GM

Auto
5:07 pm
Wed October 24, 2012

Ford, GM move to stem losses in Europe

Both Ford and General Motors announced steps this week to reduce their losses in Europe.

The region is experiencing a disabling recession that's expected to last at least through 2015.

Car sales are abysmal in Europe, down more than 30-percent from normal demand.

Ford says it may lose a total of one billion dollars in the region for the entire year.

General Motors' losses might be more than that.

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Auto
11:00 am
Sun September 23, 2012

GM offers big discounts to boost Volt sales

Chevy Volt (file photo)
Steve Carmody/Michigan Radio

DETROIT (AP) - General Motors is offering big discounts to boost sales of the Chevrolet Volt, an electric car that struggled to attract buyers until its price began dropping early this year.

Discounts run as high as $10,000 per Volt, according to figures from TrueCar DOT com, an auto pricing website. They include low-interest financing and subsidized leases.

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Auto
12:35 pm
Fri September 21, 2012

Canadian Auto Workers and GM announce tentative contract

Ken Lewenza and the CAW reached a tentative agreement with GM Thursday.
Canadian Auto Workers union

The Canadian Auto Workers and GM announced a tentative contract Thursday night reports The Globe and Mail:

The deal extends by one year the life of a car-assembly plant in Oshawa, Ont., that was scheduled to close next year and adds a new shift of workers at a neighbouring plant. That means GM’s employment level in Canada should be roughly the same as it is today – or about 7,000 people – in 2016.

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Politics & Government
8:36 am
Fri September 21, 2012

Commentary: Chrysler and Canada

We’ve got a lot going on in Michigan, to put it mildly, and I would guess that you haven’t been paying much attention to the union negotiations that have been going on in Canada.

That’s understandable -- but they could have a significant impact on the economy in this part of the world. The Canadian Auto Workers union used to be part of the UAW, before breaking off and becoming independent in the 1980s.

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1:40 pm
Tue September 18, 2012

Canadian Auto Workers extend negotiations with Chrysler and GM

Lead in text: 
After reaching a tentative four-year deal with Ford on Monday, CAW officials have agreed on an indefinite extension of negotiations with Chrysler and GM.
Toronto - After agreeing to an extension of negotiations, members of the Canadian Auto Workers, Chrysler Group LLC and General Motors Co. worked into early Tuesday morning hammering out details of a new contract. Parties had already met for a caucus Tuesday morning and will likely caucus again later in the afternoon.
CAW talks
10:02 am
Wed September 12, 2012

Will Canadian Auto Workers union strike? We may know in 5 days

Canadian Auto Workers union

Just five days remain before an existing contract between the Canadian Auto Workers and Ford, GM, and Chrysler  expires. 

Members of the union previously authorized their leaders to call a strike - but it's a double edged sword for the union.

Ken Lewenza is National President of the Canadian Auto Workers.

He says the union is willing to come up with a deal that preserves the Detroit Three's Canadian labor costs as they are now.

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August U.S. car sales
5:25 pm
Tue September 4, 2012

GM's Chevy Cruze top-selling compact in August

General Motors

General Motors says sales rose 10-percent in August, compared to the same month a year ago.

The Detroit car company also broke several sales records.

GM says it got a noticeable bump from advertising aired during the Olympics.

Sales of the Chevy Cruze, Volt, Spark and Sonic hit an all-time high.

Those are all small cars.  

The Chevy Cruze, a compact car, even beat Honda's perennial top-performer, the Civic, in August.

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Auto
10:55 am
Tue August 7, 2012

GM needs to take Spyker lawsuit "seriously" say experts

Dutch car company Spyker is suing General Motors for three billion dollars over the bankruptcy of GM's former brand, Saab.

Spyker says GM illegally interfered with a sale of part of Saab, and claims it was that interference which caused Saab's bankruptcy. 

GM sold Saab to Spyker in 2010, with a stipulation that Spyker would have to obtain GM's permission to sell Saab to anyone else.

Spyker almost immediately ran into financial problems trying to keep Saab afloat.  

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Auto
12:20 pm
Thu August 2, 2012

GM announces second quarter earnings but mum on Ewanick

Joel Ewanick receiving Green Car of the Year for the Chevy Volt
General Motors GM

GM's second quarter profit dropped from a year ago. The company made $1.5 billion, down from $2.5 billion, largely due to losses in Europe.  

The company also took an unusual step related to damage control, after a high-profile firing at the company on Sunday.

GM departed from the industry norm and only allowed analysts, not media, to ask questions during its earnings conference call.

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Auto
2:20 pm
Thu July 26, 2012

GM has high hopes for the 2013 Cadillac ATS

2013 Cadillac ATS rolled off the assembly line for the first time today in Lansing, Michigan
Steve Carmody/Michigan Radio

General Motors’ big hope to grab a share of the luxury compact segment rolled off the assembly line in Lansing today.  Tomorrow, the Cadillac ATS rolls on to the world stage.

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Auto
9:10 pm
Tue July 17, 2012

Share your car, says GM, and we'll help you do it (with Onstar)

RelayRide will allow car-renters unlock a vehicle they're renting with their smart phone
Onstar

General Motors says its On-Star customers can now use their GM cars to make some extra money - by renting out their vehicles.

Car-sharing allows someone to rent their personal vehicle to people who don't own one. Typically the borrower just needs a car for a few hours, for errands, grocery store visits or the like.

Now, GM car owners who subscribe to Onstar can rent out their cars through a car-sharing company called RelayRides.

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Auto
5:40 pm
Thu July 5, 2012

U.S. asks WTO to step in over China tariffs on American-made cars

A Chevy dealership in Shanghai, China
Tracy Samilton Michigan Radio

The United States has filed a complaint with the World Trade Organization against China over tariffs on U.S.-made vehicles.

The Obama administration says China unfairly placed duties of up to 22 percent on U.S.-made vehicles that are exported to China.

The tariffs apply to larger passenger cars and SUVs.

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Auto sales
5:32 pm
Tue July 3, 2012

No surprise, June auto sales were good. Surprise, they were better than we thought

Robust U.S. auto sales have been helping to keep a floor on the U.S. economy for months, and they kept up the good work in June.

Car sales surpassed the expectations of many analysts.   

The good news included Detroit car companies.  Ford sales rose 7% and Chrysler sales jumped 20% compared to June a year ago.

General Motors sales increased nearly 16%.

GM's Kurt McNeil says he expects a good second half of the year, too.

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Auto
1:01 pm
Tue June 19, 2012

GM recycling reaches a milestone

General Motors saves hundreds of millions of dollars a year recycling. Everything from old lead acid batteries to wooden pallets.
Steve Carmody/Michigan Radio

General Motors is celebrating an environmental milestone. The company says a Lansing autopart distribution center is the automaker’s 100th facility to go “landfill free.”

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Auto
12:46 pm
Fri June 1, 2012

AP: The Canadian Auto Workers union says General Motors Canada to close plant in Oshawa, Ontario

GM MEDIA

OSHAWA, Ontario (AP) - The Canadian Auto Workers union says General Motors Canada plans to close its consolidated plant in Oshawa, Ontario, by June 2013. Chris Buckley, a local union president, says GM gave the union notice Friday. The closure of the plant that produces the Chevrolet Impala and the Equinox could mean 2,000 layoffs.

GM is scaling back its overall operations in Canada as part of a North American restructuring that began two years ago under bankruptcy court protection. In Canada, GM has already closed a truck plant in Oshawa and a transmission factory in Windsor, Ontario.

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Auto/Economy
3:00 pm
Tue April 10, 2012

Record-breaking March for fuel-efficient car sales

user BrokenSphere wikimedia commons

The average fuel economy of new vehicles sold in the US reached an all-time high last month.

That's according to a recently-released report from the University of Michigan's Transportation Research Institute.

A U of M press release has more:

Average fuel economy (window-sticker values) of cars, light trucks, minivans and SUVs purchased in March was 24.1 mpg, up from 23.9 in February and 23.6 in January, and now 20 percent (4 mpg) higher than October 2007, the first month of monitoring by UMTRI researchers Michael Sivak and Brandon Schoettle.

The Detroit News reports that US automakers have also noticed this trend:

General Motors Co. said last week that its 12 vehicles getting 30 mpg or better on the highway had combined U.S. sales of about 100,000 for March — the automaker's highest ever monthly total.

"Three years ago, about 16 percent of the vehicles GM sold achieved at least 30 mpg on the highway. Today, that number is about 40 percent," said GM North America President Mark Reuss.

-John Klein Wilson, Michigan Radio Newsroom

Auto/Economy
3:39 pm
Sat March 24, 2012

GM recalling vans, SUVs to fix steering problem

General Motors is recalling more than 6,000 big vans and SUVs because their steering can fail. The recall affects certain 2012 Chevrolet Express and GMC Savana vans, and Chevrolet Suburban and GMC Yukon XL SUVs.

The National Highway Traffic Safety Administration said on its website Saturday that a gear shaft can break, causing a loss of steering. GM says no crashes or injuries have been reported.

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Auto/Economy
12:30 pm
Thu March 1, 2012

Ford, Chrysler and GM report higher sales in February

Update 12:35 p.m.

Ford, Chrysler and General Motors all posted higher auto sales in February.

Ford sales were up by 14% compared with February 2011.   Chrysler sales soared by 40%.  GM posted a slight 1% increase.

Erich Merkel is an analyst with Ford Motor Company.  He says rising gasoline prices influenced which vehicles sold last month.

“What we saw was really strong momentum into more fuel efficient vehicles and toward smaller vehicles," says Merkel.

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Auto/Economy
6:51 pm
Fri January 20, 2012

Federal investigation into Chevy Volt fire danger ends

The Chevy Volt
(photo by Steve Carmody/Michigan Radio)

The government ended its safety investigation into the Chevrolet Volt on Friday after concluding that the Volt and other electric cars don't pose a greater fire risk than gasoline-powered cars.

The agency began studying the Volt last June after a fire broke out in one of the cars three weeks after it was crashed as part of safety testing. Two other fires occurred later related to separate safety tests, and NHTSA opened an official investigation into the vehicle on Nov. 25.

The agency and General Motors Co. know of no fires in real-world crashes.

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Auto/Economy
4:26 pm
Tue January 10, 2012

Buick aims for younger, "luxury SUV" customers with newest model

The 2013 Buick Encore

GM unveiled the Buick Encore, the latest all-new Buick, at the Detroit Auto Show Tuesday.

The Encore rounds out Buick’s revamped line-up, which also includes the Verano, LaCrosse, and Enclave.

GM is trying hard to ditch Buick’s “older” image and market the brand to younger customers.

GM Vice President for design Ed Wellburn said the Encore will increase Buick’s appeal to younger buyers—and women—because it’s part of a trend toward what he calls “premium small SUVs.”

“This is really on the leading edge of that trend,” Wellburn said. “We firmly believe there are great opportunities there, and it expands the Buick portfolio.”

The Encore will go on sale in early 2013. The car will be manufactured in South Korea—a nod to the fact that GM plans to market the car heavily in China—where Buick is a popular brand--as well as North America.

“We’re a global company with a global footprint,” said Roger McCormack, Buick’s product marketing director. “When you look at the picture in total, this was the right [manufacturing] decision for us.”

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