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  1. While the focus on the electric vehicles have been on the ultra plush and quick models from the likes of Tesla, Audi, and Jaguar, there is a lot of work being done for electric delivery vans. The combination of reduced maintenance, low fuel costs, and an abundance of torque to deal with heavy loads make them a perfect to do deliveries in urban areas. Rivian is the most-well known player here with plans to build out a fleet of electric vans for Amazon. Another player is ready to join the fight. Reuters reported yesterday that General Motors is working on a electric van for the commercial m
  2. While the focus on the electric vehicles have been on the ultra plush and quick models from the likes of Tesla, Audi, and Jaguar, there is a lot of work being done for electric delivery vans. The combination of reduced maintenance, low fuel costs, and an abundance of torque to deal with heavy loads make them a perfect to do deliveries in urban areas. Rivian is the most-well known player here with plans to build out a fleet of electric vans for Amazon. Another player is ready to join the fight. Reuters reported yesterday that General Motors is working on a electric van for the commercial m
  3. On Wednesday, General Motors invited a number of media to their tech center in Warren, MI for their EV Day event. The company is making a big bet on electric vehicles with 11 new vehicles rolling out by 2025, featuring a new electric modular platform and battery tech. Here's what we know. Third-Generation Electric Vehicle Platform Underpinning this massive push is GM's new third-generation EV platform (BEV3). The new platform was designed to provide flexibility for different vehicle types - ranging from compact cars to pickup trucks. Battery packs are designed to be mounted beneath the pa
  4. On Wednesday, General Motors invited a number of media to their tech center in Warren, MI for their EV Day event. The company is making a big bet on electric vehicles with 11 new vehicles rolling out by 2025, featuring a new electric modular platform and battery tech. Here's what we know. Third-Generation Electric Vehicle Platform Underpinning this massive push is GM's new third-generation EV platform (BEV3). The new platform was designed to provide flexibility for different vehicle types - ranging from compact cars to pickup trucks. Battery packs are designed to be mounted beneath the pa
  5. General Motors will be bringing back the Hummer name to sell a new electric truck as part of the GMC lineup. The Wall Street Journal first broke the news yesterday with GM moving forward on plans to bring Hummer back that was first reported back in June. The report also said that the company would tout the return with a Super Bowl ad featuring NBA star LeBron James. GM declined to comment. The decision is likely due to the planned $3 billion investment for the Detroit-Hamtramck plant that we reported back in October. The investment is to gear up the plant to build an electric pickup
  6. General Motors will be bringing back the Hummer name to sell a new electric truck as part of the GMC lineup. The Wall Street Journal first broke the news yesterday with GM moving forward on plans to bring Hummer back that was first reported back in June. The report also said that the company would tout the return with a Super Bowl ad featuring NBA star LeBron James. GM declined to comment. The decision is likely due to the planned $3 billion investment for the Detroit-Hamtramck plant that we reported back in October. The investment is to gear up the plant to build an electric pickup
  7. QUARTER 4 (CALENDAR YEAR-TO-DATE) JANUARY - DECEMBER 2019 2018 %Change Volume 2019 2018 %Change Volume Cascada 77 743 -89.6 2,535 4,136 -38.7 Enclave 10,143 14,420 -29.7 51,156 49,647 3.0 Encore
  8. General Motors and LG Chem are joining forces to invest $2.3 billion in a new battery plant near its old Lordstown Assembly complex in Lordstown, Ohio. The deal is a 50/50 partnership between GM and LG Chem and will create 1,100 jobs in the area. Construction of the plant will begin mid-2020 at a greenfield former manufacturing site. The employees will work for the joint-venture and will not be direct GM employees. Initially, the plant will solely supply batteries for GM vehicles, though with a maximum capacity of 30 gigawatt-hours annually, the company could expand to supply other manu
  9. General Motors and LG Chem are joining forces to invest $2.3 billion in a new battery plant near its old Lordstown Assembly complex in Lordstown, Ohio. The deal is a 50/50 partnership between GM and LG Chem and will create 1,100 jobs in the area. Construction of the plant will begin mid-2020 at a greenfield former manufacturing site. The employees will work for the joint-venture and will not be direct GM employees. Initially, the plant will solely supply batteries for GM vehicles, though with a maximum capacity of 30 gigawatt-hours annually, the company could expand to supply other manu
  10. General Motors' lost $2.9 billion in profit due to the strike according to the company's Q3 earnings report released Tuesday. That number exceeded analyst estimates by $900 million. In the final two weeks of the strike, as further plants had to be shut down due to parts shortages, the company lost $750 million. The total loss is about $2.00 per share. The stock is up 4.71 percent over Monday's close at the time of this writing. The strike hit 31 factories and 21 other facilities including plants in Canada and Mexico which build the Chevrolet Equinox and Chevrolet Blazer respectively. Bo
  11. General Motors' lost $2.9 billion in profit due to the strike according to the company's Q3 earnings report released Tuesday. That number exceeded analyst estimates by $900 million. In the final two weeks of the strike, as further plants had to be shut down due to parts shortages, the company lost $750 million. The total loss is about $2.00 per share. The stock is up 4.71 percent over Monday's close at the time of this writing. The strike hit 31 factories and 21 other facilities including plants in Canada and Mexico which build the Chevrolet Equinox and Chevrolet Blazer respectively. Bo
  12. The UAW has announced that their membership has ratified the new 4-year contract deal with General Motors 23,389 to 17,501. Roughly 46,000 union members will receive an $11,000 ratification bonus while temporary workers will get $4,500. According to GM, work is to resume Monday with the first shift, however GM was attempting to get volunteers to start production earlier on Saturday and Sunday at Flint Assembly and Fort Wayne Assembly where the GMC Sierra and Chevrolet Silverado are built. The strike, which lasted roughly 6 weeks, cost the company $450 million per week. The n
  13. The UAW has announced that their membership has ratified the new 4-year contract deal with General Motors 23,389 to 17,501. Roughly 46,000 union members will receive an $11,000 ratification bonus while temporary workers will get $4,500. According to GM, work is to resume Monday with the first shift, however GM was attempting to get volunteers to start production earlier on Saturday and Sunday at Flint Assembly and Fort Wayne Assembly where the GMC Sierra and Chevrolet Silverado are built. The strike, which lasted roughly 6 weeks, cost the company $450 million per week. The n
  14. As part of General Motors' tentative agreement with the United Auto Workers, there is a planned $3 billion investment into the Detroit-Hamtramck plant to make electric trucks, SUVs, and vans. The program, called BT1 is part of a larger $7.7 billion investment in GM's plants over the next four years. The BT1 program includes an electric truck for GMC and an electric SUV for Cadillac for the 2023 model year. But before that happens, in 2021 a low volume BT1 pickup will start production under a different brand while a performance truck follows in 2022, and then an electric SUV in 2023. Rum
  15. The UAW has been striking against General Motors for 31 days, the longest work stoppage since the 1970s. Now news comes that GM and the Union have reached a tentative agreement and the union council will vote today on whether to end the walkout of 46,000 workers or wait until the agreement is ratified by union members. The Union and GM plan to discuss the deal after the vote has taken place. We will update this article as more news comes. Update 1:20 pm: Healthcare remains as-is. Temporary employees have a path to full employment All current hourly workers will
  16. As part of General Motors' tentative agreement with the United Auto Workers, there is a planned $3 billion investment into the Detroit-Hamtramck plant to make electric trucks, SUVs, and vans. The program, called BT1 is part of a larger $7.7 billion investment in GM's plants over the next four years. The BT1 program includes an electric truck for GMC and an electric SUV for Cadillac for the 2023 model year. But before that happens, in 2021 a low volume BT1 pickup will start production under a different brand while a performance truck follows in 2022, and then an electric SUV in 2023. Rum
  17. The UAW has been striking against General Motors for 31 days, the longest work stoppage since the 1970s. Now news comes that GM and the Union have reached a tentative agreement and the union council will vote today on whether to end the walkout of 46,000 workers or wait until the agreement is ratified by union members. The Union and GM plan to discuss the deal after the vote has taken place. We will update this article as more news comes. Update 1:20 pm: Healthcare remains as-is. Temporary employees have a path to full employment All current hourly workers will
  18. QUARTER 3 (CALENDAR YEAR-TO-DATE) JANUARY - SEPTEMBER 2019 2018 %Change Volume 2019 2018 %Change Volume Cascada 400 1,101 -63.7 2,458 3,393 -27.6 Enclave 13,274 12,807 3.6 41,013 35,227 16.4 Encor
  19. Negotiators have been meeting daily since the UAW went on strike on September 16th and according to sources, the two sides are nearing a deal as talks have intensified over the last 48 hours. All of the issues have reached the "Main Table" and are out of subcommittee which is a sign that a deal is imminent. The initial offer from GM included $7 billion in investments in eight of its US facilities, while also adding 5,400 new jobs. The UAW rejected the initial offer saying that it wasn't enough in terms of pay raises, healthcare, and tenure requirements. GM also offered an $8,000 signing
  20. Negotiators have been meeting daily since the UAW went on strike on September 16th and according to sources, the two sides are nearing a deal as talks have intensified over the last 48 hours. All of the issues have reached the "Main Table" and are out of subcommittee which is a sign that a deal is imminent. The initial offer from GM included $7 billion in investments in eight of its US facilities, while also adding 5,400 new jobs. The UAW rejected the initial offer saying that it wasn't enough in terms of pay raises, healthcare, and tenure requirements. GM also offered an $8,000 signing
  21. The UAW declared a national strike against General Motors, a first since 2007, after GM failed to reach a deal with union leaders over wages and benefits. A union spokesman said it was a unanimous vote to strike and that the status of the negotiations are unclear. General Motors said that its offer to the UAW included more than $7 billion in U.S. investments, jobs, higher pay, and improved benefits. It included an offer for more than 5,400 jobs, the majority of which would be new. The offer would allocated an electric truck to Detroit-Hamtramck assembly plant and Lordstown would be re
  22. The UAW declared a national strike against General Motors, a first since 2007, after GM failed to reach a deal with union leaders over wages and benefits. A union spokesman said it was a unanimous vote to strike and that the status of the negotiations are unclear. General Motors said that its offer to the UAW included more than $7 billion in U.S. investments, jobs, higher pay, and improved benefits. It included an offer for more than 5,400 jobs, the majority of which would be new. The offer would allocated an electric truck to Detroit-Hamtramck assembly plant and Lordstown would be re
  23. Back in early May, we reported that electric truck maker Workhorse was in talks with General Motors to buy the shuttered Lordstown Assembly plant that formerly built the Chevrolet Cruze. The plan seemed founded more on hopes and dreams rather than actual financial reality. Workhorse's only model, the W-15 is a truck with an 80 mile range and a built in range extender, has not exactly been climbing the sales charts. In fact, the company booked only $6,000 in sales in the 2nd quarter of 2019, roughly $70 per day. Following that report, the company's stock plunged 35%. Deliveries of the truc
  24. Back in early May, we reported that electric truck maker Workhorse was in talks with General Motors to buy the shuttered Lordstown Assembly plant that formerly built the Chevrolet Cruze. The plan seemed founded more on hopes and dreams rather than actual financial reality. Workhorse's only model, the W-15 is a truck with an 80 mile range and a built in range extender, has not exactly been climbing the sales charts. In fact, the company booked only $6,000 in sales in the 2nd quarter of 2019, roughly $70 per day. Following that report, the company's stock plunged 35%. Deliveries of the truc
  25. DETROIT — General Motors Co. (NYSE: GM) delivered 746,659 vehicles in the United States in the second quarter of 2019. Crossover sales set a new second quarter record after sales grew year over year by 17 percent. Sales of the Chevrolet Silverado 1500 crew cab and GMC Sierra 1500 crew cab were both up 12 percent year over year. The Chevrolet Equinox and Traverse and GMC Canyon all delivered record second quarter sales. Sales of every Buick crossover were up year over year, with the Envision posting a 28 percent sales increase. The Enclave was up 21 percent and the Enc

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