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Archive for the ‘GM’ Category

Ford Expected to Cut “Thousands” of European Jobs

European unit wants 6% profit margin by 2020.

by on Jan.10, 2019

Steven Armstrong, Ford of Europe's chief, confirmed the unit is taking measures and examining other options to become profitable.

With speculation swirling about the details of an almost certain link up between Ford Motor Co. and Volkswagen AG, the company announced it plans to cut “thousands” of jobs in Europe in the near term.

“We are taking decisive action to transform the Ford business in Europe,” Steven Armstrong, group vice president, Europe, Middle East and Africa, said in a statement on Thursday.

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Ford Europe has been a money loser for several years and now needs to restructure its operations to turn that trend around. The unit employs about 53,000 people. (more…)

Canadian Workers Return After Protest at GM’s Oshawa Plant

Union staged sit-down strike after GM rejects proposals.

by on Jan.10, 2019

Workers at GM's plant in Oshawa, Ontario, staged a sit-down strike after the company rejected plans to keep the plant open.

Workers at General Motors’ Oshawa Assembly Plant outside of Toronto have returned to work after a brief sit-down strike this week that began a few hours after GM rejected a plan proposed by their union to keep the plant open until the end of 2019.

“The workers were so upset they couldn’t work. They couldn’t believe that General Motors had announced that all their hard work was going to be rewarded by canceling their livelihoods, by telling them the plant is closing,” Greg Moffatt, the plant chair representing Unifor workers at GM’s Oshawa facility, told reporters late Tuesday evening, according to Canadian Press.

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Production resumed Wednesday, however, but leaders of union representing some 3,000 Canadian automakers in Oshawa have vowed to continue the fight to save the plant. (more…)

General Motors Makes Deal with Three EV Charging Networks

Pact helps Bolt owners with charging needs.

by on Jan.09, 2019

GM is partnering with EVgo, ChargePoint and Greenlots to make it easier for Chevy Bolt owners to charge their cars while traveling.

General Motors believes the future is with battery-electric vehicles and to further cement that vision, it’s partnering with three of the largest charging networks in the U.S. to make charging easier for current Chevy Bolt and future GM EV owners.

The company is teaming with EVgo, ChargePoint and Greenlots to access the largest collective electric vehicle charging network in the U.S., which includes more than 31,000 charging ports. GM plans to aggregate dynamic data from each of the EV charging networks so owners of the all-electric Bolt can have “a more seamless charging experience” with their vehicles.

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“GM believes in an all-electric future, and this is a significant step to make charging easier for our customers,” said Doug Parks, General Motors vice president of Autonomous and Electric Vehicle Programs.  (more…)

Chevy Launches Expansive Marketing Blitz for Silverado

Brand hitting new and old media to hype latest truck.

by on Jan.09, 2019

Chevrolet's new promotional blitz for the new Silverado includes a new TV ad titled "A Little Bit Country, A Little Bit Rock 'n Roll."

Chevrolet has launched a broad new marketing campaign to bolster the sales of the all-new 2019 Silverado that includes an alliance with Amazon, the top retailer in the U.S.

The marketing campaign began with a traditional television advertising blitz during the College Football Playoff National Championship this week with the debut of the new 60-second TV commercial “A Little Bit Country, A Little Bit Rock n’ Roll” and carried over onto late-night television.

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The campaign comes as the Silverado is feeling some intense pressure from its main rivals Ram and Ford. Ram sales are steadily closing the gap with Silverado. Ram sold 500,000 units in 2017, but sales increased 7% to 536,980 while Chevrolet’s sale were essentially 585,561 in part because GM was re-fitting its plants to bring on the new version of the Silverado.  (more…)

UAW Sues General Motors Over Use of Temporary Hourly Workers

Union says there are 1,000 laid-off workers that should get the jobs.

by on Jan.03, 2019

GM is being sued by the UAW for using temporary workers at the plant instead of laid-off employees.

If there wasn’t tension between the UAW and General Motors due to the company’s restructuring plans to close five plants, the new lawsuit filed by the union over the use of temporary workers should ensure there is now.

The United Auto Workers said on Thursday it was suing GM about labor contract violations due to the alleged use of temporary workers at an Indiana assembly plant.

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The lawsuit was filed on Wednesday in U.S. District Court in Ohio. At the heart of the matter, according to the union, is the fact that GM used temporary workers at the plant when there are 1,000 laid-off hourly employees with rights to transfer to plants with openings — specifically the Fort Wayne, Indiana plant. (more…)

GM Product Czar Mark Reuss Adds “President” to His List of Titles

Following in his father’s footsteps.

by on Jan.03, 2019

GM's Mark Reuss may be happiest behind the wheel of one of these, his impact will now reach beyond product development.

General Motors has a new president, global product czar Mark Reuss stepping in to fill a role left vacant late last year when former president Dan Ammann was reassigned to run GM’s autonomous vehicle development subsidiary, Cruise Automation.

The 55-year-old veteran, who trained as an automotive engineer, likes to say he has “gasoline in his blood.” He also has long ties to GM itself, his father Lloyd Reuss serving as the carmaker’s president during the turbulent era from 1990 to 1992.

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“Mark’s global operational experience, deep product knowledge and strong leadership will serve us well as we continue to strengthen our current business, take advantage of growth opportunities and further define the future of personal mobility,” said GM Chairman and CEO Mary Barra. “Mark has played a critical role in leading the development of the company’s award-winning vehicles while transitioning his team to prepare for growing electrification and autonomous technologies.” (more…)

GM Blows Past 200K in EV Sales Triggering Tax Credit Drop

Company hit the mark in Q4 2018, meaning cut coming in April 2019.

by on Jan.02, 2019

Sales of the Chevy Bolt rose 3.5% in the first half of 2018, and that helped push GM past the 200,000-unit mark in the fourth quarter of 2018.

Just as Tesla Inc. cut $2,000 off the price of all of its vehicles to help offset the loss of the $7,500 federal tax credit, General Motors is now in the same position after crossing the threshold just as it headed into 2019.

According to Reuters, the company reached the milestone – which began with sales in 2010 – at some point during the fourth quarter of 2018. Now buyers of GM-produced electric vehicles will only be able to get the full credit until April, at which point it will drop to $3,750. After another six-month period, it will fall again in October to $1,875.

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That will last until April 2020, after that – barring some sort of new legislation from Congress – the credit disappears. The company knew it was closing in on the target this fall as it began to lobby members of Congress to extend the credit for EV buyers. (more…)

Unifor Puts Pressure on GM in New Advertising Campaign

Ads have a pointed message for the company.

by on Jan.02, 2019

Unifor President Jerry Dias said the new advertising campaign is designed to get GM to change its mind about the Oshawa, Ontario plant.

Unifor, the union representing autoworkers in Canada, has launched an advertising campaign attacking General Motors’ decision to shutter plants and idle workers.

Jerry Dias, Unifor president, the successor to the old CAW, hase advertising campaign objective is to force GM to reconsider the decision to idle an assembly plant in Oshawa, Ontario, on an industrial site with a history of vehicle building stretching back more than 100 years.

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The Unifor ads are scheduled to appear in Canada and the U.S. and appeared even as GM was airing an expensive advertising campaign during the Christmas and New Year’s holidays that featured GM “employees,” touting Chevrolets. (more…)

Russian Automaker GAZ Pushes for U.S. to Lift Sanctions

Treasury Department moving to accelerate process.

by on Dec.27, 2018

Russian automaker GAZ is looking to get the U.S. to lift sanctions off the company so it can do business here.

The Russian and U.S. governments are discussing lifting the U.S. sanctions on a Russian automaker, GAZ, which is part of a holding company in which a prominent Russian oligarch, Oleg Deripaska, has a key stake.

The talks aimed at lifting U.S. sanctions on Russian automaker GAZ are ongoing with the U.S. Treasury Department, and the company is implementing internal measures to encourage the process, Russian Finance Minister Anton Siluanov said, according to Reuters.

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The U.S. Treasury extended a deadline for investors to divest from GAZ to March 7, a day after it announced it would lift sanctions on the core assets of Deripaska’s empire — Rusal, the world’s second largest aluminum company, and its parent En+ of which GAZ is also a part. (more…)

GM Listens to Unifor Proposals about Canadian Plant

Executives promise response by Jan. 7.

by on Dec.21, 2018

Unifor President Jerry Dias called his meeting with GM officials "frustrating," but also noted officials said they'd keep an "open mind" during negotiations.

General Motors Co. is promising to respond by Jan. 7, to Unifor, the Canadian union that represents GM workers, which has laid out proposals that would maintain production at an assembly plant in Oshawa, Ontario, GM is preparing to shutter permanently.

Unifor President Jerry Dias met with senior GM officials in Detroit Thursday to make the case that the Ontario plant should be kept open. “The meeting today was frustrating,” said Dias at a press conference in Windsor on the Canadian side of the Detroit River.

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“But in the meeting today, General Motors did not unilaterally slam the door either,” Dias said during the press conference. “They announced that they would listen to our proposals and they would get back to us by the 7th of January whether or not they will work with us to find a solution.” (more…)