Jump to content
Sign in to follow this  
William Maley

GM News: More Downtime Comes To GM's Lordstown Plant

Recommended Posts

General Motors has extended the plant shutdown at their Lordstown, Ohio plant by 'several weeks' as a way to help cut back on the inventory of the Chevrolet Cruzes.

According to The Detroit News, workers at the plant were notified of the extension this morning. GM did not say how long the extension would be. Robert Morales, president of UAW Local 1714 said the union doesn't have any information on how long the shutdown will last.

GM has been trying to reduce the amount of Cruzes sitting around. Back in November, GM cut a shift at the plant which affected 1,243 workers. The good news is that Cruze inventory has dropped from a 121-day supply that we reported in December to around a 100-day supply. 

Cruze sales in January increased 38.9 percent to 19,949 units.

Source: The Detroit News
Pic Credit: William Maley for Cheers & Gears


View full article

Share this post


Link to post
Share on other sites

Small car market is still slow plus way too big msrp's = plant shutdown. 

Gas prices will go up though.  

Old Cruze was so well known and recognized. The new one isn't recognizable in comparison. There hasn't been any advertising either really. 

Get the price down. Advertise it. Hope gas prices go up a bit. 

New equinox will sell yuge

 

Share this post


Link to post
Share on other sites

While it does not need to drop to cavalier/cobalt prices, a drop is really needed.

They have cheap leases, which will help, but it's going to dump a bunch back in a few years driving down value to cavalier like levels. Time to throw some cash on the hood and get it back under 20 grand for a start....

Share this post


Link to post
Share on other sites

Here is what I see.

#1 The car looks too much like most other cars on the market. The last gen at least stood out.

#2 I would not lower the price but I would do a better job on packages and bring more added value to the models going head to head with Kia and Hyundai. Price per month is the major point to this class and if you can offer a better optioned car for the same price the better you will do. Lest face it the better car in this class does nto always lead sales.

#3 Market this car better. I see so little on it and I suspect with it blending in with the other imports many miss out what it is. They recently marketed the hatch but not so much the sedan.

Finally. lets face it this is not the most styling car GM has. Not bad but they have and could do better. Even the Volt with the slight changes looks better. Even the Hatch was an improvement.

The last Cruze was really a well balanced and well done car and the going will be tougher for this car now that it has fallen in line with the others.

I know someone will come in here saying oh we need a SS and the Diesel but even then that is going to account for less than 15K cars at best.  They need to address the core mid pack model in price, options and styling.

I suspect there will be changes but not for 2 years.

Edited by hyperv6

Share this post


Link to post
Share on other sites

When did the new Cruze go on sale?  I think I've only seen two so far, both on a Chevy dealer's lot.  They seem invisible.  

When did the new Cruze go on sale?  I think I've only seen two so far, both on a Chevy dealer's lot.  They seem invisible.  

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  



  • Similar Content

    • By William Maley
      General Motors' self-driving unit, Cruise got a huge boost today from Honda. Today at a press conference, the two companies announced a new deal where Honda will invest $2.75 billion ($750 million upfront for a 5.7 percent stake and the remainder to be invested over the next 12 years) and will work together on developing a purpose-built self-driving vehicle.
      Speaking at GM's technical center in Warren, MI, CEO Mary Barra said Honda would provide "additional engineering, design, and technology expertise" and help assist Cruise's “global reach and the ability to deploy at-scale.”
      “Together, we can provide Cruise with the world’s best design, engineering and manufacturing expertise, and global reach to establish them as the leader in autonomous vehicle technology – while they move to deploy self-driving vehicles at scale,” said Barra in a statement.
      Honda's investment comes five months after Japanese holding conglomerate SoftBank invested $2.25 billion into the unit.
      Source: Automotive News (Subscription Required), General Motors


      Honda Joins with Cruise and General Motors to Build New Autonomous Vehicle
      Honda investment of $750 million values Cruise at $14.6 billion SAN FRANCISCO — Cruise and General Motors Co. (NYSE: GM) announced today that they have joined forces with Honda (TYO: 7267) to pursue the shared goal of transforming mobility through the large-scale deployment of autonomous vehicle technology.
      Honda will work jointly with Cruise and General Motors to fund and develop a purpose-built autonomous vehicle for Cruise that can serve a wide variety of use cases and be manufactured at high volume for global deployment. In addition, Cruise, General Motors and Honda will explore global opportunities for commercial deployment of the Cruise network.
      Honda will contribute approximately $2 billion over 12 years to these initiatives, which, together with a $750 million equity investment in Cruise, brings its total commitment to the project to $2.75 billion.
      In addition to the recently announced SoftBank investments, this transaction brings the post-money valuation of Cruise to $14.6 billion.
      “This is the logical next step in General Motors and Honda’s relationship, given our joint work on electric vehicles, and our close integration with Cruise,” said General Motors Chairman and CEO Mary Barra. “Together, we can provide Cruise with the world’s best design, engineering and manufacturing expertise, and global reach to establish them as the leader in autonomous vehicle technology – while they move to deploy self-driving vehicles at scale.”
      “Honda chose to collaborate with Cruise and General Motors based on their leadership in autonomous and electric vehicle technology and our shared vision of a zero-emissions and zero-collision world,” said Honda Executive Vice President and Representative Director COO Seiji Kuraishi. “We will complement their strengths through our expertise in space efficiency and design to develop the most desirable and effective shared autonomous vehicle.”
      “With the backing of General Motors, SoftBank and now Honda, Cruise is deeply resourced to accomplish our mission to safely deploy autonomous technology across the globe,” said Cruise CEO Kyle Vogt. “The Honda partnership paves the way for massive scale by bringing a beautiful, efficient, and purpose-built vehicle to our network of shared autonomous vehicles.”

      View full article
    • By William Maley
      General Motors' self-driving unit, Cruise got a huge boost today from Honda. Today at a press conference, the two companies announced a new deal where Honda will invest $2.75 billion ($750 million upfront for a 5.7 percent stake and the remainder to be invested over the next 12 years) and will work together on developing a purpose-built self-driving vehicle.
      Speaking at GM's technical center in Warren, MI, CEO Mary Barra said Honda would provide "additional engineering, design, and technology expertise" and help assist Cruise's “global reach and the ability to deploy at-scale.”
      “Together, we can provide Cruise with the world’s best design, engineering and manufacturing expertise, and global reach to establish them as the leader in autonomous vehicle technology – while they move to deploy self-driving vehicles at scale,” said Barra in a statement.
      Honda's investment comes five months after Japanese holding conglomerate SoftBank invested $2.25 billion into the unit.
      Source: Automotive News (Subscription Required), General Motors


      Honda Joins with Cruise and General Motors to Build New Autonomous Vehicle
      Honda investment of $750 million values Cruise at $14.6 billion SAN FRANCISCO — Cruise and General Motors Co. (NYSE: GM) announced today that they have joined forces with Honda (TYO: 7267) to pursue the shared goal of transforming mobility through the large-scale deployment of autonomous vehicle technology.
      Honda will work jointly with Cruise and General Motors to fund and develop a purpose-built autonomous vehicle for Cruise that can serve a wide variety of use cases and be manufactured at high volume for global deployment. In addition, Cruise, General Motors and Honda will explore global opportunities for commercial deployment of the Cruise network.
      Honda will contribute approximately $2 billion over 12 years to these initiatives, which, together with a $750 million equity investment in Cruise, brings its total commitment to the project to $2.75 billion.
      In addition to the recently announced SoftBank investments, this transaction brings the post-money valuation of Cruise to $14.6 billion.
      “This is the logical next step in General Motors and Honda’s relationship, given our joint work on electric vehicles, and our close integration with Cruise,” said General Motors Chairman and CEO Mary Barra. “Together, we can provide Cruise with the world’s best design, engineering and manufacturing expertise, and global reach to establish them as the leader in autonomous vehicle technology – while they move to deploy self-driving vehicles at scale.”
      “Honda chose to collaborate with Cruise and General Motors based on their leadership in autonomous and electric vehicle technology and our shared vision of a zero-emissions and zero-collision world,” said Honda Executive Vice President and Representative Director COO Seiji Kuraishi. “We will complement their strengths through our expertise in space efficiency and design to develop the most desirable and effective shared autonomous vehicle.”
      “With the backing of General Motors, SoftBank and now Honda, Cruise is deeply resourced to accomplish our mission to safely deploy autonomous technology across the globe,” said Cruise CEO Kyle Vogt. “The Honda partnership paves the way for massive scale by bringing a beautiful, efficient, and purpose-built vehicle to our network of shared autonomous vehicles.”
    • By William Maley
      General Motors is recalling 1,015,918 pickup trucks from the 2015 model year due to a problem with the electric power steering (EPS) system. In a letter published by the National Highway Traffic Safety Administration yesterday, the EPS may momentarily lose assist before regaining it.
      "If EPS assist is lost and then suddenly returns, the driver may have difficulty steering the vehicle, especially at low speeds, increasing the risk of a crash," wrote NHTSA.
      The models affected include,
      Cadillac Escalade Chevrolet Silverado Chevrolet Suburban Chevrolet Tahoe GMC Sierra GMC Yukon The fix is simple as dealers will update the EPS software. No word on when GM will begin the recall.
      GM issued a similar recall for about 700,000 Chevrolet and GMC trucks in the US last year.
      Source: NHTSA (PDF)
      Pic Credit: William Maley for Cheers & Gears

      View full article
    • By William Maley
      General Motors is recalling 1,015,918 pickup trucks from the 2015 model year due to a problem with the electric power steering (EPS) system. In a letter published by the National Highway Traffic Safety Administration yesterday, the EPS may momentarily lose assist before regaining it.
      "If EPS assist is lost and then suddenly returns, the driver may have difficulty steering the vehicle, especially at low speeds, increasing the risk of a crash," wrote NHTSA.
      The models affected include,
      Cadillac Escalade Chevrolet Silverado Chevrolet Suburban Chevrolet Tahoe GMC Sierra GMC Yukon The fix is simple as dealers will update the EPS software. No word on when GM will begin the recall.
      GM issued a similar recall for about 700,000 Chevrolet and GMC trucks in the US last year.
      Source: NHTSA (PDF)
      Pic Credit: William Maley for Cheers & Gears
    • By William Maley
      From 2010 to 2014, the Chevrolet Camaro was undisputed sales champion of the U.S. sports cars. But since 2015, the Camaro has been falling behind the likes of the Ford Mustang. At the time, Chevrolet officials were okay with giving up some volume to boost profitability. Unlike Ford which started focusing on lower-end models, Chevrolet decided to target performance-oriented models with high price tags. 
      But this year, the Camaro has been outsold by both the Mustang and Dodge Challenger - the latter using a platform that is over a decade old. Chevrolet is now planning to fight back by focusing on the lower-end of the market, a place where Ford and Dodge have been making big inroads.
      "Frankly, they've been eating our lunch. The low [transaction prices] of a four-cylinder ... that's where the bulk of the sales are and that's where our pricing strategy needed improvement. We plan to go head to head — and win," said Al Oppenheiser, chief engineer of the Camaro to Automotive News.
      Chevrolet has cut prices on the Camaro 1LS, 1LT, and 2LT as part of the 2019 refresh. They have also introduced a 1LE version for the 2.0L turbo-four to better compete with the Mustang EcoBoost. The 1LE brings a chassis package from the 1LE V6, 20-inch wheels, and a six-speed manual for only $30,995 (includes shipping).
      "What's happening in the sport car segment, there's a lot more volume in the low-to-mid part of the market. We do a phenomenal job with our loaded SS's, and it's great business for us, but the reality is there's an awful lot of people who just want a great looking sports car somewhere in that $30,000 range, and that's what we're going to deliver," said Steve Majoros, Chevy's marketing director for cars and crossovers.
      Karl Brauer, executive publisher of Kelley Blue Book said Chevrolet adding the 1LE package for the turbo-four Camaro will allow it to be better compete with the Mustang. But he also questioned whether Chevrolet went far enough with the 2019 refresh to address some of styling issues that have turned off some buyers.
      "It doesn't hurt to have a lot of value for the money. I just wonder if that alone is the real stumbling block," said Brauer.
      "It just doesn't have the personality that the other two cars offer."
      Source: Automotive News (Subscription Required)

      View full article
  • My Clubs

  • Recently Browsing

    No registered users viewing this page.

  • Reader Rides

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×