Ford, Chrysler to reduce summer shutdowns at most N.A. plants 12:01 am U.S. ET | May 22, 2013  Ford Motor and Chrysler Group said today they are scaling back annual summer production shutdowns this year in hopes of boosting output of key models in North America. General Motors declined to disclose specific summer plans.... Read More »
GM moving treasury office to Detroit headquarters from New York 9:35 am U.S. ET | May 22, 2013  GM said it will move its treasury office to its Detroit headquarters from New York in mid-2014, affecting about 70 employees.... Read More »
Opel keeps Bochum logistics center open to fulfill contractMay 22, 2013 06:01 CET  Opel will keep a spare-parts distribution center open until 2016 at its plant in Bochum, Germany, as long as two years after car production ends at the site. The plant, which makes the Zafira minivan, is scheduled to close by the end of 2014 after workers rejected a restructuring plan in March that would have extended manufacturing there for another two years.... Read More »
NADA, automakers reach out with aid for tornado victims 7:23 pm U.S. ET | May 21, 2013 The National Automobile Dealers Association and several automakers are reaching out with assistance to dealers and victims affected by Monday's tornado in Oklahoma.... Read More »
Ford to maintain Canadian factory footprint despite high labor costs 12:49 pm U.S. ET | May 21, 2013  Ford is confident it can preserve its manufacturing profile in Canada despite uncompetitive operating costs tied to the high Canadian dollar, the company's top executive in the country said today.... Read More »
2 congressmen ask Treasury for details on 2008-09 dealership closures 2:36 pm U.S. ET | May 21, 2013 Two congressmen -- one a former Ohio auto dealer and the other a Pennsylvania new- and used-car dealer -- have asked the U.S. Treasury Department to release materials detailing how General Motors and Chrysler dealerships were selected for closure during the 2008-09 restructuring.... Read More »
NEEDED: 'THICK SKIN' GM designer knows crucial launches produce a love-hate response 12:01 am U.S. ET | May 20, 2013  Chevrolet designer Tom Peters describes the blocky, chiseled front end of the 2014 Silverado pickup as a "fist in the wind." The metaphor also could describe the resolve Peters needs to weather his critics as the lead designer for two of the most closely scrutinized vehicles on the planet: the Silverado and Corvette.... Read More »
REUTERS NEWS ANALYSIS The road to a greener America is littered with roadkill 11:43 am U.S. ET | May 20, 2013  Apart from the recent success of Tesla Motors, the electric vehicle sector has been one of the biggest duds in clean tech. It's all part of green energy's mid-life crisis.... Read More »
Chevy joins 'Mad Men' buzz on Twitter 4:11 pm U.S. ET | May 20, 2013  Chevrolet brought some more attention to its role in "Mad Men" on Twitter after last night’s episode. AMC’s television drama "Mad Men" follows a fictional New York advertising agency in the late 1960s, which currently is working on a campaign for the Chevrolet Vega.... Read More »
TALK FROM THE TOP: MARK REUSS, NORTH AMERICAN PRESIDENT, GENERAL MOTORS GM seeks clean launch, regular updates for pickups 12:01 am U.S. ET | May 20, 2013  Mark Reuss, president of General Motors North America, says GM is staying vigilant on the June launch of the Chevrolet Silverado and GMC Sierra full-sized pickups, its most important rollout since the company's 2009 bankruptcy. He says GM is closely monitoring suppliers to avoid bottlenecks that could delay the launch or hurt quality.... Read More »
CFO says GM streamlining is 'on its way' 12:01 am U.S. ET | May 20, 2013  As a banking adviser to General Motors when he was at Morgan Stanley, Dan Ammann got an upfront view of GM's spiral into bankruptcy in 2009 and subsequent restructuring. Now, more than two years into his job as CFO, Ammann acknowledges that he had only a faint idea at the time of how complex GM is.... Read More »
GM's Cruze diesel ghostbuster 12:01 am U.S. ET | May 20, 2013  No one on Mike Siegrist's engineering team talks about the failed Oldsmobile diesel V-8 from the 1980s. But it's there, a 745-pound cast-iron ghost. Siegrist leads the 50-member engineering team that is equipping the first GM car in North America with a diesel since 1986.... Read More »
EDITORIAL GM, Chrysler are still working on supplier relations 12:01 am U.S. ET | May 20, 2013 Are General Motors and Chrysler Group playing hardball with suppliers again? The latest automaker-supplier relations study by the consultant firm Planning Perspectives Inc. was troubling... Read More »
FINAL ASSEMBLY Shaq: No grease needed to slide into his LaCrosse 12:01 am U.S. ET | May 20, 2013  Can Shaquille O'Neal really fit into a Buick LaCrosse? During a recent episode of the "Inside the NBA" postgame show on the TNT network, analyst Charles Barkley kidded the 7-foot-1-inch Shaq about his LaCrosse ads by saying O'Neal had to be rubbed down with Gold Bond Lotion to slide in.... Read More »
Chevy will get a version of small Nissan cargo van 12:01 am U.S. ET | May 20, 2013  General Motors will sell a restyled version of Nissan's four-cylinder NV200 commercial van as the 2015 Chevrolet City Express in the fall of 2014.... Read More »
Akerson's global goal: Rebuild GM into an IT powerhouse 12:01 am U.S. ET | May 20, 2013 General Motors is hiring thousands of workers and spending hundreds of millions of dollars to rebuild the in-house information technology capability it began dismantling nearly two decades ago.... Read More »
GM shares return to $33 IPO price on optimism for truck sales 10:19 am U.S. ET | May 17, 2013  Shares in GM topped its $33 initial public offering price for the first time in more than two years as the automaker prepares to introduce redesigned full-sized pickups.... Read More »
European car sales post 1st gain in 19 months 5:19 am U.S. ET | May 17, 2013  European car sales rose for the first time in 19 months as a gain in consumer sentiment in countries using the euro led to rebounds in Germany and Spain. Still, the European auto market is at a two-decade low, and industry executives are forecasting a drop of about 5 percent for 2013 amid a recession in the 17-nation euro zone.... Read More »
BRADFORD WERNLE In the Land of Many Buicks, one in particular stood out 3:59 pm U.S. ET | May 17, 2013  If you were an alien from another world and your spaceship landed in Shanghai, you would immediately conclude that Buick is a planetary titan among automotive brands.... Read More »
Cadillac to offer new twin-turbo V-6 on XTS for 2014 8:11 am U.S. ET | May 17, 2013  Cadillac is adding a new 410-hp, twin-turbo 3.6-liter V-6 engine as an option on the XTS sedan for 2014.... Read More »
In boost to GM and VW, China resumes incentives for foreign auto investment 12:01 am U.S. ET | May 17, 2013  A surprise policy shift in China is expected to give a boost to GM, Volkswagen Group and other foreign automakers planning to expand in the world's largest car market.... Read More »
VW, GM, others get unexpected boost in ChinaMay 17, 2013 06:01 CET  A surprise policy shift in China is expected to give a boost to VW Group, GM and other foreign automakers planning to expand in the world's largest car market.... Read More »
Subaru, Mitsubishi small crossovers top new crash test 12:01 am U.S. ET | May 16, 2013  The Subaru Forester and Mitsubishi Outlander Sport have won top honors from the Insurance Institute for Highway Safety, becoming the only small SUVs to ace the group's new "small overlap" crash test.... Read More »
Detroit 3 research group targets next-gen hybrid, EV batteries 3:46 pm U.S. ET | May 15, 2013 With the U.S. Department of Energy's help, a research group managed by the Detroit 3 is launching a drive to speed development of next-generation battery technologies for hybrids and electric vehicles, the department said today.... Read More »
JIM HENRY 'Last resort' means something good 12:01 am U.S. ET | May 15, 2013  In a recent blog, I referred to GM Financial as a “lender of last resort” for parent company General Motors. I meant simply that GM regards GM Financial as a lender GM can count on, no matter what.... Read More »
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