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Posts Tagged ‘gm news’

GM Goes Solar

Installing major solar array at Lordstown plant.

by on Oct.22, 2014

GM continues adding solar arrays at plants around the world. The maker announced it's adding an array at its Lordstown, Ohio, facility.

General Motors is aiming to bolster its green credentials by installing a huge solar array that will be visible from the well-traveled Ohio Turnpike outside the company’s big assembly plant in Lordstown, Ohio.

GM’s new 2.2 megawatt, ground-mounted solar array will be complete by the end of the year. When the last of more than 8,500 solar panels are in place, it will be GM’s largest solar installation in the Western Hemisphere, the maker claims – but not necessarily the largest sun-power system, producing just a fraction of the output of the solar park in use at Volkswagen’s Tennessee plant.

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GM has been adding solar arrays and waste-burning power generators at its assembly plants in the U.S. as part of a concerted effort to reduce costs and clean up the environment by eliminating waste and limiting the use of carbon-based fuel such as oil and coal. (more…)

China Plays Critical Role in GM’s Intelligent Vehicle Development

Maker plans to leverage expertise to produce smart cars.

by on Oct.20, 2014

General Motors is planning to further develop its autonomous vehicle technology in China, in particular its ENVI-style vehicles.

General Motors plans to bring its latest technology to China and use its technical resources in there to develop vehicles that can fit into the country’s growing megacities that continue to expand, GM top executive in China said this week.

“China has indeed has been a very rewarding market for GM we’ve benefited from the tremendous growth,” noted Matt Tsien, president of GM China. China plays very big role in GM strategic considerations and China’s voice is a very strong voice within GM, Tsien added during a discussion at the annual Global Automotive Forum in Wuhan, China.

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China became the world’s largest single automotive market in 2009 and the size of country’s car fleet has doubled in the last five years and is expected to double again by 2020. (more…)

GM Hit with 2nd $10 Bil Lawsuit

Suit claims losses on 27 million vehicles.

by on Oct.17, 2014

The lawsuit claims a 2010 Chevrolet Camaro has lost $2,000 in value due to the recall crisis.

General Motors has been hit with another lawsuit that could seek as much as $10 billion in compensation for owners who have allegedly seen the value of their vehicles fall due to the maker’s ongoing recall crisis.

Filed in Manhattan federal court, the lawsuit was prepared by the same, Seattle-based firm that brought another $10 billion claim against GM earlier this year, Hagens Berman Sobol Shapiro LLP.

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“The value of all GM-branded vehicles has diminished as a result of the widespread publication of those defects and New GM’s corporate culture of ignoring and concealing safety defects,” the lawsuit states, referring to the post-bankruptcy carmaker as “New GM.”

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Chevrolet Previews its SEMA Cars

An emphasis on accessories.

by on Oct.16, 2014

The SS Sport concept gives the V-8-powered sports sedan a makeover that screams high performance.

With the ghosts and goblins and candy displays going up at Costco that obviously means one thing: the annual SEMA Show is just around the corner. And another clear indication is the flood of previews landing in our e-mailboxes in recent days.

One of the lengthiest missives comes from Chevrolet – along with a passel of pics revealing some of the performance-oriented concepts the bowtie brand will squeeze onto its stand at the Las Vegas Convention Center.

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“These concepts suggest possibilities of how to amplify Chevrolet’s heritage of performance and fun-to-drive spirit to make them even more personal,” Paul Edwards, vice president of Chevrolet Marketing. (more…)

GM Slides to 3rd as VW Nabs 2nd Spot in Global Sales

Toyota firmly in the lead.

by on Oct.16, 2014

Vehicles like the new Golf "family" have helped Volkswagen grow sales worldwide.

For three-quarters of a century the world’s best-selling carmaker, General Motors has slipped another notch down the automotive ladder, Volkswagen AG pushing past to become number two in the industry pecking order.

With the first nine months of the year behind it, the German maker sold 7.4 million passenger vehicles compared to 7.37 million for GM. Though it hasn’t reported its numbers for the first three quarters yet, Japanese giant Toyota Motor Co. is expected to maintain its hold on the industry’s number one spot.

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Industry analysts say the real race, going forward, is likely to be between Toyota and VW, the German automaker laying out an aggressive expansion program it hopes will let it become king-of-the-automotive-hill before the end of the decade.

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GM Enjoying Strong October Sales

Full-size pickups leading maker to another strong month.

by on Oct.15, 2014

In October, strong sales of the Chevrolet Silverado are pushing GM to a repeat of last month's results.

With sales of truck and utility vehicles going strong, early returns indicate October will be another good month for General Motors, executives said this week.

Sandor Piszar, Chevrolet director of Truck Marketing, said before a presentation on GM’s truck sales that overall sales of new vehicles have remained strong during the first part of October. So far this month, sales have basically continued on the same path as they were on during September, according to the reports from dealers, he said.

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Chevrolet sold more than 50,000 Silverado trucks in September, resulting in a share gain of 6.5 percentage points in the large pickup truck market and making it the current-generation Silverado’s best sales month since its launch. (more…)

Airbag Issues Force Recalls at GM, Chrysler

New GM midsize pickups among those impacted.

by on Oct.15, 2014

They’ve been called one of the industry’s most important safety breakthroughs, but manufacturers might also call airbags a major headache lately, as a growing list of problems have led to the recall of millions of vehicles over the last year.

The latest on the list are Chrysler and General Motors, both announcing service actions due to wiring defects that could cause airbags in some vehicles to fail when needed. The issue at Chrysler is similar to one that forced a major recall by cross-town rival Ford last month.

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Among the vehicles covered by the latest pair of recalls are the all-new General Motors midsize pickups just coming to market. GM initially ordered a stop-sale in hopes of making repairs before the vehicles got into consumers’ hands, and it now says only 138 of the 2,432 Chevrolet Colorado and GMC Canyon trucks covered by the service action have actually been delivered to buyers.

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GM Sees Switch Fatalities Jump to 27

Feinberg still evaluating additional death and injury claims.

by on Oct.14, 2014

Kenneth Feinberg has approved 27 claims for death benefits from the GM victims compensation fund.

The number of deaths tied to General Motors’ faulty ignition switch rose again this week. It’s now responsible for 27 fatalities as well as 25 serious injuries, according to the findings by Kenneth Feinberg, administrator of the maker’s $600 million victims fund.

Initially, GM acknowledged 13 deaths, but that figure has been climbing steadily since Feinberg began reviewing claims from victims and their families in August. It’s also likely that number will rise further as Feinberg and his team continue evaluating more than 175 fatality claims.

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The fund will pay at least $1 million for each death claim, along with $300,000 payments to surviving spouses and children for pain and suffering. In addition, it will calculate the economic value of the life lost. (more…)

Nissan Latest to Join Big Recall Club

Altima sedans could see hoods fly open while driving.

by on Oct.10, 2014

Nissan targets the Altima for recall.

In most years, a recall of 220,000 midsize sedans might make major headlines. This year, however, Nissan’s latest safety news could almost be lost in the noise, the auto industry already recalling roughly 40 million vehicles for all matter of problems.

But the Japanese maker is warning that it is looking into the possibility that its problems could be more serious, leading to a possible expansion of today’s announcement.

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The initial news, at least, involves 220,000 Nissan Altima sedans sold in the U.S. during the 2013 model-year because their secondary hood latches could fail. If that happens, the hoods could potentially fly open while the vehicles are in motion.

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“Green Truck” Finalists Revealed – and Surprises Abound

The truck world is “changing in a very big way.”

by on Oct.10, 2014

GM jumped back into the midsize truck market with the Chevrolet Colorado and GMC Canyon.

It’s that time of year, nominees for all sort of automotive awards being revealed in time for the launch of the 2015 models. But where performance and luxury features might sway most juries, at least one major award focuses on things environmental.

So, it might come as a surprise to see Green Car Journal tipping its hat to five new pickups, but the magazine says vehicles like the Ram 1500 EcoDiesel and Chevrolet Colorado underscore the dramatic changes sweeping through all aspects of today’s automotive world.

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“The significant efficiency and environmental improvements being made in the truck segment signal an important change in the industry,” said Ron Cogan, publisher of the Green Car Journal and CarsOfChange.com.

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