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Archive for the ‘GM’ Category

Tesla Tops 200,000 US Sales; Set to Lose Fed Tax Credits

Being 1st could put EV maker at a disadvantage going forward.

by on Jul.13, 2018

Even when it wins, it loses. Tesla just passed the 200,000 vehicle mark, the most ever by an EV maker, but that brings to an end the tax credit.

Tesla is not just the country’s best-selling EV maker, but the first to sell more than 200,000 electric vehicles in the U.S. market. But that might not necessarily give the carmaker reason to celebrate.

Under guidelines set up by the Obama Administration and retained by Congress as part of last year’s tax overhaul, federal tax credits of up to $7,500 per vehicle apply only on the first 200,000 battery vehicles sold by an individual manufacturer. After that they begin to phase out, meaning that Tesla could be at a financial disadvantage once the company loses the incentives entirely by the end of next year.

The Last Word!

Other companies, including General Motors, Nissan and Ford, are approaching the threshold but their buyers will likely continue to receive some incentives well into 2020, barring any move by Congress – something considered unlikely – to extend the tax credits. (more…)

GM Leads Ford in Pickup Sales at Midpoint of 2018

Midsize trucks giving GM the sales lead.

by on Jul.12, 2018

Chevy's Centennial Edition Silverado and Colorado have enjoyed impressive sales since being introduced.

America loves a good rivalry and Americans also love pickup trucks.

Domestic automakers have been relying on the latter, pickups, to help drive profits for much of the last two decades, and Ford and General Motors have long found ways to irritate one another when it comes to sell more trucks than the other.

Dig Deeper!

Now there is a new way: GM has sold more pickups through the first half of 2018 than Ford. GM sold 478,671 pickups, up 12% from last year, according to Kelley Blue Book data. Ford sold 451,138 pickups, a 5% increase. (more…)

GM Sales Rise as Ford’s Fall in China

Ford sales likely to suffer until next year.

by on Jul.12, 2018

While Ford's Mustang is still selling well, the rest of its line-up is not, contributing to a double-digit decline in the first half of 2018.

General Motors posted a slight gain in sales in China during the second quarter, but Ford Motor Co. continued to stumble with a double-digit decline that deepened its woes in the world’s largest market for new vehicles.

In what is described as a slow market, GM and its joint venture partners delivered 858,344 vehicles in China during the second quarter of 2018 as sales grew 0.7% from a year earlier.

Sales News!

Ford’s China slump intensified, as vehicle sales tumbled 38% in June and the automaker recorded its worst-ever first half. Ford sold 62,057 vehicles in China in June, taking its sales for the first half of the year to 400,443, down 25% compared with the year-ago period. (more…)

Mercedes, Bosch Team to Launch Self-Driving Car Service

Set to debut in late 2019 in Silicon Valley.

by on Jul.11, 2018

Initially, Daimler will use the Mercedes-Benz S-Class sedan for the pilot ride-sharing project.

Mercedes-Benz is teaming up with German mega-supplier Bosch to launch a new ride-sharing service in Silicon Valley next year that will rely on self-driving vehicles.

The project marks the latest entry into the fast-expanding field that, by some estimates, could eventually account for as much as a quarter or more of the miles Americans travel by automobile. Other planning to launch ride-sharing services using self-driving vehicles include General Motors, Google spin-off Waymo and Uber, the country’s largest ride-sharing service.

Making Sense of the Brave New World!

While Mercedes’ parent Daimler AG is referring to the vehicles it will use as “automated shuttle(s),” customers will be able to ride in style. When the project initially gets underway during the second half of 2019, it will rely on modified versions of the luxurious S-Class Sedan. Eventually, the goal is to switch to a production version of the edgy Mercedes concept vehicle, the F 015.

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Chevy Express Getting New Safety Tech for 2019

Upgrades come as City Express model phased out.

by on Jul.10, 2018

GM's Wentzville, Missouri plant will continue building the Chevy Express full-size van.

Even as it prepares to halt sales of one Chevrolet van by the end of the year, General Motors plans to upgrade 2019 Chevy Express models, including the Cargo, Cutaway and Passenger version, with new safety features, including lane departure warning, forward collision alert system and a theft deterrent system to prevent unauthorized entry.

The Chevrolet Express is a full-size van, compared to the Chevrolet City Express compact van, which GM currently sources from Nissan and is now scheduled to be discontinued after the 2018 model year.

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The first-generation Express ran from the 1996–2002 model years and was based on the GMT 600 platform. In 2003, a facelifted model was launched on what is known as the GMT 610 platform. This updated model remains on sale, albeit the range has undergone a few updates to powertrain and minor styling changes.  (more…)

General Motors Building Mini-Pickup in China

No word on small truck coming to the US.

by on Jul.06, 2018

General Motors new Wuling Rong Guang mini-pickup truck is ready to work.

Trucks are keeping sales of new vehicles afloat in the U.S. and the traditional full-size pickup trucks is king of the road.

But General Motors is experimenting with new downsized pickup trucks in China.

Global News!

The SAIC-GM-Wuling has added the new Wuling Rong Guang mini-pickup to the Rong Guang family. The new mini-pickup will be available in variations powered by a choice of 1.5-liter or 1.8-liter engines, and a single or crew cab and in American dollars, prices start under $8,000. (more…)

EV Sales on the Rise in First Half of 2018 in the US

Bolt sales are up in first half, production to increase.

by on Jul.05, 2018

Sales of the Chevy Bolt rose 3.5% in the first half of 2018.

Rising gas prices and improved range appear to be creating an appealing environment for plug-in electric vehicle sales with no company reaping better results than General Motors in the first half of the year.

The company’s Chevy Bolt EV saw sales rise during the second quarter of the year.

Plug In!

U.S. and global demand for the Chevrolet Bolt EV has been very strong in 2018, with global sales estimated to be up more than 35% year over year in the second quarter and up more than 40% in the first half. (more…)

Every Car Sold in the U.S. is an “Import”

Tariffs would impact even “American-made” vehicles.

by on Jul.03, 2018

The Honda Odyssey is one of the most "American" cars but will still be hit by tariffs.

Every single car, truck or crossover sold in the U.S. would be affected by the 25% import tariff being proposed by Pres. Donald Trump, with prices on some models rising by tens of thousands of dollars.

That’s because even vehicles assembled in the U.S. rely on some level of imported parts and components, whether in their suspension, infotainment systems or powertrains.

Beyond the Headlines!

Complicating matters, American-made auto parts and vehicles could become more expensive, and lose their competitive edge, if trade partners enact their own tariffs in response, something a number of them have now threatened to do.

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Chevy Spruces Up Volt for 2019

New model charges twice as fast.

by on Jul.02, 2018

Surviving its much-rumored death, the new 2019 Chevy Volt arrives this fall.

For months word has circulated that General Motors was preparing to kill one of the cars that helped launch the company’s resurgence  from bankruptcy, the Chevrolet Volt.

But GM is making a game effort to silence the chatter with the announcement of a series of technical and equipment changes to what will be the 2019 version of the Chevrolet Volt, starting with a new 7.2 kW charging system the cuts recharging times nearly in half and power seats. The change in the charging system will almost double the all-electric driving range per hour of electric charge, Chevrolet said.

We Keep You In the Know!

The changes will take effect this fall and could be one last effort to save the Volt from extinction. (more…)

Japan Warns Tariffs Put Global Free Trade “At Great Risk”

100s of thousands of U.S. jobs at Japanese carmakers may vanish.

by on Jun.29, 2018

Employees at Nissan's Canton, Mississippi, plant and other Japanese-owned U.S. plants could see their jobs threatened by new tariffs, Japan warned on Friday.

The Japanese government is the latest to weigh in on the potential dangers posed by the Trump Administration’s threatened trade tariffs on not only the global economy but U.S. jobs.

Warning that the White House’s proposed 25% tariff puts global free trade “at great risk,” a report issued by the Japanese government on Friday said such a move could backfire, threatening to “eventually undermine the entire U.S. economy” by, among other things costing the jobs of hundreds of thousands of U.S. jobs.

The Last Word!

The Japanese report echoed the findings of another analysis of the auto tariffs’ impact, the Peterson Institute for International Economics estimating that anywhere from 195,000 to as many as 624,000 U.S. jobs could be lost, the higher figure reflecting what would happen if trade partners retaliate.

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