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Found 411 results

  1. 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
  2. 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
  3. When General Motors decided to study the Ford F-150 to help make the next-generation Chevrolet Silverado/GMC Sierra, they sent engineers to the front door of where the F-150 is built. According to Reuters, engineers went on a public factory tour of Ford's Dearborn truck plant to study how Ford was building them. Special attention was paid to workers attaching aluminum body panels to the trucks. After watching and timing the fitment of parts with stopwatches, GM engineers found some problems. “They had a real hard time getting those doors to fit,” said Tim Herrick, executive chief engineer for GM truck programs. Focusing on the doors, engineers bought F-150 doors as parts and took them apart. What they realized is that they could cut weight in their trucks with a combination of aluminum and thinner high strength steel for a lower cost. GM could have gone all-aluminum with their trucks. Herrick said the debate at the company “was a really hotly contested item for us.” But at the end of the day, the decision to use mixed metals will allow for a larger profit on the trucks. “We think we have thousands of dollars advantage (over Ford) just in the aluminum costs. It’s big,” said Herrick. Source: Reuters View full article
  4. When General Motors decided to study the Ford F-150 to help make the next-generation Chevrolet Silverado/GMC Sierra, they sent engineers to the front door of where the F-150 is built. According to Reuters, engineers went on a public factory tour of Ford's Dearborn truck plant to study how Ford was building them. Special attention was paid to workers attaching aluminum body panels to the trucks. After watching and timing the fitment of parts with stopwatches, GM engineers found some problems. “They had a real hard time getting those doors to fit,” said Tim Herrick, executive chief engineer for GM truck programs. Focusing on the doors, engineers bought F-150 doors as parts and took them apart. What they realized is that they could cut weight in their trucks with a combination of aluminum and thinner high strength steel for a lower cost. GM could have gone all-aluminum with their trucks. Herrick said the debate at the company “was a really hotly contested item for us.” But at the end of the day, the decision to use mixed metals will allow for a larger profit on the trucks. “We think we have thousands of dollars advantage (over Ford) just in the aluminum costs. It’s big,” said Herrick. Source: Reuters
  5. The Buick Envision finds itself in a tough spot. General Motors has been exporting the model to the U.S. since 2016. But with the on-going trade-war between the U.S. and China, it means the Envision could smacked with a 25% percent tariff. That is why GM is asking for exemption on the model. In a statement provided to Reuters, GM said that it filed the exemption request on July 30th to the U.S. Trade Representative. In the request, GM makes some sound arguments as to why the Envision should be excluded. Price is major factor. If the vehicle is hit with a 25 percent tariff, GM would be forced to pull it from the U.S. unless it wants to a take serious loss on each model. Why not build it here? The Envision has been a target of critics of Chinese-made goods, including leaders of UAW. GM explains that the sales volume of the Envision doesn't justify moving it to the U.S. Last year, Buick only sold 41,040 Envisions in the U.S. In China, Buick moved about 210,000 models. In addition, the current Envision is reaching the end of its current lifecycle before the company could make the preparations to build the model here. GM also makes the argument that the loss of the Envision would put them in a distinct disadvantage against foreign competitors such as Acura and Volvo. You can check out GM's request on regulations.gov website, which is tracking requests for exclusions from the Section 301 tariff. If the Envision does get hit with a 25 percent tariff, GM has already taken some steps to relieve some of the pain. Before the higher import tariffs went into affect, GM shipped in a six-month supply of Envisions that would be hit with the much smaller 2.5 percent tariff. This should keep dealers happy in terms of stock and not having to deal with a higher price. Source: Reuters, Regulations.gov View full article
  6. Tripower is one of General Motors' most revered names. Used on Pontiac V8 engines from 1957-1966, Tripower referred to the use of three two-barrel carburetors on top of the engine. GM is bringing back the name for the next-generation Chevrolet Silverado and GMC Sierra. But in this case, Tripower carries a very different meaning. At the CAR Management Briefing Seminars yesterday, Mike Anderson, GM's executive director of global transmission and electrification hardware engineering said Tripower will now "refer to a suite of technologies that boosts horsepower and fuel economy" for the new 2.7L turbo-four. According to Automotive News, Tripower will include cylinder deactivation, intake valve lift control, and active thermal management. The new engine is expected launch sometime after the new trucks begin arriving at dealers this fall. Source: Automotive News (Subscription Required) View full article
  7. The Buick Envision finds itself in a tough spot. General Motors has been exporting the model to the U.S. since 2016. But with the on-going trade-war between the U.S. and China, it means the Envision could smacked with a 25% percent tariff. That is why GM is asking for exemption on the model. In a statement provided to Reuters, GM said that it filed the exemption request on July 30th to the U.S. Trade Representative. In the request, GM makes some sound arguments as to why the Envision should be excluded. Price is major factor. If the vehicle is hit with a 25 percent tariff, GM would be forced to pull it from the U.S. unless it wants to a take serious loss on each model. Why not build it here? The Envision has been a target of critics of Chinese-made goods, including leaders of UAW. GM explains that the sales volume of the Envision doesn't justify moving it to the U.S. Last year, Buick only sold 41,040 Envisions in the U.S. In China, Buick moved about 210,000 models. In addition, the current Envision is reaching the end of its current lifecycle before the company could make the preparations to build the model here. GM also makes the argument that the loss of the Envision would put them in a distinct disadvantage against foreign competitors such as Acura and Volvo. You can check out GM's request on regulations.gov website, which is tracking requests for exclusions from the Section 301 tariff. If the Envision does get hit with a 25 percent tariff, GM has already taken some steps to relieve some of the pain. Before the higher import tariffs went into affect, GM shipped in a six-month supply of Envisions that would be hit with the much smaller 2.5 percent tariff. This should keep dealers happy in terms of stock and not having to deal with a higher price. Source: Reuters, Regulations.gov
  8. William Maley

    Tripower Making A Comeback At GM

    Tripower is one of General Motors' most revered names. Used on Pontiac V8 engines from 1957-1966, Tripower referred to the use of three two-barrel carburetors on top of the engine. GM is bringing back the name for the next-generation Chevrolet Silverado and GMC Sierra. But in this case, Tripower carries a very different meaning. At the CAR Management Briefing Seminars yesterday, Mike Anderson, GM's executive director of global transmission and electrification hardware engineering said Tripower will now "refer to a suite of technologies that boosts horsepower and fuel economy" for the new 2.7L turbo-four. According to Automotive News, Tripower will include cylinder deactivation, intake valve lift control, and active thermal management. The new engine is expected launch sometime after the new trucks begin arriving at dealers this fall. Source: Automotive News (Subscription Required)
  9. Tesla and General Motors lead the pack when it comes to the sales of plug-in vehicles. Data from Automotive News says Tesla stands at 193,344 vehicles, followed by GM at 181,062, But there arises a problem; once they cross the 200,000 mark, the phaseout of the $7,500 tax credit begins. Tesla is expected to be first with some predicting it taking place next month (provided they don't run into more production troubles). GM will follow sometime next year. Barring some sort of extension of the program, it will put the two automakers in a bit of bind where they'll be playing on an uneven playing field due to increased costs. It should be noted that the tax credit won't disappear. The way the phaseout works is that the $7,500 credit sticks around for two more quarters after the 200,000 mark is reached. After that, the credit is cut to $3,750 for the next two quarters, then it drops to $1,875 for two more quarters before it is gone. "The groundbreakers, the people who forged ahead and got these products out there first, could be at a significant disadvantage now. I don't think it's fair to reward a company that hasn't been as innovative with an incentive that begins when someone else's ends," said Rebecca Lindland, executive analyst at Kelly Blue Book. Industry experts expect GM to take a bigger hit than Tesla due to the credit affecting decisions on "lower-priced vehicles such as the sub-$40,000 Chevrolet Volt more than a $75,000-plus Tesla Model S or X" according to research done by the Institute of Transportation Studies at the University of California-Davis. A study in 2016 bears this out. 40 percent of Chevrolet Volt buyers admit they wouldn't have purchased one without the tax credit. Only 14 percent of Tesla buyers say the same. This likely explains why various GM executives have been pushing the White House for a possible extension of the credit. "At the end of the day, we think having the benefits is great for the customer, because obviously it makes the EV adoption easier and more attractive," GM North America President Alan Batey told Automotive News. Source: Automotive News (Subscription Required) View full article
  10. Tesla and General Motors lead the pack when it comes to the sales of plug-in vehicles. Data from Automotive News says Tesla stands at 193,344 vehicles, followed by GM at 181,062, But there arises a problem; once they cross the 200,000 mark, the phaseout of the $7,500 tax credit begins. Tesla is expected to be first with some predicting it taking place next month (provided they don't run into more production troubles). GM will follow sometime next year. Barring some sort of extension of the program, it will put the two automakers in a bit of bind where they'll be playing on an uneven playing field due to increased costs. It should be noted that the tax credit won't disappear. The way the phaseout works is that the $7,500 credit sticks around for two more quarters after the 200,000 mark is reached. After that, the credit is cut to $3,750 for the next two quarters, then it drops to $1,875 for two more quarters before it is gone. "The groundbreakers, the people who forged ahead and got these products out there first, could be at a significant disadvantage now. I don't think it's fair to reward a company that hasn't been as innovative with an incentive that begins when someone else's ends," said Rebecca Lindland, executive analyst at Kelly Blue Book. Industry experts expect GM to take a bigger hit than Tesla due to the credit affecting decisions on "lower-priced vehicles such as the sub-$40,000 Chevrolet Volt more than a $75,000-plus Tesla Model S or X" according to research done by the Institute of Transportation Studies at the University of California-Davis. A study in 2016 bears this out. 40 percent of Chevrolet Volt buyers admit they wouldn't have purchased one without the tax credit. Only 14 percent of Tesla buyers say the same. This likely explains why various GM executives have been pushing the White House for a possible extension of the credit. "At the end of the day, we think having the benefits is great for the customer, because obviously it makes the EV adoption easier and more attractive," GM North America President Alan Batey told Automotive News. Source: Automotive News (Subscription Required)
  11. Honda and GM have partnered up to develop the next generation of high density extreme fast charging battery packs. Honda and GM have already partnered on Hydrogen cell and motor technology development. Now they sign a multiyear agreement to develop batteries for the next generation of auto's. To quote the news release: "General Motors Co. (NYSE: GM) and Honda (NYSE: HMC) announced an agreement for new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. The next-generation battery will deliver higher energy density, smaller packaging and faster charging capabilities for both companies’ future products, mainly for the North American market." http://www.gm.com/mol/m-2018-jun-0607-gm-honda-battery-cell.html
  12. In April of 2013, Ford and General Motors announced they would be working together on developing new nine and ten-speed automatic transmissions. The nine-speed automatic would be for front-wheel drive models, while rear-drive models got the ten-speed. Already, a number of Ford and GM vehicles are using the ten-speed. But GM will be the only one using the nine-speed. Automotive News reports that Ford is electing to use a new series of eight-speed automatic transmission on their vehicles. The company said the new nine-speed didn't provide enough of an improvement in fuel economy to justify the added cost and weight. According to a source, Ford made this decision before GM began to use this transmission on their production models. "Typically, if anyone gave me a transmission that didn't require much work, outside of tuning it for a specific vehicle, I would take it and run. It's a lot of design work after the fact to come up with their own flavor. It shows there might be some different schools of thought in terms of transmission efficiency," said Dave Sullivan, an analyst with AutoPacific Inc. While GM claims the nine-speed brings “smoother shifts” and a better driving experience, it hasn't brought any real gains to fuel economy. The 2017 Chevrolet Malibu 2.0T only saw an increase of one mpg on the highway when compared to the 2016 model with a six-speed automatic (33 vs. 32). The 2019 Buick Envision 2.0T saw its highway fuel economy drop by one when equipped with the nine-speed auto (25 vs. 26). It should be noted that one of the eight-speed transmissions Ford is using is based on the new nine-speed, minus a gear. Source: Automotive News (Subscription Required)
  13. In April of 2013, Ford and General Motors announced they would be working together on developing new nine and ten-speed automatic transmissions. The nine-speed automatic would be for front-wheel drive models, while rear-drive models got the ten-speed. Already, a number of Ford and GM vehicles are using the ten-speed. But GM will be the only one using the nine-speed. Automotive News reports that Ford is electing to use a new series of eight-speed automatic transmission on their vehicles. The company said the new nine-speed didn't provide enough of an improvement in fuel economy to justify the added cost and weight. According to a source, Ford made this decision before GM began to use this transmission on their production models. "Typically, if anyone gave me a transmission that didn't require much work, outside of tuning it for a specific vehicle, I would take it and run. It's a lot of design work after the fact to come up with their own flavor. It shows there might be some different schools of thought in terms of transmission efficiency," said Dave Sullivan, an analyst with AutoPacific Inc. While GM claims the nine-speed brings “smoother shifts” and a better driving experience, it hasn't brought any real gains to fuel economy. The 2017 Chevrolet Malibu 2.0T only saw an increase of one mpg on the highway when compared to the 2016 model with a six-speed automatic (33 vs. 32). The 2019 Buick Envision 2.0T saw its highway fuel economy drop by one when equipped with the nine-speed auto (25 vs. 26). It should be noted that one of the eight-speed transmissions Ford is using is based on the new nine-speed, minus a gear. Source: Automotive News (Subscription Required) View full article
  14. William Maley

    de Nysschen Out As Cadillac President (UPDATE)

    Cadillac's leadership is seeing a major change as current president Johan de Nysschen will be stepping down effective immediately. In his place will be Steve Carlisle who is currently president and managing director of GM Canada. “We appreciate Johan’s efforts over the last four years in setting a stronger foundation for Cadillac. Looking forward, the world is changing rapidly, and, beginning with the launch of the new XT4, it is paramount that we capitalize immediately on the opportunities that arise from this rate of change. This move will further accelerate our efforts in that regard,” said General Motors President Dan Ammann in a statement. No reason was given as to why de Nysschen is leaving after leading the brand for over three years. His tenure saw Cadillac make a number of dramatic changes including moving the brand's headquarters to New York City and introducing a new nomenclature system. Steve Carlisle has been part of GM since 1982 when he was an industrial engineering co-op student at the Oshawa assembly plant. He was named the president of GM Canada back in 2014 and helped the region get back on its feet. Last year, GM was number one in retail sales in Canada, with Buick, Cadillac, and GMC posting their best ever sales. “The potential for Cadillac across the globe is incredible and I’m honored to be chosen to be a part of mapping that future. I look forward to building on our current momentum as we continue on our mission to position Cadillac at the pinnacle of luxury,” said Carlisle. We'll be updating this story if any new information comes out. UPDATE: Automotive News and Wards Auto have learned some possible reasons as to why de Nysschen was shown the door. One is Cadillac's slumping sales. In 2017, sales in the U.S. dropped eight percent - the second straight year of a sales decline. Sales are doing slightly better in 2018 - up 8.1 percent - some of this is due to incentives being placed on slow-selling models. Project Pinnacle which was de Nysschen's ambitious incentive plan that would divide dealers into five tiers based on sales volume. Each tier would have different requirements in terms of showroom and service, along with perks. One contentious point that irked a number of dealers was smaller dealers setting up a "virtual showroom" where buyers could order vehicles. These dealers would not be able to stock Cadillac vehicles. Since then, Project Pinnacle has undergone a number of changes. Wards Auto says de Nysschen didn't move fast enough to join the fast-growing trend of crossovers. Cadillac has introduced the XT4 at the New York Auto Show last month are there plans to launch a couple more in the coming years, but this is only going to widen the gap between Cadillac and competitors. Both outlets report there has been growing tension between de Nysschen and GM. Such examples include him proclaiming that "Cadillac would be the technical leader at GM in the future," partly due to the launch of SuperCruise. Apparently, de Nysschen forgot about the Chevrolet Bolt and Volt. There was also the comment he made about Apple's CarPlay saying it was “extremely clunky”. (Mr. de Nysschen, have you even used CUE?! -WM) Source: General Motors GM Names Steve Carlisle Senior VP and President, Cadillac Johan de Nysschen leaves GM to pursue other interests; Travis Hester becomes president and managing director, GM Canada DETROIT — General Motors today announced the appointment of Steve Carlisle as General Motors senior vice president and president, Cadillac, replacing Johan de Nysschen, who is leaving the company effective immediately. Travis Hester, currently vice president, Global Product Programs, is named president and managing director, GM Canada, replacing Carlisle. The transition will begin immediately. “We appreciate Johan’s efforts over the last four years in setting a stronger foundation for Cadillac,” said General Motors President Dan Ammann. “Looking forward, the world is changing rapidly, and, beginning with the launch of the new XT4, it is paramount that we capitalize immediately on the opportunities that arise from this rate of change. This move will further accelerate our efforts in that regard.” Carlisle was most recently president and managing director of GM Canada, where he led a resurgence of the GM Canada franchise. In 2017, GM was number one in automotive retail sales in Canada, with Buick, GMC and Cadillac achieving their best ever sales years. Carlisle also reestablished key relationships in Canada with retailers, employees and government officials. “The potential for Cadillac across the globe is incredible and I’m honored to be chosen to be a part of mapping that future,” said Carlisle. “I look forward to building on our current momentum as we continue on our mission to position Cadillac at the pinnacle of luxury.” Carlisle will report to Dan Ammann. Carlisle began his GM career in 1982 as an industrial engineering co-op student at the Oshawa Truck Assembly Plant. Over the course of his career with General Motors, Carlisle has held several senior leadership positions that have taken him across the globe, including vice president, Global Product Planning (2010-2014); vice president, U.S. Sales Operations (2010); and president and managing director, Southeast Asia Operations (2007-2010). Hester brings extensive global leadership and global product development experience to his new role at GM Canada. Since 2016, he has led the team responsible for balancing all aspects of vehicle development, including quality, cost, appearance, purchasing, customer acceptance and performance targets. Hester will report to Alan Batey, president, GM North America. Hester began his GM career in 1995 in Australia as a technical support engineer for GM Holden. He held a variety of positions in Australia before moving to the U.S. in 2005. Since 2005, Hester has held engineering positions in both the U.S. and China, including chief engineer for several global premium luxury vehicles, the Buick Regal, Buick LaCrosse and the Chevrolet Sonic. Hester became vice president, Global Product Programs, in 2016.
  15. Cadillac's leadership is seeing a major change as current president Johan de Nysschen will be stepping down effective immediately. In his place will be Steve Carlisle who is currently president and managing director of GM Canada. “We appreciate Johan’s efforts over the last four years in setting a stronger foundation for Cadillac. Looking forward, the world is changing rapidly, and, beginning with the launch of the new XT4, it is paramount that we capitalize immediately on the opportunities that arise from this rate of change. This move will further accelerate our efforts in that regard,” said General Motors President Dan Ammann in a statement. No reason was given as to why de Nysschen is leaving after leading the brand for over three years. His tenure saw Cadillac make a number of dramatic changes including moving the brand's headquarters to New York City and introducing a new nomenclature system. Steve Carlisle has been part of GM since 1982 when he was an industrial engineering co-op student at the Oshawa assembly plant. He was named the president of GM Canada back in 2014 and helped the region get back on its feet. Last year, GM was number one in retail sales in Canada, with Buick, Cadillac, and GMC posting their best ever sales. “The potential for Cadillac across the globe is incredible and I’m honored to be chosen to be a part of mapping that future. I look forward to building on our current momentum as we continue on our mission to position Cadillac at the pinnacle of luxury,” said Carlisle. We'll be updating this story if any new information comes out. UPDATE: Automotive News and Wards Auto have learned some possible reasons as to why de Nysschen was shown the door. One is Cadillac's slumping sales. In 2017, sales in the U.S. dropped eight percent - the second straight year of a sales decline. Sales are doing slightly better in 2018 - up 8.1 percent - some of this is due to incentives being placed on slow-selling models. Project Pinnacle which was de Nysschen's ambitious incentive plan that would divide dealers into five tiers based on sales volume. Each tier would have different requirements in terms of showroom and service, along with perks. One contentious point that irked a number of dealers was smaller dealers setting up a "virtual showroom" where buyers could order vehicles. These dealers would not be able to stock Cadillac vehicles. Since then, Project Pinnacle has undergone a number of changes. Wards Auto says de Nysschen didn't move fast enough to join the fast-growing trend of crossovers. Cadillac has introduced the XT4 at the New York Auto Show last month are there plans to launch a couple more in the coming years, but this is only going to widen the gap between Cadillac and competitors. Both outlets report there has been growing tension between de Nysschen and GM. Such examples include him proclaiming that "Cadillac would be the technical leader at GM in the future," partly due to the launch of SuperCruise. Apparently, de Nysschen forgot about the Chevrolet Bolt and Volt. There was also the comment he made about Apple's CarPlay saying it was “extremely clunky”. (Mr. de Nysschen, have you even used CUE?! -WM) Source: General Motors GM Names Steve Carlisle Senior VP and President, Cadillac Johan de Nysschen leaves GM to pursue other interests; Travis Hester becomes president and managing director, GM Canada DETROIT — General Motors today announced the appointment of Steve Carlisle as General Motors senior vice president and president, Cadillac, replacing Johan de Nysschen, who is leaving the company effective immediately. Travis Hester, currently vice president, Global Product Programs, is named president and managing director, GM Canada, replacing Carlisle. The transition will begin immediately. “We appreciate Johan’s efforts over the last four years in setting a stronger foundation for Cadillac,” said General Motors President Dan Ammann. “Looking forward, the world is changing rapidly, and, beginning with the launch of the new XT4, it is paramount that we capitalize immediately on the opportunities that arise from this rate of change. This move will further accelerate our efforts in that regard.” Carlisle was most recently president and managing director of GM Canada, where he led a resurgence of the GM Canada franchise. In 2017, GM was number one in automotive retail sales in Canada, with Buick, GMC and Cadillac achieving their best ever sales years. Carlisle also reestablished key relationships in Canada with retailers, employees and government officials. “The potential for Cadillac across the globe is incredible and I’m honored to be chosen to be a part of mapping that future,” said Carlisle. “I look forward to building on our current momentum as we continue on our mission to position Cadillac at the pinnacle of luxury.” Carlisle will report to Dan Ammann. Carlisle began his GM career in 1982 as an industrial engineering co-op student at the Oshawa Truck Assembly Plant. Over the course of his career with General Motors, Carlisle has held several senior leadership positions that have taken him across the globe, including vice president, Global Product Planning (2010-2014); vice president, U.S. Sales Operations (2010); and president and managing director, Southeast Asia Operations (2007-2010). Hester brings extensive global leadership and global product development experience to his new role at GM Canada. Since 2016, he has led the team responsible for balancing all aspects of vehicle development, including quality, cost, appearance, purchasing, customer acceptance and performance targets. Hester will report to Alan Batey, president, GM North America. Hester began his GM career in 1995 in Australia as a technical support engineer for GM Holden. He held a variety of positions in Australia before moving to the U.S. in 2005. Since 2005, Hester has held engineering positions in both the U.S. and China, including chief engineer for several global premium luxury vehicles, the Buick Regal, Buick LaCrosse and the Chevrolet Sonic. Hester became vice president, Global Product Programs, in 2016. View full article
  16. Ahead of releasing this month's sales numbers, General Motors has announced that it will start reporting sales quarterly instead of monthly. “Thirty days is not enough time to separate real sales trends from short-term fluctuations in a very dynamic, highly competitive market. Reporting sales quarterly better aligns with our business, and the quality of information will make it easier to see how the business is performing,” said Kurt McNeil, U.S. vice president, Sales Operations in a statement this morning. GM cites many reasons for the change to quarterly reporting - weather, product launches, number of selling days, incentives, and seasonal factors. “It’s not that (GM) doesn’t want to talk about how many cars they are selling or if they’re having a bad month. They’re still going to report everything quarterly,” explained IHS Markit analyst Stephanie Brinley. “It changes the tone of the story, because with month-to-month results it is difficult to really get a good picture of the industry.” "I understand the reasons they are doing it. There can be a lot of fluctuation during a month," said Michelle Krebs, executive analyst with Autotrader to Automotive News. Krebs went onto say that other automakers might consider following General Motors lead. She used the example of Chrysler which ended the practice of reporting sales-figures for 10 days in 1991. Other automakers would follow suit, but it took some time. GM didn't make the switch till 1994. "What happened was they decided to go monthly, and everybody did it. That would make me believe everybody is going to follow suit and follow GM's lead." But this move could bring forth some unattended consequences. Monthly sales numbers are used by many people and industries to help gauge the economy. It could also make estimates made by third-parties not fully reflect the automaker’s performance. “Right now, the market looks at whether someone comes in above or below forecasts. If GM’s sales are estimated monthly, those estimates could be really high and then the results come in lower when you look at quarterly sales. That could have unintended consequences.” But the inverse - GM posting higher sales numbers than what was estimated - is also true. One thing is certain, we just don't know how this is going to work out. Source: Automotive News (Subscription Required), The Detroit News, General Motors Press Release is on Page 2 GM to Begin Reporting U.S. Sales on a Quarterly Basis DETROIT – General Motors announced today it will begin reporting its U.S. vehicle sales on a quarterly basis, effective immediately. In 2018, second quarter sales will be released on July 3, third quarter sales on October 2 and fourth quarter sales on January 3, 2019. “Thirty days is not enough time to separate real sales trends from short-term fluctuations in a very dynamic, highly competitive market,” said Kurt McNeil, U.S. vice president, Sales Operations. “Reporting sales quarterly better aligns with our business, and the quality of information will make it easier to see how the business is performing.” In the auto industry, monthly sales are subject to many issues that make them more volatile than quarterly sales, including product launch activity, weather, other seasonal factors, the number of selling days and incentive activity. GM’s high level of transparency on total, brand and nameplate sales, fleet mix and inventory will not change. The company will also continue sharing J.D. Power PIN estimates for incentive spending and average transaction prices. The company’s March 2018 U.S. sales will be released today at 9:30 a.m. EDT. View full article
  17. William Maley

    GM To Report Sales Quarterly, Not Monthly

    Ahead of releasing this month's sales numbers, General Motors has announced that it will start reporting sales quarterly instead of monthly. “Thirty days is not enough time to separate real sales trends from short-term fluctuations in a very dynamic, highly competitive market. Reporting sales quarterly better aligns with our business, and the quality of information will make it easier to see how the business is performing,” said Kurt McNeil, U.S. vice president, Sales Operations in a statement this morning. GM cites many reasons for the change to quarterly reporting - weather, product launches, number of selling days, incentives, and seasonal factors. “It’s not that (GM) doesn’t want to talk about how many cars they are selling or if they’re having a bad month. They’re still going to report everything quarterly,” explained IHS Markit analyst Stephanie Brinley. “It changes the tone of the story, because with month-to-month results it is difficult to really get a good picture of the industry.” "I understand the reasons they are doing it. There can be a lot of fluctuation during a month," said Michelle Krebs, executive analyst with Autotrader to Automotive News. Krebs went onto say that other automakers might consider following General Motors lead. She used the example of Chrysler which ended the practice of reporting sales-figures for 10 days in 1991. Other automakers would follow suit, but it took some time. GM didn't make the switch till 1994. "What happened was they decided to go monthly, and everybody did it. That would make me believe everybody is going to follow suit and follow GM's lead." But this move could bring forth some unattended consequences. Monthly sales numbers are used by many people and industries to help gauge the economy. It could also make estimates made by third-parties not fully reflect the automaker’s performance. “Right now, the market looks at whether someone comes in above or below forecasts. If GM’s sales are estimated monthly, those estimates could be really high and then the results come in lower when you look at quarterly sales. That could have unintended consequences.” But the inverse - GM posting higher sales numbers than what was estimated - is also true. One thing is certain, we just don't know how this is going to work out. Source: Automotive News (Subscription Required), The Detroit News, General Motors Press Release is on Page 2 GM to Begin Reporting U.S. Sales on a Quarterly Basis DETROIT – General Motors announced today it will begin reporting its U.S. vehicle sales on a quarterly basis, effective immediately. In 2018, second quarter sales will be released on July 3, third quarter sales on October 2 and fourth quarter sales on January 3, 2019. “Thirty days is not enough time to separate real sales trends from short-term fluctuations in a very dynamic, highly competitive market,” said Kurt McNeil, U.S. vice president, Sales Operations. “Reporting sales quarterly better aligns with our business, and the quality of information will make it easier to see how the business is performing.” In the auto industry, monthly sales are subject to many issues that make them more volatile than quarterly sales, including product launch activity, weather, other seasonal factors, the number of selling days and incentive activity. GM’s high level of transparency on total, brand and nameplate sales, fleet mix and inventory will not change. The company will also continue sharing J.D. Power PIN estimates for incentive spending and average transaction prices. The company’s March 2018 U.S. sales will be released today at 9:30 a.m. EDT.
  18. 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
  19. 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 View full article
  20. 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)
  21. 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) View full article
  22. Despite General Motors mostly leaving the European market with the sale of Opel and Vauxhall to PSA Group earlier this year, the automaker isn't ruling out a full-scale return. During a recent meeting of the Automotive Press Association in Detroit, GM CEO Mary Barra said the company would "absolutely" consider a return to the European market, adding that "nothing keeps us from going back." But it will be some time before GM decides to go back. According to Barra, the company would need to build out a lineup of "transformative products" like electric or self-driving vehicles to make it worthwhile. General Motors does have a small presence in Europe with Cadillacs being sold by 45 dealers - most of them in Germany and Switzerland. The Chevrolet Camaro and Corvette are also sold in small numbers. Source: Motor1 View full article
  23. William Maley

    GM Could Make a Full-Scale Return to Europe

    Despite General Motors mostly leaving the European market with the sale of Opel and Vauxhall to PSA Group earlier this year, the automaker isn't ruling out a full-scale return. During a recent meeting of the Automotive Press Association in Detroit, GM CEO Mary Barra said the company would "absolutely" consider a return to the European market, adding that "nothing keeps us from going back." But it will be some time before GM decides to go back. According to Barra, the company would need to build out a lineup of "transformative products" like electric or self-driving vehicles to make it worthwhile. General Motors does have a small presence in Europe with Cadillacs being sold by 45 dealers - most of them in Germany and Switzerland. The Chevrolet Camaro and Corvette are also sold in small numbers. Source: Motor1
  24. General Motors has announced plans of moving towards an electrified and self-driving future. But in the foreseeable future, the company's core business model of selling vehicles to drivers will not be going away. “The owner-driver model will be there for a very long time. So far we see (mobility) as additive, but we see it as having potential to grow and be quite substantial,” said GM CEO Mary Barra during a meeting of the Automotive Press Association. Most of GM's and other automaker's profits come from crossovers, pickup trucks, and SUVs. But GM is planning for a possible future where the automotive landscape is very different. Back in October, the automaker announced an ambitious plan of launching 20 electric and hydrogen vehicles by 2023 - two of those will launch within the next 18 months. The company is also planning to launch a driverless ride-sharing service in 2019. Source: The Detroit News View full article
  25. General Motors has announced plans of moving towards an electrified and self-driving future. But in the foreseeable future, the company's core business model of selling vehicles to drivers will not be going away. “The owner-driver model will be there for a very long time. So far we see (mobility) as additive, but we see it as having potential to grow and be quite substantial,” said GM CEO Mary Barra during a meeting of the Automotive Press Association. Most of GM's and other automaker's profits come from crossovers, pickup trucks, and SUVs. But GM is planning for a possible future where the automotive landscape is very different. Back in October, the automaker announced an ambitious plan of launching 20 electric and hydrogen vehicles by 2023 - two of those will launch within the next 18 months. The company is also planning to launch a driverless ride-sharing service in 2019. Source: The Detroit News

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