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    1. schuby87
      schuby87
      Age: 31
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    • By William Maley
      Another wave of fallout from the Volkswagen diesel emission scandal could be coming later this week in a German court. Reuters reports that Germany’s federal administrative court will be ruling whether or not local governments could ban diesel vehicles. 
      Environmental group DUH sued the Stuttgart and Duesseldorf governments for over levels of diesel particulate matter exceeding European Union limits after Volkswagen admitted to cheating on emission tests. Local courts ordered the governments to ban diesel vehicles that don't conform to current EU standards on days when pollution is bad. The two states where a number of automakers and suppliers reside appealed the decision to the federal administrative court.
      This move could cause serious damage to German automakers as it would cause a fall in resale values and overall sales. Investment Evercore ESI forecasts a five percent drop in diesel residual values, resulting in a loss of 1.6 billion Euros (about $2 billion) in operating profit "across eight European and U.S. carmakers."
      Source: Reuters

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    • By William Maley
      Another wave of fallout from the Volkswagen diesel emission scandal could be coming later this week in a German court. Reuters reports that Germany’s federal administrative court will be ruling whether or not local governments could ban diesel vehicles. 
      Environmental group DUH sued the Stuttgart and Duesseldorf governments for over levels of diesel particulate matter exceeding European Union limits after Volkswagen admitted to cheating on emission tests. Local courts ordered the governments to ban diesel vehicles that don't conform to current EU standards on days when pollution is bad. The two states where a number of automakers and suppliers reside appealed the decision to the federal administrative court.
      This move could cause serious damage to German automakers as it would cause a fall in resale values and overall sales. Investment Evercore ESI forecasts a five percent drop in diesel residual values, resulting in a loss of 1.6 billion Euros (about $2 billion) in operating profit "across eight European and U.S. carmakers."
      Source: Reuters
    • By William Maley
      The Cadillac XT4 is an important model for the brand as it will give them a competitor in the lucrative compact luxury crossover class. It might also give one of GM's assembly plants some much needed good news.
      Bloomberg has learned from sources that General Motors has started producing test versions of the Cadillac XT4 at their Fairfax Assembly plant in Kansas City. This possibly hints that production of the XT4 could take place here. A GM spokesman declined to comment when asked about this.
      The Fairfax plant has been hit hard by the decline in sales for midsize sedans. Home to the Chevrolet Malibu, the plant has seen the third shift cut last year as Malibu sales dropped 18 percent. 
      Source: Bloomberg

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    • By William Maley
      When the 2019 Chevrolet Silverado and GMC Sierra begin rolling off the assembly line sometime later this year, there will be a larger number of crew cabs.
      GM's vice president of global product development, Mark Reuss tells Automotive News that the company has been "constrained' when it comes to the output of their crew cab pickups, a segment that has seen its popularity increase in recent years. Reuss said the company is planning to increase capacity for crew cabs with their next-generation pickups.
      A Chevrolet spokesman said that crew cabs have grown from more than 50 percent of GM's truck sales in 2013 to more than 60 percent.
      Source: Automotive News (Subscription Required)

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    • By William Maley
      When the 2019 Chevrolet Silverado and GMC Sierra begin rolling off the assembly line sometime later this year, there will be a larger number of crew cabs.
      GM's vice president of global product development, Mark Reuss tells Automotive News that the company has been "constrained' when it comes to the output of their crew cab pickups, a segment that has seen its popularity increase in recent years. Reuss said the company is planning to increase capacity for crew cabs with their next-generation pickups.
      A Chevrolet spokesman said that crew cabs have grown from more than 50 percent of GM's truck sales in 2013 to more than 60 percent.
      Source: Automotive News (Subscription Required)
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