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Posts Tagged ‘gm news’

GM Reaches Deal with Canadian Auto Workers

Uniform Local 88 holding ratification vote on Monday.

by on Oct.15, 2017

After four weeks on the picket lines, it appears Unifor employees have struck a deal with GM. (Photo credit: Arnie De Vaan)

Striking Canadian auto workers said late Friday they had reached a tentative deal to end a four-week-old walkout at a key GM assembly plant in Ingersoll, Ontario.

“The Master Bargaining Committee, along with our Unifor National Representatives, is pleased to announce that a tentative agreement has been achieved,” Unifor Local 88 said on its website.

Union News!

“Details of the Tentative Agreement will not be released until the membership ratification meeting,” the Local said in its announcement, adding it would hold a ratification meeting and vote on Monday. (more…)

GM Appoints Bolt Boss to New EV Post

Fletcher named Vice President, Global Electric Vehicle Programs

by on Oct.13, 2017

Pam Fletcher, GM's electric vehicle chief, and North American President Alan Batey hold the Motor Trend Car of the Year trophy. for the Chevrolet Bolt.

With the pressure mounting in several corners of the globe to promote the use of electric vehicles on the road, General Motors Co. appointed Pamela Fletcher to the newly created position of Vice President, Global Electric Vehicle Programs.

Fletcher, who has spent a substantial part of her career with GM working on electric vehicles, led the team that launched the Chevrolet Bolt EV and “created the plan to accelerate us along the pathway to our vision of a zero emissions world,” the company noted.

News You Can Trust!

The Bolt has been considered a technical success and is considered an integral part of the company’s future fleet of autonomous vehicles and GM’s car sharing initiatives. (more…)

GM Tells Unifor Equinox Going to Mexico if Strike Doesn’t End

Company laying off workers at other facilities due to strike.

by on Oct.12, 2017

Unifor President Jerry Dias speaks to striking workers at GM's Ingersoll, Ontario, plant.

The ongoing talks between General Motors and Unifor-represented workers at the company’s plant in Ingersoll, Ontario, may be heading south — literally.

The workers at the plant, which produces the hot-selling Chevy Equinox, walked off the line more than four weeks ago and GM is beginning to feel the pinch. GM negotiators told Unifor they had a Plan B in place if the plant’s workers didn’t return to work.

News You Can Trust!

“GM just told us today that they are going to ramp up production in Mexico,” Unifor President Jerry Dias told Reuters. “They have declared war on Canada.” (more…)

GM Shutting Down Poletown Plant for 2017 in November

GM's been aggressively matching personnel levels to vehicle demand.

by on Oct.12, 2017

GM is idling its Detroit-Hamtramck facility where it builds the Chevy Volt and three other vehicles.

General Motors plans to temporarily shut down its Detroit-Hamtramck Assembly plant due to falling demand for the four vehicles built at the plant. The move idles more than 1,800 hourly and salaried employees.

Detroit-Hamtramck Assembly, also known as the Poletown plant, builds the Chevy Impala, Chevy Volt, Cadillac CT6 and Buick LaCrosse.

News Now!

The plant will begin reducing production levels Oct. 20, culminating in the shutdown on Nov. 13, which will last through the end of 2017. It’s the second time this year GM’s been forced to cut personnel from the plant, letting more than 600 temporary employees go in late spring. (more…)

General Motors Stock Soaring to Record Highs

Ford stock also on the rise in last two months.

by on Oct.10, 2017

General Motors stock prices has steadily risen in recent months, setting record highs as sales continue to grow.

The value of General Motors is setting new records as its value continues a climb that began last month as the company’s sales rose and the automaker unveiled plans for an aggressive push into electric and automated vehicles.

GM’s stock was given another lift Monday when it climbed 40 cents per share, closing at $45.33, a new high, following two announcements.

Financial News!

In one of announcements, GM disclosed it had acquired, a high-tech start-up, Strobe Inc., which is based in Southern California for an undisclosed sum. Strobe has developed a unique, lower-cost Lidar system and Lidar is considered a critical element in a system used by automated vehicles.  (more…)

GM Buys Lidar Firm to Accelerate Autonomous Car Development

Acquisition will improve speed, reduce costs.

by on Oct.09, 2017

Cruise Automation introduced its third-gen automated vehicle. The new vehicles will be part of its San Francisco-based test fleet.

General Motors is putting its money where its mouth is when it comes to being a leader in autonomous vehicle technology, announcing today it was acquiring Lidar technology company Strobe Inc.

Strobe, based in Pasadena, California, will be taken under the wing of GM’s Cruise Automation team to develop next-generation Lidar for the company’s self-driving vehicles. The parties did not reveal the financials of the agreement.

We're Cruising!

The company’s developed a new microchip Lidar system would significantly enhance the capabilities of the self-driving cars GM was developing, Vogt said during conference call with reporters.  (more…)

GM Talking With US Army about Developing New Fuel-Cell Vehicle

SURUS program offers commercial applications.

by on Oct.06, 2017

SURUS was designed to form a foundation for a family of commercial vehicle solutions that leverages a single propulsion system integrated into a common chassis.

General Motors may expand its fuel-cell research and development program with the U.S. Army, including the company’s new Silent Utility Rover Universal Superstructure platform, also known as SURUS.

The Army has been testing the fuel cell-powered Chevrolet Colorado ZH2 on U.S. bases for the past six months to determine the viability of hydrogen-powered vehicles in military-mission tactical environments.

The Last Word!

Now the two sides are in talks to add the SURUS to that evaluation program. The SURUS is flexible fuel cell-powered, four-wheel concept with autonomous capabilities. It is based on a heavy-duty truck frame and designed as a “foundation” for a new generation of commercial vehicles that leverages a single propulsion system integrated into a common chassis, according to GM officials. (more…)

GM Going All-Electric; 20 New EVs Planned by 2023.

“GM believes in an all-electric future,” says product czar Reuss.

by on Oct.02, 2017

The Chevrolet Bolt will soon by joined by "at least" 20 more battery-electric vehicles from GM.

Despite a slow start for its Chevrolet Bolt EV, General Motors “believes in an all-electric future,” the maker’s global product development chief said Monday, announcing GM will back that up with the launch of 20 pure battery-electric vehicles, or BEVs, by 2023.

The Bolt, the automaker’s first long-range electric model, will be joined by two other BEVs within the next 18 months, GM also confirmed Monday. The largest of Detroit’s Big Three automakers also revealed a fuel-cell-powered heavy-duty truck concept dubbed SURUS, that could be used for a variety of purposes, such as a delivery vehicle or first-responder vehicle.

Stay Plugged In!

GM joins a growing list of manufacturers who have, in recent months, announced plans to greatly expand their range of battery and fuel-cell vehicles. Some, such as Volvo, intend to only offer electrified drivelines, others, such as Volkswagen, say they will have electrified options available on all future models. But while it has not set out a timeline, GM intends to go to 100% pure electric across the board, officials said.

(more…)

GM Canada Strike Rolling into Third Week

Unifor officials say GM leaders failing to address concerns.

by on Oct.02, 2017

The strike by Unifor workers at GM's plant in Ingersoll, Ontario, is in its third week and shows no signs of ending. (Photo credit: Unifor Local 88)

The strike by workers at a General Motors assembly plant in Ingersoll, Ontario, that has cut production of one of GM’s most popular vehicles is entering its third week with little signs of a settlement.

Last week, Unifor negotiators, including Unifor President Jerry Dias, traveled to GM Headquarters in Detroit to discuss the roadblocks preventing a new deal.

News You Can Trust!

“We met with the heads of North American Manufacturing and Finance. We expressed our concerns around our outstanding issues, such as Job Security, Economics and Contract Language,” the unit said on its website. (more…)

GM Launches 1.0-T Engine in China

The new powerplants arrive as government pushes for electric vehicles.

by on Sep.29, 2017

GM is rolling out its new 1.0T and 1.3T engines in China as the government is pushing for electric vehicles.

As the Chinese government puts pressure on for carmakers to build more electric vehicles, General Motors is putting its new-generation ECOTEC 1.0-T and 1.3-T dual injection engines into service in China.

The turbocharged engines were developed as part of a global architecture with the support of GM’s worldwide manufacturing and supply chain networks. They will power Buick and Chevrolet models built and sold in the domestic market starting later this year, GM officials said.

Global Auto News!

“GM is integrating our unmatched global resources with our local capabilities to offer reliable, durable and efficient propulsion systems,” said Michael Carman, GM China vice president of Global Propulsion Systems. “These new engines will offer a great ownership and driving experience to our customers across China.” (more…)