Industry News
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GM Getting Sales Momentum Core Brands up 30% Fourth Consecutive Month of Retail Sales Gains for GM’s Four Brands Chevy Equinox, GMC Terrain and Cadillac SRX Retail Sales Up 161 Percent Fleet Sales Comprise 29 Percent of Total Sales Chevrolet Equinox retail sales increased 67 percent; estimated retail share of the compact crossover segment is up 5 points (Jan. 2009 vs. Jan. 2010) GMC Terrain retail sales were up 162 percent (compared to the vehicle it replaces, Pontiac Torrent); estimated retail share of the compact crossover segment is up more than 3 points (Jan. 2009 vs. Jan. 2010) Cadillac SRX retail sales were up 218 percent vs. last year, the fifth consecutive …
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GM hits the brakes on Opel deal; no signing with Magna this week GM negotiators stop the Opel - Magna deal. Story HERE
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GM Holiday Ornaments You can reserve your 2009 Holiday ornaments through CheersandGears.com. They will be $19.50 each plus priority mail shipping. Reservations must be in and paid for by November 25th, 2009!! You can add each to your cart and pay for them all at once. Reserve the GMC Ornament Reserve the Cadillac Ornament
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GM Increases Production Of The Volt GM has announced the Volt will being seeing an increase in production for the 2012 model year. GM Increases Production Of The Volt
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GM Increases Stake of GM Daewoo GM has raised its stake from 50.9% to 70.1%. Follow the jump for details. Discussion: GM increases stake in Daewoo
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https://www.barrons.com/articles/gm-posco-ev-battery-supply-partnership-51638381203?siteid=yhoof2
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Guess they're planning on building more trucks and SUVs this year. Link here: http://www.motortrend.com/news/gm-spends-148-million-boost-production-v-8-engines-trucks/
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GM is Back! Reports Net Income of $3.2 Billion GM Reports first quarter profits of $3.2 Billion on $36.2 Billion in Revenue
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As I write this light sweet crude oil has topped $75 a barrel. Hear me out. As I've said before Global Peak Oil Production is going to hit the industrialized world like a ton of bricks in the face. It's already begun. The smallest rumors in petroleum or gasoline disruption magnify themselves many times in price increases. Gasoline will be over $5 a gallon nationwide soon. Meanwhile, GM is making investments in large SUVs, crossovers, V-8 powered RWD sedans and mending its "performance" and "luxury" nameplates because that's where the profit is. For now. Soon, these vehicles will be languishing on the lots with HEAVY incentives despite their goodness. GM would d…
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GM July Sales of 189,443 Marks Month-over-Month Sales Increase July month-over-month retail sales increase led by core brands: Chevrolet, GMC, Buick and Cadillac which were up 12 percent collectively compared with June. Click here or on Headline for Story Link Other Sales Numbers (click on numbers to go to story) Toyota Motors Corporation - 174,872 Ford Motor Company - 158,838 American Honda - 114,690 Chrysler Group LLC - 88,900 Nissan Motors - 71,847 Mitsubishi Motors - 31,314 BMW North America - 21,253 Mercede Benz - 16,228 American Suzuki - 3,507
Last reply by Justin Bimmer, -
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GM Kills Zeta and future RWD plans, Camaro and G8 only Zetas to make it to US, Sigma to soldier on. Nothing like some bad news to be announced just when things are looking positive. On the heels of the Detroit Auto Show. GM has announced that Zeta is officially dead, and only the G8 and Camaro will see American shores. Bob Lutz stated that Sigma will have to solider on, blaming the cancellations and halted development on increasingly tough fuel economy standards. He even goes so far as to say traditional RWD companies may have to rethink which wheels power the car to meet fuel economy standards: “And I suspect the same thing is going to start to bite the tradition…
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New GM will take on future product liability claims, but not the current ones, against Old GM New developments state that GM has agreed to be responsible for future old GM liabilities but not the current ones. Full Story
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GM May Give Opel Away General Motors wants out of Opel, and according to new reports, it is willing to let the German automaker go without receiving any money for it. The only requirement is that the buyer must inject €500 million (around $652M USD) into Opel for operations. Follow the jump for details. http://www.cheersandgears.com/index.php?showtopic=31025
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GM moves one step closer to spinning off or closing Saturn. As expected, GM has started on its plan to close down or sell off the Saturn brand. To get the full story follow the jump. http://www.cheersandgears.com/index.php?sh...c=28407&hl=
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Link: http://www.apple.com/business/profiles/trek/
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GM North American design chief Bryan Nesbitt to run Cadillac, report to Lutz Cadillac's interim general managers, Steve Hill and Steve Shannon, will be reassigned to as-yet-unannounced roles within General Motors. Story Link
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GM Outlines 90 Day Progress Report DETROIT - General Motors today outlined progress it has made toward achieving commitments in its business plan, including implementing a leaner structure, building stronger brands, and driving a company culture that puts the customer at the center of everything it does. Since launching the new company on July 10, GM has made demonstrable progress in positioning the company for success; putting in place a new global operating structure, a leaner and more streamlined executive leadership team, and a reconstituted Board of Directors. Emerging is a new GM with a cleaner balance sheet, fewer employees, an improved cost structure, a s…
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GM plans to double sales in Japan by 2011. If you think GM's sales have been on the decline in the US, it's even worse over in Japan. This year saw sales decline to a mere 2,000 units, down from 50,000 in 1996. GM plans to address the issue and aims for a modest increase of 2,000 units for by 2011. Follow the jump to find out how they plan to do it. http://www.cheersandgears.com/index.php?showtopic=27789
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GM posts $1.2 billion loss, says it will begin to repay U.S. loans DETROIT -- General Motors Co. posted a $1.15 billion loss during the third quarter following its exit from bankruptcy and spelled out plans to begin repaying $6.7 billion in U.S. loans. "We have significantly more work to do, but today's results provide evidence of the solid foundation we're building for the new GM," CEO Fritz Henderson said in a statement. The "managerial net loss" was for the period of July 10, the day GM exited 39 days of court protection, through Sept. 30. For the full quarter a year earlier, GM had an operating loss of $4.2 billion and a net loss of $2.5 billion. Discussion -…
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GM POSTS $1.3-B NET INCOME FOR SECOND QUARTER General Motors earned $1.3 billion in the second quarter, mostly in North America, which more than offset a $200-million loss in Europe and smaller profits from the rest of the world. Read the news here.
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GM Posts $865 Million 2010 Q1 Profit DETROIT, Mich. – General Motors Company today announced its first quarter 2010 results, marked by revenue of $31.5 billion and operating income of $1.2 billion. Net income attributable to common stockholders was $0.9 billion, resulting in earnings per share on a diluted basis of $1.66. GM's first quarter adjusted earnings before interest and tax (EBIT) was $1.7 billion, after adjusting for the favorable impact of the sale of the Saab brand. GM North America had EBIT in the first quarter 2010 of $1.2 billion, up from a loss of $3.4 billion in the fourth quarter 2009. GM Europe had a loss before interest and taxe…
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GM prepping Saab to stand alone It seems that GM's plan to rid itself of Saab is being put into motion. GM plans to grant Saab control over its finances and decisions. The idea is to make it looks more appealing to potential buyers, and more than just a bunch of Opels in Swedish attire. Follow the jump to learn more about this development. http://www.cheersandgears.com/index.php?sh...c=27803&hl=
Last reply by Intrepidation, -
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Very good news for them here and abroad although there is still much that needs to be done in Europe. This is also a direct result of reducing their dependency on rental sales while increasing their retail sales. http://www.motortrend.com/news/gm-posts-strong-q2-results-net-income-157-percent/
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Everyone needs to check this out. http://centurylink.net/news/read/category/news/article/the_associated_press-venezuelas_opposition_seeks_to_keep_pressure_on_ma-ap
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. GM recalls 5,000 vans with serious fire risk. Tells owners to park outside, away from everything. 5,000 Chevrolet Express and GMC Savana vans recalled.
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Link: http://media.gm.com/media/us/en/gm/home.detail.html/content/Pages/news/us/en/2016/feb/0203-2015-4th-qtr-earnings.html
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. GM reportedly delays board meeting as new Swedish bidders emerge for Saab Spyker still in the mix and another potential Swedish group is putting something together GM reportedly delays board meeting as new Swedish bidders emerge for Saab
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GM Reportedly has three possible $100-$200M Offers for Hummer, SAIC may buy Buick It seems GM is one step closer towards selling off the Hummer band, while China Business News reports that SAIC wants to buy Buick. Follow the jump for more details. http://www.cheersandgears.com/index.php?showtopic=30087
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GM reveals production Cadillac CTS Coupe GM has revealed via it's Viability Plan the production version of the CTS Coupe. Follow the jump to see the details and access the full viability plan. http://www.cheersandgears.com/index.php?showtopic=28289
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_ GM Revives Regal GS with new Concept GM's new concept based on the Opel Insignia OPC brings the Regal GS name back. Continue reading to learn more. GM Revives Regal GS with new Concept
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In the recent Yahoo news brief on the Avenir, there was a VERY significant line from the article. It is : >>"The Avenir is a “concept car” Buick isn’t manufacturing yet, but the concept alone reflects a major shift in the way Buick’s parent General Motors (GM), and other big automakers, are bringing cars to market."<< You see it?? It's taken years, but I am finally seeing increasing mention of the GM brands as distinct entities again, rather than the media continually defaulting to the 'General Motors' umbrella. Here it is specifically : "...Buick isn’t manufacturing…" and "...Buick’s parent General Motors…" Over much of the last 2 decades…
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GM Sees First Monthly Sales Increase in 21 Months For the first time in 21 months, General Motors is on track to see its first monthly sales increase compared to the same time period a year ago, the company said today. While official results will be announced next week, all signs point to a good month, according to Mike DiGiovanni, GM's executive director of global market and industry analysis. "We're really having a good October," he said. DiGiovanni added that about 95% of the sales for the month are coming from the company's four core U.S. brands — Chevrolet, Buick, GMC and Cadillac. A year ago, those brands comprised about 85% of the company's sales. …
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GM shows Cadillac 3 series-fighting ATS, all-new XTS, 2012 Malibu Tomorrow morning at 8:00 AM EST, General Motor's President and CEO, Fritz Henderson, will be hosting a webcast to update the public and the media on the automaker's turnaround efforts, during which Henderson is expected to make a new product announcement. Autoblog has some info involving some of GM's upcoming models and concepts. Follow the Jump for details Story Link
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We can confirm that GM and BMW are in talks to explore the possibility of a cooperation on Technologies, such as fuel cells. (Short and sweet, I like that, but key in on the word "Technologies", so it's not just fuel cells) ... Link: http://goo.gl/UCMFP
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_ GM to announce Chevy Volt pricing/ordering on Tuesday After three long years, GM will finally announce the pricing for the Chevrolet Volt tomorrow. There will also be a live online webchat with Volt Marketing Director Tony DiSalle following the announcement. Follow the jump for a brief press release and discussion.
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GM to boost output due to clunkers incentives The increases include an extra day of work at the Lordstown, Ohio, assembly plant and increased hours at a factory in Orion Township, Mich., said the union officials, who asked not to be identified because the announcement, expected Tuesday afternoon, had not been made. Story Link
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GM to cut 4,000 more white-collar jobs by year end This in addition to 2,000 white-collar jobs already cut. Story Link
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GM to Declare Bankruptcy 6/1/09 The day of reckoning is upon us as GM is expected to file for Chapter 11 Bankruptcy Protection early Monday morning. Follow the jump for details. http://www.cheersandgears.com/index.php?showtopic=33709
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GM to name Dewar as Chevrolet chief in brand shake-up This is part of a leadership shake-up at two of the four surviving U.S. brands. Story Link
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GM to offer 60 day money back guarantee on all new vehicle purchases With new commercials featuring General Motors Chairmen Edward Whitacre telling America that GM wants to put its money where its mouth is, GM is hoping to drum up showroom traffic and purchases with this new offer. Ed Whitacre rolls out new GM 60 day mony back guarantee
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GM to Offer Wi-Fi Access in All of Its Vehicles As a dealer installed option, hardware prices start at $500 and service prices start at $29.99 per month for 1GB of data transfer. Discuss which GM car or truck would be best for this new wifi option HERE.
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GM to put electric Cadillac Converj into production News about the new Voltec Cadillac has dealers excited and Cadillac mum, but it looks like the Converj is a go! Find out the full details behind the Cadillac Converj in the discussion forum.
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GM to recall 1,350 Employees that is. This is the kind of GM recall we like hearing about. LORDSTOWN — A second shift is being called back to work at the General Motors Lordstown Complex to meet consumer demand for the Lordstown-built Chevrolet Cobalt and to gear up for production of the new Chevy Cruze later in the year. GM recalls 1,350 employees
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GM to reimburse dealers until Cash for Clunkers rebates arrive The last thing GM wants its dealers to do is stop selling cars because they don't get the CARS money fast enough. So GM is stepping up to bridge the gap between the time a dealer submits a request for reimbursement and the government gets around to paying it. GM will begin providing cash advances equal to the amount of C4C rebates ($3,500-$4,500 per vehicle) to its dealers for every vehicle already sold under the program and any new transactions going forward. GM to reimburse dealers until Cash for Clunkers rebates arrive
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GM to Spend $2 Billion to Facilitate Delphi Sale Parnassus Holdings II LLC of California, an affiliate of Platinum Equity, will operate Delphi's businesses both in the U.S. and abroad. Story Link
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GM to spin off Opel, Retain Stake On the heals of an Opel employee protest comes the news that GM will spin off 25-50 percent of its stake in Opel. Follow the jump to see the full story. http://www.cheersandgears.com/index.php?sh...c=28460&hl=
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GM Unveils 2-year Product Plan General Motors Co., trying to build confidence in the marketplace after a stint in Bankruptcy Court, unveiled its two-year product. Follow the jump for all the details on the future of GM. Story Link
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The Caprice is Back GM unveils 355 hp Chevy Caprice police car based on zeta. Chevrolet decides to bring the Caprice over from Australia specially outfitted for use by law enforcement. Discuss the new Chevrolet Caprice HERE More photos and video HERE History of Chevrolet police cars HERE
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_ GM Unveils Aveo RS Concept In a sign of thing to come for the next Aveo, GM has unveiled the Chevolet Aveo RS Concept. GM Unveils Aveo RS Concept
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_ GM unveils Chevrolet Cruze hatchback for Europe GM has unveiled the first images of the upcoming Cruze hatch ahead of its debut at the Paris Motor Show. Follow the jump for details.
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Interesting comparisons... I don't believe it's been posted here before: http://www.npr.org/news/specials/gmvstoyota/
Last reply by Ravenfreak13, -
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GM Yields Sales Crown to FORD, or Did They? Motley Fool Report Interesting read, Ford won the month of May due to dumping a ton of auto's on the rental fleet market. GM had higher ATP than Ford, taking out rental sales, GM was the leader in North America. Some interesting takes on inventory on hand and how each company is dealing with the slow down. Read and sound off
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GM, Chrysler to Receive More Federal Aid General Motors Corp. and Chrysler LLC are expected to receive about $5 billion in additional federal short-term aid respectively as the work towards long term viability in the down market. Follow the jump for more details. http://www.cheersandgears.com/index.php?showtopic=30607
Last reply by Intrepidation, -
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GM, Chrysler Unveil Viability Plan Follow the jump to read the entire article and find out all the details of what GM (and Chrysler) plan to do to survive. http://www.cheersandgears.com/index.php?sh...=28275&st=0
Last reply by Intrepidation, -
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link to article
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GM, Ford US sales slide continues in January By Poornima Gupta Mon Jan 30, 11:28 AM ET DETROIT (Reuters) - General Motors Corp. (NYSE:GM - news) and Ford Motor Co. (NYSE:F - news) lost additional U.S sales and market share to Japanese rivals in January, analysts said, as consumers' shift toward more fuel-efficient vehicles left Detroit's top automakers in the slow lane. Wall Street expects GM and Ford, whose U.S. share has declined steadily over the last decade, to report sales slides of as much as 10 percent when the industry releases results on Wednesday. Toyota Motor Corp.(7203.T) is seen posting a gain of about 10 percent. "Imports and transplants have eaten D…
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GM, Koenigsegg sign deal on Saab sale General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. Follow the jump for details. http://www.cheersandgears.com/index.php?sh...c=39946&hl=
Last reply by Intrepidation, -
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GM: 7,500 Workers Take Incentives, Leave. GM says 7,500 hourly workers take incentives to leave, 12 percent of US work force. Follow the Jump for full details. http://www.cheersandgears.com/index.php?sh...c=29065&hl=
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On September 15, 2008, Automotive News will publish a special edition on the 100th Anniversary of General Motors. The cost of this special issue will be $24.95 US, more if you want overnight shipping. If you want to reserve a copy here is the link. Hopefully you won't have to be a subscriber to order it. Link: http://sectest.crain.com/survey/an/cgi-bin/gm100.pl
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GM's Bob Lutz Reverses Retirement Decision, May Lead Global Marketing Wall Street Journal reports, however, GM PR is mum on this decision. Full Story
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GM's Diesel for North America: Really needs a good name GM's 2.9 Liter V6 Clean Diesel for Europe On Monday, GM Vice Chairman Tom Stephens said at an energy efficiency conference that GM would release a diesel powered car for sale in the U.S. sometime in the future. Vague words at best, but still it managed to perk the ears of those of us who love torque. Only... how do they go about marketing such a thing? Read more after the jump: GM's Diesel for North America: It need a good name
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GM Announces CEO Succession Process Dan Akerson to Become CEO, Whitacre Remains Chairman DETROIT – General Motors today said that Edward E. Whitacre, Jr. will step down as chief executive officer on September 1, 2010, and as chairman of the board by the end of the year, having successfully led the company's return to profitability after the most turbulent period in its history. Ed Whitacre stepping down as CEO
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GM's Lutz: Now the gloves are off Bob Lutz promises to take on competitors shot for shot as the carmaker's marketing head. Story Link
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I'm not a finance brainiac, but it sounds pretty good. Anyone who cares to explain it in more detail is free to. Here's the link: http://www.automobilemag.com/features/news/gm-reports-record-quarterly-pre-tax-profit-of-3-1-billion-for-q3-2015/
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FOR RELEASE: 2007-07-17 Auto Insurance First: Technology Lets Americans who Drive Less, Pay Less GMAC Insurance rolls out nationwide discount program for low-mileage driving; leverages in-vehicle OnStar by GM technology to save up to 54% on premiums DETROIT AND ST. LOUIS – Today, GMAC Insurance and OnStar announced the rollout of the Low-Mileage Discount program where Americans who drive less, pay less on their auto insurance. The opt-in program is the first of its kind leveraging state-of-the-art technology using OnStar to allow customers who drive fewer miles to benefit from substantial savings. Eligible active OnStar subscribers simply sign up to save on their…
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GMAC Bank Changes Name to Ally Bank In an effort to help improve its image, GMAC Bank, owned by GMAC LLC, is switching its name to Ally Bank Full Story
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Link
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GMC Takes the covers off the 2010 GMC Granite Concept Detroit - North American International Autoshow. GMC Takes the covers off their 2010 Granite concept
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GM North America President Troy Clarke Answers Your Questions on Friday at 10:00 AM Eastern Follow the link to submit your questions to be answered! Story Link
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Go Lutz Yourself: what luxury means in the modern era
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http://www.roadandtrack.com/car-culture/a25915/go-lutz-yourself-the-luxury-problem/ Cadillac was fine in the Thirties, Forties, and Fifties, and then it went downhill, along with Lincoln. That's going to be tough to get back. It can only come from focused and consistent messaging on the excellence of the car, and it's got to be accompanied by dynamite styling. For Cadillac and Lincoln, the priority should be to build the best-looking full-size sedan in the world. If everything you do is the best looking with the best trim, the best leather, and the biggest wheels, the performance just has to be adequate. The car doesn't have to win every high-performance comparison t…
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I'm not sure how Motor Trend releases COTY winners online anymore. But if their link is anything to go by, only a split decision on the styling keeps it from being the perfect ponycar: http://www.motortrend.com/news/chevrolet-camaro-2016-motor-trend-car-of-the-year-finalist/
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Anyone seen much about this entity? "Super luxury line with NG V-16". http://www.godsilmotorcars.com/vision.html https://twitter.com/GodsilMotorcars
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Thanks for decades of hard work and multiple game-changing products. • 1924~2019 •
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Going Yellow Given a Yellow Light A move by the nation's largest product-safety laboratory to remove its approval of ethanol fuel pumps has frozen the rollout of new ethanol stations and cast doubt on the legal status of the roughly 1,000 stations already selling E85 fuel. Without certification from Underwriters Laboratories, the company that tests thousands of products for safety and manages the "UL" symbol, state officials and ethanol industry executives say E85 pumps may run afoul of state and local fire codes that require "listed" equipment for pumping fuel. A fire marshal in Columbus, Ohio, ordered two E85 pumps shut down last week because of a lack of UL approva…
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source: http://www.wsj.com/articles/google-sees-self-drive-car-on-road-within-five-years-1421267677 source: http://www.zdnet.com/article/self-driving-cars-longer-will/ Well it appears that Google sees self Driving cars becoming popular mush sooner than Car Makers do, I'm not really all that surprised by that a Google has always been more innovative than what the Car Companies have been (Why mess with something that works). Im curious over what everyone else thinks about this. How soon do you expect Self Driving cars to be popular, how much longer until they are mainstream? I personally don't see them being popular for another 20 years, and not mainstream for…
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This is GREAT news! ----------------------------------------- Hillary, Granholm join political push to aid auto industry By Daniel Howes / The Detroit News Daniel Howes Comment on this story Send this story to a friend Get Home Delivery The political free-for-all to "save" Detroit's automakers is under way. Guess who's the first heavy-hitter to take Motown's case to the White House? Not Gov. Jennifer Granholm. Not Sens. Carl Levin or Debbie Stabenow. Not legendary Rep. John Dingell, Big Auto's fiercest defender on Capitol Hill. It's Sen. Hillary Rodham Clinton, D-N.Y., who beat Granholm & Co. to the punch l…
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September 12, 2008 - 12:01 am ET UPDATED: 9/12/08 1:31 p.m. EDT WASHINGTON (Reuters) -- The U.S. government should not back $25 billion or more in loans to help General Motors and the other domestic auto companies, the top Republican on the Senate Banking Committee said on Friday. "I would say no to them," Richard Shelby of Alabama said as Democratic leaders of the House of Representatives and Senate seek to push through a measure in the coming weeks that is necessary to put the credit program in motion. "I don't see this as a national problem," Shelby said in an interview on CNBC television. "I see this as their problem." He also noted the government -- which …
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newsweeek-print newsweek-article
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There was much talk earlier this spring about so called “green shoots” in the economy by talking heads trying to coin a phrase that would stick. Unfortunately for us, they had very little evidence to back up such statements. Housing was still tanking, unemployment was still skyrocketing, and GM and Chrysler were swirling down the toilet of bankruptcy. I’ve been rather pessimistic on the economy for a while now. As recently as April I was predicting a long drawn out recovery. I also predicted that a second wave of foreclosures coming from a type of mortgage called Option ARMs would start carpet bombing the economy all over again. Well, unlike a certain ex-President of ou…
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Can you say "President Pelosi?"
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Dec. 17, 2010 (PR Newswire) -- AUBURN HILLS, Mich., Dec. 17, 2010 /PRNewswire-FirstCall/ -- BorgWarner announced today that it has signed an agreement to acquire the Traction Systems division of Haldex Group, a leading provider of innovative products for the global vehicle industry headquartered in Stockholm, Sweden. "This acquisition supports our continuing strategy to be a global technology leader in providing powertrain solutions," said Timothy M. Manganello, Chairman and CEO, BorgWarner. "With the acquisition of Haldex Traction Systems, BorgWarner has added a strong and well-respected brand of all-wheel drive products that will compliment our c…
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Halloween Photohunt: Find the meanest, scariest, automotive face Win yourself a $25 Amazon gift card. Follow the link for rules and entry instructions. Cheers and Gears Photohunt Challenge: Meanest, Scariest, Automotive face
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http://www.thestar.com/Business/article/303051
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Milwaukee, WI - Harley-Davidson's fundraising efforts for the Muscular Dystrophy Association (MDA) raised more than $87,000 during the 2007 Sturgis Rally in Sturgis, SD. Harley-Davidson employees, MDA organizers and event volunteers participated in various activities to raise dollars during the event August 4-11. Harley-Davidson and MDA volunteers sold event pins and raffle tickets for a 2008 Harley-Davidson FXSTC Softail Custom motorcycle customized by Willie G Davidson with special Sturgis graphics. As an added feature the motorcycle was fully accessorized with Genuine Motor Accessories installed live at the Harley-Davidson Road Tour Festival site at Rapid City’s Rus…
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Linkity BOSTON - Zipcar is acquiring rival car-sharing service Flexcar in a bid to head off emerging competition from traditional rental car firms that have been adding outlets in urban neighborhoods.... Zipcar, based in Cambridge, Mass., offers 3,500 cars in more than 35 markets in the United States, Europe and Canada — most of them U.S. college campuses — and has more than 120,000 members. Washington D.C.-based Flexcar is smaller, with about 1,500 cars in 15 U.S. markets and 50,000 members. Zipcar has managed to turn profits in major cities where it's been operating a couple years or more. The costs of acquiring cars and parking spots as well as signing up members ma…
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I don't really know what to make of this, really. The LT1 in the Camaro got a fair bit more power, but there are a ton of variables involved too. Any theories? Here's the link: http://blog.caranddriver.com/dyno-shows-2016-chevrolet-camaro-ss-out-muscles-the-corvette/
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Instead of cancelling all of these zeta cars, what if GM petitioned for a special CAFE exemption in exchange for building them all as E-100 Ethanol only? The cars could be optimised with high compression engines and sold at a healthy premium. Not only would they be clean and powerful, and running on domestic fuel, but they could be ambassadors for the expansion of Ethanol's popularity. The demand and buzz would help to drive the infrastructure for E-85 and ethanol in general forward at an increased pace. The cars would then be able to be offered in E-85 form as soon as certain levels of E-85 availability are reached. The other OEMs could do the same. These cars could be…
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High court won't block Chrysler sale Court issues brief, unsigned opinion. Four of nine Justices did not think stay was necessary. Story Link
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Catching the Next Wave: Will High-Tech Muscle Squeeze Sport Compacts? BOB GRITZINGER and RICHARD S. CHANG Published Date: 11/28/05 Sport compact tuners are taking over the world. That’s the unmistakable conclusion you might reach after gazing upon miles of aisles of tricked-out tuner cars, over-the-top parts and wild accessories at the recent Specialty Equipment Market Association show in Las Vegas. There’s one problem: People with ears closest to the thrumming ground think you’re wrong. They think the wave of sport compact tuning that washed over America in the past decade may have crested and is receding from its high water mark. Yes, Honda is back. It is reclaimi…
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Highly charged motoring Electric cars, though a welcome development, are neither as useful nor as green as their proponents claim The Economist DESIGNED especially for city and suburban motoring, this handsome automobile is smooth, quiet and easy to drive, and being powered by electricity it can be charged up at home. Tempting? The sales pitch is not for one of the new electric cars from General Motors, Nissan or Renault, but for a 1905 Victoria Phaeton from Studebaker of South Bend, Indiana. Electric cars have come and gone over the years. Usually an oil crisis has given them a boost; this time it is a combination of oil prices, fears about energy security and clima…
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Holden Zeta export program could be back on? We were tipped off to this story in the Sydney Morning Herald General Motors says it is hopeful of winning a lucrative contract to supply re-badged Holden Commodores to US law enforcement agencies. Holden could soon be exporting Commodores to the United States again. The company's billion dollar export program ground to a halt at the end of last year after Holden's parent company, General Motors, axed the Pontiac brand in the United States. Holden was selling re-badged Commodores as Pontiac G8s in the States. Holden Export program back on?
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G. David Felt - Staff Writer Alternative Energy - www.cheersandgears.com Honda Consolidating Assembly plants in Japan It would seem Evolving is the new Honda buzz word as Honda releases a News Release this morning stating that they will be evolving their automobile production systems in Japan by merging their Saitama assembly line into the Yorii plant consolidating respective production strengths. This evolution will allow them to prepare and better guide the company as they plan and prep for the evolving electrification and intelligence technologies that will become standard in the auto industry. This will allow them to use the Yorii plant as a test bed for glo…
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From GM-Volt.com...
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Autoblog We've gone from $25 billion to $34 billion and back down to $15 billion. The Detroit 3 CEOs have appeared before Congress twice. Congressional Democrats and the White House have spent the last few days wrangling over the final version of a long-in-the-making Auto Rescue/Bailout Bill and just before it's ready to take center stage on the floor of the House and Senate, this happens. House Republicans today have introduced a new bill in the 11th hour as an alternative to the bill we've all been talking about this past week that was engineered by Congressional Democrats and the Bush administration. The new House bill proposes that instead of handing over loans to…
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http://news.yahoo.com/s/ap/economic_forecast The report, conducted by UCLA, predicts 300,000 jobs to be lost in the financial sector, and 800,000 jobs lost total. This could directly affect GMAC, and could possibly adversely affect the entire economy
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How did GM arrive at 230 mpg for the 2011 Chevrolet Volt? Everybody by now knows what the "230" ads were for, but the next question that usually pops into people's head is: "How did GM do that?" Follow the link to find out how. Story Link
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How good a driver are you? Can you properly control your car? Do you pay attention when driving? Are you good at avoiding potential dangers?
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Riding a motorcycle during the winter can be really fun, only as long as you are staying completely protected against the elements with the best quality motorcycle riding safety gears. Of course, you will definitely need a premium helmet to keep the head protected not just from injuries, but also from the harsh temperature, but you will also need a pair of riding gloves to keep the hands from freezing up! Using the gloves for hundreds of kilometers can make it dilapidated and dirty. Here's how to keep them clean and well maintained for your upcoming winter trip. Understanding the types of riding gloves Before we get started with the maintenance ste…
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