Posts Tagged ‘gm news’

Bigger is Better with Hydrogen Power, GM Concludes

Automaker’s fuel-cell efforts will target big SUVs, pickups, commercial and military vehicles.

by on Oct.18, 2017

SURUS was designed to form a foundation for a family of commercial vehicle solutions that leverages a single propulsion system integrated into a common chassis.

It’s been four decades since General Motors rolled out its first fuel-cell vehicle, a large van offering the room needed to haul around all the powertrain hardware and tanks full of hydrogen.

These days, all that technology has been downsized to the point where it can fit inside a compact car and leave plenty of room for passengers and cargo. But while some competitors – including Toyota, Hyundai and Honda – are focused on bringing to market small, hydrogen-powered passenger cars, GM is, in a sense, going back to its roots.

Beyond the Headlines!

The automaker is betting that it makes more sense to electrify small vehicles, like its Chevrolet Bolt EV and the roughly 20 other BEVs it plans to bring to market by 2023. When it comes to hydrogen, the head of its fuel-cell program sees the biggest opportunity for vehicles like large SUVs, full-size pickups and commercial and military vehicles. (more…)

Chevy Unveils Two Special Edition Colorados to Mark Truck Centennial

GM kicks off truck part at State Fair of Texas.

by on Oct.18, 2017

Chevrolet is marking 100 years of truck production with two new Colorado ZR2 special editions: Dusk and Midnight.

As Chevrolet celebrates a century of building trucks during the 2018 Model Year, it is expanding its midsize truck line-up with two new editions for the Colorado as it readies for the annual SEMA show in Las Vegas.

The 2018 Colorado ZR2 Midnight Edition features an all-black exterior finish, black Chevy bowtie emblems and 17-inch five-spoke black accessory wheels, including the spare. The ZR2 Midnight also features a black sport bar with off-road LED lighting and ZR2 logos on the sport-bar sail panels.

News Now!

The ZR2 Dusk Edition offers the same content as the ZR2 Midnight, but can be purchased in all other ZR2 exterior finishes, with black accents throughout. (more…)

GM, Cruise Get First Crack at NYC Autonomous Testing

They are the first to conduct Level 4 testing.

by on Oct.17, 2017

Cruise Automation introduced its third-gen automated vehicle. In addition to testing in San Francisco, they will also be part of the new New York City fleet.

General Motors and Cruise Automation continue their push for a leadership position in autonomous vehicle development, securing approval from the State of New York to begin Level 4 testing in the Empire State.

GM, which paid $1 billion for San Francisco-based Cruise in late 2016, will use a fleet of autonomous Chevy Bolts to conduct the real-world testing in Manhattan — the first company to gain approval to do so.

Plugging You In!

“Autonomous vehicles have the potential to save time and save lives, and we are proud to be working with GM and Cruise on the future of this exciting new technology,” said New York Governor Andrew Cuomo.  (more…)

Canadian Workers Ratify New Pact with GM

Longest strike in nearly two decades over.

by on Oct.16, 2017

The strike by Unifor workers at GM's plant in Ingersoll, Ontario, ended with a new four-year deal.

This story contains updated information.

Striking workers at the General Motors plant in Ingersoll, Ontario, have ratified a new four-year contract with the automaker, ending the longest walkout at a GM plant in nearly two decades.

Unifor Local 88 announced the results of the ratification vote Monday afternoon and said workers would begin returning to work begin immediately. The agreement was passed by 85.9% members and 78.7% of trades, the local said.

Union News!

“The ratification of a new four-year agreement between GM Canada and Unifor Local 88 at CAMI Assembly is welcome news for our company, employees and the community,” Steve Carlisle, president and managing director, General Motors Canada, in a statement.

“We have an outstanding new product at CAMI with the Chevrolet Equinox and I am confident that we will quickly pull together to continue to demonstrate to the world the outstanding productivity, innovation and quality that is synonymous with the CAMI workforce.”

The tentative agreement came late Friday after GM had warned Unifor Local 88, the union representing some 2,750 workers employed at the plant, the company was prepared to shift more production of the popular Chevrolet Equinox from Canada to Mexico if the four-week-old strike continued.

(GM reaches deal with Canadian workers. For the story, Click Here.)

The threat had appeared to lead to a deadlock in the talks, which had stalled out the previous week.

Local 88 employees were angry about GM's decision to move production of the GMC Terrain to Mexico.

Details of the tentative agreement are being withheld pending ratification, but one of the union’s key demands was a commitment from GM that the Ingersoll plant would remain the lead plant for production of the Equinox, a compact sport utility vehicle that is one of the most popular vehicles sold by GM in North America.

The union wanted a written commitment from GM that Ingersoll would be the lead plant, meaning production would be reduced at factories in Mexico if production of the Equinox need to be reduced because of a decline in sales.

(Click Here for details about Unifor’s demand for new product in Ingersoll.)

Inventories on dealer lots had dwindled to less than 40 days and GM faces stiff competition for sales in the segment from competitors such as the Toyota RAV4, Honda CRV and Ford Escape.

The dispute over the merits of the North American Free Trade Agreement. GM has long-favored NAFTA, which allows it to build vehicles and components in Mexico duty free, while Unifor, like its counterpart in the U.S., the United Auto Workers, has criticized the trade pact claiming it’s destroying jobs in the U.S. and Canada.

The dispute in Ingersoll intensified in July after GM laid off 600 employees and shifted production of the GMC Terrain to Mexico. GM countered that it had already invested $800 million in the remodeling the plant but layoffs led directly to the strike union representatives said when the strike began Sept. 17.

(To see more about the negotiations between GM and Unifor, Click Here.)

“This strike has shown all of Canada why a renewed North American Free Trade Agreement must address the needs of working people first,” said Unifor President Jerry Dias in a statement after the tentative settlement was reached.

GM Reaches Deal with Canadian Auto Workers

Uniform Local 88 holding ratification vote on Monday.

by on Oct.15, 2017

After four weeks on the picket lines, it appears Unifor employees have struck a deal with GM. (Photo credit: Arnie De Vaan)

Striking Canadian auto workers said late Friday they had reached a tentative deal to end a four-week-old walkout at a key GM assembly plant in Ingersoll, Ontario.

“The Master Bargaining Committee, along with our Unifor National Representatives, is pleased to announce that a tentative agreement has been achieved,” Unifor Local 88 said on its website.

Union News!

“Details of the Tentative Agreement will not be released until the membership ratification meeting,” the Local said in its announcement, adding it would hold a ratification meeting and vote on Monday. (more…)

GM Appoints Bolt Boss to New EV Post

Fletcher named Vice President, Global Electric Vehicle Programs

by on Oct.13, 2017

Pam Fletcher, GM's electric vehicle chief, and North American President Alan Batey hold the Motor Trend Car of the Year trophy. for the Chevrolet Bolt.

With the pressure mounting in several corners of the globe to promote the use of electric vehicles on the road, General Motors Co. appointed Pamela Fletcher to the newly created position of Vice President, Global Electric Vehicle Programs.

Fletcher, who has spent a substantial part of her career with GM working on electric vehicles, led the team that launched the Chevrolet Bolt EV and “created the plan to accelerate us along the pathway to our vision of a zero emissions world,” the company noted.

News You Can Trust!

The Bolt has been considered a technical success and is considered an integral part of the company’s future fleet of autonomous vehicles and GM’s car sharing initiatives. (more…)

GM Tells Unifor Equinox Going to Mexico if Strike Doesn’t End

Company laying off workers at other facilities due to strike.

by on Oct.12, 2017

Unifor President Jerry Dias speaks to striking workers at GM's Ingersoll, Ontario, plant.

The ongoing talks between General Motors and Unifor-represented workers at the company’s plant in Ingersoll, Ontario, may be heading south — literally.

The workers at the plant, which produces the hot-selling Chevy Equinox, walked off the line more than four weeks ago and GM is beginning to feel the pinch. GM negotiators told Unifor they had a Plan B in place if the plant’s workers didn’t return to work.

News You Can Trust!

“GM just told us today that they are going to ramp up production in Mexico,” Unifor President Jerry Dias told Reuters. “They have declared war on Canada.” (more…)

GM Shutting Down Poletown Plant for 2017 in November

GM's been aggressively matching personnel levels to vehicle demand.

by on Oct.12, 2017

GM is idling its Detroit-Hamtramck facility where it builds the Chevy Volt and three other vehicles.

General Motors plans to temporarily shut down its Detroit-Hamtramck Assembly plant due to falling demand for the four vehicles built at the plant. The move idles more than 1,800 hourly and salaried employees.

Detroit-Hamtramck Assembly, also known as the Poletown plant, builds the Chevy Impala, Chevy Volt, Cadillac CT6 and Buick LaCrosse.

News Now!

The plant will begin reducing production levels Oct. 20, culminating in the shutdown on Nov. 13, which will last through the end of 2017. It’s the second time this year GM’s been forced to cut personnel from the plant, letting more than 600 temporary employees go in late spring. (more…)

General Motors Stock Soaring to Record Highs

Ford stock also on the rise in last two months.

by on Oct.10, 2017

General Motors stock prices has steadily risen in recent months, setting record highs as sales continue to grow.

The value of General Motors is setting new records as its value continues a climb that began last month as the company’s sales rose and the automaker unveiled plans for an aggressive push into electric and automated vehicles.

GM’s stock was given another lift Monday when it climbed 40 cents per share, closing at $45.33, a new high, following two announcements.

Financial News!

In one of announcements, GM disclosed it had acquired, a high-tech start-up, Strobe Inc., which is based in Southern California for an undisclosed sum. Strobe has developed a unique, lower-cost Lidar system and Lidar is considered a critical element in a system used by automated vehicles.  (more…)

GM Buys Lidar Firm to Accelerate Autonomous Car Development

Acquisition will improve speed, reduce costs.

by on Oct.09, 2017

Cruise Automation introduced its third-gen automated vehicle. The new vehicles will be part of its San Francisco-based test fleet.

General Motors is putting its money where its mouth is when it comes to being a leader in autonomous vehicle technology, announcing today it was acquiring Lidar technology company Strobe Inc.

Strobe, based in Pasadena, California, will be taken under the wing of GM’s Cruise Automation team to develop next-generation Lidar for the company’s self-driving vehicles. The parties did not reveal the financials of the agreement.

We're Cruising!

The company’s developed a new microchip Lidar system would significantly enhance the capabilities of the self-driving cars GM was developing, Vogt said during conference call with reporters.  (more…)

Сashbery hyip

еще по теме