Detroit Bureau on Twitter

Posts Tagged ‘gm news’

GM Expanding Maven Peer-to-Peer Rentals to Include Other Brands

Other brands will be available in mid-2019.

by Michael Strong on Nov.13, 2018

General Motors Vice President Urban Mobility and Maven Julia Steyn said the company will be adding non-GM vehicles to its peer-to-peer rental fleet.

Maven, General Motors’ private ride-sharing service, is undergoing an expansion early next year. Before gig-based entrepreneurs around the country begin salivating, the expansion is product-based not geographic.

The company is going to allow non-GM brand products to be rented on the platform starting in the middle of 2019, a GM official revealed.

Subscribe Now!

According to Julia Steyn, vice president of GM Urban Mobility and Maven, said Monday during a presentation at the UBS Global Technology Conference in San Francisco, that Maven plans expand the platform to micro-fleet entrepreneurs. (more…)

GM Adds Silverado ZH2 to Military-Ready Line-up

Company continues its work with the U.S. Army.

by Michael Strong on Nov.07, 2018

GM's defense team is developing a Silverado version of the ZH2 in concert with the U.S. Army.

General Motors defense group continues to develop new urban warfare vehicles for the U.S. military to consider. The latest under development is the new Chevrolet Silverado ZH2.

The military-grade version of the Silverado is mirrored off the Colorado ZH2 the company produced in 2016. Developed in concert with the U.S. Army Tank Automotive Research Development and Engineering Center, the Silverado ZH2 is powered by a next-gen hydrogen fuel cell and advanced battery systems.

Subscribe Now!

It features a heavy-duty strength design, a “race proven multimatic dynamic suspension” and a range of more than 400 miles, according to Autoblog.com. (more…)

GM Moves to Close Ohio Parts Warehouse

Company building new site in Michigan.

by Joseph Szczesny on Nov.07, 2018

GM officials break ground on $65 million ACDelco and Genuine GM Parts processing facility.

General Motors is moving to close a warehouse outside of Dayton, Ohio, as it re-aligns its parts distribution system.

Jim Cain, GM spokesman, told TheDetroitBureau.com the closing of the Ohio warehouse does not represent a cutback. The labor team at West Chester was informed in June that work for would be transferring to a new facility sometime in 2019, Cain said in an e-mail.

Subscribe Now!

“The new facility is under construction in Burton, Michigan,” he added. The United Auto Workers had no immediate comment. (more…)

GM Is Going to Build eBikes – and Wants the Public to Come Up With a Name

Winner will get $10,000.

by Paul A. Eisenstein on Nov.02, 2018

One of General Motors' two electric bikes is a distinctively styled compact version.

The word, “mobility” is showing up in transportation circles a lot these days, and expectations are that the public will have plenty of alternative ways to get around in the years ahead, everything from electric scooters to ride-sharing services.

That’s led General Motors to invest billions in a variety of different transportation alternatives, including car-sharing service Maven and it autonomous Cruise Automation subsidiary. Now, the Detroit automaker says, it will be getting into the bicycle business. Make that electric bikes, two of which it unveiled on Friday.

The Last Word!

It wants to start selling them next year but it has a rather significant problem: no name. So, it is asking the public to come up with a moniker for the new brand and will give the participant who submits the winning choice $10,000, with nine runners-up getting $1,000 each.

(more…)

Honda Aligns With GM on Fuel Economy Rules

Japanese automaker pushes Trump administration to compromise.

by Joseph Szczesny on Nov.01, 2018

Honda is aligning with General Motors in calling for tougher, but unified fuel economy standards in the U.S.

Honda has joined General Motors on calling the EPA to abandon its proposed fuel-economy rollback and is asking federal officials to negotiate with states like California to offer a single, comprehensive update to federal fuel-economy standards.

“Despite continued development of exciting new automotive technologies, the long-term achievements of this industry will depend as much on policies as on powertrains,” Honda noted in its response to the Trump administration.

News You Can Trust!

“The regulatory framework and policy levers will define the landscape in which our industry operates and competes. Managing this transition thoughtfully is of paramount importance to industry and society alike,” Honda continued regarding the administration’s proposal to freeze the fuel economy standards at 2021 levels and end California’s ability to set its own rules on fuel economy and greenhouse gas emissions. (more…)

GM Offering Buyouts to Salaried Employees to Cut Workforce

Automaker may terminate employees if buyout doesn't achieve results.

by Michael Strong on Oct.31, 2018

General Motors is offering buyouts to 18,000 employees as it seeks to streamline its North American operations.

After reporting a better-than-expected third quarter, General Motors is being “proactive” and offering voluntary buyouts to about 18,000 salaried employees in North America.

The offer is being extended to workers with 12 years or more experience and are designed to get ahead of rising costs, particularly in China. Employees were informed via a newsletter emailed Wednesday.

Business News!

The automaker reported a net profit of $2.53 billion during the July-to-September quarter, or $1.75 a share. A year ago, it lost $2.98 billion, or $2.03 a share, though that figure largely reflected the cost of completing the sale of its European-based Opel subsidiary to France’s PSA Group. (more…)

GM Handily Beats Earnings Forecast, Buoyed by Truck Sales

Shares soar in pre-bell trading.

by Paul A. Eisenstein on Oct.31, 2018

GM's Renaissance Center headquarters in Detroit.

General Motors delivered a positive surprise to analysts and investors on Wednesday morning, delivering significantly stronger earnings than had been forecast, buoyed by surging demand for its light truck line-up, including the completely redesigned Chevrolet Silverado pickup.

The announcement stands in sharp contrast to rival Ford Motor Co. which, last week, reported a significant decline in third-quarter income, despite strong demand for models like its F-150.

Subscribe for Free!

GM said it earned a net of $2.53 billion during the July-to-September quarter, or $1.75 a share. A year ago, it lost $2.98 billion, or $2.03 a share, though that figure largely reflected the cost of completing the sale of its European-based Opel subsidiary to France’s PSA Group.

(more…)

GM Asks for Relief on Fuel Rules While Betting Big on EVs

CEO Barra talks about GM's battery-based future.

by Joseph Szczesny on Oct.30, 2018

General Motors Chairman and CEO Mary Barra talked about the company's future batter-electric vehicles at CityLab Detroit 2018.

General Motors has proposed downshifting the federal fuel-economy standards it signed off when it went bankrupt a decade ago, but its top executive said she hopes the automaker can help hasten the switch to electric vehicles.

GM said in a document released this week it favors annual increase in fuel-efficiency standards based on “historic rates” rather than the Obama era rules or a proposal from Trump administration proposal that would basically loosen the current standards.

News You Can Trust!

Mary Barra, GM chairman and chief executive officer, noted in remarks in Detroit that GM has taken a leading role in the development of electric vehicles and is now developing its fourth generation of EVs.   (more…)

GM Setting its Own Course for Emissions Standards

Call for California-like plan different from other automakers.

by Joseph Szczesny on Oct.29, 2018

General Motors is breaking from the automotive pack with its call for an national emissions policy similar to California's.

General Motors call to use California’s Zero Emission Standard in all 50 states is setting up a potential conflict with the other carmakers.

GM is asking the Environmental Protection Agency for a new fuel-economy standard that would take the California’s Zero Emission Standard for EVs the rule for all 50 states and steer millions of new consumers into electric vehicles — a position very different that of the Trump administration, which has made no secret of its desire to obliterate the California ZEV mandate.

News You Can Trust!

Meanwhile, the Auto Alliance, in a statement issued the same day as GM’s surprise announcement, praised the Trump administration for offering to modify the fuel economy and greenhouse gas standards. (more…)

GM Offers First-Ever Extended Bumper-to-Bumper Warranty

Company claims it could raise resale values.

by Michael Strong on Oct.15, 2018

GM's new extended warranty is accepted at all GM dealers across the U.S.

The difference between buying one new vehicle or another can often come down to the tiniest of things, but General Motors is now offering a big thing that it hopes will make a big difference: an extended bumper-to-bumper warranty.

The company is offering what it is calling the first ever true extended bumper-to-bumper warranty that covers Chevrolet and GMC products for five years or 60,000 miles, whichever comes first, while Cadillac and Buick owners can get a six-year or 75,000-mile warranty.

Product News!

“One of the best things about buying a new vehicle is the peace of mind that comes with the warranty,” said Ken Mac, director of Chevrolet, Buick, GMC, Cadillac Protection.  (more…)