiasm for the model and its potential.
Even in the pre-recession, pre-bankruptcy days, a pre-retirement Lutz opined that the ‘Vette nameplate could host more than just a sports car. Back then, Lutz wasn’t saying that Corvette should be spun off as its own make, but he is now. (Read More…)
To say the 2018 Chevrolet Equinox is an important model for General Motors is to downplay the importance of the crucial compact crossover segment. Lighter, trimmer and more fuel efficient than before, the new right-sized Equinox erases many of the drawbacks of its long-in-the-tooth predecessor.
However, if “Old GM” was still in existence (and some would argue it still is), the 2018 model would have arrived on dealer lots with a built-in drawback approved by Detroit bigwigs. By that, we mean design. According to the vehicle’s chief engineer, the third-generation model’s initial design sent focus groups scurrying up a tree. (Read More…)
Badge-engineered bliss awaits environmentally conscious General Motors buyers in China. Announced today, the Buick Velite 5 range-extended electric vehicle will soon launch in the car-hungry marketplace, but Americans might recognize it as something else.
Hiding in plain sight behind that Buick badge — which carries plenty of sales clout in China — is a Chevrolet Volt, which aims to compete against a host of low-cost electrics and gas-powered compacts. (Read More…)
General Motors isn’t finished slashing products or dialing back plans to bolster its financial standing.
After unloading its near century-long Opel and Vauxhall holdings to France’s PSA Group, a move that came after failed attempts to return the European brands to profitability, GM plans to turn its focus on underperforming products in North America. There’s a chance that a model you hold dear could find its way to the chopping block. (Read More…)
The first of several new utility vehicles to roll into Cadillac dealers won’t carry the name many expected.
Recent spy photos show a heavily camouflaged compact crossover due to launch next year, part of Cadillac’s bid to boost sales by going all-in on the SUV craze. The automaker has offered a name for this looming profit machine, and it doesn’t stray far from place-holder we’ve used for some time. (Read More…)
It’s often sad to witness the moment when an individual’s high hopes collide with a cold, antiseptic wall of reality. Though we should all aspire for more, the inescapable truth is that most of our dreams will end up dashed on the rocks.
This week it was Fiat Chrysler Automobiles CEO Sergio Marchionne’s turn — once again — to face rejection. Buoyed by PSA Group’s acquisition of General Motors’ European car divisions, Marchionne must have assumed that love was in the air and it would perhaps soon be FCA’s turn to go home with another automaker.
Unfortunately for Marchionne, one potential mate quickly burst that balloon in a fairly heartbreaking fashion. (Read More…)
As expected, General Motors started off the work week by officially announcing the selloff of its European division to France’s PSA Group.
The Opel and Vauxhall brands, which have stubbornly resisted all attempts to return to profitability, are no longer GM’s problem. It’s a complex deal, but on the product side, Americans can still expect a generation of Buick Regals based on the Opel Insignia. (Read More…)
Pity the poor passenger car. Once on top, now increasingly being spoke of in sentences that use the word “endangered.”
If last month’s sales figures tell us anything, it’s that the current trend towards spacious crossovers and SUV shows no signs of abating. With the segment now relegated to second-class status, passenger car makers face rising inventories and a growing need to sweeten the sales pot.
General Motors recently idled some plants and cut shifts to draw down a glut of unsold vehicles, but February’s dismal sales did nothing to help. Well, it’s March now, so bring on the crazy sales! (Read More…)
A bill for the assembly of two decades-old models — one from a defunct marque — will come due on April 1. And unlike much of the debts written off during General Motors’ bankruptcy, a major subsidiary now has to pay this chunk back.
The money, $220 million in all, was handed to GM Canada back in 1987 to save the Montreal-area Sainte-Thérèse Assembly plant. GM Canada used that bankroll to build the stunningly sexy Chevrolet Celebrity and Oldsmobile Cutlass Ciera. It later cranked out the last Pontiac Firebirds and fourth-generation Chevrolet Camaros.
The thing about 30-year interest-free loans is that someone eventually comes to collect. (Read More…)
If you’re worried the 2018 Chevrolet Camaro ZL1 1LE unveiled this week will be the hottest round fired from the Chevrolet Camaro magazine, fear not. The famed Z/28 will reportedly live on, and not just in memories.
While the upcoming ZL1 1LE utilizes the scorching LT4 drivetrain of its brother — and adds enough downforce-generating attachments to punch through the asphalt — it doesn’t offer Camaro buyers more of what they really want. That being moar powah, obviously.
More power is, apparently, on the way. (Read More…)
The automaker that can’t seem to catch a break in overall quality rankings — or more comprehensive ones — doesn’t get a reprieve in Consumer Reports‘ latest brand ranking.
In its 2017 list of the best and worst brands, which combines scores for predicted reliability, road testing, safety and owner satisfaction, a familiar German brand returned to the same podium it occupied last year. Unfortunately for Fiat Chrysler Automobiles, the bulk of its brands languished — once again — on the lowest steps of the pyramid. (Read More…)
Some automotive generalities are undeniable: Americans like their pickup trucks, and Italians like the style and flair of a Ferrari. It’s not often these two interests align, but today’s Rare Rides must have been written somewhere in the stars, because it’s just so right. Via Craigslist, behold the stunning Ferrar-olet.
Apparently, the tidy sale of General Motors’ European division to French automaker PSA Group isn’t so clean-cut after all.
According to German publication Der Spiegel, PSA is looking to secure more than just the Opel and Vauxhall brands. It also wants a key bit of gear — one that would make the new European alliance market leaders in electric vehicle technology.
GM isn’t willing to let it go without a host of conditions. (Read More…)
For now, legislation restricting the use of those pesky self-driving cars is mainly up to individual states. Because no one wants an experimental, untested car piloting their local roadways, states have erected legislative safety barriers that, for the most part, restrict pilot projects in certain areas, or on certain roads.
As everyone waits for the National Highway Traffic Safety Administration to make up its mind and put blanket regulations in place, an angry chorus of complaints from Silicon Valley startups is growing louder, accusing state lawmakers of favoring the old guard when it comes to fostering automotive technology.
Only naturally, concerns about corporate money influencing government decisions arose. One automaker’s political action fund seems more active than others (Read More…)
Peugeot Citroën’s planned purchase of Opel and its operations from General Motors is believed to be largely a done deal, with only minor details remaining.
According to Bild, the details will be announced on the first of March. It’s thought that both GM and PSA want to sign the papers before the Geneva International Autosalon, where Opel will introduce the new Insignia sedan and PSA plans to show the new DS7 mid-size crossover. The deal does not include Australia’s once-glorious-but-now-gutted Holden brand. (Read More…)