Remember all of those bankruptcy protections sought by General Motors that were made against any and all future lawsuits linked to ignition-related accidents and fatalities that occurred prior to the automaker’s exit from said bankruptcy in July 2009? Guess how much it would owe if the shield collapsed?
Just in time for Black Friday or Black Thanksgiving (for those heathens who really want Alex from Target to scan their cheap HDTV, instead of giving him the day off by voting with their wallets), General Motors will be giving their customers a $25 gift card if they bring in their vehicles affected by the February 2014 recall by December 1.
Remember how the heads of Volkswagen and Daimler were urging their fellow automakers not to drink so much Google Kool-Aid? General Motors thinks the punch isn’t spiked at all, pressing forward with a plan to bring Android into its brand portfolio by late 2016.
Should companies in the future need to be bailed-out by the federal government, they may not be so forthcoming with the necessary information if General Motors’ confidential documents linked to its own bailout see the light of day.
General Motors is gearing up to spend $63 million on expanding its Lansing Delta Township plant — home of the GMC Acadia, Buick Enclave and Chevrolet Traverse — as part of an overall $300 million improvement plan involving the automaker’s Michigan properties.
TTAC reader (and former GM employee) Mikey alerted me to this video, which I missed, due to promptly shutting off the TV after the Kansas City Royals lost the World Series.
General Motors has sold 189,354 copies of its big Lambda-platform crossovers in the United States this year. Combined sales of the Buick Enclave, Chevrolet Traverse, and GMC Acadia have risen by a scant 137 units through the first nine months of 2014.
GM’s six full-size, body-on-frame, pickup-based SUVs, on the other hand, have collectively increased their U.S. volume by 22%, a gain of 32,652 sales, to 183,080 units in total.
These nine nameplates have generated 17% of GM’s 2.2 million year-to-date sales. (Read More…)
CJ writes:
My name’s CJ I have a 04 (Malibu MAXX) with a 3.5 V6 and I have the same problem with the car running hot (as Part I) but here’s the kicker :when the a/c is on the it runs normal, completely normal under both situations. I’m thinking fan switch, but the radiator sounds plausible. What’s your take and is there something in between all this that I’m forgetting? (Read More…)
As of last Friday, 30 fatality and 31 injury claims have been approved for payout from the General Motors victim compensation fund created in the wake of the February 2014 ignition recall, and helmed by the staff of appointed attorney Kenneth Feinberg.
Despite problems with the Russian market, as well as restructuring costs, General Motors says Vauxhall and Opel are on their way out of the red and into the black.
Through the first nine months of 2014, U.S. Buick volume is up 8% to 170,764 units, nearly 50,000 sales back of Lexus, sales of which have risen 16%. Though Buick, the 19th-best-selling auto brand in America, trails Lexus, the 18th-best-selling brand, by a wide margin, Buick has opened up a wide lead over America’s three next-best-selling brands, Audi, Cadillac, and Acura. (Read More…)
The Takata airbag recall continues to grow, with Nissan adding 260,000 2008 through 2012 models worldwide to the list.
It’s official: the ban preventing Tesla from directly selling its wares to customers in Michigan has been reinforced.
Cadillac sales in the United States rose to a six-year high in 2013. Yet in five of 2014’s nine months, sales have declined. Through three-quarters, Cadillac volume is down 4%. Overall new vehicle sales in the U.S. are up by more than 5%.
BMW, Mercedes-Benz, and Lexus sales are up 11%, 8%, and 16%, respectively, in 2014. Audi, up 14%, is routinely outselling Cadillac.
The SRX was a bright spot for Cadillac in the first half of this year, not only because it’s the brand’s best-selling model but because sales had jumped 20% compared with the first half of 2013. After six consecutive monthly increases, however, SRX sales in July slid 7%. August volume fell 37%. September sales dropped 15%.
Total third-quarter SRX sales were down 22%, a loss of nearly 3700 sales. (Read More…)
Come next year, General Motors will have a new general counsel, as Michael Millikin has decided to call it a day.
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