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    William Maley

    Marchionne Still Dreams of A FCA-GM Merger

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      Marchionne, No means no.

    You have to admire Fiat Chrysler Automobiles' CEO Sergio Marchionne for still hanging onto the dream of FCA and General Motors merging, despite being told repeatedly that isn't going to happen. At the Geneva Motor Show this week, Marchionne put out there that he is still interested in getting together with GM.

    "I never close any doors. I may shamelessly try and knock again ... on the GM door or any door if I thought it was a good thing for the business. Absolutely, without even blinking. The desirability of GM as a potential merger candidate remains untouched," said Marchionne.

    Unsurprisingly, GM shot down Marchionne's dreams.

    "We weren't interested before and we're even less interested now," said GM President Dan Ammann.

    Marchionne isn't one to give up however, he has a plan B: Volkswagen. As he told Bloomberg, with PSA Group becoming the second largest automaker in Europe with the acquisition of Opel/Vauxhall, this could put Volkswagen in a vulnerable position. He sees the company possibly looking for a partner.

    “I have no doubt that at the relevant time VW may show up and have a chat” about a merger, said Marchionne.

    Volkswagen CEO Matthias Müller slapped down that idea when asked.

    “We are not ready for talks about anything. I haven’t seen Marchionne for months,” said Müller.

    “We have other problems.” 

    Source: Bloomberg , Reuters, (2)

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    If GM put a ban on wearing black sweaters at work, Sergio would leave them alone forever.

    He should try to merge with PSA, no one wants cars "Imported From Detroit" he could try some imported from France and use Citroen to fill Chrysler dealerships.   And they can consolidate some of the other brands.

     

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    :roflmao: VW has many other options before even needing to think about FCA. What a joke. 

    Yes, one could make a case for VW and FCA so VW gets Jeep and Ram and sells off Dodge/Chrysler to some China Company. Fiat/Alfa would also either be sold off or closed.

    Sergio just does not seem to get it, he is clueless about what other companies would need to fulfill the final pieces. VW has just about everything they need and might only be interested in Jeep / Ram. Course they could also easily build their own versions of those two which is what I really think VW would do.

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    11 minutes ago, dfelt said:

    VW has just about everything they need and might only be interested in Jeep / Ram. Course they could also easily build their own versions of those two which is what I really think VW would do.

    While I agree.. Ram and Jeep as names carry a ton of weight that even if VW made a better product it would take sooooo long before it overtook Jeep/Ram in sales.

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    3 minutes ago, ccap41 said:

    While I agree.. Ram and Jeep as names carry a ton of weight that even if VW made a better product it would take sooooo long before it overtook Jeep/Ram in sales.

    True name recognition in the US with those two is big. That is the only reason I could see VW buy those two items. Pass on the rest. If VW did want to do it all in house though I believe they could.

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    1 hour ago, dfelt said:

    True name recognition in the US with those two is big. That is the only reason I could see VW buy those two items. Pass on the rest. If VW did want to do it all in house though I believe they could.

    Oh I definitely think VW is capable of making any vehicle great that they want to. It might be bland..but great.. lol

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    Here are the facts. 

    Sergio is an idiot. 

    FCA at some point is going to crash as they can not continue on and one economic turn down will kill them. 

    Once Fiat crashes look for VW or Daimler to swoop in and buy Jeep and Ram from FCA out of the wreckage. 

    The only thing is VW needs to pay of the Diesel issue first as they have big loans on that secured by Bentley. Sales have been good so they should get back on track soon. 

    As for PSA well they are going to go no where. They have no real fans outside of Europe and even inside they only have friends in France. They are mostly a punch line for Jeremy Clarkson. 

    GM left Europe for Geopolitical, labor and economic reasons they themselves seen as outsiders could not get much help with. Often you have to take a step back before you can move forward. But in this case with 16 years of losses in Europe it was not really much of a step back.  

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    Sorry, but this article reads like it was originally from The Onion.  Why would Sergio criticize the PSA/Opel deal when it was his idea to spin off Ferrari as its own publicly traded company?

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    6 minutes ago, aurora97 said:

    Sorry, but this article reads like it was originally from The Onion.  Why would Sergio criticize the PSA/Opel deal when it was his idea to spin off Ferrari as its own publicly traded company?

    Welcome the Twilight Zone, here is your black sweater.

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    VW looks at things globally, the only global brand at FCA with any value is Jeep.   I am sure VW would love to have Jeep in the arsenal, Ram trucks would make profit in USA would would help them, but isn't like something they really need.  I don't think the value of Jeep offsets the worthlessness of Dodge/Chrysler/Fiat/Alfa/Maserati to VW.  

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    There certainly is more to FCA of value than just Jeep.

    SEAT's highest volume line is the Ibiza: it sold 160K in 2015.
    Skoda's highest volume line is the Octavia: it sold 436K in 2016.

    Ram sold 544K units in 2016 in the U.S. only. And without a doubt the profit margins on the Ram are many times over that of the ibiza or Octavia. Cash cows are always appealing in a business case.

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    Funny seeing as a couple months ago he said there was absolutely no intrest in a merger anymore.  At least he should be laving soon. 

     

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    13 hours ago, hyperv6 said:

    Here are the facts. 

    Sergio is an idiot. 

    FCA at some point is going to crash as they can not continue on and one economic turn down will kill them. 

    Once Fiat crashes look for VW or Daimler to swoop in and buy Jeep and Ram from FCA out of the wreckage. 

    The only thing is VW needs to pay of the Diesel issue first as they have big loans on that secured by Bentley. Sales have been good so they should get back on track soon. 

    As for PSA well they are going to go no where. They have no real fans outside of Europe and even inside they only have friends in France. They are mostly a punch line for Jeremy Clarkson. 

    GM left Europe for Geopolitical, labor and economic reasons they themselves seen as outsiders could not get much help with. Often you have to take a step back before you can move forward. But in this case with 16 years of losses in Europe it was not really much of a step back.  

    Moe hyperbole.  they are actually paying down their debt at an incredible rate.  the new platform and turbo 4 engines that will spread across the line are now out there, the new Compass looks to be a hit, The Wagoneer, Grand Wagoneer, and new Ram are coming.  The Compass looks to be a hit.  The LX cars are cash cows as the tooling is long paid off and the Charger has a strong following in police fleets.  The KSP for example uses almost exclusively Chargers.  Despite a lack of updates, the Journey continues to post higher sales numbers each month while being a cash cow, as, again, the tooling is long paid off.  Hellcat demand continues to outpace production capacities.  They could be the number 1 seller in the world and you would still be predicting doom........

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    If all these FCA products were such great cash cows, Sergio wouldn't constantly be looking for merger partners.  FCA is spending almost nothing in on new products, so what do they sell in 2020 with so little in the pipeline?  And one global downturn, recession or gas spike could be 2009 all over again for them and he knows it.  They are making money now because the auto market has had back to back record sales years, that won't last forever.  

    Maybe he should contact Carlos Ghosn, he like alliances and mergers, and he took on Mitsubishi so apparently no car maker is too far lost for him to take on.  Nissan would get the full size truck they want, Renault can absorb any Fiat models worth keeping, they could sell Renault in USA at existing dealers (the new Renault Alpine 110 looks pretty sweet), they can kill Chrysler and sell the Pacifica at Nissan or Dodge or both, they'd keep Jeep as is.

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    11 minutes ago, smk4565 said:

    If all these FCA products were such great cash cows, Sergio wouldn't constantly be looking for merger partners.  FCA is spending almost nothing in on new products, so what do they sell in 2020 with so little in the pipeline?  And one global downturn, recession or gas spike could be 2009 all over again for them and he knows it.  They are making money now because the auto market has had back to back record sales years, that won't last forever.  

    Maybe he should contact Carlos Ghosn, he like alliances and mergers, and he took on Mitsubishi so apparently no car maker is too far lost for him to take on.  Nissan would get the full size truck they want, Renault can absorb any Fiat models worth keeping, they could sell Renault in USA at existing dealers (the new Renault Alpine 110 looks pretty sweet), they can kill Chrysler and sell the Pacifica at Nissan or Dodge or both, they'd keep Jeep as is.

    Um, there is tons of new product coming in the next few years.  I understand what they are doing right now is using what they have to get rid of debt rather quickly before starting a costly product onslaught.  We know the new Alfa sedan and SUV are just a beginning of what we are going to see as the platform and turbo 4 will be spreading across the lineup.  They have to.  The more vehicles a platform can cover, they more they get to amortize the cost, and the more profit they make. 

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    Yes Stew.. I have to agree with Smk and Hyper on this one. FCA is for all intents a 3 Trick Pony.. in that they have Jeep. But then they have Ram.. and LX cars NOT being updated in order to pay the bills. Look at the fact that FCA's profits are very weak considering the last two points made. One good update to Ram and profit SAP is on the way. One good spike in Fuel costs and BOOM.. their reliance on the SRT "We Build Excitement" (lol) goes away. Jeep is really the only thing that I could see GM really wanting.. Maserati would probably be desirable to Ford. Ferrari is gone on its own. Alfa is really nothing to write home about. Chrysler is pretty much a minivan. They have no.. and I mean no small cars in the mainstream brand (Dodge). They have no.. and I mean no mid-size in the mainstream brand. Pretty much FCA in the U.S. is Charger cop cars, Challenger, Ram, and Jeep... oh and a minivan. 

    Personally I see no reason for Mary to even consider it once those facts are presented. Does GM need SRT?? Hell no. The Camaro alone does everything that the performance cars at Dodge do better. They have the capability, and frankly the necessity for scale to build an Omega or Alpha-L Impala that could put the Charger on the flatbed. Does GM need Ram??? Hell no. Come on. Does GM need Jeep??? Not even. GMC could easily take on Jeep I think if they wanted to. 

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    10 minutes ago, Cmicasa the Great said:

    Yes Stew.. I have to agree with Smk and Hyper on this one. FCA is for all intents a 3 Trick Pony.. in that they have Jeep. But then they have Ram.. and LX cars NOT being updated in order to pay the bills. Look at the fact that FCA's profits are very weak considering the last two points made. One good update to Ram and profit SAP is on the way. One good spike in Fuel costs and BOOM.. their reliance on the SRT "We Build Excitement" (lol) goes away. Jeep is really the only thing that I could see GM really wanting.. Maserati would probably be desirable to Ford. Ferrari is gone on its own. Alfa is really nothing to write home about. Chrysler is pretty much a minivan. They have no.. and I mean no small cars in the mainstream brand (Dodge). They have no.. and I mean no mid-size in the mainstream brand. Pretty much FCA in the U.S. is Charger cop cars, Challenger, Ram, and Jeep... oh and a minivan. 

    Personally I see no reason for Mary to even consider it once those facts are presented. Does GM need SRT?? Hell no. The Camaro alone does everything that the performance cars at Dodge do better. They have the capability, and frankly the necessity for scale to build an Omega or Alpha-L Impala that could put the Charger on the flatbed. Does GM need Ram??? Hell no. Come on. Does GM need Jeep??? Not even. GMC could easily take on Jeep I think if they wanted to. 

    Of course, you see everything through GM Rose colored glasses.......

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    Just now, Cmicasa the Great said:

    Of course i70mfl.jpg

    And I am ok with that.  I tend to have a multi-national driveway haha.  2 Dodges, a Chevy, a Toyota, and a VW lol. 

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    12 hours ago, balthazar said:

    There certainly is more to FCA of value than just Jeep.

    SEAT's highest volume line is the Ibiza: it sold 160K in 2015.
    Skoda's highest volume line is the Octavia: it sold 436K in 2016.

    Ram sold 544K units in 2016 in the U.S. only. And without a doubt the profit margins on the Ram are many times over that of the ibiza or Octavia. Cash cows are always appealing in a business case.

    Not only that but VW is a company that makes two different variants of certain cars, so they obviously see the value in catering to a specific market- the US, in this case- if the rewards are great enough.

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    With all of his merger talk and subsequent shoot downs, Sergio is like the kid that keeps punching himself in the nuts and expecting it to no longer hurt. How is this man in charge of anything?

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    59 minutes ago, Cmicasa the Great said:

    Personally I see no reason for Mary to even consider it once those facts are presented. Does GM need SRT?? Hell no. The Camaro alone does everything that the performance cars at Dodge do better. They have the capability, and frankly the necessity for scale to build an Omega or Alpha-L Impala that could put the Charger on the flatbed. Does GM need Ram??? Hell no. Come on. Does GM need Jeep??? Not even. GMC could easily take on Jeep I think if they wanted to. 

    GM(or anybody else) could always use the Jeep brand regardless of what product they could produce themselves. But I completely agree with everything else you said. They simply don't really make competitive products anymore. They have a few niche items like the Hellcats and SRT Grand Cherokee that everybody seems to love but outside of those the rest is old(save for the van, Cherokee & now Compass) or is a Fiat... Jeep is the only thing I would want to buy from them.

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    49 minutes ago, Stew said:

    And I am ok with that.  I tend to have a multi-national driveway haha.  2 Dodges, a Chevy, a Toyota, and a VW lol. 

    Yeah..  I kno. I'm a GM or Ford kinda guy since 1998. Before Chrysler hooked up with Daimler. Either way.. I am still looking at it from a business standpoint.. and business wise a GM/FCA hook-up would only spawn issues with the union at this point. On top of that the overlap if GM revitalized Dodge and Chrysler alone would be massive. If they were gonna do that they may as well of just reopened Pontiac. That would give em 500K sales instantly.. For the Jeep thing.. Again I call for a trim level based solely on the Canyon that emulates.. U guessed it.  the Hummer H3,  H3T and Hx concept 

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    One great thing is that the new Alfas are getting pretty rave reviews, basically replacing the Alpha based ATS as the mags favorite small luxury car.  unfortunately this doesn't guarantee sales, but when this platform makes it way to Dodge in will be a game changer, as much as the original LX cars were when they came out.  The new Turbo 4 is also getting rave reviews.  For a RWD 4 cylinder Alfa MT got 0-60 in 5.1 and a 1/4 mile of 13.6.  That is quicker than most of the competitions optional V6s and way quicker than their base 4 bangers.  The next resting place for this engine will be the new Wrangler, though I am sure it will be tuned for more low end torque where the Alfa version is tuned for mid/top end HP.  The Real MPG numbers were also pretty impressive at 38.1 on the highway, and I believe a 32 MPG average.  Things are going to get interesting over the next few years. 

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      A new generation of multifunction steering wheels featuring digital touch surfaces are used in the Arteon. In combination with the Travel Assist system (see below), the steering wheel rim additionally features touch-sensitive surfaces which, once Travel Assist has been activated, detect whether the driver has at least one hand on the steering wheel for safety reasons.
      The temperature can now be set intuitively via a touchslider for the optional three-zone Climatronic® automatic climate control. The same applies to the blower function in the manual mode. Seat heating, windscreen and window defrosting functions as well as other air conditioner regulations are also controlled using new touch-sensitive surfaces in the center console.
      The Arteon is equipped with the Volkswagen Digital Cockpit, which allows the driver to configure the instrument display. The graphics of the 10.25-inch display are clear and of a high quality. The driver can quickly and easily switch between three basic layouts using a View button on the multifunction steering wheel.
      Arteon adopts the all-new MIB3 infotainment system, integrated in a clearly visible and easy-to-reach position above the new air-conditioning controls. All models come standard with the 8.0-inch Discover Media system with navigation. MIB3 offers natural voice control, multi-phone pairing that can easily switch between devices, and wireless App-Connect. Wireless charging is also new for 2021.
      Volkswagen is also offering a newly developed, high-end sound system made by audio specialists harman/kardon for the very first time. It has been specifically geared towards the Arteon product line. The system uses a 700-watt, 16-channel Ethernet amplifier to power a total of twelve high-performance loudspeakers. One loudspeaker acts as the center speaker in the newly designed dash panel while another operates as a subwoofer in the trunk. The remaining treble, mid-range, and bass loudspeakers have been arranged in the doors. The infotainment system coordinates the individual sound control of the harman/kardon sound system which also provides pre-configured settings, such as Pure, Chill out, Live and Energy.
      Powertrain
      The Arteon is powered by a 2.0-liter turbocharged and direct-injection TSI® engine, making 268 horsepower and 258 pound-feet of torque. The power is taken to the front wheels via a standard eight-speed automatic transmission with Tiptronic® shifting; 4Motion all-wheel drive is available on SEL R-Line models and standard on SEL Premium R-Line models.
    • By William Maley
      While the focus on the electric vehicles have been on the ultra plush and quick models from the likes of Tesla, Audi, and Jaguar, there is a lot of work being done for electric delivery vans. The combination of reduced maintenance, low fuel costs, and an abundance of torque to deal with heavy loads make them a perfect to do deliveries in urban areas. Rivian is the most-well known player here with plans to build out a fleet of electric vans for Amazon. Another player is ready to join the fight.
      Reuters reported yesterday that General Motors is working on a electric van for the commercial market. Five sources reveal that the van - codenamed BV1 - is expected to go into production late next year. It is expected to use Ultium battery technology that GM first talked about back in March. Utilizing this could solve one of the big issues with EVs, price. By switching Cobalt (expensive) for Aluminum (less expensive), GM says it will drop the cost of a battery to $100 per kilowatt-hour - making it around the same cost as regular gas powered van. Analysis done last year put the kilowatt-hour cost of a battery at $159. 
      One item still being debated internally is whether the van will be sold as Chevrolet, GMC, or a new brand. 
      When asked by Reuters, GM said it is “committed to an all-electric future and is implementing a multi-segment, scalable EV strategy to get there. At this time, we do not have any announcements to make regarding electric commercial vehicles.”
      GM isn't the only company getting on the electric van train. Ford has announced plans for an electric version of the Transit to launch in 2022, and British startup Arrival which has the backing of Hyundai, currently has an order of 10,000 vans from UPS.
      Source: Reuters

      View full article
    • By William Maley
      While the focus on the electric vehicles have been on the ultra plush and quick models from the likes of Tesla, Audi, and Jaguar, there is a lot of work being done for electric delivery vans. The combination of reduced maintenance, low fuel costs, and an abundance of torque to deal with heavy loads make them a perfect to do deliveries in urban areas. Rivian is the most-well known player here with plans to build out a fleet of electric vans for Amazon. Another player is ready to join the fight.
      Reuters reported yesterday that General Motors is working on a electric van for the commercial market. Five sources reveal that the van - codenamed BV1 - is expected to go into production late next year. It is expected to use Ultium battery technology that GM first talked about back in March. Utilizing this could solve one of the big issues with EVs, price. By switching Cobalt (expensive) for Aluminum (less expensive), GM says it will drop the cost of a battery to $100 per kilowatt-hour - making it around the same cost as regular gas powered van. Analysis done last year put the kilowatt-hour cost of a battery at $159. 
      One item still being debated internally is whether the van will be sold as Chevrolet, GMC, or a new brand. 
      When asked by Reuters, GM said it is “committed to an all-electric future and is implementing a multi-segment, scalable EV strategy to get there. At this time, we do not have any announcements to make regarding electric commercial vehicles.”
      GM isn't the only company getting on the electric van train. Ford has announced plans for an electric version of the Transit to launch in 2022, and British startup Arrival which has the backing of Hyundai, currently has an order of 10,000 vans from UPS.
      Source: Reuters
    • By William Maley
      On Wednesday, General Motors invited a number of media to their tech center in Warren, MI for their EV Day event. The company is making a big bet on electric vehicles with 11 new vehicles rolling out by 2025, featuring a new electric modular platform and battery tech. Here's what we know.
      Third-Generation Electric Vehicle Platform
      Underpinning this massive push is GM's new third-generation EV platform (BEV3). The new platform was designed to provide flexibility for different vehicle types - ranging from compact cars to pickup trucks. Battery packs are designed to be mounted beneath the passenger compartment to allow for a lower center of gravity. This results in more passenger room and improved handling. The platform also allows for different drive configurations - front, rear, or all-wheel drive - depending on the vehicle.
      Ultium Battery Technology
      Providing the electric power for these new models is what GM calls Ultium batteries. Working together with its battery partner LG Chem, the Ultium batteries are large-format, pouch-style cells that can either be stacked vertically or horizontally in packs. This will allow more flexibility for engineers to design battery packs for vehicles.
      More important is the chemistry of the batteries. GM has reduced the amount Cobalt - an element used in the making of batteries that is becoming harder to find and expensive - by seventy percent. Instead, the batteries are using aluminum. This will hopefully bring down the price of the battery packs.
      Battery capacity will range from 50 to 200 kilowatt hours - giving a projected max range of 400 miles depending on the vehicle. Level II and DC fast-charging are both supported.
      The Vehicles
      At the event, GM had 10 vehicles on display and one shown via digital renderings. The current plan is to start launching the new models beginning later this year.
      Updated Chevrolet Bolt: The first vehicle to be launched in this offensive. It will get an updated interior with a more premium dash. Chevrolet Bolt EUV: The crossover-variant of the Bolt, it is about five-inches longer and rides on a wheelbase that has been stretched by three inches. An updated roofline reportedly eliminates the small front windows on the Bolt. The EUV will also be the first model outside of Cadillac to get Super Cruise. Chevrolet Midsize Crossover: About the same size as the Blazer, this model has an aggressive design and features a low roofline. A pair of 18-inch multimedia displays dominate the interior. Chevrolet Full-Size Truck: This was the model only shown in digital renderings according to those who were at the event. It will complement the Silverado and be aimed at those who want something to be used on a job site - not like the upcoming GMC Hummer Truck or Rivian which are aimed more at lifestyle folks. This model is expected to arrive in 2025. Buick Crossover and SUV: These two models didn't have a name and were wearing a design that was described by the Detroit Free Press as a "vaguely European look".  GMC Hummer Truck: This will only be available in a crew-cab configuration with a five-foot bed. The design will be utilitarian and boxy. Inside, two large screens will serve as the instrument cluster and infotainment system. Don't expect any leather as many of materials used inside will be made from recycled materials. The truck will also have removable roof panels (like the Jeep Wrangler, that can be stored in the front trunk. GMC Hummer SUV: Basically the same as the truck, albeit using a shorter wheelbase. Cadillac Lyriq: We have seen teasers of this model last year and Cadillac dropped another this week showing off the silhouette - reminding us some crossovers from Jaguar and Porsche. The vehicle is wide and rides on 23-inch wheels. Size-wise, it is similar to the XT5. The interior boasts a 34-inch-wide high-def screen and seating for four, though the production model may have seating for five. Cadillac Celestiq: A new four-door flagship sedan that has a long front end and a fastback rear according to those who saw the clay model. It will be hand-built and carry a six-figure pricetag. Cadillac Large SUV: About the size of an Escalade, it be complementary vehicle to it. The model will have a more traditional design than the other Cadillac EVs. Inside, it will boast large screens up front and three-rows of seating. Source: Roadshow, Detroit Free Press, The Drive, General Motors
      Press Release is on Page 2


      GM Reveals New Ultium Batteries and a Flexible Global Platform to Rapidly Grow its EV Portfolio
      WARREN, Mich. – Starting today, General Motors Co. (NYSE: GM) is gathering hundreds of employees, dealers, investors, analysts, media and policymakers to share details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably.
      “Our team accepted the challenge to transform product development at GM and position our company for an all-electric future,” said Mary Barra, GM chairman and CEO. “What we have done is build a multi-brand, multi-segment EV strategy with economies of scale that rival our full-size truck business with much less complexity and even more flexibility.”
      The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. They will allow the company to compete for nearly every customer in the market today, whether they are looking for affordable transportation, a luxury experience, work trucks or a high-performance machine.
      “Thousands of GM scientists, engineers and designers are working to execute an historic reinvention of the company,” said GM President Mark Reuss. “They are on the cusp of delivering a profitable EV business that can satisfy millions of customers.”
      Ultium Batteries and Propulsion System Highlights
      GM’s new Ultium batteries are unique in the industry because the large-format, pouch-style cells can be stacked vertically or horizontally inside the battery pack. This allows engineers to optimize battery energy storage and layout for each vehicle design. Ultium energy options range from 50 to 200 kWh, which could enable a GM-estimated range up to 400 miles or more on a full charge with 0 to 60 mph acceleration as low as 3 seconds. Motors designed in-house will support front-wheel drive, rear-wheel drive, all-wheel drive and performance all-wheel drive applications. Ultium-powered EVs are designed for Level 2 and DC fast charging. Most will have 400-volt battery packs and up to 200 kW fast-charging capability while our truck platform will have 800-volt battery packs and 350 kW fast-charging capability. GM’s flexible, modular approach to EV development will drive significant economies of scale and create new revenue opportunities, including: 
      Continuous Improvement in Battery Costs: GM’s joint venture with LG Chem will drive battery cell costs below $100/kWh. The cells use a proprietary low cobalt chemistry and ongoing technological and manufacturing breakthroughs will drive costs even lower. Flexibility: GM’s all-new global platform is flexible enough to build a wide range of trucks, SUVs, crossovers, cars and commercial vehicles with outstanding design, performance, packaging, range and affordability. Capital Efficiency: GM can spend less capital to scale its EV business because it is able to leverage existing property, including land, buildings, tools and production equipment such as body shops and paint shops. Complexity Reduction: The vehicle and propulsion systems were designed together to minimize complexity and part counts beyond today’s EVs, which are less complex than conventional vehicles powered by internal combustion engines. For example, GM plans 19 different battery and drive unit configurations initially, compared with 550 internal combustion powertrain combinations available today. Rising Customer Acceptance: Third-party forecasters expect U.S. EV volumes to more than double from 2025 to 2030 to about 3 million units on average. GM believes volumes could be materially higher as more EVs are launched in popular segments, charging networks grow and the total cost of ownership to consumers continues to fall. New Sources of Revenue: By vertically integrating the manufacture of battery cells, the company can reach beyond its own fleet and license technology to others. The first generation of GM’s future EV program will be profitable. The initial programs will pave the way for further accretive growth. GM’s technology can be scaled to meet customer demand much higher than the more than 1 million global sales the company expects mid-decade.
      Upcoming Launches and Reveals
      Chevrolet, Cadillac, GMC and Buick will all be launching new EVs starting this year. The next new Chevrolet EV will be a new version of the Bolt EV, launching in late 2020, followed by the 2022 Bolt EUV, launching Summer 2021. The Bolt EUV will be the first vehicle outside of the Cadillac brand to feature Super Cruise, the industry's first true hands-free driving technology for the highway, which GM will expand to 22 vehicles by 2023, including 10 by next year.
      The Cruise Origin, a self-driving, electric shared vehicle, shown to the public in January 2020 in San Francisco, was the first product revealed using GM’s third generation EV platform and Ultium batteries. Next will be the Cadillac Lyriq luxury SUV in April. Details about its launch will be shared then. The reveal of the Ultium-powered GMC HUMMER EV will follow on May 20. Production is expected to begin in Fall 2021 at GM’s Detroit-Hamtramck assembly plant, GM’s first assembly plant 100 percent dedicated to EV production.

      View full article
  • Posts

    • Very cool.  I'm guessing this is a Pontiac Phoenix ... '77 to '79 ... most likely with the base engine.  Its predecessor, the Ventura, which used that platform (with leaf spring rear suspension ... don't know the letter code) had nicer frontal styling in '75 and '76.  I thought its engine lineup was almost better, too.   I think PMD was a little misdirected on what to do with the styling of these last few Phoenix years.  Of the foursome sharing this platform, the Ventura got my nod, followed by the Omega, provided both of them had nice trim levels. Yesterday, I was traveling down the freeway and a dark brown metallic LaCrosse SUPER passed me up.  It had the canted front grille, so it was either a 2008 or a 2009.  The dudes in it had their windows down and were rocking out to some music.  At any rate, I hadn't seen a Super in about a year.  It would be interesting to know how many Supers (5.3L V8) were produced in their V8 years compared to CXs and CXLs.
    • Thanks! 🙂  I  have been working the two jobs even after I really no longer had to- as I really wanted to build a good sized emergency fund in case something happened. I’ve been unlucky enough to be in an industry as it was on the way down- from the tech bubble to the decline in car sales. Looks like my gut turned out to be right this time..... I least I know my job is trying to keep me while working a plan the company back to work. The second job depends on if we have to close things up again.  The good news in this is that my resume was just updated- and it is gandering some nice attention right now. While I am happy where I am at- I have started the search just in case. I am hoping everyone here is doing well, and get to enjoy some family and car time....... 🙂 
    • The impact on housing prices has been negligible.  I'm one of those people who loves looking at the R.E. sites. Anyway, check out these HIGH gas prices ... ... and check out that mint Buick Skylark coupe ... for sale ... see sign in rear window!  This was around Christmas 2013 and in Seattle's Ballard neighborhood, which was once mostly Nordic and working class and, in the last few decades, became very in demand and full of new condos, like the complex beyond.  Its balconies and windows would have a view of the either the Ballard Locks or the Ship Canal.
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