#GeneralMotors
Cruise AV Company Raises $2.75 Billion in Latest Funding Round
General Motors backed autonomous vehicle startup Cruise has reportedly scored $2.75 billion from its last round of funding, with Walmart again taking a particular interest in the company. The multinational retail corporation previously participated in a pilot program where Arizona-based shoppers could call upon a Cruise AV to have their groceries delivered. While just one of several autonomous programs Walmart is involved with, the relationship with Cruise must be in fairly good shape to throw that kind of money into a business that seems to have missed more deadlines than it has kept — even if that does seem to be the trend for AV startups.
Chevrolet Electric Silverado A ZERO Production
Chevrolet’s Silverado electric pickup will be built at the Factory Zero assembly plant in Detroit-Hamtramck, Michigan, along with GMC’s Hummer EV SUV which will also be produced there, General Motors president Mark Reuss said today.
Rare Rides: A Pristine Chevrolet Monte Carlo From 1987, Mid-market Personal Luxury
Rare Rides has touched on Monte Carlo once before, in a well-past-its-prime NASCAR / Jeff Gordon edition from 2000. Monte Carlo surfaced again more recently, as its Nineties iteration was effectively a renamed second-generation Lumina coupe. But we’ve never covered the Eighties Monte Carlo, which was a very popular car in the midsize segment at a time when the personal luxury coupe was alive and well.
And someone kept today’s 1987 example in as-new condition.
NHTSA Recalls GM Vans for Potential Fire Hazard
A warning was issued today to owners of 2021 Chevrolet Express and GMC Savana vans with 6.6-liter gas engines by the National Highway Traffic Safety Administration (NHTSA). If a battery short circuit were to happen, there may be a low battery voltage warning, the battery might die, or an engine compartment fire could take place.
Semiconductor Shortage Delays More Automobiles
The industry is having to stall more plants to contend with the semiconductor shortage that’s currently making it more difficult for you to get everything from a smartphone on up to your next vehicle. Ford Motor Co. recently informed employees that its Dearborn truck plant (easily one of its most profitable facilities) would need to be idled through the weekend to create a buffer for semiconductor chips. Worse yet, it’s not the first time the automaker has had to stall output of the F-150 this year. Ford has also started manufacturing trucks without all the necessary components, stating it would hold vehicles for a few weeks to account for supply chain delays.
Meanwhile, Chrysler has made a similar announcement about its minivan output as Windsor Assembly faces another chip deficit. Unifor Local 444 recently stated that the facility would be staring down the barrel of a four-week shutdown starting next week. Considering Chrysler’s minivans literally just dealt with a three-week stall over the chip shortage, union workers are understandably upset. Days earlier, General Motors Canada also announced that its CAMI plant in Ingersoll, Ontario, will likely remain idle until the middle of April.
GM Considers Sharing Chevy Bolt Between Dealers
The latest from Detroit has General Motors considering tweaking its delivery strategy for electric vehicles. While this appears to tangentially fall into the industry trend of trying to shove EVs into an online sales model, GM’s plan is distinctive and would introduce centralized inventory lots for the 2022 Chevrolet Bolt ( hatchback and EUV) before Christmas. But we can already see the dual-sized nature of the plan that will be used to promote and condemn it, should things move forward.
General Motors could be seen as throwing dealerships a bone by finding a way for those located in areas where EV buyers are less prevalent to provide their customers with electrified options. This saves them from having to prep their lots for charging and making space for vehicles people might not bother buying until the technology has further matured. However, with industry giants (including GM) vowing to continue making more of their lineup battery-powered, dealers might also view this as a coy way for the manufacturer to obtain more control over retail operations. Other manufacturers have already explained that they want to prioritize online sales of electric automobiles, with the end result likely mimicking the Tesla sales model … something that doesn’t include traditional dealerships.
Detroit Revises Assembly Routine Due to Semiconductor Shortage
On Thursday, Ford issued a statement explaining that some of its vehicles will be manufactured without the electronic modules dependent on semiconductors. While the automaker faulted the global semiconductor shortage, it also made mention of the winter storms from last month. A few shifts will reportedly be cut until supply chains stabilize while other lines will be constructing vehicles minus some electronics. The plan is for Blue Oval to hold onto them until more chips come in, minimizing production losses.
General Motors proposed a similar solution last week and has since started building 2021 light-duty full-size pickups without a fuel management module.
“Due to the global shortage of semiconductors impacting the global auto industry, we are making Active Fuel Management/Dynamic Fuel Management unavailable on certain 2021 model year full-size trucks,” said GM spokesperson Michelle Malcho.
Has Another Decade-Old GM Coverup Come to Light?
Stop me if you’ve heard this one before: A person dies in a vehicle crash. Faulty components appear to be to blame. General Motors is eventually accused of knowing about the safety issues and doing nothing to correct them.
Buy/Drive/Burn: The Cheapest Full-size Trucks in America for 2021
Buy/Drive/Burn returns today with another “cheapest of” installment, the latest in a series that’s seen us cover sedans, midsize trucks, and most recently some convertibles.
And today we’re discussing the cheapest full-size trucks on offer in 2021.
Rare Rides: A 2009 Chevrolet HHR SS Panel, Desirability Guaranteed
Today’s Rare Ride is the rarest version of Chevrolet’s retro-styled economy car of the 2000s, and you might never have had the pleasure of seeing one in person.
Presenting the HHR SS Panel, in which you shift your own gears.
Rare Rides: The 1991 Chevrolet Lumina Z34, a Practical High-performance Coupe
In 1991, consumers could purchase one of several affordable midsize coupes of low-medium equipment, low-medium quality, and upper-middle levels of style.
Let’s talk Lumina Z34.
GM Launching Digital Retail Tool for EV Sales
General Motors intends to launch a digital retail tool aimed at facilitating electric vehicle sales. However, this does not appear to represent a total shift away from the traditional dealer model — even if it technically furthers that cause.
While EVs have grown in popularity, they’re still a niche segment and perhaps not suited to the needs of all customers. That makes it risky to stock your showroom with them, depending on the geography. So we’ve seen multiple manufacturers embrace online sales and the flexibility that offers the manufacturer as a way to get around this. Some companies, like Tesla, even prioritize direct sales models above the alternative — and we’re seeing brands like Volvo beginning to do the same. GM said it would be using Tekion (founded by Tesla and Oracle bigwig Jay Vijayan) to help it sell EVs over the internet.
Cadillac to Expand V-Series Performance Lineup, Blackwing
As much as we like to chide domestic automakers for abandoning traditional cars for the juicier margins of crossover vehicles, they haven’t done away with them entirely. Cadillac even went so far as to introduce Blackwing variants of the CT4-V and the CT5-V in 2021, something many claimed was necessary after the V-Series lost some of its mightiness when the new models arrived. Apparently, General Motors wants its luxury division to keep it up with the Blackwing models while it continues to expand the V-Series lineup.
Buy/Drive/Burn: The Cheapest Trucks in America for 2021
We closed out last week with a Buy/Drive/Burn entry that covered the three cheapest sedans available in America this year. Nearly all of you decided you’d buy the most expensive of the three, the Hyundai Accent.
Today’s trio are the least expensive trucks on sale today with plain paint, two driven wheels, and steelies. Think you’ll select the most expensive truck of today’s trio for the Buy? Let’s find out.
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