General Motors to Build an Electric Motor Plant
GM is to become the first car maker to build their own mass-production electric motor plant
GM is to become the first car maker to build their own mass-production electric motor plant
There’s no doubt that General Motors is looking to Europe for inspiration for cars that will appeal to younger drivers
So General Motors … the parent company for Holden … is now in bankruptcy. While that’s a position that few could have imagined a year or two ago it’s a reality and it’s giving General Motors a chance to restructure.
That restructuring includes selling off a large chunk of GM Europe … almost certainly to a [...]
Way back at the beginning of May we reported that Fiat was well in the running to purchase GM’s European brands of Opel, Vauxhall and Saab … a move that would catapult it into second spot on the world rankings of car manufacturers.
However at the end of May talks between GM and Fiat broke down when [...]
The big news in America at the moment is the dropping by General Motors and Chrysler of around 3,000 new car dealers.
General Motors has around 6,000 new car dealers spread across the country and plans to terminate up to 2,000 of them and the official announcement is expected soon.
Chrysler is said to be planning to shed [...]
Well we knew that was happening anyway but just how bad has the drop been in January?
Reuters is reporting that Ford’s sales in January are down 42.1 percent. General Motors has reported a drop in January sales of 49 percent, Toyota has dropped 34 percent and Nissan is down around 30 percent.
Now let’s wait and [...]
The Detroit Auto Show started today and GM is there in force with it’s hybrids and it’s electic concept cars. Among those concept cars is an electric Cadillac that displays some very nice flowing lines … and a range of just 64 kilometres.
The Mini E will cover around 250km … obviously it’s a much smaller [...]
Without the US government bailout of GM and Chryslerboth are insolvent according to the Sean McAlinden, Chief Economist for the Centre of Automotive Research in Ann Arbor Michigan … just down the road from Detroit.
McAlinden also suggests that GM is not in a position to meet the initial loan conditions set down by the government but [...]
So the bail-out plans for the American car industry didn’t get through Congress? Well in the long-term that’s probably a good thing because it means that we could see a real change in the car industry world-wide.
In the short-term it’s probably a good thing too because it really did look as though Congress wanted to [...]
In America General Motors is expected to announce the suspension of development work on a range of future models. One of Ford’s biggest parts suppliers has announced the closure of five plants as demand for its products dries up.
The big three manufacturers in the US are reported to be planning on approaching the White House [...]
Ford in the United States recoreded a 30% drop in sales for October and General Motors reported a 45% drop in sales for the same period.
Can things get any worse for Ford and General Motors? I’m sure they can and I’m sure they will.
In America there used to be the big three auto makers – General Motors, Ford and Chrysler. Now of course we have the very weak and wobbly three as sales plummet, credit evaporates and fuel becomes so expensive that even the Americans now want smaller, more fuel efficient cars.
Soon though there’s a very strong possibility [...]
New figures show that vehicle sales remained softer in September, reflecting the broader slow down in the Australian economy.
Official VFACTS data released today by the Federal Chamber of Automotive Industries (FCAI) show that 80,938 cars, trucks and buses were sold in September – down 3.1 per cent (2,551 vehicles) compared to the same month last [...]
What’s the cost of tightening 42,408 nuts? If you don’t know and I don’t know then perhaps we need to ask GM in America because they’re about to find out.
They’ve just issued a recuall for 42,408 Sturn Vue compact SUVs because there is a possibility that a nut has worked loose in the power steering [...]
Earlier this month we reported on the latest car sale figures for the Australian market in May but not every country … nor every segment … was as bouyant as the Australian market was in May. In once instance the impact of falling sales has led to some serious re-thinking of future plans.
General Motors experienced [...]
Earlier this week General Motors announced that it would be closing four plants in the United States and Canada in a cost-cutting exercise that see a reduction in GM’s production of trucks and SUV’s. That was probably to be expected as the cost of fuel rose and the demand for big vehicles diminished.
What was not [...]
Toyota has just released figures that indicate that in the first quarter of this year it sold 2.3 million vehicles worldwide. That figure put’s it about 900,000 vehicles ahead of General Motors.
Interestingly in Toyota’s home market – in Japan – it’s suffering just as much as Japanese manufacturers. In China – the world’s biggest expanding [...]
General Motors made quite a splash at the Detroit Auto Show with a brand-new electric car. It’s only in the concept stage right now but maybe one day we’ll see the Chevrolet Volt sold in Australia under the Holden brand.
And don’t be fooled into thinking that this car can’t travel long distances. General Motors suggests [...]
Are you one of those really advanced techno-geek revheads that would love to be able to intergrate your iPod into the dash of your car? Well you’re not alone, it seems that there are many people around the world who would love to be able to do that and dispense with the current non-tech plug-in-cigarette [...]
There has been some speculation around for a while now that Nissan might be interested in some form of alliance with General Motors in the US.
Unfortunately for GM that possibility is looking less and less likely every passing day. GM has reported a massive drop in sales for June when compared to this time last [...]
It’s been quite some time since Fiat sold anything smaller than a truck in Australia and that’s hardly surprising since Fiat almost disappeared in a cloud of financial dust back in 2003.
So bad did their future look back then that General Motors paid a cool $2 billion to buy their way out of an agreement [...]
That’s a title that has long been held by American giant – General Motors – but experts suggest that Toyota is about to claim the title from the ailing American giant.
In America GM continues to see sales plummet while Toyota, Honda, Hyundai and Kia all continue to post improved sale figures month after month.
There seems [...]