General Motors announced Wednesday it would invest $1.4 billion into its Arlington Assembly Plant, which produces SUVs.
The investment will create a new paint shop, body shop and “general assembly area upgrades” for the plant that produces Chevrolet Tahoes and Suburbans, GMC Yukons and Yukon XLs and Cadillac Escalades.
Construction will take three years and plant operations won’t be impacted, GM said.
According to Automotive News reporter Krishna Anatharaman, members of the media who aren’t driving American-branded cars won’t be able to park in the building deck of today’s UAW-GM handshake event.
Before you say, “What the Toyota Camry?” keep in mind: Most of the automakers make you park in hinterlands if you don’t drive what they like.
Speaking to reporters in Toronto on Friday, Fiat Chrysler Automobile chief Sergio Marchionne said the official filing to spin off Ferrari could happen within the next few days.
“We are days away from filing the prospectus,” Marchionne said, according to the Detroit News.
The future standalone supercar maker will make available 10 percent of the company through its initial public offering, which is widely expected in October. The remainder of the company will be held by Fiat investors and Enzo Ferrari’s son, Piero Lardi Ferrari, who is vice chairman of the company.
So, the world is coming to an end.
Smartphone users who just can’t handle the thought of their iDroidberrys shutting off because they get a little overheated, GM has a solution for you. The automaker announced a feature in upcoming 2016 Chevrolet Malibus and Impalas that will cool the phone while charging on the wireless mat before it turns itself into a hot brick of glass, plastic and metal.
Finally, engineers at GM got my letter.
How desperate has FCA CEO Sergio Marchionne become about marrying off his company? He’s asking activist investors to prod General Motors to the chapel.
A year after General Motors went under the gun for its part of the February 2014 ignition recall crisis, the NHTSA is now facing the music for the rest.
The Volkswagen Phaeton, the pride of former chairman Piëch, has been discontinued in the UK. Don’t worry, though, if you’re one of those people who enjoy such understated luxury. Volkswagen is still planning a next-generation version of the car.
Here’s what happened overnight.
The ATS-V+ rumored by Motor Trend is definitely not happening according to Cadillac spokesperson David Caldwell. The proposed new model would encroach too much into CTS-V territory for comfort.
Here’s what happened overnight.
Gary writes:
Good Afternoon,
Today when I got into my 2002 Saturn SL2, the power door locks started chattering. Each door, over the space of about 45 minutes, had the same thing happen. Sometimes it would be one at a time, other times it would be two or more. I also noticed that the inside locks – the “up/down” button, not the little lever you use to manually unlock the car – would not work, only later to work. For now I have removed the lock fuse and that stopped the problem. I wait and plug the fuse back in, and the sporadic chattering once again begins. Sometimes it is completely quiet. Any thoughts?
Thank you!
Sergio Marchionne sent Mary Barra a detailed email in the middle of March in an effort to start merger talks. Barra, CEO of General Motors, was uninterested in the offer and rebuffed Marchionne, CEO of Fiat Chrysler Automobiles.
It was the first time the two executives had ever spoken, but it wouldn’t be the last Barra would hear of Marchionne’s merger desires.
That’s the story being told by the New York Times today, detailing the lengths to which Marchionne is going to trigger consolidation within the automotive industry.
If you’re a parts supplier to General Motors, you have two choices: bid for business as it comes up or open your books and factories to skip the bidding process.
According to Automotive News, the latter option is part of GM’s One Cost Model launched in 2013, allowing the automaker to analyse a supplier’s internal cost data to identify cost-cutting opportunities. In exchange, suppliers can receive exclusive parts contracts that can last the lifecycle of a model and GM will not put that particular piece of business up for bid.
This all requires a significant amount of trust from suppliers, a commodity which has been lacking at GM since the ’90s.
My name is Satish Kondapavulur. I am what most baby boomers would call “a millennial.” I like Vampire Weekend, streaming movies on Netflix, and playing Gran Turismo. My plans this weekend involve driving to Berkeley, going to whatever eardrum-splitting concert my friends want to see, with my dinner plans probably being a burger and fries from In-N-Out picked up at midnight. My daily driver is a 2002 BMW 530i, one of the best BMWs ever made. My favorite movie is American Graffiti, a film which involves plenty of loud exhausts, racing on city streets, and a 30-year-old Harrison attempting to pass for a teenager. And I liked my Buick LaCrosse test car.
-Jamaal McCoy, general manager of Findlay Chevrolet in Las Vegas, quoted by the Wall Street Journal.
The final tally is in for the Canadian taxpayer. With the Canadian government unloading the last of its shares in General Motors, the estimated loss is said to be $3.5 billion.
All right, it’s the big close! The one we’ve all been waiting for! Will Bark show his fanboi colors as somebody who owns not one, not two, but THREE Fords? Does GM actually do anything well? Is Chrysler on the road back to respectability? Does anybody really like articles with questions like this? Let’s go!
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